{"id":52139,"date":"2022-12-19T18:02:23","date_gmt":"2022-12-19T17:02:23","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/the-worldwide-virtual-clinical-trials-industry-is-expected-to-reach-5-billion-by-2027-decentralization-of-clinical-trials-drives-growth-researchandmarkets-com\/"},"modified":"2022-12-19T18:02:23","modified_gmt":"2022-12-19T17:02:23","slug":"the-worldwide-virtual-clinical-trials-industry-is-expected-to-reach-5-billion-by-2027-decentralization-of-clinical-trials-drives-growth-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/the-worldwide-virtual-clinical-trials-industry-is-expected-to-reach-5-billion-by-2027-decentralization-of-clinical-trials-drives-growth-researchandmarkets-com\/","title":{"rendered":"The Worldwide Virtual Clinical Trials Industry is Expected to Reach $5 Billion by 2027 &#8211; Decentralization of Clinical Trials Drives Growth &#8211; ResearchAndMarkets.com"},"content":{"rendered":"<div>\n<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5692411\/virtual-clinical-trials-market-global-outlook?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=rkr47k&amp;utm_campaign=1792298+-+The+Worldwide+Virtual+Clinical+Trials+Industry+is+Expected+to+Reach+%245+Billion+by+2027+-+Decentralization+of+Clinical+Trials+Drives+Growth&amp;utm_exec=jamu273prd\" rel=\"nofollow noopener\" shape=\"rect\">&#8220;Virtual Clinical Trials Market &#8211; Global Outlook &amp; Forecast 2022-2027&#8221;<\/a> report has been added to <strong>ResearchAndMarkets.com&#8217;s<\/strong> offering.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20221219005556\/en\/1668711\/4\/logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20221219005556\/en\/1668711\/21\/logo.jpg\"><\/a><\/p>\n<p>\nThe virtual clinical trials market is one of the innovative approaches for traditional clinical trials, through remote monitoring and more patient-centric approaches.\n<\/p>\n<p>\nThese virtual clinical trials adoption was high during the COVID-19 pandemic period and the usage of decentralized clinical trials components application rate. Most clinical trial conductors started to move towards the decentralized or hybrid clinical trial model.\n<\/p>\n<p>\nVirtual clinical trials are also known as de-centralized clinical trials. Although the vendors adopted virtual clinical trials for many years, however, it was very slow adoption before the pandemic.\n<\/p>\n<p>\nThe virtual clinical trials market includes the application of digital tools and technological processes that take trials from healthcare settings to patients&#8217; homes or places of work.\n<\/p>\n<p>\nThe reduction in site visits, associated time, and economic cost cuttings eliminate the burden placed on patients and solve the challenges for trial participation. The virtual clinical trials market brought significant advantages and reduced major challenges like patient retention, recruitment, and more. These are the factors that fuel market growth.\n<\/p>\n<p>\n<strong>Key Questions Answered:<\/strong>\n<\/p>\n<p>\n1. What is the size of the global virtual clinical trials market?\n<\/p>\n<p>\n2. What is the global virtual clinical trials market growth?\n<\/p>\n<p>\n3. What are the trends in the global virtual clinical trials market?\n<\/p>\n<p>\n4. Who are the key players in the global virtual clinical trials market?\n<\/p>\n<p>\n5. Which region will dominate the global virtual clinical trials market share?\n<\/p>\n<p>\n<strong>Market Dynamics<\/strong>\n<\/p>\n<p>\n<em><strong>Opportunities &amp; Trends<\/strong><\/em>\n<\/p>\n<ul>\n<li>\nAdoption of &#8220;Bring-Your-Own-Device&#8221; Strategy\n<\/li>\n<li>\nClinical Trials Powered With Better Data Through New Connected Devices\n<\/li>\n<li>\nAdoption of Synthetic Clinical Trials\n<\/li>\n<\/ul>\n<p>\n<em><strong>Growth Enablers<\/strong><\/em>\n<\/p>\n<ul>\n<li>\nSpike in Virtual Clinical Trial Adoption Due to Covid-19\n<\/li>\n<li>\nDecentralization of Clinical Trials\n<\/li>\n<li>\nRegulatory Changes in Favor of Virtual Clinical Trials\n<\/li>\n<\/ul>\n<p>\n<em><strong>Growth Restraints<\/strong><\/em>\n<\/p>\n<ul>\n<li>\nChallenges Associated With Virtual Clinical Trials\n<\/li>\n<li>\nComplexity in Decentralized Clinical Trials\n<\/li>\n<li>\nIncreasing Alternatives for Virtual Clinical Trials\n<\/li>\n<\/ul>\n<p>\n<strong>Market Segmentation<\/strong>\n<\/p>\n<p>\n<strong>by Study Type<\/strong>\n<\/p>\n<ul>\n<li>\nInterventional\n<\/li>\n<li>\nOthers\n<\/li>\n<\/ul>\n<p>\n<strong>by Phases<\/strong>\n<\/p>\n<ul>\n<li>\nLate Stage\n<\/li>\n<li>\nEarly Stage\n<\/li>\n<\/ul>\n<p>\n<strong>by Therapeutic Area<\/strong>\n<\/p>\n<ul>\n<li>\nOncology\n<\/li>\n<li>\nRare &amp; Genetic Diseases\n<\/li>\n<li>\nCNS\n<\/li>\n<li>\nImmunology\n<\/li>\n<li>\nOther\n<\/li>\n<\/ul>\n<p>\n<strong>Segmentation by Company Size<\/strong>\n<\/p>\n<ul>\n<li>\nSmall &amp; Mid-Sized\n<\/li>\n<li>\nLarge Sized\n<\/li>\n<\/ul>\n<p>\n<strong>by Geography<\/strong>\n<\/p>\n<ul>\n<li>\nNorth America\n<\/li>\n<li>\nU.S.\n<\/li>\n<li>\nCanada\n<\/li>\n<li>\nEurope\n<\/li>\n<li>\nGermany\n<\/li>\n<li>\nFrance\n<\/li>\n<li>\nUK\n<\/li>\n<li>\nItaly\n<\/li>\n<li>\nSpain\n<\/li>\n<li>\nAPAC\n<\/li>\n<li>\nJapan\n<\/li>\n<li>\nChina\n<\/li>\n<li>\nIndia\n<\/li>\n<li>\nSouth Korea\n<\/li>\n<li>\nAustralia\n<\/li>\n<li>\nLatin America\n<\/li>\n<li>\nBrazil\n<\/li>\n<li>\nMexico\n<\/li>\n<li>\nArgentina\n<\/li>\n<li>\nMiddle East &amp; Africa\n<\/li>\n<li>\nTurkey\n<\/li>\n<li>\nSaudi Arabia\n<\/li>\n<li>\nSouth Africa\n<\/li>\n<\/ul>\n<p>\n<strong>Key Company Profiles<\/strong>\n<\/p>\n<ul>\n<li>\nDassault Systemes\n<\/li>\n<li>\nMedable\n<\/li>\n<li>\nScience 37\n<\/li>\n<li>\nTHREAD\n<\/li>\n<\/ul>\n<p>\n<strong>Key Companies To Watch<\/strong>\n<\/p>\n<ul>\n<li>\nAccenture\n<\/li>\n<li>\nCastor\n<\/li>\n<li>\nClinical ink\n<\/li>\n<li>\nClario\n<\/li>\n<li>\nDelve Health\n<\/li>\n<li>\neClinicalHealth\n<\/li>\n<li>\nIQVIA\n<\/li>\n<li>\nLabcorp Drug Development\n<\/li>\n<li>\nObvioHealth\n<\/li>\n<li>\nSignant Health\n<\/li>\n<li>\nThermo Fisher Scientific\n<\/li>\n<\/ul>\n<p>\n<strong>Other Prominent Vendors<\/strong>\n<\/p>\n<ul>\n<li>\nAdvarra\n<\/li>\n<li>\nCuravit Clinical Research\n<\/li>\n<li>\nCMIC Holdings\n<\/li>\n<li>\nIcon Plc\n<\/li>\n<li>\nJeeva Informatics Solutions\n<\/li>\n<li>\nLEO Innovation Lab\n<\/li>\n<li>\nOracle\n<\/li>\n<li>\nParaxel International Corporation\n<\/li>\n<li>\nProPharma Group\n<\/li>\n<\/ul>\n<p>\nFor more information about this report visit <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5692411\/virtual-clinical-trials-market-global-outlook?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=rkr47k&amp;utm_campaign=1792298+-+The+Worldwide+Virtual+Clinical+Trials+Industry+is+Expected+to+Reach+%245+Billion+by+2027+-+Decentralization+of+Clinical+Trials+Drives+Growth&amp;utm_exec=jamu273prd\" rel=\"nofollow noopener\" shape=\"rect\">https:\/\/www.researchandmarkets.com\/r\/ifmh4m<\/a>\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nResearchAndMarkets.com<br \/>\n<br \/>Laura Wood, Senior Press Manager<br \/>\n<br \/><a target=\"_blank\" href=\"mai&#108;&#116;&#111;&#x3a;&#x70;&#x72;&#x65;&#x73;&#x73;&#64;re&#115;&#101;&#97;&#114;&#x63;&#x68;&#x61;&#x6e;&#x64;&#x6d;ark&#101;&#116;&#115;&#x2e;&#x63;&#x6f;&#x6d;\" rel=\"nofollow noopener\" shape=\"rect\">&#x70;r&#x65;&#115;s&#x40;&#114;&#x65;&#115;e&#x61;&#114;&#x63;&#104;a&#x6e;&#100;&#x6d;&#x61;r&#x6b;&#101;t&#x73;&#46;&#x63;&#111;m<\/a>\n<\/p>\n<p>\nFor E.S.T Office Hours Call 1-917-300-0470<br \/>\n<br \/>For U.S.\/ CAN Toll Free Call 1-800-526-8630<br \/>\n<br \/>For GMT Office Hours Call +353-1-416-8900\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;Virtual Clinical Trials Market &#8211; Global Outlook &amp; Forecast 2022-2027&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. The virtual clinical trials market is one of the innovative approaches for traditional clinical trials, through remote monitoring and more patient-centric approaches. These virtual clinical trials adoption was high during the COVID-19 pandemic period and the &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/the-worldwide-virtual-clinical-trials-industry-is-expected-to-reach-5-billion-by-2027-decentralization-of-clinical-trials-drives-growth-researchandmarkets-com\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-52139","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Worldwide Virtual Clinical Trials Industry is Expected to Reach $5 Billion by 2027 - Decentralization of Clinical Trials Drives Growth - ResearchAndMarkets.com - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/the-worldwide-virtual-clinical-trials-industry-is-expected-to-reach-5-billion-by-2027-decentralization-of-clinical-trials-drives-growth-researchandmarkets-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Worldwide Virtual Clinical Trials Industry is Expected to Reach $5 Billion by 2027 - Decentralization of Clinical Trials Drives Growth - ResearchAndMarkets.com - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;Virtual Clinical Trials Market &#8211; Global Outlook &amp; Forecast 2022-2027&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. 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The virtual clinical trials market is one of the innovative approaches for traditional clinical trials, through remote monitoring and more patient-centric approaches. These virtual clinical trials adoption was high during the COVID-19 pandemic period and the ... 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