AI-based Clinical Trials Solution Provider Market To Record Double-Digit Growth Through CAGR Of 22.5% Over 2021-2028

02-Nov-2021 | Zion Market Research

As per the findings of Zion Market Research study, AI-based Clinical Trials Solution Provider industry gathered revenue about US$ 1.32 billion in 2020 and is slated to earn revenue of approximately US$ 5.53 billion by 2028. Reportedly, AI-based Clinical Trials Solution Provider market is anticipated to register highest gains of approximately 22.5% in 2021-2028. Moreover, expansion of AI-based clinical trials solution provider industry over forecast timespan can be attributed to rise in adoption of AI-driven systems in pharma & biotech firms. In addition to this, penetration of AI-based clinical trials in various sectors will drive market trends. Furthermore, rise in public as well as private sector offerings will create new growth avenues for AI-based clinical trials solution provider market. Apparently, a prominent increase in interventional studies in oncology domain with bulge in cancer cases is likely to present lucrative opportunities of growth for AI-based clinical trials solution market. Massive use of AI-driven clinical trials in cardiology and healthcare will prompt size of AI-based clinical trials solution provider market in upcoming years.

Oncology Segment To Dominate Application Landscape By 2028

Rise in occurrence of cancer resulting in surge in clinical trials in domain of oncology will drive segmental growth in upcoming years. In addition to this, there is a prominent rise in acceptance of AI solutions in oncology sector for performing clinical tests. This, in turn, will steer expansion of oncology segment in forthcoming years.

Pharmaceutical Segment To Contribute Majorly Towards Market Share Over 2021-2028

Segmental growth over assessment period can be credited to rise in acceptance of AI-based systems for drug discovery & clinical experiments by pharmaceutical firms. In addition to this, mergers & acquisitions and strategic alliances have further played a major role in influencing growth of pharmaceutical segment. This will also contribute substantially towards market size in years ahead.

Global AI-based Clinical Trials Solution Provider Market

North America To Account For Largest Market Revenue By 2028

Expansion of AI-based clinical trials solution provider market in North America over assessment period can be credited to rise in number of clinical tests in countries such as the U.S. In addition to this, surge in acceptance of AI-driven technologies and rise in number of start-up firms in countries such as Canada & the U.S. will augment scope of regional market growth over upcoming years. Apparently, rise in awareness about benefits availed due to use of AI-based systems will steer regional market growth.

Key players profiled in report and influencing market growth include Halo Health Systems, Intelligencia, BioAge Labs, Inc., Deep 6 AI, GNS Healthcare, Unlearn.AI, Inc., Saama Technologies, Mendel.ai, Antidote Technologies, Inc., Phesi, Euretos, Innoplexus, BioSymetrics,Symphony AI, Median Technologies, Aicure, LLC, Koneksa Health, DEEP LENS AI, CONSILX, Pharmaseal, Ardigen, Trials.AI, IBM Watson, and Exscientia.

Browse the full AI-Based Clinical Trials Solution Provider Market - By Application (Oncology, Metabolic Diseases, And Cardiovascular Diseases), By End-User (Pharmaceutical And Academia), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/ai-based-clinical-trials-solution-provider-market

The global AI-based Clinical Trials Solution Provider Market is segmented as follows:

By Application

  • Cardiovascular Diseases
  • Oncology
  • Metabolic Diseases

By End-User

  • Pharmaceutical
  • Academia

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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