Pune, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Decentralized Clinical Trials market report is knowledge and experience shared by industry experts to take correct decisions for manufacturers, new entrants, and industry chain-related companies. The report includes a worldwide study with top players in the market, growth in the near future, revenue and share in the market, challenges, and opportunities in the past and future.
Decentralized Clinical Trials market report offers segmentation by product type, application, regional breakup, market size, volume, and value. This report has delivered the key development plans, such as innovative trends and expansions, strengthening of product portfolio, mergers and acquisitions, collaborations, new product invention, and geographical development, undertaken by these participants to maintain their presence.
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The FDA defines decentralized clinical trials as those executed through telemedicine and mobile or local healthcare providers, using processes and technologies that differ from the traditional clinical trial model.
Decentralized clinical trials are conducted remotely, with patient subjects remaining at home during a significant portion, or all, of the study. However, the decentralized clinical trial model is designed for more just patient participants.
The global Decentralized Clinical Trials (DCTs) market size is projected to reach US$ 18950 million by 2028, from US$ 7135 million in 2021, at a CAGR of 14.8% during 2022-2028.
Geographic Segmentation: -
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
North America is the largest production region, with a share about 60%, followed by Europe and Asia-Pacific, both have a share over 30 percent.
Key players in the global market include: -
- Medidata
- IQVIA
- Labcorp
- PRA Health Sciences
- Parexel
- ICON
- Oracle
- CRF Health
- Clinical Ink
- Medable
- Science 37
Global top five manufacturers hold a share over 45%.
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Segmentation by Types: -
- Interventional
- Observational
- Expanded Access
Segmentation by Applications: -
- Oncology
- Cardiovascular
- Others
In terms of product, Interventional is the largest segment, with a share over 45%. And in terms of application, the largest application is Oncology, followed by Cardiovascular, etc.
COVID-19 and Russia-Ukraine War Influence Analysis: -
The readers in the section will understand how the Decentralized Clinical Trials market scenario changed across the globe during the pandemic, post-pandemic, and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production.
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Reasons to Buy This Report: -
- This report stays updated with novel technology integration, features, and the latest developments in the market
- This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Decentralized Clinical Trials industry.
- This report helps stakeholders to gain insights into which regions to target globally
- This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Decentralized Clinical Trials.
- This report helps stakeholders to identify some of the key players in the Decentralized Clinical Trials market and understand their valuable contributions.
TOC of Decentralized Clinical Trials Market Research Report: -
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Decentralized Clinical Trials (DCTs) Breakdown Data by Type
5 Decentralized Clinical Trials (DCTs) Breakdown Data by Application
6 North America
7 Europe
8 Asia-Pacific
9 Latin America
10 Middle East & Africa
11 Key Players Profiles
12 Analyst's Viewpoints/Conclusions
13 Appendix
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About Absolute Reports: -
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