Press release
Accelerated Growth in AI-Based Clinical Trial Solutions Market Driven by Rising Adoption of AI Technology: A Key Factor Shaping the Future of the AI-Based Clinical Trial Solution Providers Market in 2025
AI Based Clinical Trial Solution Providers Market
The AI-based clinical trial solution provider market is poised for growth due to the rising adoption of AI technology. AI, or artificial intelligence, pertains to the creation of software or computer systems capable of performing tasks that usually require human intelligence. Clinical trial solution providers are utilizing AI technology more extensively to introduce accuracy, efficiency, and innovation to different clinical trial lifecycle stages. This is significantly contributing to enhanced patient results and medical research advancements. As referenced by The International Business Machines Corporation (IBM), a technology corporation based in the United States, the global AI adoption rate has seen a substantial rise of 35% in May 2022, an increase of four points from the previous year. Moreover, 2022 is expected to see a 13% increase in firms using AI compared to 2021, while nearly 35% of organizations have incorporated AI into their operations. 42% of firms are contemplating AI adoption, and 66% of the companies are already employing or planning to employ AI to reach their sustainability objectives. Consequently, the rising adoption of AI technology fuels the growth of the AI-based clinical trial solution provider market.
Get Your AI-Based Clinical Trial Solution Providers Market Report Here:
https://www.thebusinessresearchcompany.com/report/ai-based-clinical-trial-solution-providers-global-market-report
What is the future CAGR of the ai-based clinical trial solution providers market, and how will it impact industry expansion?
The market size for AI-based clinical trial solution providers has experienced substantial growth over recent years. The market is projected to enlarge from $2.47 billion in 2024 to $3.04 billion in 2025, showing a compound annual growth rate (CAGR) of 23.1%. Reasons for this growth over the historical period include the rising intricacy of clinical trials, an increase in the volume of clinical trial data, challenges around regulatory compliance, the need for drug discovery and development, and trends in personalized medicine.
In the forthcoming years, a significant upsurge is anticipated in the market size of AI-based clinical trial solutions providers, with projections indicating a growth to $6.96 billion by 2029 at a 23.0% compound annual growth rate (CAGR). Factors contributing to this growth in the forecast period include its integration with Real-World Evidence (REW), advancements in Natural Language Processing (NPL), adoption of decentralized clinical trials, expansion into new therapeutic areas, and improved predictive analytics. The forecast period will also see trends like collaborations with biotech and pharma firms, patient-focused approaches, the use of predictive analytics for trial design, incorporation of real-world evidence, and the application of blockchain for data security.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13575&type=smp
What are the most significant trends transforming the ai-based clinical trial solution providers market today?
Leading businesses in the AI-centric clinical trial solutions sector are making ground-breaking technological advancements, such as Saama's AI-powered data platform, to expedite clinical development and establish a strong market position. An AI-powered data platform is a software solution that uses artificial intelligence (AI) and machine learning (ML) to automate and improve several data management and analytical processes. For example, in June 2023, Saama Technologies Inc., stationed in the US, unveiled an AI-powered data platform known as Saama. This AI-powered platform eases clinical trial procedures by unifying and normalizing data, providing real-time findings on trial operations, financials, and patient data. The platform employs AI and sophisticated analytics to automate tasks, boost productivity, and offer deep insights into patient actions. Through SaaS solutions like data hubs, operational insights, patient insights, S2S, and SDQ, Saama enables AI-centric clinical trial solution providers to maximize efficiency, precision, and efficacy. Furthermore, it seeks to eradicate manual, resource-demanding activities, thereby making clinical trials more efficient and effective.
Which key market segments comprise the ai-based clinical trial solution providers market and drive its revenue growth?
The AI-based clinical trial solution providers market covered in this report is segmented -
1) By Clinical Trial Phase: Phase-I, Phase-Ii, Phase-Iii
2) By Therapeutic Application: Oncology, Cardiovascular Diseases, Neurological Diseases Or Conditions Metabolic Diseases, Infectious Diseases, Other Therapeutic Applications
3) By End-User: Pharmaceutical Companies, Academia, Other End-Users
Subsegments:
1) By Phase-I: Safety And Dosage Studies, Early Pharmacokinetics Studies
2) By Phase-Ii: Efficacy Studies, Dose-Response Studies
3) By Phase-Iii: Confirmatory Studies, Comparative Effectiveness Research
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13575
What regions are at the forefront of ai-based clinical trial solution providers market expansion?
North America was the largest region in the AI-based clinical trial solution providers market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ai-based clinical trial solution providers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the ai-based clinical trial solution providers market?
Major companies operating in the AI-based clinical trial solution providers market report are International Business Machines Corporation, AstraZeneca, Takeda Pharmaceutical Company Limited, IQVIA Holdings Inc., BenevolentAI SA, Charles River Laboratories, Flatiron Health, Saama Technologies Inc., CytoReason, Median Technologies SAS, Concentro Health AI., AiCure, LLC, DEEP LENS AI Inc., GNS Healthcare, Inc., Ardigen, Koneksa Health Inc., Unlearn.AI Inc., PathAI Inc., Deep 6 AI Inc., Intelligencia Inc., Exscientia, Prometheus Biosciences, Inc., Renalytix AI PLC, BioAge Labs Inc., Mendel Health Inc
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=13575&type=smp
What Is Covered In The AI-Based Clinical Trial Solution Providers Global Market Report?
• Market Size Forecast: Examine the ai-based clinical trial solution providers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the ai-based clinical trial solution providers market for a structured understanding.
• Key Players Overview: Analyze major players in the ai-based clinical trial solution providers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ai-based clinical trial solution providers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the ai-based clinical trial solution providers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ai-based clinical trial solution providers market.
• Industry Challenges: Identify potential risks and obstacles affecting the ai-based clinical trial solution providers market.
• Competitive Landscape: Review strategic developments in the ai-based clinical trial solution providers market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Accelerated Growth in AI-Based Clinical Trial Solutions Market Driven by Rising Adoption of AI Technology: A Key Factor Shaping the Future of the AI-Based Clinical Trial Solution Providers Market in 2025 here
News-ID: 3904667 • Views: …
More Releases from The Business Research Company
2025-2034 Inkjet Coder Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Inkjet Coder Market Through 2025?
Strong growth has been witnessed in recent years in the inkjet coder market. It is projected that this market will expand from $2.11 billion in 2024 to $2.27 billion in 2025, experiencing a compound annual growth rate…
Global Industrial Cooking Fire Protection Systems For Food Manufacturing Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Industrial Cooking Fire Protection Systems For Food Manufacturing Industry Market Size Be by 2025?
Over the past few years, the market size for industrial cooking fire protection systems used in food manufacturing has seen a consistent growth. It is projected that the market value will grow…
High Speed Engine Market Trends That Will Shape the Next Decade: Insights from I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the High Speed Engine Market Size By 2025?
The market for high speed engines has seen considerable growth in the last few years. The market which is valued at $24.17 billion in 2024 is predicted to reach $25.58 billion in 2025, experiencing a Compound Annual Growth…
Industrial Sector Growth Fuels Expansion Of Evaporative Cooling Market: The Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Evaporative Cooling Market Size Growth Forecast: What to Expect by 2025?
The market size for evaporative cooling has seen a robust growth in recent times. The outlook predicts an escalation from $6.41 billion in 2024 to $6.8 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.…
More Releases for Clinical
Miami Clinical Research Sets the Standard for Clinical Trials
Miami Clinical Research, a frontrunner in the world of clinical trials and medical research, has emerged as the prime choice for global corporate pharmaceutical giants. With a deep understanding of the complexities of medical studies, the organization champions the crucial role of research in the evolution of transformative therapeutic interventions.
Miami, FL - Renowned as a first-rate center for professional medical exploration, Miami Clinical Research [https://miamiclinicalresearch.com] boasts state-of-the-art facilities, advanced technologies,…
E-Clinical Solutions Market: Revolutionizing Healthcare and Clinical Trials
Introduction
The e-Clinical solutions market has become a pivotal component of the healthcare and pharmaceutical industries. E-Clinical solutions refer to a set of software, tools, and platforms designed to streamline clinical trials and healthcare management. These solutions include electronic data capture (EDC), clinical trial management systems (CTMS), laboratory information management systems (LIMS), and other integrated tools that improve the efficiency, accuracy, and speed of clinical trials and healthcare services. The primary…
E-Clinical Solutions Market: Revolutionizing Clinical Trials
The e-clinical solutions market has experienced significant growth in recent years, driven by the increasing complexity of clinical trials and the need for efficient, accurate, and compliant data management. E-clinical solutions provide a comprehensive suite of tools and technologies to streamline clinical trial processes, accelerate drug development, and improve patient outcomes.
Market Size and Growth
The global e-clinical solutions market is estimated to be worth billions of dollars, with a significant portion…
Clinical Trials Management System Market Optimizing Clinical Trials: The Crucial …
Clinical Trials Management System Market to reach over USD 5.06 billion by the year 2031- Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Clinical Trials Management System Market Size, Share & Trends Analysis Report By Solution Type (Enterprise and Site based), By Delivery Mode (Web & Cloud-based, On-premise), By Component (Software, Services), By End-user (Pharmaceutical and Biotechnology Firms, Medical…
Clinical Research and Clinical Trials Summit
Clinical Research 2019 has been designed in an interdisciplinary manner with a multitude of tracks to choose from every segment and provides you with a unique opportunity to meet up with peers from both industry and academia and establish a scientific network between them. We cordially invite all concerned people to come join us at our event and make it successful by your participation.
This is the premier interdisciplinary forum for…
E-Clinical Trial Solutions Market To Accelerating Clinical Development Technolog …
The study of the "Global e-Clinical Trial Solutions Market" provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry.
The Global e-Clinical Trial Solutions Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the e-Clinical…
