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.
According to our (Global Info Research) latest study, the global Decentralized Clinical Trials (DCTs) market size was valued at USD 7341.6 million in 2022 and is forecast to a readjusted size of USD 18560 million by 2029 with a CAGR of 14.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Decentralized Clinical Trials (DCTs) key players include Medidata, IQVIA, Labcorp, PRA Health Sciences, Parexel, etc. Global top five manufacturers hold a share over 45%.
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. 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.
This report is a detailed and comprehensive analysis for global Decentralized Clinical Trials (DCTs) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Decentralized Clinical Trials (DCTs) market size and forecasts, in consumption value ($ Million), 2018-2029
Global Decentralized Clinical Trials (DCTs) market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Decentralized Clinical Trials (DCTs) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Decentralized Clinical Trials (DCTs) market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Decentralized Clinical Trials (DCTs)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Decentralized Clinical Trials (DCTs) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Medidata, IQVIA, Labcorp, PRA Health Sciences and Parexel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Decentralized Clinical Trials (DCTs) market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Interventional
Observational
Expanded Access
Market segment by Application
Oncology
Cardiovascular
Others
Market segment by players, this report covers
Medidata
IQVIA
Labcorp
PRA Health Sciences
Parexel
ICON
Oracle
CRF Health
Clinical Ink
Medable
Science 37
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Decentralized Clinical Trials (DCTs) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Decentralized Clinical Trials (DCTs), with revenue, gross margin and global market share of Decentralized Clinical Trials (DCTs) from 2018 to 2023.
Chapter 3, the Decentralized Clinical Trials (DCTs) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Decentralized Clinical Trials (DCTs) market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Decentralized Clinical Trials (DCTs).
Chapter 13, to describe Decentralized Clinical Trials (DCTs) research findings and conclusion.
Summary:
Get latest Market Research Reports on Decentralized Clinical Trials (DCTs). Industry analysis & Market Report on Decentralized Clinical Trials (DCTs) is a syndicated market report, published as Global Decentralized Clinical Trials (DCTs) Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Decentralized Clinical Trials (DCTs) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.