The Digital Decentralized Clinical Trial Solutions Market 2018-2026: How do Digital Tools Change the Way Clinical Trials are Conducted in North America and the EU?

Landscape of Digital Decentralized Clinical Trial Solutions and Services, Market Size and Outlook, Positioning of Key Players & Trends

Overview: The Digital Decentralized Clinical Trial (DDCTs) Solutions Market 2018-2026 report provides a unique look into one of the fastest-growing digital health markets. DDCTs leverage digital tools to allow for the remote patient and provider participation in clinical trials, reducing costs, saving time on trial activities, and allowing for more diverse, patient-centric trials. The model is quickly becoming popular amongst pharma companies and other trial sponsors, and the market is expected to grow by 38.5% (CAGR) from $1,79 billion to $9,13 billion between 2021 and 2026. The report takes a deep dive into the numbers by providing a forecast for the addressable market, investment opportunities, and the number of clinical trials conducted, while also providing a deeper analysis of the leading players, business models, and trends that will continue to shape the market over the next five years.

The Digital Decentralized Clinical Trial (DDCTs) solutions market is rapidly growing and is attractive to stakeholders across the life science industry. In fact, DDCT companies have experienced a 114% growth in investments in 2020, reaching $750 million USD. Interested parties can benefit from this report in the following ways:

• Pharmaceutical companies and trial sponsors: understand the claims and benefits proposed by DDCT solutions and be informed on which solutions may benefit their clinical research activities.
• Investors: gain insight into the revenues of the market and the immense growth potential.
• CROs: identify the best solution vendors and potential partners for DDCT activities and digital innovation.
• DDCT companies: recognize key competitors within their market segment and others, learn how to better differentiate their service offering, and understand the market divided into six main groups of companies.

Questions the report answers:

• What is the current status of the digital solutions available in the market?
• Which countries offer the largest market?
• Which types of service offerings will be the most successful?
• Who are the key market players, and what is their perceived strategy?
• What are key trends that drive the market?
• What is the current size of the market?
• How will the market consolidate?

The report extensively details the DDCT market structure, dividing the top 49 solutions into six groups based on the business model and service offering, while providing a detailed analysis of the challenges and benefits experienced by each group, their total market capture potential, and an outlook for their future success in the market.

The analyst has been monitoring the digital health market since 2010. This report will act as a baseline for future analyses of the digital decentralized clinical trial solutions market.

Note: The Enterprise Licence price includes a 30-minute report consultation with a research analyst