(PharmaNewsWire.Com, January 18, 2024 ) As per Maximize Market research, AI in Clinical Trials Market was USD 1.5 Billion in 2023 and is expected to grow at a CAGR of 15.5 percent over the forecast period to reach USD 4.11 Billion by 2030.
AI in Clinical Trials Market Report Scope and Research Methodology
The AI in Clinical Trials Market Report is meticulously designed to offer a comprehensive understanding of market dynamics, trends, and factors influencing the integration of artificial intelligence in clinical trials. The report employs a robust research methodology to analyze key aspects, providing valuable insights for stakeholders in the healthcare and pharmaceutical industries.
The AI in Clinical Trials Market provides a significant advantage by automating tasks that are traditionally time-consuming and resource-intensive in clinical trials. These tasks include data aggregation, analysis, cohort selection, and patient recruitment. For example, AI algorithms excel in meticulously examining extensive patient data to identify optimal candidates for clinical trials.
AI in Clinical Trials Market Regional Insights
North America, with the United States at the forefront, emerges as a significant center for the integration of AI in clinical trials. The region enjoys the advantages of a robust healthcare infrastructure, a well-established pharmaceutical industry, and substantial investments in AI research.
Maximize Market Research is leading Healthcare research firm, has also published the following reports:
Blockchain Healthcare Market- The market size is expected to reach USD 2267.21 Mn. by 2029 at a CAGR of 56.2 percent during the forecast period.
ClinicalTrials Market- The Market size is expected to reach USD 78.36 Bn. by 2030 at a CAGR of 6.13 percent during the forecast period.
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