Global Clinical Trials - Current Trends and Recent Advancement
Global Clinical Trials - Current Trends and Recent Advancement
Summary
There has been tremendous innovation over the past decade with the emergence of new drugs with increasing adoption of targeted therapies in the pharmaceutical industry where they invest significant capital and resources into preserving the patient’s life and the subsequent profits of products which take several years to develop. Clinical trial industry has seen a tremendous increase, with major levers to reduce ineffectiveness and safety concerns.
Major sponsor are focusing on oncology as Cancer cases and related deaths continue to increase globally. While new cancer therapies are being identified offering new options for patients, many patients continue to live with cancer as a chronic disease. Nevertheless, many still succumb to their disease. As cancer is a huge and worldwide challenge, it is of little surprise that of all clinical trials registered for oncology is the greatest in number for any year during past decade. Hence, oncology remains the top therapy area followed by CNS and infectious diseases and henceforth.
Asia-Pacific market share has increased for conducting clinical trial as most Asia has a treatment-naive; skilled investigators; robust clinical infrastructure; faster patient recruitment and lower costs relative to the West; and high-quality output as factors behind the CRO and industry’s growth.
The disruptive potential of digital technology could drive the most value in the pharmaceutical industry in the future. Pharma companies are planning to start or have already started experimenting with Artificial Intelligence (AI), mobile health (mHealth), Big Data, wearable, internet of things and remote wireless monitoring.
The report Global Clinical Trials - Current Trends and Recent Advancement”, provides an in-depth assessment of the current trends in the number of clinical trials globally, Top 10 therapy area, geography wise clinical trials, YOY clinical trials in top 10 therapy area.
An overview of clinical guidelines reforms has also been provided to show how regulatory affect the clinical trials cost and duration. How innovative clinical trials has solved those problems. This report also provides key insights on how CRO companies and Technological advancement has helped the pharma companies in cost and time. Now clinical trials are conducted on global level and especially in those areas where cost of conducting clinical is less such as Pharma emerging markets. An overview of technological advancement has also been provided with collaboration of pharmaceutical companies.
Scope
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook