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Stock impact report

Virtual Clinical Trials Market Projected to Reach USD 14.89 Billion by 2032 with a CAGR of 6.07% - SNS Insider [Yahoo! Finance]

ICON plc - Ordinary Shares (ICLR) 
Last icon plc - ordinary shares earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.iconplc.com
Company Research Source: Yahoo! Finance
Austin, Nov. 15, 2024 (GLOBE NEWSWIRE) -- “According to SNS Insider, The Virtual Clinical Trials Market Size was valued at USD 8.78 billion in 2023 and is expected to reach USD 14.89 billion by 2032, growing at a CAGR of 6.07% over the forecast period 2024-2032.” Market Overview The Virtual Clinical Trials Market is evolving rapidly as healthcare providers and researchers shift towards digital solutions that streamline clinical research. Virtual trials, also known as decentralized clinical trials (DCTs), leverage digital health tools to allow patients to participate remotely, bypassing the need for traditional trial sites. This approach not only makes clinical research more accessible but also ensures continuity, particularly in studies involving chronic and rare conditions that traditionally face logistical challenges. Key digital innovations such as AI-driven recruitment, data analytics, and telemedicine are helping to optimize trial efficiency and transparency, enabling phar Show less Read more
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