Germany Ai-based Clinical Trials Solution Provider Market Size & Outlook
Germany ai-based clinical trials solution provider market, 2018-2030 (US$M)
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Germany ai-based clinical trials solution provider market highlights
- The Germany ai-based clinical trials solution provider market generated a revenue of USD 78.9 million in 2021 and is expected to reach USD 569.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 24.6% from 2022 to 2030.
- In terms of segment, oncology was the largest revenue generating therapeutic applications in 2021.
- CVD is the most lucrative therapeutic applications segment registering the fastest growth during the forecast period.
Ai-based clinical trials solution provider market data book summary
| Market revenue in 2021 | USD 78.9 million |
| Market revenue in 2030 | USD 569.8 million |
| Growth rate | 24.6% (CAGR from 2021 to 2030) |
| Largest segment | Oncology |
| Fastest growing segment | CVD |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oncology, CVD, Neurological Diseases or conditions, Metabolic diseases, Infectious diseases |
| Key market players worldwide | The Carlyle Group Inc, Mendel.ai, Median Technologies, SAI.TECH Global Corp, Alphabet Inc Class A, Exscientia PLC ADR |
Other key industry trends
- In terms of revenue, Germany accounted for 6.0% of the global ai-based clinical trials solution provider market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK ai-based clinical trials solution provider market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 449.7 million by 2030.
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AI-based Clinical Trials Solution Provider Market Scope
AI-based Clinical Trials Solution Provider Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany ai-based clinical trials solution provider market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai-based clinical trials solution provider market will help companies and investors design strategic landscapes.
Oncology was the largest segment with a revenue share of 23.19% in 2021. Horizon Databook has segmented the Germany ai-based clinical trials solution provider market based on oncology, cvd, neurological diseases or conditions, metabolic diseases, infectious diseases covering the revenue growth of each sub-segment from 2018 to 2030.
Germany has proven to be an attractive site for outsourcing clinical trials owing to availability of advanced medical expertise and easy access to patients. Low rate of saturation of competing trials and large population are promoting outsourcing.
This has increased development of technologically advanced solutions by local players, to increase adoption of such solutions for better clinical trial outsourcing and timely results with patient comfort. In addition, collaborations of large pharmaceutical companies as well as establishment of network in the country through resident companies are further anticipated to boost market growth.
It is a resident company of Johnson & Johnson Innovation. Thus, the penetration of technologically advanced solutions is expected to increase for better clinical trials. However, patient recruitment segment in Germany is still at an initial stage, as people are reluctant to participate in trials due to high sensitivity.
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Target buyers of Germany ai-based clinical trials solution provider market databook
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Our clientele includes a mix of ai-based clinical trials solution provider market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany ai-based clinical trials solution provider market, including forecasts for subscribers. This country databook contains high-level insights into Germany ai-based clinical trials solution provider market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany artificial intelligence based clinical trials solution provider market size, by therapeutic applications, 2018-2030 (US$M)
Germany AI-based Clinical Trials Solution Provider Market Share, 2021 & 2030 (US$M)
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