Italy Ai-based Clinical Trials Solution Provider Market Size & Outlook
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Italy ai-based clinical trials solution provider market highlights
- The Italy ai-based clinical trials solution provider market generated a revenue of USD 17.7 million in 2021 and is expected to reach USD 121.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 23.8% 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 17.7 million |
| Market revenue in 2030 | USD 121.1 million |
| Growth rate | 23.8% (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, Italy accounted for 1.3% 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 |
|---|---|---|---|---|
| Median Technologies | View profile | 101-250 | Valbonne, Provence-Alpes-Cote d'Azur, France, Europe | http://www.mediantechnologies.com |
| SAI.TECH Global Corp | View profile | 37 | 195 Pearl’s Hill Terrace, Number 01-05, Singapore, Singapore, 168976 | https://www.sai.tech |
| Exscientia PLC ADR | View profile | 483 | Oxford Science Park, The Schrodinger Building, Oxford, United Kingdom, OX4 4GE | https://www.exscientia.ai |
| The Carlyle Group Inc | View profile | 2200 | 1001 Pennsylvania Avenue, NW, Washington, DC, United States, 20004-2505 | https://www.carlyle.com |
| Mendel.ai | View profile | 101-250 | San Jose, California, United States, North America | https://mendel.ai/ |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
Italy 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 23.16% in 2021. Horizon Databook has segmented the Italy 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.
Italy contributed to around 5% of global AI-based clinical trials solution providers market in 2020. In Italy, clinical trials conducted are frequently funded by pharmaceutical companies acting as trial sponsors. However, studies initiated by investors are quite common in the country.
In such cases, biotechnology and pharmaceutical firms can provide financial support. In addition, rising utilization of technologically advanced solutions in clinical trials by pharmaceutical companies is fueling market growth in the country.
Italy has been working toward becoming a major player in technologically advanced clinical studies owing to the growing adoption of advanced technological solutions in research institutions & hospitals present in the country.
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Target buyers of Italy 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 Italy ai-based clinical trials solution provider market, including forecasts for subscribers. This country databook contains high-level insights into Italy ai-based clinical trials solution provider market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy artificial intelligence based clinical trials solution provider market size, by therapeutic applications, 2018-2030 (US$M)
Italy AI-based Clinical Trials Solution Provider Market Share, 2021 & 2030 (US$M)
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