UAE Ai-based Clinical Trials Solution Provider Market Size & Outlook
UAE ai-based clinical trials solution provider market, 2018-2030 (US$M)
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UAE ai-based clinical trials solution provider market highlights
- The UAE ai-based clinical trials solution provider market generated a revenue of USD 6.0 million in 2021 and is expected to reach USD 47.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 25.9% 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 6.0 million |
| Market revenue in 2030 | USD 47.6 million |
| Growth rate | 25.9% (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, UAE accounted for 0.5% 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 Middle East & Africa, South Africa ai-based clinical trials solution provider market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 47.6 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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UAE 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 23.33% in 2021. Horizon Databook has segmented the UAE 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.
In the UAE, the clinical research sector is performing well, with many pharmaceutical companies investing in studies. Phase three and phase four studies are most common in the UAE along with observational studies.
The regulatory scenario in the country is favorable for clinical studies. The Health Authority Abu Dhabi (HAAD) medical research sections promote world-class research that improves health & quality of life while ensuring ethical conduct of research & protection of human subjects.
These factors are expected to boost the market growth. These factors are further supporting growth and adoption of AIbased solutions for enhanced clinical research, timely results, and reduction in overall clinical trials cost.
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Target buyers of UAE 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 UAE ai-based clinical trials solution provider market, including forecasts for subscribers. This country databook contains high-level insights into UAE ai-based clinical trials solution provider market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE artificial intelligence based clinical trials solution provider market size, by therapeutic applications, 2018-2030 (US$M)
UAE AI-based Clinical Trials Solution Provider Market Share, 2021 & 2030 (US$M)
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