Clinical Trial Patient Recruitment Services Market was Estimated at USD 922.75 Million, and its anticipated to Reach USD 1165.31 Million in 2031, with a CAGR of 8.09% During the Forecast Years.
Clinical Trial Patient Recruitment Services Market OVERVIEW
MARKET RECOVERY AFTER COVID-19
Clinical Trial Patient Recruitment Services MARKET SEGMENTATION
- Screening and evaluation
- Recruitment and enrollment
- Retention and follow-up
- Data management and analysis
- Cardiovascular disease
- Respiratory disease
- Neurological disorders
- North America
- Latin America
- Middle East and Africa
MARKET REGIONAL INSIGHTS
- Elligo Health Research: Elligo Health Research, headquartered in Boston, Massachusetts, is a leading clinical trial patient recruitment company that offers comprehensive solutions to accelerate patient enrollment and engagement.
- Veristat: Based in Southborough, Massachusetts, Veristat is a globally recognized clinical research organization that delivers expert patient recruitment services to pharmaceutical, biotechnology, and device companies.
- Clariness: Headquartered in San Francisco, California, Clariness is a technology-driven clinical trial recruitment platform that connects patients and researchers to accelerate study enrollment.
- Clara Health: Clara Health, headquartered in San Francisco, California, is a healthcare technology company that offers patient recruitment and engagement solutions to help clinical trials run more efficiently.
- AutoCruitment: AutoCruitment, based in Durham, North Carolina, is a patient recruitment company that utilizes machine learning and artificial intelligence to improve patient matching and study enrollment.
- Praxis: Headquartered in Brighton, United Kingdom, Praxis is a global clinical research organization that offers comprehensive patient recruitment and engagement services.
- Clinical Site Services (CCSi): CCSi, based in Reading, Berkshire, United Kingdom, is a leading provider of clinical trial services, including patient recruitment and engagement solutions.
- BBK Worldwide: With headquarters in Durham, North Carolina, BBK Worldwide is a clinical trial logistics company that provides patient recruitment and engagement services.
- StudyKIK: Headquartered in Boston, Massachusetts, StudyKIK is a digital patient recruitment platform that connects patients with clinical trials.
- WCG ThreeWire: Based in Princeton, New Jersey, WCG ThreeWire is a global clinical trial services company that offers patient recruitment and engagement solutions.
- IQVIA: IQVIA, headquartered in Durham, North Carolina, is a global healthcare data and analytics company that provides patient recruitment and engagement services.
- Antidote: Antidote, based in San Francisco, California, is a technology-driven patient recruitment platform that connects patients with clinical trials.
- SubjectWell: Headquartered in San Francisco, California, SubjectWell is a patient recruitment and engagement company that utilizes artificial intelligence to improve study enrollment.
- Veristat Acquires Velocity Clinical Research: In January 2023, Veristat announced the acquisition of Velocity Clinical Research, a leading patient recruitment and engagement company. This acquisition strengthens Veristat's global reach and enhances its patient recruitment capabilities.
- Elligo Health Research Partners with Patientory: Elligo Health Research partnered with Patientory, a patient engagement platform, to improve patient communication and engagement in clinical trials. This partnership aims to enhance the clinical trial experience and increase patient retention.
- Clara Health Introduces Virtual Clinical Trial Recruitment Platform: In April 2022, Clara Health launched a virtual clinical trial recruitment platform that allows patients to participate in clinical trials remotely. This platform expands access to clinical trials and offers convenience to patients who may face barriers to in-person participation.
- Praxis Collaborates with CTTI to Enhance Patient Engagement: Praxis collaborated with the Clinical Trials Transformation Initiative (CTTI) to develop a set of best practices for patient engagement in clinical trials. This collaboration aims to improve the patient experience and increase the efficiency of clinical research.
- IQVIA Launches Patient Recruitment Optimizer: IQVIA introduced a Patient Recruitment Optimizer tool that uses data and analytics to identify eligible patients and optimize patient matching for clinical trials. This tool improves patient recruitment efficiency and helps reduce study timelines.
- Market Overview: Provides an overview of the clinical trial patient recruitment services market, including market dynamics, drivers, challenges, and opportunities.
- Regional Analysis: Presents a detailed analysis of the clinical trial patient recruitment services market across key regions, including North America, Europe, Asia-Pacific, and the Rest of the World.
- Competitive Landscape: Offers an in-depth analysis of the leading market players, their strategies, and market shares.
- Recent Developments: Covers the latest news, mergers, acquisitions, and partnerships in the clinical trial patient recruitment services market.
- Potential Growth Areas: Identifies emerging trends and opportunities that are expected to drive market growth in the coming years.
- Analytical Tools: Employs comprehensive analytical tools, such as Porter's Five Forces analysis, PESTEL analysis, and SWOT analysis, to provide a thorough understanding of the market dynamics.
- Elligo Health Research: Elligo Elevate: Elligo Elevate is a technology-driven patient recruitment platform that utilizes artificial intelligence and machine learning to identify and engage potential participants for clinical trials. This platform enhances patient matching and accelerates study enrollment.
- Veristat: Veristat Connect: Veristat Connect is a patient engagement platform that offers a centralized hub for patients to access study information, communicate with study coordinators, and complete electronic patient-reported outcomes (ePROs). This platform improves the patient experience and streamlines data collection.
- Clara Health: Clara Engage: Clara Engage is a patient engagement solution that provides personalized patient education and support throughout the clinical trial journey. This platform enhances patient understanding of the study protocol and improves adherence to study procedures.
- Praxis: Praxis Patient Portal: The Praxis Patient Portal is a secure online platform that allows patients to access their clinical trial data, communicate with study coordinators, and view study schedules. This portal enhances patient engagement and improves the overall clinical trial experience.
- IQVIA: IQVIA Patient Recruitment Network: The IQVIA Patient Recruitment Network is a global network of patient advocacy groups, patient registries, and healthcare providers that facilitates patient recruitment for clinical trials. This network expands the reach of clinical trials and improves patient access to research opportunities.
- Market Segmentation: The report segments the market based on services, end-users, therapeutic areas, and regions to provide a detailed analysis of each segment.
- Geographic Analysis: The report examines the clinical trial patient recruitment services market across key regions, including North America, Europe, Asia-Pacific, and the Rest of the World. It provides insights into the market dynamics, growth potential, and competitive landscape in each region.
- Industry Trends: The report identifies emerging trends and challenges shaping the clinical trial patient recruitment services market. It analyzes the impact of technological advancements, regulatory changes, and healthcare trends on the market.
- Company Profiles: The report includes in-depth profiles of leading market players, providing insights into their business strategies, financial performance, and key products and services.
Top Companies Mentioned
Elligo Health Research, Veristat, Clariness, Clara Health, AutoCruitment, Praxis, Clinical Site Services (CCSi), BBK Worldwide, StudyKIK, WCG ThreeWire, IQVIA, Antidote, SubjectWell, MMG, PPD, Worldwide Clinical Trials
By Applications Covered
Child (Birth-17 Years), Adult (18 - 64 Years), Older Adults (65 Years+)
By Type Covered
Phase I, Phase II, Phase III, Phase IV
No. of Pages Covered
Forecast Period Covered
2023 to 2031
Growth Rate Covered
CAGR of 8.09% during the forecast period
Value Projection Covered
USD 1165.31 million by 2031
Historical Data Available for
2017 to 2022
North America, Europe, Asia-Pacific, South America, Middle East, Africa
U.S. ,Canada, Germany,U.K.,France, Japan , China , India, GCC, South Africa , Brazil
It assesses Clinical Trial Patient Recruitment Services Market size, segmentation, competition, and growth opportunities. Through data collection and analysis, it provides valuable insights into customer preferences and demands, allowing businesses to make informed decisions
Reasons to Purchase the Clinical Trial Patient Recruitment Services Market Report:
Market Insights and Trends:
Market reports provide valuable insights into the current state of the market, including trends, growth drivers, and challenges. Understanding these trends can help you anticipate market changes and stay ahead of the competition.
Market reports often include in-depth industry analysis, including market size, market share of key players, and market segmentation. This information is crucial for understanding the competitive landscape and identifying potential opportunities.
Customer Behavior and Preferences:
Market reports often include data on customer behavior, preferences, and buying patterns. This information can help you tailor your products or services to meet customer needs and improve customer satisfaction.
By purchasing a market report, you gain access to valuable competitive intelligence. You can analyze the strategies of key market players, their strengths, weaknesses, and market positioning, which can guide your own business strategies.
Market Forecasts and Projections:
Market reports often include future market forecasts and projections. These predictions can help you make strategic decisions and plan for future growth.
Risk Assessment and Mitigation:
Understanding market risks is crucial for any business. Market reports can help you assess potential risks and develop mitigation strategies to safeguard your business interests.
Investment Decision Support:
If you are an investor, market reports can provide you with comprehensive information about the potential of a market or industry, helping you make well-informed investment decisions.
New Market Opportunities:
Market reports can uncover emerging market opportunities, niche segments, or untapped regions that may offer significant growth potential for your business.
Regulatory and Policy Analysis:
For businesses operating in regulated industries, market reports often provide insights into relevant policies and regulations that can impact your operations.
Market reports serve as a valuable resource for strategic planning. They provide data-driven information that can guide your business decisions and help you set realistic goals.
Market Entry or Expansion:
If you are considering entering a new market or expanding your existing operations, a market report can offer valuable insights to assess the feasibility and potential success of such moves.
Market reports provide objective, data-backed information that supports decision-making across various departments within a company, from marketing to product development and sales.