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SAN FRANCISCO, April 13, 2021 /PRNewswire/ The global virtual clinical trials market size is expected
to reach USD 11.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected
to expand at a CAGR of 5.7% from 2021 to 2028. The need for patient diversity clubbed with enhanced data collection in clinical trials is boosting virtual/decentralized clinical trials (DCTs) market growth.
Key suggestions from the report:
The oncology segment held 25.0% of the market share in 2020. The increasing adoption of virtual trials especially in oncology research for the diverse population is responsible for the growth of the segment