Al in Clinical Trials Market Size Worth $16.7 Billion by 2033; Rising Trend Towards Personalized Medicine to Bolster Growth [Yahoo! Finance]
IQVIA Holdings, Inc. (IQV)
Last iqvia holdings, inc. earnings: 4/28 07:00 am
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Source: Yahoo! Finance
The increasing demand to reduce clinical trials costs with the help of AI drives the market's growth. North America emerged as the largest global Al in clinical trials market, with a 43% market revenue share in 2023. Newark, April 11, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 1.9 billion Al in clinical trials market will reach USD 16.7 billion by 2033. In addition to enhancing clinical trials, artificial intelligence can diagnose illnesses, offer medical services, and even create novel remedies. AI is far more efficient in scale and speed than any system that relies on human activity. This will likely be the largest issue in the future because AI is still too primitive to function independently. AI provides secure data sharing and analysis environments, facilitating collaboration between academics and businesses. The need for safety and data protection creates a growth factor for artificial intelligence in the clinical trials sector. AI divides patients int
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IQV
News
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IQV
Earnings
- 2/14/24 - Beat
IQV
Sec Filings
- 4/17/24 - Form 8-K
- 3/4/24 - Form 4
- 3/4/24 - Form 4
- IQV's page on the SEC website