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Clinical Trial Imaging Services Procurement Intelligence: Trends to Watch

The clinical trial imaging services category is anticipated to grow at a CAGR of 8.05% from 2023 to 2030. North America holds the largest category share at about 41%.The rising number of Contract Research Organizations (CROs) along with biotechnology and pharmaceutical companies, the increasing presence of chronic health diseases among the population, the development of innovative imaging techniques, and rising R&D investment to develop new drugs and therapies are some of the key factors driving the growth. There are several key trends emerging in the category and some of them include the integration of artificial intelligence, betterment in data management & analysis, virtual imaging, and trials. For example: • In January 2023 , ICON plc, a leading provider of clinical trial services, announced the launch of a new imaging platform that enables real-time monitoring and analysis of imaging data in clinical trials • In February 2023 , PAREXEL International Corporation, a lea...