Showing posts with label Healthcare Outsourcing. Show all posts
Showing posts with label Healthcare Outsourcing. Show all posts

Monday, May 22, 2023

Healthcare Outsourcing Industry—an Exposition of Top 10 Trends Reshaping the Global Dynamics

The rising applications of CROs, including augmented reality (AR), virtual reality (VR) and mixed reality (MR) have fueled the demand for healthcare outsourcing. The adoption of ML and AI has become pronounced in the wake of increasing scrutiny to adhere to regulatory compliance of healthcare products. For instance, AI can propel transparency with accurate results and enhance the efficiency and pace of product development. Since AI is less prone to human error, it enables better quality control to bolster decision-making. 

An uptick in the number of decentralized clinical trials (DCTs) in 2021 leveraged forward-looking companies to penetrate the pharmaceutical industry. The number of DCTs was forecast to be pegged at 1300 trials by 2022-end. 

The report will offer a bird’s eye view of qualitative development/s in the healthcare outsourcing landscape. The final report, coupled with the database, will offer insights into the following dynamics:

Capacity expansion in niche markets; decoupling of service offerings; rise in safety assessment; and extended reality.

Diversifying geographical footprints and mergers & acquisitions. In 2021, over 132 M&As were completed.

The expanding footprint of personalized medication, genomics and biosimilars.

IoT implementation and innovations.

Get your copy or request for a free sample of the report “Healthcare Outsourcing Industry - Analysis of Top 10 Trends,” compiled and published by Grand View Research. 

Healthcare Outsourcing Industry Report Scope

Attribute

Details

Divestiture/Consolidation

Activities

  • List of mergers, by CROs/CMOs
  • List of acquisitions, by CROs/CMOs
  • List of divestitures, by CROs/CMOs
  • List of partnerships, by CROs/CMOs

Innovation

  • New product launches, by Industry
  • Introduction of generics (for pharmaceutical drugs only)

Globalization

  • Analysis of level of globalization
  • Regional presence of top 50 CROs & CMOs
  • Political pacts/policies impacting international business

Virtual Augmentation

  • Virtualization in R&D
  • Virtualization in Business operations implementation

Service Portfolio Modification

  • Study of the business organization restructurings
    • Owing to M&A activities
    • Owing to modernization/revolution

Capacity Expansion in Niche Markets

  • Analysis of current demand and supply
  • Focused capacity expansions from 2020 till 2023

Related Reports:


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Grand View Research, Inc. is a market research and consulting comp    make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights.

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