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Clinical Trial Imaging Market Size
Clinical Trial Imaging Market size was around USD 1.1 billion in 2022 and is expected to reach USD 2.4 billion by 2032 due to the increasing demand for novel products to treat chronic disorders. upsurge in R&D investment and activities, increasing number of clinical trials. For instance, according to ClinicalTrials.gov 2023, there are 452,604 clinical trials registered worldwide, with 64,838 actively recruiting participants. This marks a substantial increase from the approximately 365,000 trials recorded in 2021.
Clinical trial imaging is the process of using advanced medical imaging techniques, such as MRI, CT scans, PET scans, and X-rays, to evaluate the effectiveness and safety of new medical treatments, drugs, or medical devices. It involves the acquisition, analysis, and interpretation of medical images to assess the impact of a treatment on a patient's condition. Clinical trial imaging is crucial in drug development, allowing researchers to visualize disease progression, treatment responses, and potential side effects, aiding in the development of new healthcare solutions.
Clinical Trial Imaging Market Report Attributes
| Report Attribute |
Details |
| Base Year: | 2022 |
|---|
| Clinical Trial Imaging Market Size in 2022: | USD 1.1 Billion |
|---|
| Forecast Period: | 2023 to 2032 |
|---|
| Forecast Period 2023 to 2032 CAGR: | 7.9% |
|---|
| 2032 Value Projection: | USD 2.4 Billion |
|---|
| Historical Data for: | 2018 to 2022 |
|---|
| No. of Pages: | 170 |
|---|
| Tables, Charts & Figures: | 290 |
| Segments covered: | Service, Imaging technique Therapeutic areas, End user, & Region |
|---|
| Growth Drivers: | - Growing number of clinical studies
- Increasing number of contract research organizations (CROS)
- Rise in R&D expenditure
|
|---|
| Pitfalls & Challenges: | - Clinical study expenses
- High cost associated with the imaging techniques and potential exposure to radiation
|
|---|
