Market Momentum
The global clinical trial and CRO services market continues strong growth, driven by ongoing R&D investments and increasing trial complexity. Forecasts suggest CRO services could grow to nearly $126 B by 2030 with double-digit adoption of decentralized and patient-centric trials fueling demand.
🧪 Industry Highlights
• Decentralized and AI-Driven Trials:
CROs are increasingly adopting AI and digital platforms to improve patient recruitment, optimize site selection, and accelerate trial timelines. Embedded AI capabilities are now moving from experimental to operational tools across many studies.
• Pharmacovigilance Enhancements:
QPS Holdings recently deployed the Oracle Argus Safety Database to strengthen pharmacovigilance operations across clinical programs - signaling a broader push for robust safety monitoring.
• Global Growth and Regional Expansion:
Infectious disease trials are expanding worldwide, with the Asia-Pacific region leading in volume and growth. CRO outsourcing remains a preferred model for sponsors seeking specialized capabilities across therapeutic areas.
• Recognition and Excellence:
Leading CROs like Parexel and Novotech received industry awards for clinical trial excellence and global operations, underlying continued innovation and service quality in the sector.
📊 Trends to Watch in 2026
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Participant Experience and Engagement: Designing trials around patient journeys to boost retention and data fidelity.
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Site Readiness and Operational Efficiency: Focusing on site performance and reducing delays across global trial networks.
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Tech-Powered Execution: AI, machine learning, and data analytics are reshaping trial design, monitoring, and outcomes forecasting.
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