According the report, Rising research and development to deliver advanced healthcare infrastructure is one of the primary growth factors for the market. Increasing prevalence of diseases and high demand for clinical trials is also expected to contribute significantly to the Virtual Clinical Trials market. Overall, Oncology applications of Virtual Clinical Trials, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Virtual Clinical Trials market identified that the demand is rising in many different parts of the world as "Increasing per capita income and government actions that are beneficial ". Furthermore, some recent industry insights like "In March 2020 -Medable has developed a new TeleVisit mobile application that can be used by patients worldwide to connect virtually with their clinical trial sites. The application makes it possible for clinical trial research to progress in an environment where many patients are being told to stay home and avoid social interaction." is constantly making the industry dynamic. One of the challenges that industry facing is "Some patients may not be comfortable wearing wearables or utilizing other gadgets all day in the case of continuous monitoring"

The Design, such as Interventional, is boosting the Virtual Clinical Trials market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Virtual Clinical Trials market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Virtual Clinical Trials market and other related sub-markets covered in the study.

o Key & emerging players in the Virtual Clinical Trials market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Virtual Clinical Trials market size is calculated using market estimation process, the Virtual Clinical Trials market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Virtual Clinical Trials market size has been validated using both top-down and bottom-up approaches.