By Jocelyn Reynolds, Market Research Manager, Industry Standard Research; and Laura McWhinney, Market Research Manager, Industry Standard Research
Clinical technology is a rapidly growing and highly competitive field, where numerous vendors strive to assist sponsors in conducting faster clinical trials and delivering life-saving treatments. Key technologies in this arena include interactive response technology (IRT), clinical trial management systems (CTMS), and electronic data capture (EDC). These technologies constantly face the challenge of adapting to evolving needs in clinical trials, such as supporting decentralized trials (DCTs) and developing next-generation software.
However, just as clinical technology providers leverage market research to enhance their offerings and gain a competitive advantage, sponsors and CROs can also utilize market research to identify suitable partners for their clinical trials, ultimately improving data quality and expediting the trial process.
To gain insights into the experiences of the pharmaceutical industry with clinical technology providers, Industry Standard Research (ISR) conducted four studies to better provide guidance to stakeholders in the field. Based on their findings, the authors share several characteristics experts should consider when selecting an IRT provider, what sponsors are using more than one CTMS solution, the future of EDC, and more in this eBook.