{"id":11353,"date":"2021-05-16T23:38:16","date_gmt":"2021-05-17T06:38:16","guid":{"rendered":"https:\/\/www.cloudbyz.com\/blog\/?p=11353"},"modified":"2023-06-06T12:20:56","modified_gmt":"2023-06-06T19:20:56","slug":"virtual-clinical-trial","status":"publish","type":"post","link":"https:\/\/www.cloudbyz.com\/resources\/patient-recruitment\/virtual-clinical-trial\/","title":{"rendered":"What is a Virtual Clinical Trial and How Does it Benefit the Clinical Trial Industry (2021)"},"content":{"rendered":"\t\t
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Introduction:<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A virtual clinical trial (also known as remote or decentralized clinical trials) in the definition refers to digitally empowered clinical trial processes.\u00a0 This is a relatively new model of clinical trials in terms of adoption and is, therefore, the highly underutilized method of conducting clinical research.\u00a0\u00a0<\/span><\/p>

However, <\/span>virtual clinical trials have the potential to drive significant digital alterations in clinical research methodologies to create an improved patient-centric ecosystem.<\/span><\/a> These solutions accommodate innumerable benefits of technology, advanced applications, electronic devices, online social engagement platforms, artificial intelligence, robotic process automation, machine learning, among others.\u00a0<\/span><\/p>

Undoubtedly, virtual clinical trials leverage the power of tele-health\/digital technology by including virtual patient monitoring, wearable medical devices, remote SDV, etc. to conduct safe and improved clinical trial research. These virtual trials are patient-centric, cost-effective, and easy to manage.\u00a0<\/span><\/p>

In terms of market size, the global virtual clinical trial market is estimated to reach US$13.78 bn by 2027, registering a CAGR% of 12.6% for the period 2020-2027 (Source: <\/b>Polaris Market Research). The growth is driven by the adoption of tele-health, the need for a diverse patient base, solutions <\/b>for\u00a0 to overcome <\/b>\u00a0to overcome <\/b>time and cost-consuming traditional clinical trial methods, among others.<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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How is Virtual\/Decentralized Clinical Trial Different From the Conventional Trial Process?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Clinical trial research companies believe the use of patient-facing technology helps in widening the pool of trial participants\/volunteers, extended patient retention, better data quality, and a holistic patient-centric experience.\u00a0<\/span><\/p>

It is also believed that virtual clinical trial solutions can significantly improve site staff recruitment, patient recruitment campaigns, safety monitoring, patient education, pre-screening, and data verifications.<\/span><\/p>

In terms of key benefits, cost efficiency is significant with virtual clinical trials and is expected to have a positive impact on the bottom line figures of the pharmaceutical companies. Implementation of these decentralized and remote solutions also enables better time-to-market for new drugs by reducing the overall time period of the clinical trial lifecycle. It also derives benefits through reduced enrollment periods, faster study initiations, lowered patient dropouts, and improved data collection features.\u00a0<\/span><\/p>

In several cases, it is reported that the overall cost of conducting virtual clinical trials is lower than the conventional clinical trial methods due to remote visit set-ups.\u00a0 This in turn offers capital savings due to reduced number of operational clinical sites. Further cost-benefit is extracted from reduced patient travel reimbursements.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Comparative Analysis: Traditional and Virtual Clinical Trial Process\u00a0<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Traditional Clinical Trial<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Virtual Clinical Trial<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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(Source:\u00a0MDPI Report<\/a>)<\/em><\/h6>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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What are the Technical Capabilities Offered Under the Virtual Clinical Trial Portfolio?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Clinical trial solution providers offer a range of decentralized solutions to cater to different trial requirements across the trial lifecycle. With the help of digitalization and technological advancements, virtual clinical trials have evolved significantly in the last few years. Following are some of the technological capabilities currently employed under decentralized clinical trials:<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Following are some of the technological capabilities currently employed under decentralized clinical trials:<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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  1. Easy to Use, Locked-Down Tablet HUB, IVR or BYOD<\/span><\/li>
  2. Program-Centric Bluetooth Peripherals to be used by patients and investigators<\/span><\/li>
  3. Live video conferencing with Patients\/Providers for immediate query solving<\/span><\/li>
  4. Daily vital captures from mobile phones\/ medical wearable devices and self-reported outcomes<\/span><\/li>
  5. Actionable data and threshold monitoring<\/span><\/li>
  6. Electronic visit verification<\/span><\/li>
  7. EMR integration<\/span><\/li>
  8. ERP Integration<\/span><\/li>
  9. Gateway and sensor development<\/span><\/li>
  10. SFTP and ETL services<\/span><\/li>
  11. Cellular, Wi-Fi, or POTS connectivity<\/span><\/li>
  12. HL7 enrolment\/workflow<\/span><\/li>
  13. Artificial intelligence for appointment scheduling<\/span><\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    What are the Benefits of Virtual Clinical Trial Solutions\/ Decentralized Clinical Trial Solutions?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Virtual trials offer a plethora of benefits f<\/span><\/a>or CROs, sponsors, sites, and every stakeholder involved in the study trial. The benefits can be grouped into two segments:<\/span><\/div>
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    Patient-Centric Care Delivery:<\/b><\/div>