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Press releaseGlobeNewswire· March 2, 2026

AI in Clinical Trials Market Research 2026: Market to Reach $18.62 Billion by 2040 with IQVIA, Medidata, IBM Watson, Oracle, and Phesi Leading Through Integrated Data and Patient Matching Platforms

View original at globenewswire.com
AI in Clinical Trials Market Research 2026: Market to Reach $18.62 Billion by 2040 with IQVIA, Medidata, IBM Watson, Oracle, and Phesi Leading Through Integrated Data and Patient Matching Platforms Dublin, March 02, 2026 (GLOBE NEWSWIRE) -- The "AI in Clinical Trials Market, till 2040: Distribution by Trial Phase, Targ…
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What we drew from this source

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  • Clinical trials consume roughly 50-70% of drug development timeline and budget

    80% confidence
  • Asia-Pacific currently captures a significant share of the AI in clinical trials market due to massive, diverse patient population and cost-effective operations

    80% confidence
  • Many clinical trials fail due to design flaws, recruitment issues, stratification errors, and high dropout rates

    80% confidence
  • Oncological disorders currently capture majority share of the AI in clinical trials market due to high volume and complexity of cancer trials

    80% confidence
  • Developing novel therapeutic interventions typically spans about 10-15 years

    80% confidence
  • Generative AI can potentially cut drug development time by 50% and costs by 25%

    80% confidence
  • The global artificial intelligence in clinical trials market size is estimated to grow from USD 2.09 billion in 2026 to USD 18.62 billion by 2040, at a CAGR of 17.0%

    80% confidence
  • Digital twins enable smaller clinical trials with higher statistical power by simulating individual patient responses

    80% confidence

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What we know · the intelligence behind this page
Live from the substrate
What we're seeing
AI-Driven Drug Development Meets Biotech Deal-Making and Regulatory Catalysts
AI-designed therapeutics (Insilico's rentosertib showing biological-age reductions) are moving into the clinical mainstream. Large-cap biotech is simultaneously reallocating capital through M&A (Lilly–Merida, $2.9B) and government funding (BARDA–Basilea), while trial failures (ziltivekimab, a 9.4% Novo Nordisk share drop) and upcoming FDA catalysts (the ivonescimab PDUFA on 2026-11-14) drive volatility. The wider AI regulatory and legal climate (Tesla Cybercab probe, xAI's Minnesota loss, OpenAI suits) is tightening, though QAIAx's micro-cap trial claims are speculative and weakly connected.
Our read on the data ›
Signals we're tracking
Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
Patterns we're watching ›
Where sources disagree
ING Group
Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
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