Patient recruitment and retention services market is projected to grow at an annualized rate of ~5%,

Roots Analysis has done a detailed study on Patient Recruitment and Retention Services Marker, 2019-2030.”, covering key aspects of the industry’s evolution and identifying potential future growth opportunities.

Key Market Insights

Presently, close to 140 companies claim to be actively engaged in offering patient recruitment / retention services to the pharmaceutical and medical devices industries, employing a variety of outreach methods and solutions
The market landscape is fragmented and distributed across various geographies; the growing need for specialized / niche study populations and cost saving options have made offshoring a popular trend
Majority of the services providers are based in developed regions; the market is characterized by the presence of both established players and small-sized companies / new entrants
Companies involved in this domain are steadily expanding their capabilities in order to enhance their respective service portfolios and comply to evolving industry benchmarks
The growing trend of outsourcing patient-recruitment-related activities is evident from the rise in partnership activity in the recent past and from the opinions expressed by eminent stakeholders in the industry
Several growth opportunities, driven by increasing volume of clinical trials, exist; some of these focus specially on the development of therapies for rare and complex indications
We expect the patient recruitment market for the services providers to increase steadily and grow by over 5% in the coming years