GROWTH OF CLINICAL TRIALS
Over the past 12 years the number of clinical trials has increased exponentially!
ClinicalTrials.gov currently lists 452,432 studies with locations in all 50 States and in 221 countries.
(as of May 2023 — and it goes up daily!)
All clinical trials are required to register with the government at www.clinicaltrials.gov. This graph demonstrates the impressive growth in the industry.
The pace of innovation in the fields of data management (big data), artificial intelligence, and biotechnology are accelerating the discovery of new treatments. Every new drug, device or treatment must go through a clinical trial and as a result, the volume of trials continue to increase. This exciting industry is experiencing a renaissance and medicine is changing at a rapid pace, driving industry growth and providing new job opportunities.