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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…
Opening lines of the source · GlobeNewswire · short snapshot — read the full document at the original

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're seeing
Pharma Pipeline Catalysts and M&A Heat Up as AI-Designed Drugs Enter the Clinic
Late-September 2026 brought a dense run of clinical readouts: Novo Nordisk's CagriSema data at EASD, Lilly's ADtouch results for EBGLYSS, and Merck's tulisokibart Phase 2b result. Lilly's $2.9B Merida Biosciences acquisition and the 2026-11-14 FDA PDUFA date for ivonescimab sit alongside these as the main deal and regulatory events. AI-designed drugs such as rentosertib, and speculative AI-linked trial ventures such as QAIAx, are moving from hype toward clinical validation. Broader AI-sector regulatory and legal friction (Tesla Cybercab probe, xAI Minnesota ruling, OpenAI lawsuits) shows rising scrutiny that could spill into AI-driven healthcare.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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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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