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Decentralized Clinical Trial Products PEAK Matrix® Assessment 2021

Decentralized Clinical Trials (DCTs), in which clinical trial data is collected through sensors or remote monitoring devices carried by a patient without the need to visit a site, can deliver many benefits to pharmaceutical companies, including cost savings, better patient recruitment and retention, and improved data quality. Before the COVID-19 pandemic, there was significant information on DCT benefits but only a few pilots, as enterprises grappled with regulatory uncertainties, upfront capital investment in sensors and products, and limited functionalities to decentralize clinical trials. In recent times, DCTs have proved to be a saving grace to restart paused clinical trials. Additionally, recent technological advances, the proliferation of wearables, and FDA’s push to the industry to adopt DCTs following the COVID-19 situation have made the DCT landscape ripe for disruption.

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