Discover the top 5 digital health innovations in clinical research and understand the challenges that lead to a low success rate of only 20% in clinical trials.
The rise of digital health innovations in the conduct of clinical research has opened doors to new solutions, methods and techniques that can both increase operational efficiency and trial effectiveness. While all these sound promising, the fact is that only 20% of those trials are successful. This article particularly discusses the top five digital health innovations that are transforming clinical research and provides insight into why we have such a low success rate.
Regulatory Challenges
Navigating the regulatory environment remains a significant obstacle. The approval processes for new trial methodologies as well as technologies must go through strict regulatory requirements before these can be implemented leading to delay in the start and continuity of trials.
Data Privacy Concerns
Protecting patient information from unauthorized access is the top concern. Digital technologies pose data breach risks and it gets even harder to stay compliant with data protection regulations such as GDPR and HIPAA.
Technological Integration
This can be challenging and expensive to do for existing infrastructure with new technology. An essential step in the success of digital health is configuring systems to be compatible and permit cross-functional data sharing.
Recruitment and Retention of Patients
Getting participants to join and stay in studies is still a major obstacle. While there have been advancements in patient recruitment technology, identifying suitable patients and maintaining their involvement in the trial is a challenging process.
Financial Constraints
To begin with, these digital health technologies have enormous barriers to entry when it comes to cost. Obtaining funding for these innovations and proving the investment to stakeholders is challenging.
Conclusion
Breakthroughs in digital health are redefining how we conduct clinical trials with new tools that show great potential in increasing trial efficiency leading to improved results. Nevertheless, clinical trial success rates still remain low due to certain roadblocks. Using the knowledge and advice of BioBoston consulting firm will also help to steer the efficiency in a more favorable direction so it would not be left to the odds.
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