Consentra: Patient-Centric Digital Consent & Info Sharing for Clinical Trials
Business Overview
Overview
Clinical research is often hampered by complex, outdated consent processes and fragmented information sharing between stakeholders. Consentra addresses this challenge with an innovative SaaS platform tailored to patients and research sponsors, allowing dynamic management of digital consent, personal health records, and communications—all in one ecosystem.
Key Features
Consentra’s integrated features ensure both efficiency and regulatory compliance:
- • Secure blockchain-backed patient identity and consent management
• Simple, patient-facing dashboards for permission review and sharing
• AI-powered translation and comprehension tools for broad accessibility
• Encrypted messaging and event updates for participants and researchers
User Experience
Patients access Consentra via web or mobile, review clear, jargon-free information about clinical studies, digitally provide and revoke consent, and track which organizations have access to their data.
Research sponsors and healthcare providers can automate outreach, consent tracking, and data integration, while maintaining patient trust and transparency.
Market Opportunity
Global clinical trial enrollment and compliance costs exceed $40B annually, with increasing demand for decentralized, patient-managed processes. Consentra’s solution addresses strict regulatory needs (such as HIPAA and GDPR) and growing patient advocacy, positioning it as essential tech for CROs, hospitals, and pharma.
Market Analysis
The clinical trials market is experiencing rapid digital transformation, with sponsors, regulators, and patients seeking digital-first approaches to consent and data sharing. Governments and pharma companies are increasingly mandating transparent, auditable, and patient-empowered processes. Consentra targets a burgeoning market of over 400,000 global trials annually, with high budget allocation for recruitment and compliance.
Competitor Landscape
Most current platforms focus on electronic data capture for researchers, often neglecting patient empowerment and consent usability. Competitors include legacy electronic consent providers and new blockchain health identity ventures. However, few integrate AI-driven accessibility, multilingual support, and real-time access control at the patient level.
Adoption Potential
Hospitals, contract research organizations, and pharma companies are seeking solutions for decentralized trials and cross-border studies. Consentra offers scalable, compliant integrations for healthcare and research systems, making widespread adoption feasible—especially as patient rights and data laws tighten globally.
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