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Clinical Trial Management System Market Analysis, Size, Share, Forecast, Growth Projection, Company Profiles, Top Trends and Key Insights to 2022

Clinical Trial Management System Market
Clinical Trial Management System Market

Clinical trial management market 2022 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast. Clinical trial management market report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-user industry.

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Top players in clinical trial management market are Oracle (US), Medidata Solutions (US), PAREXEL (US), Bioclinica (US), Bio-Optronics (US), & IBM (US). Clinical trial management system market research study involves extensive use of secondary sources, directories, & databases (like Dun & Bradstreet, Bloomberg Business, & Factiva), to identify and collect information useful for this technical, market-oriented, & financial study of market.

Clinical Trial Management Systems Market, By Delivery Mode

Introduction

Web-Based (Hosted) CTMS

Licensed Enterprise (On Premise) CTMS

Cloud-Based (SaaS) CTMS

Clinical Trial Management System Market, By End User

Introduction

Pharmaceutical and Biopharmaceutical Companies

Large Pharmaceutical Companies

Mid-Small Pharmaceutical Companies

Contract Research Organizations

Medical Device Companies

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Clinical trial management system market is projected to reach USD 1,065.6 million by 2022 from USD 590 Million in 2017, at a CAGR of 12.6%. Major factors driving growth of CTMS market include the increasing partnerships between biopharma companies and CROs, rising number of ongoing clinical trials, rising government funding & grants to support clinical trials, availability of advanced CTMS solutions, and growing customer base for CTMS solutions.

Key Target Audience:

Healthcare IT service providers

Pharmaceutical/biopharmaceutical companies

Clinical research organizations

Research and development (R&D) companies

Medical device companies

Business research and consulting service providers

Academic medical centers/universities/hospitals

Global clinical trial management system market is segmented into web-based (on-demand), licensed enterprise (on premise), and cloud-based (SaaS) segments. Cloud-based (SaaS) segment is estimated to witness highest growth during forecast period, primarily due to rising adoption of cloud-based solutions in medical research studies owing to various benefits offered by them like low cost, high security, privacy, & easy accessibility from any device.

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Analysis-industry trends, clinical trial management system market ranking of top players, & company profiles, which together form basic views & analyze competitive landscape, emerging segments of CTMS market, & high-growth regions & drivers, restraints, challenges, & opportunities. Report will help both established firms & new entrants/smaller firms to gauge pulse of market & greater market shares.

Objectives of the study are:

To define, describe, segment, & forecast clinical trial management systems market by type, delivery mode, component, end user, & region.

To provide detailed information regarding major factors influencing growth of global CTMS market (drivers, restraints, opportunities, & challenges).

To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market.

To analyze the growth opportunities in market for stakeholders and provide details of the competitive landscape for market leaders.

To forecast the market value of market segments with respect to the four key regions, namely, North America (US, and Canada), Europe (Germany, UK, France and RoE), Asia Pacific (China, Japan, India and RoAPAC), and the Rest of the World.

To profile the key players in the global CTMS market and comprehensively analyze their market rank and core competencies2.

To track and analyze competitive developments such as product launches and enhancements; partnerships, agreements, and collaborations; mergers and acquisitions; and expansions in the global clinical trial management system market.