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Global Clinical Trial Management System Market - By Service (Software, Service), By Application (Pharmaceutical, Biotechnology, Medical Device Companies, Others) - Trends and Forecast to 2030
Type: PDF
Status: Syndicate
Categories: Biotechnology
Report Code : BT23
No. of Pages : 150
Clinical trial management system (CTMS) assists in the maintaining and managing of the huge and highly compound data extracted from clinical trials. The system also tracks the clinical trial happening in various parts of the world and the data can be analyzed frequently through multiple regressions, simulation and other models. Moreover, the use of CTMS helps optimize time management and improve the connectivity and minimize the communication gap among the researchers and their investors.
The global clinical trial management system market in 2023 was approximately USD 810 million. The market is expected to grow at a CAGR of 14.5% and is anticipated to reach around USD 1500 million by 2030. The key driving factors for the market growth are increase in the trend of outsourcing of clinical trials and the increase in the number of clinical trials due to the huge demand for new therapeutic drugs and medical devices.
Furthermore, the growing prevalence of chronic diseases and increase in awareness about the benefits of using CTM can boost the market growth. However, high cost related to CTM and dearth of skilled professionals is projected to limit the market growth.
The market for clinical trial management system (CTMS) is intensely competitive and is highly fragmented. The vendors in the biodegradable mulch film market compete based on product portfolio, product differentiation, applications, and the pricing of products.
The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their product. Key players in the market are IBM, MedNet Solutions Inc., ArisGlobal, Bioclinica, Parexel International Corporation, Oracle, Bio-Optronics Inc., ERT Clinical, Medidata Solutions Inc. and DATATRAK International Inc.
Report Code
BT23
Single User
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35+ Countries
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1. Client will get one updated report for a year.
2. Quarterly Industry Update for 1 Year.
3. One research analyst will allocate to you.
4. Query will be resolved within 36 hours.
24*7 Research Support.
Corporate User
US$ 7000*** Benefits ***
1. 25% Free customization
2. Excel Data Sheet
3. Two Countries can add as per your choice
4. Two Company can add as per your choice
5. 35+ Countries
*** Services ***
1. Client will get one updated report for a year.
2. Quarterly Industry Update for 1 Year.
3. One research analyst will allocate to you.
4. Query will be resolved within 36 hours.
5. 24*7 Research Support.
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