Clinical Trial Management System (CTMS) is a software system used by biotechnology and pharmaceutical industries to manage clinical trials in clinical research. The system maintains and manages planning, performing and reporting functions, along with participant contact information, tracking deadlines and milestones.
Scope of the Report:This report studies the Clinical Trial Management Systems (CTMS) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Clinical Trial Management Systems (CTMS) market by product type and applications/end industries.
North America led the global market in 2017 and accounted for around 51% of the overall market. This growth was attributed to the availability of favorable regulatory policies and higher investments by the pharma companies. Asia Pacific is expected to be the fastest-growing region during the forecast period Due to increasing costs and time spent on clinical trials and outsourcing of clinical trials in the region. Asian countries offer a less expensive and less time-consuming process for clinical trials, thereby boosting the CTMS market in the region.
The global Clinical Trial Management Systems (CTMS) market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Clinical Trial Management Systems (CTMS).
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Oracle Corporation
Merge Healthcare Incorporated
Medidata Solutions
PAREXEL International Corporation
BioClinica
MedNet Solutions
Bio-Optronics
DSG
Forte Research Systems
ERT
DATATRAK International
VEEVA SYSTEMS
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Enterprise CTMS
Site CTMS
Market Segment by Applications, can be divided into Pharmaceutical and Biopharmaceutical Companies
Contract Research Organizations
Medical Device Companies
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
