Global Clinical Trial Management System Market Report- CTMS Industry Key Players, Opportunities, Risk Analysis, Porter's Framework, USP Analysis, Share, Trends, Market Segmentation By System Type, By Deployment Type, By Component Type, By End Users & by Region with Forecast 2017-2030

Global Clinical Trial Management System Market Overview

Over the last decade, significant internal and external modifications in the clinical trial environment have motivated a radical evolution in the information systems landscape. Novel and innovative methodologies have emerged in the industry to manage clinical trial information, from centralized data systems to mobile device integration. But as companies’ necessities continue to diversify, it is becoming difficult to discover ‘one size fits all’ solution. Further, biotech research and pharm companies are being approached with technological advancements that can make drastic improvements in efficiency, speed, and accuracy of clinical trials which is expected to propel the growth of clinical trial management system market. Further, technology is also being made available at a desperate pace, with major players such as Apple, Google, Amazon, and mobile providers, making public efforts to apply their capabilities to clinical research and healthcare. Moreover, big data analytics is also helping research organization in augmenting the efficiency of clinical trials.

Goldstein Research analyst forecast global CTMS market is likely to thrive with the emergence of new technologies and surge in digitalization of medical procedures and demand for analytic solutions. Further, the Clinical Trial Management System market is expected to expand at a CAGR of 12.6% over the forecast period (2017-2030) and the major growth regions are likely to be the Europe and North America.

Global Clinical Trial Management System Market Segmentation

By System Type

• Enterprise
• Site

Based on type of system type, enterprise segment is anticipated to account for the largest share of the CTMS market owing to upsurge in adoption of this type of system by various end users.. Moreover, factors such as lower costs and real-time insights associated to enterprise license software are likely to result in lucrative growth of the segment.

By Deployment Type

• Web Hosted
• On-Premise
• Cloud-Based

By Component Type

• Software
• Services

By End Users

• Pharmaceutical & Biotechnology Firms
• Contract Research Organizations (CROs)
• Medical Device Firms
• Others (Universities etc.)

By Geography

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)} Clinical Trial Management System Market
• Europe (UK, France, Italy, Germany, Spain, Sweden, Russia, Netherlands, Norway and Rest of Europe) {Market Share (%), Market Size (USD Billion)} CTMS Market
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} Clinical Trial Management System Market
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} Clinical Trial Management System Market
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} CTMS Market

Based on geography, North America is expected to dominate the market followed by Europe during the forecast period. Dominance of North America is majorly attributed to the advanced healthcare infrastructure and dominance in global healthcare IT industry. Moreover, US will maintain its dominance in North America over the forecast period. Further, Asia Pacific region and other developing nations are likely to emerge as the area with maximum growth potential owing to focus of key players in emerging economies and improving healthcare infrastructure.

Covered In This Global Clinical Trial Management System Market Report                                                                                                                  

The report covers the present ground scenario and the future growth prospects of the clinical trial management systems for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. Global Clinical Trial Management System Market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

CTMS Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global Clinical Trial Management System Market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Clinical Trial Management System Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Key Market Players

Our Clinical Trial Management System Market Report comprises of the following companies as the key players:

• Forte Research Systems Inc.
• Bioclinica
•  Oracle Corporation
•  eClinForce Inc.
•  Medidata Solutions
•  DATATRAK
•  Guger Technologies
•  PARAXEL International Corporation
•  MedNet Solutions Inc.

Other participants include; ChemWare Inc., iWEb Technologies, Data MATRIX, Jade Global Solutions, Integrated Clinical Solutions, and MAJARO InfoSystems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Questions Answered In This Global CTMS Market Report

• What is the total market size by 2030 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for Clinical Trial Management System Market
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• Position yourself to gain the maximum advantage of the Clinical Trial Management System Market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects