Clinical Trial Management System Market: Overview
A clinical trial management system (CTMS) is a software system used by pharmaceutical, Clinical Research Organizations (CROs), healthcare and biotechnology industries to control clinical trials in clinical research. Also, it is a software solution for good management, storage and study of drug associated clinical data. Clinical trials management system is used to know the effect of particular treatment on patients suffering from a particular disease. CTMS is mainly engaged to a clinical trial. The clinical trial management system maintains and manages planning, performing and reporting functions, with participant contact information, milestones and tracking deadlines. It offers a user-friendly infrastructure that allows clinicians to manage trials of unstable complexity. Moreover, a clinical trial management system provides data to a business intelligence system, which acts as a digital dashboard for trial managers.
Clinical Trial Management System Market: Growth Factors
The major driving factor for the global clinical trial management system market is increasing R&D investment in pharmaceutical, clinical research industries and life science. Increasing prevalence of diseases, clinical research organizations (CRO) and improved clinical research outsourcing is also expected to key driving factors of CTMS. However, high coast of systems and Scarcity research expert’s factors hampers the market growth. Moreover, Web based clinical trial management system is the largest segment in CTMS market and the Pharmaceutical is the leading end users segment in CTMS market.
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The report includes detailed competitive landscape of the global clinical trial management system market and an analysis of Porter’s five forces model for the clinical trial management system market has also been included. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the clinical trial management system market based on type, end-users, delivery mode, components and region segment.
Enterprise and Site based clinical trial management system is the type segment of Clinical trial management system market. Key end-users market for clinical trial management system includes pharmaceuticals, clinical research organizations, and healthcare providers. Delivery market for clinical trial management system includes cloud based, web based and on-premise clinical trial management system. Clinical trial management system market include in three components such as software, hardware and services.
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Clinical Trial Management System Market: Regional Analysis
Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for clinical trial management system based on individual products and applications in all the regions and countries. North America dominated the CTMS market. North America followed by Europe and Asia Pacific region. Europe was the second largest region for clinical trial management system market.
Clinical Trial Management System Market: Competitive Players
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Oracle Corporation , Medidata Solutions (U.S.), eResearch Technology Inc., Bio-optronics Inc., Business Systems Integration, DSG Inc., InnovoCommerce LLC, Omnicomm Systems Inc., Oracle Corp., StudyManager Inc.,Sparta Systems Inc., Merge Healthcare Inc. and BioClinica Inc.
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Clinical Trial Management System Market: Types Segment Analysis
- Enterprise based clinical trial management system
- Site based clinical trial management system
Clinical Trial Management System Market: End-User Segment Analysis
- Clinical Research Organizations
- Healthcare providers
Clinical Trial Management System: Delivery mode Segment Analysis
- Cloud based clinical trial management system
- Web based clinical trial management system
- On-premise clinical trial management system
Clinical Trial Management System: Component Segment Analysis
Clinical Trial Management System Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East And Africa
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