Global Clinical Trial Management System Market

Global Clinical Trial Management System Market by Delivery Mode (On-cloud and On-premises), Component (Software and Services), End-user (Pharmaceuticals, Contract Research Organization, and Others), Regions (North America [United States, Canada, and Mexico], Europe [Germany, France, Italy, Spain, United Kingdom, and Rest of Europe], Asia Pacific [China, Japan, South Korea, India, South Korea, Australia, and Rest of Asia Pacific], Middle East & Africa [South Africa, GCC, and Rest of Middle East & Africa], South America [Brazil, Argentina, and Rest of South America]) – Global Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2697
  • Author: Growth Market Reports
  • Rating: 4.5
  • Total Reviews: 36
  • No. Of Pages: 206
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The global clinical trial management system market size is estimated to register a significant CAGR during the forecast period, 2021-2028. The growth of market is attributed to increasing number of chronic diseases, changing lifestyle, growing number of clinical trials, outsourcing as well as implementation by research organization.

Global Clinical Trial Management System Market

In the last few years heavy investment in the clinical trial segment is seen which boosted the market. Several organizations have developed clinical trial management system to integrate with the existing software which helps in providing efficiency in the work.

Increasing advancement of technology reduces the cost associated with clinical trial management system. Conversely high cost and data security are some challenges for the segment which can hinder the market during the forecast period.

During the COVID 19 outbreak the healthcare segment of the countries are investing heavily in research and development to battle with virus. Compounds such as ZINC database, FDA-approved drugs CHEMBL database and more. So it can be said that COVID-19 act as a positive impact on the healthcare industry for spurring the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising number of chronic diseases, lifestyle disorder is expected to drive the market in the coming years.
  • Increasing outsourcing of clinical trials is anticipated to boost the market during the projected period.
  • Increasing investment in research and development is estimated to be on the major factor boosting the market during the forecast period.
  • Increasing awareness and cut down additional cost related to clinical trial is estimated to drive the market growth in the coming years.
  • Technological enhancement and innovation associated with clinical trial management system is expected to propel the market during the forecast period.
  • High cost and data securities issues are one of the factors that can hinder the market in the coming years.

Scope of the market

The report global clinical trial management system includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Clinical trial management system   market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Delivery Mode (On-cloud and On-premises), Component (Software and Services), End-user (Pharmaceuticals, Contract Research Organization, and Others)

Regional Scope

North America [United States, Canada, and Mexico], Europe [Germany, France, Italy, Spain, United Kingdom, and Rest of Europe], Asia Pacific [China, Japan, South Korea, India, South Korea, Australia, and Rest of Asia Pacific], Middle East & Africa [South Africa, GCC, and Rest of Middle east & Africa], South America [Brazil, Argentina, and Rest of South America]

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

IBM; Calyx; Oracle Corporation; MedNet Solutions Inc.; Bio-Optronics Inc.

Market Segment Insights

The on-cloud segment is expected to exhibit high CAGR

On the basis of delivery mode, the data is bifurcated into on-cloud and on-premises. The on-cloud segment is expected to exhibit high CAGR during the forecast period owing to the COVID-19 outbreak led to the usage of cloud-based solutions. On the other hand the on-premises segment is anticipated to grow at a steady pace due to increasing data and privacy issues.

Global Clinical Trial Management System Market

The software segment is expected to hold key share of the market

Based on components, the market is fragmented into software and services. The software segment is expected to hold key share of the market in the coming years due to increasing demand for advanced software which is easy to use, reduces time improves productivity, and efficiency of the researchers.

Global Clinical Trial Management System Market

The pharmaceuticals segment is estimated to constitute large market share

On the basis of end-users, the market is bifurcated into pharmaceuticals, contract research organization, and others. The pharmaceuticals segment is estimated to constitute major market share during the projected period owing to rapid adoption of clinical trial management system to manage complex trials, used by biotechnology research activities, and highly used by researchers to keep the track of the trials.

Global Clinical Trial Management System Market

North America is expected to dominate the market

In the terms of region, the market is segmented into North America [United States, Canada, and Mexico], Europe [Germany, France, Italy, Spain, United Kingdom, and Rest of Europe], Asia Pacific [China, Japan, South Korea, India, South Korea, Australia, and Rest of Asia Pacific], Middle East & Africa [South Africa, GCC, and Rest of Middle east & Africa], South America [Brazil, Argentina, and Rest of South America]. North America is expected to dominate the market during the forecast period due to increasing number of investment in research and development, growing demand for drug development and studies of clinical trials.

Global Clinical Trial Management System Market

Segments

The global clinical trial management system market has been bifurcated on the basis of

Delivery Mode

  • On-cloud
  • On-premises

Components

  • Software
  • Services

End users

  • Pharmaceuticals
  • Contract research organization
  • Others

Regions

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • United Kingdom
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • South Africa
    • GCC
    • Rest of Middle east and Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Players

  • IBM
  • Calyx
  • Oracle Corporation
  • MedNet Solutions Inc.
  • Bio-Optronics Inc.

Competitive Landscape

Key players competing in global clinical trial management system market include IBM; Calyx; Oracle Corporation; MedNet Solutions Inc.; Bio-Optronics Inc.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In December 2020, ERT launched Data Insights, for its trial Oversight Solution to discover variability during mange and collection end point data.

In January 2020, Veeva System launched its vault payment, a new application for vault CTMS that helps in managing and reimbursement process to clinical research sites.

Global Clinical Trial Management System Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Clinical Trial Management System Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Clinical Trial Management System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Clinical Trial Management System Market - Supply Chain
  4.5. Global Clinical Trial Management System Market Forecast
     4.5.1. Clinical Trial Management System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Clinical Trial Management System Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Clinical Trial Management System Market Absolute $ Opportunity
5. Global Clinical Trial Management System Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Clinical Trial Management System Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Clinical Trial Management System Demand Share Forecast, 2019-2026
6. North America Clinical Trial Management System Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Clinical Trial Management System Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Clinical Trial Management System Demand Share Forecast, 2019-2026
7. Latin America Clinical Trial Management System Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Clinical Trial Management System Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Clinical Trial Management System Demand Share Forecast, 2019-2026
8. Europe Clinical Trial Management System Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Clinical Trial Management System Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Clinical Trial Management System Demand Share Forecast, 2019-2026
9. Asia Pacific Clinical Trial Management System Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Clinical Trial Management System Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Clinical Trial Management System Demand Share Forecast, 2019-2026
10. Middle East & Africa Clinical Trial Management System Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Clinical Trial Management System Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Clinical Trial Management System Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Clinical Trial Management System Market: Market Share Analysis
  11.2. Clinical Trial Management System Distributors and Customers
  11.3. Clinical Trial Management System Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

The global clinical trial management system market has been bifurcated on the basis of

Delivery Mode

  • On-cloud
  • On-premises

Components

  • Software
  • Services

End users

  • Pharmaceuticals
  • Contract research organization
  • Others

Regions

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • United Kingdom
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • South Africa
    • GCC
    • Rest of Middle east and Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Players

  • IBM
  • Calyx
  • Oracle Corporation
  • MedNet Solutions Inc.
  • Bio-Optronics Inc.

Key players competing in global clinical trial management system market include IBM; Calyx; Oracle Corporation; MedNet Solutions Inc.; Bio-Optronics Inc.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In December 2020, ERT launched Data Insights, for its trial Oversight Solution to discover variability during mange and collection end point data.

In January 2020, Veeva System launched its vault payment, a new application for vault CTMS that helps in managing and reimbursement process to clinical research sites.

Global Clinical Trial Management System Market

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