Clinical Trial Management System Market - Trends Forecast Till 2028

Clinical Trial Management System Market, By Product (Software, Services), Delivery (Web-hosted, On-premise, Cloud-based), Deployment (Enterprise, On-site), End User (Pharma, Medical Device Manufacturers, CROs) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: April, 2021

Base Year Estimate: 2020

Report ID: D-HC-CTMSM-136

Format:  

Number of Pages: 267

Domain: Healthcare

Clinical Trial Management System Market – Trends Forecast Till 2028

Global Clinical Trial Management System market is anticipated to reach USD 810.9 million in 2021 growing at a CAGR of 15.8% during the forecasting period, 2021-2028.

As suggested by the word a clinical trial management system is a program that helps to keep a track of the stages of clinical trial during a research. Clinical trial is a set of studies and parameters that are used to evaluate the effect and other features of a medical or surgical intervention. These are usually performed to study the effect of a vaccine, drug, diet or any other medical device. A clinical trial consist of 3 phases but can have a phase 0 which is an early phase and also a phase 4 which is later to phase 3 if required.

With the recent partnership between the Biopharma industry and CROs along with the argumentation of target audience and increased funding from government are some of the factors that have supported long-term expansion for clinical trial management system industry.

Clinical Trial Management System Market Analysis

Global Clinical Trial Management System market is segmented into Product, Delivery, Deployment, End User and geography.

Product segment is segmented into Software, Services

Delivery segment is segmented into Web-hosted, On-premise, Cloud-based

End-User segment is segmented into Pharma, Medical Device Manufacturers, and CROs

Deployment segment is segmented into Enterprise, On-site

Geographically, global Clinical Trial Management System market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in global Clinical Trial Management System market are Oracle Corporation (US), Medidata Solutions (US), Parexel International (US), Bioclinica (US), IBM (US) Bio-Optronics (US), Datatrak (US), Veeva Systems (US), DSG (US), MasterControl (US), ERT (US), Advarra Technology Solutions (US), MedNet Solutions (US), ArisGlobal (US), DZS Clinical Services (US), Crucial Data Solutions (US), Ennov (France), DataStat (US), and RealTime Software Solutions LLC (US).among others.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the Clinical Trial Management System market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Clinical Trial Management System market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Clinical Trial Management System market.

 

Primary Respondent breakdown is given below:

Clinical Trial Management System Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the Clinical Trial Management System market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Clinical Trial Management System market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 810.9 million

Growth Rate

CAGR of 15.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Product, Delivery, Deployment, End User and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Oracle Corporation (US), Medidata Solutions (US), Parexel International (US), Bioclinica (US), IBM (US) Bio-Optronics (US), Datatrak (US), Veeva Systems (US), DSG (US), MasterControl (US), ERT (US), Advarra Technology Solutions (US), MedNet Solutions (US), ArisGlobal (US), DZS Clinical Services (US), Crucial Data Solutions (US), Ennov (France), DataStat (US), and RealTime Software Solutions LLC (US).

Available Customization

In addition to the market data for Clinical Trial Management System market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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