MarketsandMarkets Presents
Clinical Trial Management System Market worth 1,065.6 Million USD by 2022 https://www.marketsandmarkets.com/Market-Reports/clinical-trial-management-systemsmarket-470.html
The report The report "Clinical Trial Management System Market by End User (Pharma & Biopharmaceutical Co., Medical Device Co., CROs), Delivery Mode (Web Hosted, Onpremise, Cloud-based), Type (Enterprise, Site), Component (Software, Services) - Global Forecast to 2022", The global CTMS market is expected to reach 1,065.6 million by 2022 from USD 590.0 million in 2017, at a CAGR of 12.6%. Browse: 88 market data tables 46 figures 266 pages And in-depth TOC on ÍžClinical Trial Management System MarketÍ&#x; Download The PDF Brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=470
The major factors driving the growth of the CTMS market include the significant partnerships between Asian CROs and pharma companies, rising number of clinical trials in both developing and developed nations, availability of advanced and upgraded CTMS
solutions, and rising government support for clinical trials in Asian countries. https://www.marketsandmarkets.com/Market-Reports/clinical-trial-management-systemsmarket-470.html
The objectives of this study are as follows:. # To define, describe, segment, and forecast the global clinical trial management systems market by type, delivery mode, component, end user, and region. # To provide detailed information regarding the major factors influencing the growth of the global CTMS market (drivers, restraints, opportunities, and challenges) # To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market # To analyze the growth opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
# To forecast the market value of market segments with respect to the four key regions, namely, North America (US, and Canada), Europe (Germany, UK, France and RoE), Asia Pacific (China, Japan, India and RoAPAC), and the Rest of the World. # To profile the key players in the global CTMS market and comprehensively analyze their market rank and core competencies https://www.marketsandmarkets.com/Market-Reports/clinical-trial-management-systemsmarket-470.html
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The enterprise CTMS segment is estimated to account for the largest share of the CTMS market by type in 2017
The CTMS market is segmented into enterprise CTMS and site CTMS on the basis of type. The enterprise CTMS segment is expected to command the largest share of the global CTMS market in 2017, and is expected to grow at the highest CAGR in the forecast period. Talk to Our Research Experts@ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=470
This is attributed to the widespread adoption of enterprise CTMS by majority of the end users.
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The pharmaceutical and biopharmaceutical companies segment is expected to hold the largest share of the market in 2017
By end user, the CTMS market is segmented into pharmaceutical and biopharmaceutical companies, contract research organizations, medical device companies, and others. The pharmaceutical and biopharmaceutical companies segment is further subsegmented into
large pharmaceutical companies and mid-small pharmaceutical companies.
The pharmaceutical and biopharmaceutical companies segment is expected to account for
the largest share of the CTMS market in 2017. The largest share is attributed to the increasing adoption of CTMS software during drug clinical trials by pharmaceutical and biopharmaceutical companies.
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North America is expected to dominate the CTMS market during the forecast period
Geographically, the CTMS market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America is expected to account for the largest share of the global CTMS market during the forecast period (2017-2022).
Factors such as rising number of on-going clinical trials (especially in the US), presence of leading players from both demand and supply sides, and government funding for clinical research are contributing to the large share of the North American region.
The major players operating in the CTMS market include Oracle (US), Medidata Solutions (US), PAREXEL (US), Bioclinica (US), Bio-Optronics (US), and IBM (US).
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