Clinical Trial Management Systems Market Key Trends in Terms of Volume and Value 2018 to 2028

Posted on 2019-08-07 by Mark Hub in Industrial // 0 Comments

Fact.MR has recently developed a new research analysis on the clinical trial management system market, which exerts accurate forecasts on the market for the period between 2018 and 2027. This report is an explicit source of information, which imparts data on recent market dynamics, latest
industry trends, potent markets, technology advancements & developments, and product innovation, along with an all-inclusive regional market coverage

Essentiality of recording the varying requirements and imperative tasks of participants running a trail has driven the need for e-clinical framework, which is likely to become the master system of clinical trials as it evolves and integrates with other components of e-clinical continuum. Clinical trial management systems market (CTMS) will also be driven by increasing clinical trials outsourcing by pharmaceutical companies to contract research organizations (CROs) for execution, in a bid to enhance sourcing flexibility, meanwhile focusing on higher-priority activities such as drug discovery.

Evolutions in Clinical Trial Management Systems Market

The evolutions in how clinical trials are conducted has meant that vendors are hard pressed to offer advanced solutions in addition to core functionalities such as site management, monitoring, and tracking. The need for innovation in clinical trials is also driven by mandates from regulatory authorities. Emphasis on transparency throughout the study process and adoption of risk-based approaches to clinical trial design influence the clinical trial management systems market.

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Table of Content

Chapter 1 Executive Summary

Chapter 2 Global Clinical Trial Management Systems Market Overview
2.1 Introduction
2.2 Market Definition
2.3 Scope of the report

Chapter 3 Market Dynamics
3.1 Key Growth Drivers
3.1.1 The Role of CTMS in Improving Workflow
3.1.2 Importance in the eClinical Framework
3.1.3 Growing Importance of CTMS in eClinical Value Chain
3.1.4 Streamlining Research Activities
3.2 Key Market Restraints
3.2.1 Evolving Roadblocks
3.2.2 Complex Trial Management
3.3 Opportunities
3.3.1 Progress in Web Technology
3.3.2 Increasing Biomedical Research Funding
3.3.3 Key Trends
3.3.4 Increasing Outsourcing Activities
3.3.5 Growing Focus on Price and Modularity
3.3.6 List of Key CTMS Software
3.4 CTMS Process Chain
3.4.1 Investment Feasibility Analysis for CTMS
3.5 Market White Space and Wheel of Fortune Analysis
3.6 Product Life Cycle Analysis
3.7 Porter’s Five Forces Analysis
3.8 PESTLE Analysis

Chapter 4 Global Clinical Trial Management Systems Market Analysis
4.1 Global Market Outlook
4.1.1 Market Forecast and Analysis
4.1.2 Regional Demand Assessment
4.1.2.1 Market Share by Region
4.2 Global CTMS Market Analysis by Mode of Deployment
4.2.1 Forecast by Mode of Deployment
4.2.2 Y-o-Y Growth Comparison by Mode of Deployment
4.2.3 Market Attractiveness Analysis by Mode of Deployment
4.3 Global CTMS Market Analysis by Component
4.3.1 Forecast by Component
4.3.2 Y-o-Y Growth Comparison by Component
4.3.3 Market Attractiveness Analysis by Component
4.4 Global CTMS Market Analysis by Product Type
4.4.1 Forecast by Product Type
4.4.2 Y-o-Y Growth Comparison by Product Type
4.4.3 Market Attractiveness Analysis by Product Type
4.5 Global CTMS Market Analysis by End-user
4.5.1 Forecast by End-user
4.5.2 Y-o-Y Growth Comparison by End-user
4.5.3 Market Attractiveness Analysis by End-user

Chapter 5 North America Clinical Trial Management Systems Market Analysis
5.1 North America Market Outlook
5.1.1 Market Forecast and Analysis
5.1.2 Impact Assessment of Market Forces
5.1.3 Country Wise Demand Assessment
5.1.3.1 Market Value Share by Country
5.2 North America CTMS Market Analysis by Mode of Deployment
5.2.1 Forecast by Mode of Deployment
5.2.2 Y-o-Y Growth Comparison by Mode of Deployment
5.3 North America CTMS Market Analysis by Component
5.3.1 Forecast by Component
5.3.2 Y-o-Y Growth Comparison by Component
5.4 North America CTMS Market Analysis by Product Type
5.4.1 Forecast by Product Type
5.4.2 Y-o-Y Growth Comparison by Product Type
5.5 North America CTMS Market Analysis by End-User
5.5.1 Forecast by End-User
5.5.2 Y-o-Y Growth Comparison by End-User

To be Continue…………..

Highlights

Clinical trial management systems market to surpass US$ 1 Bn during the review period
Incremental opportunity of US$ 116 Mn in web-based clinical trial management systems market
U.S. and EU5 among the most lucrative markets globally for vendors

Web-based clinical trial management systems continue to be the preferred mode of deployment for pharmaceutical and biotechnology companies, finds a new study by Fact.MR. The report projects that web-based clinical trial management systems will remain pervasive in the clinical trial management systems market during the review period 2018-2028, gaining an impressive US$ 116 Mn in incremental opportunity in a decade.

According to the report, standardization, SaaS-based solutions, and flexibility in terms of pricing and licensing are among the key evolutions in the clinical trial management system market. The increasing complexity in clinical trials has meant that pharmaceutical companies prefer outsourcing clinical trial execution to contract organizations. Outsourcing is likely to gain further momentum during the assessment period as proliferation of specialty clinical research organizations and academic research organizations (AROs) witnesses a spike.

Future of Web-Based Clinical Trial Management Systems Market

Considering the slew of advantages clinical trial management systems have over traditional systems, the future belongs to web-based clinical trial management systems. The transition in the clinical trial management systems has been undergoing for some time now, and web-based procedures now account for a majority share of the market. However, it is also pertinent to mention that there is still a level of skepticism and reluctance in the clinical trial industry, especially in terms of data security and privacy. Availability of platforms and cloud-based products that utilize big data technology to optimize the cost of clinical development process can reduce some level of uncertainty.

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About Fact.MR

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