Clinical Trial Management System Market is estimated to grow at a CAGR of 15% by 2022

Market research future published a half-cooked research report on global clinical trial management system market. The global clinical trial management system market is expected to grow at a CAGR of 15% during the period 2016 to 2022.
Test the market data and market information presented through more than 60 market data tables and figures spread over 90 numbers of pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Clinical Trial Management System Market Research Report – Forecast to 2022”.
Market Highlights
Clinical trial management system maintains and records the information which is used to track the clinical trials. Information extracted during clinical trials are vast and highly complex and they are need to be routinely processed through multiple regression, simulation and other models. To maintain the information scientists and industry players are working towards the development of management and maintenance of this data. The market for clinical trial management system is booming due to increasing demand for the management of the clinical trial data collected at the time of clinical research and track the milestones for the further studies to make new and improved products by the biotechnology and pharmaceutical companies.
Some of the key functions of CTMS include cataloging the history of the clinical trials associated with the organizations and individuals, site management, subject tracking among others. On the basis of type of CTMS they are segmented into standard CTMS, CTMS accelerator and customized CTMS. Standard CTMS are Out-of-the-box system without organization-specific customizations while CTMS accelerator are pre-configured version of a standard CTMS that includes requested configurations and enhanced functionality of the trials. They can satisfy many of the organization’s key requirements without additional development and the customized CTMS are those which includes standard or accelerator system that is tailored to organization specific configurations.
These are commonly used by pharmaceutical and biotechnology companies, contract research organizations and medical device companies among others.
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Global Clinical Trial Management System Market:
The Global Clinical Trial Management System Market has been evaluated as a growing market and it is expected that the market will touch high growth figures in future. Factors such as the growing prevalence of chronic diseases and increasing advancement in clinical trial management will drive the growth of the market. The global clinical trial management system market is expected to grow with CAGR of ~15% during the forecasted period.
Major Key Players
• PAREXEL International Corporation,
• Wipro Limited (India),
• GCP-Service International Ltd. & Co. KG (Germany),
• Oracle (US),
• BioClinica,
• Covance Inc.,
• eclipse,
• KINAPSE LTD (UK),
• Intrinsic Clinical Systems (UK),
• Acceliant (US),
• Clinical Systems Ltd, SGS SA (Switzerland),
• Telerx (US),
• McKesson Corporation, HCL
• Technologies Limited,
• Adaptive-Clinical
Regional Analysis:
Depending on geographic region, clinical trial management system market is segmented into four key regions: North America, Europe, Asia Pacific, and Middle East & Africa. Globally North America is the largest market for Clinical trial management system as they deploy the most advanced healthcare technologies and increasing demand for the reliable and cost effective products. Europe is the second-largest market for clinical trial management system. Asia pacific region is expected to be fastest growing region in clinical trial management system market due to increasing healthcare expenditure.
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Segmentation:
Global clinical trial management system market has been segmented on the basis of type which comprises of standard CTMS, CTMS accelerator, customized CTMS and others. On the basis of application; market is segmented into in house, hosted and others. On the basis of end users; market is segmented into pharmaceutical & biotechnology companies, medical devices companies, CROs and others.
List of Tables
TABLE 1 GLOBAL CLINICAL TRIAL MANAGEMENT SYSTEM MARKET, 2013-2022 (USD MILLION)
TABLE 2 GLOBAL CLINICAL TRIAL MANAGEMENT SYSTEM MARKET, BY TYPE, 2013-2022 (USD MILLION)
TABLE 3 GLOBAL CLINICAL TRIAL MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2013-2022 (USD MILLION)
TABLE 4 GLOBAL CLINICAL TRIAL MANAGEMENT SYSTEM MARKET, BY END USERS, 2013-2022 (USD MILLION)
TABLE 5 GLOBAL CLINICAL TRIAL MANAGEMENT SYSTEM MARKET, BY REGION, 2013-2022 (USD MILLION)
Continued….
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