DUBLIN--(BUSINESS WIRE)--The "Clinical Trial Management System Market by End User (Pharma & Biopharmaceutical Co., Medical Device Co., CROs), Delivery Mode (Web Hosted, On-premise, Cloud-based), Type (Enterprise, Site), Component (Software, Services) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global clinical trial management system (CTMS) market is expected to reach USD 1,065.6 Million by 2022 from USD 590.0 Million in 2017, at a CAGR of 12.6%.
Factors such as significant outsourcing of clinical trial research to CROs, rising number of clinical trials, availability of advanced CTMS solutions, and rising government funds & grants to support clinical trials are driving the overall demand for CTMS across key markets.
Factors such as cost constraints associated with emerging markets and lack of awareness among researchers about the advantages of CTMS solutions may hamper the growth of the market.
North America is expected to dominate the global clinical trial management systems market primarily due to the high number of ongoing clinical trials, rising government support for conducting clinical trials, and presence of a large customer base in this region. However, Asia Pacific is expected to register the highest growth rate during the forecast period. Factors driving growth in the APAC region include the increasing outsourcing of clinical trials, availability of a large and diverse patient population, presence of supportive regulatory guidelines for clinical trials (as compared to developed nations), and cost advantages offered by countries in the region.
As of 2017, some of the major players operating in this market are Oracle (US), Medidata Solutions (US), PAREXEL (US), Bioclinica (US), Bio-Optronics (US), and IBM (US).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Clinical Trial Management Systems Market, by Type
7 Clinical Trial Management Systems Market, by Delivery Mode
8 Clinical Trial Management System Market, by Component
9 Clinical Trial Management System Market, by End User
10 Clinical Trial Management Systems Market, by Region
11 Competitive Landscape
12 Company Profiles
- DZS Software Solutions
- Forte Research Systems
- Medidata Solutions
- Mednet Solutions
- Veeva Systems
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