The global clinical trials management system (CTMS) market size is expected to reach USD 1.62 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of +12% over the forecast period. Rapid growth of healthcare IT, high R&D expenditure by life science and clinical research organizations, and adoption of CTMS solutions is anticipated to drive the market growth.
Increasing investment by pharmaceutical and biotechnology companies coupled with government funding is promoting research activities. This factor is expected to boostgrowth of the market for clinical trial management systems. According to the estimates of the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), global research-based pharmaceutical industry has spent around USD 149.8 billion in 2015. The annual spending of pharmaceutical industry is 5.5 times greater than the aerospace industry, 1.8 times more than software and computer services andsoftware industry, and 5 times more than chemicals industry.
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New research report thoroughly analyzes the most significant details of the Global Clinical Trials Management System (CTMS) Market with the help of a thorough and specialized analysis. Defined in a ground-up manner, the report presents an extensive overview of the market based on the factors that are anticipated to have a considerable and measurable impact on the market’s developmental situations over the forecast period.
Companies Profiled in this report includes, Bioclinica, Oracle Corporation, Medidata Solutions, DATATRAK, Medpace Holdings, Clinical Data, BioClinica, G.Tech Medical Engineering GmbH. bio-Optronics, PARAXEL International Corporation
Market study says about the vital role in the market and how the rising demand for Clinical Trials Management System (CTMS) industry is taking place emerging economies is taking place. How in developing economies in Southeast Asia and Latin America the market have witnessed robust urbanization drives is included in this study report. The rising technology and developments taking place in the market is also depicted in this research report. Factors that are boosting the growth of the market, and giving a positive push to thrive in the global market is explained in detail.
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Reason to Access Clinical Trials Management System (CTMS) Market Research Report:
Analysis of Clinical Trials Management System (CTMS) market and its upcoming growth prospects is been mentioned with maximum precision. This study includes an elaborative summary of market which also includes snapshots that offer depth of information of various other segmentations. Through qualitative and quantitative analysis of key factors which are responsible for boosting or hampering the market growth and the promising opportunities in market have been provide. Primary and secondary research is been done in detail which helps the readers have a strong understanding of the complete market for the forecast period.
The report provides insights on the following pointers:
– Market Penetration: Comprehensive information on the product portfolios of the top players in the Clinical Trials Management System (CTMS) market.
– Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
– Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
– Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
– Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Clinical Trials Management System (CTMS) market
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Table of Contents
Global Clinical Trials Management System (CTMS) Market Research Report
Chapter 1 Clinical Trials Management System (CTMS) Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Clinical Trials Management System (CTMS) Market Forecast