Clinical Trial Management System Market, by Mode of Delivery (Cloud-based, and On-premise), by Offering (Software, and Services), by End User (Healthcare Companies, CRO, Medical Device Companies, and Others (Research Institutes, Hospitals, etc.)), and by

Clinical Trial Management System Market, by Mode of Delivery (Cloud-based, and On-premise), by Offering (Software, and Services), by End User (Healthcare Companies, CRO, Medical Device Companies, and Others (Research Institutes, Hospitals, etc.)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The software and tools used to manage clinical trials are known as clinical trial management systems (CTMS). CTMS helps to reduce time and money and provide benefits such as secure real time access of data from multiple locations. There are two types of CTMS: cloud-based clinical trial management systems and on-premise clinical trial management systems.
Cloud-based CTMS offer 24x7 access to clinical trial data at any time, data administration, data security, data access from various client locations, sharing of information and technical support with advanced tools and trained staff. On-premise CTMS provides more security of data as it is stored and maintained at on-site or client locations. Moreover, on-premise CTMS provide customization in software as per business needs or client requirement, control on software upgrades and easy sharing of clinical trials data in-house in case of lack of connectivity across locations.
Market Dynamics
Increasing number of clinical trials and R&D across the globe are expected to fuel growth of the CTMS market, especially in developed regions. Furthermore, rising demand for CTMS for managing multiple clinical trials is expected to create opportunities for manufacturers to develop technologically advanced CTMS. This has led to an increase in demand for CTMS in contract research organizations, which is expected to drive growth of the clinical trial management systems (CTMS) market over the forecast period. For instance, in May 2019, COMBACTE launched clinical trial management system (CTMS). This new CTMS offers a professional tool for COMBACTE’s CLIN-Net team to optimize management of trials. Moreover, in March 2018, Theradex Oncology launched a clinical trial management system (CTMS) which is used to combine data & processes, and generate report on single platform. Furthermore, in January 2019, PHARMASEAL, a provider of clinical trial management and governance solutions launched Engility CTMS, a new generation clinical trial management system (CTMS).
The pharmaceutical sector is highly competitive and companies are focusing on expanding their consumer base in emerging economies. Furthermore, there is increasing demand for CTMS from companies worldwide as these systems help with the process of obtaining regulatory approvals for drug development and testing.
The cost for conducting clinical trials in emerging markets is comparatively low as compared to developed markets, therefore most of the global companies are focused on expansion of their CROs’ in the Asia Pacific region, which is expected to facilitate growth of the market in this region. For instance, in January 2018, the contract research organization (CRO), Biorasi, has opened its regional office in Japan to expand its clinical trial operations in Asia Pacific region.
Key features of the study:
This report provides in-depth analysis of the clinical trial management systems market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2022 - 2028), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline drugs, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global clinical trial management systems market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
Key companies covered as a part of this study include Medidata Solutions Inc., OpenClinica LLC., Forte Research Systems, Inc., Oracle Corporation, Datatrak International, Inc., Medrio, Inc., Parexel International Corporation, Bioclinica, Veeva Systems, and Crucial Life Sciences Data Solutions Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, market expansions, and marketing tactics
The global clinical trial management systems market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, CROs, medical device companies, new entrants, and financial analysts
Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the clinical trial management systems market
Detailed Segmentation:
Global Clinical Trial Management System Market, By Mode of Delivery:
Cloud-based
On-premise
Global Clinical Trial Management System Market, By Offering:
Software
Services
Global Clinical Trial Management System Market, By End User:
Healthcare Companies
Contract Research Organizations (CROs)
Medical Device Companies
Others (Research Institutes, Hospitals, etc.)
Global Clinical Trial Management System Market, By Region:
North America
North America Clinical Trial Management System Market, By Mode of Delivery:
Cloud-based
On-premise
North America Clinical Trial Management System Market, By Offering:
Software
Services
North America Clinical Trial Management System Market, By End User:
Healthcare Companies
Contract Research Organizations (CROs)
Medical Device Companies
Others (Research Institutes, Hospitals, etc.)
North America Clinical Trial Management System Market, By Country:
U.S.
Canada
Europe
Europe Clinical Trial Management System Market, By Mode of Delivery:
Cloud-based
On-premise
Europe Clinical Trial Management System Market, By Offering:
Software
Services
Europe Clinical Trial Management System Market, By End User:
Healthcare Companies
Contract Research Organizations (CROs)
Medical Device Companies
Others (Research Institutes, Hospitals, etc.)
Europe Clinical Trial Management System Market, By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
Asia-Pacific Clinical Trial Management System Market, By Mode of Delivery:
Cloud-based
On-premise
Asia-Pacific Clinical Trial Management System Market, By Offering:
Software
Services
Asia-Pacific Clinical Trial Management System Market, By End User:
Healthcare Companies
Contract Research Organizations (CROs)
Medical Device Companies
Others (Research Institutes, Hospitals, etc.)
Asia-Pacific Clinical Trial Management System Market, By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia-Pacific
Latin America
Latin America Clinical Trial Management System Market, By Mode of Delivery:
Cloud-based
On-premise
Latin America Clinical Trial Management System Market, By Offering:
Software
Services
Latin America Clinical Trial Management System Market, By End User:
Healthcare Companies
Contract Research Organizations (CROs)
Medical Device Companies
Others (Research Institutes, Hospitals, etc.)
Latin America Clinical Trial Management System Market, By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Middle East Clinical Trial Management System Market, By Mode of Delivery:
Cloud-based
On-premise
Middle East Clinical Trial Management System Market, By Offering:
Software
Services
Middle East Clinical Trial Management System Market, By End User:
Healthcare Companies
Contract Research Organizations (CROs)
Medical Device Companies
Others (Research Institutes, Hospitals, etc.)
Middle East Clinical Trial Management System Market, By Country:
GCC
Israel
Rest of Middle-East
Africa
Africa Clinical Trial Management System Market, By Mode of Delivery:
Cloud-based
On-premise
Africa Clinical Trial Management System Market, By Offering:
Software
Services
Africa Clinical Trial Management System Market, By End User:
Healthcare Companies
Contract Research Organizations (CROs)
Medical Device Companies
Others (Research Institutes, Hospitals, etc.)
Africa Clinical Trial Management System Market, By Country:
North Africa
Central Africa
South Africa
Company Profiles
Medidata Solutions Inc.*
Company Overview
Product Portfolio
Market Presence
Financial Overview
Key Developments
Strategies
OpenClinica LLC
Forte Research Systems, Inc.
Oracle Corporation
Datatrak International, Inc.
Medrio, Inc.
Parexel International Corporation
Bioclinica
Veeva Systems
Crucial Life Sciences Data Solutions Inc.
“*” marked represents similar segmentation in other categories in the respective section.