openPR Logo
Press release

Advanced Clinical Research Information Systems Market: Increasing Investments in Research Drives Market 2017 - 2025

04-24-2018 12:42 PM CET | Health & Medicine

Press release from: Persistence Market Research

Advanced Clinical Research Information Systems Market:

Clinical Research Information Systems consist of specialised software applications that are designed to assist clinical research. These systems can greatly reduce the cost of R&D and they also support a number of functions and activities within medical research organisations. The Advanced Clinical Research Information Systems Market consists of a category of software applications optimised to handle one or more aspects of clinical research. While they are distinct from Electronic Medical Record Systems (EMR), they usually interoperate with them.

Many systems were initially conceived to support individual aspects of medical research like logistics, primary data capture, patient recruitment and so on. Over time, the Advanced Clinical Research Information Systems became monolithic in an attempt act like a one-stop shop for all their client requirements. However, special problems that can only be solved by custom software still come up the proliferation of commercial software in the Advanced Clinical Research Information Systems Market notwithstanding.

Request Report for Table of Contents @ https://www.persistencemarketresearch.com/toc/13003

Advanced Clinical Research Information Systems Market Drivers

The desire to improve administrative efficiency, eliminate duplicate medical tests, and reduce medical errors are the main Advanced Clinical Research Information Systems Market drivers. Studies have shown that individuals trust non-profit hospitals and medical organisations to a much higher extent than the government. Individuals who are sad, anxious, depressed or angry about their current health issues are far more likely to provide access to their Personal Health Information.

An Advanced Clinical Research Information System provides real-time insight into the operations, enabling organisations to access all their critical data with just a few clicks. It provides robust reporting capabilities, offering insights into research such as accruals and deviations.
It allows consistency in budgeting across the organisation by accelerating invoicing, reducing the probability of missed items, and reducing payment cycles.

It enables easier communication between the medical institute and research groups. It supports billing accuracy and provides the ability to delegate charges as research-related and record the reasoning behind it.
It simplifies tracking regulatory information across the organisation like amendments, subject deviations, protocols, and staff credentials can also be authorized within the system. Some systems in the Advanced Clinical Research Information Systems Market provide interfaces to connect to eIRB systems providing efficiency, accuracy and consistency in legal regulations.
Advanced Clinical Research Information Systems Market Restraints

The three main restraints in the Advanced Clinical Research Information Systems Market are cost, system complexity and psychological factors. Larger Advanced Clinical Research Information Systems require a financial investment almost as much as EMR systems. The size of this, along with the system complexity, make their deployment institution-wide virtually mandatory. Such systems can handle an arbitrary number of studies within a single database design with only the hardware being the limiting factor.

In addition to cost, the second Advanced Clinical Research Information Systems Market restraint is complexity. These teams require a diverse team of professionals to operate and maintain like database administrators, software developers and non-technical personnel who are aware of clinical research and the software which can convert an investigator’s study into an electronic form. Many clients with smaller budgets may hesitate to install these advanced information systems since they may not be able to secure adequate funding or the required support staff.

It often happens that influential players in the life sciences industry resist adoption of any new technology. A part of this is due to professional norms: medical practitioners are concerned about treating patients to the best of their ability. They may use their considerable influence to delay the installation of such systems within the medical institute.

Request a Sample Brochure of the Report @ https://www.persistencemarketresearch.com/samples/13003

Advanced Clinical Research Information Systems Market Key Market Players

Some companies involved in the Advanced Clinical Research Information Systems Market are Parexel, OpenClinica, BayaTree, Forte Research Systems.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

Telephone - +1-646-568-7751

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Advanced Clinical Research Information Systems Market: Increasing Investments in Research Drives Market 2017 - 2025 here

News-ID: 1028336 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Clinical

Clinical Laboratory Market in Indonesia, Clinical Laboratory Industry in Indones …
"Increase in healthcare expenditure from the Indonesian government has driven the growth of clinical laboratory market in Indonesia." Increase in Healthcare Awareness: Largely driven by increase in healthcare spending by aging population (~$ 260 per person by 2050), rising income levels, rising awareness for preventive testing, advanced healthcare diagnostic tests offerings, and central government's healthcare measures. Developments in Testing and Preference for Evidence based testing: There is also a rising number
Clinical solutions
Are you spending more time with yellow files than with patients? Healthbridge can change that with our intuitive and easy to use clinical platform that is designed specifically for the medical practitioner at the practice. smaller2 Easily access patient information Cloud-based technology enables you to store rich clinical information that can be easily accessed as and when you need it. Medical billing software innovation Become a paperless practice Create scripts, sick notes, and clinical notes electronically. Plus, have
Clinical Research and Clinical Trials Summit
Clinical Research 2019 has been designed in an interdisciplinary manner with a multitude of tracks to choose from every segment and provides you with a unique opportunity to meet up with peers from both industry and academia and establish a scientific network between them. We cordially invite all concerned people to come join us at our event and make it successful by your participation. This is the premier interdisciplinary forum for
Paediatric Clinical Trial Conference - When designing a Paediatric clinical tria …
Press Release – 12.02.2018 When designing a Paediatric clinical trial, a paediatric investigation plan (PIP) is a development plan aimed at ensuring that the necessary data are obtained through studies in children, to support the authorisation of a medicine for children. All applications for marketing authorisation for new medicines have to include the results of studies as described in an agreed PIP, unless the medicine is exempt because of a deferral
Clinical Communication
According to a recent market report published by Persistence Market Research titled “Clinical Communication and Collaboration Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025),” revenue from the global clinical communication and collaboration market was US$ 138.5 Mn in 2012 and US$ 214.8 Mn in 2016, representing a CAGR of 11.6% from 2012 to 2016. This revenue growth is attributed to addition of new features in clinical communication and collaboration solutions.
E-Clinical Trial Solutions Market To Accelerating Clinical Development Technolog …
The study of the "Global e-Clinical Trial Solutions Market" provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. The Global e-Clinical Trial Solutions Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the e-Clinical