Global Clinical Trial Management System Market to Grow at 13% CAGR and Reach US$ 3.2 Bn in Revenues

A new detailed study titled “Clinical Trial Management System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the research study, the clinical trial management system market is likely to grow at a CAGR of nearly 13% through 2025, and reach a valuation of US$ 3.2 Bn.

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The research study offers a detailed analysis on the key factors influencing the growth of clinical trial management system market. A holistic and comprehensive analysis on the drivers, restraints, opportunities, and trends has been offered for the perusal of the readers. The research study also profiles the competitive landscape on the clinical trial management system market. The product and business strategies of some of the leading players in the market.

According to the business intelligence study, increasing focus on incorporating effective and seamless flow of information is likely to provide an impetus to clinical trial management system market during the assessment period. Pharmaceutical companies and research organizations are focusing on digitizing their process to improve efficiency. Further, growing emphasis on tracking, monitoring, and updates offered by having a robust clinical trial management system in place is also likely to boost market growth during the assessment period.

The report segments the global clinical trial management system market into component market, end-user market, mode of delivery market, type market and region market. The component segment is further divided into hardware, software and services. The end-user market segment is sub-segmented into healthcare providers, pharmaceutical industries and contract research organizations. The mode of delivery segment is categorized into web-based, cloud-based and on-premise. By type, the market is bifurcated into enterprise-based and site-based.

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Geographically, the market is divided into key regions globally which are Asia, North America, Europe and Rest of the World. According to the research study, adoption of clinical trial management systems in North America is concentrated in the US, whereas EU5 are the leading markets in Europe. Adoption is also growing at a steady pace in Asia Pacific.

The report profiles some of the leading players operating in the market. Some of these players are DATATRAK Int, Forte Research Systems, Inc., Cognizant Technology Solutions Corporation, PAREXEL International Corporation, Veeva Systems, DSG, Inc., Bio-Optronics, Inc., Microsoft, Cinven, Apple Inc, MedNet Solutions, Inc, International Business Machines Corporation, Medidata and Oracle.

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This release was published on openPR.