Clinical Trial Management System Market Comprehensive Study 2018: ChemWare, iWeb Technologies Limited, Data MATRIX, ArisGlobal, DSG INC, Bio-Optronics, Bioclinica, Oracle, Medidata Solutions, DATATRAK International, Guger Technologies, MedNet Solutions

According to the "Global Clinical Trial Management System Market– Industry Trends and Forecast to 2025" report, the global market is expected to witness a relatively higher growth rate during the forecast period. The Clinical Trial Management System market emphases on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis. Both established and new players in the industry can use this report for complete understanding of the market. Analysis and Consumer Needs by major regions, types, applications in market considering the past, present and future state of the Clinical Trial Management System industry.

Global Clinical Trial Management System Market is expected to reach USD 1508.7 Million by 2025 from USD 588 Million in 2017 growing at a CAGR of 12.50% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Clinical trial management system (CTMS) involves management of clinical trial records in clinical research. CTMS starts from planning of research proposal to preparation, conduct of trial, report generation, CTMS maintenance and managing the clinical trial data. CTMS reduces the communication period for a multi-centered clinical trial. The main advantage of CTMS system is that it sponsors or client can access their trial progress from anywhere. CTMS provides the valuable information like Clinical trial program/ project management, trial and site planning site and subject management, study management, investigator management, study financials and investigator grants and payments management lastly clinical trial performance and reporting. In 2004, International Committee for Medical Journal Editors (ICMJE) made it mandatory to fulfill all publications required for study for the clinical trial registration. As per of outsourcing Pharma 2014, out of the 111 clinical studies listed under U.S. FDA, more than 70 were handled by CROs. Since 2006, Massey Cancer Center by utilizing the CTMS Platform securely accesses the clinical trial progress via internet. In August 2016, Bioclinica announced the complete acquired sition of Cinven. Through this agreement Bioclinica expand its services and products and strategies in the CTMS. In September 2017, Pamplona Capital Management, LLP completed acquisition of PAREXEL. This agreement allowed better growth and deep healthcare expertise and great achievement in healthcare sector.

Major Market competitors/players:

• Bioclinica,
• Oracle Corporation,
• eClinForce Inc.,
• Medidata Solutions,
• DATATRAK International, Inc,
• Guger Technologies Inc,
• PARAXEL International Corporation,
• MedNet Solutions, Inc.
• ChemWare Inc.,
• iWEb Technologies,
• Data MATRIX,
• Jade Global Solutions,
• Integrated Clinical Solutions,
• MAJARO InfoSystems,
• BioOptronics, Inc,
• Forte Research Systems and ICON plc,
• Merge healthcare incorporated,
• Bio-Optronics,
• DSG INC,
• eClinForce,
• ArisGlobal,
• ERT Clinical
• Among others.

Competitive Analysis

The global Clinical Trial Management System market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of eHealth market for global, Europe, North America, Asia Pacific and South America.

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Major Market Drivers and Restraints:

• Growth of healthcare IT sector.

• Increase in the research and development expenditure in the life sciences

• Growth in clinical research organization

• High prevalence of chronic diseases

• Increase adoption of CTMS solutions

• Advancement in technology and software for clinical trial management system

• Synchronization of hospital information system (HIS) with CTMS

• Strict regulations for clinical trial protocols

Key Highlights of Report

• Overview of key market forces propelling and restraining market growth

• Offers a clear understanding of the competitive landscape and key product segments

• An analysis of strategies of major competitors

• Detailed analyses of industry trends

• A well-defined technological growth map with an impact-analysis

• Provides profiles of major competitors of the market.

• Details of their operations, product and services.

• Recent developments and key financial metrics.

Market Segmentation: Global Clinical Trial Management System Market

The global clinical trial management system market is segmented into

type,
• delivery mode,
• component,
• end user
• geography.

Based on type the global clinical trial management system market is segmented into

• enterprise CTMS
• site CTMS.

Based on delivery mode the global clinical trial management system market is segmented into

• Web-Based (Hosted) CTMS,
• licensed enterprise (On premise) CTMS,
• site CTMS,
• cloud-based (SaaS) CTMS

Based on component the global clinical trial management system market is segmented into

• softwares
• services.

Based on the end-user the global clinical trial management system market is segmented into

• pharmaceutical and biopharmaceutical companies,
• contract research organizations,
• medical device companies,
• other end users.

Based on geography the global clinical trial management system market report covers data points for 28 countries across multiple geographies namely

• North America & South America,
• Europe,
• Asia-Pacific,
• Middle East & Africa.

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