|10-24-2018 12:46 PM CET - Health & Medicine||
Clinical Trial Management Systems (CTMS) Market Growth Statistics and Key Players Insights: Oracle Corporation, Merge Healthcare Incorporated, Medidata Solutions
Press release from: QY Research Groups
Clinical Trial Management System (CTMS) is a software system used by biotechnology and pharmaceutical industries to manage clinical trials in clinical research. The system maintains and manages planning, performing and reporting functions, along with participant contact information, tracking deadlines and milestones.
North America led the global market in 2017 and accounted for around 51% of the overall market. This growth was attributed to the availability of favorable regulatory policies and higher investments by the pharma companies. Asia Pacific is expected to be the fastest-growing region during the forecast period Due to increasing costs and time spent on clinical trials and outsourcing of clinical trials in the region. Asian countries offer a less expensive and less time-consuming process for clinical trials, thereby boosting the CTMS market in the region.
The Global Clinical Trial Management Systems (CTMS) Market 2018 to 2025 renders deep perception of the key regional market status of the Clinical Trial Management Systems (CTMS) Industry on a global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan. The report on “Global Clinical Trial Management Systems (CTMS) Market” is a professional report which provides thorough knowledge along with complete information pertaining to the Clinical Trial Management Systems (CTMS) industry a propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.
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The key players covered in this study
• Oracle Corporation
• Merge Healthcare Incorporated
• Medidata Solutions
• PAREXEL International Corporation
• MedNet Solutions
• Forte Research Systems
• DATATRAK International
• VEEVA SYSTEMS
Market segment by Type, the product can be split into
• Enterprise CTMS
• Site CTMS
Market segment by Application, split into
• Pharmaceutical and Biopharmaceutical Companies
• Contract Research Organizations
• Medical Device Companies
The potential of this industry segment has been rigorously investigated in conjunction with primary market challenges. The present market condition and future prospects of the segment has also been examined. Moreover, key strategies in the market that includes product developments, partnerships, mergers and acquisitions, etc., are discussed. Besides, upstream raw materials and equipment and downstream demand analysis is also conducted.
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The report cloaks the market analysis and projection of “Clinical Trial Management Systems (CTMS) Market” on a regional as well as global level. The report constitutes qualitative and quantitative valuation by industry analysts, first-hand data, assistance from industry experts along with their most recent verbatim and each industry manufacturers via the market value chain.
The research experts have additionally assessed the in general sales and revenue generation of this particular market. In addition, this report also delivers widespread analysis of root market trends, several governing elements and macro-economic indicators, coupled with market improvements as per every segment.
The study objectives of this report are:
To analyze global Clinical Trial Management Systems (CTMS) status, future forecast, growth opportunity, key market and key players.
To present the Clinical Trial Management Systems (CTMS) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Clinical Trial Management Systems (CTMS) are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world's most complete and current database of expert insights on global industries, companies, products, and trends.
This release was published on openPR.
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