Press release
Laminar Growth of $600 Mn to be Witnessed by Asia Pacific Clinical Trial Management Systems Market by 2026
Request for a sample of this report @ https://www.graphicalresearch.com/request/1300/sample
Increasing usage of clinical trial management system in the administration of clinical trials have surged the ability to deal with problems that helps in delivering effective results. The number of clinical trials has been increasing rapidly, as it has huge potential for patients, refining therapeutic treatments and safeguarding development in medical practice. In addition, this has surged several clinical trials that have eventually led to an increase in the number of CTMS, thereby augmenting industry growth. However, high cost associated with the clinical trial management system may hamper the overall market growth during forthcoming years.
Software component segment was valued around USD 165 million in 2019, owing to numerous advantages associated with software and surged demand for clinical trial management systems. This software effectively manages clinical trial data generated by different biotech and pharmaceutical companies. Additionally, such software solutions further save time and accelerate new product launch, thereby favoring segmental growth.
Site based clinical trial management systems accounted for over 20% revenue share in 2019. Site-based systems offer several solutions in clinical studies including services in visit management and financial management as well as protocol management. Moreover, site based CTMS can be used to small site or site network that can be quickly implemented to sites leading to unique environment, thereby favoring segmental growth.
The web-based segment is forecasted to proceed around USD 155 million in 2019. Web-based clinical trial management software offers a wide range of clinical trial management applications. It is flexible and user-friendly thereby allowing management of clinical trials by cost-effective, faster and easier ways. Aforementioned are the foremost factors anticipated to drive demand for web based CTMS throughout the forecast period.
Make an Inquiry for purchasing this Report @ https://www.graphicalresearch.com/request/1300/inquiry-before-buying
Pharmaceutical & biopharmaceutical companies segment will witness rapid growth of over 13% CAGR. The segmental progression is attributable to surging adoption of CTMS for clinical studies in different new drug developmental processes. In addition, investment in R&D by various other biotech & pharma industry will further propel segmental growth.
Japan's clinical trial management systems market was valued around USD 100 million in 2019. Emerging countries including India, China, South Korea and Taiwan are attractive destinations for several companies due to the presence of large diversity of patients. Moreover, numerous government initiatives to develop secure healthcare infrastructure for clinical researches thereby boost the clinical trials management systems market in Asia Pacific region.
Few of the prominent industry players operating in the Asia Pacific clinical trial management systems market include DSG, Medidata Solutions, Forte, DataTrak, Bio-Optronics, Bioclinica, Oracle, MasterControl, Merge Healthcare (IBM Watson Health), OmniComm Systems, Veeva Systems and PAREXEL International. These business players maintain their market positions by undertaking various strategies such as new service offerings, strategic collaborations and partnerships. For instance, in February 2018, Oracle acquired Zenedge, a security start-up providing cloud network and infrastructure security. This strategy thereby enhanced the product range of the company.
Asia Pacific Clinical Trial Management Systems Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2015 to 2026, for the following segments:
Asia Pacific Clinical Trial Management Systems Market Share, By Component, 2015 to 2026, (USD Million)
Software
Hardware
Services
Asia Pacific Clinical Trial Management Systems Market Size, By Product, 2015 to 2026, (USD Million)
Enterprise Based
Site Based
Asia Pacific Clinical Trial Management Systems Market Value, By Delivery Mode, 2015 to 2026, (USD Million)
Web
Cloud
On Premise
Asia Pacific Clinical Trial Management Systems Market Growth, By End-use, 2015 to 2026, (USD Million)
Pharmaceutical and Biopharmaceutical Companies
Clinical Research Organizations
Healthcare Providers
Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1300/apac-clinical-trial-management-systems-market
Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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 Laminar Growth of $600 Mn to be Witnessed by Asia Pacific Clinical Trial Management Systems Market by 2026 here
News-ID: 2031444 • Views: …
More Releases from Graphical Research
Medical Oxygen Concentrators Market is Moving Fast! | Major Key Companies are Co …
An analysis of medical oxygen concentrators market has been provided in the latest report introduced by Graphical Research that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.
Evidence suggests that oxygen concentrators are not only a cost-effective solution…
Why the Hand Sanitizer Market Is Set To Explode? | Key Players are 3M, Best Sani …
The global hand sanitizer market share is expected to gain immense traction over the forecast spell, owing to the rising impact of the COVID-19 pandemic. COVID-19, an infectious disease caused by the SARS-CoV-2 virus, is spreading across the globe at a rapid pace. This pandemic has created an unprecedented public health crisis and has, in turn, triggered several initiatives by healthcare providers worldwide to curb further impact.
Regulatory authorities and…
Guidewires Market: What are the Future Growth Opportunities? Top Players: Stryke …
The global guidewires market is slated to witness an upward trend over the next few years, fueled by the growing popularity of minimally invasive procedures. Guidewires are an important piece of medical equipment designed and developed to provide reliability, flexibility, and improved performance during surgical procedures.
Since their introduction, the technology has evolved rapidly and is constantly finding its way into new applications. A guidewire is a wire used to…
Yeast Extract Market 2021 Emerging Trends || Leading Players Kerry Group, Lesaff …
A comprehensive research study on yeast extract market introduced by Graphical Research provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.
Yeast extract market is expected to show steady growth in the coming years and below are the key trends enhancing…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
