Clinical Data Management Systems (CDMS) Market Analysis By Revenue, Share, Scenario on Latest Trends & Forecast 2022-2031 | eClinical Solutions LLC, CIMS Global, Axiom Real-Time Metrics, IBM Watson Health

According to a new market research report published by Global Insight Services "Clinical Data Management Systems (CDMS) Market" was valued at USD 1.8 billion in 2021 and it is anticipated to grow up to USD 7.1 billion by 2031, at a CAGR of 14.7% during the forecast period.. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A clinical data management system (CDMS) is a software application designed to support clinical research. It is used to collect, store, and manage clinical data from clinical trials. A CDMS typically includes a database, a data entry interface, and a set of tools for data analysis.

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Key Trends

The key trends in Clinical Data Management Systems (CDMS) technology are the following:

1. The use of CDMS is increasing in the clinical research industry.

2. CDMS is becoming more user-friendly.

3. CDMS is becoming more affordable.

4. CDMS is becoming more accessible and integrated.

Key Drivers

The key drivers of the Clinical Data Management Systems (CDMS) market are the ever-increasing need for clinical data management, the advancement of technology, and the increasing focus on patient safety.

The ever-increasing need for clinical data management is driven by the increasing number of clinical trials, the need for more accurate and timely data, and the need to comply with regulatory requirements. The advancement of technology is driving the development of more sophisticated and user-friendly CDMSs. The increasing focus on patient safety is driving the development of CDMSs that can help to reduce errors and improve patient care.

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Market Segments

By Delivery Mode
• Licensed enterprise (on-premise) solutions
• Cloud-based (SAAS)solutions
• Wed-hosted (On-demand) solutions

By End-user
• Contract research organization (CROs)
• Medical device companies
• Pharma/biotech companies
• others

By Region
• North America
• Europe
• Asia Pacific

Key Players

The Clinical Data Management Systems (CDMS) Market includes players such as eClinical Solutions LLC, CIMS Global, Axiom Real-Time Metrics, IBM Watson Health, Veeva System, Oracle Corporation, Ennov, OpenClinica, LLC, Fortress Medical and Bioclinica.

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