Clinical Trials Software Market 2024-2031 | Exclusive Study Report

Clinical Trials Software Market worth $ 4.13 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Clinical Trials Software Market- by Type of Deployment (On-cloud and On-premises), Type of Delivery (Web-based and Remote Monitoring), Features of Software (EDC, eCOA/ePRO and eConsent), End-Users (Pharmaceutical & Biotechnology Companies, Contract Research Organizations (CROs), Medical Device Manufacturers and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
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InsightAce Analytic's most recent study projects that the global market for clinical trial software will be worth US$1.20 billion by 2021. It is anticipated to grow at a compound annual growth rate (CAGR) of 15.1% from 2022 to 2030, reaching US$4.13 billion.
Pharmaceutical companies have recently started adopting clinical trial management services to improve the accuracy and efficacy of their trials. Clinical trials are an essential part of drug research, and they play a significant role in the development of new drugs and the search for treatments for diseases, including cancer and cardiovascular disorders. The use of contemporary clinical trial software regularly improves research projects' administration, procedures, and data quality. Web-based clinical trials using software have changed the paradigm of clinical research and trial protocols, including data administration, statistical analysis, medical writing, and regulatory submission.
Technology advancements, the growing need for clinical trial management services, and increased government backing for creating clinical trial services are the main drivers of market expansion. The market is anticipated to grow due to the increasing prevalence of chronic diseases, the development of innovative clinical trial planning and design services, the construction of new healthcare infrastructure, and biopharma companies' growing use of cloud-based solutions to automate the clinical trial process. Research on clinical trials has expanded due to the rising prevalence of chronic diseases. As a result, biopharmaceutical companies employ clinical trial administration services to expedite the process and enhance the efficacy and accuracy of clinical research. Because of this, the market's potential for growth is projected to rise in the upcoming years. However, expensive clinical trial software and healthcare personnel unfamiliar with cutting-edge technologies may hinder market progress throughout the projected period.
Due to pharmaceutical companies' increased clinical research and development, the rapid use of cloud-based technologies, and the rising number of illnesses, North America is expected to dominate the Clinical Trials Software market over the forecast period. Furthermore, the requirement for web-based and cloud-based solutions for clinical trial operations, growing pharmaceutical enterprises, increased clinical trial research, and other factors are projected to drive considerable growth in the Asia Pacific regional market.
Advarra, Antidote Technologies, Inc., ArisGlobal, AssistRx, athenahealth, Inc., Axiom Real-Time Metrics, BioClinica Inc., BSI Business Systems Integration AG, Calyx, Castor EDC, Chronicles, Clario, Clarivate, ClinCapture, Clincase, Clinical Research, CLIRINX, Cloudbyz, Dacima Software Inc., Datatrak Int., Florence HC, IBM, Instem, IQVIA, MasterControl Inc., Medidata Solutions Inc., MedNet Solutions Inc., Oracle Corporation, Parexel International Corp., RealTime Software Solutions LLC, Reify Health, Inc., Signant Health, Statsols, TrialKit, Veeva Systems Inc., and Other notable players.
Recent collaborations and agreements in the market:
• In December 2021, the market leader in clinical site technologies and consulting services for research quality and compliance, Advarra (US), introduced Advarra Cloud. The next-generation platform gives Advarra customers more alternatives for cloud deployment and provides apps in a user-friendly, fully managed environment.
• In April 2021, to serve international research sites and trial management teams, Bioclinica (US) unveiled a brand-new source document management system that combines cutting-edge software with redaction and translation services.
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Market Segments
Global Clinical Trials Software Market, by Type of Deployment, 2022-2030 (Value US$ Mn)
• On-cloud
• On-premises
Global Clinical Trials Software Market, by Type of Delivery, 2022-2030 (Value US$ Mn)
• Web-based
• Remote Monitoring
Global Clinical Trials Software Market, by Feature of Software, 2022-2030 (Value US$ Mn)
• EDC
• eCOA/ePRO
• eConsent
Global Clinical Trials Software Market, by End-Users, 2022-2030 (Value US$ Mn)
• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations (CROs)
• Medical Device Manufacturers
• Others
Global Clinical Trials Software Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Clinical Trials Software Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Clinical Trials Software Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Clinical Trials Software Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Clinical Trials Software Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Clinical Trials Software Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Clinical Trials Software market
 To receive an industry overview and future trends of the Clinical Trials Software market
 To analyze the Clinical Trials Software market drivers and challenges
 To get information on the Clinical Trials Software market value (US$ Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Clinical Trials Software market industry
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