The major factors driving the growth of the CTMS market include the significant partnerships between Asian CROs and pharma companies, rising number of clinical trials in both developing and developed nations, availability of advanced and upgraded CTMS solutions, and rising government support for clinical trials in Asian countries.

The global clinical trial management system market is expected to reach USD 1,065.6 million by 2022 from USD 590.0 million in 2017, at a CAGR of 12.6%.

Target Audience:

# Healthcare IT service providers
# Pharmaceutical/biopharmaceutical companies
# Clinical research organizations
# Research and development (R&D) companies
# Medical device companies
# Business research and consulting service providers
# Academic medical centers/universities/hospitals

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Critical Questions This Report Answers:

# Which of the end user segments would be driving the market growth during next decade for these software solutions; especially in Emerging countries?

# Emerging countries have immense opportunities for the growth of web-based (on-demand) segment, will this scenario continue?

# The enterprise-wise CTMS segment is expected to command the largest share across matured countries; how relevant On-Site CTMS solutions would be with changing user preferences?

# By how much is the clinical trial data management software segment larger than the services segment during 2017-2022?

Geographically, the CTMS market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America is expected to account for the largest share of the global CTMS market during the forecast period (2017-2027). Factors such as rising number of on-going clinical trials (especially in the US), presence of leading players from both demand and supply sides, and government funding for clinical research are contributing to the large share of the North American region.

Analysis of the market developments between 2014 and 2017 revealed that several growth strategies such as product launches, enhancements, strategic acquisitions, agreements, partnerships, collaborations, and expansions were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the CTMS market. Among these business strategies, product enhancements, agreements, and partnerships were the most widely adopted growth strategies by the players in the CTMS market.

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