Clinical trial management (CTM) is a software used for managing clinical trials of biotechnological and pharmaceutical industries. The efficiency of the system is to maintain and manage updated clinical trial data. Several compounds are being screened and then assessed in the R&D procedure, which will ultimately benefit the biotechnology industries.
Latest development
One of the major trends that has come up is the outsourcing of clinical trials and the introduction of the electronic records; these trends have lowered the cost of data management in clinical trials.
Market Insights
The global market for clinical trial management system is expected to reach USD 2 billion by the end of 2020, at a CAGR of 12.5% from 2017 to 2022.
Get the Full Report Here: Global Market Clinical Trial Management System
The global clinical trial management system market is segmented by delivery mode (web-based clinical trial management system, on-premise clinical trial management system, and cloud-based clinical trial management system), components (software, hardware, and services), end user (pharmaceuticals & biotechnology companies and healthcare providers, research hospitals, clinics, academic medical centers, and cancer centers), type (site-based clinical trial management system and licensed enterprise-based clinical trial management system), application (patient management solution, site management solution, data management solution, and document management solution). The report provides in-depth analysis of clinical trial management in the different geographical locations, namely North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The segment on North America includes Canada, the United States, and Mexico. The European region includes the United Kingdom, Germany, France, Italy, Spain, and the Rest of Europe. Asia-Pacific includes Australia, New Zealand, China, India, Japan, South Korea, and the Rest of Asia-Pacific. Middle East & Africa (MEA) includes GCC, South Africa, and the Rest of MEA. South America includes Brazil, Argentina, and the Rest of South America. The report includes competitive vendor landscape while considering major companies, such as Merge Healthcare, Sparta Systems, BioClinica, Forte Research Systems, and others.
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