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Market Research Report

Global Risk-based Monitoring Software Market Size study, By Type, By Component, Delivery Mode (Web-Based, Licensed Enterprise, Cloud-Based, By End-User and Regional Forecasts 2020-2027

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Global Risk-based Monitoring Software Market Size study, By Type, By Component, Delivery Mode (Web-Based, Licensed Enterprise, Cloud-Based, By End-User and Regional Forecasts 2020-2027
Published: August 28, 2020 Content info:
Description

Title:
Global Risk-based Monitoring Software Market Size study, By Type (Enterprise RBM Software and Site RBM Software), By Component (Solutions and services), Delivery Mode (Web-Based (On-Demand), Licensed Enterprise (On-Premises), Cloud-Based (SAAS), By End-User (Pharmaceutical & Biopharmaceutical Companies, Contract Research Organizations (CROS), Medical Device Companies and Others) and Regional Forecasts 2020-2027.

Global Risk-based Monitoring Software Market is valued approximately USD 241 million in 2019 and is anticipated to grow with a healthy growth rate of more than 13.30 % over the forecast period 2020-2027. Risk-based Monitoring Software ensures the quality of clinical trials by assessing, identifying, mitigating and monitoring the risks that could affect the quality or safety of a study. Also, it is a powerful technology, technology-based approach that maximize the use of the company's data allowing to make smarter decisions related to allocation of resources. In addition, effective monitoring of clinical trials is a significant step while conducting quality studies and protecting human subjects. As a result, monitoring procedures such as risk-based monitoring systems ensure subject safety and clinical studies quality, making them essential components of the process. The growth of the market is witnessed due to the rising number of clinical trials and rising government grants and funding to support clinical trials. As per the data published by Statista as of October 2019, there were around 318,901 thousand clinical studies registered globally which was earlier approx. 2,119 in 2000. As clinical trials have grown more complex in recent years and is considered as a vital for the research and development of new drugs and products. Thus, the need for risk-based monitoring software is observed as it provides information on tools available for risk monitoring, assessment and other relevant details as user feedback and links. However, high implementation costs is hampering the growth of this market. Further, the key players are focusing on strategies such as merger & acquisition, innovation and product launch, to sustain themselves amidst fierce competition.

The regional analysis of global Risk-based Monitoring Software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region as increased adoption of RBM software solutions for clinical trials. Also, increasing presence of Risk-based Monitoring Software vendors, is expected to create positive outlook for the growth of the region. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:

Oracle Corporation

Medidata Solutions

IBM Corporation

Datatrak

Veeva Systems

Techsol Corporation

Mednet Solutions

Covance Inc.

CRF Health

Arisglobal

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Enterprise RBM Software

Site RBM Software

By Components:

Solutions

Services

By Delivery Mode:

Web-Based (On-Demand)

Licensed Enterprise (On-Premises)

Cloud-Based (SAAS)

By End-User:

Pharmaceutical & Biopharmaceutical Companies

Contract Research Organizations (CROS)

Medical Device Companies

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018

Base year - 2019

Forecast period - 2020 to 2027

Target Audience of the Global Risk-based Monitoring Software Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
    • 1.2.1. Risk-based Monitoring Software Market, by Region, 2018-2027 (USD Million)
    • 1.2.2. Risk-based Monitoring Software Market, by Type, 2018-2027 (USD Million)
    • 1.2.3. Risk-based Monitoring Software Market, by Component, 2018-2027 (USD Million)
    • 1.2.4. Risk-based Monitoring Software Market, by Delivery Mode, 2018-2027 (USD Million)
    • 1.2.5. Risk-based Monitoring Software Market, by, End-User 2018-2027 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Risk-based Monitoring Software Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Risk-based Monitoring Software Market Dynamics

  • 3.1. Risk-based Monitoring Software Market Impact Analysis (2018-2027)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Risk-based Monitoring Software Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Risk-based Monitoring Software Market, by Type

  • 5.1. Market Snapshot
  • 5.2. Global Risk-based Monitoring Software Market by Type, Performance - Potential Analysis
  • 5.3. Global Risk-based Monitoring Software Market Estimates & Forecasts by Type 2017-2027 (USD Million)
  • 5.4. Risk-based Monitoring Software Market, Sub Segment Analysis
    • 5.4.1. Enterprise RBM Software
    • 5.4.2. Site RBM Software

Chapter 6. Global Risk-based Monitoring Software Market, by Component

  • 6.1. Market Snapshot
  • 6.2. Global Risk-based Monitoring Software Market by Component, Performance - Potential Analysis
  • 6.3. Global Risk-based Monitoring Software Market Estimates & Forecasts by Component 2017-2027 (USD Million)
  • 6.4. Risk-based Monitoring Software Market, Sub Segment Analysis
    • 6.4.1. Solutions
    • 6.4.2. Services

Chapter 7. Global Risk-based Monitoring Software Market, by Delivery Mode

  • 7.1. Market Snapshot
  • 7.2. Global Risk-based Monitoring Software Market by Delivery Mode , Performance - Potential Analysis
  • 7.3. Global Risk-based Monitoring Software Market Estimates & Forecasts by Delivery mode 2017-2027 (USD Million)
  • 7.4. Risk-based Monitoring Software Market, Sub Segment Analysis
    • 7.4.1. Web-Based (On-Demand)
    • 7.4.2. Licensed Enterprise (On-Premises)
    • 7.4.3. Cloud-Based (SAAS)

Chapter 8. Global Risk-based Monitoring Software Market, by End-user

  • 8.1. Market Snapshot
  • 8.2. Global Risk-based Monitoring Software Market by End-User, Performance - Potential Analysis
  • 8.3. Global Risk-based Monitoring Software Market Estimates & Forecasts by End-User 2017-2027 (USD Million)
  • 8.4. Risk-based Monitoring Software Market, Sub Segment Analysis
    • 8.4.1. Pharmaceutical & Biopharmaceutical Companies
    • 8.4.2. Contract Research Organizations (CROS)
    • 8.4.3. Medical Device Companies
    • 8.4.4. Others

Chapter 9. Global Risk-based Monitoring Software Market, Regional Analysis

  • 9.1. Risk-based Monitoring Software Market, Regional Market Snapshot
  • 9.2. North America Risk-based Monitoring Software Market
    • 9.2.1. U.S. Risk-based Monitoring Software Market
      • 9.2.1.1. Type breakdown estimates & forecasts, 2017-2027
      • 9.2.1.2. Component breakdown estimates & forecasts, 2017-2027
      • 9.2.1.3. Delivery mode breakdown estimates & forecasts, 2017-2027
      • 9.2.1.4. End-User breakdown estimates & forecasts, 2017-2027
    • 9.2.2. Canada Risk-based Monitoring Software Market
  • 9.3. Europe Risk-based Monitoring Software Market Snapshot
    • 9.3.1. U.K. Risk-based Monitoring Software Market
    • 9.3.2. Germany Risk-based Monitoring Software Market
    • 9.3.3. France Risk-based Monitoring Software Market
    • 9.3.4. Spain Risk-based Monitoring Software Market
    • 9.3.5. Italy Risk-based Monitoring Software Market
    • 9.3.6. Rest of Europe Risk-based Monitoring Software Market
  • 9.4. Asia-Pacific Risk-based Monitoring Software Market Snapshot
    • 9.4.1. China Risk-based Monitoring Software Market
    • 9.4.2. India Risk-based Monitoring Software Market
    • 9.4.3. Japan Risk-based Monitoring Software Market
    • 9.4.4. Australia Risk-based Monitoring Software Market
    • 9.4.5. South Korea Risk-based Monitoring Software Market
    • 9.4.6. Rest of Asia Pacific Risk-based Monitoring Software Market
  • 9.5. Latin America Risk-based Monitoring Software Market Snapshot
    • 9.5.1. Brazil Risk-based Monitoring Software Market
    • 9.5.2. Mexico Risk-based Monitoring Software Market
  • 9.6. Rest of The World Risk-based Monitoring Software Market

Chapter 10. Competitive Intelligence

  • 10.1. Top Market Strategies
  • 10.2. Company Profiles
    • 10.2.1. Oracle Corporation
      • 10.2.1.1. Key Information
      • 10.2.1.2. Overview
      • 10.2.1.3. Financial (Subject to Data Availability)
      • 10.2.1.4. Product Summary
      • 10.2.1.5. Recent Developments
    • 10.2.2. Medidata Solutions
    • 10.2.3. IBM Corporation
    • 10.2.4. Datatrak
    • 10.2.5. Veeva Systems
    • 10.2.6. Techsol Corporation
    • 10.2.7. Mednet Solutions
    • 10.2.8. Covance Inc.
    • 10.2.9. CRF Health
    • 10.2.10. Arisglobal

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
  • 11.3. Research Assumption

LIST OF FIGURES

  • FIG 1. Global Risk-based Monitoring Software market, research methodology
  • FIG 2. Global Risk-based Monitoring Software market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Risk-based Monitoring Software market, key trends 2019
  • FIG 5. Global Risk-based Monitoring Software market, growth prospects 2020-2027
  • FIG 6. Global Risk-based Monitoring Software market, porters 5 force model
  • FIG 7. Global Risk-based Monitoring Software market, pest analysis
  • FIG 8. Global Risk-based Monitoring Software market, value chain analysis
  • FIG 9. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 10. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 11. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 12. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 13. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 14. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 15. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 16. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 17. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 18. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 19. Global Risk-based Monitoring Software market by segment, 2017 & 2027 (USD Million)
  • FIG 20. Global Risk-based Monitoring Software market, regional snapshot 2017 & 2027
  • FIG 21. North America Risk-based Monitoring Software market 2017 & 2027 (USD Million)
  • FIG 22. Europe Risk-based Monitoring Software market 2017 & 2027 (USD Million)
  • FIG 23. Asia Pacific Risk-based Monitoring Software market 2017 & 2027 (USD Million)
  • FIG 24. Latin America Risk-based Monitoring Software market 2017 & 2027 (USD Million)
  • FIG 25. Global Risk-based Monitoring Software market, company market share analysis (2019)
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