PUBLISHER: IMARC | PRODUCT CODE: 1298646
PUBLISHER: IMARC | PRODUCT CODE: 1298646
Clinical Trial Management Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global clinical trial management systems market size reached US$ 1,033.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,953.4 Million by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028. The growing demand for efficient clinical trials, rising pressure from regulatory agencies to ensure compliance with regulations, and extensive research and development activities represent some of the key factors driving the market.
Clinical trial management systems (CTMS) are computer-operated software systems that are widely utilized to streamline the clinical trial process. They are designed to help companies manage their clinical trials more efficiently by reducing costs and maintaining the quality and safety of the trial results. They have modules for tracking patient data, managing clinical trial documents, tracking clinical trial activities, scheduling appointments, and managing communication between clinical trial sites and sponsors. They also provide a variety of reports and analytics options to assist companies in better understanding the clinical trial performance and making informed decisions. They aid companies in better managing their clinical trials while ensuring the clinical trial results are of the highest quality and safety. Due to the increasing complexities in clinical trials, there has been a considerable increase in the demand for clinical trial management systems across the globe.
Clinical Trial Management Systems Market Trends:
The escalating demand for efficient clinical trials majorly drives the global market. Additionally, numerous pharmaceutical and biotechnology companies are focusing on improving the efficiency of their clinical trials, in order to reduce costs and speed up the development of new treatments, which is providing a boost to the market. Since, clinical trial management systems help to streamline clinical trial processes, reduce the number of errors, and improve overall data accuracy, are propelling demand on the global level. With the widespread adoption of clinical trial management systems with a view to enhancing patient engagement by providing patients with access to their data and allowing them to see how their data is being used in the clinical trial is impacting the market favorably. Along with this, the rising pressure from regulatory agencies to ensure compliance with regulations is also positively influencing the market. In line with this, clinical trial management systems help organizations to ensure that they meet all regulatory requirements, such as data collection and reporting, efficiently and cost-effectively, which is acting as another growth-inducing factor. Furthermore, the growing adoption of CTMS to facilitate collaboration between healthcare organizations and research teams for effective clinical trials is creating a positive market outlook. Some of the other factors driving the market include continual technological advancements and continual improvements in healthcare infrastructure.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global clinical trial management systems market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode and end user.
Component Insights:
Software
Services
The report has provided a detailed breakup and analysis of the clinical trial management systems market based on the component. This includes software and services. According to the report, software is dominating the total market share.
Deployment Mode Insights:
Web-based CTMS
On-premise
Cloud-based CTMS
A detailed breakup and analysis of the clinical trial management systems market based on the deployment mode have also been provided in the report. This includes web-based CTMS, on-premise, and cloud-based CTMS. According to the report, web-based CTMS accounted for the largest market.
End User Insights:
Pharmaceutical and Biotechnology Firms
Contract Research Organizations
Others
The report has provided a detailed breakup and analysis of the clinical trial management systems market based on the component. This includes pharmaceutical and biotechnology firms, contract research organizations, and others. according to the report, pharmaceutical and biotechnology firms represent the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America holds the leading position in the market for clinical trial management systems. Some of the factors driving the North America clinical trial management systems market included continual technological advancements and the presence of large players.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global clinical trial management systems market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Advarra Inc., ArisGlobal LLC, BioClinica Inc., DataTrak International Inc., DZS Clinical Services Inc. (WDB Holdings Co. Ltd.), International Business Machines Corporation, Medidata Solutions Inc. (Dassault Systemes SE), MedNet Solutions Inc., Oracle Corporation, Parexel International Corporation, RealTime Software Solutions LLC and Veeva Systems Inc.
Key Questions Answered in This Report
1. What was the size of the global clinical trial management systems market in 2022?
2. What is the expected growth rate of the global clinical trial management systems market during 2023-2028?
3. What has been the impact of COVID-19 on the global clinical trial management systems market?
4. What are the key factors driving the global clinical trial management systems market?
5. What is the breakup of the global clinical trial management systems market based on the component?
6. What is the breakup of the global clinical trial management systems market based on the deployment mode?
7. What is the breakup of the global clinical trial management systems market based on the end user?
8. What are the key regions in the global clinical trial management systems market?
9. Who are the key players/companies in the global clinical trial management systems market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Clinical Trial Management Systems Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Software
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
- 7.1 Web-based CTMS
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 On-premise
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Cloud-based CTMS
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by End User
- 8.1 Pharmaceutical and Biotechnology Firms
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Contract Research Organizations
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Advarra Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 ArisGlobal LLC
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 BioClinica Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 SWOT Analysis
- 14.3.4 DataTrak International Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 DZS Clinical Services Inc. (WDB Holdings Co. Ltd.)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 International Business Machines Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Medidata Solutions Inc. (Dassault Systemes SE)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 SWOT Analysis
- 14.3.8 MedNet Solutions Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Oracle Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Parexel International Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 SWOT Analysis
- 14.3.11 RealTime Software Solutions LLC
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Veeva Systems Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Advarra Inc.
List of Figures
- Figure 1: Global: Clinical Trial Management Systems Market: Major Drivers and Challenges
- Figure 2: Global: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Clinical Trial Management Systems Market: Breakup by Component (in %), 2022
- Figure 5: Global: Clinical Trial Management Systems Market: Breakup by Deployment Mode (in %), 2022
- Figure 6: Global: Clinical Trial Management Systems Market: Breakup by End User (in %), 2022
- Figure 7: Global: Clinical Trial Management Systems Market: Breakup by Region (in %), 2022
- Figure 8: Global: Clinical Trial Management Systems (Software) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Clinical Trial Management Systems (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Clinical Trial Management Systems (Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Clinical Trial Management Systems (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Clinical Trial Management Systems (Web-based CTMS) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Clinical Trial Management Systems (Web-based CTMS) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Clinical Trial Management Systems (On-premise) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Clinical Trial Management Systems (On-premise) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Clinical Trial Management Systems (Cloud-based CTMS) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Clinical Trial Management Systems (Cloud-based CTMS) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Clinical Trial Management Systems (Pharmaceutical and Biotechnology Firms) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Clinical Trial Management Systems (Pharmaceutical and Biotechnology Firms) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Clinical Trial Management Systems (Contract Research Organizations) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Clinical Trial Management Systems (Contract Research Organizations) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Clinical Trial Management Systems (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Clinical Trial Management Systems (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: North America: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: North America: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: United States: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: United States: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Canada: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Canada: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Asia-Pacific: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Asia-Pacific: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: China: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: China: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Japan: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Japan: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: India: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: India: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: South Korea: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: South Korea: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Australia: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Australia: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Indonesia: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Indonesia: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Others: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Others: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Europe: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Europe: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Germany: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Germany: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: France: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: France: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: United Kingdom: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: United Kingdom: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Italy: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Italy: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Spain: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Spain: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Russia: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Russia: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Latin America: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Latin America: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Brazil: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Brazil: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Mexico: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Mexico: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Clinical Trial Management Systems Market: Breakup by Country (in %), 2022
- Figure 72: Middle East and Africa: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Global: Clinical Trial Management Systems Industry: SWOT Analysis
- Figure 74: Global: Clinical Trial Management Systems Industry: Value Chain Analysis
- Figure 75: Global: Clinical Trial Management Systems Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Clinical Trial Management Systems Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Clinical Trial Management Systems Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: Clinical Trial Management Systems Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
- Table 4: Global: Clinical Trial Management Systems Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Clinical Trial Management Systems Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Clinical Trial Management Systems Market: Competitive Structure
- Table 7: Global: Clinical Trial Management Systems Market: Key Players
