Clinical Trial Management System (CTMS) Market Projected to Reach USD 2.95 Billion by 2022

Hostile competition among the biotechnology & pharmaceutical companies, the emergence of novel drug and to gain market advantage from first to market strategy are the prime drivers for the clinical trial management system (CTMS) market.

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Chicago, IL -- (SBWire) -- 02/22/2017 --According to the new market research report, "Clinical Trial Management System (CTMS) Market, by Components (Software, Service), Delivery Modes (Web-based, On-premises, Cloud-based), Types (Enterprises, Site), End-users (Pharmaceutical and Biotechnology Companies, Clinical Research Organization, Medical Device Companies) Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", published by Scalar Market Research, the global clinical trial management system (CTMS) market is expected to grow at a healthy CAGR of 14.30% from 2016 to 2022. At the expected CAGR, the clinical trial management system (CTMS) market is expected to grow from USD 1.32 billion in 2016 and reach USD 2.95 billion in 2022.

The global clinical trial management system (CTMS) market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.

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Key findings of the report:

- Global clinical trial management system (CTMS) market is expected to be driven by the strong competition among the pharmaceutical and biotechnology companies and the rapid emergence of the novel drugs.

- The growth in the competition to implement the first-to-market strategy among the key players is also anticipated to be one of the major drivers for the clinical trial management system (CTMS) market during the forecast period.

- The growing competition to gain market advantage through the first-to-market strategy is also one of the primary drivers for the clinical trial management system (CTMS) market.

In-depth segmentation analysis of the clinical trial management system (CTMS) market

The report provides detailed analysis of the market segmentation for CTMS. The report broadly segments the clinical trial management system market by components, delivery modes, types, end-users, and the major geographic regions. The component segment of the market is further divided into services and software. The delivery mode segment is further divided into on-premise, web-based, and cloud-based clinical trial management systems.

Browse Report Summary: https://www.scalarmarketresearch.com/market-reports/clinical-trial-management-system-ctms-market

The type segment of the market is further divided into site CTMS and enterprise CTMS. The report further divides the end-user segment into clinical research organizations, pharmaceutical and biotechnology companies, and medical device companies. The clinical trial management system (CTMS) market is segmented across four geographic regions, which include North America, Europe, Asia-Pacific, and Rest of the World.

Key Benefits of the Report:

- The report offers thorough quantitative analysis of the current and future market trends to showcase the revenue caliber of the clinical trial management system (CTMS) market

- The report offers in-depth analysis of the key drivers and restraints affecting the global market during the next few years

- The report provides clear understanding of the roles of the key players and stakeholders involved in the clinical trial management system (CTMS) market

Key Topics Covered:

-Market Overview
-Executive Summary
-Market Dynamics
-Industry Analysis
-Clinical Trial Management System (CTMS) Market, By Components
-Clinical Trial Management System (CTMS) Market, By Delivery Modes
-Clinical Trial Management System (CTMS) Market, By Types
-Clinical Trial Management System (CTMS) Market, By End-Users
-Clinical Trial Management System (CTMS) Market, By Geography
-Competitive Landscape

Key Market Players:

PAREXEL International Corporation
Medidata Solutions, Inc.
Bio-Optronics, Inc.
Bioclinica.
Merge Healthcare Incorporated
ERT Clinical
eClinForce, Inc.
DATATRAK International Inc.
DSG, Inc.
Veeva Systems

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