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The global clinical trial management system (CTMS) market is expected to reach a substantially large market size in 2027
NEW YORK, NY, UNITED STATES, March 22, 2022 /EINPresswire.com / -- A novel report on global Clinical Trial Management System (CTMS) market forecast to 2028 is published by Reports and Data that offer a general overview of the global Clinical Trial Management System (CTMS) industry along with latest and emerging trends. The report sheds light on the market size, revenue growth, drivers, restraints, challenges and growth opportunities to help readers, users, and investors understand the market scenario accurately. The report is curated with thorough primary and secondary research which is later evaluated by experts and professionals in the industry. The data is well-presented in the form of diagrams, charts and other pictorial presentations. The report also provides details about top companies in the market.
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Leading companies operating in the market and profiled in the report include:
Oracle Corporation
Merge Healthcare Incorporated
Medidata Solutions
PAREXEL International Corporation
MedNet Solutions
Bio-Optronics
Forte Research Systems
ERT Clinical
DATATRAK International
Bioclinica
Market Overview:
The pharmaceutical and healthcare sector is rapidly expanding in terms of revenue in the recent years and is expected to register robust CAGR over the forecast period of 2028. Factors such as rapid advancements in the pharma and healthcare sector, adoption of latest technologies, tools and equipment, emergence of various new diseases and improvements in healthcare facilities and infrastructure. In addition, rising healthcare expenditure, increasing per capita income in the developing countries and favorable reimbursement policies are fueling market growth. Increasing funds by various public and private sectors and increasing investments to develop enhanced products and devices are also boosting market growth. Moreover, increasing preference for ambulatory services and point of care services, and increasing funds for research centers and hospitals for drug discovery is expected to fuel market growth going ahead.
Competitive Landscape:
The report provides details about competitive landscape of global Clinical Trial Management System (CTMS) market focusing on every market player, its global position, revenue generation product portfolio, company overview, financial planning and business expansion plans. The global Clinical Trial Management System (CTMS) market is quite competitive and comprises various key players at global and regional levels. Key players are investing in research and development activities, and strategizing various plans such as mergers and acquisitions, partnerships, joint ventures, new product launches, to enhance their product base and strengthen their market position.
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Clinical Trial Management System (CTMS) Market Segmentation:
By Delivery Mode (Revenue, USD Billion; 2017-2027)
Web-based CTMS
Licensed Enterprise CTMS
Cloud-based CTMS
By End-user (Revenue, USD Billion; 2017-2027)
Pharmaceutical & Biopharmaceutical Companies
Contract Research Organizations
Medical Device Companies
Hospitals
Academic Research Centers
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Regional Outlook:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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