Market Overview:
The global clinical trial management systems market reached a value of US$ 927.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,840.40 Million by 2027 exhibiting a CAGR of 11.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A clinical trial management system (CTMS) refers to a suite of tools used to effectively plan, track, and manage clinical trials in medical research studies. It includes start-up timelines, monitoring and reporting protocol information and accrual data, financial management and billing compliance, and reporting and business analytics. It also comprises shared study calendars and standardized billing processes, including invoicing and subject visit tracking. Consequently, medical researchers worldwide are relying on CTMS to access transparent and unified critical components of study management and facilitate the transfer of patient data.
Clinical Trial Management Systems Market Trends:
Biotech, pharmaceuticals, and other research-focused life science organizations run complicated clinical trials for developing new medicines and devices that help cure various chronic diseases. In recent years, these clinical trials have become more intricate due to high research and development (R&D) costs, massive data generation, and the incorporation of advanced technologies. Consequently, there is a rise in the demand for CTMS as it serves as a centralized, web-based enterprise resource to support complex clinical research studies in real-time. Apart from this, the outbreak of coronavirus disease (COVID-19) is positively influencing the need for cloud-based CTMS to conduct clinical trials of medical products, which play a pivotal role in treating critical patients. Moreover, the growing prevalence of new infectious and chronic diseases is augmenting the adoption of advanced diagnostics and drug discovery tools, which, in turn, is acting as another growth-inducing factor. In line with this, the increasing aging population, in confluence with the rising preferences for regenerative medicine and personalized treatment, is contributing to the market growth. Besides this, market players are developing automated CTMS solutions for improving productivity, study reconciliation, and data quality, which is anticipated to create a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global clinical trial management systems market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment mode and end user.
Breakup by Component:
Breakup by Deployment Mode:
- Web-based CTMS
- On-premise
- Cloud-based CTMS
Breakup by End User:
- Pharmaceutical and Biotechnology Firms
- Contract Research Organizations
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 Systèmes SE), MedNet Solutions Inc., Oracle Corporation, Parexel International Corporation, RealTime Software Solutions LLC and Veeva Systems Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Component, Deployment Mode, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
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 Systèmes SE), MedNet Solutions Inc., Oracle Corporation, Parexel International Corporation, RealTime Software Solutions LLC and Veeva Systems Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global clinical trial management systems market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global clinical trial management systems market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global clinical trial management systems market and who are the key players?
- What is the degree of competition in the industry?
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
9.2 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
9.3 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
9.4 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
9.5 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 Systèmes 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
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$), 2016-2021
Figure 3: Global: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Clinical Trial Management Systems Market: Breakup by Component (in %), 2021
Figure 5: Global: Clinical Trial Management Systems Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Clinical Trial Management Systems Market: Breakup by End User (in %), 2021
Figure 7: Global: Clinical Trial Management Systems Market: Breakup by Region (in %), 2021
Figure 8: Global: Clinical Trial Management Systems (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Clinical Trial Management Systems (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Clinical Trial Management Systems (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Clinical Trial Management Systems (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Clinical Trial Management Systems (Web-based CTMS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Clinical Trial Management Systems (Web-based CTMS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Clinical Trial Management Systems (On-premise) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Clinical Trial Management Systems (On-premise) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Clinical Trial Management Systems (Cloud-based CTMS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Clinical Trial Management Systems (Cloud-based CTMS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Clinical Trial Management Systems (Pharmaceutical and Biotechnology Firms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Clinical Trial Management Systems (Pharmaceutical and Biotechnology Firms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Clinical Trial Management Systems (Contract Research Organizations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Clinical Trial Management Systems (Contract Research Organizations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Clinical Trial Management Systems (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Clinical Trial Management Systems (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Canada: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Canada: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia-Pacific: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: China: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: China: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Japan: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Japan: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South Korea: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South Korea: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Australia: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Australia: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Indonesia: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Indonesia: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Others: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Others: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Germany: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Brazil: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Brazil: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Mexico: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Mexico: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Middle East and Africa: Clinical Trial Management Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: Clinical Trial Management Systems Market: Breakup by Country (in %), 2021
Figure 72: Middle East and Africa: Clinical Trial Management Systems Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Clinical Trial Management Systems Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Clinical Trial Management Systems Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Clinical Trial Management Systems Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Clinical Trial Management Systems Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Clinical Trial Management Systems Market: Competitive Structure
Table 7: Global: Clinical Trial Management Systems Market: Key Players