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Global Clinical Trial Management System Market Report

  • Report Code: IQ1150
  • Published Date: November, 2022
  • Pages: 104

Industry Overview

The Clinical Trial Management System market was valued at $771.2 Million in 2022, and is projected to reach $1,923.3 Million by 2032 growing at a CAGR of 9.63% from 2023 to 2032.A clinical trial management system (CTMS) is a software platform that is used to manage the administrative, logistical, and regulatory aspects of clinical trials. The main drivers for the CTMS market are the increasing number of clinical trials being conducted globally, the need for better management of these trials, and the growing focus on compliance with regulatory requirements. Some of the key trends in the CTMS market include the increasing use of cloud-based systems, the integration of CTMS with other clinical trial-related systems such as electronic data capture (EDC) and electronic patient reported outcomes (ePRO), and the development of mobile and patient-centric solutions. There are several companies that offer CTMS solutions, including: Medidata Solutions: Medidata is a leading provider of CTMS and other clinical trial management solutions. The company's CTMS platform, Medidata Rave, is used by many of the top pharmaceutical companies and contract research organizations (CROs). Veeva Systems: Veeva offers a cloud-based CTMS platform called Veeva CTMS that is designed to help sponsors and CROs manage all aspects of clinical trials. Forte Research Systems: Forte offers a CTMS platform called OnCore that is used by academic medical centers and research institutions to manage clinical trials. BioClinica: BioClinica offers a CTMS platform called TrialMaster that is used by pharmaceutical and biotech companies to manage clinical trials. ArisGlobal: ArisGlobal offers a CTMS platform called LifeSphere CTMS that is used by pharmaceutical, biotech, and medical device companies to manage clinical trials. In recent years, these and other companies have made efforts to enhance their CTMS platforms through the development of new features and the acquisition of other clinical trial management solutions.

 

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