"Designing Growth Strategies is in our DNA"

Clinical Trial Management System Market Size, Share and Analysis By Delivery Mode (On-premise and Cloud-based), By Component (Software and Services), By End-User (Pharmaceuticals, Clinical Research Organizations, and Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106929 | Status : Ongoing

 

KEY MARKET INSIGHTS

Clinical trials are research projects conducted on human subjects to assess a therapeutic, surgical, or behavioral intervention. They are the primary method researchers use to determine whether a new treatment, such as a new drug or medical device, is safe and efficient. The biotechnology and pharmaceutical sectors utilize the clinical trial management systems (CTMS), a tool to manage clinical trials. This system maintains and administers the planning, performing, and reporting functions along with participant contact details, tracking deadlines, and milestones.


The growing number of clinical trials, as well as government funding for research studies, are driving the development of the clinical trial management system market. The National Institutes of Health (NIH) invests approximately USD 41.7 billion in medical research for the benefit of the American people each year.

The clinical trial management system is also driven by an increase in chronic diseases and lifestyle-related disorders, and the number of clinical trials is increasing.


  • Recently, according to the WHO International Clinical Trials Registry Platform (ICTRP), there were approximately 12,869 clinical trials registered in 2016, which expected to reach 16,256 in 2020.

  • During the period 1999-2021, the United States of America (157,618) had the most trials (80,333), followed by China (80,333), and Japan (80,333).


Based on grants, contracts, and other funding mechanisms used across the National Institutes of Health (NIH), as well as disease burden data published by the National Center for Health Statistics (NCHS) at the Centers for Disease Control and Prevention, the table below shows the annual support level for various research, condition, and disease categories (CDC).


  • Estimates of Funding for Various Research, Condition, and Disease Categories (USD Million)






























































Research/Disease Areas


2017


2018


2019


2020


2021


Clinical Research


12,695


13,870


15,868


17,610


17,681


Genetics


8,501


9,105


9,864


10,544


11,010


Prevention


8,052


8,757


9,485


10,482


10,553


Neurosciences


7,317


8,224


9,468


10,122


10,716


Biotechnology


6,556


6,923


7,219


7,767


7,847


Cancer


5,980


6,335


6,520


7,035


7,362


Source: National Institutes of Health (2022)

Impact of COVID-19 on the Clinical Trial Management System Market


As a result, over the projection period, COVID-19 is expected to have a positive impact on market growth. In July 2020, IMPAQ launched a COVID-19 clinical trials tracker to increase access to the latest data on potential treatments.

Key Insights


The report will cover the following key insights:


  • Research funding for various therapeutic areas

  • Government initiatives to promote clinical trial research

  • Number of clinical trials by year in the WHO region

  • Impact of COVID-19 on the clinical trial management system market


Analysis by End User


Pharmaceuticals account for the largest proportion of the global clinical trial management system market.


  • The pharmaceutical sector spent USD 83 billion on research & development in 2019, according to the Congressional Budget Office.

  • Over the last decade, the number of new pharmaceuticals approved each year has increased as well. From 2010 through 2019, the Food and Drug Administration (FDA) approved an average of 38 new medications per year (with a high of 59 in 2018), which is 60% more than the previous decade's average.


Regional Analysis


To gain extensive insights into the market, Request for Customization


North America accounts for the largest share of the global clinical trial management system market due to the growing number of clinical trials and government funding for research studies. According to the WHO International Clinical Trials Registry Platform, around 10,870 clinical trials were registered in the United States in 2021, accounting for about 18.13 percent of all clinical trials registered worldwide.

Number of Trials by WHO Region (2021)


  • Western Pacific – 16,860

  • Europe – 14,879

  • Americas – 12,969

  • South-East Asia – 9,374

  • Africa – 851


Key Players Covered


The report will include the profiles of key players such as Oracle Corporation, Medidata Solutions, Parexel International, Bioclinica, IBM, Bio-Optronics, Datatrak, Veeva Systems, DSG, MasterControl, and among others.

Segmentation


















By Delivery Mode


By Component


By End-User


By Geography



  • On-premise

  • Cloud-based




  • Software

  • Services




  • Pharmaceuticals

  • Clinical Research Organizations

  • Others




  • North America (U.S. and Canada)

  • Europe (Germany, U.K., France, Italy, Spain, and the Rest of Europe)

  • Asia Pacific (China, India, Australia, and the Rest of Asia Pacific)

  • Middle East & Africa (UAE, South Africa, and the Rest of the MEA)

  • Latin America (Brazil, Mexico, and the Rest of LATAM  



Key Industry Developments



  • ERT launched Data Insights to its Trial Oversight Solution in December 2020, allowing users to discover and manage endpoint data while collecting data.

  • eClinical Solutions launched the Elluminate Clinical Trial Management System (CTMS) for Faster Drug Development in February 2021.

  • Bristol Myers Squibb is using Veeva Vault CTMS globally in April 2022 to drive end-to-end trial management.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Jubilant
abbvie
Ipsos
Ansell
Styker

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X