DUBLIN, June 30. 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/kzl2xt/clinical_trial) has announced the addition of the "2014 Report on the International Clinical Trial Management System Market - Forecast to 2019" report to their offering.
Clinical trial management system (CTMS) is a software solution for proper management, storage and analysis of drugs associated clinical data. Globally, the CTMS market is witnessing significant growth due to increasing R&D investment in pharmaceutical, life science and clinical research industries.
It empowers organizations and research centers to enhance productivity and effectiveness of clinical trials by advancing and managing clinical trials. Integration of CTMS with HIS provides more accurate and time saving documentation, and it is also one of the major driving factors for the growth of the CTMS market.
Additionally, increasing prevalence of diseases is supporting clinical trials in different regions, and increased clinical research outsourcing is playing a major role in the growth of the CTMS market. Presence of various end users such as pharmaceuticals, clinical research organizations (CRO) and healthcare providers has increased the acceptance of CTMS.
North America has the largest market share in the global CTMS market. Web based CTMS is the largest mode of delivery and pharmaceutical industry is the largest end user of CTMS. In terms of growth, Asia is the fastest growing region, cloud based CTMS is the fastest growing mode of delivery and CRO's are the fastest growing end users of CTMS.
North American market for CTMS was estimated at USD 514.4 million in 2013 and is expected to reach USD 1,107.5 million in 2019, growing at a CAGR of 13.6% from 2013 to 2019. Software segment was estimated at USD 585 million in 2013 and is expected to reach USD 1,274.2 million in 2019, growing at a CAGR of 13.9% from 2013 to 2019.
Oracle Corporation and PAREXEL are leading players in the market. Other major players of clinical trial management system market include BioClinica, MedNet, eClinforce, Bio-Optronics, Forte Research and DSG.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Market Trends
Chapter 5 Porters Five Force Analysis
Chapter 6 Global Market Size and Forecast
Chapter 7 Segment Analysis by Delivery Mode
Chapter 8 Segment Analysis by End User
Chapter 9 Segment Analysis by Type
Chapter 10 Segment Analysis by Components
Chapter 11 Regional Analysis
Chapter 12 Competitive Landscape
Chapter 13 Company Profiles
- Forte Research Systems
- MedNet Solutions
- Merge Healthcare Inc.
- Oracle Corporation
- PAREXEL International Corporation
For more information visit http://www.researchandmarkets.com/research/kzl2xt/clinical_trial
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SOURCE Research and Markets