Clinical Trial Management System Market: Trends, Size, Share and Analysis to 2019

Clinical Trial Management System - Global study on Clinical Trial

Management System by 2019

Persistence Market Research

Clinical Trial Management System Market

expected to hit US$1.8 bn by 2019 at a 14.0%

CAGR - Persistence Market Research

Persistence Market Research

1

Clinical Trial Management System - Global study on Clinical Trial

Management System by 2019

Persistence Market Research Released New Market Report “global clinical trial management

system market. As per the report, the global clinical trial management system market

stood at US$0.8 bn in 2013 and is expected to reach US$1.8 bn by 2019 at a 14.0% CAGR.

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Clinical trial management system (CTMS) is a software solution for proper management,

storage and analysis of drugs associated clinical data. Globally, the microfluidic device

market

is

witnessing

significant

growth

due

to

increasing

R&D

investment

in

pharmaceuticals, life science, and rising point of care testing demand. New trends in

healthcare, such as health care at home, supports point of care testing (POCT) as the most

efficient and effective delivery of healthcare.

The presence of various end users such as pharmaceuticals, clinical research organizations

(CRO) and healthcare providers has increased the acceptance of CTMS. The CTMS market

was estimated to be USD 844 million in 2013. It is likely to grow at a CAGR of 14% during

2013 to 2019 to reach USD 1,848.5 million in 2019.

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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...