The key players operating in the global clinical trials management system market include Oracle Corporation, Merge Healthcare Incorporated, Medidata Solutions, Inc., PAREXEL International Corporation, MedNet Solutions, Inc., Bio-Optronics, Inc., Forte Research Systems, Inc., ERT Clinical, DATATRAK International, Inc., and Bioclinica.

Portland, OR -- (SBWire) -- 08/29/2017 --Clinical trial management system (CTMS) is a software used for managing clinical trials of biotechnology and pharmaceutical industries. The high efficiency of the system to maintain & manage plans, perform & report functions, as well as store participant contact information, and track deadlines boost the market growth.

The global clinical trials management market is driven by increase in adoption of clinical trial management system(CTMS) in clinical trials, growth in the number of clinical trials, surge in the number of product launches, favorable government initiatives supporting the use of CTMS, and rise in R&D activities expenditure of pharmaceutical and bio-pharmaceutical companies. However, dearth of skilled professionals to operate advanced CTMS solutions and high cost of CTMS solutions restrain the market growth. Conversely, development of advanced software with high accuracy and efficiency provides lucrative opportunities for the market growth.

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The global clinical trials management system market is segmented on the basis of product, component, mode of delivery, end user, and geography. Based on type, it is bifurcated into enterprise CTMS and site CTMS. Based on the component, it is divided into software and services. On the basis of mode of delivery, it is categorized into web-based CTMS, licensed enterprise CTMS, and cloud-based CTMS. On the basis of end user, it is classified into pharmaceutical & biopharmaceutical companies, contract research organizations, medical device companies, and others (hospitals & academic research institutes). Geographically, it is analyzed across four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

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The key players operating in the global clinical trials management system market include Oracle Corporation, Merge Healthcare Incorporated, Medidata Solutions, Inc., PAREXEL International Corporation, MedNet Solutions, Inc., Bio-Optronics, Inc., Forte Research Systems, Inc., ERT Clinical, DATATRAK International, Inc., and Bioclinica.

Clinical Trial Management Market Key Segments:

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By Product

Enterprise CTMS
Site CTMS

By Component

Software
Services

By Mode of Delivery

Web-based CTMS
Licensed Enterprise CTMS
Cloud-based CTMS

By End User

Pharmaceutical & Biopharmaceutical Companies
Contract Research Organizations
Medical Device Companies
Others
Hospitals
Academic Research Centers

By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA