Essentiality of recording the varying requirements and imperative tasks of participants running a trail has driven the need for e-clinical framework, which is likely to become the master system of clinical trials as it evolves and integrates with other components of e-clinical continuum. Clinical trial management systems market (CTMS) will also be driven by increasing clinical trials outsourcing by pharmaceutical companies to contract research organizations (CROs) for execution, in a bid to enhance sourcing flexibility, meanwhile focusing on higher-priority activities such as drug discovery.
Clinical Trial Management Systems Market: Vendor Landscape
Prominent companies operating in the market, such as Cognizant, Veeva Systems, and Medidata, have greater footprint in North America, followed by APEJ on account of relatively higher demand in these regions. Although large companies operate in the market, their focus on CTMS solutions is currently low. However, future advancements and demand trends are likely to lead the market stakeholders to focus more on investment and development of CTMS solutions. Overall, the CTMS market will record an impressive expansion in the near future.
Detailed Assessment on Clinical Trial Management Systems Market
Clinical Trial Management Systems Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028Buy Now
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