A clinical trial deals with the application of specific clinical or
scientific methods or medicine to the human body. Clinical trials are
used to identify the effect of particular treatment or medication on
patients suffering from a particular disease. The process of a clinical
trial starts with identification of the medication or medical device to
be tested. Participants for the trial are selected and the results are
studied in order to define the effectiveness of the drug or device.
Clinical trials are very crucial as they involve huge capital investment and may affect the subjects involved. Thus proper management of clinical trials has become a priority for the hospitals. Clinical Trial Management System (CTMS) is a software system employed to manage the large amounts of data involved in a clinical trial. It maintains the planning, preparation, performance, and reporting of clinical trials, including participant information, trial and filing deadlines and other important milestones. The global CTMS market was valued at $576.22 million in 2010.
Improved clinical trial efficiency with optimized process; centralized database; improved site performance by enhanced investigator relationships; higher subject accrual rate & reduced workload for research coordinators; efficiency in budgeting and financial management; improved cost efficiencies; improved clinical research associate productivity; and automated data processing and report generating are some of the key advantages of CTMS that are driving the market.
Published: January 2012
No. of Pages: 240
: Single User License - US$4650 Corporate User License - US$7150
Clinical Trial Management System (CTMS) is used by the clinical trial organizations such as Pharmaceutical/Biopharmaceutical Companies, Clinical Research Organizations (CROs), and Healthcare providers (Hospitals, Academic Medical Centers (AMCs) which handle clinical trial. The pharmaceutical CTMS market contributed the largest share; i.e. 49% in 2010. Clinical Research Organizations (CRO) and Healthcare providers contributes 46% and 5% respectively in 2010.
Based on the mode of delivery, the CTMS market is divided into three types; i.e. web-based CTMS, on-Premise CTMS, and cloud-based CTMS. Among all these segments, the web-based market is forecasted to witness the highest CAGR of 15.95% from 2011 to 2016 and is estimated to capture 75% share by 2016 from 70% share in 2010. On-premise CTMS and cloud-based (SAAS) CTMS contributes 28% and 2% respectively in 2010.
North America dominated the global CTMS market with around 62% share in 2010. The U.S. captures the largest market share of North America, and shows a remarkable growth opportunity. The second largest market, Europe, while growth in the Asia-Pacific region is also expected to take greater curves in the near future.
Scope of the Report
This Clinical Trial Management System (CTMS) market research report will enable strategic understanding of the following key segments of the market:
Global CTMS market, by end-users:
North America
Asia
ROW (Rest of the World)
Each section of the report offers market data for the various market segments and geographies. It also provides market trends with respect to drivers, restraints, and opportunities. The report’s “strategy” section sketches the competitive landscape with about four company profiles.
Clinical trials are very crucial as they involve huge capital investment and may affect the subjects involved. Thus proper management of clinical trials has become a priority for the hospitals. Clinical Trial Management System (CTMS) is a software system employed to manage the large amounts of data involved in a clinical trial. It maintains the planning, preparation, performance, and reporting of clinical trials, including participant information, trial and filing deadlines and other important milestones. The global CTMS market was valued at $576.22 million in 2010.
Improved clinical trial efficiency with optimized process; centralized database; improved site performance by enhanced investigator relationships; higher subject accrual rate & reduced workload for research coordinators; efficiency in budgeting and financial management; improved cost efficiencies; improved clinical research associate productivity; and automated data processing and report generating are some of the key advantages of CTMS that are driving the market.
CTMS Market Report
Published: January 2012
No. of Pages: 240
: Single User License - US$4650 Corporate User License - US$7150
Clinical Trial Management System (CTMS) is used by the clinical trial organizations such as Pharmaceutical/Biopharmaceutical Companies, Clinical Research Organizations (CROs), and Healthcare providers (Hospitals, Academic Medical Centers (AMCs) which handle clinical trial. The pharmaceutical CTMS market contributed the largest share; i.e. 49% in 2010. Clinical Research Organizations (CRO) and Healthcare providers contributes 46% and 5% respectively in 2010.
Based on the mode of delivery, the CTMS market is divided into three types; i.e. web-based CTMS, on-Premise CTMS, and cloud-based CTMS. Among all these segments, the web-based market is forecasted to witness the highest CAGR of 15.95% from 2011 to 2016 and is estimated to capture 75% share by 2016 from 70% share in 2010. On-premise CTMS and cloud-based (SAAS) CTMS contributes 28% and 2% respectively in 2010.
North America dominated the global CTMS market with around 62% share in 2010. The U.S. captures the largest market share of North America, and shows a remarkable growth opportunity. The second largest market, Europe, while growth in the Asia-Pacific region is also expected to take greater curves in the near future.
Scope of the Report
This Clinical Trial Management System (CTMS) market research report will enable strategic understanding of the following key segments of the market:
Global CTMS market, by end-users:
- Pharmaceutical/biopharmaceutical
- Clinical Research Organizations (CRO’s)
- Healthcare Providers (Academic institutions/universities, hospitals, and research institutions)
- Enterprise CTMS
- Site CTMS
- Hardware
- Software
- Services
- On-premises (Licensed Enterprise)
- Web-based (Web-hosted)
- Cloud-based
North America
- U.S.
- Canada
Asia
ROW (Rest of the World)
Each section of the report offers market data for the various market segments and geographies. It also provides market trends with respect to drivers, restraints, and opportunities. The report’s “strategy” section sketches the competitive landscape with about four company profiles.
