Global Clinical Trial Management System Market Analysis and Forecast, 2014 – 2020

Global Clinical Trial Management System Market Analysis and Forecast, 2014 – 2020

Published By: Syndicate Market Research

Clinical Trial Management System Market Global Industry Perspective, Comprehensive
Analysis and Forecast, 2014 - 2020

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Clinical Trial Management System Market

A clinical trial management system (CTMS) is a software system used by pharmaceutical,
Clinical Research Organizations (CROs), healthcare and biotechnology industries to control
clinical trials in clinical research. Also, it is a software solution for good management, storage
and study of drug associated clinical data. Clinical trials management system is used to know
the effect of particular treatment on patients suffering from a particular disease. CTMS is mainly
engaged to a clinical trial. The clinical trial management system maintains and manages
planning, performing and reporting functions, with participant contact information, milestones
and tracking deadlines. It offers a user-friendly infrastructure that allows clinicians to manage
trials of unstable complexity. Moreover, a clinical trial management system provides data to a
business intelligence system, which acts as a digital dashboard for trial managers.
The major driving factor for the global clinical trial management system market is increasing
R&D investment in pharmaceutical, clinical research industries and life science. Increasing
prevalence of diseases, clinical research organizations (CRO) and improved clinical research
outsourcing is also expected to key driving factors of CTMS. However, high coast of systems and
Scarcity research expert’s factors hampers the market growth. Moreover, Web based clinical
trial management system is the largest segment in CTMS market and the Pharmaceutical is the
leading end users segment in CTMS market....

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