The global clinical trial management market size is valued to be USD 832.5 million in 2021 and is projected to witness a CAGR of 14.98% during the forecast period. Substantial operational costs and governing requirements allied with clinical research is a key driver responsible for the growth of the global clinical trial management market. Additionally, research partnerships amongst major pharma-biopharma companies and CROs and rise in number of clinical trials and the accessibility of innovative CTMS solutions are some of the other drivers propelling the market growth. However, high cost of clinical trial management and shortage of trained and experienced healthcare professionals are expected to restrain the global market growth.
Global Clinical Trial Management Market Size (USD Million), 2021-2029
Source: Erevna Healthcare
By Deployment
Based on deployment, the market is segmented into on-site CTMS and enterprise-wide CTMS. In 2021, the enterprise-wide CTMS segment accounted for a substantial revenue share and is expected to grow with a lucrative CAGR during the forecast period. This can be attributed to the advantages such as real-time perceptions into operational undertakings such as robust reporting, accruals and deviations, and improved billing compliance worldwide. On-site CTMS segment is projected to grow at a profitable CAGR during the forecast period. This is attributed to the rising infiltration of healthcare IT and increasing need to cope and allow prompt access to all related patients’ data.
By Mode of Delivery
Based on mode of delivery, the market is segmented into licensed enterprise, web-based, and cloud-based. In 2021, the web-based segment accounted for a substantial revenue share and is expected to grow with a lucrative CAGR during the forecast period. This is attributed to various benefits offered by this mode of delivery such as minimal technical issues and remote access to data worldwide. Cloud-based segment is anticipated to grow at a profitable CAGR during the forecast period. This is attributed to the benefit of accessing data from various device such as workstations, mobile, tablets, and laptops by using software.
By Product & Service
Based on product & service, the market is categorized into services and software. In 2021, the software segment accounted for a substantial revenue share with lucrative CAGR during the forecast period. This is due to the advantage offered by the software in streamlining and fine-tuning the document managing processes worldwide. The services segment is anticipated to grow at a profitable CAGR during the forecast period due to the increasing R&D activities and disbursement to implement CTM.
By End User
Based on end user, the market is categorized into medical device manufacturers, large pharma-biotech companies, CROs, small & mid-sized pharma-biotech companies, and other end users. In 2021, the large pharma-biotech companies segment accounted for a substantial revenue share and is expected to grow with a lucrative CAGR during the forecast period. This is due to the growth in clinical trials and drug improvement studies by major pharmaceutical firms worldwide. The CROs segment is anticipated to grow at a profitable CAGR during the forecast period, due to the benefit of ability to conduct a wide-ranging number of tests, which can be conducted by using clinical trial managements.
Regional Insights
In 2021, North America holds the highest revenue share in the global market and is likely to retain its dominance during the forecast period. This is attributed to the presence of major players in the region, increase in the share of healthcare expenditure in the per capita income, growth in initiatives from the government, and accessibility of technologically advanced products in the region. Asia Pacific market is projected to exhibit fastest growth over the forecast period owing to an increase in development cost and time disbursed on clinical trials, growing government and corporate investment in healthcare sector, growth in travel & tourism in developing economies, and availability of skilled labor forces at economic costs.
Competitor Insights
Some of the key players in the clinical trial management market are Oracle Corporation (U.S.); Medidata Solutions (U.S.); Parexel International (U.S.); Bioclinica (U.S.); IBM (U.S.); Bio-Optronics (U.S.); Datatrak (U.S.); Veeva Systems (U.S.); DSG (U.S.); MasterControl (U.S.); Advarra Technology Solutions (U.S.); MedNet Solutions (U.S.); and ArisGlobal (U.S.). The leading players operating in the clinical trial management industry are adopting various strategies including R&D investments, adaption of advanced techniques, new technology launches, mergers & acquisitions, and regional expansions to capture a maximum revenue share.
This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The clinical trial management market report is categorized into the following segments and subsegments:
Clinical Trial Management Market, By Deployment (Revenue, USD Million, 2021-2029)
- On-Site CTMS
- Enterprise-wide CTMS
Clinical Trial Management Market, By Mode of Delivery (Revenue, USD Million, 2021-2029)
- Licensed Enterprise
- Web-based
- Cloud-based
Clinical Trial Management Market, By Product & Service (Revenue, USD Million, 2021-2029)
- Services
- Software
Clinical Trial Management Market, By End User (Revenue, USD Million, 2021-2029)
- Medical Device Manufacturers
- Large Pharma-biotech Companies
- CROs
- Small & Mid-sized Pharma-biotech Companies
- Other End Users
Clinical Trial Management Market, By Region (Revenue, USD Million, 2021-2029)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Scope of Cell Culture Market Report:
Key Parameters | Details |
---|---|
Base Year |
|
Forecast Period |
|
Study Coverage |
|
Qualitative Analysis |
|
Regional Market Scope |
|
Company Profiles |
|
15% Free Customization Available |
|
Table of Contents: Clinical Trial Management Market 2021-2029
- Research Methodology
- Study Objectives
- Study Scope
- Research Assumptions
- Research Framework
- Research Models
- Bottom-up Approach
- Top-down Approach
- Data Triangulation
- Data Procurement
- Internal Database
- Secondary Research
- Purchased Database
- Primary Research
- Data Analysis
- Data Validation
- Market Size Estimation
- Market Forecast Model
- Quality Assessment
- Research Models
- Introduction: Clinical Trial Management
- Executive Summary
- Global Market Scenario
- Segment Market Scenario
- Geographic Market Scenario
- COVID-19 Impact
- Competitive Landscape
- Market Dynamics
- Market Drivers
- Driver 1
- Driver 2
- Driver 3
- Driver 4
- Driver 5
- Market Restraint
- Restraint 1
- Restraint 2
- Restraint 3
- Restraint 4
- Market Opportunities
- Opportunity 1
- Opportunity 2
- Opportunity 3
- Opportunity 4
- Market Trends
- Trend 1
- Trend 2
- Trend 3
- Trend 4
- Market Challenges
- Challenge 1
- Challenge 2
- Challenge 3
- Challenge 4
- Market Drivers
- Market Environment Analysis
- Porter’s 5 Forces Analysis
- PESTEL Analysis
- Value Chain Analysis
- SWOT Analysis
- Benchmark
- COVID-19 Impact Analysis: Clinical Trial Management Market
- COVID-19: Overview
- COVID-19 Impact on the Global Market
- COVID-19 Impact on the Regional Markets
- Market Analysis by Deployment
- On-Site CTMS
- On-Site CTMS Market Forecast, 2021-2029 (USD Million)
- Enterprise-wide CTMS
- Enterprise-wide CTMS Market Forecast, 2021-2029 (USD Million)
- On-Site CTMS
- Market Analysis by Mode of Delivery
- Licensed Enterprise
- Licensed Enterprise Market Forecast, 2021-2029 (USD Million)
- Web-based
- Web-based Market Forecast, 2021-2029 (USD Million)
- Cloud-based
- Cloud-based Market Forecast, 2021-2029 (USD Million)
- Licensed Enterprise
- Market Analysis by Product & Service
- Services
- Services Market Forecast, 2021-2029 (USD Million)
- Software
- Software Market Forecast, 2021-2029 (USD Million)
- Services
- Market Analysis by End user
- Medical Device Manufacturers
- Medical Device Manufacturers Market Forecast, 2021-2029 (USD Million)
- Large Pharma-biotech Companies
- Large Pharma-biotech Companies Market Forecast, 2021-2029 (USD Million)
- CROs
- CROs Market Forecast, 2021-2029 (USD Million)
- Small & Mid-sized Pharma-biotech Companies
- Small & Mid-sized Pharma-biotech Companies Market Forecast, 2021-2029 (USD Million)
- Other End Users
- Other End Users Market Forecast, 2021-2029 (USD Million)
- Medical Device Manufacturers
- Regional Market Analysis
- Regional Market Trends
- Regional Market: Comparative Analysis
- North America Clinical Trial Management Market
- North America Clinical Trial Management Market
- North America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- S. Clinical Trial Management Market
- S. Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Canada Clinical Trial Management Market
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- S. Market Size and Forecast, 2021-2029 (USD Million)
- North America Market Size and Forecast, 2021-2029 (USD Million)
- North America Clinical Trial Management Market
- Europe Clinical Trial Management Market
- Europe Clinical Trial Management Market
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Germany Clinical Trial Management Market
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- UK Clinical Trial Management Market
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- France Clinical Trial Management Market
- France Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Spain Clinical Trial Management Market
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Italy Clinical Trial Management Market
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of EuropeClinical Trial Management Market
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- France Market Size and Forecast, 2021-2029 (USD Million)
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Europe Clinical Trial Management Market
- Asia PacificClinical Trial Management Market
- Asia PacificClinical Trial Management Market
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Japan Clinical Trial Management Market
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- China Clinical Trial Management Market
- China Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- India Clinical Trial Management Market
- India Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- South Korea Clinical Trial Management Market
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Australia Clinical Trial Management Market
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of Asia Pacific Clinical Trial Management Market
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- India Market Size and Forecast, 2021-2029 (USD Million)
- China Market Size and Forecast, 2021-2029 (USD Million)
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Asia PacificClinical Trial Management Market
- Latin America Clinical Trial Management Market
- Latin America Clinical Trial Management Market
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- BrazilClinical Trial Management Market
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- MexicoClinical Trial Management Market
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Argentina Clinical Trial Management Market
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of Latin America Clinical Trial Management Market
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Clinical Trial Management Market
- MEAClinical Trial Management Market
- MEA Clinical Trial Management Market
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- GCC Clinical Trial Management Market
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- South Africa Clinical Trial Management Market
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of MEA Clinical Trial Management Market
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Deployment, 2021-2029 (USD Million)
- Market Size and Forecast by Mode of Delivery, 2021-2029 (USD Million)
- Market Size and Forecast by Product & Service, 2021-2029 (USD Million)
- Market Size and Forecast by End user, 2021-2029 (USD Million)
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- MEA Clinical Trial Management Market
- Competitor Analysis
- Market Share Analysis, 2021 & 2029
- Competitive Mapping
- Key Players Market Place Analysis
- Major Recent Developments
- Company Profiles
- Oracle Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Medidata Solutions (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Parexel International (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Bioclinica (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- IBM (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Bio-Optronics (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Datatrak (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Veeva Systems (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- DSG (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- MasterControl (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Company 11
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Company 12
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Company 13
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Company 14
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Company 15
- Company Snapshot
- Company Overview
- Financials
- Mode of Delivery Benchmarking
- Recent Developments
- Others Prominent Players
- Oracle Corporation (U.S.)
Conclusion & Recommendations