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Posts tagged ‘Clinical Trial Management System’

Global Clinical Trial Management System Market is expected to grow US$1.8 bn by 2019 at a 14.0% CAGR : PMR

Persistence Market Research has published a new research report on the global clinical trial management system market. As per the report, the global clinical trial management system market stood at US$0.8 bn in 2013 and is expected to reach US$1.8 bn by 2019 at a 14.0% CAGR.

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Clinical Trial Management System Market expected to hit US$1.8 bn by 2019 at a 14.0% CAGR : Persistence Market Research

Clinical trial is a medical research study performed on humans to check the safety and efficacy of drugs, devices and therapeutic products before they are finally launched in the market. Proper management of clinical trials has become a priority for hospitals, pharmaceutical companies and clinical research organizations (CRO).Clinical trial management system (CTMS) is a software solution for proper management, storage and analysis of drugs associated clinical data. CTMS is primarily employed to manage the large amount of data involved in a clinical trial including planning, preparation and reporting. CTMS also provides data to a business intelligence system. It provides a user-friendly infrastructure that enables clinicians to manage trials of varying complexity.

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Global Clinical Trial Management System Market may touch $1,848.5 million in 2019

New York City, New York, Oct 27, 2015: Persistence Market Research (PMR) has announced the release of a market study based on the global clinical trial management system market. According to this report, titled “Global Market Study on Clinical Trial Management System: Asia to Witness Highest Growth by 2019”, the market stood at US$844 million in 2013. Aided by the rising investment for research and development in the field of pharmaceuticals, the global clinical trial management system market has been estimated to develop at a CAGR of 14% and reach US$1,845.50 million by the end of the forecast period.

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