Clinical Trial Data Management Services - Industry Market Research Report

Clinical Trial Data Management Services

The Clinical Trial Data Management Services industry specializes in clinical trial management services (CTMS), specifically the operational planning and management of the clinical trial process, including site performance, patient recruitment, resource management, contact information and regulatory document recordkeeping. Strong growth in the industry is partially due to development in downstream industries. Operators that conduct clinical trials have experienced increasing demand as the healthcare sector expands, along with ballooning increasing consumer demand and spending on healthcare. As this industry continues to grow, its product offering will become standardized and one or several dominant players may emerge.

Clinical Trial Management Systems (CTMS) maintain and manage the planning, preparation, performance, and reporting of clinical trials, with emphasis on tracking participants, deadlines and milestones. These systems are used by pharmaceutical and life sciences companies to manage large amounts of data involved in the operation of a clinical trial. CTMS help to identify key performance indicators, while establishing metrics, results, and performance management.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.