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. Over the five years to 2019, growing corporate profit and impending patent expirations have driven an increase in research and development expenditure by biopharmaceutical and medical device manufacturers. This has driven an increase in the number of registered clinical trials during the period. Over the five years to 2024, the Clinical Trial Data Management Services industry is expected to continue growing.
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.
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