KEY FINDINGS
The clinical trial management system (CTMS) is a software system employed by the biotechnology, healthcare and pharmaceutical industries to administer clinical trials in clinical research.
The Asia Pacific region contributed $xx million in 2018 and is projected to reach $xx million by 2027, expected to proliferate significantly during the forecasting years of 2019-2027 by registering a CAGR of 13.02%. The regional market has a few major revenue contributing countries such as China, India, Japan, Australia, South Korea and the remaining countries collectively forming the Rest of APAC.
MARKET INSIGHTS
Pharmaceutical and biopharmaceutical companies are the prominent end-users of the clinical trial management market. With the advancement in technology and growth in demand for better drugs with fewer side-effects, there is a rise in the number of clinical trials conducted worldwide. So, in the rapidly advancing and developing countries of the Asia Pacific region, this driver plays a crucial role in market growth.
Asia-Pacific is anticipated to be the fastest growing segment during the forecast period. This is attributable to the growth in the trend of outsourcing clinical trials among the developing countries as these countries have availability of large patient population base and the trials can be conducted at a lower cost.
COMPETITIVE INSIGHTS
The major market players operating in the region that are mentioned in the report are Veeva Systems Inc., Bioclinica Inc., Arisglobal LLC, Medidata Solutions, Inc., IBM Corporation, Parexel International Corporation, Oracle Corporation, Forte Research Systems Inc., Mednet Solutions Inc., and Bio-Optronics Inc.
Asia Pacific Clinical Trial Management Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Cloud Model Of Deployment Is The Fastest Growing Model In Clinical Trial Management Market
3.2.2. Enterprise-Based Ctm Is The Largest Product Type In The Market
3.2.3. Software Is The Largest Component In Clinical Trial Management Market
3.2.4. Healthcare Providers Are The Fastest Growing End Users In Market
4. Market Dynamics
4.1. Market Definition & Scope
4.2. Market Drivers
4.2.1. Rise In The Shift Of Clinical Trials Towards Outsourcing
4.2.2. Growth In The Number Of Clinical Trials
4.2.3. Rise In The Incidences Of Chronic Diseases
4.2.4. Awareness Regarding The Benefits Of Using Ctm
4.3. Market Restraints
4.3.1. Scarcity Of Skilled Healthcare Professionals
4.3.2. Cost Of Implementation
4.4. Market Opportunities
4.4.1. Boost In Expenditure For R&D Activities To Implement Ctm
4.5. Market Challenges
4.5.1. Security Concerns
5. Market By Deployment Model
5.1. Web-Based Deployment Model
5.2. Cloud Deployment Model
5.3. On-Premise Deployment Model
6. Market By End-User
6.1. Pharmaceutical And Biopharmaceutical Companies
6.2. Clinical Research Organizations
6.3. Healthcare Providers
7. Market By Product Type
7.1. Enterprise-Based Ctm
7.2. Site-Based Ctm
8. Market By Component
8.1. Software
8.2. Hardware
8.3. Services
9. Key Analytics
9.1. Porter's Five Force Model
9.1.1. Threat Of New Entrants
9.1.2. Threat Of Substitute
9.1.3. Bargaining Power Of Suppliers
9.1.4. Bargaining Power Of Buyers
9.1.5. Threat Of Competitive Rivalry
9.2. Opportunity Matrix
9.3. Vendor Landscape
10. Geographical Analysis
10.1. Asia Pacific
10.1.1. India
10.1.2. China
10.1.3. Japan
10.1.4. South Korea
10.1.5. Australia
10.1.6. Rest Of Asia Pacific (Roapac)
11. Competitive Landscape
11.1. Company Profile
11.1.1. Medidata Solutions, Inc.
11.1.2. Arisglobal Llc
11.1.3. Bioclinica Inc.
11.1.4. Bio-Optronics Inc.
11.1.5. Forte Research Systems Inc.
11.1.6. Oracle Corporation
11.1.7. Ibm Corporation
11.1.8. Mednet Solutions Inc.
11.1.9. Parexel International Corporation
11.1.10. Veeva Systems Inc.
List of Tables
Table 1 Asia Pacific Clinical Trial Management Market, By Country, 2019-2027, (In $ Million)
Table 2 Asia Pacific Clinical Trial Management Market, By Deployment Model, 2019-2027, (In $ Million)
Table 3 Asia Pacific Clinical Trial Management Market, By End-User, 2019-2027, (In $ Million)
Table 4 Asia Pacific Clinical Trial Management Market, By Product Type, 2019-2027, (In $ Million)
Table 5 Asia Pacific Clinical Trial Management Market, By Component, 2019-2027, (In $ Million)
Table 6 Opportunity Matrix
Table 7 Vendor Landscape
Table 8 Asia Pacific Clinical Trial Management Market, By Country, 2019-2027 (In $ Million)
List of Figures
Figure 1 Asia Pacific Clinical Trial Management Market Share, By End-User 2018 & 2027 (%)
Figure 2 Asia Pacific Cloud Clinical Trial Management Market, 2019 - 2027 (In $ Million)
Figure 3 Asia Pacific Enterprise-Based Ctm Management, 2019 - 2027 (In $ Million)
Figure 4 Asia Pacific Software Market For Clinical Trial Management, 2019 - 2027 (In $ Million)
Figure 5 Asia Pacific Healthcare Providers Market For Clinical Trial Management, 2019 - 2027 (In $ Million)
Figure 6 Porter's Five Force Model
Figure 7 Asia Pacific Clinical Trial Management Market, Regional Outlook, 2018 & 2027, (%)
Figure 8 India Clinical Trial Management Market, 2019-2027 (In $ Million)
Figure 9 China Clinical Trial Management Market, 2019-2027 (In $ Million)
Figure 10 Japan Clinical Trial Management Market, 2019-2027 (In $ Million)
Figure 11 South Korea Clinical Trial Management Market, 2019-2027 (In $ Million)
Figure 12 Australia Clinical Trial Management Market, 2019-2027 (In $ Million)
Figure 13 Roapac Clinical Trial Management Market, 2019-2027 (In $ Million)
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