Market Overview:
The global clinical data management system market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for CDMS software and services due to the growing number of clinical trials across the globe. Additionally, rising adoption of CDMS by hospitals, CROs, pharma & biotech organizations and other end users is also propelling the growth of this market. However, lack of awareness about benefits offered by CDMS solutions among end users is restraining the growth of this market to some extent. On basis on type, global clinical data management system market can be segmented into software and services segments. The software segment dominated this market in 2017 and is projected to maintain its dominance during forecast period as well owing to increasing demand for advanced CDMS solutions that offer enhanced functionalities such as data capture & aggregation, query & reporting tools etc., which are essential for efficient handling and analysis of large volumes if clinical trial data sets. Services segment includes implementation & customization services, training & support services etc.
Product Definition:
A clinical data management system is a software application that helps healthcare professionals collect and manage patient data. The application allows clinicians to track patient progress, identify potential problems, and make better treatment decisions. A clinical data management system is an important tool for providing quality care to patients.
Software:
Software is the part of Clinical Data Management System (CDMS) that helps in data capture, storage, interpretation and analysis. It also helps in generating reports and providing information to help healthcare professionals make better decisions regarding patient care. CDMS software includes electronic health records (EHR), practice management systems, billing & coding applications as well as medical imaging software etc.
Services:
Services are the invisible components of Clinical Data Management System (CDMS) that provide functionalities required to run a clinical trial. They include software services, such as data integration and data extraction; hardware services, such as scanners and printers; and other service types like training & support. Services can be used without the need for installing any additional software on computers connected to the network.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to grow at a lucrative CAGR over the forecast period. The growing importance of data management in other applications such as research institutes, laboratories, and medical centers is expected to drive demand over the forecast period.
Hospitals are estimated to account for a majority of revenue share within the healthcare sector owing to their extensive usage across various applications such as electronic health records (EHRs), laboratory information systems (LIS), drug discovery & development, and medical imaging. In addition, hospitals are also extensively using these systems for patient care along with billing & accounts management activities which further drives demand across various industries including CROs and pharma/biotech organizations.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high investment in R&D and increasing healthcare expenditure. The U.S., which accounted for over 75% share, is expected to maintain its dominance throughout the forecast period owing to technological advancements and growing adoption of cloud-based systems by various organizations across the country.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to factors such as improving healthcare infrastructure & facilities coupled with rising demand for clinical trials from emerging economies including China & India that are among top 10 countries worldwide regarding population size (1).
Growth Factors:
- Increasing demand for CDMS services due to the growing number of clinical trials and the complexity of these trials.
- The increasing use of CDMS by small and medium-sized enterprises (SMEs) that are looking for an affordable, yet comprehensive solution to manage their clinical data.
- The growing trend of outsourcing data management services to third-party service providers, as this helps pharmaceutical and biotechnology companies focus on their core competencies.
- The increasing demand for cloud-based CDMS solutions, as they offer greater flexibility and scalability than traditional on-premise solutions.
- The rising adoption of big data analytics in the healthcare industry, which is helping Clinical Data Management System vendors to derive more value from their clinical data
Scope Of The Report
Report Attributes
Report Details
Report Title
Clinical Data Management System Market Research Report
By Type
Software, Services
By Application
Hospitals, CROs, Pharma & Biotech Organizations, Other
By Companies
Medidata, Oracle, IBM, PAREXEL Informatics, BioClinica, Medrio, Forte Research Systems, Taimei Technology, Ofni Systems, Fortress Medical Systems, OpenClinica, ClinCapture
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Clinical Data Management System Market Report Segments:
The global Clinical Data Management System market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, CROs, Pharma & Biotech Organizations, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medidata
- Oracle
- IBM
- PAREXEL Informatics
- BioClinica
- Medrio
- Forte Research Systems
- Taimei Technology
- Ofni Systems
- Fortress Medical Systems
- OpenClinica
- ClinCapture
Highlights of The Clinical Data Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- Hospitals
- CROs
- Pharma & Biotech Organizations
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Clinical Data Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Clinical Data Management System (CDMS) is a software application that helps healthcare providers manage patient data. It can help clinicians identify and track patients' medical history, medications, and other health information. CDMS also can help doctors diagnose and treat patients more effectively.
Some of the major companies in the clinical data management system market are Medidata, Oracle, IBM, PAREXEL Informatics, BioClinica, Medrio, Forte Research Systems, Taimei Technology, Ofni Systems, Fortress Medical Systems, OpenClinica, ClinCapture.
The clinical data management system market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Clinical Data Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Clinical Data Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Clinical Data Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Clinical Data Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Clinical Data Management System Market Size & Forecast, 2020-2028
4.5.1 Clinical Data Management System Market Size and Y-o-Y Growth
4.5.2 Clinical Data Management System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 CROs
6.2.3 Pharma & Biotech Organizations
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Clinical Data Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Clinical Data Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 CROs
9.10.3 Pharma & Biotech Organizations
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 CROs
10.10.3 Pharma & Biotech Organizations
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 CROs
11.10.3 Pharma & Biotech Organizations
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 CROs
12.10.3 Pharma & Biotech Organizations
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 CROs
13.10.3 Pharma & Biotech Organizations
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Clinical Data Management System Market: Competitive Dashboard
14.2 Global Clinical Data Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medidata
14.3.2 Oracle
14.3.3 IBM
14.3.4 PAREXEL Informatics
14.3.5 BioClinica
14.3.6 Medrio
14.3.7 Forte Research Systems
14.3.8 Taimei Technology
14.3.9 Ofni Systems
14.3.10 Fortress Medical Systems
14.3.11 OpenClinica
14.3.12 ClinCapture
