Market Overview:
The global clinical research coordinate market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in this market can be attributed to the increasing number of clinical trials, rising demand for outsourcing services, and growing focus on patient safety. The global clinical research coordinate market is segmented by type into Clinical Trial Management (CTM) and Research Centre Management (RCM). The CTM segment is expected to grow at a higher rate than the RCM segment during the forecast period. This can be attributed to the increasing demand for outsourcing services and growing focus on patient safety.
Product Definition:
Clinical research coordinate is defined as a professional who oversees the coordination of clinical trials. They work with sponsors, sites, and CROs to ensure that trials are conducted efficiently and according to protocol. The importance of a good coordinator is ensuring that studies run smoothly and data is collected accurately.
Clinical Trial Management:
Clinical trial management (CTM) is the process that is used to coordinate research activities for a clinical study. It includes tasks such as monitoring and collecting data, managing sites, recruiting patients, and maintaining records of all involved parties throughout the study. CTM market has been growing at a steady pace due to increase in R&D investments by biopharmaceutical companies coupled with rising number of clinical studies conducted worldwide.
Research Centre Management:
Research Centre Management (RCM) is a tool that helps in monitoring and controlling the overall research activities. It provides information about the status of ongoing projects, enables management to make informed decisions regarding future planning, and aids in reducing costs & improving efficiency.
Application Insights:
The pharmaceutical industry accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. Factors such as an increase in new drug launches, technological advancements, and an increase in R&D investments by companies are expected to drive the segment growth.
The medical device industry is also anticipated to witness significant growth during the forecast period owing to increasing investments by companies for developing innovative products. For instance, according to a study published in 2015 by Global Healthcare Network Inc., it was estimated that around USD 300 billion will be invested globally for new product development over the next 10 years (USD 20 trillion-50 trillion). This investment is expected to boost demand for clinical research coordinators across all industries during this period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of biopharmaceutical and medical device manufacturers, which are among the key users of clinical research coordination services. Moreover, increasing R&D activities in this region are also expected to fuel growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising investments by various public and private entities for developing novel therapies for diseases such as cancer and diabetes at affordable costs. In addition, growing awareness about advanced treatment options is also likely to contribute toward regional demand during the same period.
Growth Factors:
- Increasing demand for better and more effective treatments for various diseases is expected to drive the growth of clinical research coordinate market.
- Rising prevalence of chronic diseases is also anticipated to fuel the demand for clinical research coordinate services over the forecast period.
- Growing number of CROs and contract research organizations is projected to propel the growth of this market in near future.
- Technological advancements in medical devices and diagnostics are likely to create new opportunities for clinical research coordinators in coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Clinical Research Coordinate Market Research Report
By Type
Clinical Trial Management, Research Centre Management
By Application
Pharmaceutical Industry, Biotechnology, Medical Device Industry
By Companies
SMO ClinPlus Co., Ltd., Guoxin Pharmaceutical Group, PRIMIUM Site Management Co., LTD, CMIC Group, Tigermed, FOMAT Medical Research, EPSI, MEDEX, Novotech, I’rom Group Co., Ltd., MPR Development Group
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Clinical Research Coordinate Market Report Segments:
The global Clinical Research Coordinate market is segmented on the basis of:
Types
Clinical Trial Management, Research Centre Management
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
Pharmaceutical Industry, Biotechnology, Medical Device Industry
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:
- SMO ClinPlus Co., Ltd.
- Guoxin Pharmaceutical Group
- PRIMIUM Site Management Co., LTD
- CMIC Group
- Tigermed
- FOMAT Medical Research
- EPSI
- MEDEX
- Novotech
- I’rom Group Co., Ltd.
- MPR Development Group
Highlights of The Clinical Research Coordinate 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:
- Clinical Trial Management
- Research Centre Management
- By Application:
- Pharmaceutical Industry
- Biotechnology
- Medical Device Industry
- 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 Research Coordinate 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?
Clinical research coordinate is a position in the medical field that helps manage and oversee clinical trials. This position typically oversees all aspects of clinical trial management, including recruitment, enrollment, monitoring and data collection.
Some of the major companies in the clinical research coordinate market are SMO ClinPlus Co., Ltd., Guoxin Pharmaceutical Group, PRIMIUM Site Management Co., LTD, CMIC Group, Tigermed, FOMAT Medical Research, EPSI, MEDEX, Novotech, I’rom Group Co., Ltd., MPR Development Group.
The clinical research coordinate market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Clinical Research Coordinate 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 Research Coordinate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Clinical Research Coordinate 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 Research Coordinate 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 Research Coordinate Market Size & Forecast, 2018-2028
4.5.1 Clinical Research Coordinate Market Size and Y-o-Y Growth
4.5.2 Clinical Research Coordinate Market Absolute $ Opportunity
Chapter 5 Global Clinical Research Coordinate 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 Clinical Research Coordinate Market Size Forecast by Type
5.2.1 Clinical Trial Management
5.2.2 Research Centre Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Clinical Research Coordinate 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 Clinical Research Coordinate Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Biotechnology
6.2.3 Medical Device Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Clinical Research Coordinate 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 Research Coordinate 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 Clinical Research Coordinate Analysis and Forecast
9.1 Introduction
9.2 North America Clinical Research Coordinate 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 Clinical Research Coordinate Market Size Forecast by Type
9.6.1 Clinical Trial Management
9.6.2 Research Centre Management
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 Clinical Research Coordinate Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Biotechnology
9.10.3 Medical Device Industry
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 Clinical Research Coordinate Analysis and Forecast
10.1 Introduction
10.2 Europe Clinical Research Coordinate 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 Clinical Research Coordinate Market Size Forecast by Type
10.6.1 Clinical Trial Management
10.6.2 Research Centre Management
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 Clinical Research Coordinate Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Biotechnology
10.10.3 Medical Device Industry
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 Clinical Research Coordinate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Clinical Research Coordinate 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 Clinical Research Coordinate Market Size Forecast by Type
11.6.1 Clinical Trial Management
11.6.2 Research Centre Management
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 Clinical Research Coordinate Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Biotechnology
11.10.3 Medical Device Industry
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 Clinical Research Coordinate Analysis and Forecast
12.1 Introduction
12.2 Latin America Clinical Research Coordinate 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 Clinical Research Coordinate Market Size Forecast by Type
12.6.1 Clinical Trial Management
12.6.2 Research Centre Management
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 Clinical Research Coordinate Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Biotechnology
12.10.3 Medical Device Industry
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) Clinical Research Coordinate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Clinical Research Coordinate 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) Clinical Research Coordinate Market Size Forecast by Type
13.6.1 Clinical Trial Management
13.6.2 Research Centre Management
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) Clinical Research Coordinate Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Biotechnology
13.10.3 Medical Device Industry
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 Research Coordinate Market: Competitive Dashboard
14.2 Global Clinical Research Coordinate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SMO ClinPlus Co., Ltd.
14.3.2 Guoxin Pharmaceutical Group
14.3.3 PRIMIUM Site Management Co., LTD
14.3.4 CMIC Group
14.3.5 Tigermed
14.3.6 FOMAT Medical Research
14.3.7 EPSI
14.3.8 MEDEX
14.3.9 Novotech
14.3.10 I’rom Group Co., Ltd.
14.3.11 MPR Development Group
