Brazil Clinical Trials Management System Market Size & Outlook
Brazil clinical trials management system market, 2017-2030 (US$M)
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Brazil clinical trials management system market highlights
- The Brazil clinical trials management system market generated a revenue of USD 25.6 million in 2023 and is expected to reach USD 66.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, web & cloud based was the largest revenue generating delivery mode in 2023.
- Web & Cloud based is the most lucrative delivery mode segment registering the fastest growth during the forecast period.
Clinical trials management system market data book summary
| Market revenue in 2023 | USD 25.6 million |
| Market revenue in 2030 | USD 66.3 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Web & cloud based |
| Fastest growing segment | Web & Cloud based |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web & Cloud based, On premise |
| Key market players worldwide | IQVIA Holdings Inc, Medidata, Oracle Corp, DATATRAK International Inc, Clario, PAREXEL, Labcorp Holdings Inc, Veeva Systems Inc Class A, Wipro Ltd ADR |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.4% of the global clinical trials management system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil clinical trials management system market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 29.6 million by 2030.
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Clinical Trials Management System Market Scope
Clinical Trials Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil clinical trials management system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to clinical trials management system market will help companies and investors design strategic landscapes.
Web & cloud based was the largest segment with a revenue share of 70.7% in 2023. Horizon Databook has segmented the Brazil clinical trials management system market based on web & cloud based, on premise covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil has an accelerated pathway for medication approval for ultrarare conditions, which is promoting multiple clinical research & development activities in the country.
Owing to this, biotech companies are choosing Brazil for the drug development process, which is expected to increase the demand for CTMS solutions for better, more convenient, and faster clinical trials for new drug development & clinical research.
Moreover, Brazil is the sixth largest pharmaceutical market in the world, where clinical trials for regulatory compliance are upheld by a qualified and experienced workforce, which is likely to propel the country’s CTMS market.
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Our clientele includes a mix of clinical trials management system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil clinical trials management system market , including forecasts for subscribers. This country databook contains high-level insights into Brazil clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil clinical trials management system market size, by delivery mode, 2017-2030 (US$M)
Brazil Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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