Europe Clinical Trials Management System Market Size & Outlook
Europe clinical trials management system market, 2017-2030 (US$M)
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Europe clinical trials management system market highlights
- The Europe clinical trials management system market generated a revenue of USD 436.8 million in 2023.
- The market is expected to grow at a CAGR of 12.5% 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.
- Country-wise, Netherlands is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 436.8 million |
| Market revenue in 2030 | USD 995.9 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Web & cloud based |
| Fastest growing segment | Web & Cloud based |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 23.6% of the global clinical trials management system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,211.0 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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Europe 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 70.76% in 2023. Horizon Databook has segmented the Europe clinical trials management system market based on web & cloud based, on premise covering the revenue growth of each sub-segment from 2017 to 2030.
CTMS applications are now considered critical to clinical trial operations and are widely implemented to maintain data transparency throughout the trial process. With the help of these solutions, the risk of data variance can be eliminated & site monitoring costs can be reduced.
These solutions provide simplified information to help enhance the quality of data by gathering the trial information in an organized manner.
These factors are likely to boost the region’s CTMS market during the forecast period. Modern CTMS systems are integrated into a single platform to improve study analytics and eliminate silos, which further propels the installation of CTMS platforms.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe clinical trials management system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe clinical trials management system market size, by country, 2017-2030 (US$M)
Europe Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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