Malaysia Clinical Trials Management System Market Size & Outlook
Malaysia clinical trials management system market, 2017-2030 (US$M)
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Malaysia clinical trials management system market highlights
- The Malaysia clinical trials management system market generated a revenue of USD 12.2 million in 2023 and is expected to reach USD 41.5 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 19.1% 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 12.2 million |
| Market revenue in 2030 | USD 41.5 million |
| Growth rate | 19.1% (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, Malaysia accounted for 0.7% 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 Asia Pacific, China clinical trials management system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 188.6 million by 2030.
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Clinical Trials Management System Market Scope
Clinical Trials Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Malaysia 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 71.31% in 2023. Horizon Databook has segmented the Malaysia clinical trials management system market based on web & cloud based, on premise covering the revenue growth of each sub-segment from 2017 to 2030.
Due to the presence of a large multiethnic population and a 2-tier healthcare system, Malaysia is becoming a key choice for researchers to conduct clinical trials.
The improving standard of living has boosted the incidence of lifestyle and communicable diseases in rural areas, creating more opportunities for clinical studies in such locations.
Furthermore, the country has well-established medical sites that are ranked high in routinely conducting clinical trials with optimal trial management systems. These factors are contributing to the significant growth of the market.
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Target buyers of Malaysia clinical trials management system market databook
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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 country-level data and insights on the Malaysia clinical trials management system market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Malaysia clinical trials management system market size, by delivery mode, 2017-2030 (US$M)
Malaysia Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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