Middle East & Africa Clinical Trials Management System Market Size & Outlook
Middle East & Africa clinical trials management system market, 2017-2030 (US$M)
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MEA clinical trials management system market highlights
- The MEA clinical trials management system market generated a revenue of USD 47.0 million in 2023.
- The market is expected to grow at a CAGR of 15.2% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 47.0 million |
| Market revenue in 2030 | USD 126.7 million |
| Growth rate | 15.2% (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, MEA region accounted for 2.5% 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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Middle East & Africa 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 70.85% in 2023. Horizon Databook has segmented the Middle East & Africa clinical trials management system market based on web & cloud based, on premise covering the revenue growth of each sub-segment from 2017 to 2030.
The Middle East & African market comprises South Africa, Saudi Arabia, and UAE. The regional market is expected to grow over the forecast period, which can be attributed to the increasing need for integration of healthcare systems, the growing focus on high return on investments, and the rising need for high quality care.
In addition, the evolution of IT and the increasing number of supportive initiatives to combine clinical records on a single platform are expected to fuel the region’s CTMS market. Some of the key players operating in the region are IQVIA, Medidata, and Infiuss Health.
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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 Middle East & Africa clinical trials management system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA clinical trials management system market size, by country, 2017-2030 (US$M)
Middle East & Africa Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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