Mexico Clinical Trials Management System Market Size & Outlook
Mexico clinical trials management system market, 2017-2030 (US$M)
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Mexico clinical trials management system market highlights
- The Mexico clinical trials management system market generated a revenue of USD 10.2 million in 2023 and is expected to reach USD 29.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 16.5% 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.
Clinical trials management system market data book summary
| Market revenue in 2023 | USD 10.2 million |
| Market revenue in 2030 | USD 29.6 million |
| Growth rate | 16.5% (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, Mexico accounted for 0.5% 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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Mexico 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 70.59% in 2023. Horizon Databook has segmented the Mexico 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 growth of Mexico’s market can be attributed to the increasing middle-class population, supportive environment for private sector investment, and rise in demand for pharmaceutical products & healthcare services.
In addition, low-cost manufacturing of pharmaceuticals is attracting more foreign investments to Mexico. As a result, pharmaceutical companies are looking forward to adopting CTMS solutions for data management to improve the quality of the clinical trial information and offer significant value to users, such as data analysis & transparency during the new drug development procedure & clinical assessment.
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Target buyers of Mexico 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 Mexico clinical trials management system market , including forecasts for subscribers. This country databook contains high-level insights into Mexico clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico clinical trials management system market size, by delivery mode, 2017-2030 (US$M)
Mexico Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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