North America Clinical Trials Management System Market Size & Outlook
North America clinical trials management system market, 2017-2030 (US$M)
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North America clinical trials management system market highlights
- The North America clinical trials management system market generated a revenue of USD 926.8 million in 2023.
- The market is expected to grow at a CAGR of 13.2% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 926.8 million |
| Market revenue in 2030 | USD 2,212.1 million |
| Growth rate | 13.2% (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, North America region accounted for 50.0% 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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North America 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 70.82% in 2023. Horizon Databook has segmented the North America 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 presence of technologically advanced research institutions, medical device manufacturers, universities, and pharmaceutical companies, as well as improved healthcare facilities, are projected to drive new drug development activities in the coming years.
In addition, there has been a fundamental change from paper-based processes to electronic data management, with the increased adoption of CTMS solutions among clinical research practitioners. The increasing target population and the rising prevalence of lifestyle-associated diseases, such as diabetes & cardiac disorders, provide the largest revenue contribution.
The National Institute of Mental health has re-released several funding opportunity announcements addressing clinical trial-based research, which is expected to drive market growth. Moreover, the presence of major market players and the availability of sophisticated infrastructure is anticipated to boost market growth in this region.
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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 continent-level data and insights on the North America clinical trials management system market , including forecasts for subscribers. This continent databook contains high-level insights into North America clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America clinical trials management system market size, by country, 2017-2030 (US$M)
North America Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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