Market revenue in 2023 | USD 11.6 million |
Market revenue in 2030 | USD 39.2 million |
Growth rate | 19% (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 |
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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 70.69% in 2023. Horizon Databook has segmented the Philippines 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 Philippines is known to have a wide network of medical centers, companies, hospitals, and healthcare professionals, making the country one of the fertile locations to conduct clinical trials.
According to the European Medicine Agency (EMA), the country ranks 3rd in terms of Southeast Asia’s clinical trials and ranks 8th globally.
Clinical trials in the country are highly regulated by the Department of Health & FDA and can be initiated only after approval. Documentations are managed electronically in the Philippines, and therefore, CTMS plays a vital role in trial processes, easing the research workforce by tracking the clinical data.
Horizon Databook provides a detailed overview of country-level data and insights on the Philippines clinical trials management system market , including forecasts for subscribers. This country databook contains high-level insights into Philippines clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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