Russia Clinical Trials Management System Market Size & Outlook
Russia clinical trials management system market, 2017-2030 (US$M)
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Russia clinical trials management system market highlights
- The Russia clinical trials management system market generated a revenue of USD 18.2 million in 2023 and is expected to reach USD 44.7 million by 2030.
- The Russia market is expected to grow at a CAGR of 13.7% 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 18.2 million |
| Market revenue in 2030 | USD 44.7 million |
| Growth rate | 13.7% (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, Russia accounted for 1.0% 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 Europe, Germany clinical trials management system market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 80.9 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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Russia 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 70.88% in 2023. Horizon Databook has segmented the Russia clinical trials management system market based on web & cloud based, on premise covering the revenue growth of each sub-segment from 2017 to 2030.
Russia’s foothold in clinical trials has seen massive growth from 71 trials in 2017 to reach 797 trials in 2021. However, owing to the ongoing war between Russia and Ukraine, many private companies have pulled their clinical services out of Russia and many countries have imposed sanctions against the country.
Since the country is one of the top hosts for clinical trials, the sanctions might have a negative impact on drug development pipelines at the global level. In the first half of 2022, the number of new international clinical trials has sharply declined in Russia.
Although new international trials have decreased, the country was still the leader in the number of ongoing trials with 1,400 protocols, as of 2022. Therefore, the significant number of trials creates opportunities for CTMS usage, contributing to market growth.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Russia clinical trials management system market , including forecasts for subscribers. This country databook contains high-level insights into Russia clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Russia clinical trials management system market size, by delivery mode, 2017-2030 (US$M)
Russia Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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