Singapore Clinical Trials Management System Market Size & Outlook
Singapore clinical trials management system market, 2017-2030 (US$M)
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Singapore clinical trials management system market highlights
- The Singapore clinical trials management system market generated a revenue of USD 16.6 million in 2023 and is expected to reach USD 56.0 million by 2030.
- The Singapore market is expected to grow at a CAGR of 18.9% 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 16.6 million |
| Market revenue in 2030 | USD 56.0 million |
| Growth rate | 18.9% (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, Singapore accounted for 0.9% 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 Asia Pacific, China clinical trials management system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 188.6 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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Singapore 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 71.08% in 2023. Horizon Databook has segmented the Singapore clinical trials management system market based on web & cloud based, on premise covering the revenue growth of each sub-segment from 2017 to 2030.
Singapore’s market is expected to witness lucrative growth over the forecast period, as the country is widely recognized to be a favorable destination for clinical trials owing to its multiethnic population.
Moreover, the country is a pioneer in the region for R&D activities due to the presence of highly qualified clinicians, solid research infrastructure, and widely adopted digitalized clinical management systems.
The country also plays a major role in conducting phase 1 trial studies as many biotech and pharmaceutical companies are choosing Singapore over the U.S. and European countries to bring early phase trials.
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Target buyers of Singapore 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 Singapore clinical trials management system market , including forecasts for subscribers. This country databook contains high-level insights into Singapore clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore clinical trials management system market size, by delivery mode, 2017-2030 (US$M)
Singapore Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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