South Africa Clinical Trials Management System Market Size & Outlook
South Africa clinical trials management system market, 2017-2030 (US$M)
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South Africa clinical trials management system market highlights
- The South Africa clinical trials management system market generated a revenue of USD 13.9 million in 2023 and is expected to reach USD 34.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 14.1% 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 13.9 million |
| Market revenue in 2030 | USD 34.9 million |
| Growth rate | 14.1% (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, South Africa accounted for 0.7% 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 Middle East & Africa, South Africa clinical trials management system market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 23.6 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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South Africa 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 70.5% in 2023. Horizon Databook has segmented the South Africa 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 emergence of COVID-19 in low- and middle-income countries, such as South Africa, which already have a high infectious disease burden, has increased the need for robust electronic health information systems to enable efficient pandemic surveillance.
As a result, South Africa has advocated for scaling up digital technologies to improve access to healthcare and clinical systems. Therefore, the rising use of smartphones, widening high-speed network connections, and growing demand for clinical trials are key factors promoting market growth.
Furthermore, the rising cost of overall drug development techniques for pharmaceutical firms has led to the adoption of electronic clinical data management over paper based documentation, which is expected to drive market growth over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa clinical trials management system market , including forecasts for subscribers. This country databook contains high-level insights into South Africa clinical trials management system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa clinical trials management system market size, by delivery mode, 2017-2030 (US$M)
South Africa Clinical Trials Management System Market Outlook Share, 2023 & 2030 (US$M)
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