AMA recognizes the following companies as the key players in the Global Healthcare Clinical Trial Management System market: Oracle Corporation (United States), Medidata Solutions, Inc. (United States), PAREXEL International Corporation (United States), Bioclinica (United States), Bio-Optronics, Inc. (United States), IBM Corporation (United States), Bioclinica (United States), MedNet Solutions Inc. (United States), ArisGlobal LLC (United States) and DSG, Inc. (United States).
An analyst from AdvanceMarketAnalytics team said: One of the key factors which is trending the market is Adoption of Platform-as-a-Service (PaaS) and Mobile Computing and The Growth in Number of Clinical Trials by Market Players. Considering the revolutionary changes occurring in this market, there is a growing demand from the use of Healthcare Clinical Trial Management System such as Enterprise CTMS and Site CTMS.
According to the report, some of the important driving forces behind the market growth are Increasing Number of Partnerships between Biopharma Companies and Contract Research Organizations (CROs)
. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Players, additional restraints impacting market are Budget Constraints in Various Developing Economies
which is continuously seeking attention of Industry Experts and Decision makers.
The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Players.