Global Clinical Trial Platform Market Set to Reach USD 5.43 Billion by 2031, With a Sustainable CAGR Of 14.6% | Growth Market Reports

PUNE, India, Feb. 2, 2023 /PRNewswire/ -- According to a recent market study published by Growth Market Reports, titled, "Clinical Trial Platform Market by Deployment Mode (Web & Cloud-based and On-premise), Software & Solution (EDC, eCOA/ePRO, eConsent, and Others), End-user (Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Medical Device Manufacturers, and Others), and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031", the market size was USD 1.59 billion in 2022 and is expected to reach USD 5.43 billion expanding at a CAGR of 14.6% by the end of 2031. The global market growth is attributed to the increasing demand for a clinical trial platform to manage clinical trials in clinical research.

Key Market Players Profiled in the Report

• Clario
• Veeva Systems Inc.
• Medidata
• Medable, Inc.
• Tata Consultancy Services Limited
• Cognizant Technology Solutions Corp
• Accenture
• HCL Technologies Limited
• THREAD
• Obvio Health USA, Inc.
• Cloudbyz
• SyMetric

Download PDF Sample here: https://growthmarketreports.com/request-sample/4919

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include deployment mode, software & solution, and competitor analysis.

This report also includes a complete analysis of industry players and covers their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping market players to expand their market share.

Highlights on the segments of the Clinical Trial Platform Market

Based on Deployment Mode, the global clinical trial platform market is segmented into web & cloud-based, and on-premise. The on-premise segment is anticipated to register a CAGR during the forecast period owing to the increasing adoption of on-premise ones as it provides an internal network that is accessible anytime.

For Any Questions on This Report: https://growthmarketreports.com/enquiry-before-buying/4919

On the basis of software & solution, the global market is divided into EDC, eCOA/ePRO, eConsent, and others. The EDC segment held a dominant share of the market in 2022 as these systems are widely used eClinical tools. EDCs have CDISC-compliant templates making it easy to design and export electronic case report forms (eCRFs).

In terms of end-user, the global clinical trial platform market is categorized as pharmaceutical & biotechnology companies, contract research organizations (CROs), medical device manufacturers, and others. The CRO segment is anticipated to register a considerable CAGR during the forecast period. The rising trends of digitalization, personalized medicine, and globalization led to the externalization of clinical healthcare and life sciences companies to CROs.

In terms of region, the global market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America held the dominant share in 2022. The presence of key companies and the high prevalence of chronic diseases promote the demand for clinical trial platforms in the region.

To Buy the Complete Report: https://growthmarketreports.com/report/clinical-trial-platform-market-global-industry-analysis

Key Takeaways from the Study:

• The rapid growth in the adoption of clinical trial platforms as it aids in managing clinical trials in clinical research.
• A clinical trial platform, also known as a clinical trial management system (CTMS), is used to organize and streamline the clinical research workflow.
• The increasing number of clinical trials in emerging economies with development in R&D can likely drive the global market.
• The demand for the cloud-based platform is rapidly increasing as These solutions update platform and patch management systems automatically reducing the pressure on in-house IT workers and saving money.
• A unified clinical trial platform such as Clinical One provides all trial protocols, workflows, and data. It makes it easier to support not only standard study locations but also decentralized and hybrid trials, which are becoming more common.
• High use of the web-based clinical trial platform by pharmaceutical and biotech companies for simplified platform distribution and the short time between two clinical trial activities are expected to open up new opportunities in the market in the coming years.
• It is anticipated that the market in North America grows quickly during the projected period, due to the wide presence of leading manufacturers and the high prevalence of chronic diseases promoting the demand for clinical trial platforms in the region.

Read 253 Pages Research Report with Detailed ToC on "Clinical Trial Platform Market by Deployment Mode (Web & Cloud-based and On-premise), Software & Solution (EDC, eCOA/ePRO, eConsent, and Others), End-user (Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Medical Device Manufacturers, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast, 2023 – 2031"

Get Full Access to this Report: https://growthmarketreports.com/checkout/4919

Key Segments Covered

Deployment Mode

• Web & Cloud-based
• On-premise

Software & Solution

• EDC
• eCOA/ePRO
• eConsent
• Others

End-user

• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations
• Medical Device Manufacturers
• Others

Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Other Related Reports:

• Clinical Laboratory Tests Market by Types (Complete Blood Count, HGB/HCT tests, Basic Metabolic Panel , BUN Creatinine tests, Electrolyte Testing, HbA1c tests, Comprehensive Metabolic Panel, Liver Panel [Hepatitis, Bile Duct Obstruction, Liver Cirrhosis, Liver Cancer, Bone disease, Autoimmune Disorders, and Others], Renal Panel, and Lipid Panel), End-users (Central Laboratories [Complete Blood Count, HGB/HCT, Basic Metabolic Panel, BUN Creatinine Tests, Electrolytes Testing, HbA1c Tests, Comprehensive Metabolic Panel, Liver Panel, Renal Panel, and Lipid Panel], and Primary Clinics[Complete Blood Count, HGB/HCT, Basic Metabolic Panel, BUN Creatinine Tests, Electrolytes Testing, HbA1c Tests, Comprehensive Metabolic Panel, Liver Panel, Renal Panel, and Lipid Panel]), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
• Blockchain Technology in Healthcare Market by Type (private and public), Application (clinical trials & e-Consenting, supply chain management, claims adjudication & billing, and clinical data exchange & interoperability), by End-use (insurance providers, hospitals, drug and medical device companies, and others) and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast From 2022 To 2030
• Global Clinical Trials Consumables Market by Type (Plastic Labware, Lab Glassware, Others), By Application (Biopharmaceutical, Medical, Others) and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), Forecast To 2028
• Global Clinical Trials Imaging Market by Type (Computed Tomography, Ultrasound, Echocardiography, Magnetic Resonance Imaging, Positron Emission Tomography, X-Ray, Other Modalities), By Application (Biotechnology Companies, Pharmaceutical Companies, Contract Research Organizations, Medical Device Manufacturers, Academic and Government Research Institutes, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

About Growth Market Reports:

Growth Market Reports provides global enterprises as well as small & medium businesses with unmatched quality of "Market Research Reports" and "Industry Intelligence Solutions". Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, and secondary research & consumer surveys.

Contact:

Alex Mathews
7^th Floor, Siddh Icon,
Baner Road, Pune.
Maharashtra – 411045. India.
Phone: +1 909 414 1393
Email: sales@growthmarketreports.com
Web: https://growthmarketreports.com
Twitter: https://twitter.com/growth_reports
LinkedIn: https://www.linkedin.com/company/growth-market-report/

Logo: https://mma.prnewswire.com/media/1980656/Growth_Market_Reports_Logo1.jpg