Clinical Trial Management System – Global Industry Growth Expectations
A clinical trial management system (CTMS) is a
software system used to manage clinical trials. It streamlines the clinical
trial process and optimizes operational efficiency. This helps reduce the
overall cost of conducting clinical trials. CTMS assist companies that conduct
clinical trials such as CROs; medical device, pharmaceutical and biotechnology
companies to plan, track, and manage clinical...
Clinical Trial Management Systems: See How the Different Strategies Adopted by Major Industry Leaders Boosts the Global Growth
Factors such as significant partnerships between biopharma companies and CROs, rising number of clinical trials, availability of advanced CTMS solutions, growing customer base for CTMS solutions, and rising government funding & grants to support clinical trials are driving the overall demand for CTMS across key markets. However, budget constraints and limited awareness among researchers about the...