Infinium Global Research Global Clinical Trials Management Systems Market-2 | Page 2

Clinical Trails Management Systems (CTMS) Market - Global Industry
Analysis, Size, Share, Trends and Forecast 2015 – 2023
The report on Clinical Trails Management Systems (CTMS) Market by Infinium Global Research
analyzes over the period of 2017 to 2023. This report also provides detailed qualitative and
quantitative analyses of the market dynamics, market size and future trends in Global Clinical Trails
Management Systems (CTMS) Market. It will help a lot of decision makers to develop strategies and
find new opportunities in the Global Clinical Trails Management Systems (CTMS) Market.
The global market for Clinical Trials Management Systems (CTMS) was valued at around
USD734.8million in 2016 and is expected to reach USD1,834.2million by 2023, growing at a CAGR of
around 14.2% during the forecast period of 2017e to 2023f.CTMS is a software system used by
biotechnology and pharmaceutical industries to manage clinical trials in clinical research. The system
maintains and manages planning, performing and reporting functions, along with participant contact
information, tracking deadlines and milestones. Often, a clinical trial management system provides
data to a business intelligence system, which acts as a digital dashboard for trial managers.
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