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Clinical Data Management Systems (CDMS) Market Size
- Report ID: GMI3131
- Published Date: Oct 2023
- Report Format: PDF
Clinical Data Management Systems Market Size
Clinical Data Management Systems Market accounted for USD 2.3 billion in 2022 and is estimated to grow at 11.2% between 2023 and 2032 to be valued at USD 6.8 billion. The increasing volume and complexity of clinical trials and research studies necessitate advanced data management solutions to efficiently collect, organize, and analyse the vast amount of patient data generated.
For instance, as per the ClinicalTrials.gov, as of May 2023, there were 452,604 registered clinical trials globally. Such rising number of clinical trials is surging the demand for rapid and innovative technologies for effective management of clinical trial data. Additionally, the growing emphasis on data quality, integrity, and compliance with stringent regulatory requirements has propelled the demand for sophisticated data management systems.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Clinical Data Management Systems Market Size in 2022: | USD 2.3 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 11.2 % |
| 2032 Value Projection: | USD 6.8 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 115 |
| Tables, Charts & Figures: | 130 |
| Segments covered: | Delivery Mode, End-use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Clinical data management system (CDMS) is one of the most important parts of digital clinical solutions that help deliver valid, error-free, and statistical database. The tool is used in clinical research to store and manage the data of a clinical trial. The clinical trial data is then gathered at the investigator site in the case report form (CRF) and is stored in the CDMS.
Frequently Asked Questions (FAQ) :
Clinical Data Management Systems Market Scope
