The Europe Clinical Trials Matching Software Market would witness market growth of 13.2% CAGR during the forecast period (2023-2030).
Patient recruitment and matching in clinical trials can be time-consuming, and finding a suitable match can be challenging. While recruiting patients, screening or locating qualified potential participants, considering all aspects of the trials, confirming awareness, and obtaining informed consent are all considered. Importantly, individuals must be enrolled following the eligibility requirements; therefore, the trial matching technology has proven useful, particularly in the COVID-19 scenario. The software not only aids in finding the ideal match but also reduces R&D expenses, allowing for more efficient operations without human intervention. The software vendors are implementing innovative techniques to strengthen their market position.
The digitization of research paves the way for expanding the market. Pharmaceutical companies, biotechnology firms, clinical research organizations, and manufacturers of medical devices regularly conduct clinical trials to assess the safety and efficacy of new medications, diagnostics, and treatments. The market expansion is likely fuelled by the increasing cases of chronic diseases and the increasing demand for clinical trials. In addition, the digitization of research facilitates the development of new markets. Utilizing cutting-edge technologies such as EDC and clinical trial management systems, market participants can keep track of patient data and reduce expenses associated with monitoring.
The market in Europe has been experiencing steady growth over the years, driven by several factors contributing to adopting these solutions in the region. Europe boasts a well-developed and advanced healthcare infrastructure, including world-class research institutions, hospitals, and clinical trial sites. This infrastructure supports conducting a wide range of clinical trials, driving the demand for CTMS solutions. Europe is a hub for clinical research, with a high volume of clinical trials across various therapeutic areas. The growing number of trials necessitates efficient trial management tools, leading to the adoption of CTMS solutions.
The Germany market dominated the Europe Clinical Trials Matching Software Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $21,159.5 Thousands by 2030. The UK market is exhibiting a CAGR of 12.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 14.1% during (2023 - 2030).
Based on Deployment Mode, the market is segmented into Web & Cloud-based, and On-premises. Based on End-use, the market is segmented into Pharmaceutical & Biotechnology Companies, CROs, and Medical Device Firms. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Clinical Trials Matching Software Market will Hit $362.7 Million by 2030, at a CAGR of 13.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Clario, IBM Corporation, Antidote Technologies, Inc., Ofni Systems Inc., Advarra, Inc., ArisGlobal LLC (Nordic Capital Limited), Teckro, Inc., BSI Business Systems Integration AG, Clinical Trials Mobile Application, Optimapharm d.o.o.
By Deployment Mode
By End-use
By Country
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