Electronic Trial Master File (eTMF) Market Size 2022 : Share, Growth Analysis and Driving Factors Forecast to 2028
NEW JERSEY, UNITED STATES, February 11, 2022 /EINPresswire.com/ — Description
New Research Study “”Electronic Trial Master File (eTMF) Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook”” has been added to Coherent Market insight
The global electronic trial master file (eTMF) market is estimated to be valued at US$ 939.6 million in 2021 and is expected to exhibit a CAGR of 8.9% during the forecast period (2021-2028).
The report on the Electronic Trial Master File (eTMF) market is an accumulation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry specialists and industry participants over the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per various segments. The report further maps the qualitative impact of diverse market factors on market segments and geographies. The base year for the market is calculated to be from 2022 to 2028.
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This report includes information on the industry’s market growth as well as key segmentation variables that help the global Electronic Trial Master File (eTMF) Market prosper in today’s environment. The report also emphasises the importance of regional classification in the global Electronic Trial Master File (eTMF) Market. Due to growing demand, the worldwide Electronic Trial Master File (eTMF) Market will eventually create more revenue and have a higher market size than the previous projected period.
Major Key players in this Market:
• Phlexglobal
• Montrium Inc.
• TransPerfect
• IQVIA
• Veeva Systems
• Clinevo Technologies
• Ennov
• MasterControl Inc.
• ArisGlobal
• Florence HC
• Medidata
• SureClinical Inc
Drivers & Trends
The projections featured in the Electronic Trial Master File (eTMF) market have been derived using proven research and assumptions from the existing drivers and trends. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including applications, SWOT analysis, future opportunities, latest developments, and more. Several potential growth factors and risks are also evaluated to get an acute hold of the overall market.
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Global Electronic Trial Master File (eTMF) Market Segmentation:
By Product Type:
• Software
• Services
By Deployment Type:
• On-premise
• Web/Cloud
By End User:
• Biotechnology and Pharmaceutical Companies
• Contract Research Organizations (CROs)
• Research Institutes
Regional Outlook:
The report on the global Electronic Trial Master File (eTMF) Market demonstrates each factor grounded on regions and other parts. This report outlines the features that are impacting the request worldwide. The countries considered in the report are the Us, Canada, India, China, Japan, Brazil, Mexico, and numerous further. The request has registered outstanding growth in North America, Europe, Asia-Pacific, Latin America, and other regions.
Global Electronic Trial Master File (eTMF) Market – Impact of Coronavirus (COVID-19) Pandemic
The coronavirus pandemic is the most recent outbreak, which was first reported on December 31, 2019 in Wuhan, China. The World Health Organization declared COVID-19 a pandemic on March 11, 2020. According to the Coronavirus Disease (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 249 million cases and over 5 million deaths due to coronavirus disease were reported till November 7, 2021 across the globe.
The COVID-19 virus outbreak impacted the healthcare sector substantially. Pharmaceutical companies and research institutes are increasingly focusing on advancing their digital platforms related to clinical trials, such as software for the rapid development of therapeutic drugs and vaccines. For instance, in July 2021, University College London (UCL), an academic research organization, adopted Phlexglobal’s advanced eTMF solution for transforming its paper-based processes to innovative eTMF solutions for enhancing efficiency, quality, and compliance of its Trial Master File management. UCL is engaged in conducting extensive research in COVID-19 therapies in addition to its broad portfolio across multiple therapeutic areas; hence, with the help of this new software, the organization can streamline its TMF management.
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The Study Objectives of This Report Are:
· SWOT Analysis focuses on worldwide main manufacturers to define, assess, and analyse market competition. By kind, application, and region, the market is defined, described, and forecasted.
· Examine the global and main regional market potential and advantage, opportunity and challenge, constraints and risks.
· Determine whether trends and factors are driving or limiting market growth.
· By identifying high-growth categories, stakeholders would be able to analyse market potential.
· Conduct a strategic study of each submarket’s growth trends and market contribution.
· Expansions, agreements, new product launches, and acquisitions in the market are all examples of competitive developments.
· To create a strategic profile of the main players and analyse their growth plans in depth.
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