The Worldwide Electronic Trial Master File Industry is Expected to Reach $2.3 Billion by 2027: Ongoing Expansion of Pharmaceutical Sectors Drives Growth

Dublin, Dec. 20, 2022 (GLOBE NEWSWIRE) -- The "Global Electronic Trial Master File (eTMF) Systems Market (2022-2027) by Technology, Product, Device, Application, End-User, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Electronic Trial Master File (eTMF) Systems Market is estimated to be USD 1.41 Bn in 2022 and is projected to reach USD 2.31 Bn by 2027, growing at a CAGR of 10.4%.

Market dynamics are forces that impact the prices and behaviors of the Global Electronic Trial Master File (eTMF) Systems Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service.

Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Dell EMC, Freyr Solutions, IQVIA, Labcorp Drug Development, Novotech, Oracle, PharmaCircle, SureClinical, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas) Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe) Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA) Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Electronic Trial Master File (eTMF) Systems Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The report analyses the Global Electronic Trial Master File (eTMF) Systems Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Electronic Trial Master File (eTMF) Systems Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Numbers of Clinical Trials Worldwide
4.1.2 Ongoing Expansion of Pharmaceutical Sectors
4.1.3 Increasing Requirement for Data Management and Storage by Healthcare Organisations
4.1.4 Adoption of Digital System with Favorable Governmental Initiatives
4.2 Restraints
4.2.1 High Cost Associated with Installations and Management of eTMF Systems
4.3 Opportunities
4.3.1 Emergence of Advanced Cloud-Based Systems
4.3.2 Emerging Asian Markets
4.4 Challenges
4.4.1 Concern Regarding the Medical Data Privacy and Misuse

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Electronic Trial Master File (eTMF) Systems Market, By Component
6.1 Introduction
6.2 Software
6.3 Service

7 Global Electronic Trial Master File (eTMF) Systems Market, By Delivery Mode
7.1 Introduction
7.2 Cloud-Based eTMF
7.3 On-Premise eTMF

8 Global Electronic Trial Master File (eTMF) Systems Market, By End User
8.1 Introduction
8.2 Pharmaceutical & Biotechnology Companies
8.3 Contract Research Organizations
8.4 Others

9 Americas' Electronic Trial Master File (eTMF) Systems Market

10 Europe's Electronic Trial Master File (eTMF) Systems Market

11 Middle East and Africa's Electronic Trial Master File (eTMF) Systems Market

12. APAC's Electronic Trial Master File (eTMF) Systems Market

13 Competitive Landscape

14 Company Profiles

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/wqsgh1

Attachment

• Global Electronic Trial Master File (eTMF) Systems Market