Clinical Trial Management System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2019

The global clinical trial management systems market is growing at a substantial pace owing to the rise in research activities in life sciences, pharmaceuticals and clinical research industries. The global CTMS market, the market that covers software solutions capable of storing, managing and analyzing data associated with drugs in clinical systems, enables enhanced productivity and effectiveness of clinical trials. Such solutions empower research centers and organizations and lead to improved research results.



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The report provides analysis of various segments of the market in great depth, while also identifying the strengths and weaknesses of prevalent operations and trends, and suggesting strategic business solutions for the same. The report explores the key regional markets, their contribution, and market shares in the overall CTMS market. The CTMS market in emerging economies and its scope of expansion in these regions is also analyzed in the report, together with major market drivers and inhibitors.



Overview of the Global Clinical Trial Management Systems Market
The CTMS market has made enormous progress in the Asia-Pacific region as the adoption of clinical trial management systems in the field of medical research and pharmaceuticals industry have increased manifold over the past decade. On a global front, the CTMS market had an estimated net worth of approximately US$844 million in 2013. By growing at a compound annual growth rate of 14% during the forecast period, the worldwide CTMS market is expected to acquire market value worth US$1,848.5 million by 2019.



A major factor that has positively influenced the CTMS market is the integration of CTMS solutions with Hospital Information Systems (HIS). This has allowed the global CTMS market in achieving substantial growth in the past few years. Rising prevalence of chronic diseases across the globe is also proving detrimental in growth of the global CTMS market.



The overall industry is segmented on the basis of delivery modes of CTMS solutions, types of CTMS solutions, major end users of CTMS solutions, components of a typical CTMS solution, and the major regional markets. Web based CTMS solutions are the lead revenue generator amongst the various types of modes of delivery. Amongst the various end-user industries, pharmaceutical industry is the largest share holder of the CTMS market. North America leads the CTMS market in terms of regionally active geographic markets. Amongst the various components of a typical CTMS solution, the segment of software is the lead revenue generator.



Asia is the fastest growing regional market and cloud based CTMS solutions are the fastest growing modes of delivery of CTMS solutions.



Companies mentioned in the research report
A major portion of market shares of the global CTMS market is captured by two leading companies – PAREXEL and the Oracle Corporation. Apart from these, the key market players that dominate the global CTMS market include MedNet Solutions, Bio-Optronics, eClinforce, BioClinica, DSG and Forte Research, among others.



Major geographies analyzed under this research report are:
Europe
North America
Asia-Pacific
Rest of the World
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights of this report
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements in the micro servers industry
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments



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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.



TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.



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Laboratory Information System Market - Global Forecast, 2013 – 2019

Laboratory Information System Market (Application Based- Clinical Diagnostics LIS and Drug Delivery LIS; Delivery Based- Web Based Technology, On-premise Technology and Cloud Based Technology; Component Based- Hardware, Software and Services) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

laboratory information system is a complex information system designed for data and information management related to industrial and medical-related laboratories including clinical and analytical laboratories. Laboratory information system allows users to obtain, store, manage, retrieve and record laboratory data. Laboratory information system provides information that helps in the diagnosis, prevention, management and treatment of disease, as well as being an indicator for individual and population health. There is no standard laboratory information system designed due to the fact that client laboratories are highly diverse and have different requirements. Therefore, a laboratory information system is developed, customized and configured according to the needs of a laboratory. Globally, improvement in healthcare services is playing a major role in increasing the demand of laboratory information system. As a result, this market is expected to grow at a CAGR of about 7.7% during 2013 – 2019.


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Some of the key driving factors for the laboratory information systems market are increasing need for integrated healthcare information systems, rising government initiatives and rising investments by healthcare IT players. Also, improvement in healthcare services in different parts of the world is increasing the global laboratory information systems market. However, the market faces some restraints such as lack of experienced professionals, high maintenance and service expenses and interoperability issues. Increasing use of mobile phones and companies focusing on new product launches are some of the major trends witnessed in the laboratory information systems market.


North America has the largest laboratory information systems market. Rising cases of fatal diseases and their diagnostic and treatment needs are some of the major factors driving the demand for laboratory information systems in the region. Also, its public funded structure is acting as a significant driver for the North American market for laboratory information systems. In addition to increasing disease incidences, government initiatives to promote the use of laboratory information systems have resulted in Europe becoming the fastest growing laboratory information systems market. At the country level, some of the fastest growing markets for laboratory information systems market include Japan, Germany, U.S. and U.K.. Emerging markets which hold huge potential and increasing demand for powerful IT systems in diagnostic and medical laboratories are some of the major opportunities for the laboratory information systems market.


Clinical diagnostics laboratory information system has the largest market share on the basis of its applications and is expected to grow at a CAGR of about 8.9% during 2013 – 2019. On the basis of its mode of delivery, the market can be classified into web based technology, on-premise technology and cloud based technology market for laboratory information systems.

McKesson Corporation is the leading player in the laboratory information systems market. Other major players of laboratory information systems market include Merge Healthcare Incorporated, Cerner Corporation and others.


In the segment of geographic analysis, the report identifies and analyses market sizes and forecast of North America, Europe, Asia Pacific and Rest of the World (RoW). North America region covers the scenario of the U.S.. Europe region covers the scenario of France, Germany and the U.K.. Asia Pacific region highlights the scenario of China and Japan.



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About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Contact
Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Government Incentive Programs to Boost the E-Prescribing Market

E-Prescribing is the system to broadcast information related to prescription among prescriber, dispenser, and pharmacy benefit manager electronically that allows a doctor and nurse to broadcast a new prescription electronically when any error in medication takes place at any stage in pharmacy operations. The global E-Prescribing market was worth US$111.2 million in terms of revenue in 2009. The market expanded itself to US$203.4 million in 2012, rising at 22.3% CAGR from 2009 to 2012. In 2013, the market was valued at US$250.2 million and is estimated to reach US$887.8 at 23.5% CAGR from 2013 to 2019.

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The E-Prescribing system is used in a number of applications, which includes preparation of complete medication list, complete information of formulary, data security checks, and patient chronological data. These highly developed features of E-Prescribing are some of the main factors that drive the market. In addition to these, enhanced healthcare and medical infrastructure has resulted in the rise in demand for E-Prescribing system. However, increasing cost of E-Prescribing system and lack of the privacy and security of patient create hindrances in the growth of E-Prescribing market. Lack of high-speed broadband facilities and IT professionals in rural areas are also some of the key restraints for the E-Prescribing market.


Surescripts, a countrywide health information network, recently reported that more than 1 billion prescriptions were sent electronically in the U.S.A in 2013. It was 788 million in 2012.


E-Prescribing Market - Analyzing the Driving Factors

The E-Prescribing market is analyzed on the basis of various segments, such as products, components, delivery, usage, end-user applications, and regional markets.


By product type, the E-Prescribing market is segmented into stand-alone systems and integrated systems. eClinicalWorks and Cerner Corporation are the top companies in the stand-alone market for eRx systems, while Practice Fusion and Athena Health are the major players of the integrated E-Prescribing market.


By component, the market is divided into hardware, software, and services. The services market is the fastest developing segment since training, deployment, and consultation of IT services is of main concern to the medical and healthcare industry. This is majorly because healthcare providers are not well aware with technology and its usage and require assistance of IT professionals and trained personnel to arrange systems and operate them.


Based on delivery, the market is classified into mode licensed (on-premise), web-hosted, and cloud hosted. This market is led by web-hosted IT providers such as Practice Fusion, Cerner Corporation, and Emdeon.

Similarly, on the basis of usage, it is categorized into mode PC-based and hand-held devices.
By end-user application, hospitals and office-based physicians are the two segments of the E-Prescribing market.

Geographically, the E-Prescribing market is divided into three categories, North America, Europe, and Asia. Europe accounts for the largest market share in the global E-Prescribing market. Integrated system is the biggest E-Prescribing system and web-based E-Prescribing system is the biggest delivery mode. Software is the main part of the E-Prescribing system. Additionally, hand-held device usage mode holds the largest market share and hospital holds the largest share in end user segment of E-Prescribing market.

In terms of development, North America is the fastest developing region for E-Prescribing market. Services are the top most emerging elements of the E-Prescribing system. Cloud-based system of E-Prescribing is the fastest developing delivery mode and office-based physician is the top most end-user of E-Prescribing market.

E-Prescribing Market - Major Companies

The key companies of the E-Prescribing market are Allscripts, eClinicalWorks, Practice Fusion, Inc., DrFirst, Emdeon, Henry Schein, Inc., HealthFusion, Inc., Surescripts, Cerner Corporation, and athenahealth, Inc.

Application of electronic medical accounts in accordance with E-Prescribing system has enormous opportunities for the development of the E-Prescribing market.

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About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
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Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
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Bioinformatics: A fusion of Computers and Biological Data:Transparency Market Research

Bioinformatics refers to an interdisciplinary approach to store, retrieve, organize and analyze biological and genetic data. A major part of this field comprises of the activity of developing software tools to generate and process useful biological data.

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Bioinformatics is not to be confused with biological computation. While bioinformatics simply makes use of computers for the better understanding of biology can its related concepts, biological computation refers to the subfield of computer engineering that seeks to build biological computers by using biology and bioengineering concepts.

Bioinformatics is, however, much similar to computational biology, only the scale of application and study differs - bioinformatics studies biological data on a molecular scale with keen attention to details while computational biology studies biological data by building large-scale theoretical models of biological systems and studying them with an abstract view to expand our knowledge about them.

Bioinformatics makes use of various laws of computer science, engineering, applied math and statistics to conceptualize biology in terms of bio-molecules (RNAs, DNAs) and process the resulting data in various ways in attempt to decode the code of life.

The use of computers has made the process of reading complex biological data much faster and efficient than before. Huge databases and information systems are used to store and retrieve data; analytical algorithms in soft computing, artificial intelligence, data mining, image processing, etc. are used to analyze data; algorithms in turn depend on theoretical principles of statistics, applied and discrete mathematics, system theory and control theory. As such, bioinformatics uses a good mix of many fundamental principles as well as many applied theories and sciences to manage biological data.

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Aims of bioinformatics

Bioinformatics has threefold aims. Firstly, it manages data in such a manner that it becomes quite easy for researchers to access existing data and submit new data as they are produced. While data storage is an essential task for data management, any kind of data is practically useless unless it is analyzed. Thus, the purpose of bioinformatics is extended further because of data analysis.

The second aim of bioinformatics is to develop systems and tools to analyze data properly. For instance, after having a particular protein sequenced, it is necessary to compare it with a previously sequenced sample. To do this, a program a lot more advanced than a simple text-based comparator is required to understand the biological significance between the differences as well as the similarities in the two sequences studied. Bioinformatics aims at development of such complex tools by using expertise in computational theory and biological understanding.

The third aim of bioinformatics is to analyze the biological data through the use of complex mechanisms and convert the data in such a form that is biologically meaningful. In traditional biological studies, examining individual systems and comparison with only a few related fields was possible. But Bioinformatics has allowed the global analysis and comparison of data available from a variety of fields. Clearly, developing methods to assess the differences between different varieties of biomolecules and identifying similarities over a wide range of dissimilar sources is an essential aspect of managing the huge volumes of data and thus of bioinformatics.

Conclusion:

This field, which was originally developed for the analysis of biological sequences, has now grown to encompass a wide range of areas such as genomics, gene expression, structural biology, etc.

Almost all studies in bioinformatics underpin to two basic approaches. First is that of comparing and grouping biological data according to biological similarities and the second that of analyzing one type of data and using the information thus obtained to infer the observations from some other type of data.

These two approaches in bioinformatics are reflected in the main aims of the field that are storing, organizing and analyzing biological data with keen attention to details on a molecular scale. This has allowed bioinformatics in providing not only greater depth but also adding the dimension of breadth to biological investigations.

This has essentially provided us the opportunity to study individual systems in details with the ones that are related to reveal the similar traits between some systems and underline some unusual features, if any, which are unique

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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Contact



Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/