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$1.8 Bn Electronic Trial Master File (eTMF) Systems Markets, 2024DUBLIN, Sept. 2, 2019 /PRNewswire/ -- The "Electronic Trial Master File (eTMF) Systems Market by Component (Services, Software), End-User (Pharmaceutical & Biotechnology Companies, Contract Research Organizations), Delivery Mode (On-Premise, Cloud-Based), and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.  The electronic trial master file (eTMF) systems market is projected to reach USD 1.8 billion by 2024 from USD 1.0 billion in 2019, at a CAGR of 12.7%. Growth in the eTMF systems market can be attributed primarily to the rising adoption of eTMF systems, a growing number of clinical trials, partnerships between biopharma companies & CROs, increasing funding to support clinical trials, and the growth in the R&D spending by pharma & biotech companies. Emerging countries are expected to provide significant opportunities for players in the market. However, budget constraints, data privacy issues, and a dearth of skilled professionals will challenge market growth in the coming years These companies focus on organic and inorganic strategies, such as product deployments, partnerships, and solution enhancements to gain a competitive edge in the market. Key Topics Covered: 1 Introduction 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Rising Adoption of eTMF Systems 5.2.1.2 Rising Number of Clinical Trials 5.2.1.3 Rising Government Funding and Grants to Support Clinical Trials 5.2.1.4 Increasing R&D Expenditure By Pharma-Biotech Companies and It Expenditure Allocations 5.2.2 Restraints 5.2.2.1 Budget Constraints 5.2.3 Opportunities 5.2.3.1 Emerging Asian Markets 5.2.4 Challenges 5.2.4.1 Clinical Data Privacy 5.2.4.2 Dearth of Skilled Professionals for Operating eTMF Systems 6 eTMF Systems Market, By Component 6.1 Introduction 6.2 Services 6.2.1 Reliance on Services Will Remain High in the Coming Years, Ensuring Strong Growth in Demand 6.3 Software 6.3.1 Rising Adoption of Software is Driving High Growth in the Market 7 eTMF Systems Market, By Delivery Mode 7.1 Introduction 7.2 Cloud-Based eTMF 7.2.1 Cloud-Based eTMF Segment to Register Higher Growth During the Forecast Period 7.3 On-Premise eTMF 7.3.1 Lack of Remote Access Capabilities to Restrain the Demand for On-Premise eTMF 8 eTMF Systems Market, By End User 8.1 Introduction 8.2 Pharmaceutical & Biotechnology Companies 8.2.1 Pharmaceutical & Biotechnology Companies are Major End-Users of eTMF Systems 8.3 Contract Research Organizations 8.3.1 Increasing Outsourcing of Clinical Trials By Pharmaceutical & Biotechnology Companies to Cros is Driving the Adoption of eTMF Systems 8.4 Other End Users 9 Electronic Trial Master File (eTMF) Systems Market, By Region 9.1 Introduction 9.2 North America 9.2.1 US 9.2.1.1 Favorable Government Funding Scenario and A Large Number of Ongoing Clinical Trials are Driving the Adoption of eTMF Systems in the US 9.2.2 Canada 9.2.2.1 Favorable Regulatory Conditions and Growing Partnerships in Canada to Support Market Growth 9.3 Europe 9.3.1 Germany 9.3.1.1 Germany to Register the Highest Growth in the European eTMF Systems Market During the Forecast Period 9.3.2 UK 9.3.2.1 Growing Number of Biopharmaceutical and Medical Device Companies to Propel the Adoption of eTMF Systems in the UK 9.3.3 France 9.3.3.1 Rising Focus on Biosimilars to Create A Potential Market for eTMF Systems in France 9.3.4 Rest of Europe 9.4 Asia Pacific 9.4.1 China 9.4.1.1 Growing Outsourcing of Clinical Trials to Cros to Support Market Growth in China 9.4.2 Japan 9.4.2.1 Government Initiatives and Partnerships Among Pharmaceutical Companies and Cros to Drive Market Growth in Japan 9.4.3 Rest of Asia Pacific 9.5 Rest of the World 10 Competitive Landscape 10.1 Overview 10.2 Market Ranking of Players, 2018 10.3 Competitive Leadership Mapping 10.4 Competitive Scenario 11 Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/87b41f Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets
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