Risk-based Monitoring (RBM) Software Market Size, Share,Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027

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The Global Risk-based Monitoring (RBM) Software Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Risk-based Monitoring (RBM) Software market outlook over the forecast duration (2021-2027).

 During the forecast period, the global risk-based monitoring (RBM) software market is anticipated to expand significantly, owing to the increasing need for source data verification solutions in clinical trials. Rising demand for cost-effective monitoring systems for use in clinical trials is expected to further fuel the global risk-based monitoring (RBM) software market during the forecast period. Moreover, rising adoption of the risk-based monitoring software solution in clinical trials for better outcomes is anticipated to boost the market in the near future.

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Some Key Highlights in the Report:

  • In December 2020, ERT Inc. announced its merger with BioClinica, Inc. The move would enable ERT to keep reinventing end-point data collection by offering better-quality data and more streamlined solutions to meet its customers' priorities in terms of high performance, improved efficiency, safer clinical trials, and patient-centric digital solutions.
  • The web-based segment is expected to lead the market, expanding at a CAGR of 13.4% during the forecast period, due to advantages of web-based risk-based management applications such as enhanced data security, enhanced scalability, lower operating costs, simple software deployment, and enhanced configuration.
  • The dashboard monitoring segment is expected to retain the largest market share during the forecast period. Dashboard monitoring gives a look at the specific information of the status of each test site based on risk factors of the test. 

Regional Overview:

The global Risk-based Monitoring (RBM) Software market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Risk-based Monitoring (RBM) Software market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Leading companies profiled in the report:

ERT Inc., Veeva Systems Inc., Anju Software, Inc., PerkinElmer Inc., Quanticate Inc., Dassault Systèmes SE, DataTrak International, Inc., International Business Machines Corporation, PAREXEL International Corporation, and MaxisIT Inc.

Emergen Research has segmented the global risk-based monitoring (RBM) software market on the basis of deployment, monitoring process, end-use, and region.

Deployment Outlook (Revenue, USD Million; 2017–2027)

  • Cloud-based
  • On-premises
  • Web-based

Monitoring Process Outlook (Revenue, USD Million; 2017–2027)

  • Statistical Analysis
  • Targeted on-site Investigation
  • Dashboard Monitoring
  • Data Collection & Submission

End-use Outlook (Revenue, USD Million; 2017–2027)

  • Pharmaceutical & Biopharmaceutical Companies
  • Medical Device Companies
  • Contract Research Organizations
  • Others

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Key point summary of the report:

  • The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
  • It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
  • The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
  • It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
  • The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
  • The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Risk-based Monitoring (RBM) Software Market:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • K.
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

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