Pharmaceutical and biotechnology companies are engaged in conducting regulated clinical trials, which must comply with regulatory requirements of the government regarding clinical trials. One of the essential criteria required for regulatory compliance involves maintaining and storing essential documents related to that clinical trial. Trial Master File refers to a set of essential documents and content that gives the idea as to how clinical trials are conducted and managed based on regulatory requirements. These essential documents allow for the evaluation of the conduct and quality of the clinical trial. Electronic Trial Master File (eTMF) refers to a digital format of capturing, sharing, managing, and storing essential documents related to clinical trials. It is a content management software for the pharmaceutical industry for efficient storage and organization of images, documents, and other content obtained from clinical trials that may be required for compliance with government regulatory agencies.
Market Dynamics
Increasing adoption of electronic trial master file (eTMF) software by the biotechnology and pharmaceutical industry for the documentation of the clinical trials is expected to drive the growth of the global electronic trial master file (eTMF) market over the forecast period. For instance, in March 2021, Veeva Systems, a cloud-computing company, announced that LSK Global Pharma Services Co. Ltd, a contract research organization (CRO), adopted and integrated softwares such as Veeva Vault eTMF, Veeva SiteVault Free, and Veeva Vault CTMS. LSK Global Pharma Services Co. Ltd, with the application of these software, will accelerate clinical trial execution. Similarly, in October 2021, Medidata announced partnership with Translational Drug Development (TD2), a precision oncology contract research organization (CRO). The TD2 signed an agreement to adopt Medidata’s Rave Clinical Trial Management System (CTMS) and eTMF electronic trial master file (eTMF) software. Rave CTMS and eTMF are major offerings, that is modifying the clinical trial experience for patients, sponsors, clinical research organizations (CROs), and research sites.
Key features of the study:
- This report provides an in-depth analysis of the global electronic trial master file (eTMF) market, provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global electronic trial master file (eTMF) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, strategies
- Key companies covered as a part of this study include Phlexglobal, Montrium Inc., TransPerfect, IQVIA, Veeva Systems, Clinevo Technologies, Ennov, MasterControl, Inc., ArisGlobal, Florence HC, Medidata, and SureClinical Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global electronic trial master file (eTMF) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have an ease in decision-making through various strategy matrices used in analyzing the global electronic trial master file (eTMF) market
Detailed Segmentation:
- Global Electronic Trial Master File (eTMF) Market, By Product Type:
- Global Electronic Trial Master File (eTMF) Market, By Deployment Type:
- Global Electronic Trial Master File (eTMF) Market, By End User:
- Biotechnology and Pharmaceutical Companies
- Contract Research Organizations (CRO’s)
- Research Institutes
- Global Electronic Trial Master File (eTMF) Market, By Region:
- North America
- By Product Type
- By Deployment Type
- By End User
- Biotechnology and Pharmaceutical Companies
- Contract Research Organizations (CRO’s)
- Research Institutes
- By Country
- Latin America
- By Product Type
- By Deployment Type
- By End User
- Biotechnology and Pharmaceutical Companies
- Contract Research Organizations (CRO’s)
- Research Institutes
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Product Type
- By Deployment Type
- By End User
- Biotechnology and Pharmaceutical Companies
- Contract Research Organizations (CRO’s)
- Research Institutes
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type
- By Deployment Type
- By End User
- Biotechnology and Pharmaceutical Companies
- Contract Research Organizations (CRO’s)
- Research Institutes
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type
- By Deployment Type
- By End User
- Biotechnology and Pharmaceutical Companies
- Contract Research Organizations (CRO’s)
- Research Institutes
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type
- By Deployment Type
- By End User
- Biotechnology and Pharmaceutical Companies
- Contract Research Organizations (CRO’s)
- Research Institutes
- By Country/Region
- South Africa
- Central Africa
- North Africa
- Company Profiles
-
- Phlexglobal *
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Montrium Inc.
- TransPerfect
- IQVIA
- Veeva Systems
- Clinevo Technologies
- Ennov
- MasterControl, Inc.
- ArisGlobal
- Florence HC
- Medidata
- SureClinical Inc.
“*” marked represents similar segmentation in other categories in the respective section.
