We outline the market outlook for clinical trial site management software in clinical research, pharma, and healthcare — from market size, to leading companies, to recommendations for players in the space.
What is clinical trial site management software?
Clinical trial management software (CTMS) streamlines clinical operations by providing insight into research portfolios and ensuring regulatory and billing compliance. These solutions also centralize and standardize the billing process, including sponsor invoicing and subject visit tracking.
CTMS solutions often integrate with EHR systems to facilitate faster patient data transfer. They also provide streamlined reporting, which is crucial for the scientific review committee process. CTMS solutions will become increasingly important as the number of clinical trial sites increases with the growth of decentralized clinical trials that offer conduct trial activities remotely.
Features & capabilities
CTMS provides CROs, pharma, and healthcare companies with several capabilities and tools, including:
- Document workflow management aligned with compliance requirements
- Site monitoring to ensure quality of trials and mitigate safety risks
- Real-time trial tracking
- Remote site access and collaboration platforms for sponsors and CROs
- Standardized data collection based on templates from global research sites
At a high level, these solutions are focused on reducing the operational costs of clinical trial site management and enhancing process transparency and efficiency.
