Electronic Trial Master File (eTMF) Market Soars with 14.0% CAGR, Projected to Reach Over US$ 190 Million by 2027

The global electronic trial master file (eTMF) market paints a promising picture of exponential growth from 2017 to 2027. Notably, the market has already experienced significant expansion between 2012 and 2016, a trend expected to intensify in the years leading up to 2027. Projections indicate that the global eTMF market will surpass a valuation of US$ 190 million by the end of the assessment year.

Future Market Insights has analyzed numerous aspects of the electronic trial master file (eTMF) market and has included actionable insights in a systematic manner in its new research publication titled “Electronic Trial Master File (eTMF) Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. The extensive research study on the eTMF market portrays various facets of the global market such as trends, opportunities, value chain analysis, competitive landscape, drivers, restraints, and regional research along with key recommendations that can be viewed by the reader to achieve his/her strategic objectives in the long run.

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The research study also covers future market projections with respect to value for a period of ten years starting from 2017 to 2027. The comprehensive analysis of each segment and sub-segment of the global market portrays a real-time picture of the global market scenario.

Asia Pacific excluding Japan shows high potential for growth in the electronic trial master file market:
Several key players are focusing on the Asia Pacific excluding Japan (APEJ) region in order to tap the emerging economies in this region. The main advantage of this region is its high potential for growth as compared to matured economies. Several end-use industries are showing interest in this region owing to which the supply-side players are focusing their attention on APEJ to gain business expansion.

Electronic trial master file (eTMF) market in Asia Pacific excluding Japan (APEJ) region is expected to grow at the highest pace in the coming years to register a stellar CAGR of 17.6% and is estimated to reach a valuation of about US$ 18 Mn by the end of the period of assessment, thus becoming the third largest region in the eTMF market after Western Europe.

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Global Electronic Trial Master File (eTMF) Market: Competitive Scenario:

The research study includes a dedicated chapter on competitive scenarios that deal with various key players involved in the eTMF market. Analysis of aspects such as SWOT analysis, geographical reach, strategies, product portfolio, expansion plans, mergers and acquisitions, key developments, distribution channel analysis, etc., of the key players have been covered in this study. Companies like Veeva Systems, Medidata Solutions, Inc., MasterControl, Inc., Data Reduction Systems Corporation, Transperfect Global Inc., Aurea, Inc., Phlexglobal Ltd., Arivis AG, Wingspan Technology Inc., and Montrium Inc., are profiled in this section.

Electronic Trial Master File (eTMF) Market Segmentation:

By Component

  • Software
  • Services

By Deployment

  • On-Premise
  • Cloud

By End User

  • Sponsors
  • CRO
  • Others

By Functionality

  • Clinical Operations
  • Records Management
  • Auditing
  • IT Operations

By Region

  • North America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Latin America
  • MEA

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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