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Risk-based Monitoring (RBM) Software Market Size – USD 253.6 Million in 2019, Market Growth – at a CAGR of 13.1%

VANCOUER, BC, CANADA, November 17, 2021 /EINPresswire.com/ -- The global risk-based monitoring (RBM) software market is projected to reach value of USD 644.6 Million by 2027, according to a current analysis by Emergen Research. 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.

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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.

Covid -19 impact analysis:

The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall Risk-based Monitoring (RBM) Software Market . The coronavirus outbreak has beleaguered the Risk-based Monitoring (RBM) Software Market business landscape and posed severe threats to the developmental scope of various manufacturers and buyers involved in this sector.

Key Companies in the Risk-based Monitoring (RBM) Software Market include:

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.

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Scope of the report : Risk-based Monitoring (RBM) Software Market
Based on the in-depth analysis the research also brings to light major facts pertaining to the vital aspects such as market share, size, and growth rate. Deep dive into other aspects including the investment feasibility, demand and supply, import and export status, supply chain management and growth prospects narrates a lot about what the business environment will be like for the forecast period,2020 – 2027 . All the vital statistics in the report are explained with the help of resources such as tables, charts, and info graphics.

Global Risk-based Monitoring (RBM) Software Market Highlights:

Regional demand estimation and forecast
Product Mix Matrix
RD Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis

Global Risk-based Monitoring (RBM) Software Market Geographical Landscape - Synopsis:

The report closely studies the growth trajectory of the global Risk-based Monitoring (RBM) Software Market . It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.

Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.

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

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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The research provides answers to the following key questions:

What are the key driving forces expected to shape the future of the industry worldwide?

What are the opportunities or future prospect for the business owners operating in the market for the forecast period, 2020 – 2027 ?

What strategies are the prominent vendors adapting to stay ahead of their competitors?

Which major trends are impacting the development of the Risk-based Monitoring (RBM) Software Market worldwide?

Which factors can hinder, challenge or even restrict the expansion of the Risk-based Monitoring (RBM) Software Market worldwide?

What will be the market size and growth rate of the Risk-based Monitoring (RBM) Software Market for the forecast period 2020 -2027 across different regions?

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Risk-Based Monitoring (RBM) Software Market Segmentation & Impact Analysis

Chapter 5. Risk-Based Monitoring (RBM) Software Market By Deployment Insights & Trends Revenue (USD Million)

Chapter 6. Risk-Based Monitoring (RBM) Software Market By Monitoring Process Insights & Trends Revenue (USD Million)

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Emergen Research
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