Nidhi Infotech Reviews the Clinical Data Management (CDM) in india

Nov. 26, 2012 - PRLog -- Clinical Data Management (CDM) industry is the fastest growing and possibly the most profitable segment in Bio Services industry. During 2006-07 it grew to USD40 million, a growth of 53% over the previous year. There are over 70 companies in India offering services in this niche area. Most of them find it a logical extension of their other Bio services business. They include Contract Research Organizations , Clinical Trial Organizations, IT services companies and hospitals. Out sourced Clinical trails to India is a prime growth driver for this market, though they are a few large dedicated CDM companies as well. Indian clinical trials market in 2006 was USD140m and has been growing at a CAGR of 40% for the last 3 years and is likely to scale up to USD600 million by 2010. Correspondingly, CDM market is expected to ramp up to USD150 million by the same time.

The report on clinical data management provides an in-depth perspective of the sector from a number of important aspects. The report starts with the global electronic data capture market, which offers the benefits of faster and more accurate data capture at lower cost. The report covers the CDM value chain, markets, major players, regulations, growth drivers, issues and challenges, critical success factors and merger trends. The report also analyses the performance of the industry keeping in view the critical success factors. Finally it highlights the certain issues and challenges faced by the industry. The report also profiles the major players in the industry.

The report will be useful for all those that are interested in CDM industry like pharmaceutical companies, hospitals, CRO’s, IT companies , Investment Banks, Mutual Funds, Hedge Funds, Private Equity players, business analysts, consultants, investors and students.

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