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Advanced Clinical Research Information Systems Market Segmented By specialized software applications
Clinical Research Information Systems consist of specialized software applications that are designed to assist clinical research. These systems can greatly reduce the cost of R&D and they also support a number of functions and activities within medical research organisations. The Advanced Clinical Research Information Systems Market consists of a category of software applications optimized to handle one or more aspects of clinical research.
While they are distinct from Electronic Medical Record Systems (EMR), they usually interoperate with them. Many systems were initially conceived to support individual aspects of medical research like logistics, primary data capture, patient recruitment and so on.
Over time, the Advanced Clinical Research Information Systems became monolithic in an attempt act like a one-stop shop for all their client requirements. However, special problems that can only be solved by custom software still come up the proliferation of commercial software in the Advanced Clinical Research Information Systems Market notwithstanding.
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The desire to improve administrative efficiency, eliminate duplicate medical tests, and reduce medical errors are the main Advanced Clinical Research Information Systems Market drivers. Studies have shown that individuals trust non-profit hospitals and medical organisations to a much higher extent than the government. Individuals who are sad, anxious, depressed or angry about their current health issues are far more likely to provide access to their Personal Health Information.
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Get a Customized VersionThe three main restraints in the Advanced Clinical Research Information Systems Market are cost, system complexity and psychological factors. Larger Advanced Clinical Research Information Systems require a financial investment almost as much as EMR systems. The size of this, along with the system complexity, make their deployment institution-wide virtually mandatory. Such systems can handle an arbitrary number of studies within a single database design with only the hardware being the limiting factor.
In addition to cost, the second Advanced Clinical Research Information Systems Market restraint is complexity. These teams require a diverse team of professionals to operate and maintain like database administrators, software developers and non-technical personnel who are aware of clinical research and the software which can convert an investigator’s study into an electronic form. Many clients with smaller budgets may hesitate to install these advanced information systems since they may not be able to secure adequate funding or the required support staff.
It often happens that influential players in the life sciences industry resist adoption of any new technology. A part of this is due to professional norms: medical practitioners are concerned about treating patients to the best of their ability. They may use their considerable influence to delay the installation of such systems within the medical institute.
Some companies involved in the Advanced Clinical Research Information Systems Market are Parexel, OpenClinica, BayaTree, Forte Research Systems.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
