Electronic Testing Master File (eTMF) Market Size 2022: Share, Growth Analysis and Driving Factors Forecast to 2028

NEW JERSEY, USA, February 11, 2022 /EINPresswire.com/ — Description

A new research study “”Electronic Testing Master File (eTMF) Market 2022 Analysis by Market Trends (Drivers, Restraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook”” has added to Coherent Market insight

The Global Electronic Testing Master Files (eTMF) Market is estimated at USD 939.6 Million in 2021 and is expected to grow at a CAGR of 8.9% during the forecast period (2021-2028).

The Electronic Test Master File (eTMF) Market report is an accumulation of first-hand insights, qualitative and quantitative assessments by industry analysts, contributions from industry specialists and industry players throughout the along the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and driving factors, and market attractiveness as per various segments. The report further maps the qualitative impact of various market factors across market segments and geographies. The market base year is calculated from 2022 to 2028.

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This report includes industry market growth insights along with key segmentation variables that help the global Electronic Testing Master File (eTMF) market to thrive in the current environment. The report also highlights the importance of regional classification in the global Electronic Testing Master File (eTMF) Market. Due to the growing demand, the global Electronic Testing Master File (eTMF) market will ultimately generate more revenue and have a higher market size than the previous projected period.

Major key players in this market:

• Phlexglobal
• Montrium inc.
• TransPerfect
• Veeva Systems
• Clinevo Technologies
• Ennov
• MasterControl Inc.
• ArisGlobal
• Florence HC
• Medidata
• SureClinical Inc.

Drivers and trends

The projections presented on the Electronic Testing Master File (eTMF) market have been derived using proven research and assumptions from existing drivers and trends. By doing so, the research report serves as a repository of analysis and information for all facets of the market, including applications, SWOT analysis, future opportunities, latest developments, and more. Several potential growth factors and risks are also assessed to fully grasp the overall market.

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Global Electronic Testing Master File (eTMF) Market Segmentation:

By product type:
• Software
• Services

By type of deployment:
• On the site
• Web/Cloud

Per end user:
• Biotechnology and pharmaceutical companies
• Contract Research Organizations (CROs)
• Research institutes

Regional outlook:

The Global Electronic Testing Master File (eTMF) Market report demonstrates each factor based on regions and other parties. This report describes features that are impacting demand worldwide. The countries considered in the report are USA, Canada, India, China, Japan, Brazil, Mexico and many more. Demand recorded exceptional growth in North America, Europe, Asia-Pacific, Latin America and other regions.

Global Electronic Testing Master File (eTMF) Market – Impact of the Coronavirus (COVID-19) Pandemic

The coronavirus pandemic is the most recent outbreak, which was first reported on December 31, 2019 in Wuhan, China. The World Health Organization declared COVID-19 a pandemic on March 11, 2020. According to the World Health Organization’s weekly coronavirus disease (COVID-19) epidemiological update, more than 249 million cases and more than 5 million deaths from coronavirus disease have been reported. until November 7, 2021 worldwide.

The COVID-19 virus outbreak has had a huge impact on the healthcare industry. Pharmaceutical companies and research institutes are increasingly focusing on the development of their digital platforms related to clinical trials, such as software for the rapid development of therapeutic drugs and vaccines. For example, in July 2021, University College London (UCL), an academic research organization, adopted Phlexglobal’s advanced eTMF solution to transform its paper-based processes into innovative eTMF solutions to improve efficiency, quality and compliance of its Trial Master File management. UCL is committed to conducting extensive research into COVID-19 therapies in addition to its broad portfolio in several therapeutic areas; thus, with the help of this new software, the organization can streamline its TMF management.

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The objectives of the study for this report are:

· The SWOT analysis focuses on the major global manufacturers to define, assess and analyze the market competition. By type, application, and region, the market is defined, described, and forecast.
Examine the main global and regional market potential and benefits, opportunities and challenges, restraints and risks.
· Determine whether trends and factors are driving or restraining market growth.
· By identifying high growth categories, stakeholders would be able to analyze market potential.
· Conduct strategic study of growth trends and market contribution of each sub-market.
· Expansions, agreements, new product launches and market acquisitions are all examples of competitive developments.
· Create a strategic profile of key players and thoroughly analyze their growth plans.

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