Effective data management is required for strict process assurance during the large-scale manufacturing of pharmaceutical products, which has contributed to the market growth of clinical data management systems in recent years. To enhance their market share in the Clinical Data Management Market, key industry players have been making tactical growth decisions, such as partnerships, collaborations, and product development. Additionally, the COVID-19 epidemic put enormous pressure on the healthcare sector, and suppliers all over the world were acknowledged to have been impacted by the rise in cases. However, it was found that the COVID-19 pandemic had little effect on the market for clinical data management systems because the majority of pharmaceutical and biotechnology firms put a halt to all new studies and reduced their investment on R&D for clinical trials compared to prior spending.
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