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The clinical trial management system market size is estimated to reach $1.7 billion by 2026. Furthermore, it is poised to grow at a CAGR of 12.4% over the forecast period of 2021-2026.
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The growing number of clinical trials owing to the rise in lifestyle-related ailments along with the ready availability of CRO in the drug development process and other allied services are some of the factors driving the clinical trials management systems industry forward in the projected period of 2021-2026.