Clinical Trial Management System Overview
What is a Clinical Trial Management System?
A Clinical Trial Management System (CTMS) supports research institutes and pharmaceutical to run clinical studies with human subjects. They are commonly used by pharmaceutical companies, hospitals, universities, and private research firms.
Therefore they store subject information and support research operations with planning, benchmarking, and reporting features, and also should integrate with a business intelligence or analytics platform, if it does not contain such features intrinsically.
Features & Capabilities
- Cloud-based software, to enable remote investigation (although on-premise offerings are still very common)
- Tailored solutions based on use case and industry (e.g., healthcare, life sciences, government, etc.)
- Electronic data capture system capabilities
- Management levels at various scopes (e.g., trial, study, portfolio, etc.)
- Compliant with applicable regulations by geography
- Investigator management
- Site management
- Subject management
- Financial analysis including additional business intelligence functions
Clinical Trial Management Systems Comparison
One of the key decision-makers for choosing a CTMS is whether you'd like to have a cloud or on-premise-hosted solution. Depending on your jurisdiction, regulations on subject rights and privacy may make this decision for you. Also consider, consider whether you'd like a CTMS specifically designed for your industry, they typically have standardized features that speak to your specific applications that can help with training and onboarding investigators and clinical trial managers. As you're reviewing the regulatory requirements for a CTMS when deciding your deployment style, make sure to verify with vendors that it will be in compliance.
To see how your shortlist of Clinical Trial Management Systems stacks up against one another, start a CTMS comparison
Typically CTMS vendors offer free trials, but take note of costs associated with choosing a solution that's right for you: setup and implementation fees, integration fees, compliance fees, support fees, and the addition of added modules and considerations. On the lower-end, you can find CTMS software for around $20k/yr. On the higher-end, specially-tailored CTMS software can run to upwards of $500k/yr.