The global remote and predictive medical equipment maintenance market is projected to witness a healthy and a double-digit growth, driven by many advantages offered by it over preventive or reactive maintenance, growing digitalization, and the urge to improve operational efficiency and extend equipment life. The remote and predictive maintenance of medical devices is becoming prominent due to the growing digitalization and move toward connected devices and cloud-based infrastructure. The medical device industry is now increasingly embracing the use of advanced technologies like The Internet of Things (IoT), Artificial Intelligence (AI), and data analytics to resolve problems faster and effectively. The remote & predictive maintenance market was growing but Covid-19 gave it a much-desired push. However, perceived complexity and data security concerns may pose a challenge to high growth. Download a free sample report for in-depth market insights https://meditechinsights.c...
The Global Clinical Trial Management System Market is expected to grow at a rate of 14% by 2026. Rising number of decentralized clinical trials, adoption of CTMS in clinical trials, higher integration of CTMS with other systems such as hospital information systems (HIS), surge in clinical trial outsourcing, increasing investment by biotechnology & pharmaceuticals firms, and rising government support & funding for research trials are some of the key factors driving the clinical trial management system market growth. However, limited private funding for small & mid-sized companies for running clinical trials and the higher costs associated with overall clinical trials (Phase I – Phase III) are likely to hamper the growth of this market. A clinical trial management system (CTMS) is a software system used to manage all of the activities related to the setup, conduction, and closeout of clinical trials, including planning, preparation, tracking, monitoring, compliance, ...