Risk-based Monitoring (RBM) Software Market Size- Industry Share, Growth, Trends and Forecast 2027

The study methodologies used to examine the Risk-based Monitoring (RBM) Software market for the forecast period, 2020 – 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.

The global risk-based monitoring (RBM) software market is projected to reach value of USD 644.6 Million by 2027, according to a current analysis by Emergen Research. During the forecast period, the global risk-based monitoring (RBM) software market is anticipated to expand significantly, owing to the increasing need for source data verification solutions in clinical trials. Rising demand for cost-effective monitoring systems for use in clinical trials is expected to further fuel the global risk-based monitoring (RBM) software market during the forecast period. Moreover, rising adoption of the risk-based monitoring software solution in clinical trials for better outcomes is anticipated to boost the market in the near future.

A conscious effort is made by the subject matter experts to analyse how some business owners succeed in maintaining a competitive edge while the others fail to do so makes the research interesting. A quick review of the realistic competitors makes the overall study a lot more interesting. Opportunities that are helping product owners’ size up their business further add value to the overall study.

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Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Risk-based Monitoring (RBM) Software market. This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.

Key Highlights of Report

In December 2020, ERT Inc. announced its merger with BioClinica, Inc. The move would enable ERT to keep reinventing end-point data collection by offering better-quality data and more streamlined solutions to meet its customers’ priorities in terms of high performance, improved efficiency, safer clinical trials, and patient-centric digital solutions.

The web-based segment is expected to lead the market, expanding at a CAGR of 13.4% during the forecast period, due to advantages of web-based risk-based management applications such as enhanced data security, enhanced scalability, lower operating costs, simple software deployment, and enhanced configuration.

The dashboard monitoring segment is expected to retain the largest market share during the forecast period. Dashboard monitoring gives a look at the specific information of the status of each test site based on risk factors of the test.

The pharmaceutical & biopharmaceutical companies segment is expected to lead the market during the forecast period. The techniques of risk-based monitoring software commonly used in pharmaceutical and biopharmaceutical industries offer several benefits, such as enhanced process reliability and reduced associated costs.

The North America region is expected to lead the global market during the forecast period, due to presence of leading market players in the region. Furthermore, growing government support for clinical trials is projected to fuel the market in the region during the forecast period.

Key market participants include ERT Inc., Veeva Systems Inc., Anju Software, Inc., PerkinElmer Inc., Quanticate Inc., Dassault Systèmes SE, DataTrak International, Inc., International Business Machines Corporation, PAREXEL International Corporation, and MaxisIT Inc.

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Deployment Outlook (Revenue, USD Million; 2017–2027)




Monitoring Process Outlook (Revenue, USD Million; 2017–2027)

Statistical Analysis

Targeted on-site Investigation

Dashboard Monitoring

Data Collection & Submission

End-use Outlook (Revenue, USD Million; 2017–2027)

Pharmaceutical & Biopharmaceutical Companies

Medical Device Companies

Contract Research Organizations


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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Risk-based Monitoring (RBM) Software Market Segmentation & Impact Analysis

    4.1. Risk-based Monitoring (RBM) Software Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

           Growth in mobile data traffic

           Low latency in 5G

          4.2.3. Market restraints analysis

           Delay in Standardization of Spectrum Allocation

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Risk-based Monitoring (RBM) Software Market By Communication Infrastructure Insights & Trends, Revenue (USD Million)

Chapter 6. Risk-based Monitoring (RBM) Software Market By Technology Insights & Trends Revenue (USD Million)

Chapter 7. Risk-based Monitoring (RBM) Software Market By Network Architecture Insights & Trends Revenue (USD Million)

Chapter 8. Risk-based Monitoring (RBM) Software Market By End User Insights & Trends Revenue (USD Million)

Chapter 9. Risk-based Monitoring (RBM) Software Market Regional Outlook


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