RISK-BASED MONITORING MARKET ANALYSIS
Risk-Based Monitoring Market- Regional Analysis
On the basis of region, the risk-based monitoring market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the risk-based monitoring market over the forecast period. Owing to increasing demand for risk-based monitoring in clinical studies, according to the Association of Clinical Research Organization in May 2017 has called the risk based monitoring for clinical trials to ensure safer, efficient and quality studies in the US.
Asia Pacific is the fastest growing market for risk-based monitoring, owing to factors such as improvement in the quality of clinical trials data in the region. For instance, in July 2015, the China Food and Drug Administration (CFDA) announced self-checking and verification requirements for new and submitted clinical drug data. In this process, risk-based monitoring will be used to evaluate performance of ongoing clinical trials.
Geographies Covered
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