Increasing Availability of eTMF and Emergence of Covid-19 to Augment Growth of Electronic Trial Master File (eTMF) Market
An electronic trial master file (eTMF) is simply a trial master document in electronic form. It is a content management system specifically designed for the pharmaceutical industry, offering a formalized way of organizing, tracking, and storing clinical trial data. Electronic trial documents are usually stored on computers within trial execution units, or TUAs. Most documents are filed in one of these units, with each having its own password and access code required to open it. In most cases, physicians only need to give their patients the TUA login information when filing a claim and then they are able to begin storing and tracking electronically stored patient medical records. Market Dynamics Increasing availability of eTMF is expected to propel growth of the electronic trial master file (eTMF) market. For instance, in January 2021, Bioclinica, an integrated solutions provider of clinical life science and technology expertise, added eTMF as part of its CTMS offering. Moreov...