eClinical Solutions Market unveils a succinct analysis of the market size, regional spectrum and revenue forecast about the eClinical Solutions market. Furthermore, the report points out major challenges and latest growth plans embraced by key manufacturers that constitute the competitive spectrum of this business domain.
eClinical Solutions Market to reach USD 11.9 billion by 2025. eClinical Solutions Market valued approximately USD 3.7 billion in 2016 is anticipated to grow with a healthy growth rate of more than 13.9 % over the forecast
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The eClinical Solutions Market Report provides key strategies followed by leading eClinical Solutions industry manufactures and Sections of Market like- product specifications, volume, production value, Feasibility Analysis, Classification based on types and end user application areas with geographic growth and upcoming advancement. The eClinical Solutions market report provides comprehensive outline of Invention, Industry Requirement, technology and production analysis considering major factors such as Revenue, investments and business growth.
Some of the key manufacturers involved in the market are- Oracle Corporation, Medidata Solutions, Inc, Parexel International Corporation, Bioclinica, Inc, Datatrak Internatiional, Inc, CRF Health, ERT Clinical, Merge Healthcare Incorporated, Omnicomm Systems, Inc & Maxisit. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers.
The electronic data capture (EDC) and clinical data management system (CDMS) segment accounted for the largest share of the global eClinical solutions market in 2016. The electronic clinical outcome assessment segment is expected to achieve the highest CAGR during the forecast period. The increasing demand for e Diaries in clinical studies to collect patient self-reports by major pharmaceutical companies and the use of mobile and digital technologies are driving the growth of this market segment. Emerging markets including China, South Korea, Taiwan, and India are attractive destinations for outsourcing clinical trials due to the presence of a large patient population and the low operating cost of conducting clinical trials in these countries.
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Increasing operational costs and regulatory requirements associated with clinical research studies, government grants to support clinical trials, and increasing R&D expenditure by pharma-biotech companies with augmented IT budgets for drug development are some of the major driving factors for the global eClinical solutions market. However, the low adoption rate in certain geographies due to a lack of awareness related to the benefits of eClinical solutions is the major factor restraining the growth of this market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Electronic Data Capture and Clinical Data Management Systems
Clinical Trial Management Systems
Randomization and Trial Supply Management
Clinical Data Integration Platforms
Electronic Clinical Outcome Assessment Solutions
Electronic Trial Master File Systems
Regulatory Information Management Solutions
By Delivery Mode:
Web-Hosted (On-Demand) Solutions
Licensed Enterprise (On-Premise) Solutions
Cloud-Based (SaaS) Solutions
By Clinical Trial Phase:
Phase I Clinical Trials
Phase II Clinical Trials
Phase III Clinical Trials
Phase IV Clinical Trials
By End User:
Pharmaceutical and Biopharmaceutical Companies
Contract Research Organizations
Consulting Service Companies
Medical Device Manufacturers
Academic Research Institutes
The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the eClinical Solutions market.
Table of Content
Chapter 1.Global eClinical Solutions Market Definition and Scope
1.3.Scope of The Study
1.4.Years Considered for The Study
1.5.Currency Conversion Rates
Chapter 2.Research Methodology
Chapter 4.Global eClinical Solutions Market Dynamics
Chapter 5.Global eClinical Solutions Market, By Product
5.2.Market Performance – Potential Model
5.3.Global eClinical Solutions Market, Sub Segment Analysis
5.3.1.Electronic Data Capture and Clinical Data Management Systems
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