A new market study, titled “Global eClinical Solutions Market Size Study by Product, by Delivery Mode (Web-Hosted Solutions, Licensed Enterprise Solutions & Cloud-Based Solutions), by Clinical Trial Phase, by End User & by Region – Global Forecast 2018- 2025”, has been featured on WiseGuyReports.
Global 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.
Global eClinical Solutions Market to reach USD 11.9 billion by 2025.
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.
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.
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 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:
By Product:
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
Safety 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
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By End User:
Pharmaceutical and Biopharmaceutical Companies
Contract Research Organizations
Consulting Service Companies
Medical Device Manufacturers
Hospitals
Academic Research Institutes
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
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. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global eClinical Solutions Market In Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
TABLE OF CONTENTS
Chapter 1. Global eClinical Solutions Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global eClinical Solutions Market Dynamics
Chapter 5. Global eClinical Solutions Market, By Product
Chapter 6. Global eClinical Solutions Market, By Delivery Mode
Chapter 7. Global eClinical Solutions Market, By Clinical Trial Phase
Chapter 8. Global eClinical Solutions Market, By End User
Chapter 9. Global eClinical Solutions Market, by Regional Analysis
Chapter 10. Company Profiles
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