eClinical Solutions Market: Information By Type (Clinical Data Management System (CDMS), Randomization and Trial Supply Management (RTSM), Electronic Clinical Outcome Assessment (eCOA), Clinical Trial Management System (CTMS), Electronic Trial Master Files (eTMF), Trial Safety & Regulatory), By Delivery Mode (Web-Based and Cloud-Based, enterprise-based), Clinical Trial Phase (Phase I, Phase II and Others), By End User (End-user Contract Research Organizations (CROs), Pharma/Biotech Companies) – Forecast till 2023
eClinical Solutions Market Overview
The eClinical solutions market is projected to grow at a CAGR of 12.24% during the forecast period. As per the eClinical solutions market research report, the global market for eClinical solutions is projected to grow swiftly by US$9434.57 million by 2023.
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According to analysts, growing R&D by biopharmaceutical & pharmaceutical companies as well as growing expenditure in the development of clinical trials will drive the market growth during the forecast period. The eClinical solutions market research report offers a comprehensive analysis of the global eClinical solutions market and its delivery mode, type, clinical trial phase, and end-users segments. The shortage of healthcare professionals and patients for clinical trials along with security and confidentiality of data are the elements that could influence the eClinical solutions market advancement throughout the forecast period. The eClinical solutions market research report by expert analysts is developed to assist organizations in the eClinical solutions market.
eClinical Solutions Market Segmentation
The global eClinical solutions market has been segmented based on delivery mode, type, clinical trial phase, and end-users. On the basis of delivery mode, the market for eClinical solutions is segmented based on web-based and cloud-based, enterprise-based. Additionally, the market on the basis of type, is segmented into clinical trial management system (CTMS), electronic clinical outcome assessment (eCOA), electronic trial master files (eTMF), randomization and trial supply management (RTSM), trial safety & regulatory, clinical data management system (CDMS). The global market for eClinical solutions is also covered based on the clinical trial phase segment which is further split into phase I, phase II, and others. On the basis of end-users, the market for eClinical solutions is segmented based on end-user contract research organizations (CROs), pharma/biotech companies.
Major elements such as the threat of security hacks could obstruct the eClinical solutions market growth. However, according to the eClinical solutions market research report, the rising burden of chronic diseases along with increased use of smart devices for healthcare management will propel growth throughout the forecast period. The eClinical solutions market is set to register growth at a high CAGR owing to these key factors. The exploration of delivery mode, type, clinical trial phase, and end-users segments along with regional markets has been given in the global eClinical solutions market research report. The research analysts studying the eClinical solutions market have put out market forecasts in the eClinical solutions market research report in order to support eClinical solutions market-based companies. The eClinical solutions market research report provides an extensive understanding of the eClinical solutions market based on the information and forecasts till 2023.
eClinical Solutions Market Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for eClinical solutions are predominantly covered in the global eClinical solutions market research report. Country-level eClinical solutions markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level eClinical solutions markets are covered in the report. In Asia-Pacific (APAC) region, the country-level eClinical solutions markets covered are Japan, India, China, and others. The eClinical solutions market research report also explores the regional market for eClinical solutions present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The eClinical solutions market research report also covers regional markets from the rest of the world alongside eClinical solutions markets of Africa and the Middle East.
eClinical Solutions Market Competitive Landscape
Increasing R&D for precision medicine is presumed to drive the eClinical solutions market growth worldwide. The global eClinical solutions market could be challenged by shortage of candidates for clinical trials, nevertheless, organizations in the eClinical solutions market will carry the growth rate forward. The eClinical solutions market research report presents company profiles of major companies active in the eClinical solutions market globally. Furthermore, the global eClinical solutions market report offers an all-inclusive analysis of the market collected from the eClinical solutions market’s primary and secondary sources covering both decision makers and thought leaders. The eClinical solutions market research report highlights such key areas assisting businesses operating in the eClinical solutions market to build better growth strategies.
Industry News
In support of its latest designer, Calyx – a UK-based medical imaging, clinical services and regulatory services firm – has called Parexel Informatics. The company will continue to work after that strategic breakdown with revolutionary technologies, with the goal of speeding up the production and discovery of new therapies. Calyx has sponsored over 25,000 trials affecting over 14 million patients with 250 new drug approvals in its history. Innovative technological solutions and services are being provided to the company to speed up the finding of new therapies.
Competitive Landscape
The outstanding companies in the eClinical Solutions Market are
- ERT Clinical,
- PAREXEL International Corporation,
- BioClinica, Inc.,
- CRF Health,
- Oracle Corporation,
- DATATRAK International, Inc.,
- Merge Healthcare Inc,
- Medidata Solutions, Inc.,
- Omnicomm Systems, Inc.
- MaxisIT
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