Global eClinical Solution Market is valued at USD 8.12 Billion in 2021 and is expected to reach USD 19.69 Million by 2028 with a CAGR of 13.5% over the forecast period.
Global eClinical Solution Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028- Increasing demand for eClinical solutions, rising integration of software solutions in clinical trials, and growing various technological advancements and improvements are some of the major factors driving the growth of the Global eClinical Solution Market.
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Executive Summary of eClinical Solution Market-
eClinical solutions are software and applications for efficient management of clinical trials and clinical research. Under the umbrella of e-Clinical Solutions, different software helps to manage, monitor, and record data as well as track deadlines with other features. Various eClinical measures include randomization and test supply management (RTSM), clinical trial management system (CTMS), and clinical data management system (CDMS). eClinical Solutions manage clinical technologies and skills to accelerate the clinical development process.
The Covid-19 pandemic has shown a positive impact on the growth of the global eClinical solution market. During Covid-19 pandemic, number of biotechnological and pharmaceutical companies have focused their research and development efforts on supporting the development of the Covid-19 vaccine. Furthermore, due to the pandemic, many clinical trials adopted fully virtual/hybrid models, which significantly increased the demand for eClinical solutions.
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Competitive Analysis of Global eClinical Solution Market Report–
Some major key players for the global eClinical solution market report cover prominent players like
- Datatrak International, Inc.
- eClinical Solutions
- IBM Watson Health
- ERT Clinical
- Parexel International Corporation
- Dassault Systems
- Anju Life Sciences Software
- CRF Health
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Global eClinical Solution Market Split By:
- Safety Solutions
- Randomization and Trial Supply Management (RTMS)
- Electronic Trail Master Files (eTMF)
- Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS)
- Electronic Clinical Outcome Assessment (eCOA)
- Clinical Trial Management Systems (CTMS)
- Clinical Data Integration Platform
- Clinical Analytics Platform
By Mode of Delivery
- Cloud-based eClinical Solutions
- On-premises eClinical Solutions
- Medical Device Manufacturers
- Academic Research Institutions
- Consulting Service Companies
- Contract Research Organizations
eClinical Solutions Launched Elluminate Clinical Trial Management System (CTMS) for Faster Drug Development-On February 1st, 2021; eClinical Solutions LLC announced the launch of the Illuminati Clinical Trial Management System (CTMS). Built on the Illuminate platform, which accelerates digitization and shortens clinical data review cycle times, the Illuminate CTMS now provides a source of truth for clinical operations data for faster and more informed decision making.
eClinical Solution Market Factors-
Increasing Number of Clinical Trials in the Pharmaceuticals and Biotechnology Industries, Rising Usage of eClinical Solutions by CROs, and Growing Focus Towards R & D Activities are Some of the Major Factors Driving the Market Growth
One of the major factors driving the growth of the eClinical solution market is the increasing number of clinical trials in the pharmaceuticals and biotechnology industries. Pharmaceutical and biotechnological organizations use eClinical measures to obtain regulatory approvals for newly developed drugs and medicines. The rising use of eClinical solutions in hospitals, medical device manufacturers, academic research institutions, consulting service companies, contract research organizations, and others is expected to drive the growth of the market.
Regional Analysis of eClinical Solution Market –
- U.S., Canada
- Germany, France, U.K., Italy, Spain, Sweden, Netherlands, Turkey, Switzerland, Belgium, Rest of Europe
- South_Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC
- Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America
Middle East and Africa
- Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA
eClinical solution market Research Study Provides Answers to Below Mentioned Questions:
- Which are the driving factors responsible for the growth of the market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in the coming years?
- What are the trends in this market?
- Which are the main factors responsible for the new product launches?
- How big are the global & regional markets in terms of revenue, sales, and production?
- How far will the market grow in the forecast period in terms of revenue, sales, and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2021?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
- Which region has more opportunities?
Table of Content
Chapter 1 – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
Chapter 2 – Global eClinical solution market Overview
2.1. Market Introduction
2.2. Executive Summary
2.3. Global eClinical solution market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. eClinical solution market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
Chapter 3 – Global eClinical solution market Overview
Chapter 4 – Global eClinical solution market Analysis: Segmentation By Types
Key Benefits of Global eClinical Solution Market Report:-
- Global eClinical Solution Market report covers in-depth historical and forecasts analysis
- Global eClinical Solution Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country levels.
- Global eClinical Solution Market report helps to identify opportunities in the marketplace.
- Global eClinical Solution Market report covers an extensive analysis of emerging trends and competitive.
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