eClinical Solutions Market is expected to reach USD
10.5 billion by 2024, according to a new report published by Grand View
Research Inc. The eClinical solutions market is anticipated to witness a
lucrative growth during the period 2016 to 2024. The factors attributing
towards the growth of the market are increase in the research and development
activities by numerous biopharma and pharma companies, increasing application
of software solutions in clinical trials, upsurge in the government funding to
promote clinical research programs, rise in the number of Contract Research
Organizations (CROs) and life sciences organizations, and increasing customer
base.
Additionally, factors such as increasing outsourcing of
clinical trials to CROs, escalating clinical research programs in Asian
countries, as well as, the development of cost-effective modules are expected
to be opportunistic for the industry growth. However, the shortage of skilled labor
force, high implementation costs of the eClinical solutions and the lack of
awareness of clinical data sciences software in the research community are
likely to hinder the growth of the market in the near future.
The eClinical solutions market is segmented on the
basis of product, delivery mode, clinical trial phase, end-user, and region.
Based on the product, the industry is categorized into clinical analytics
platforms, electronic Clinical Outcome Assessment (eCOA), Electronic Data
Capture (EDC) and Clinical Data Management Systems (CDMS), clinical data
integration platforms, safety solutions, Clinical Trial Management Systems
(CTMS), Randomization and Trial Supply Management (RTSM), and electronic Trial
Master File (eTMF).
The other segments of the market include delivery mode
(web-hosted, licensed enterprise, and cloud-based), clinical trial phases
(phase I, phase II, phase III, and phase IV), and end-user application
(consulting service companies, medical device manufacturers, hospitals, contract
research organizations, pharmaceutical, and biopharmaceutical companies). On
the basis of regions, the market is categorized into North America, Europe,
Asia-Pacific, Latin America, and the Middle East and Africa).
Full Research Report on Global eClinical Solutions Market
Analysis:
http://www.grandviewresearch.com/industry-analysis/eclinical-solutions-market
http://www.grandviewresearch.com/industry-analysis/eclinical-solutions-market
Further key findings from the study suggest:
- In
2016, North America is estimated to lead the market with the largest share
in the eClinical solutions industry. The rising number of ongoing clinical
trials, high demand for technologically advanced products, and increasing
financial support from the government is anticipated to boost the industry
growth.
- The
eCOA segment is anticipated to witness the highest growth rate during the
forecast period, whereas the EDC and CDMS segment is estimated to lead the
market in the year 2016. Factors attributing to the growth of the industry
are the increasing application of mobile and digital technologies, as well
as, an upsurge in the demand for eDiaries in clinical trials for the collection
of patient’s self-reports by pharmaceutical companies.
- The
eClinical solutions industry comprises several local as well as global
players. Some of the major players in this industry include Oracle
Corporation, Medidata Solutions Inc., Parexel International, Inc., and
Datatrak, among others.
View more reports of
this category by Grand View Research at: http://www.grandviewresearch.com/industry/healthcare-it
Grand View Research
has segmented the Global eClinical Solutions Market on the basis of end-user
application and region:
eClinical Solutions Product Outlook (Revenue, USD
Million, 2013 - 2024)
- Electronic
Data Capture (EDC) and Clinical Data Management Systems (CDMS)
- Clinical
Trial Management Systems (CTMS)
- Clinical
Analytics Platforms
- Randomization
and Trial Supply Management (RTSM)
- Clinical
Data Integration Platforms
- Electronic
Clinical Outcome Assessment (eCOA)
- Safety
Solutions
- Electronic
Trial Master File (eTMF)
eClinical Solutions Delivery Mode Outlook (Revenue, USD
Million, 2013 - 2024)
- Web-hosted
(On-demand)
- Licensed
Enterprise (On-premise)
- Cloud-based
eClinical Solutions Delivery Mode Outlook (Revenue, USD
Million, 2013 - 2024)
- Consulting
Service Companies
- Medical
Device Manufactures
- Hospitals
- CROs
- Pharmaceutical
Biopharmaceutical Companies
eClinical Solutions Clinical Trial Outlook (Revenue, USD
Million, 2013 - 2024)
- Phase
I
- Phase
II
- Phase
III
- Phase
IV
eClinical Solutions Regional Outlook (Revenue, USD
Million, 2013 - 2024)
- North
America
- Europe
- Asia
Pacific
- Latin
America
- MEA
View
Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-eclinical-solutions-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit us: www.grandviewresearch.com
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