eClinical Solutions Market

eClinical Solutions Market worth $7.6 billion in 2022

The report "eClinical Solutions Market by Clinical Trial Phases, Product (CTMS, eCOA, Analytics, RTMS, eTMF, Safety, CDMS, EDC), Delivery Mode (On-Demand, On-premise, Cloud-based), End User (CROs, Hospitals, Pharma/Biopharma Companies) - Global Forecast to 2022 " In 2017, the global eClinical solutions market was valued at USD 4.2 billion and was expected to grow at a CAGR of 12.4%, to reach USD 7.6 billion in 2022. Rising operational costs & regulatory requirements for clinical research, the growing adoption of novel software solutions in research, growing availability of funding, and high R&D expenditure of pharmaceutical and biotechnology companies have contributed to the demand for eClinical solutions.

Browse 72 market data Tables and 40 Figures spread through 163 Pages and in-depth TOC on "eClinical Solutions Market by Clinical Trial Phases, Product (CTMS, eCOA, Analytics, RTMS, eTMF, Safety, CDMS, EDC), Delivery Mode (On-Demand, On-premise, Cloud-based), End User (CROs, Hospitals, Pharma/Biopharma Companies) - Global Forecast to 2022 "
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/eclinical-solutions-market-553.html

In 2016, the EDC & CDMS segment dominated the eClinical Solutions market, by product

Based on product, the global eClinical solutions market is divided into ten segments, including electronic data capture & clinical data management systems, clinical trial management systems, clinical analytics platforms, randomization & trial supply management systems, clinical data integration platforms, electronic clinical outcome assessment solutions, safety solutions, electronic trial master file systems, regulatory information management solutions, and other eClinical solutions. EDC & CDMS accounted for the largest share of the market. Their efficiency and cost-saving potential have boosted end-user demand for these solutions and contributed to their uptake.

Cloud-based solutions anticipated growing at the highest rate in the forecast period

eClinical solutions are broadly divided based on the delivery model into web-hosted solutions, licensed enterprise solutions, and cloud-based solutions. Cloud-based solutions are projected to witness the highest growth in the years to come, owing to their benefits over other delivery models—they are highly accessible, reliable, and adaptable, with no need for upfront investments in hardware. As a result, the preference for cloud-based models is expected to grow significantly.

North America dominated the eClinical solutions market in 2016

North America, Europe, and the Asia Pacific are the prominent regional segments of the eClinical solutions market, with North America holding the leading share. The increase in government support and grants for clinical trials, the high ongoing clinical trial activity, and the rising collaboration in drug development in North America account for its dominance in the market.

Oracle Corporation (US), Medidata Solutions (US), PAREXEL International Corporation (US), BioClinica (US), DATATRAK International (US), CRF Health (US), ERT Clinical (US), Merge Healthcare (US), and OmniComm Systems (US) are the major players in the eClinical solutions market.

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Report Code
HIT 2208
PR Published ON
7/4/2019
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