The global eClinical Solutions market is projected to reach USD 15.4 billion by 2026 from USD 8.3 billion in 2021 at a CAGR of 13.3%. Increasing operational costs and regulatory requirements associated with clinical research studies, government grants to support clinical trials, and growing R&D expenditure on drug development by pharma-biotech companies are some of the major driving factors for the global eClinical solutions market.
Some of the prominent players in this market are Oracle Corporation (US), Medidata Solutions, Inc. (US), Parexel International Corporation (US), BioClinica, Inc. (US), Signant Health (US), Datatrak International, Inc. (US), ERT (US), eClinical Solutions, Inc. (US), MaxisIT Inc. (US), Bio-Optronics, Inc. (US), Merge Healthcare Incorporated (US), and OmniComm Systems, Inc. (US)
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TOP ECLINICAL SOLUTIONS MARKET PLAYER
Oracle Corporations one of the top players in the global eclinical solutions market in 2020. The company’s robust product portfolio and diversified geographic presence and customer base contributes to its position in the market. Oracle Corporation primarily focuses on product developments and launches to expand its footprint in the global market. It company also focuses on collaborations and alliances with leading biopharma companies to enhance its customer base across the globe.
Dassault Systèmes held the second-leading position in the global eclinical solutions market in 2020. The company’s robust product portfolio and diversified geographic presence and customer base contribute to its position in the market. Dassault Systèmes primarily focuses on product developments and launches to expand its footprint in the global market. It also engages in collaborations and alliances with leading biopharma companies to enhance its customer base across the globe. Dassault Systèmes acquired Medidata to reinforce its position as a science-based company and provide the Life Sciences industry an integrated business experience platform.
eClinical Solutions Market by Clinical trial phases, Product (CDMS, EDC, CTMS, eCOA, RTSM, ETMF, Analytics, Integration, Safety), Delivery (Web-based, On demand, On premise, Cloud), End user (Pharma & Biotech, Hospitals, CROs) - Global Forecasts to 2026
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