eClinical Solutions Market Size, Shares, Drivers and Potential Applications Forecasts To 2025
The market is subject to undergo a substantial growth due to the rise in the R&D activities by number of bio-pharma and healthcare organizations, growing use of automated solutions in medical trials, and rise in the customer-base.
The market is subject to undergo a substantial growth due to the rise in the R&D activities by number of bio-pharma and healthcare organizations, growing use of automated solutions in medical trials, and rise in the customer-base.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>eClinical</strong> <strong>Solutions</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Shares</strong>, <strong>Drivers</strong> <strong>and</strong> <strong>Potential</strong><br />
<strong>Applications</strong> <strong>Forecasts</strong> <strong>To</strong> <strong>2025</strong><br />
“The market is subject to undergo a substantial growth due to the rise in the<br />
R&D activities by number of bio-pharma <strong>and</strong> healthcare organizations,<br />
growing use of automated solutions in medical trials, <strong>and</strong> rise in the<br />
customer-base.”<br />
The Global Eclinical <strong>Solutions</strong> <strong>Market</strong> size is predicted to value at USD 12.05 million by <strong>2025</strong>, during the forecast<br />
period. The market is subject to undergo a substantial growth due to the rise in the R&D activities by number of<br />
bio-pharma <strong>and</strong> healthcare organizations, growing use of automated solutions in medical trials, <strong>and</strong> rise in the<br />
customer-base. Various advanced technologies such as electronic data capture via Wi-Fi enabled devices in the<br />
field of clinical trials, has led to rapid development in <strong>eClinical</strong> solutions industry in recent years.<br />
The constant need for tracing <strong>and</strong> diagnosis of clinical data is influencing the clinics <strong>and</strong> hospitals to adopt of<br />
efficient clinical solutions, thus escalating market growth over forecast period. Additionally, the crucial need for<br />
highly efficient clinical process is poised to influence the growth of the industry. Globally, the <strong>eClinical</strong> solutions<br />
industry is predicted to grow at CAGR of 13.6% in the forecast period, thus providing numerous opportunity for<br />
market players to invest for research <strong>and</strong> development in the <strong>eClinical</strong> solutions market.<br />
Latest trend associated with outsourcing of medical trials to the contract research organizations (CROs), growing<br />
number of these organizations, <strong>and</strong> environmental & life sciences are helping <strong>eClinical</strong> solutions industry to<br />
acquire immense traction in the upcoming years. Also, numerous research programs across the globe to<br />
implement low cost modules are responsible for stirring up the need for <strong>eClinical</strong> systems. Furthermore, digital<br />
revolution in the healthcare sector <strong>and</strong> ever-changing inclination towards the current data centric trends are<br />
exp<strong>and</strong>ing the reach of the market.<br />
Request Sample Copy of this <strong>Market</strong> Research @<br />
https://www.millioninsights.com/industry-reports/eclinical-solutions-market/request-sample
The constant need to embed clinical IT solutions is growing because of the large sets of data produced between<br />
clinical development procedures. <strong>eClinical</strong> systems provide a common source of data to allow cost optimization<br />
by removing undesired data entry <strong>and</strong> limiting need for online verification technique <strong>and</strong> data authentication<br />
rate. Growing awareness associated with the use of the <strong>eClinical</strong> solutions is advancing market growth during<br />
forecast period.<br />
<strong>eClinical</strong> is commonly used to signify the automated electronic applications that are implemented in clinical<br />
research. The use of <strong>eClinical</strong> is significantly growing in the biopharmaceutical industry as well. Formerly,<br />
<strong>eClinical</strong> solutions is typically adopted for engineering application in the clinical trials similar to EDCs i.e.<br />
electronic data capture systems, electronic patient diaries, interactive voice response (IVR) systems, interactive<br />
web recognition (IWR) systems, e-PRO <strong>and</strong> other kinds automated systems that are commonly utilized in clinical<br />
trials. <strong>eClinical</strong> solutions are mostly web-based toolkits to capture real time data associated with the clinical<br />
trials to provide faster <strong>and</strong> superior execution of clinical processes. <strong>eClinical</strong> solutions are implemented with the<br />
help of software located on the server side, so it is not needed to install it on the desktop. There are various<br />
<strong>eClinical</strong> forums allowing users to share ideas via internet.<br />
The conventional methodologies such as clinical trials were influenced by some of the critical factors similar to<br />
the growing competition, rising prices of medicines <strong>and</strong> strict governmental laws to limit adverse effects on the<br />
environment. With advent of the <strong>eClinical</strong> solutions, such factors are significantly diminished due numerous<br />
advantages provided with the use of the <strong>eClinical</strong> technologies. Benefits associated with adoption of <strong>eClinical</strong><br />
solutions are superior performance, successful trials, reliability <strong>and</strong> short timeframes for execution of clinical<br />
trial, <strong>and</strong> cost-effectiveness.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/eclinical-solutions-market<br />
The <strong>eClinical</strong> solutions market is divided into regional market segment such as North America, Europe, Asia-<br />
Pacific, Latin America <strong>and</strong> Africa. North America has shown major growth in recent years owing to the rise<br />
adoption of modern techniques in healthcare sector <strong>and</strong> presence of prominent industry players in the region.<br />
Asia-Pacific region is predicted to hold major market share in the <strong>eClinical</strong> solutions industry with massive<br />
growth in forecast period. Countries such as India, China <strong>and</strong> Singapore are leading the Asia-Pacific market with<br />
growing need for medical infrastructure <strong>and</strong> increasing occurrence of chronic diseases like cancer <strong>and</strong><br />
cardiovascular disorders. The key players in the <strong>eClinical</strong> solutions market are IBM Inc., Oracle Co., Medidata<br />
<strong>Solutions</strong> Incorporations, Bio Clinical <strong>Solutions</strong>, DATATRAK Incorporations, CRF Health <strong>Solutions</strong>, ERT Inc., <strong>and</strong><br />
<strong>eClinical</strong> <strong>Solutions</strong>.<br />
<strong>Market</strong> Segment:
<strong>eClinical</strong> <strong>Solutions</strong> Product Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />
• Electronic Clinical Outcome Assessment (eCOA)<br />
• Electronic Data Capture (EDC) <strong>and</strong> Clinical Data Management Systems (CDMS)<br />
• Clinical Analytics Platforms<br />
• Clinical Data Integration Platforms<br />
• Safety <strong>Solutions</strong><br />
• Clinical Trial Management Systems (CTMS)<br />
• R<strong>and</strong>omization <strong>and</strong> Trial Supply Management (RTSM)<br />
• Electronic Trial Master File (eTMF)<br />
<strong>eClinical</strong> <strong>Solutions</strong> Delivery Mode Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />
• Web-hosted (On-dem<strong>and</strong>)<br />
• Licensed Enterprise (On-premise)<br />
• Cloud-based<br />
<strong>eClinical</strong> <strong>Solutions</strong> Clinical Trial Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />
• Phase I<br />
• Phase II<br />
• Phase III<br />
• Phase IV<br />
<strong>eClinical</strong> <strong>Solutions</strong> End-use Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />
• Hospitals<br />
• CROs<br />
• Academic Institutes<br />
• Pharmaceutical Biopharmaceutical Companies<br />
• Medical Device Manufactures<br />
<strong>eClinical</strong> <strong>Solutions</strong>, Regional Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />
• North America<br />
• U.S.<br />
• Canada<br />
• Mexico<br />
• Europe<br />
• U.K.<br />
• Germany<br />
• France
• Italy<br />
• Spain<br />
• Netherl<strong>and</strong>s<br />
• Sweden<br />
• Denmark<br />
• Asia Pacific<br />
• Japan<br />
• China<br />
• India<br />
• Korea<br />
• Australia<br />
• New Zeal<strong>and</strong><br />
• Taiwan<br />
• Hong Kong<br />
• Singapore<br />
• Thail<strong>and</strong><br />
• Vietnam<br />
• Latin America<br />
• Brazil<br />
• Argentina<br />
• Chile<br />
• Middle East & Africa<br />
• South Africa<br />
• Saudi Arabia<br />
• U.A.E<br />
• Egypt<br />
• Qatar<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/healthcare-it
Get in touch<br />
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our<br />
representatives strive to underst<strong>and</strong> diverse client requirements <strong>and</strong> cater to the same with the<br />
most innovative <strong>and</strong> functional solutions.<br />
Contact Person:<br />
Ryan Manuel<br />
Research Support Specialist, USA<br />
Email: ryan@millioninsights.com<br />
Global Headquarters<br />
Million Insights<br />
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States<br />
Phone: 1-408-610-2300<br />
Email: sales@millioninsights.com<br />
Asia Pacific<br />
Million Insights<br />
Office No. 302, 3rd Floor, Manikch<strong>and</strong> Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016<br />
India<br />
Phone: 91-20-65300184
Change language