eClinical Solutions Market Size, Share Analysis by Types and Application till 2025
The global eClinical Solutions Market size is predicted to value at USD 12.05 million by 2025, during the forecast period. The market is subject to undergo substantial growth due to the rise in the R&D activities by several biopharma and healthcare organizations, the growing use of automated solutions in medical trials, and the rise in the customer base. Various advanced technologies such as electronic data capture via Wi-Fi-enabled devices in the field of clinical trials have led to rapid development in the eClinical solutions industry in recent years.
The global eClinical Solutions Market size is predicted to value at USD 12.05 million by 2025, during the forecast period. The market is subject to undergo substantial growth due to the rise in the R&D activities by several biopharma and healthcare organizations, the growing use of automated solutions in medical trials, and the rise in the customer base. Various advanced technologies such as electronic data capture via Wi-Fi-enabled devices in the field of clinical trials have led to rapid development in the eClinical solutions industry in recent years.
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eClinical is commonly used to signify the automated electronic applications that are implemented in clinical
research. The use of eClinical is significantly growing in the biopharmaceutical industry as well. Formerly, eClinical
solutions are typically adopted for engineering application in clinical trials similar to EDCs i.e. electronic data
capture systems, electronic patient diaries, interactive voice response (IVR) systems, interactive web recognition
(IWR) systems, e-PRO, and other kinds of automated systems that are commonly utilized in clinical trials. eClinical
solutions are mostly web-based toolkits to capture real-time data associated with clinical trials to provide faster
and superior execution of clinical processes. eClinical solutions are implemented with the help of software located
on the server-side, so it is not needed to install it on the desktop. There are various clinical forums allowing users to
share ideas via the internet.
The conventional methodologies such as clinical trials were influenced by some of the critical factors similar to the
growing competition, rising prices of medicines, and strict governmental laws to limit adverse effects on the
environment. With the advent of the eClinical solutions, such factors are significantly diminished due to numerous
advantages provided with the use of the eClinical technologies. Benefits associated with the adoption of eClinical
solutions are superior performance, successful trials, reliability and short timeframes for the execution of the
clinical trials, and cost-effectiveness.
The eClinical solutions market is divided into regional market segments such as North America, Europe, Asia-Pacific,
Latin America, and Africa. North America has shown major growth in recent years owing to the rise adoption of
modern techniques in the healthcare sector and the presence of prominent industry players in the region. Asia-
Pacific region is predicted to hold a major market share in the eClinical solutions industry with massive growth in
the forecast period. Countries such as India, China, and Singapore are leading the Asia-Pacific market with the
growing need for medical infrastructure and increasing the occurrence of chronic diseases like cancer and
cardiovascular disorders. The key players in the eClinical solutions market are IBM Inc., Oracle Co., Medidata
Solutions Incorporations, Bio Clinical Solutions, DATATRAK Incorporations, CRF Health Solutions, ERT Inc., and
eClinical Solutions.
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Market Segment:
eClinical Solutions Product Outlook (Revenue, USD Million, 2014 - 2025)
• Electronic Clinical Outcome Assessment (eCOA)
• Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS)
• Clinical Analytics Platforms
• Clinical Data Integration Platforms
• Safety Solutions