The Global eClinical Solutions Market accounted for $5.06 billion in 2018 and is expected to reach $17.51 billion by 2027 growing at a CAGR of 14.8% during the forecast period.
Technological advancement, government emphasis on clinical research and growing integration of software solutions in clinical trials are the major factors driving the market growth. However, lack of infrastructure is restraining the market growth.
Based on delivery mode, the web-hosted (on-demand) solutions segment is likely to have a huge demand due to the features like effortless user access, reduction in cost, and quicker retrieval of data.
By geography, Asia-Pacific is going to have a lucrative growth during the forecast period owing to the expanding outsourcing of clinical trials by large pharmaceutical and biopharmaceutical organizations to developing nations of this region.
Some of the key players profiled in the eClinical Solutions Market include Oracle Corporation, ERT Clinical, Datatrak International Inc, Parexel International Corporation, Medidata Solutions Inc, Maxisit Inc, Merge Healthcare Incorporated, CRF Health, Bioclinica Inc, Omnicomm Systems Inc, Eclinical Solutions LLC, Bio-Optronics Inc, and IBM Watson Health.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
6 Global eClinical Solutions Market, By Clinical Trial Phase 6.1 Introduction 6.2 Phase IV Clinical Trials 6.3 Phase III Clinical Trials 6.4 Phase II Clinical Trials 6.5 Phase I Clinical Trials
7 Global eClinical Solutions Market, By Product 7.1 Introduction 7.2 Clinical Data Integration Platforms 7.3 Clinical Data Management Systems (CDMS) 7.4 Clinical Analytics Platforms 7.5 Clinical Trial Management Systems 7.6 Electronic Data Capture (EDC) 7.7 Electronic Patient-reported Outcomes (ePRO) 7.8 Electronic Clinical Outcome Assessment Solutions 7.9 Electronic Trial Master File Systems 7.10 Regulatory Information Management Solutions 7.11 Safety Solutions 7.12 Randomization and Trial Supply Management 7.13 Other Products
8 Global eClinical Solutions Market, By End-user 8.1 Introduction 8.2 Hospitals 8.3 Pharmaceutical and Biopharmaceutical Companies 8.4 Medical Device Manufacturers 8.5 Contract Research Organizations 8.6 Consulting Service Companies 8.7 Academic Research Institutes 8.8 Other End-users
9 Global eClinical Solutions Market, By Geography 9.1 Introduction 9.2 North America 9.3 Europe 9.4 Asia-Pacific 9.5 South America 9.6 Middle East & Africa
10 Key Developments 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 10.2 Acquisitions & Mergers 10.3 New Product Launch 10.4 Expansions 10.5 Other Key Strategies
11 Company Profiling 11.1 Oracle Corporation 11.2 ERT Clinical 11.3 Datatrak International Inc. 11.4 Parexel International Corporation 11.5 Medidata Solutions Inc. 11.6 Maxisit Inc. 11.7 Merge Healthcare Incorporated 11.8 CRF Health 11.9 Bioclinica Inc. 11.10 Omnicomm Systems Inc. 11.11 Eclinical Solutions LLC 11.12 Bio-Optronics Inc. 11.13 IBM Watson Health