Global E-Clinical Solutions Market to Grow at 12.8% Annually Through 2027

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Research and Markets

Sep 26, 2022, 13:45 ET

DUBLIN, Sept. 26, 2022 /PRNewswire/ -- The "Global E-Clinical Solutions Market Research and Forecast, 2022-2028" report has been added to  ResearchAndMarkets.com's offering.

The global e-clinical solution market is expected to grow at a CAGR of 12.8% during the forecast period (2021-2027). E-clinical solutions are software or applications used to track, manage, and record data related to clinical trials and clinical research. The e-clinical solutions provide solutions incorporated with advanced technologies expertise to support and accelerate the clinical development process.

The increasing number of clinical trials by biopharma companies, rising R&D activities, growing customer base with the adoption of e-clinical solutions, and government grants for clinical trials adoption are the major factors boosting the growth of this market. For instance, The National Institutes of Health (NIH), part of the US Department of Health and Human Services (HHS) provides funds to awardees to conduct clinical trials involving human subjects.

Every year NIH invests approximately $37.7 billion in clinical trials in medical research to improve human life, reduce illness and disability. Apart from this, the growth of this market can be attributed to the rising demand for improved data standardization and a focus on improving and maintaining the quality of clinical trial procedures.

Moreover, high operational and maintenance costs associated with e-clinical solutions and the lack of skilled research professionals are projected to hinder the growth of the global e-clinical solutions market. The innovations and developments in e-clinical solution software with less operating cost can create more opportunities in the global e-clinical solution market growth.

The Report Covers

  • Market value data analysis of 2020 and forecast to 2027.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global e-clinical solution market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying 'who-stands-where' in the market.

Key Topics Covered:

1. Report Summary

2. Market Overview and Insights

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Overview

3.1.2. Financial Analysis

3.1.3. SWOT Analysis

3.1.4. Recent Developments

3.2. Key Strategy Analysis

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. Global E-Clinical Solution Market, By Deployment

5.1.1. Web-Based

5.1.2. Cloud-Based

5.1.3. Licensed Enterprise

5.2. Global E-Clinical Solution Market, By End-User

5.2.1. Pharmaceutical & Biotechnology Companies

5.2.2. Medical Device Manufacturers

5.2.3. Hospitals

5.2.4. Contract Research Organizations

5.2.5. Others (Academic Research Institutes)

6. Regional Analysis

6.1. North America

6.1.1. United States

6.1.2. Canada

6.2. Europe

6.2.1. UK

6.2.2. Germany

6.2.3. Italy

6.2.4. Spain

6.2.5. France

6.2.6. Rest of Europe

6.3. Asia-Pacific

6.3.1. China

6.3.2. India

6.3.3. Japan

6.3.4. Rest of Asia-Pacific

6.4. Rest of the World

7. Company Profiles

Companies Mentioned

  • Adroit Infosystems, Inc.
  • Advarra, Inc.
  • Anju Software, Inc.
  • Bioclinica
  • Clinipace Inc.
  • CRF Health Inc.
  • Datatrak International, Inc.
  • DZS Clinical Services
  • Dassault Systemes S.A. (Medidata Solutions, Inc)
  • e-Clinical Solutions, LLC
  • ERT Clinical
  • MaxisIT Inc.
  • Oracle Corp.
  • Parexel International Corp.
  • Saama Technologies, Inc.
  • Veeva Systems Inc.
  • XClinical GmbH

For more information about this report visit https://www.researchandmarkets.com/r/buhrt7

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