E-clinical Solutions Market Research Report | Forecast up to 2025

E-clinical is a term used in a clinical study with reference to electronic applications which are web-based tools employed to capture live data from clinical trials for faster and better execution. Additionally, e-clinical solutions aid efficient planning, tracking, and execution of this data from different geographic areas. Furthermore, they also improve relationships within departments such as site coordinators of medical affairs and clinical investigators. E-clinical solutions refer to a technology which helps accelerate the process of clinical development and aggregate & standardize the collected data for analysis at an individual patient level as well as for cross trail views. The use of e-clinical solutions has simplified the acquisition of analytics and clinical research data. Device & drug tracking, integrated eCRF note changing, real-time notifications, real-time reporting, and configurable report building are a few important features of e-clinical solutions.

The global e-clinical solutions market is expected to expand substantially due to the increasing operational costs & regulatory requirements related to clinical research studies, the rising acceptance of software solutions during clinical trials, and the surge in R&D expenditure in pharmaceutical companies. In addition, e-clinical solutions in Asia Pacific are on the rise owing to the growing number of clinical trials especially across developing countries. Developing markets including India, China, Korea, and Taiwan have become good destinations for the outsourcing of clinical trials due to the low service costs and presence of a large population. However, concerns over patient data privacy and the lack of skilled research professionals are hampering the implementation of e-clinical solution. On the other hand, high operational costs associated with e-clinical solutions are constraining the e-clinical solutions market.

The e-clinical solutions market is segmented by product into the following categories: clinical analytics platforms, Electronic Data Capture (EDC), Clinical Data Management Systems (CDMS), safety solutions, Randomization & Trial Supply Management (RTSM), Electronic Clinical Outcome Assessment (ECOA), clinical data integration platforms, Clinical Trial Management Systems (CTMS), and electronic Trial Master File (eTMF). EDC and CDMS hold a large market share, whereas ECOA is likely to witness a high growth rate during the forecast period.

On the basis of delivery mode, this market is segregated into three groups: web-based, cloud-based solutions, and on-premise. Furthermore, the market is divided based on clinical trial phase into the following segments: phase I, phase II, phase III, and phase IV. Finally, in terms of end-user application, the market is classified into the following divisions: medical device manufacturers, contract research organizations, hospitals, consulting service companies, pharmaceutical & biotechnology industries, and others.

View Report –
http://www.transparencymarketresearch.com/e-clinical-solutions-market.html

Geographically, E-Clinical Solutions market is distributed over North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America dominated this market because of the increasing number of clinical trials conducted in the region, rising investment in R&D resulting in the development of new products, growing prevalence of lifestyle diseases, and increasing government support for clinical trials. However, Asia Pacific is projected to grow at a rapid rate during the forecast period on account of the increasing number of R&D projects and the region’s developing economic status.

Key players operating in this market include Parexel International Corporation, Oracle Corporation, Merge Health Incorporated, Datatrak International, Inc., BioClinica, CRF Health, ERT, E-Clinical Solutions, OmniComm Systems Inc, and Medidata Solution, Inc. In order to gain a competitive advantage in the industry, these players are actively involved in organic and inorganic growth strategies. Collaborations, partnerships, agreements, and new product launches are some of the important strategies followed by them.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

Request a brochure of this report to know what opportunities will emerge in the rapidly evolving E-clinical Solutions Market during 2017- 2025
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=25508

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.