eClinical Solution Market By Large Player | e-Clinical Solution Inc (U.S.), Medidata Solutions Inc (U.S.), DATATRAK International Inc (U.S.), and Oracle Co (U.S.)

The Global E-Clinical Solutions Market Size Is Expected To Increase USD 6 Billion by the End of 2022.

The e-Clinical Solutions Market is extremely competitive, with a large number of global and local providers of e-clinical solutions. Oracle Corporation is the leading player or the global e-clinical solution market. Although, developed regions including North America and Europe held large shares in the e-clinical solutions market in 2015, the developing countries of Asia-Pacific region is expected to grow at the highest CAGR in the next five years due to factors such as the increasing outsourcing of clinical trial studies by the large pharma and biopharma companies in Asia-Pacific region, presence of large patient population, and low operating cost in directing clinical trials are driving the growth of the e-clinical solutions market in this region.

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These emerging markets including China, Korea, and India have become attractive destinations for outsourcing of clinical trials due to presence of large population and low operating cost for performing clinical trials in these countries other factors such as less stringent regulatory guidelines compared to developed nations in these countries, shortage of trial volunteers in Europe, North America, and other developed countries, growing number of life science and healthcare research companies and CROs are the key factors leading to the increased demand for e-clinical solutions in emerging markets. Hence in order to leverage the high growth opportunities offered by these emerging economies, leading market players are expanding their presence in these countries.

Competitive Analysis:

The sector is undergoing considerable transformation which has accelerated the growth pace of the sector. In order to leverage the high growth opportunities offered by these emerging economies, leading market players are expanding their presence in these countries. The best long-term growth opportunities for this sector can be harnessed by ensuring ongoing process improvements and maintaining financial flexibility to invest in the optimal strategies. However, with companies aiming to capture a considerable share of the market segment as early as possible, they implementing and experimenting with various advantage points.

Key players profiled in the report are ERT (U.S.), e-Clinical Solutions, Inc. (U.S.), Merge Healthcare Incorporated (U.S.), and OmniComm Systems, Inc. (U.S.), Medidata Solutions, Inc. (U.S.), DATATRAK International, Inc. (U.S.), and Oracle Corporation (U.S.).

Intended Audience

Global e-Clinical solution software manufacturers & suppliers
Contract research organizations (CROs)
Research and development (R&D) companies
Government research laboratories
Independent research laboratories
Government and independent regulatory authorities
Market research and consulting service providers
Academic institutes and universities

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Segments:

The global e-Clinical solution market is segmented on the basis of products and delivery method. Based on products used the market is segmented into by product clinical data integration, clinical data management system (CDMD), clinical trial management system (CTMS), randomization and trial supply management (RTSM), safety solutions and others. Based on delivery methods the market is segmented into web based, enterprise, and cloud based solutions forecast to 2022.

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This release was published on openPR.