Press release
Global e-Clinical Solutions Market Size, Share, Emerging Trends, Analysis and Forecast 2018-2024
Global e-clinical solutions market is predicted to grow at 11.9% CAGR during the forecast period with the market size reaching USD 10.4 billion by 2024. The market is driven by the factors such as intensifying number of clinical trials, mounting implementation of software solution during clinical trials, increasing need for improved data standardization, mounting requirement for analyzing and tracking data and intensifying research, and development expenditure by pharmaceutical and biotechnology companies. Expanding clinical trial outsourcing, expanding government grants to support clinical research, and amplified IT budgets for drug development are further fuelling the growth of the market.Explore Full Report Description At: https://www.vynzresearch.com/healthcare/e-clinical-solutions-market
North America accounted for the major share in the e-clinical solutions industry in 2017, globally as the players in the region are continuously investing spends in research and development by pharmaceutical and biotechnology companies. In addition, mounting demand for improved data standardization, and home to a large number of industry players are some of the factors facilitating the growth of the North American e-clinical solutions market.
Moreover, Asia-Pacific is observed to witness the fastest growth in the e-clinical solutions market, owing to mounting government sponsoring to strengthen clinical trials, existence of less strict regulatory strategies, and less operational cost for clinical trials. Mounting healthcare expenditure, easy patient recruitment, mounting outsourcing of clinical trials, and growing number of pharmaceutical companies and CROs are some of the factors fuelling the growth of the Asia-Pacific e-clinical solutions market
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Key players in the e-clinical solutions industry are investing in the development of advanced, which is strengthening their position in the market., Oracle Corporation, PAREXEL International Corporation Medidata Solutions, Inc., DATATRAK International, Inc., eClinical Solutions, Inc., Bio-Optronics, Inc., ERT, MaxisIT Inc., and OmniComm Systems, Inc. are some of the key players offering e-clinical solutions.
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