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eClinical Solutions Market To Boost Growth Due To Technological Advancement In 2018-2026 Pridicted by Global Top Players - Oracle Co., BioClinica Inc., CRF Health, DATATRAK International Inc., eClinical Solutions Inc., MaxisIT Inc., Medidata Solutions Inc

11-01-2018 02:51 PM CET | IT, New Media & Software

Press release from: Coherent Market Insights - Healthcare IT

Global eClinical Solutions Market

Global eClinical Solutions Market

eClinical solutions is used to improve the clinical development process through data management and data analysis. It offers total transparency and utilization of the clinical and operational data by providing data management software and customized data management services, including electronic data capture (EDC), clinical reporting, clinical data repository platform and data management and standardization. The advantages and applications of eClinical software allows users to analyze, manage, integrate, and standardize all their clinical and operational data with the help of integrated advanced visualization and analytical capabilities. Software such as clinical trial managements system (CTMS) help users to comply with government regulations, patient management, investigator management, budgeting, and adverse event reporting system among others.

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Market Dynamics:

Increasing number of clinical trials in emerging economies due to lower operational costs is expected to boost demand for eClinical solutions software. For instance, data from ClinicalTrials.gov, showed that, in 2017, 36% of clinical trials were conducted in the U.S. and 47% in non-U.S. countries. Clinical trial data is significant for the quick development of new treatments in a cost-effective manner. It is the most valuable asset for life sciences companies. Companies outsource the intense administrative parts of research and regulatory and ethics filings, to international countries for economical expenses and reducing cost and time. Developing nations can often offer access to a larger number of patients, with quicker enrollment, and in general a shorter trial timeline from start to finish. Moreover, increasing number of clinical trials for various chronic diseases such as cancer is expected to fuel growth of the eClinical solutions market.

Competitive Analysis:

Key players operating in the eClinical solutions market include BioClinica Inc., CRF Health, DATATRAK International Inc., eClinical Solutions Inc., MaxisIT Inc., Medidata Solutions Inc., Merge Healthcare Inc., OmniComm Systems Inc., Oracle Co., and PAREXEL International Co.

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Market Taxonomy:

Global eClinical Solutions Market, By Deployment Type:
Web-based
Cloud-based
Licensed Enterprise

Global eClinical Solutions Market, By Product Type:
Electronic Data Capture
Electronic Clinical Outcome Assessment
Clinical Data Management System
Clinical Trial Management System
Clinical Analytics Platform
Randomization and Trial Supply Management
Electronic Trial Master File
Others

Global eClinical Solutions Market, By End User:
Pharmaceutical and Biopharmaceutical Companies
Hospitals
Consulting Servicing Companies
Research Organizations
Medical Device Manufacturers

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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