Electronic Data Capture (EDC) Market – Future Growth Analysis 2025 | Openclinica, LLC., OmniComm Systems
Electronic data capture (EDC) are electronic systems including software for the collection of a variety of clinical data, primary used for human clinical trials. These systems streamlines the entire collection methodology starting from the design to the data reporting, facilitating workflows in clinical trials. EDC systems are helpful for accelerating the time to market for drugs and help in easing the regulatory hurdles in new medical device development. These systems are being increasingly adopted by pharmaceutical companies and contract research organizations in various parts of the world. They are particularly beneficial in high risk trials since they help in eliminating discrepancy in data entry, leave a reliable audit trail, and allow for centralized review across the process. The use of EDC system not only decreases the physical storage space and reduces the maintenance cost but helps in ensuring patient safety as well. A user-friendly reporting platform and intuitive interface are some of the key features of EDC systems. Using EDC software, data for a clinical trial can be imported from a variety of sources in a seamless manner
Request Sample Copy of the Report @
The need for cleaner data and more efficient clinical trial is a prominent aspect driving the demand for electronic data capture systems. The ability of web-based EDC systems to support real time access of data is one of the key factors stoking their popularity. The unique benefit of adaptive trial designs in EDC systems is an attractive proposition boosting their adoption in next-generation healthcare system. The global electronic data capture market is likely to benefit from the advent of open source EDC software. The market will also benefit from the rising popularity of integrated EDC systems. The advent of cloud-enabled electronic data capture services is a welcome development in the market by enabling end users make high-performance clinical research in multiple environments.
Global Electronic Data Capture (EDC) Market: Overview
Electronic Data Capture (EDC) leverages different systems, which slightly vary in terms of features and functionalities, to gather clinical trial data in electronic form. A software, it streamlines and stores patient data accumulated during clinical trials. Data is either procured electronically or first recorded on paper and then transcribed into the system and saved in an electronic case report form (eCRF). Some of the basic features of an electronic data capture (EDC) are eCRF designer, query management, data entry, and data export.
Request TOC of the Report @
Contract research organizations (CROs), sponsors, and sites are increasingly making a transition to electronic data software (EDC) for clinical trials on account of the advantages it accords. Institutions can either choose to build their own systems in-house or leverage the services of an EDC vendor.
Global Electronic Data Capture (EDC) Market: Key Trends
An electronic data capture (EDC) brings about quicker access to data, accuracy, and ensures data security with appropriate technical controls. Besides, it also brings about compliance with regulatory requirements – a factor that has majorly underpinned its demand as most clinical trials fall flat on their face because of being unable to satisfy regulatory needs that delay drugs in becoming commercially available.
Moreover, an electronic data capture (EDC) aids in upping efficiency of clinical trials because of its user-friendly navigation. It easy to locate and filter what is needed. To top it all off, an electronic data capture (EDC) comes in different price ranges to suit every budget. Plus, in the long run, it helps to save money notwithstanding the upfront investment. On account of the aforementioned unique perceived benefits, EDC systems are seeing significant uptake.
Other factors lending support to the market are the growing complications in managing clinical information generated before, during, and after the trial and continued technological improvements in the systems.
Global Electronic Data Capture (EDC) Market: Market Potential
The global market for electronic data capture (EDC) is highly dynamic with new developments constantly reshaping the competitive contours. Some such recent developments to have rocked the market are the raising of $30 million by clinical trial software company Medrio from Questa Capital Management for building of new software programs and the extending of partnership between CROS NT and Medidata that would enable the former’s customers’ access to Medidata’s electronic data capture (EDC) solution.
Read Comprehensive Overview of Report @
The cloud-based delivery systems for electronic data capture (EDC) services are primed for healthy growth in the near future on account of soaring demand, which in turn would be stoked by the greater efficiency in different applications, namely the trial design, data collection, and monitoring and report generation such modes of delivery bring about.
Global Telecom Managed Services Market: Regional Outlook
Geographically, the main segments of the market electronic data capture (EDC) are Europe, Asia Pacific, North America, and the Rest of the World. Of them, North America is a key region due to the high degree of awareness about the benefits of such systems and strict regulations relating to handling with clinical information. Presence of prominent pharmaceutical companies in the region is also said to be catalyzing market growth in the region.
Global Electronic Data Capture (EDC) Market: Competitive Analysis
In order to gauge the competition prevailing in the global market for electronic data capture (EDC), the report profiles companies such as Oracle Corporation; Medidata Solutions, Inc.; BioClinica; Parexel International Corporation; eClinicalSolutions; Merge Healthcare, Inc.; Openclinica, LLC., OmniComm Systems, Inc.; and Acceliant.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electronic Data Capture (EDC) Market – Future Growth Analysis 2025 | Openclinica, LLC., OmniComm Systems here
News-ID: 1385385 • Views: 145
More Releases from TMR Research
Pallet Pooling Market 2029 | Zentek Pool System, IGPS Logistics LLC, PPS Midland …
Global Pallet Pooling Market: Overview A pallet is the structural foundation of a unit load which allows handling and storage efficiently. These have emerged as important tools within industries on account of he strength and resilience they offer to industrial goods and products. A rising demand for these pallets in the current market scenario is due owing to increase in demand for superior logistical support. Get Exclusive PDF Sample Copy Of This
Contactless Biometrics Technology Market 2029 | Touchless Biometric Systems AG, …
Contactless Biometrics Technology Market: Overview Contactless biometrics is a relatively new technology for face, fingerprint, and iris identifications. Contactless biometrics technology has attracted a newfound attention among industries on the back of COVID-19 pandemic. Social distancing measures have spurred role of contactless technologies in businesses. A recent case in point is the adoption of contactless biometrics at airports in some developed countries. The aviation industry thus has been accelerator of the
Supply Chain Management BPO Market 2029 | Accenture Ltd., Avnet, Tech Mahindra L …
Supply Chain Management BPO Market: Overview Stakeholders are leveraging the potential of BPO in supply chain management. They have got attracted toward reduced cost and low risks of BPO models. Such models are increasingly becoming strong pivot on meeting evolving customer requirements, driving the evolution of the supply chain management BPO market. The growing role of BPO for improving supply chain efficiencies across service models in various industries has boosted the
CBD Gummies Market 2029 | Reliva CBD Wellness, Medix CBD, Green Roads CBD, Pure …
Global CBD Gummies Market: Overview Legal permission to use cannabis for medicinal as well as recreational purposes is working as a key driver for the growth of the global CBD gummies market. The market for CBD gummies is foreseen to register high growth trajectory during the forecast period of 2019 to 2027. As CBD gummies are non-psychotropic, their consumption does not give highness to consumers. The upcoming report on the global CBD
More Releases for EDC
Electronic Data Capture (EDC) Market | BioClinica; Parexel International Corpora …
Global Electronic Data Capture (EDC) Market: Overview Electronic Data Capture (EDC) leverages different systems, which slightly vary in terms of features and functionalities, to gather clinical trial data in electronic form. A software, it streamlines and stores patient data accumulated during clinical trials. Data is either procured electronically or first recorded on paper and then transcribed into the system and saved in an electronic case report form (eCRF). Some of the
Electronic Data Capture (EDC) Market - Competitive Analysis Foreseen by 2025
Global Electronic Data Capture (EDC) Market: Snapshot Electronic data capture (EDC) are electronic systems including software for the collection of a variety of clinical data, primary used for human clinical trials. These systems streamlines the entire collection methodology starting from the design to the data reporting, facilitating workflows in clinical trials. EDC systems are helpful for accelerating the time to market for drugs and help in easing the regulatory hurdles in
Dichloroethane (EDC) Market to Rear Excessive Growth by 2020
Dichloroethane is also known as ethylene dichloride (EDC). Dichloroethane is a colorless liquid with chloroform-like odor. Dichloroethane is a chlorinated hydrocarbon, generally used to produce vinyl chloride monomer, the major precursor of polyvinyl chloride (PVC).Dichloroethane is highly flammable, toxic and carcinogenic.Dichloroethane can be easily recycled and reused in the same facility for further use. Dichloroethane market is strongly depends on PVC market and construction industry. Based on the application, the
Ennov EDC Receives CDISC ODM Certification
Greensboro, NC, USA – 26 July 2017 – Ennov, a leading provider of regulated content management solutions for the Life Sciences industry, announced today that its Electronic Data Capture (EDC) solution, Ennov Clinical EDC, has recently received the Operational Data Model (ODM) certification by the Clinical Data Interchange Standards Consortium (CDISC). This CDISC ODM certification ensures that Ennov Clinical EDC is capable of producing ODM files with a high
Ennov Clinical EDC Version 8 Released
Ennov Clinical EDC Version 8 Released Greensboro, NC, USA – 25 July 2017 – Ennov, a leading provider of regulated content management solutions for the Life Sciences industry, announces the release of version 8 of its Electronic Data Capture (EDC) solution, Ennov Clinical EDC. With over 15 years of experience, Ennov Clinical EDC version 8 contains an improved and modern user interface, harmonizing the EDC application with all other Ennov
EDC-VC ANNOUNCES BOARD EXPANSION
CAMARILLO, Calif. – The Economic Development Collaborative-Ventura County announces the addition of Amy Fonzo and Ron Galaviz to its board of directors. Fonzo, manager of external relations at California Resources Corporation, brings a unique blend of leadership, strategic planning and professional experience to the EDC-VC board. Galaviz, founder of Thousand Oaks construction company, Lead Builders, Inc, brings extensive first-hand experience in sustaining and growing a small business in Ventura County. “Both