Electronic Clinical Outcome Assessment (eCOA) Solutions Market - Vendor Landscape 2025 | CRF Health, eClinical Solutions
Electronic clinical outcome assessment (eCOA) is an umbrella term encompassing patient-reported outcomes (PROs), observer-reported outcomes (ObsROs), clinician-reported outcomes (ClinROs), and performance-related outcomes. The eCOA solutions can be used to measure the efficacy of a health intervention on patients’ populations. eCOAs take into account person’s mental condition, symptoms of a disease, and the effect of a disease condition on the patient’s function. eCOA solutions facilitate the clinical diagnosis of diseases with complex etiology and help in designing effective therapies; for instance ClinROs and PROs are commonly used in the assessment of schizophrenia. The solutions make the extensive use of an array of electronic devices and digital technologies such as smartphones, tablets, and computers to help clinicians, patients, and their caregivers make the desired reporting. These solutions are instrumental in improving the accuracy of results in clinical trials by making reporting intelligent, reducing the margin of error, and giving the benefit of an extended sample. In addition, the ability offered by eCOA solutions to gather clinical data in real time and the benefit offered to users in making quick changes are compelling concerns bolstering the popularity among various end users.
Request Sample Copy of the Report @
The need for improving patient safety and safety in clinical trials has gained more significance than ever. eCOA with several of its advantages underpinned by digital healthcare system are increasingly being adopted by hospitals, healthcare centers, and contact research organizations (CROs). Constant advancements in eCOA modalities and applications bode well for the market. Furthermore, the rising adoption of cloud solutions is remarkable expanding the horizon of the electronic clinical outcome assessment market. The advent of innovative data visualization and reporting tools is a noteworthy factor unlocking promising prospects in the market.
Global Electronic Clinical Outcome Assessment (eCOA) Solutions Market: Overview
Electronic clinical outcome assessment (eCOA) solutions quantify a patients overall state of mind, symptoms in a patient, the impact of a particular disease, and how the patient functions in this condition. Electronic clinical outcome assessment can be employed for determining if a drug has been established to deliver treatment benefits. Electronic clinical outcome assessment solutions include patient-reported outcome (PRO), clinician-reported outcome (ClinRO), and observer-reported outcome (ObsRO). There are several end users of electronic clinical outcome assessment such as in hospitals, healthcare centers, and Contact Research Organizations (CROs) among others. The end user segment that held the leading share in 2016 and is expected to exhibit exponential growth over the coming years. This growth can be attributed to the rising pressure on pharmaceutical companies in order to save the total clinical development studies costs.
The global market for electronic clinical outcome assessment solutions is expected to witness significant growth during the forecast period owing to the growing adoption of cloud based platforms across and the emergence of cloud healthcare solutions.
Request TOC of the Report @
Global Electronic Clinical Outcome Assessment (eCOA) Solutions Market: Drivers and Restraints
The global market for electronic clinical outcome assessment solutions is expected to rise at an exponential rate in the upcoming years owing to factors such as the growing adoption of electronic clinical outcome assessment by medical research experts. For instance, in 2015, the Journal of Clinical Studies projected that recently 7% of all the trials are integrating electronic clinical outcome assessment solutions and is expected to rise by almost 20% by the end of 2018. With the healthcare sector witnessing substantial growth, the need for research studies for developing novel treatments and drugs is also rising. The growing number of research studies has further intensified the demand for centralized data capture equipment and technologies. Thus, the above factors are expected to propel the demand for electronic clinical outcome assessment solutions in the near future.
Furthermore, rising weight on pharmaceutical manufacturers in order to expurgate overall prices for new drug development processes has caused in their rising predisposition from paper-based processes towards electronic data capturing. Data capturing through electronic clinical outcome assessment solution platforms enhances the quality of information which is received, complements the data collection processes, and provides noteworthy value to its subscribers, such as data analysis. Electronic based services for capturing data and assessing it to address the challenges of paper based records is rising with increasing patient compliance. They are also known for eliminating the challenges related to data variance and minimizing the cost of site monitoring.
Global Electronic Clinical Outcome Assessment (eCOA) Solutions Market: Market Potential
Companies operating in the global electronic clinical outcome assessment solutions market are implementing strategies such as geographic enhancement, launch of new product, enhancement of distribution channel, partnership agreements, and acquisitions. For instance, in February 2017, CRF Health proclaimed a partnership with Vodafone for enhancing the service offered to clinical trial service providers and their patients. This particular agreement allows CRF to employ the Machine-to-Machine platform of Vodafone.
Read Comprehensive Overview of Report @
Global Electronic Clinical Outcome Assessment (eCOA) Solutions Market: Regional Outlook
Region-wise, North America is expected to lead the market in terms of consumption in the coming years owing to the prevalence of manufacturers of medical device, advanced technology research centers, and hospitals and universities along with enhanced healthcare establishments.
Global Electronic Clinical Outcome Assessment (eCOA) Solutions Market: Vendor Landscape
Some of the top drawer companies present in the market are OmniComm Systems, Inc., ERT Clinical, CRF Health, eClinical Solutions, BioClinica, Merge Healthcare Incorporated, Medidata Solution, Inc., Paraxel International Corporation, and Oracle Corporatio.
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 Clinical Outcome Assessment (eCOA) Solutions Market - Vendor Landscape 2025 | CRF Health, eClinical Solutions here
News-ID: 1385420 • Views: 117
More Releases from TMR Research
Veterinary Infusion Pumps Market Detailed Analysis and Forecast 2017-2025
Veterinary Infusion Pumps Market:Snapshot The rising number of pet owners across the world has driven the demand from a widespread network of industries catering to various demands of pet animals. From food to training and from security to healthcare, each segment of the pet care sector has risen to become a major industrial sector itself in recent years. The veterinary infusion pumps market has been a key beneficiary of this and
Gynecology Surgical Instruments Market Promising Growth Opportunities and Foreca …
Gynecology Surgical Instruments Market: Overview Gynecology surgical instruments are designed to be used in surgical and medical specialties related to female reproductive organs, including fallopian tubes, ovaries, uterus, cervix, vagina, and vulva. In many medical areas, the specialties of gynecology and obstetrics significantly overlap so that many gynecologists are also obstetricians and the instruments used for carrying out surgical procedures are popularly known as obstetrics-gynecology surgical instruments. Get Sample Copy of
Hemodialysis and Peritoneal Dialysis Market Revolutionary Opportunities 2025 | N …
Hemodialysis and Peritoneal Dialysis Market : Snapshot The global market for hemodialysis and peritoneal dialysis is one of the most steadily expanding markets in the global healthcare industry. The massive rise in the number of patients suffering from kidney diseases such as chronic kidney failure and the rising number of patients opting for renal replacement therapy are working in favor of the market. Technological advancements, increased awareness regarding available treatments, and
Extracorporeal Membrane Oxygenation (ECMO) Machine Market Scope Assessment 2025 …
Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market: Snapshot The global market for extracorporeal membrane oxygenation (ECMO) machines is steadily occupying a prominent role in the field of organ support mechanisms that serves clinicians and patients across a number of a medical specialties. This relatively new and advanced approach is gaining increased adoption in the intensive care management of a mounting pool of patients with conditions such as respiratory failures and acute
More Releases for Electronic
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine
Electronic Recycling Market - Increasing Consumption of Electronic Devices
In a report published recently, Transparency Market Research (TMR) provides insights into the growth drivers and restraints impacting the global electronic recycling market. The report is titled “Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019” and is available on the company website for sale. Based on the findings of the survey conducted, the report pegs the global market for electronic recycling market
Electronic Security Market
Electronic security consists of all the systems that use electronic devices and embedded technology to enhance safety measures and protect human life and physical assets. Electronic security systems are also used in business operations to protect confidential business data and to track unauthorised access to business related information and assets. Rise in urbanisation has led to development of smart cities, which has resulted in adoption of security systems as they
Global Electronic Pipettes Market 2015, Electronic Pipettes Market Growth, Elect …
9D Research Group has recently announced the addition of new report "Electronic Pipettes Market 2016 - Global Industry Size, Trends, Growth, Share, Opportunities and Forecast by 2020" to their offering. Global Electronic Pipettes Industry 2016 Market Research Report was a professional and depth research report on Global Electronic Pipettes industry that you would know the world's major regional market conditions of Electronic Pipettes industry, the main region including North American, Europe
Usability & Electronic Health Records
Recent research on electronic health record (EHR) adoption has reported that among the top barriers to adoption, usability concerns equal those of security, privacy and system-integration. User Centric, a user experience research and design firm based in Chicago, is a thought leader in how to ensure EHRs are evaluated for usability. As part of a free webinar series, Managing Director Robert Schumacher, Ph.D., will present “Usability & Electronic Health Records”