Press release
eClinical Solutions Market Significantly Boost at a CAGR of ~ 11.10 % by clinical analytics platform, randomization & trial supply management systems (RTMS), clinical trial management systems (CTMS)
eClinical solutions provide customized data management services and solutions including EDC, data management, clinical reporting, data standardization and analytical capabilities. Through eClinical solutions they allow life science organization to manage and make a decision regarding clinical trials and programs.
Some of the key players in the global eClinical solutions market are Oracle Corporation, Parexel International Corporation, eClinical Solutions Inc, Medidata Solutions Inc, Bioclinica Inc, CRF Health, Datatrak International, Merge Healthcare Inc, Omnicomm Systems Inc, Maxisit Inc, ERT Clinical
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The global eClinical solutions market is growing due to rising government support for clinical trials through grants and funding, rising adoption of eClinical solutions for improved data standardization and rising R&D spending.
Segmentation
The global eClinical solutions market is segmented based on product, delivery mode, and end-user.
On basis of product the eClinical solutions market is segmented into clinical analytics platform, randomization & trial supply management systems (RTMS), clinical trial management systems (CTMS)
electronic data capture (EDC), clinical data management systems (CDMS), clinical data integration platforms, electronic clinical outcome assessment (ECOA), safety solutions and electronic trial master files (ETMF). Based on delivery mode the market is segmented into web-hosted (on demand), licensed enterprise (on-premise) and cloud-based (SaaS). Further, based on end-users the market is segmented into contract research organizations, medical device manufacturers, consulting service companies, hospitals, pharmaceutical companies and academic research organizations.
eClinical Solutions Market, by Product
Clinical analytics platform
Randomization & trial supply management systems (RTMS)
Clinical trial management systems (CTMS)
Electronic data capture (EDC)
Clinical data management systems (CDMS)
Clinical data integration platforms
Electronic clinical outcome assessment (ECOA)
Safety solutions
Electronic trail master files (ETMF)
Global eClinical Solutions Market, by Delivery mode
Web-hosted (on demand)
Licensed enterprise (on-premise)
Cloud-based (SaaS)
The eClinical solutions market is divided into four major regions, namely, - North America, Europe, Asia-Pacific, and the rest of the world. North America is expected to have the largest share in the eClinical solutions market. Major factors contributing to the large share of this segment include high demand for technologically advanced products, rising number of ongoing clinical trials and increasing financial support from the government is anticipated to boost the growth in this region.
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Asia-Pacific is expected to register the highest CAGR during the forecast period. Factors influencing the growth of this region include government funding to support clinical research and increasing outsourcing of clinical trials by large biopharmaceutical organization in the developing Asia-Pacific countries.
The European region is projected to register the highest CAGR during the forecast period due to rising investment in R&D and development of emerging economies.
The Middle East and Africa hold the least share in the eClinical solutions market due to the presence of stringent government policies and poor economies, the presence of a large patient base, lesser stringent laws as compared to developed countries.
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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