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Top Trends in eClinical Solutions Market Set to Grow at 12.4% CAGR to 2023 - Company Profiles and Complete Ooverview by PAREXEL International Corporation, BioClinica, Inc., OmniComm Systems, Inc. and DATATRAK International Inc.

01-28-2019 01:32 PM CET | IT, New Media & Software

Press release from: ReportsnReports

eClinical solutions market

eClinical solutions market

#Download PDF Brochure of eClinical Solutions Market Now available at
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Global eClinical Solutions Market, by Product are Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS), Clinical Trial Management Systems (CTMS), Clinical Analytics Platform, Randomization and Trial Supply Management (RTMS), Clinical Data Integration Platform, Electronic Clinical Outcome Assessment (eCOA), Safety Solutions, Electronic Trail Master Files (eTMF), and Regulatory Information Management Solutions (RIMS).

Report on eClinical solutions market covers software solutions used across all phases in clinical trial process. It aims at estimating market size and future growth potential of this market across different segments such as product type, delivery mode, clinical trial phase, end user, and regions.

#Table of Content
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 eClinical Solutions Market, By Product
7 eClinical Solutions Market, By Delivery Mode
8 eClinical Solutions Market, By Clinical Trial Phase
9 eClinical Solutions Market, By End User
10 eClinical Solutions Market, By Region
11 Competitive Landscape
11 Company Profiles
12 Appendix

Geographically, North America commanded largest share of eClinical solutions market in 2016, followed by Europe. A number of factors like increasing government grants to support clinical trials, continuous product development and launch by eClinical solution vendors, growth in number of partnerships for new drug development, high prevalence of lifestyle diseases, & an increasing aging population are further stimulating demand for eClinical solutions in North America.

#Get Discount On eClinical Solutions Market Research Report Now at
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The eClinical solutions market is highly competitive, with a large number of global and local players. Oracle Corporation (U.S.) Medidata Solutions, Inc. (U.S.), and PAREXEL International Corporation (U.S.) were the top three players in the eClinical solutions market in 2016.

The global eClinical solutions market is estimated to reach 7.61 Billion by 2022, at a CAGR of 12.4% during the forecast period (2017-2022). Adoption of novel software solutions during clinical research and rising government funding to support clinical trials are key factors fueling the growth of the market.

#Key Target Audience
• Healthcare IT Service Providers
• eClinical Solution Vendors
• Clinical Research Organizations
• Pharmaceutical/Biopharmaceutical Companies
• Research and Development (R&D) Companies
• Business Research and Consulting Service Providers
• Medical Research Laboratories
• Academic Medical Centers/Universities/Hospitals
• Venture capitalists and other government funding organizations
• Market research and consulting firms

Partnerships, agreements, and collaborations are key growth strategies adopted by major players to enhance their positions in this market. Strategies such as product launches, enhancements, and deployments; mergers, and acquisitions; and geographic expansions were also adopted by a significant number of market players to strengthen their product portfolios and expand their geographic presence in the global eClinical solutions market.

#More Details on “eClinical Solutions Market by Product (CDMS, EDC, CTMS, eCOA, Analytics, RTMS, eTMF, Safety), Delivery Mode (On-Demand, On-premise, Cloud-based), Clinical Trial Phases, End User (Pharma/Biopharma Companies, CROs, Hospitals) - Global Forecast to 2022” report @ http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=187723 .

Web-based delivery mode segment commanded largest share of eClinical solutions market. A number of factors like easy user access, reductions in cost, and faster retrieval of data are responsible for its prominent market share. Cloud-based delivery mode segment is estimated to register highest growth rate during forecast period. Ease of integration, quicker deployment, and flexible scalability with a fixed monthly fee offered by cloud-based models are expected to drive demand for these solutions.

Drivers
• Increasing operational costs and regulatory requirements associated with clinical research studies
• Growing adoption of novel software solutions in clinical research
• Rising government funding & grants to support clinical trials
• Growing adoption of eClinical solutions for improved data standardization
• Increasing R&D expenditure by pharma-biotech companies with augmented it expenditure allocations for drug development pipeline
• Growing customer base for eClinical solutions

Restraints
• High implementation costs associated with eClinical solutions
• Dearth of skilled professionals for operating eClinical solutions
• Limited awareness among researchers related to advantages of eClinical solutions

Opportunities
• Increasing clinical research activities in emerging Asian countries
• Increased outsourcing of clinical trial processes by industrial researchers to CROs
• Rising number of clinical trials, especially across emerging countries
• Shift from manual data interpretation to real-time data analysis during clinical studies

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