openPR Logo
Press release

Electronic Data Capture (EDC) Market – Sophisticated Growth 2025 | Openclinica, LLC., OmniComm Systems

02-11-2019 01:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

/ PR Agency: TMR Research
Electronic Data Capture (EDC) Market – Sophisticated Growth

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 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

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.

Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=2546

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.

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.

Request TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=2546

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.

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.

Read Comprehensive Overview of Report @ www.tmrresearch.com/electronic-data-capture-market

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.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 – Sophisticated Growth 2025 | Openclinica, LLC., OmniComm Systems here

News-ID: 1576996 • Views: 127

More Releases from TMR Research

Hydrolyzed Plant Proteins Market Booming Global Industry Investments and future …
Global Hydrolyzed Plant Proteins Market: Overview Hydrolyzed plant proteins have found use in a wide range of applications in the food and beverages industry. Most commonly, the protein is used to enhance flavor in several processed food products. Several functional characteristics are key to the growing popularity of these proteins. Proteins from oil-producing plants have excellent fat binding and emulsification properties, which are being utilized by hydrolyzing these for applications that
Rose Extracts Market 2028 | Young Living Essential Oils, Thracian Oils Ltd., Fle …
Global Rose Extracts Market: Overview Pharmacological properties of key species of rose flowers are well known, and several companies have been utilizing these for skin care. This is one of the key trends propelling the steady evolution of the rose extracts market. A growing body of in-vivo and in-vitro clinical studies over the past few years have underscored the therapeutic potential of rose extracts. In skin care, rose extracts have been
Global Fruit Tea Market Analysis, Size, Share, Growth & Forecast 2018-2028: Tata …
Global Fruit Tea Market: Overview Based on the nutritive value like vitamin C, and health benefits such as great antioxidant are some of the reasons that are boosting the demand for fruit tea across the globe. Moreover, the growing popularity of the beverage in health cautious genre of population is also a crucial factor that is propelling the demand for fruit tea market. Based on these factors the global fruit
Dairy Desserts Market 2028 | General Mills Inc., Royal FrieslandCampina NV, Nest …
Global Dairy Desserts Market: Overview Who doesn’t love a good dessert after a delicious dinner or lunch? Though they are filled with high calories, they are highly in demand. However, dairy desserts are something that everybody cherishes. The variety in taste and shapes, they are being loved by every age group. Based on the delicious taste and widespread acceptance the global dairy desserts market is expected to grow substantially in the

All 5 Releases


More Releases for EDC

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
07-28-2017 | Health & Medicine
Ennov
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
07-26-2017 | Health & Medicine
Ennov
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
Dichloroethane (EDC) Market Analysis Report 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