Press release
Global E-Clinical Solution Software Market is Expected to Thrive at a CAGR of 14.1% by 2023 | Top Key Players - Oracle Corporation, Merge Healthcare Inc., Medidata Solutions Inc., PAREXEL International Corporation
Global E-Clinical Solution Software market accounted for USD 3,298.4 million in 2017 and is estimated to reach USD 10,816.8 million in 2023, registering a compound annual growth rate (CAGR) of 14.1% between 2017 and 2023.
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Growth Drivers & Barriers
Rising clinical trials and growing investments in R&D in life sciences is anticipated to drive the growth of E-Clinical Solution Software market. Addition to that, rising prevalence of chronic diseases across the globe to intensify the growth of the market in the years ahead. Further, rising demand for new drugs is poised to intensify the demand for E-Clinical Solution Software in the years ahead.
Rising demand for data standardization and reduced time taken in clinical trial process are some of the key factors which have impelled the market for E-Clinical Solution Software in the past years. Further, advantages of e-clinical solutions such as ease of sharing medical data and report across the globe is aiding to the growth of the market.
On the contrary, high implementation cost and low availability of skilled manpower is projected to hamper the growth of the market. Lack of IT professional in remote areas is also predicted to negatively impact the growth of E-Clinical Solution Software market.
Regional Outlook:
In the terms of geography, the E-Clinical Solution Software market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, North America is slated to account for highest percentage of market share in overall E-Clinical Solution Software market during the forecast period. Europe E-Clinical Solution Software market accounted for second position in overall E-Clinical Solution Software market in 2017.
Segmentation
The research offers a comprehensive analysis of E-Clinical Solution Software market with respect to following sub-markets:
By Product
- Electronic Clinical Outcome Assessment
- Clinical Data Management
- Trial Supply Management
- Clinical Trial Management
- Randomization
- Safety Software Solutions
By End User
- Chemical Research Organizations
- Healthcare Providers
- Pharmaceutical
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
- Oracle Corporation
- Merge Healthcare Inc.
- Medidata Solutions Inc.
- PAREXEL International Corporation
- Bioclinica
- ERT
- OmniComm
- PHT Corporation
- DATATRAK International Inc.
- CRF Health Inc.
- Others Major and Niche Key Players
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Barriers in Global E-Clinical Solution Software Market
3. Global E-Clinical Solution Software Market Trends
4. Opportunities in Global E-Clinical Solution Software Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Global E-Clinical Solution Software Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global E-Clinical Solution Software Market Segmentation Analysis, By Product
8.1. Introduction
8.2. Market Attractiveness, By Product
8.3. BPS Analysis, By Product
8.4. Electronic Clinical Outcome Assessment Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Clinical Data Management Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6. Trial Supply Management Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.7. Clinical Trial Management Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8. Randomization Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.9. Safety Software Solutions Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global E-Clinical Solution Software Market Segmentation Analysis, By End User
9.1. Introduction
9.2. Market Attractiveness, By End User
9.3. BPS Analysis, By End User
9.4. Chemical Research Organizations Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Healthcare Providers Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.6. Pharmaceutical Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
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