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eClinical Solutions Market Analysis to 2025 - PAREXEL International Corporation, Oracle, Medidata Solutions, Inc., Bioclinica, DATATRAK Int., ERT Clinical, CRF Health, OmniComm Systems
eClinical Solutions Market to 2025
The growth of the market can be attributed to increasing adoption of cloud computing and rising demand for improved data standardization and focus on improving and maintaining the quality of clinical trial procedures. Moreover, significant spending on clinical research and development by pharmaceutical and biopharmaceutical industries likely to add new opportunities for the global eClinical solutions market over the forecast period.
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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The key players influencing the market are PAREXEL International Corporation, Oracle, Medidata Solutions, Inc., Bioclinica, DATATRAK Int., ERT Clinical, CRF Health, OmniComm Systems, Inc., Bio-Optronics, Inc., IBM Watson Health and others.
North America followed by Europe, is expected to dominate the eClinical solutions market in the global arena due to the increasing R&D expenditure by pharma & biotech companies with improved IT budgets for drug development. The Asia-Pacific region is anticipated to show a significant growth rate over the next five years in the global eClinical solutions market due to the increasing pressure for reducing the cost and time consumed during clinical trial processes.
On the basis of product the market is segmented into clinical trial management systems, clinical data integration platforms, clinical analytics platforms , randomization and trial supply management, electronic data capture and clinical data management systems, electronic clinical outcome assessment solutions, electronic trial master file systems, regulatory information management solutions, safety solutions and other eClinical solutions.
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The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global eClinical solutions based on product, delivery mode, clinical trial phase and end user. It also provides market size and forecast till 2025 for overall eClinical solutions market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
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