Global eClinical Solutions Market to reach USD 11.9 billion by 2025 | Oracle Corporation, Medidata Solutions, Inc., Parexel International Corporation, Bioclinica, Inc. (A Subsidiary of Cinven), Datatrak International, Inc., CRF Health, ERT Clinical, Merge

Global eClinical Solutions Market to reach USD 11.9 billion by 2025. Global eClinical Solutions Market valued approximately USD 3.7 billion in 2016 is anticipated to grow with a healthy growth rate of more than 13.9 % over the forecast

Increasing operational costs and regulatory requirements associated with clinical research studies, government grants to support clinical trials, and increasing R&D expenditure by pharma-biotech companies with augmented IT budgets for drug development are some of the major driving factors for the global eClinical Solutions market. However, the low adoption rate in certain geographies due to a lack of awareness related to the benefits of eClinical Solutions is the major factor restraining the growth of this market.

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Some of the key manufacturers involved in the market are

Oracle Corporation
Medidata Solutions, Inc.
Parexel International Corporation
Bioclinica, Inc. (A Subsidiary of Cinven)
Datatrak International, Inc.
CRF Health
ERT Clinical
Merge Healthcare Incorporated
Omnicomm Systems, Inc.
Maxisit Inc.
Bio-Optronics, Inc.
EClinical Solutions, LLC.

The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End User:
Pharmaceutical and Biopharmaceutical Companies
Contract Research Organizations
Consulting Service Companies
Medical Device Manufacturers
Hospitals
Academic Research Institutes

By Product:

Electronic Data Capture and Clinical Data Management Systems
Clinical Trial Management Systems
Randomization and Trial Supply Management
Clinical Data Integration Platforms
Electronic Clinical Outcome Assessment Solutions
Safety Solutions
Electronic Trial Master File Systems
Regulatory Information Management Solutions

Furthermore, years considered for the study are as follows:

The electronic data capture (EDC) and clinical data management system (CDMS) segment accounted for the largest share of the global eClinical Solutions market in 2016. The electronic clinical outcome assessment segment is expected to achieve the highest CAGR during the forecast period. The increasing demand for e Diaries in clinical studies to collect patient self-reports by major pharmaceutical companies and the use of mobile and digital technologies are driving the growth of this market segment. Emerging markets including China, South Korea, Taiwan, and India are attractive destinations for outsourcing clinical trials due to the presence of a large patient population and the low operating cost of conducting clinical trials in these countries.

By Delivery Mode:
Web-Hosted (On-Demand) Solutions
Licensed Enterprise (On-Premise) Solutions
Cloud-Based (SaaS) Solutions

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Target Audience of the Global eClinical Solutions Market In Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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