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Know Key Area of ePRO, ePatient Diaries, and eCOA Market with Major Key Players Bracket Global LLC (Signant Health), CRF Health, Inc., ERT Clinical, Medidata Solutions, Inc

10-13-2021 08:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

ePRO, ePatient Diaries, and eCOA Market

ePRO, ePatient Diaries, and eCOA Market

According to the latest study on “ePRO, ePatient Diaries, and eCOA Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type of Solution, Modality, and End User,” the market was valued at US$ 1,342.92 million in 2020 and it is projected to reach US$ 4,130.35 million by 2028; it is expected to grow at a CAGR of 15.1% during 2021–2028. The report highlights trends prevailing in the market and the factors driving and restraining the market growth.

Increasing demand for electronic health records (EHRs) and rising use of smartphones are fueling the market growth. However, concerns regarding data privacy is hindering the growth of the ePRO, epatient diaries, and eCOA market.

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eCOA/ePRO platform has substantial benefits for sponsors and CROs, as it reduces administrative burden, mitigates cost, and fastens trials. Such system shows strong results with fewer errors and discrepancies, improved data quality, clearer signals, and standardized accurate studies. The factors such as the increasing adoption of EHR and government regulations mandating the maintenance of health records drive the growth of the ePRO, epatient diaries, and eCOA market.

Based on modality, the ePRO, epatient diaries, and eCOA market is bifurcated into computer and mobile devices. The mobile devices segment held a larger share of the market in 2020. Also, the same segment is estimated to register a higher CAGR in the market during the forecast period.

Bracket Global LLC (Signant Health), CRF Health, Inc., ERT Clinical, Medidata Solutions, Inc., ArisGlobal LLC, Health Diary, Pte., Ltd., ICON Plc, PAREXEL International Corporation , OmniComm Systems, Inc., Kayentis, and eClinical Solutions LLC. are among the major companies operating in the global ePRO, epatient diaries, and eCOA market.

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The report segments global ePRO, epatient diaries, and eCOA market as follows:

By Type of Solution:

eClinical Outcome Assessments
ePatient Reported Outcomes
Clinician Reported Outcomes
Observer Reported Outcomes
Performance Outcomes
ePatient Diaries

By Modality:

Computer
Mobile Devices

By End User:

Clinical Trial Sponsors
Contract Research Organizations
Hospitals
Academic Institutes
Pharmaceutical Companies
Others

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