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Global E-Clinical Solution Software Market 2022: Blooming Clinical Trial Industry in China and India boosting the Overall Market Growth in Asia

12-13-2022 06:38 AM CET | Health & Medicine

Press release from: Persistence Market Research

The e-clinical solution software market is expected to witness significant growth in 2022 due to the increasing demand for efficient and cost-effective clinical trials, the availability of a range of e-clinical solutions, and the growing focus on the development of advanced clinical trial management systems. E-clinical solution software is a type of software that is used to manage clinical trials, such as data management, electronic data capture, and clinical data analytics. The growing demand for e-clinical solutions due to their efficiency and cost-effectiveness, the increasing adoption of electronic data capture and clinical data analytics, and the growing focus on the development of advanced clinical trial management systems are expected to drive the growth of the market. In addition, the increasing regulatory pressure to improve the quality and speed of clinical trials and the growing demand for real-time data analytics are also contributing to the growth of the market.

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According to a new market report published by Persistence Market Research "Global Market Study on E-Clinical Solution Software: Asia to Witness Highest Growth by 2020", the global e-clinical solution software market was valued at US$ 3,005 Mn in 2014 and is expected to expand at a CAGR of 13.8% from 2014 to 2020, to reach US$ 6,515.3 Mn by 2020.

The global e-clinical solution software market is witnessing significant growth due to increasing clinical trials and R&D investments in pharmaceuticals and life science sectors. Increasing prevalence of diseases across the world is leading to rise in number of clinical trials. Various lifestyle-associated diseases and genetic disorders in the Middle East and North Africa have also led to increase in clinical trials in the respective regions. In addition, the pharmaceutical industry is facing immense pressure to reduce the time consumed to conduct clinical trials and increase effect of drugs. Presence of various end users such as pharmaceuticals, clinical research organizations (CROs), and healthcare providers has increased the demand for e-clinical solution software. The global e-clinical solution software market was valued at US$ 3,005 Mn in 2014 and is expected to expand at a CAGR of 13.8% from 2014 to 2020 to reach US$ 6,515.3 Mn by 2020.

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The e-clinical solution software market is segmented as follows:

By product

Clinical Data Management
Clinical Trial Management System
Electronic Clinical Outcome Assessment Solution
Randomization and Trial Supply Management
Safety Solution

By mode of delivery

Web based e-clinical solution software
Licensed Enterprise e-clinical solution software
Cloud based e-clinical solution software

By end user

Pharmaceutical
Clinical Research Organizations
Healthcare Providers

By geography

North America
S
Europe
Germany
France
K.
Italy
Spain
Poland
Russia
Asia
China
South Korea
Taiwan
India
Rest of the World (Row)

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Key Questions Answered in This Report.

What are the Roadblocks for E-Clinical Solution Software Market Suppliers?
What are the Key Opportunities for E-Clinical Solution Software Market Manufacturers?
How is Focus on Safety Influencing E-Clinical Solution Software Market Demand?
What is the Regulatory Impact on Global Sales of E-Clinical Solution Software Market?
Which Region Offers the Largest Opportunity for Sales of E-Clinical Solution Software Market?
Where Does the U.S. Stand in the Market for E-Clinical Solution Software Market?
What Is the Outlook for E-Clinical Solution Software Market Manufacturers in China?
Why is Germany a Lucrative Market for E-Clinical Solution Software Market Manufacturers?
Why Will Belgium Outpace Other European Markets for E-Clinical Solution Software Market?
Why is There High Demand for Tires in E-Clinical Solution Software Market?
Why are Sales of E-Clinical Solution Software Market Surging?

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Persistence Market Research
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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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