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ECOA, ESource And Clinical Trials Market Analysis, Size, Share, Top Players And Industry Forecast 2023-2032
ECOA, ESource And Clinical Trials Market Report
The Business Research Company's ECOA, ESource And Clinical Trials Global Market Report 2023 identifies the growing demand for more clinical trials as the major driver for the eCOA, eSource and clinical trials market's growth in the forecast period. Clinical trials refer to research studies conducted to evaluate the safety, efficacy, and effectiveness of new medical interventions or treatment approaches. The use of eSource and eCOA solutions helps pharmaceutical companies speed up trials and conduct more trials in less time. eCOA solutions replace traditional paper-based, patient-reported outcomes by using innovative technologies to collect clinical outcome data.
The global eCOA, eSource and clinical trials market is expected to grow from $40.98 billion in 2022 to $44.85 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The eCOA, eSource, and clinical trials market is expected to reach $61.90 billion in 2027 at a CAGR of 8.4%.
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Major competitors in the eCOA, eSource and clinical trials market The International Business Machines Corporation, Oracle Corporation, Novo Nordisk A/S, Laboratory Corporation of America Holdings, IQVIA Inc.,
A key trend in the eCOA, eSource and clinical trials market includes technological advancements. Major companies operating in the eCOA, eSource, and clinical trials markets are focused on introducing innovative technologies to sustain their position in the market. For instance, in May 2022, Clinical Research IO, a US-based eSource solutions developer, launched CRIO Reviewer, an industry-first solution designed to create a fully integrated eSource or EDC (electronic data capture) system. This solution helps users review and code the data that is collected by the CRIO eSource application. It leverages CRIO's web-based resource technology to optimize site workflows in clinical data management. It is a user-friendly web-based technology that was the first commercial system to be designed for site processes, making it easier for sites to embrace real-time electronic data gathering.
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The eCOA, eSource and clinical trials market is segmented -
•By Solution Type: eCOA (Electronic Clinical Outcome Assessment), eSource, Clinical Trial Solutions, Electronic Data Capture (EDC)
•By Deployment: Licensed Enterprise (On-premise), Cloud-Based (SaaS)
•By End User: Hospital, Healthcare Providers, CROs, Pharmaceutical Industry, Biotechnology Industry, Medical Device Industry, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the eCOA, eSource and clinical trials market.
The Business Research Company's "Global ECOA, ESource And Clinical Trials Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The ECOA, ESource And Clinical Trials Market Include:
1. Executive Summary
2. eCOA, eSource And Clinical Trials Market Characteristics
3. eCOA, eSource And Clinical Trials Market Trends And Strategies
4. eCOA, eSource And Clinical Trials Market - Macro Economic Scenario
5. Global eCOA, eSource And Clinical Trials Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global eCOA, eSource And Clinical Trials Market Competitive Benchmarking
33. Global eCOA, eSource And Clinical Trials Market Competitive Dashboard
34. Key Mergers And Acquisitions In The eCOA, eSource And Clinical Trials Market
35. eCOA, eSource And Clinical Trials Market Future Outlook and Potential Analysis
36. Appendix
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