Press release
E-Clinical Solution Software Market | Key Opportunities, Trends And Forecast 2020
The research report analyzes the worldwide E-clinical solution software market on the basis of product, mode of delivery, and end-use industry. By product type, the global market for E-clinical solution software is classified into the solutions markets for clinical trial management, clinical data management, electronic clinical outcome assessment, trial supply management, and safety solutions.
Based on the mode of delivery, it is categorized into the markets for web-based solution software, cloud-based solution software, and licensed enterprise solution software. The web-based e-clinical software solution market has been reporting the highest growth, whereas the cloud-based e-clinical solution software market is likely to report the fastest development among all the segments based on mode of delivery. The web-based e-clinical solution software market stood at US$2.1 bn in 2014. Analysts project it to reach a value of US$4.8 bn by the end of 2020, expanding at an estimated CAGR of 14.20% between 2014 and 2020.
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The pharmaceutical industry, the healthcare sector, and chemical research organizations (CROs) are the key end users of E-clinical solution software across the globe. The pharmaceutical industry is reporting the highest demand for E-clinical solution software, owing to which this segment is likely to be the leading end user over the forecast period. On the other hand, the CROs segment is projected to post the fastest growth among all the end users in the coming years, says the report.
As per the report, the global market for E-clinical solution software is divided into North America, Asia Pacific, Europe, and the Rest of the World. Among these, North America has emerged as the leading market for E-clinical solution software in the global arena. The North America E-clinical solution software market stood at US$1.7 bn in 2014. Analysts expect it to expand at a CAGR of 12.60% between 2014 and 2020 and reach a value of US$3.6 bn by the end of the forecast period. The Asia Pacific market for E-clinical solution software, however, is reported to witness the fastest growth over the forthcoming years, notes the study.
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The research report also presents the competitive landscape prevalent in the global E-clinical software market by analyzing the company profile of key market players. Oracle Corp., Medidata Solutions Inc., Merge Healthcare Inc., PAREXEL International Corp., ERT, BioClinica, OmniComm Systems Inc., DATATRAK International Inc., PHT Corp., and CRF Health Inc. are the major E-clinical solution software providers in the global arena, states the market study.
E-Clinical Solution Software Market Report is available @ US$ 5795
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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