openPR Logo
Press release

E-Clinical Solution Software is Expected to Surpass US$ 6,515.3 million in 2020

02-16-2018 12:17 PM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
E-Clinical Solution Software is Expected to Surpass US$ 6,515.3

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.

Request to Sample of Report @ https://www.persistencemarketresearch.com/samples/2884

In North America, the average cost of research and development for a successful pharmaceutical drug continues to increase from pre-clinical stage i.e. initial development stage of drug till FDA approval i.e. launch of the drug in the market. According to Oracle Corporation – an e-clinical software company – the share of global clinical trials conducted in North America has reduced from 30% in 2006 to 19% in 2010. This was due to complex regulatory and legal frameworks in North America, which led to shifting of the clinical trials market to developing countries such as India and China. This may lead to sluggish growth of clinical trials in the region.

Countries in Central and Eastern Europe provide abundant opportunities to life science companies for clinical development. According to Oracle Corporation – the percentage of clinical trials conducted in Western Europe has decreased from 25% to 19% and in Eastern Europe; the percentage has increased from 10% to 13% during 2006-2010.

Request Report For TOC @ https://www.persistencemarketresearch.com/market-research/e-clinical-solution-market/toc

However, Asia has become one of the fastest-growing markets for pharmaceutical products. Improved industry regulatory laws and patent expiration laws in various countries such as Japan, China, and India, have led to the expansion of the clinical trials market in Asia. Cost of conducting clinical trials in Asia is lower compared to that in Europe and the U.S.

Oracle Corporation, Medidata Solutions, PAREXEL International Corporation, BioClinica, and OmniComm Systems are some of the major players of e-clinical solution software market.

Report Overview @ https://www.persistencemarketresearch.com/market-research/e-clinical-solution-market.asp

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR 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.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact

Persistence Market Research Pvt. Ltd

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

media@persistencemarketresearch.com

Web:www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release E-Clinical Solution Software is Expected to Surpass US$ 6,515.3 million in 2020 here

News-ID: 946374 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Solution

CompanyTRAK Launches Enterprise Solution, a Contact Tracing, Social Distancing S …
Sqwirrel LLC, a Michigan company, has developed patent-pending technology utilizing a combination of enterprise mobile apps, with Bluetooth tags and scanners to bring employees back to their workplace called "CompanyTRAK". The contact tracing technology and social distancing solution provides a safe way to get employees back to work, keep them mindful of social distancing and alert them to possible risks of exposure from symptomatic, positive tested and exposed employees. CompanyTRAK
Robotic Process Automation (RPA) Market Insights, Forecast to 2025: By Types - A …
Marketresearchreports.biz Announced New Study on Report "Global Robotic Process Automation (RPA) Market Insights, Forecast to 2025." This report presents the worldwide Robotic Process Automation (RPA) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors
Symphony Solution Proudly Launches PurelyTracking – a Complete Workforce Manag …
On demand, Time and Attendance tracking application based on real-time data, accessible anytime and anywhere with cloud-based, SaaS solution with an integrated payroll and leave management features. Scotch Plains, NJ, February 26, 2018 - With effect from today, Symphony Solution is proud to launch PurelyTracking, a SaaS-based on-demand application: workforce management solution. PurelyTracking offers advanced solutions for Time and Attendance, Scheduling, Leave Management, Work Accountability, Client Project Management and Data Collection
Alternative Payment Solution Skrill Market and Alternative Payment Solution Mast …
Alternative Payment Solution: Skrill and Masterpass Market the Report include basic information like information, scope, facts and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on. Skrill is a global payments solution provider headquartered in London. It was founded in 2001 as Moneybookers, and renamed as Skrill in 2010. It allows users to store payment details in the Skrill digital wallet, which they can
Euroweb swaps existing Class 4 solution for TELES softswitch solution
Euroweb, one of Romania's leading service providers, has decided to ditch its legacy multi-vendor solution and replace it with a unified wholesale solution based on the C4 Softswitch from the Berlin based Next Generation Networks and Access Gateway vendor TELES. Identifying TELES as a vendor for the required solution, Euroweb Romania selected TELES C4 softswitch in addition to the TELES Captura WTP (Wholesale Trading Platform), which makes life easier for operators
FORMALDEHYDE SOLUTION DISCOVERED
TOLEDO, Ohio – May 20 – Chempace Corporation has found a solution for the FORMALDEHYDE pollution. Odor Absorb Supreme provides a low cost answer for the removal of existing dangerous formaldehyde gas. Tested and confirmed by an independent laboratory, Odor Absorb Supreme was proven to reduce the formaldehyde gas by 23% after just 24 hours. What this means to OEM is as follows: 1. The average level of formaldehyde found in