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Life Sciences Electronic Batch Records Market: Quantitative Market Analysis, Current and Future Trends

03-07-2018 10:36 AM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Life Sciences Electronic Batch Records Market: Quantitative

The Pharmaceutical industry is usually at the forefront of adopting new technologies to enable major transformations in R&D. When it comes to manufacturing, inventory or supply chain management, they are still stuck in the past though relying mostly on pen and paper. While regulatory and compliance requirements initially drove those companies to use paperwork, the many advancements in the field of Information Technology are too compelling to simply ignore. Unfortunately, there is a human tendency to resist change and once a tried and tested way of working is in place, it is very difficult to initiate any kind of change. There directly leads to companies being so consumed in bureaucracy and managing paperwork that they scarcely have time to see how inefficient their operations truly are.

Modern day pharmaceutical companies have begun to improve their productivity with the help of the Life Sciences Electronic Batch Records Market. Since the passing of 21 CFR part 11 in the year 1997, the U.S FDA accepts Electronic Batch Records. That is why more and more companies have begun to look very closely at the Life Sciences Electronic Batch Records Market. Adopting EBR helps pharmaceutical companies to eliminate paperwork, distribute information quicker and enable strategic planning which thereby improves overall product quality and process efficiency.

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While the switch to an EBR system has numerous organizational benefits, there are still some challenges that must be overcome for its smooth implementation.

The Life Sciences Electronic Batch Records Market Key Market Players are Rockwell Automation, Accelyrs, Siemens, ABB, Emerson Electric Co, Honeywell international and Schneider Electric SE.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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.

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