Global eClinical Solutions market analysis mainly introduces the changing market dynamics in terms of covering all details inside analysis and opinion, volume and value market share by players, by regions, by product type, by consumers and their price change details, cost/revenue structure. Additionally, the analysis of Global eClinical Solutions added a detailed breakdown of key market growth drivers and limitation along with impact analysis of the same.
Increasing operational costs and regulatory requirements associated with clinical research studies, government grants to support clinical trials, and increasing R&D expenditure by pharma-biotech companies with augmented IT budgets for drug development are some of the major driving factors for the global eClinical solutions market. However, the low adoption rate in certain geographies due to a lack of awareness related to the benefits of eClinical solutions is the major factor restraining the growth of this market.
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Global eClinical Solutions Market to reach USD 11.9 billion by 2025.
Global eClinical Solutions Market valued approximately USD 3.7 billion in 2016 is anticipated to grow with a healthy growth rate of more than 13.9 % over the forecast
The electronic data capture (EDC) and clinical data management system (CDMS) segment accounted for the largest share of the global eClinical solutions market in 2016. The electronic clinical outcome assessment segment is expected to achieve the highest CAGR during the forecast period. The increasing demand for e Diaries in clinical studies to collect patient self-reports by major pharmaceutical companies and the use of mobile and digital technologies are driving the growth of this market segment. Emerging markets including China, South Korea, Taiwan, and India are attractive destinations for outsourcing clinical trials due to the presence of a large patient population and the low operating cost of conducting clinical trials in these countries.
The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
? Electronic Data Capture and Clinical Data Management Systems
? Clinical Trial Management Systems
? Randomization and Trial Supply Management
? Clinical Data Integration Platforms
? Electronic Clinical Outcome Assessment Solutions
? Safety Solutions
? Electronic Trial Master File Systems
? Regulatory Information Management Solutions
By Delivery Mode:
? Web-Hosted (On-Demand) Solutions
? Licensed Enterprise (On-Premise) Solutions
? Cloud-Based (SaaS) Solutions
By Clinical Trial Phase:
? Phase I Clinical Trials
? Phase II Clinical Trials
? Phase III Clinical Trials
? Phase IV Clinical Trials
By End User:
? Pharmaceutical and Biopharmaceutical Companies
? Contract Research Organizations
? Consulting Service Companies
? Medical Device Manufacturers
? Academic Research Institutes
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Summary of the regional outlook documented in this report:
- Consumption pattern and consumption rate with respected to each region.
- Predicted consumption rates over the forecast period.
- Market forecasts of key regions are detailed in the report.
- Consumption market share solely based on the regional contribution.
- Market share held by the listed geographies.
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