Report Highlights
The global E-Clinical Solutions market was valued at USD 3.77 billion in 2016 and is projected to reach USD 10.77 billionby 2025, growing at a CAGR of 12.37% from 2017 to 2025.
The market is expected to grow due to high usage of E-Health solutions by leading players and implementation of analytic software in healthcare industry.
Market Dynamics:
1. Market Drivers
1.1 Increasing Operational Costs
1.2 Growing Adoption of Novel Software Solutions
1.3 Rising Government Funding
1.4 Increasing geriatric population
1.5 Growing Adoption of Eclinical Solutions for Improved Data Standardization
1.6 Increasing R&D Expenditure
1.7 Growing Customer Base
2. Market Restraints
2.1 High Implementation Costs
2.2 Dearth of Skilled Professionals
2.3 Lack of awareness amongst potential users
Market Segmentation:
1. By End User:
1.1 Pharmaceutical and Biopharmaceutical Companies
1.2 Contract Research Organizations
1.3 Consulting Service Companies
1.4 Medical Device Manufacturers
1.5 Hospitals
1.6 Academic Research Institutes
2. By Clinical Trial Phase:
2.1 Phase I Clinical Trials
2.2 Phase II Clinical Trials
2.3 Phase III Clinical Trials
2.4 Phase IV Clinical Trials
3. By Delivery Mode:
3.1 Web-Hosted (On-Demand) Solutions
3.2 Licensed Enterprise (On-Premise) Solutions
3.3 Cloud-Based (SaaS) Solutions
4. By Product:
4.1 Electronic Data Capture and Clinical Data Management Systems
4.2 Clinical Trial Management Systems
4.3 Clinical Analytics Platforms
4.4 Randomization and Trial Supply Management
4.5 Clinical Data Integration Platforms
4.6 Electronic Clinical Outcome Assessment Solutions
4.7 Safety Solutions
4.8 Electronic Trial Master File Systems
4.9 Regulatory Information Management Solutions
4.10 Other Eclinical Solutions
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Oracle Corporation
2. Medidata Solutions, Inc.
3. Parexel International Corporation
4. Bioclinica, Inc. (A Subsidiary of Cinven)
5. Datatrak International, Inc.
6. CRF Health
7. ERT Clinical
8. Merge Healthcare Incorporated
9. Omnicomm Systems, Inc.
10. Maxisit Inc.
11. Bio-Optronics, Inc.
12. Eclinical Solutions, LLC.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the E-Clinical Solutionsmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More