eClinical solutions market is expected to reach USD 10.5 billion by 2024,
according to a new report published by Grand View Research Inc. The eClinical
solutions market is anticipated to witness a lucrative growth during the period
2016 to 2024. The factors attributing towards the growth of the market are
increase in the research and development activities by numerous biopharma and
pharma companies, increasing application of software solutions in clinical
trials, upsurge in the government funding to promote clinical research
programs, rise in the number of Contract Research Organizations (CROs) and life
sciences organizations, and increasing customer base.
Additionally, factors such as increasing outsourcing of
clinical trials to CROs, escalating clinical research programs in Asian
countries, as well as, the development of cost-effective modules are expected to
be opportunistic for the industry growth. However, the shortage of skilled
labor force, high implementation costs of the eClinical solutions and the lack
of awareness of clinical data sciences software in the research community are
likely to hinder the growth of the market in the near future.
The eClinical solutions market is segmented on the
basis of product, delivery mode, clinical trial phase, end-user, and region.
Based on the product, the industry is categorized into clinical analytics
platforms, electronic Clinical Outcome Assessment (eCOA), Electronic Data
Capture (EDC) and Clinical Data Management Systems (CDMS), clinical data
integration platforms, safety solutions, Clinical Trial Management Systems
(CTMS), Randomization and Trial Supply Management (RTSM), and electronic Trial
Master File (eTMF).
The other segments of the market include delivery mode
(web-hosted, licensed enterprise, and cloud-based), clinical trial phases
(phase I, phase II, phase III, and phase IV), and end-user application (consulting
service companies, medical device manufacturers, hospitals, contract research
organizations, pharmaceutical, and biopharmaceutical companies). On the basis
of regions, the market is categorized into North America, Europe, Asia-Pacific,
Latin America, and the Middle East and Africa).
Browse
full report by Grand View Research :
Further key findings from the study
suggest:
·
In 2016, North America is estimated to lead
the market with the largest share in the eClinical solutions industry. The
rising number of ongoing clinical trials, high demand for technologically
advanced products, and increasing financial support from the government is
anticipated to boost the industry growth.
·
The eCOA segment is anticipated to witness
the highest growth rate during the forecast period, whereas the EDC and CDMS
segment is estimated to lead the market in the year 2016. Factors attributing
to the growth of the industry are the increasing application of mobile and
digital technologies, as well as, an upsurge in the demand for eDiaries in
clinical trials for the collection of patient’s self-reports by pharmaceutical
companies.
·
The eClinical solutions industry comprises
several local as well as global players. Some of the major players in this
industry include Oracle Corporation, Medidata Solutions Inc., Parexel
International, Inc., and Datatrak, among others.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/healthcare-it
Grand View Research has
segmented the global eClinical solutions market on the basis of end-user
application and region:
eClinical
Solutions Product Outlook (Revenue, USD Million, 2013 - 2024)
·
Electronic Data Capture (EDC) and Clinical
Data Management Systems (CDMS)
·
Clinical Trial Management Systems (CTMS)
·
Clinical Analytics Platforms
·
Randomization and Trial Supply Management
(RTSM)
·
Clinical Data Integration Platforms
·
Electronic Clinical Outcome Assessment
(eCOA)
·
Safety Solutions
·
Electronic Trial Master File (eTMF)
eClinical
Solutions Delivery Mode Outlook (Revenue, USD Million, 2013 - 2024)
·
Web-hosted (On-demand)
·
Licensed Enterprise (On-premise)
·
Cloud-based
eClinical
Solutions Delivery Mode Outlook (Revenue, USD Million, 2013 - 2024)
·
Consulting Service Companies
·
Medical Device Manufactures
·
Hospitals
·
CROs
·
Pharmaceutical Biopharmaceutical
Companies
eClinical
Solutions Clinical Trial Outlook (Revenue, USD Million, 2013 - 2024)
·
Phase I
·
Phase II
·
Phase III
·
Phase IV
eClinical
Solutions Regional Outlook (Revenue, USD Million, 2013 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-eclinical-solutions-market
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com
No comments:
Post a Comment