New York, NY -- (SBWIRE) -- 03/15/2019 -- The Study On Major Key Players in the eClinical Solutions Market are Oracle Corporation, EClinical Solutions, LLC, Parexel International Corporation, Bioclinica, Inc., Datatrak International Inc., ERT Clinical, Medidata solutions, Merger Healthcare Incorporated, Omnicomm Systems, Inc. and NextGen Healthcare.

eClinical Solution Market – Overview

eClinical solution is a combination of clinical technology and expertise which helps expedite the process of clinical development.

Clinical trials are increasingly growing complex, and there has been a massive increase in the amount of clinical data generated which calls for proper management. eClinical solutions are gaining momentum among pharmaceutical and biotechnology companies are progressively leveraging eClinical solutions to manage the huge volume of data.

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The risks and costs associated with clinical trials continue to surge which puts enormous pressure on enterprises to optimize ROI in new drug development. eClinical solutions assist in automating and streamlining processes and thereby minimizes drug development costs.

Clinical research organizations (CRO) pharmaceutical companies are the primary end users for eClinical solutions and growth in the number of CROs is stimulating the growth of the global eClinical solutions market.

eClinical Solution Industry Related News:

Aleading provider of software as a service solution for clinical trials, announced a partnership with Hengrui Pharma, one of China's largest biotech companies, to deliver innovative therapies and accelerate global drug research. Hengrui has adopted the Medidata cloud platform clinical trial management system which would support Hengrui to expand its drug therapies to patients around the world.

A provider of cloud-based solutions for the global life sciences industry, announced the launch of an advanced cloud-based clinical data management application to streamline and accelerate clinical study execution. The application can single-handedly manage all trial data and also includes Vault CTMS, Vault eTMF, and Vault Study Startup which helps unify all operations.

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A leading cloud-based eClinical technology company launched its latest eClinical solution – iMedNet, a proven SaaS (Software-as-a-Service) clinical research technology platform that delivers an entire suite of eClinical tools to support clinical trial thoroughly (from start to finish).

Technology giant launched its new Cloud-Based eClinical Solution – Clinical One Platform. The solution allows unified clinical development operations and information in a single environment with shared functions along with an easy-to-use interface for sites, clinical coordinators, and their counterparts.

Segmentation

The Global eclinical Solution Market has been segmented based product, delivery mode, and end-users.

Product-wise segmentation of the global eClinical solution market includes clinical data management systems (CDMS), randomization & trial supply management systems (RTMS), clinical analytics platform, electronic clinical outcome assessment (ECOA), clinical trial management systems (CTMS), clinical data integration platforms, safety solutions and electronic trial master files (ETMF), and electronic data capture (EDC).

By delivery mode, the global eClinical solution market has been segmented into web-hosted (on demand), licensed enterprise (on-premise) and cloud-based (SaaS).

By end users, the global eClinical solution market has been segmented into academic research organizations, consulting service companies, medical device manufacturers, hospitals, contract research organizations, and pharmaceutical companies.

Competitive Analysis of Global eClinical Solution Market

The Global E-Clinical Solution Market appears to be highly competitive and diversified with the presence of giant manufacturers of the device, playing on the global level. These players are heavily investing in R&D, global expansion, advanced technologies and product Launch to gain the competitive edge in the market.

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