Edison, NJ -- (SBWIRE) -- 02/09/2019 -- HTF Market Intelligence released a new research report of 80 pages on title 'Global eClinical Solutions Market Size Study by Product, by Delivery Mode (Web-Hosted Solutions, Licensed Enterprise Solutions & Cloud-Based Solutions), by Clinical Trial Phase, by End User & by Region - Global Forecast 2018- 2025' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World and important players such as Oracle Corporation, Medidata Solutions, Inc, Parexel International Corporation, Bioclinica, Inc, Datatrak Internatiional, Inc, CRF Health, ERT Clinical, Merge Healthcare Incorporated, Omnicomm Systems, Inc, Maxisit.
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Summary
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
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.
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:
By Product:
§ 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
§ Hospitals
§ Academic Research Institutes
By Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are- Oracle Corporation, Medidata Solutions, Inc, Parexel International Corporation, Bioclinica, Inc, Datatrak Internatiional, Inc, CRF Health, ERT Clinical, Merge Healthcare Incorporated, Omnicomm Systems, Inc & Maxisit. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global eClinical Solutions Market In Market Study:
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors
Companies Mentioned in the Report
Oracle Corporation
Medidata Solutions, Inc
Parexel International Corporation
Bioclinica, Inc
Datatrak Internatiional, Inc
CRF Health
ERT Clinical
Merge Healthcare Incorporated
Omnicomm Systems, Inc
Maxisit
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TABLE OF CONTENTS
Chapter 1. Global eClinical Solutions Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global eClinical Solutions Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter's 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
....Continued
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