The Global E-Clinical Solutions Market is valued at USD 4.7 billion in 2016 and is expected to reach a value of USD 9.21 billion by the end of 2022, growing at a projected CAGR of 11.9% during the forecast period of 2017 – 2022. eClinical solutions provides standardized and aggregated data collected for analysis from individual patient level to various cross trail views. Clinical research data acquisition and analytics has been made easier using eClinical solutions. Real-time reporting & data review, device tracking, drug tracking, configurable report building, real-time notifications, integrated eCRF note changing, SAE tracking and etc. are a few key features of eClinical solutions.
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The enormous data mounted from the rapidly increased research activities in healthcare industry along with the integration of computers drives the global market of eClinical solution software. Due to presence of large pool of patient population in countries like India, China, Taiwan and etc. are hosting many clinical trials, government emphasis and raised spending on clinical research and trials in least possible time fuels the need of the eClinical solutions. However lack of awareness and infrastructure in developing countries and very high implementation costs may probably hinder the growth of the eClinical solutions market.
Increased eClinical solutions acceptance rate among pharmaceutical and healthcare sectors provide plethora of opportunities. Rising number of clinical trials and their outsourcing to clinical research organizations leads to the development of much more sophisticated cost and performance effective modules than the available ones. The alliances, collaborations and acquisitions for the development of clinical research offers a great platform for growth in eClinical solutions market.
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Study on eClinical solutions market can be segmented by the following criteria: Type of product (Clinical Data Management Systems, Randomization and Trial Supply management, Electronic Data Capture, electronic clinical outcome assessments, Electronic Patient-Reported Outcomes, Clinical Analytics Platform, Clinical Data Integration Platforms, Clinical Trial Management Systems and Others (Medical Imaging, Regulatory Information Management and IDMP solutions, clinical trial supplies and logistics, Regulatory Outsourcing and etc.)), Mode of solution deployment (web based hosted eClinical solutions, Cloud based eClinical solutions and Licensed Enterprise eClinical solutions), End User (biotechnology, health care providers, pharmaceutical, clinical research organizations and others) and geography (North America, Europe, Asia-Pacific, MEA).
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The geographical study of the eClinical solutions suggests that the North America market is going to dominate the global eClinical solutions market and Asia-Pacific market is going to register a good growth rate in the forecast time frame. The research study enlists few major market players such as Oracle Corporation, BioClinicia, PAREXEL International Corporation, OmniComm Systems, ERT, Datatrak International Inc., PHT Corporation, eClinical Solutions, Inc., Medidata Solutions, Inc and etc.
Key deliverables of the study
- Market definition of eClinical Solutions in the global market along with market drivers and restraints.
- Market segmentation and the corresponding market share analysis.
- Global and region specific competitive market analysis of eClinical Solutions.
- Analysis on the key factors which influence the market scenarios along with the growth opportunities.
- Identifying the market leaders and analyzing their strategic moves and their market share.
- Covers the market landscape with the geographical foot print, key growth strategies and competitive market share analysis.
- This report provide in-depth analysis for the Porter’s five forces of the market. All these five major factors in the market have been quantified using the internal key parameters governing each of them.
Table of Content:
1.1 Study Deliverables
1.2 Market Definition
1.3 Study Assumptions
- Research Methodology
- Executive Summary
- Market Dynamics & Trends
4.1 Market Overview
4.2 Market Drivers
4.2.1 Enormous data mounting from healthcare industry
4.2.2 Rising number of clinical trials
4.2.3 Governments emphasis on clinical research
4.3 Market Restraints
4.3.1 Lack of awareness and infrastructure in developing countries
4.3.2 Very high implementation costs
- Technology Overview
5.1 Technology Snapshot
5.2 Recent Developments
- eClinical Solutions – Market segmentation by Type of product
6.1 Clinical Data Management Systems (CDMS)
6.2 Clinical Trial Management Systems (CTMS)
6.3 Randomization and Trial Supply management
6.4 Electronic Data Capture (EDC)
6.5 Electronic clinical outcome assessments (eCOA)
6.6 Electronic Patient-Reported Outcomes (ePRO)
6.7 Clinical Analytics Platform
6.8 Clinical Data Integration Platforms
- eClinical Solutions – Market segmentation by Mode of solution deployment
7.1 Web based hosted eClinical solutions
7.2 Cloud based eClinical solutions
7.3 Licensed Enterprise eClinical solutions
- eClinical Solutions – Market segmentation by End User
8.2 Medical device manufacturers
8.3 Health Care providers
8.5 Clinical Research Organizations
- eClinical Solutions – Market segmentation by Geography
9.1 North America
9.4 Middle East
9.5 Rest of the World
- Key Vendor Profiles
10.1 Oracle Corporation
10.3 PAREXEL International Corporation
10.4 OmniComm Systems
10.6 Datatrak International Inc.
10.7 PHT Corporation
10.8 eClinical Solutions, Inc.
10.9 Medidata Solutions, Inc
10.10 Merge Healthcare Incorporated
10.11 CRF Health
- Vendor market share
- Investor Outlook
12.1 Investment Scenario
12.2 Recent Mergers & Acquisitions
- Future of eClinical Solutions
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