According to the latest report by IMARC Group, titled “eClinical Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global eClinical solutions market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 12% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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E-clinical solutions are electronic software, which are deployed in the biotechnology and pharmaceutical industries for effectively managing clinical traits and research activities. They are further utilized for maintaining, recording, and tracking data to reduce paper and manual work. The e-clinical solutions consist of various technologies, such as clinical data management system (CDMS), randomization and trial supply management (RTSM) and clinical trial management systems (CTMS). These solutions are widely applied across various healthcare institutions, including clinics, diagnostic centers, and hospitals.
The expanding demand for outsourcing clinical trials across contact research organizations (CROs) and accelerating technological advancements are primarily driving the global e-clinical market. Additionally, numerous initiatives undertaken by governments of different nations for regulating clinical trial structures to meet desirable safety standards are propelling the market the growth. Furthermore, continuous investments in the research and development (R&D) of novel drugs for treating various chronic diseases are creating a positive outlook in the market across the globe.
eClinical Solutions Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global eClinical solutions market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Anju Software Inc.
- Bioclinica (Merged with ERT Clinical)
- Bio-Optronics Inc. (Advarra Inc.)
- DATATRAK International Inc.
- eClinical Solutions LLC
- International Business Machines Corporation
- Medidata Solutions (Dassault Systèmes)
- Oracle Corporation
- PAREXEL International Corporation
- Signant Health
Key Market Segmentation:
The report has segmented the global eClinical solutions market on the basis of product, delivery mode, development phase, end use and region.
Breakup by Product:
- EDC and CDMS
- Clinical Data Integration Platforms
- Safety Solutions
- Clinical Analytics Platforms
Breakup by Delivery Mode:
- Web-hosted (On-demand)
- Licensed Enterprise (On-premises)
Breakup by Development Phase:
- Phase I
- Phase II
- Phase III
- Phase IV
Breakup by End Use:
- Contract Research Organization
- Academic Institutes
- Pharma and Biotech Organizations
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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