The global eclinical solutions market is expected to grow at a modest CAGR during 2018-2023. For faster and better execution of live data from clinical trials, web-based tools are employed which is an electronic application termed as eclinical solutions. E-clinical solutions are used in maintenance of healthcare data. Apart from that, they also improve communication within departments such as clinical investigators and site coordinators of medical affairs. The use of eclinical solutions has simplified the integrated eCRF (electronic case report form), real-time notifications, real-time reporting, acquisition of analytics and clinical research data, and device & drug tracking.
The global eclinical solutions market is growing at a very fast pace owing to the rising acceptance of software solutions during clinical trials, the increasing operational costs & regulatory requirements related to clinical research studies, the surge in R&D expenditure in pharmaceutical companies and so on. Though, high operational costs associated with e-clinical solutions and the lack of skilled research professionals mainly in the Asia-Pacific region are acting as a limitation agent in the growth of global eclinical solutions market. Further, concerns regarding patient data privacy are also one of the restraining factors in market growth.
Geographically market is divided into North America, Europe, Asia-Pacific and Rest of the World. North American region is dominating the global market followed by Europe owing to the increasing number of clinical trials being conducted in the region. Asia-Pacific region is growing at a very fast pace majorly owing to the growing outsourcing clinical trials especially across developing countries such as China, India, and Taiwan.
The Key Players in the global eclinical solutions market include Adroit Infosystems, Bioclinica, Inc., Bio-Optronics, Inc., Clinipace Worldwide, Inc., Datatrak International, Inc., DZS Software Solutions Inc., and Maxisit Inc. Partnership & collaboration, merger & acquisition, and product launch strategies are the key strategies adopted in the global eclinical solutions market to stay competitive in the market.
The market study of eclinical solutions market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include
• Financial reports of companies involved in the market
• Authentic Public Databases
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog
The report is intended for medical device companies, private companies, research institutes, hospitals, and government organizations for overall market analysis, and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
The Report Covers
• Comprehensive research methodology of global eclinical solutions market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global eclinical solutions market.
• Insights about market determinants which are stimulating the global eclinical solutions market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
1. Adroit Infosystems Pvt. Ltd.
2. Bioclinica, Inc.
3. Bio-Optronics, Inc.
4. Clinipace Worldwide, Inc.
5. CompleWare Corporation
6. CRF, Inc.
7. Datatrak International, Inc.
8. DZS Software Solutions Inc.
9. e-Clinical Solutions, LLC
10. eResearchTechnology (ERT GmbH)
11. MaxisIT Inc.
12. Medidata Solutions, Inc.
13. Merge Healthcare Inc.
14. Omnicomm Systems, Inc.
15. Oracle Corporation
16. PAREXEL International Corp.
17. PHT Corporation
18. TIBCO Software Inc.
19. XClinical GmbH
20. Anju ClinPlus, LLC
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Some Major Points from Table of content:
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.2. Analyst Insights & Current Market Trends
2.2.1. Key Findings
3. Market Determinants
3.1.1. Technological Advancement in Healthcare Sector
3.1.2. Rising Number of Clinical Trials
3.1.3. Enormous Data Mounting from Healthcare Industries
3.1.4. Presence of Strong Range of Products Pipelines
3.1.5. Growing Customer Base for E-clinical Solutions
3.2.1. Lack of Professionals for Operating E-Clinical Solutions
3.2.2. High Initial Cost of Implementation
3.3.1. The emergence of Point of Care E-Clinical Solutions Devices
3.3.2. Increasing Number of Clinical Trials
3.3.3. Increasing Clinical Research Activities in the Asia-Pacific Region
4. Market Segmentation
4.1. E-Clinical Solutions Market by Mode of Solution Deployment
4.1.1. Web-Based Hosted
4.1.3. Licensed Enterprise
4.2. E-Clinical Solutions Market by Application
4.2.1. Clinical Analytics Platform
4.2.2. Clinical Data Integration Platforms
4.2.3. Clinical Data Management Systems (CDMS)
4.2.4. Clinical Trial Management Systems (CTMS)
4.2.5. Electronic Clinical Outcome Assessments (ECOA)
4.2.6. Electronic Patient-Reported Outcomes (EPRO)
4.2.7. Randomization and Trial Supply Management
4.3. E-Clinical Solutions Market by End-User
4.3.1. Pharmaceutical & Biotechnology Companies
4.3.2. Medical Device Manufacturers
4.3.4. Clinical Research Organizations
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