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E Clinical Trials Solutions Suite Technologies Market

E Clinical Trials Solutions Suite Technologies Market

E Clinical Trials Solutions Suite Technologies Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

145

Base Year:

2021

Date

Mar - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1427

Segments Covered
  • By Product CDMS/EDC Solutions, CTMS Solutions, eCOA Solutions, RTMS Solutions, Safety Solutions, Analytics and Reporting Platforms, Integration Platforms, eTMF, Others
  • By Delivery Model Web- Based (On-Demand) Model, Licensed Enterprise (On-Premise) Model, Cloud- Based (SAAS) Model
  • By Clinical Trials Phase Phase I, Phase II, Phase III, Phase IV
  • By End User Pharmaceutical and Biopharmaceutical Companies, Contract Research Organizations, Consulting Service Companies, Medical Device Manufacturers, Hospitals, Academic Research Institutions
  • By Region North America, Asia Pacific, Europe, Latin America, Middle East & Africa
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: USD 6,193.91 Million
Revenue 2028Revenue 2028: USD 1,2964.12 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 13.1%
Fastest Growing Region Fastest Growing Region (2021 - 2028) Asia Pacific
Largest Region Largest Region (2021): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
E Clinical Trials Solutions Suite Technologies Market Share

Market Synopsis:

The Global E Clinical Trials Solutions Suite Technologies Market is valued at USD 6,193.91 Million in 2021 and is projected to reach a value of USD 1,2964.12 Million by 2028 at a Compound Annual Growth Rate (CAGR) of 13.1% over the forecast period.

The E Clinical Trials Solutions Suite Technologies market is witnessing growth owing to the regulatory requirements associated with the clinical research studies and the increasing operational costs. Moreover, the growing research and development expenditure on the development of drugs by pharma-biotech companies are the prime factors expected to drive the growth of the E Clinical Trials Solutions Suite Technologies market in the years to come. The E Clinical Trials Solutions Suite Technologies manage the expertise and clinical technologies to enable acceleration of the clinical development process. The software helps to manage, record data, maintain and track the deadlines, and various E Clinical Trials Solutions Suite Technologies include randomization and trial supply management (RTSM), Clinical trial management system (CTSM), and Clinical data management system (CDMS) which are driving the growth of the e-clinical solution market. The growing adoption of novel software solutions in clinical research is a major factor fueling the growth of the E Clinical Trials Solutions Suite Technologies market during the forecast period. The rising clinical research activities in the developing countries are further expected to enhance the E Clinical Trials Solutions Suite Technologies market during the forecast period. The rising clinical research activities in the developing Asian countries and the greater outsourcing of the clinical trials processes to CROs are providing key opportunities for the growth of the E Clinical Trials Solutions Suite Technologies market in the upcoming years. However, the dearth of skilled professionals to operate E Clinical Trials Solutions Suite Technologies is limiting the growth of the market during the forecast period.

E Clinical Trials Solutions Suite Technologies Market Size, 2021 To 2028 (USD Million)

Market Segmentation:

Below tree is interactive. You can click the nodes to get more information.

The Web-Based Delivery Segment is Expected to Grow at the Highest CAGR During the Forecast Period:

The web-hosted segment is projected to grow at the highest Compound Annual Growth Rate (CAGR) during the forecast period. The growth of this web-based delivery segment is due to the cost reductions, and fast data recovery. Web-hosted products are effortlessly personalized, due to which providers can personalize the presentation of data for different user groups. In addition, these products include a high level of interoperability. However, the web-based delivery segment is dignified to maintain its position throughout the forecast period.

The Pharmaceutical End User Holds Largest Share in the E Clinical Trials Solutions Suite Technologies Market:

The growth of the pharmaceutical segment is primarily attributed to the increasing adoption of E Clinical Trials Solutions Suite Technologies by scientist that offers better clinical trials and efficient research. Moreover, such software solutions authorize biotechnology and pharmaceutical companies to classify bureaucratic bottlenecks associated with the clinical trials, this is driving the demand for E Clinical Trials Solutions Suite Technologies among researchers in the biotechnology and pharmaceutical companies for clinical research programs.

North America Region is Expected to Dominate the E Clinical Trials Solutions Suite Technologies Market During the Forecast Period:

The growth of this region is mainly attributed to the early adoption of technology united with many years of research and development in the pharmaceutical sector. Besides incentive programs introduced by the government bodies along with the enormous investments from the private sector are expected to drive the e-clinical solution market growth in North America during the forecast period.

Asia Pacific region is expected to grow at the highest Compound Annual Growth Rate (CAGR) during the forecast period. The growth of Asia Pacific is primarily attributed to fewer restrictions for clinical trials and the rising government funding united with prime clinical studies being outsourced to the technologically rich countries and regions which have pushed the e-clinical market in the Asia Pacific region by an enormous margin.

Competitive Landscape:

The E Clinical Trials Solutions Suite Technologies market is very competitive and continuously growing owing to the greater technology adoption and smaller and medium-sized sponsors. Some of the major key players in the market are Oracle Corporation (US), Medidata Solutions Inc. (US), Parexel International Corporation (US), BioClinica Inc. (US), Signant Health (US), Datatrak International Inc. (US), ERT (US), eClinical Solutions Inc. (US), MaxisIT Inc. (US), Bio-Optronics Inc. (US), Merge Healthcare Incorporated (US), and OmniComm Systems Inc. (US)..

E Clinical Trials Solutions Suite Technologies Market is Segmented as Follows:

Parameter Details
Segments Covered
  • Product (CDMS/EDC Solutions, CTMS Solutions, eCOA Solutions, RTMS Solutions, Safety Solutions, Analytics and Reporting Platforms, Integration Platforms, eTMF, Others)
  • Delivery Model (Web- Based (On-Demand) Model, Licensed Enterprise (On-Premise) Model, Cloud- Based (SAAS) Model)
  • Clinical Trials Phase (Phase I, Phase II, Phase III, Phase IV)
  • End User (Pharmaceutical and Biopharmaceutical Companies, Contract Research Organizations, Consulting Service Companies, Medical Device Manufacturers, Hospitals, Academic Research Institutions)
  • Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Oracle Corporation (US)
  • Medidata Solutions Inc. (US)
  • Parexel International Corporation (US)
  • BioClinica Inc. (US)
  • Signant Health (US)
  • Datatrak International Inc. (US)
  • ERT (US)
  • eClinical Solutions Inc. (US)
  • MaxisIT Inc. (US)
  • Bio-Optronics Inc. (US)
  • Merge Healthcare Incorporated (US)
  • and OmniComm Systems Inc. (US).
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

E Clinical Trials Solutions Suite Technologies Market is Tabulated as follows:

FAQ
Frequently Asked Question
  • The global E Clinical Trials Solutions Suite Technologies valued at in 2020 and is expected to reach in 2028 growing at a CAGR of 13.1%.

  • The prominent players in the market are Oracle Corporation (US), Medidata Solutions Inc. (US), Parexel International Corporation (US), BioClinica Inc. (US), Signant Health (US), Datatrak International Inc. (US), ERT (US), eClinical Solutions Inc. (US), MaxisIT Inc. (US), Bio-Optronics Inc. (US), Merge Healthcare Incorporated (US), and OmniComm Systems Inc. (US)..

  • The market is project to grow at a CAGR of 13.1% between 2021 and 2028.

  • The driving factors of the E Clinical Trials Solutions Suite Technologies include

    • Advantages of eClinical solutions

  • North America was the leading regional segment of the E Clinical Trials Solutions Suite Technologies in 2020.

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