eClinical Solutions Market Trends 2023: To Exhibits Remarkable Growth | $21.5 Billion by 2031
eClinical Solutions Market– Global Outlook and Forecast 2023-2030 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2030). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global eClinical Solutions Market. Some of the key players profiled in the study are Advarra, Inc. (Bio Optronics, Inc.), Anju Software, Inc., Business Systems Integration AG, Castor EDC, Clario, Dassault Systemes (Medidata Solution, Inc.), DataTrak International, Inc., eClinical Solutions, Inc., IBM Watson Health, MaxisIT Inc., MedNet Solutions, Medrio, Inc., Parexel International Corporation (Calyx), Saama Technologies, Inc., Signant Health (CRF Health Inc.), veeva systems, Oracle Corporation. The global eClinical Solutions market is estimated to reach $21,502.95 million by 2031, growing at a CAGR of 12.2% from 2022 to 2031.
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eClinical Solutions Market Outlook 2021-2031
In 2021, the eClinical solutions market was dominated by the electronic data capture (EDC) and clinical data management systems (CDMS) segment, which garnered $1789.1 million due to its ability to capture high-quality information, streamline data collection procedures, and offer effective data analysis. Meanwhile, the electronic clinical outcome assessment segment is projected to experience the highest compound annual growth rate (CAGR) of 13.4% during the forecast period, driven by the increasing importance of high-quality clinical data.
As for delivery mode, the web-hosted segment was the largest in 2021, generating $2973.24 million, owing to its greater level of interoperability. However, the cloud-based segment is expected to have the highest CAGR of 13.4% during the forecast period due to its flexibility, high accessibility, low handling costs, and easy data backup.
In terms of clinical trials, the phase II segment held the largest eClinical solutions market share in 2021, with $2178.6 million, due to the increasing number of drugs successfully reaching phase III. The phase I segment is expected to experience the highest CAGR of 13.0% during the forecast period because these systems are highly significant in predicting future outcomes and eliminating drug candidates with the least probability of success.
Marketing Communication and Sales Channel
Understanding “marketing effectiveness” on a continual basis, help determine the potential of advertising and marketing communications and allow to use of best practices to utilize untapped audience. In order to make marketers make effective strategies and identify why the target market is not giving attention, we ensure the Study is Segmented with appropriate marketing & sales channels to identify potential market size by value & Volume* (if Applicable).
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The segments and sub-section of eClinical Solutions market is shown below:
By Product: Electronic Data Capture and Clinical Data Management Systems, Clinical Trial Management Systems, Randomization and Trial Supply Management, Electronic Clinical Outcome Assessment, Electronic Trail Master Files, Others
By Delivery Mode: Web-hosted, On-premise, Cloud-based
By Clinical Trial Phase: Phase I, Phase II, Phase III, Phase IV
By End User: Pharmaceutical and Biopharmaceutical Companies, Contract Research Organizations, Others
Some of the key players involved in the Market are: Advarra, Inc. (Bio Optronics, Inc.), Anju Software, Inc., Business Systems Integration AG, Castor EDC, Clario, Dassault Systemes (Medidata Solution, Inc.), DataTrak International, Inc., eClinical Solutions, Inc., IBM Watson Health, MaxisIT Inc., MedNet Solutions, Medrio, Inc., Parexel International Corporation (Calyx), Saama Technologies, Inc., Signant Health (CRF Health Inc.), veeva systems, Oracle Corporation.
Important years considered in the eClinical Solutions study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2021 to 2031 [** unless otherwise stated]
If opting for the Global version of eClinical Solutions Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
The study’s key findings are as follows:
• In 2021, the electronic data capture (EDC) and clinical data management systems (CDMS) segment was the top contributor to the market in terms of type.
• The web-hosted segment was the leading contributor to the market in 2021 based on delivery mode.
• The Phase II segment was the primary contributor to the market in 2021 in terms of clinical trials.
• The contract research organization segment was the top contributor to the market in 2021 based on end-user, and is expected to maintain this trend during the forecast period.
• In 2021, North America generated the largest revenue share, while Asia-Pacific is projected to experience the highest compound annual growth rate (CAGR) during the forecast period.
Introduction about eClinical Solutions Market
eClinical Solutions Market Size (Sales) Market Share by Type (Product Category)
eClinical Solutions Market by Application/End Users
eClinical Solutions Sales (Volume) and Market Share Comparison by Applications
Global eClinical Solutions Sales and Growth Rate (2020-2030)
eClinical Solutions Competition by Players/Suppliers, Region, Type, and Application
eClinical Solutions (Volume, Value, and Sales Price) table defined for each geographic region defined.
eClinical Solutions Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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