Clinical IT Market is Expected to Reach the Value of USD 18 Billion, At a CAGR of 13.0% By 2030

Data Bridge Market Research Published Latest Global Clinical IT Market Study with an in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. Global Clinical IT Research Report’, the report is complete with elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place.

Data Bridge Market Research analyses that the clinical information technology (IT) market which was USD 6.77 billion in 2022, is expected to reach USD 18 billion by 2030, at a CAGR of 13.0% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Clinical informatics (IT) is the study of information technology and its applications in the healthcare industry. An information-based approach is used by studying and practicing to provide efficient healthcare delivery. The data is structured in such a way that it can be efficiently retrieved and used in an evaluation or report. Clinical informatics (IT) is used in a wide range of healthcare settings, including hospitals, research institutes, physician practices, the military, and others. Today’s healthcare industry heavily relies on data and technology to provide better care to patients.

The clinical information technology (IT) market is fuelled by increased R&D spending in the sector by biotech and pharmaceutical companies, resulting in adopting technologies that provide cost-effective solutions. The growing need for better data standardization is driving market growth. The increased number of clinical trials, particularly in emerging Asia Pacific countries, is creating opportunities for the market growth of clinical information technology solutions. This is expected to be boosted further by pharmaceutical companies’ adoption of EDC systems.

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Global Clinical Information Technology (IT) Market Scope

The clinical information technology (IT) market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Clinical Data Management System (CDMS)
• Clinical Trial Management System (CTMS)
• Electronic Data Capture (EDC)
• Electronic Patient Reported Outcomes (ePRO)
• Electronic Trial Master File (eTMF)
• Randomization and Trial Supply Management (RTSM)
• Others

Application

• Lab Information Systems
• Clinical Information Systems

Strategic Points Covered in Global Clinical IT Market Table of Content:

• Chapter 1:Introduction, the basic information of the Global Clinical IT Market & product overview
• Chapter 2:Objective of Study and Research Scope of the Clinical IT Market
• Chapter 3:Clinical IT Market Dynamics- driving growth factors, disruptive forces, Trends and Challenges & Opportunities
• Chapter 4:Market Factor Analysis, Clinical IT Market Value Chain, PESTEL & PORTER Model, Market Entropy, Patent/Trademark Analysis
• Chapter 5:Player Analysis; Competitive Landscape, Peer Group Analysis of Clinical IT Market, Strategic Group Analysis, Perpetual Mapping, BCG Matrix & Company Profiling
• Chapter 6:Displaying Market Revenue Size by Type, application /vertical or end users, other Segments
• Chapter 7:To evaluate the market by countries further broken down by countries
• Chapter 8:Research Methodology
• Chapter 9:Data Source

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Some of the major players operating in the clinical information technology (IT) market are:

• Oracle (U.S.)
• Parexel International Corporation (U.S.)
• OpenClinica, LLC (U.S.)
• IQVIA (U.S.)
• Dassault Systèmes (U.S.)
• Clario (U.S.)
• Signant Health (U.S.)
• Cerner Corporation (U.S.)
• McKesson Corporation (U.S.)
• General Electric (U.S.)
• Allscripts Healthcare, LLC (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• Cognizant (U.S.)
• athenahealth, Inc. (U.S.)
• UnitedHealth Group. (U.S.)
• 3M (U.S.)
• Advantech Co., Ltd (Taiwan)
• Agfa-Gevaert Group (Belgium)
• Avantas, LLC. (U.S.)
• Avhana Health, Inc. (U.S.)
• BLACK BOOK RESEARCH, LLC (U.S.)

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