"Designing Growth Strategies is in our DNA"

eClinical Solutions Market Size, Share & Industry Analysis, By Product Type (Clinical Trial Management Systems (CTMS), Electronic data capture (EDC) and Clinical data management systems (CDMS)), By Delivery Mode (Web-hosted, Licensed enterprise, Cloud-based), By Clinical Trial Phase (Phase I, Phase II, Phase III, Phase IV), By End User (Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, Contract Research Organizations) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105464 | Status : Ongoing

 

KEY MARKET INSIGHTS

eClinical solutions are applications and software that are used for management of clinical trials and clinical research. It manages the clinical technologies and expertise to facilitate the acceleration of clinical development process. These software helps in efficient and accurate research planning as well as in accurate reporting & documentation of clinical trials data. As per First analysis security corporation analysis, Clinical trial management systems (CTMS) and electronic data capture (EDC) are the most prominent eClinical solutions. With these solutions, sponsors and trial managers are competent to better manage the increased data volumes to execute on emerging trial. Additionally, market is also driven by growing customer base for eClinial solutions.


The rising trend of outsourcing clinical trials to contract research organizations (CROs) is poised to help the market grow. Outsourcing is an imperative means for clinical trial sponsors to bring in outside expertise, from full-service clinical research organizations to smaller functional service providers. As per IQVIA, globalization adds a new feature to clinical trial outsourcing, with more than 80% of manufacturers performing trials in more than one country, compared to less than half that a decade ago. In 2019 there were around 3,000 contract research organizations (CROs) operating universally with total combined market revenues exceeding USD 21 billion.

However, the high cost for implementation and maintenance of eclinical solutions is going to hamper the market growth. Additionally, increase in regulatory burdens exacerbated by increases in clinical trial complexity and data volumes, thus restraining the growth of eClinical Solutions market in the coming years.

Up Arrow

Key Market Driver -

Growing demand for outsourcing clinical trials

Down Arrow

Key Market Restraint -

High implementation and maintenance cost of eClinical solutions


Market Segmentation:


Globally, the eClinical Solutions market can be categorized into product type, delivery mode, clinical trial phases, end users and region. Based on Product type, the market can be segmented into clinical trial management systems (CTMS), electronic data capture (EDC) and clinical data management systems (CDMS), electronic clinical outcome assessment (eCOA), safety solutions, clinical analytics platform randomization and trial supply management (RTMS) and others. Based on delivery mode, the market can be categorized into web-hosted (On-demand), licensed enterprise (On-premise), cloud-based. On the basis of clinical trial phase, the market is segmented into phase I, phase II, phase III, phase IV. By end user, the market is segmented into pharmaceutical & biotechnology companies, hospitals & clinics, contract research organizations (CROs) and others. Geographically, the eClinical solutions market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

Key Players Covered:


Some of the major companies that are present in the eClinical Solutions market are eClinical Solutions, Inc, Oracle Corporation (US), Medidata Solutions, Inc., PAREXEL International Corporation; CRF Health, Merge Healthcare (IBM), Datatrak Int, ALTEN Group and other prominent players.

Key Insights:



  • Key Industry Developments – Merger, Acquisitions, and Partnerships

  • Regulatory Scenario

  • Key Industry Trends

  • COVID-19 Impact on eClinical Solutions Market


Regional Analysis:


Based on region segmentation, the eClinical Solutions market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to dominate the market in 2020 and is estimated to retain its dominating position during the forecast period. Factors such as rising clinical research activities in U.S. and promptly shift from manual data interpretation to real-time data analysis during clinical studies will further accelerate the market revenue.  In Europe, the market is impelled by factors such as expansion of business and increase in customer base by the major players. For example, in January 2021, Bioclinica, an integrated solutions provider of clinical life science and technology expertise, had announced its partnership with IKCON PHARMA, which will allow sponsors to easily scale projects to restructure clinical trials. Asia Pacific is supplemented by rising number of trials that are outsourced to countries like China, India and Japan because of large patient population. The market in Latin America and Middle East countries, and Africa is expected to grow slower than other regions.

To gain extensive insights into the market, Request for Customization


Segmentation






























 ATTRIBUTE

  DETAILS

By Product Type



  • Clinical Trial Management Systems (CTMS)

  • Electronic data capture (EDC) and Clinical data management systems (CDMS)

  • Electronic clinical outcome assessment (eCOA)

  • Safety solutions

  • Clinical analytics platform randomization and trial supply management (RTMS)

  • Others



By Delivery Mode



  • Web-hosted (On-demand) L

  • Licensed enterprise (On-premise)

  • Cloud-based.



By Clinical Trial Phase



  • Phase I

  • Phase II

  • Phase III

  • Phase IV



By End User



  • Pharmaceutical & Biotechnology Companies

  • Hospitals & Clinics, Contract Research Organizations (CROs)

  • Others



By Geography



  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, the Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)



eClinical Solutions Market Industry Developments



  • In October 2020, Medidata, TriNetX, and Datavant announced a partnership which aims at accelerating the use of real-world data (RWD) to power clinical research. This partnership will allow users of Medidata’s end-to-end clinical research platform to securely link their clinical data with patient consent to de-identified patient data without unblinding the study

  • In November 2019, eClinicalWorks a leader in healthcare IT solutions came into collaboration with GuideWell; Humana Inc.; and Trusted Health Plan with an aim to provide bidirectional interoperability solutions to patients, providers, and payers.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Amgen
Pfizer
uniliver
Siemens Healthineers
Fresenius

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X