E-Clinical
solution is a platform integrating products,
technology and services for performing and automating the clinical trials to
better allow the data management and integrating various trial data for
efficient observation. Therefore, enhancing efficiency and propelling the speed
of clinical trials process. With the rise in complexity, volume of clinical
trial data, cost for accumulating data, organizing and analyzing of study data
and regulatory necessities for improved safety monitoring are also expanding rapidly.
The rising spending on clinical research and development in the
pharmaceutical and biotechnology industry, the increasing number of clinical
trials, the increasing requirement for better data standardization, and rising
clinical trial outsourcing are the vital factors propelling the growth of the
E-Clinical Solutions Market. The efforts to invent treatments for various
diseases, such as cancer, diabetes, and AIDS, are leading to increased spending
by pharmaceutical, clinical research, life sciences and biopharmaceutical
firms, which is further propelling the growth of the E-Clinical Solutions
Market. Few other factors accelerating the progress of the E-Clinical Solutions
Market are the rising incidence of chronic and lifestyle-associated diseases
and the rising elderly population. These have resulted in the increasing number
of drugs in the pipeline, which is further leading to a surge in clinical
trials. In order to have a huge pool of patients and minimize the cost,
countries such as China, India and Poland have become popular destinations for
clinical trials among pharmaceutical firms. In
addition, the technical advancements in the segment of clinical trials such as
electronic data capture and presence of easy Wi-Fi connectivity are projected
to enhance the market growth. There is a significant demand for tracking and
analyzing the several clinical data and the hence the growth in eClinical
Solution Market. On the other hand, the huge cost incurred in implementation of
e-clinical solutions and dearth of awareness and infrastructure in developing
nations will majorly restrain the e-clinical solutions market growth.
In addition, the rising adoption of cloud
technology for the development of e-clinical suits and the increasing clinical
research in developing economies offer opportunities for players seeking to
invest in the e-clinical solutions market. The rising frequency of clinical
trials in developing countries owing to the availability of a huge number of
patients, low operational cost and quick recruitment rates offer key players
with more opportunities.
The
global E-Clinical Solution Market is segregated on the basis of Product as eCOA,
EDC & CDMS, Clinical data integration platforms, Safety solutions, CTMS, RTSM,
eTMF and Clinical Analytics Platforms. Based on Delivery Mode the global E-Clinical
Solution Market is segmented in Web-hosted, Licensed Enterprise and Cloud-based.
Based on Development Phase the global E-Clinical Solution Market is segmented
in Phase I, Phase II, Phase III and Phase IV. Based on End-use the global E-Clinical
Solution Market is segmented in Hospitals, CROs, Academic institutes, Pharma
& Biotech Organizations and Medical Device Manufacturers.
The
global E-Clinical Solution Market report provides geographic analysis covering
regions, such as Europe, North America, Asia Pacific, and Rest of The World.
The E-Clinical Solution Market for each region is further segmented for major
countries including the U.S., Canada, Germany, the U.K., France, Italy, China,
India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Anju
Software, Inc., BioClinicia Inc., Bio-Optronics, Inc., Cinven, CRF Health and
others are among the major players in the global E-Clinical Solution Market.
The companies studied in terms of product strategy and various n several growth
and expansion strategies to gain a competitive edge in the market. The major
players not only follow value chain integration with business operations in
multiple stages of the value chain.
- In May
2021, The Tasmanian Government entered into partnership with Oracle Corporations
to use its health management system to handle the Covid-19 vaccination program.
- In April
2021, Signant Health declared the launch of electronic informed consent
offerings and imrpoved capabilities with the new release of SmartSignals™
eConsent. Key product functionality updates and tiered license options offer
sponsors with more control over attaining electronic informed consent and re-consent
for any study design.
- In
November 2020, Signant Health acquired a leading provider of software solutions
VirTrial Company, for remote site startup and decentralized clinical trial
conduct.
- In August
2020, GI Partners, a major private investment firm, declared the acquisition of
Clinical Ink, which was a provider of clinical trial technology.
The global E-Clinical Solution Market has been
segmented as below:
E-Clinical
Solution Market, By Product
- eCOA
- EDC & CDMS
- Clinical data integration platforms
- Safety solutions
- CTMS
- RTSM
- eTMF
- Clinical Analytics Platforms
E-Clinical
Solution Market, By Delivery Mode
- Web-hosted
- Licensed Enterprise
- Cloud-based
E-Clinical
Solution Market, By Development Phase
- Phase I
- Phase II
- Phase III
- Phase IV
E-Clinical
Solution Market, By End-use
- Hospitals
- CROs
- Academic institutes
- Pharma & Biotech Organizations
- Medical Device Manufacturers
E-Clinical
Solution Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
E-Clinical
Solution Market, By Company
- Anju Software, Inc.
- BioClinicia Inc.
- Bio-Optronics, Inc.
- Cinven
- CRF Health
- Dassault Systèmes
- Datatrak International, Inc.
- Eclinical Solutions, LLC
- ERT Clinical
- IBM Watson Health (Merge Healthcare
Incorporated)
- Maxisit Inc.
- Medidata Solutions, Inc.
- Merge Healthcare Incorporated
- Omnicomm Systems, Inc.
- Oracle Corporation
- Parexel International Corporation
- Acceliant
- Castor EDC.
- CIMS Global
- eClinicalWorks
- MedNet, Inc.
- Medrio, Inc.
The
report covers the below scope:
- Global E-Clinical Solution Market
sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global E-Clinical Solution Market
trends, covering comprehensive range of consumer trends & manufacturer
trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global E-Clinical
Solution Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The years
considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global E-Clinical Solution Market report scope
includes detailed study covering underlying factors influencing the industry
trends. The report covers analysis on regional and country level market
dynamics. The scope also covers competitive overview providing company market
shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares
and profiles key participants in the global E-Clinical Solution Market share.
Major industry players with significant revenue share include Anju
Software, Inc., BioClinicia Inc., Bio-Optronics, Inc., Cinven, CRF Health and others.
Why to
Buy this Report:
- Gain detailed insights on the E-Clinical Solution
industry trends
- Find complete analysis on the
market status
- Identify the E-Clinical Solution
Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement