E-clinical Solution Software Market Size, Share, Growth Report 2030

E-clinical Solution Software Market

E-clinical Solution Software Market By Product (Electronic Data Capture and Clinical Data Management Systems, Regulatory Information Management Solutions, Clinical Analytics Platform, Safety Solutions, Clinical Data, Integration Platform, Electronic Clinical Outcome Assessment, Randomization and Trial Supply Management, Electronic Trail Master Files, Clinical Trial Management Systems), By Delivery Mode (Cloud-Based, Licensed Enterprise, and Web-Hosted), Clinical Trial Phase (Phase I, Phase II, Phase III, and Phase IV), and By End User (Contract Research Organizations, Pharmaceutical and Biopharmaceutical Companies, Medical Device Manufacturers, Consulting Service Companies, Academic Research, Institutions, and Hospitals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Pharmaceutical Report Format : PDF Pages: 110 Report Code: ZMR-1524 Published Date: Feb-2021 Status : Published

The e-clinical solution software market is set for rapid growth over the forecast period. In terms of revenue, the global e-clinical solution software market accounted for USD 5.6 Billion in 2019 and is expected to reach USD 13.84 Billion by 2026, growing at a CAGR of 13.8%.

E-clinical Solution Software Market

Introduction

The e-clinical solution software market is set for rapid growth over the forecast period. In terms of revenue, the global e-clinical solution software market accounted for USD 5.6 Billion in 2019 and is expected to reach USD 13.84 Billion by 2026, growing at a CAGR of 13.8%.

Global E-clinical Solution Software Market: Overview

In collecting clinical testing data and handling it using advanced technologies, e-clinical applications are useful. Cloud-based solution software, certified business solution software, and web-based solution software are the numerous types of e-clinical solution software that are present in the global market. The industry will grow cloud-based e-clinical solution applications in the coming years, which will fuel its demand.

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Global E-clinical Solution Software Market: Growth Factors

With the help of clinical trials and research and development, the rising costs for the production of new drugs are expected to increase the growth of the global e-clinical solutions software market. The market is also driven by the growing need for data standardization and effective management of data. The software of the e-clinical solution offers the following advantages, such as improved drug productivity and reduced time during clinical trials, coaxing several end users to adopt the latest technologies.

Global E-clinical Solution Software Market: Segmentation

The e-clinical solution software Market is globally bifurcated into its product, delivery mode, clinical trial phase, and end user. Based on product type, the market is split into electronic data capture and clinical data management systems, regulatory information management solutions, clinical analytics platform, safety solutions, clinical data integration platform, electronic clinical outcome assessment, randomization and trial supply management, electronic trial master files, and clinical trial management systems. Electronic clinical outcome assessment is considered to share the maximum share as it improves the quality of the data stored, helps to streamline the data gathering process, and provides good data analysis owing to which it is increasingly accepted across various patient, clinic, and observer reports.

Based on deployment type, the market is divided into cloud-based, licensed enterprise, and web-hosted out of which the web-hosted deployment type shows dominance owing to the low investment options, easy accessibility, easy customization options, and usability.

The segmentation of the clinical trial phase is split into Phase I, Phase II, Phase III, and Phase IV, out of which Phase III is anticipated to hold the maximum share as it helps to curb the overall cost thus improving the efficiency of the process as this phase has numerous patients and thus triggers the demand for e-clinical solution software for better data processing and its management. Based on end user, the market is divided into consulting service companies, contract research organizations, pharmaceutical and biopharmaceutical companies, academic research institutions, hospitals, and medical device manufacturers, out of which contract research organizations hold maximum share as major pharmaceutical companies tend to switch and use clinical softwares for reducing the expenses and increase better data management.

Global E-clinical Solution Software Market: Regional Analysis

The region of North America is considered to be most dominant owing to the escalating implementation of new and advanced technologies by prominent medical institutes and organizations. The growing number of medical trials, surging governmental expenditure in healthcare, and digitalization of clinical solutions along with the growth of the pharmaceutical industry also foster the demand for the e-clinical solution software market.

Global E-clinical Solution Software Market: Competitive Players

Some of the key players in the e-clinical solution software market are BioClinica, Inc., eClinical Solutions, Inc., Merge Healthcare Incorporated, OmniComm Systems, Inc., PAREXEL International Corporation, CRF Health, MaxisIT Inc., ERT, Medidata Solutions, Inc., Bio-Optronics, Inc., and DATATRAK International, Inc. among others.

Global E-clinical Solution Software Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The main factors that contribute to the growth of the market for event management software include the introduction of the proposed methods of managing an event, including the management of the large data database, along with the increasing need to manage the uncertainty of the events. In the past couple of years, the cloud platform has gained notable prominence among all economic sectors. This popularity is due to the advantages of its ability to deploy easily, great scalability, cost-effectiveness, and easy accessibility.

According to Zion Market Research, the E-clinical Solution Software Market is set for rapid growth over the forecast period. In terms of revenue, the global E-clinical Solution Software Market accounted for USD 3.27 Billion in 2019 and is expected to reach USD 6.37 Billion by 2026, growing at a CAGR of 10%.

North America is the dominant market for event management software owing to the rising adoption of event management software for various events related to sports, education, and other private events. The presence of significant players associated with the market also fosters the demand in the region.

Some of the key players in the E-clinical Solution Software Market are Cvent, Eventzilla, Xing Events, Certain Inc., Ungerboeck, touches, EventbriteDEA, Active Networks, Lanyon, Zerista, RegPoint Solutions, and SocialTables among others.

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