Press Resease

Electronic Clinical Outcome Assessment (eCOA) Market by Type (Web Hosted, Licensed Enterprise, and Cloud-Based) and by Platform (Hospitals, CROs, Academic Institutes, Pharma & Biotech Organizations, and Medical Device Manufacturers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Published Date: 14-Dec-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3637 Status : Published

Global electronic clinical outcome assessment (eCOA) market expected to generate revenue of around USD 1,822 million by 2024, growing at a CAGR of around 16.7% between 2018 and 2024. Electronic Clinical Outcome Assessments (eCOAs) determine a patient's condition as along with the effects and progression of a disease.

Description

The report covers a forecast and an analysis of the electronic clinical outcome assessment (eCOA) market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the electronic clinical outcome assessment (eCOA) market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the electronic clinical outcome assessment (eCOA) market on a global level.

In order to give the users of this report a comprehensive view of the electronic clinical outcome assessment (eCOA) market, we have included a competitive landscape and an analysis of Porter’s Five Forces model of the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Electronic Clinical Outcome Assessment (eCOA) Market

The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new platform launch, agreements, partnerships, collaborations & joint ventures, research & development, platform, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and the type portfolio of various companies according to regions.

The study provides a decisive view of the electronic clinical outcome assessment (eCOA) market by segmenting the market based on type, platform, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This segmentation includes demand for electronic clinical outcome assessment (eCOA) market based on all segments in all the regions and countries.

Some major players operating in the global electronic clinical outcome assessment (eCOA) market are Oracle Corporation, Medidata Solutions, Inc., Paraxel International Corporation, Merge Healthcare Incorporated, eClinical Solutions, OmniComm Systems, Inc., CRF Health, ERT, and BioClinica, among others.

This report segments the global electronic clinical outcome assessment (eCOA) market as follows:

Electronic Clinical Outcome Assessment (eCOA) Market: Type Analysis

  • Web Hosted
  • Licensed Enterprise
  • Cloud-Based

Electronic Clinical Outcome Assessment (eCOA) Market: Platform Analysis

  • Hospitals
  • CROs
  • Academic Institutes
  • Pharma & Biotech Organizations
  • Medical Device Manufacturers

Electronic Clinical Outcome Assessment (eCOA) Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research scope
    • 1.3. Market Research Methodology
      • 1.3.1. Level 1: Primary Research
      • 1.3.2. Level 2: Secondary Research
      • 1.3.3. Level 3: Data Validation and Expert Panel Assessment
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global electronic clinical outcome assessment (eCOA) market, 2015 - 2024 (USD Million)
    • 2.2. Global electronic clinical outcome assessment (eCOA) market: Snapshot
  •  
  • Chapter 3. Electronic Clinical Outcome Assessment (eCOA) Market - Dynamics
    • 3.1. Introduction
      • 3.1.1. Classification of electronic clinical outcome assessment (eCOA)
      • 3.1.2. Key trend analysis
    • 3.2. Market Drivers
      • 3.2.1. Drivers of global electronic clinical outcome assessment (eCOA) market: Impact analysis
      • 3.2.2. Rising adoption of technologically advanced wearable and handheld medical devices
      • 3.2.3. Growing demand for cloud-based services
    • 3.3. Market Restraints
      • 3.3.1. Restraints for global electronic clinical outcome assessment (eCOA) market: Impact analysis
      • 3.3.2. The high cost of implementation
    • 3.4. Opportunities
      • 3.4.1. Technological developments in electronic clinical outcome assessment (eCOA)
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Attractiveness Investment Proposition
      • 3.6.1. Market attractiveness analysis by type segment
      • 3.6.2. Market attractiveness analysis by platform segment
      • 3.6.3. Market attractiveness analysis by regional segment
  •  
  • Chapter 4. Global Electronic Clinical Outcome Assessment (eCOA) Market - Competitive Landscape
    • 4.1. Company market share analysis, 2016 (subject to data availability)
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
    • 4.3. Research and Development, Products and Regional Expansion
  •  
  • Chapter 5. Global Electronic Clinical Outcome Assessment (eCOA) Market - Product Analysis
    • 5.1. Electronic clinical outcome assessment (eCOA)market: Type analysis
      • 5.1.1. Global electronic clinical outcome assessment (eCOA) market share by type segment, 2017 - 2024
    • 5.2. Web Hosted
      • 5.2.1. Overview
      • 5.2.2. Global web hosted market, 2015 - 2024, (USD Million)
    • 5.3. Licensed Enterprise
      • 5.3.1. Overview
      • 5.3.2. Global licensed enterprise market, 2015 - 2024, (USD Million)
    • 5.4. Cloud-Based
      • 5.4.1. Overview
      • 5.4.2. The global cloud-based market, 2015 - 2024, (USD Million)
  •  
  • Chapter 6. Global Electronic Clinical Outcome Assessment (eCOA) Market: Platform Analysis
    • 6.1. Global electronic clinical outcome assessment (eCOA) market: platform overview
      • 6.1.1. Global electronic clinical outcome assessment (eCOA) market volume share by platform, 2017 and 2024
    • 6.2. Hospitals
      • 6.2.1. Overview
      • 6.2.2. Global electronic clinical outcome assessment (eCOA) market for hospitals, 2015 - 2024 (USD Million)
    • 6.3. CROs
      • 6.3.1. Overview
      • 6.3.2. Global electronic clinical outcome assessment (eCOA) market for CROs, 2015 - 2024 (USD Million)
    • 6.4. Academic Institutes
      • 6.4.1. Overview
      • 6.4.2. Global electronic clinical outcome assessment (eCOA) market for academic institutes, 2015 - 2024 (USD Million)
    • 6.5. Pharma & Biotech Organizations
      • 6.5.1. Overview
      • 6.5.2. Global electronic clinical outcome assessment (eCOA) market for pharma & biotech organizations, 2015 - 2024 (USD Million)
    • 6.6. Medical Device Manufacturers
      • 6.6.1. Overview
      • 6.6.2. Global electronic clinical outcome assessment (eCOA) market for medical device manufacturers, 2015 - 2024 (USD Million)
  •  
  • Chapter 7. Global Electronic Clinical Outcome Assessment (eCOA) Market: Regional Analysis
    • 7.1. Global electronic clinical outcome assessment (eCOA) market: Regional overview
      • 7.1.1. Global electronic clinical outcome assessment (eCOA) market volume share by region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. Overview
      • 7.2.2. North America electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
      • 7.2.3. North America electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.2.4. The U.S.
        • 7.2.4.1. The U.S. electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.2.4.2. The U.S. electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.2.5. Rest of North America
        • 7.2.5.1. Rest of North America electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.2.5.2. Rest of North America electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
    • 7.3. Europe
      • 7.3.1. Overview
      • 7.3.2. Europe electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024 (USD Million)
      • 7.3.3. Europe electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.3.4.2. Germany electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.3.5. UK
        • 7.3.5.1. UK electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.3.5.2. UK electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.3.6. France
        • 7.3.6.1. France electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.3.6.2. France electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.3.7. Spain
        • 7.3.7.1. Spain electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.3.7.2. Spain electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.3.8. Rest of Europe
        • 7.3.8.1. Rest of Europe electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.3.8.2. Rest of Europe electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Overview
      • 7.4.2. Asia Pacific electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024 (USD Million)
      • 7.4.3. Asia Pacific electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024 (USD Million)
      • 7.4.4. China
        • 7.4.4.1. China electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.4.4.2. China electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.4.5. Japan
        • 7.4.5.1. Japan electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.4.5.2. Japan electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.4.6. India
        • 7.4.6.1. India electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.4.6.2. India electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.4.7. Southeast Asia
        • 7.4.7.1. Southeast Asia electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.4.7.2. Southeast Asia electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.4.8. Rest of Asia Pacific
        • 7.4.8.1. Rest of Asia Pacific electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.4.8.2. Rest of Asia Pacific electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
    • 7.5. Latin America
      • 7.5.1. Overview
      • 7.5.2. Latin America electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024 (USD Million)
      • 7.5.3. Latin America electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024 (USD Million)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.5.4.2. Brazil electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.5.5. Rest of Latin America
        • 7.5.5.1. Rest of Latin America electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.5.5.2. Rest of Latin America electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. Overview
      • 7.6.2. The Middle East and Africa electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024 (USD Million)
      • 7.6.3. The Middle East and Africa electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024 (USD Million)
      • 7.6.4. GCC Countries
        • 7.6.4.1. GCC Countries electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.6.4.2. GCC Countries electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
      • 7.6.5. Rest of the Middle East and Africa
        • 7.6.5.1. Rest of the Middle East and Africa electronic clinical outcome assessment (eCOA) market revenue, by type, 2015 - 2024, (USD Million)
        • 7.6.5.2. Rest of the Middle East and Africa electronic clinical outcome assessment (eCOA) market revenue, by platform, 2015 - 2024, (USD Million)
  • Chapter 8. Company Profile
    • 8.1. Oracle Corporation
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Medidata Solution, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Paraxel International Corporation
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Merge Healthcare Incorporated
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. eClinical Solutions
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. OmniComm Systems, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. CRF Health
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. ERT
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. BioClinica
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments

Methodology

Free Analysis

Electronic clinical outcome assessment (eCOA) determines the mental state of people, symptoms, and the progression of diseases through tablets, personal computer, and smartphone applications. The eCOA provides real-time visibility that helps in improving the adherence to protocol execution, enhance patient safety and engagement, and reduce trial risks. eCOA encompasses electronic patient-reported outcomes (ePROs), clinician-reported outcomes (ClinROs), performance-related outcomes, and observer-reported outcomes (ObsROs). These solutions help in improving the accuracy of clinical results by making intelligent reports and reducing the error margin.

In most clinical outcome assessment systems application, the compliance rates are approximately 90%, which enables these systems to accelerate the research procedures. Thus, the eCOA solutions help in collecting clinical information in real-time and benefits the users by making quick updates. This, in turn, is likely to boost the popularity of these systems among various end-users. The large-scale penetration of advanced technologies, the growing acceptance of software solutions during research studies, government initiatives to support clinical trials, and huge R&D expenditure made by pharmaceutical companies are some key factors expected to substantially contribute toward the electronic clinical outcome assessment (eCOA)market over the forecast timeframe.

Global Electronic Clinical Outcome Assessment (eCOA) Market

The shifting consumer preference, from web hosted to cloud-based services, is also expected to boost the electronic clinical outcome assessment (eCOA) market in the years to come. The cloud-based platforms enable the users to keep a track of all their information, minimize the risk of data theft by providing a secured platform for information sharing and don’t require established IT infrastructure. However, the high implementation cost might hinder the future of electronic clinical outcome assessment (eCOA) market. 

By type, the electronic clinical outcome assessment (eCOA) market is segmented into the licensed enterprise, web hosted, and cloud-based. By platform, this market is categorized into hospitals, academic institutes, CROs, pharma and biotech organizations, and medical device manufacturers.

The regional segmentation includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America accounted for a major electronic clinical outcome assessment (eCOA) market share in 2017 and is expected to continue its dominance over the forecast time period. This regional growth can be attributed to the presence of technologically advanced research centers, universities, medical device manufacturers, and hospitals and the huge presence of enhanced healthcare establishments. The U.S. accounted for a major market share in the North American electronic clinical outcome assessment (eCOA) market in 2017, owing to a higher adoption rate of healthcare analytics services. Moreover, the initiatives pertaining to the acceptance of eClinical platforms by various organizations and government are projected to further boost the use of electronic clinical outcome assessment (eCOA) solutions in the future.

Some major players operating in the global electronic clinical outcome assessment (eCOA) market are Oracle Corporation, Medidata Solutions, Inc., Paraxel International Corporation, Merge Healthcare Incorporated, eClinical Solutions, OmniComm Systems, Inc., CRF Health, ERT, and BioClinica, among others.

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