eClinical Solutions Market Global Research Report Forecast till 2027

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eClinical Solutions Market
Global Industry Survey, Growth, Competitive
Landscape and Forecasts to 2027
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eClinical Solutions Market
Global Research Report - Forecast till 2027
The Global eClinical Solutions Market is slated
to climb a valuation of USD 9434.57 million with
a CAGR of 12.24 between 2018 and 2023. Market
Research Future (MRFR) in their new report on
the market has mentioned the possibilities of
triggering significant market growth during the
same time frame, which can be considered forecast
period. eClinical solutions are known for their
ability to combine clinical technology with
expertise of the system. This system gets
significant application in the improvement
procedure of various clinical development by
using data management and data analysis. The
global market for eClinical solutions is getting
significant growth from the increasing research
and development sector, and significant market
contribution by various biopharmaceutical and
pharmaceutical companies. Among the other
factors, hike in investment to spur development
of clinical trials, increasing number of chronic
diseases patients in sectors like cancer,
diabetes, cardiovascular diseases, and chronic
respiratory diseases, and surge in smart device
adoption for healthcare management are points
that can be used to assess the movement of the
global eClinical solutions market. Get Request
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eClinical Solutions Market
Global Research Report - Forecast till 2027
Segmentation The global eClinical solution market
has been segmented based product, delivery mode,
and end-users. Product-wise segmentation of the
global eClinical solution market includes
clinical data management systems (CDMS),
randomization trial supply management systems
(RTMS), clinical analytics platform, electronic
clinical outcome assessment (ECOA), clinical
trial management systems (CTMS), clinical data
integration platforms, safety solutions and
electronic trial master files (ETMF), and
electronic data capture (EDC). By delivery mode,
the global eClinical solution market has been
segmented into web-hosted (on demand), licensed
enterprise (on-premise) and cloud-based
(SaaS). By end-users, the global eClinical
solution market has been segmented into academic
research organizations, consulting service
companies, medical device manufacturers,
hospitals, contract research organizations, and
pharmaceutical companies. Regional Analysis The
Americas had a market coverage of around 47.99
in 2017, with the regional market showing immense
possibilities of scoring a CAGR of 12.41 over
the review period. The regional market can be
segmented into North America and South America.
North America includes the US that has the
largest market coverage and Canada that has the
potential to showcase the highest growth rate of
9.98 during the forecast period. The
Asia-Pacific market has the potential to scale
significant height during the forecast period
owing to the huge population that resides in the
region. Also, significant amount of clinical
trials for diverse patient population and the
growth in the geriatric population can be taken
into consideration to get hold of the prospects
of the market. Japan and China are major market
contributors for the regional market.
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eClinical Solutions Market
Global Research Report - Forecast till 2027
Competitive Landscape Several companies in the
global eClinical solutions market has revealed
their intention to take the global market to the
next level. This is expected to happen with the
increasing strategic moves employed by them. MRFR
enlisted these companies to have a better
profiling of the market and understand trends
that can change the global market in the coming
years. These companies are PAREXEL International
Corporation, ERT Clinical, CRF Health,
BioClinica, Inc., Omnicomm Systems, Inc.,
DATATRAK International, Inc., Oracle Corporation,
Medidata Solutions, Inc., Merge Healthcare Inc,
and MaxisIT. Various methods like merger,
acquisition, collaboration, partnership, product
launch, and others have been included in the
global market study. In August 2019, HCL
Technologies and Oracle Health Sciences announced
their collaboration for mHealth in clinical
trials. This partnership is also expected to
improve the eClinical solution market. Key
Players The major players profiled by MRFR that
are operating in the global eClinical solutions
market are Oracle Corporation, Parexel
International Corporation, eClinical Solutions
Inc, Medidata Solutions Inc, Bioclinica Inc, CRF
Health, Datatrak International, Merge Healthcare
Inc, Omnicomm Systems Inc, Maxisit Inc, and ERT
Clinical. The innovative initiatives such as
advanced solution launch, strategic mergers and
acquisitions, and increased research and
development expenditure are aiding the players
to sustain the competition and expand their
businesses in the global eClinical solutions
market. Obtain Premium Research Report Details,
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eClinical Solutions Market
Global Research Report - Forecast till 2027
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