Title: eClinical Solutions Market Analysis Report, Growth, Trend, and Forecast, 2017-2024
1eClinical Solutions Market Analysis, Innovation
Trends and Current Business Trends by 2024
Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2 Regional Analysis of eClinical Solutions Market
- North America dominates the eClinical solutions
market owing to the rise in the number of
clinical trials in this region. Technological
advancements, huge funding in RD activities,
rising government grants for clinical trials, and
an increase in the lifestyle-related diseases are
factors driving the industry growth in this
region. Continuous product development and new
product launches by eClinical solution vendors
also result in a rise of the eClinical solutions
market in this region. - Asia Pacific is anticipated to grow at a rapid
rate over the forecast timespan due to the rising
investment in RD and development of emerging
economies. These emerging economies, such as
India, China, and Korea, have become major
destinations for the outsourcing of clinical
trials owing to the huge populations and also the
low-cost services they provide. Furthermore, the
presence of a large patient base, lesser
stringent laws as compared to developed
countries, and faster patient recruitment for
clinical trials shall augment the regional
growth.
3- Application Analysis of eClinical Solutions
Market - There is a rising demand for clinical trials by
pharma and biopharma companies, which boost the
industry demand. They provide services for a
large customer base at low operating costs, which
further drive the eClinical solutions market.
EClinical solutions also assist in tracking,
organizing, and executing this data from
different geographical locations and also
accelerate the process of clinical development.
They monitor the data at an individual patient
level or cross trial level, fueling the industry
growth. - Factors, such as real-time tracking, real-time
reporting, real-time notifications, and
configurable report building, are augmenting the
industry growth. Furthermore, eClinical solutions
make tasks, such as clinical data management,
electronic data capture, data conversion and
standardization, statistical programming, and
data reporting, extremely easy driving the
eClinical solutions market. - Eclinical solutions make use of technology,
products, and services to provide clinical
trials, which reduce human errors and manage a
large amount of clinical data with real-time
analysis. Technological advancements in the field
of eClinical solutions, improvement in efficiency
offered by eClinical solutions, globalization of
clinical trials, and reduced costs are the main
drivers of the eClinical solutions market.
4 Competitive Market Share of eClinical Solutions
Market
- The main players operating in the eClinical
solutions market include Oracle Corporation, ERT,
Parexel International Corporation, BioClinica,
CRF Health, eClinical Solutions, OmniComm
Systems, Datatrak International, Merge Health
Incorporated, and PHT Corporation. - These major players are engaged in strategies
such as agreements, partnerships, mergers and
acquisitions, and new product launches, and
collaborations to attain a competitive edge in
the eClinical solutions market.
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