Global E-Clinical Solution Software Market Is Boosted By Surge In Number


Posted September 8, 2017 by manojkumkar

Global E-Clinical Solution Software Market is estimated to reach $10.6 billion by 2024; growing at a CAGR of 13.4% from 2016 to 2024.

 
Global E-Clinical Solution Software Market Report, published by Variant Market Research, forecast that the global market was valued at $3.9 Billion in 2016 and expected to reach $10.6 Billion by 2024, growing at a CAGR of 13.4% from 2016 to 2024. In geographical segments, Asia-Pacific and Europe are expected to grow at a CAGR of 18.3% and 13.8%, respectively, over the forecast period 2016 - 2024.

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The global e-clinical solution software market is majorly driven by increasing commonness chronic disease, growing spending on R&D, rise in need for data standardization, surge in number of outsourcing of clinical trials. Though, high price of execution and lack of expertise may hamper the growth of the market. Additionally, advancement in technology, innovations, and untapped market would provide growth opportunities for the market in the coming years.

The global e-clinical solution software market has been categorized into mode of delivery, product, end-user, and geography. Mode of delivery comprises into enterprise licensed, web based e-clinical solution software, and cloud based e-clinical solution software. Product segment includes clinical trial management system, clinical data management, electronics clinical outcome assessment solution, safety solution, randomization and trail supply management, and other products. Furthermore, end-user consists clinical research organization, pharmaceuticals, and healthcare providers.

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Among product type segments, clinical data management held for the major share in 2016. In mode of delivery segment, web based e-clinical solution software dominated for the highest market share in 2016, followed by cloud based e-clinical solution software. Moreover, clinical research organization is predicted to dominate the market with the fastest CAGR during forecast period 2016 – 2024.

North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions covered in the report. Among which, North America and Europe accounted for the maximum market share in 2016, with 57.6% and 26.7%, respectively. In terms of growth, Asia-Pacific is anticipated to dominate the market with fastest CAGR during the forecast period 2016 – 2024., owing to, improving healthcare infrastructure, presence of large population base, and adoption of advanced technologies.

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The major key companies operating in the market comprise Medidata Solutions, Inc., Bio-Optronics, Inc., eClinical Solutions, Inc., PAREXEL International Corporation, Oracle Corporation, DATATRAK International, Inc., OmniComm Systems, ERT, CRF Health Inc., and BioClinica Inc., among others.

Scope of the Global E-Clinical Solution Software Market

Product Segments

Clinical Data Management
Clinical Trial Management System
Electronics Clinical Outcome Assessment Solution
Randomization and Trial Supply Management
Safety Solution
Other Products
Mode of delivery Segments

Web Based E-Clinical Solution Software
Enterprise Licensed
Cloud Based E-Clinical Solution Software
End-User Segments

Pharmaceuticals
Clinical Research Organization
Healthcare Providers
Geography Segments

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Other
Asia-Pacific 
China
Japan
India
South Korea
Others
RoW
South America
Middle East
Africa
About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

 For further information, visit https://www.variantmarketresearch.com

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Issued By Manoj Kumkar
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Country United States
Categories Medical
Tags forecast , industry , market size , trend
Last Updated September 8, 2017