Market Research Report
Global E-Clinical Solutions Market Research and Forecast, 2018-2023
|Published by||Orion Market Research Pvt Ltd||Product code||762885|
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|Global E-Clinical Solutions Market Research and Forecast, 2018-2023|
|Published: November 5, 2018||Content info:||
The global eclinical solutions market is expected to grow at a modest CAGR during 2018-2023. For faster and better execution of live data from clinical trials, web-based tools are employed which is an electronic application termed as eclinical solutions. E-clinical solutions are used in maintenance of healthcare data. Apart from that, they also improve communication within departments such as clinical investigators and site coordinators of medical affairs. The use of eclinical solutions has simplified the integrated eCRF (electronic case report form), real-time notifications, real-time reporting, acquisition of analytics and clinical research data, and device & drug tracking.
The global eclinical solutions market is growing at a very fast pace owing to the rising acceptance of software solutions during clinical trials, the increasing operational costs & regulatory requirements related to clinical research studies, the surge in R&D expenditure in pharmaceutical companies and so on. Though, high operational costs associated with e-clinical solutions and the lack of skilled research professionals mainly in the Asia-Pacific region are acting as a limitation agent in the growth of global eclinical solutions market. Further, concerns regarding patient data privacy are also one of the restraining factors in market growth.
Geographically market is divided into North America, Europe, Asia-Pacific and Rest of the World. North American region is dominating the global market followed by Europe owing to the increasing number of clinical trials being conducted in the region. Asia-Pacific region is growing at a very fast pace majorly owing to the growing outsourcing clinical trials especially across developing countries such as China, India, and Taiwan.
The Key Players in the global eclinical solutions market include Adroit Infosystems, Bioclinica, Inc., Bio-Optronics, Inc., Clinipace Worldwide, Inc., Datatrak International, Inc., DZS Software Solutions Inc., and Maxisit Inc. Partnership & collaboration, merger & acquisition, and product launch strategies are the key strategies adopted in the global eclinical solutions market to stay competitive in the market.
The market study of eclinical solutions market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include
The report is intended for medical device companies, private companies, research institutes, hospitals, and government organizations for overall market analysis, and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
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