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(HomeGarden247.com, April 12, 2019 ) The eClinical Solutions combines the clinical technology expertise to help and to accelerate the clinical development process. The solution helps to enhance the utilization of clinical and operational data. These innovative eClinical technologies are essential to managing the clinical data requirements. They support faster to keep patient and practice data safe, secure, organized and fully accessible regardless of time and helps in reducing the development costs.
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The growth of the market can be attributed to increasing adoption of cloud computing and rising demand for improved data standardization and focus on improving and maintaining the quality of clinical trial procedures. Moreover, significant spending on clinical research and development by pharmaceutical and biopharmaceutical industries likely to add new opportunities for the global eClinical solutions market over the forecast period.
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The “Global eClinical Solutions Market Analysis to 2025” is a specialized and in-depth study of the healthcare industry with a focused global market trend. The report aims to provide an overview of global eClinical solutions market with detailed market segmentation by product, delivery mode, clinical trial phase, end user and geography. The global eClinical solutions market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
On the basis of product the market is segmented into clinical trial management systems, clinical data integration platforms, clinical analytics platforms , randomization and trial supply management, electronic data capture and clinical data management systems, electronic clinical outcome assessment solutions, electronic trial master file systems, regulatory information management solutions, safety solutions and other eClinical solutions.
The eClinical solutions market by delivery mode is segmented into on-premise and cloud-based. Clinical trial phase market is segmented into phase I clinical trial, phase II clinical trials, phase III clinical trials and phase IV clinical trials. Based on end user the market is segmented into Pharmaceutical & biopharmaceutical companies, contract research organizations, academic research institutes and others.
The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global eClinical solutions based on product, delivery mode, clinical trial phase and end user. It also provides market size and forecast till 2025 for overall eClinical solutions market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America followed by Europe, is expected to dominate the eClinical solutions market in the global arena due to the increasing R&D expenditure by pharma & biotech companies with improved IT budgets for drug development. The Asia-Pacific region is anticipated to show a significant growth rate over the next five years in the global eClinical solutions market due to the increasing pressure for reducing the cost and time consumed during clinical trial processes.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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The report also includes the profiles of key eClinical solutions manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are PAREXEL International Corporation, Oracle, Medidata Solutions, Inc., Bioclinica, DATATRAK Int., ERT Clinical, CRF Health, OmniComm Systems, Inc., Bio-Optronics, Inc., IBM Watson Health and others.
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