eClinical Solutions Market

eClinical Solutions Market - Global Industry Insights,
Trends, and Opportunity Analysis, 2018-2026
eClinical solutions is used to improve the clinical development process through data
management and data analysis. It offers total transparency and utilization of the clinical and
operational data by providing data management software and customized data management
services, including electronic data capture (EDC), clinical reporting, clinical data repository
platform and data management and standardization. The advantages and applications of
eClinical software allows users to analyze, manage, integrate, and standardize all their clinical
and operational data with the help of integrated advanced visualization and analytical
capabilities. Software such as clinical trial managements system (CTMS) help users to comply
with government regulations, patient management, investigator management, budgeting, and
adverse event reporting system among others.
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The global eClinical solutions market was valued at US$ 3.5 billion in 2017 and is expected to
witness a robust CAGR of 11.2% over the forecast period (2018 – 2026).
Report includes chapters which deeply display the following deliverable about industry :
• eClinical Solutions Market Research Objective and Assumption
• eClinical Solutions Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• eClinical Solutions Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global eClinical Solutions Market , By Regions
• eClinical Solutions Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• eClinical Solutions Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• eClinical Solutions Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• eClinical Solutions Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Rapid Research and Development in eClinical field by biotechnology and pharmaceutical
companies is expected to drive growth of the eClinical solutions market
Various software application of clinical solutions are gaining acceptability in clinical trials,
which is supposed to be the key factor driving growth of the eClinical solutions market. The
other factors such as increasing government funding and rising R&D programs by biopharma
and pharmaceutical companies are expected to produce new products, which will further boost
growth in eClinical solutions market. Innovations and technological advances in the field of
software solutions will help in fuelling growth in the market over the forecast period. According
to U.S. National Library of Medicine, in last 20 years, there has been a significant increase in
the number of new clinical trials registered every year.
Extensive research and development has led the companies to outsource R&D activities from
other cheaper avenues. The independent service providers such as CROs are committed to
provide high quality and timely data, adhering to the regulatory guidleines and post-approval
regulatory requirements, which in turn facilitates in lowering the overall cost. For instance, in
2011, Pfizer entered into an agreement with Parexel and Icon. Under this agreement, Parexel
provided Pfizer with a range of clinical development services for five years.
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Key players operating in the eClinical solutions market include BioClinica Inc., CRF Health,
DATATRAK International Inc., eClinical Solutions Inc., MaxisIT Inc., Medidata Solutions Inc.,
Merge Healthcare Inc., OmniComm Systems Inc., Oracle Co., and PAREXEL International Co.
Increasing number of clinical trials in emerging economies due to lower operational costs is
expected to boost demand for eClinical solutions software. For instance, data from
ClinicalTrials.gov, showed that, in 2017, 36% of clinical trials were conducted in the U.S. and
47% in non-U.S. countries. Clinical trial data is significant for the quick development of new
treatments in a cost-effective manner. It is the most valuable asset for life sciences companies.
Companies outsource the intense administrative parts of research and regulatory and ethics
filings, to international countries for economical expenses and reducing cost and time.
Developing nations can often offer access to a larger number of patients, with quicker
enrollment, and in general a shorter trial timeline from start to finish. Moreover, increasing
number of clinical trials for various chronic diseases such as cancer is expected to fuel growth
of the eClinical solutions market.
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eClinical solutions is used to improve the clinical development process through data management and data analysis.

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