According to the latest report by IMARC Group, titled “eClinical Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global eClinical solutions market size reached US$ 7.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.2 Billion by 2027, exhibiting a growth rate (CAGR) of 12.84% during 2022-2027.This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Market Outlook:

eClinical solution is a software-based program that combines clinical technology and expertise to help life sciences organizations accelerate their clinical development processes. These solutions are used to record data in real-time and automate and conduct clinical trials. The system aids in analyzing, managing, maintaining, and recording clinical data. It consists of randomization and trial supply management (RTSM), clinical trial management system (CTMS), and clinical data management system (CDMS). Moreover, the eClinical solution functions with web-based applications and can be installed on-premises or deployed through cloud-based platforms. Currently, they are widely employed across diagnostic centers, hospitals, clinics, and other healthcare institutions.

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Market Trends:

The global eClinical solutions market is primarily accelerated by rapid improvements in the healthcare infrastructure, especially in developing regions, due to the implementation of favorable government policies. Additionally, the increasing demand for eClinical solutions across the biopharmaceutical industries to seek regulatory approvals for newly developed medicines and drugs is bolstering the market growth. In line with this, the rising incorporation of software solutions in clinical trials and surging investments in healthcare IT solutions are creating a positive outlook for the market. Moreover, the integration of the Internet of Things (IoT) with medical devices and the increasing trend of outsourcing clinical trials to contract research organizations (CROs) are boosting the market growth.

Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global eClinical solutions market has been studied in the report with the detailed profiles of the key players operating in the market.

Anju Software Inc.
Bioclinica (Merged with ERT Clinical)
Bio-Optronics Inc. (Advarra Inc.)
DATATRAK International Inc. (OTCMKTS: DTRK)
eClinical Solutions LLC
eClinicalWorks
International Business Machines Corporation (NYSE: IBM)
Medidata Solutions (Dassault Systèmes) (OTCMKTS: DASTY)
Oracle Corporation (NYSE: ORCL)
PAREXEL International Corporation
Signant Health

eClinical Solutions Market Segmentations:

Breakup by Product:

eCOA
EDC and CDMS
Clinical Data Integration Platforms
Safety Solutions
CTMS
RTSM
eTMF
Clinical Analytics Platforms

Breakup by Delivery Mode:

Web-hosted (On-demand)
Licensed Enterprise (On-premises)
Cloud-based

Breakup by Development Phase:

Phase I
Phase II
Phase III
Phase IV

Breakup by End Use:

Hospitals
Contract Research Organization
Academic Institutes
Pharma and Biotech Organizations
Others

Geographical Analysis:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us: 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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