The global eClinical solutions market is projected to reach $5.0 billion by 2028, at a CAGR of 7.5% during 2023-2028. The growth of eClinical solutions market is driven by growing number of clinical trials, increasing requirement for data processing and monitoring, and favourable government support and funding for clinical trials.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the eClinical solutions market by
product (electronic data capture (EDC) & clinical data management systems
(CDMS), clinical trial management systems (CTMS), clinical analytics platforms,
and Others), delivery mode (web-hosted models, licensed enterprise models, and
cloud-based models), clinical trail (Phase I, Phase II, Phase III, and Phase
IV), end use (pharmaceutical & biopharmaceutical companies, contract
research organizations, consultancy service companies, and Others), and region?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the eClinical solutions market?
Q.4 What are some
changing demands of customers in the eClinical solutions market?
Q.5 What are the new
developments in the eClinical solutions market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this eClinical solutions area and how big
of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this eClinical solutions market?
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Market Segmentation:
Based on product, the
eClinical solutions market is segmented into electronic data capture (EDC)
& clinical data management systems (CDMS), clinical trial management
systems (CTMS), clinical analytics platforms, and Others. The electronic data
capture (EDC) & clinical data management systems (CDMS) segment accounted
for the largest share of the market in 2023 and is expected to register the
highest CAGR during the forecast period, due to the increasing need for data standardization
to meet regulatory requirements and growing R&D expenditure by
pharmaceutical companies.
North America will
remain the largest region due to the increasing prevalence of chronic diseases,
growing government grants to support clinical trials, and continuous product
development by eClinical solution providers in the region.
Key Players in the
eClinical solutions market are Parexel International Corporation, Dassault
Systèmes, Clario, Datatrak International, Signant Health, 4G Clinical, MaxisIT
IBM Watson Health, eClinical Solutions LLC, and Veeva Systems.
Request Sample Pages by clicking on https://www.lucintel.com/eclinical-solutions-market.aspx.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/eclinical-solutions-market.aspx.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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