DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Electronic Data Capture (EDC) Systems Market Analysis By Component, By Delivery Mode (Web Based, Licensed Enterprise, Cloud Based), By Development Phase (Phase I, II, III, IV), By End-use, And Segment Forecasts, 2014 - 2025" report to their offering.
The global electronic data capture (EDC) systems market is expected to reach USD 1.16 billion by 2025
The rising demand for software solutions in clinical trials, increasing R&D expenditure by companies in healthcare, supportive government initiatives to boost trials, and increasing number of potential customers implementing Electronic Data Capture (EDC) systems are some of the key factors contributing to the market growth.
The market is growing rapidly owing to the technological advancements in eClinical solutions and this is anticipated to serve this industry with future growth opportunities. Furthermore, increasing awareness pertaining to EDC solutions is predicted to fuel the demand in near future. Moreover, government organizations such as Agency for Healthcare Research and Quality and The Office of National Coordinator for Health Information Technology are promoting the adoption of electronic systems for data management. The aforementioned factors have resulted in the rising adoption of electronic data collection by pharmaceutical companies.
Moreover, increasing adoption of EDC systems by major pharmaceuticals to propagate clinical trials is predicted to provide this market with lucrative growth. For instance, in May 2016, Simbec-Orion Group selected Oracle's product, the Siebel Clinical Trial Management System, to strengthen its development processes and to expand its international operations & business. The system will provide efficient data capture and speed up the trial timelines. The strategies like this are anticipated to boost demand in coming years.
Key Topics Covered:
1 Research Methodology & Scope
2 Executive Summary
3 EDC Systems Market Variables, Trends & Scope
4 EDC Systems Market: Component Estimates & Trend Analysis
5 EDC Systems Market: Delivery Mode Estimates & Trend Analysis
6 EDC Systems Market: Development Phases Estimates & Trend Analysis
7 EDC Systems Market: End-use Estimates & Trend Analysis
8 EDC Systems Market: Regional Estimates & Trend Analysis, by Component, Delivery Mode, Development Phases, End-use
9 Competitive Landscape
- Oracle Corporation
- PAREXEL International Corporation
- Medidata Solution, Inc.
- DATATRAK International, Inc.
- Openclinica, LLC
- Clinical CLINIPACE, INC.
- Merge Healthcare Incorporated
- Omni Comm Systems, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/n8tsx3/electronic_data