DUBLIN--(BUSINESS WIRE)--The "eClinical Solutions Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global e-clinical solutions market is expected to grow from $5.97 billion in 2021 to $7.00 billion in 2022 at a compound annual growth rate (CAGR) of 17.2%. The e-clinical solutions market is expected to grow to $11.60 billion in 2026 at a CAGR of 13.5%.
The e-clinical solutions market consists of sales of e-clinical solutions and services by entities (organizations, sole traders, partnerships) that are used in the clinical development process by combining clinical technology expertise. e-Clinical solutions refer to the use of computerized solutions and related procedures to aid clinical trial operations by automating previously laborious tasks. e-Clinical has evolved to include a wide range of technologies that aim to help with one or more phases of clinical trials, from planning through submissions and data mining.
The main types of e-clinical solutions are electronic data capture (EDC) and clinical data management systems (CDMS), clinical trial management systems (CTMS), clinical analytics platforms, randomization and trial supply management (RTSM), clinical data integration platforms, electronic clinical outcome assessment (ECOA), safety solutions, and electronic trial master file (ETMF).
The Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS) markets refer to a program that allows a person to capture and collect clinical documents. The various delivery modes include web-based, cloud-based, and enterprise-based, which have various development phases such as phase I, phase II, phase III, and phase Iv. It is employed in several sectors, such as pharmaceutical and biopharmaceutical companies, contract research organizations, consulting service companies, medical device manufacturers, hospitals, and academic research institutions.
North America was the largest region in the e-clinical solutions market in 2021. The regions covered in the e-clinical solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The e-clinical solutions market research report is one of a series of new reports that provides e-clinical solutions market statistics, including global market size, regional shares, competitors with a e-clinical solutions market share, detailed e-clinical solutions market segments, market trends and opportunities, and any further data you may need to thrive in the e-clinical solutions industry. This e-clinical solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Increasing research and development expenditure on drug development pipelines by pharma-biotech companies is expected to propel the growth of the e-Clinical solutions market going forward. Companies are undergoing research and development on e-clinical solutions for drug development to strengthen their position.
For instance, in 2020, Incyte, a US-based biopharmaceutical company, increased its R&D cost for drug development to $2.216 billion. They amounted to $1.1 billion in 2019. However, the majority of the rise was due to an increase in clinical research and outside services. The company spent $677 million on these goods in 2019. The sum grew to $1.701 billion in the year 2020. Therefore, the increase in spending on R & D on drug development is driving the growth of e-Clinical solutions.
Technological advancements have emerged as the key trend gaining popularity in the e-Clinical solutions market. Key players operating in the e-Clinical solutions sector are focusing on the use of advanced technologies to meet consumer demand.
The countries covered in the e-clinical solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major players in the e-clinical solutions market are
- Anju Software Inc.
- BioClinicia Inc.
- Parexel International Corporation
- CRF Health
- Dassault Systemes
- Datatrak International Inc.
- Eclinical Solutions LLC
- ERT Clinical
- IBM Watson Health
- Medidata Solutions Inc.
- Omnicomm Systems Inc.
- Veeva Systems Inc.
- Mednet Solutions
- Cinven
Key Topics Covered:
1. Executive Summary
2. e-Clinical Solutions Market Characteristics
3. e-Clinical Solutions Market Trends And Strategies
4. Impact Of COVID-19 On e-Clinical Solutions
5. e-Clinical Solutions Market Size And Growth
5.1. Global e-Clinical Solutions Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global e-Clinical Solutions Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. e-Clinical Solutions Market Segmentation
6.1. Global e-Clinical Solutions Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS)
- Clinical Trial Management Systems (CTMS)
- Clinical Analytics Platforms
- Randomization and Trial Supply Management (RTSM)
- Clinical Data Integration Platforms
- Electronic Clinical Outcome Assessment (eCOA)
- Safety Solutions
- Electronic Trial Master File (eTMF)
6.2. Global e-Clinical Solutions Market, Segmentation By Development Phase, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Phase I
- Phase II
- Phase III
- Phase IV
6.3. Global e-Clinical Solutions Market, Segmentation By Delivery Mode, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Web-Based and Cloud-Based
- Enterprise-Based
6.4. Global e-Clinical Solutions Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Pharmaceutical and Biopharmaceutical Companies
- Contract Research Organizations
- Consulting Service Companies
- Medical Device Manufacturers
- Hospitals
- Academic Research Institutions
7. e-Clinical Solutions Market Regional And Country Analysis
7.1. Global e-Clinical Solutions Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global e-Clinical Solutions Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
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