TechnoMark News

eClinical Solutions Market is estimated to be over US$ 4.0 Bn in 2017. It is anticipated to grow at a CAGR of 13.0% from 2019 to 2030. The continual growth of the eClinical Solutions Market can be attributed to increasing R&D expenditure in Pharmaceutical and Biotechnology companies, rising government funding and grants for clinical trials, growing adoption of eClinical Solutions to streamline R&D and clinical trial activity. Moreover, increasing government expenditure on clinical trials to provide better healthcare has been a major factor to contribute to the substantial growth of the global hospital eClinical Solutions system market between 2019 and 2030. Major Key Players of the eClinical Solutions Market are: Oracle Corporation, EClinical Solutions, LLC, Parexel International Corporation, Bioclinica, Inc., Datatrak International Inc.,  ERT Clinical, Medidata solutions, Merger Healthcare Incorporated, Omnicomm Systems, Inc. and NextGen Healthcare among others. Read More ...

The global eClinical Solutions market is driven by increasing R&D expenditure in Pharmaceutical and Biotechnology companies, rising government funding and grants for clinical trials, growing adoption of eClinical Solutions to streamline R&D and clinical trial activity. However, high cost related to eClinical Solutions and lack of awareness & reluctance to adopt new technology is likely to restrain the market to certain extent. The global eClinical Solutions market is segmented by product, mode of delivery, clinical trials, end users and region. On the basis of Product, the eClinical Solutions market is segmented into Clinical Trial Management Systems (CTMS), Clinical Analytics Platform, Clinical Data Integration Platform, Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS), Randomization and Trial Supply Management (RTMS), Electronic Clinical Outcome Assessment (eCOA), Electronic Trail Master File (eTMF), Safety Solutions, and Other eClinical Solutio...