Healthcare

eClinical Solutions Market Size, Share, Growth and Manufacture Development Analysis by 2021-2027

The global eClinical Solutions market size is expected to surpass around US$ 16.36 billion by 2027 and the market is expected to garner growth at a CAGR of 13.6% over the forecast period 2021 to 2027.

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Growth Factors

Increase in the number of customers adopting eClinical solutions, rising Research and Development (R&D), and rise in government grants to authorize the clinical trials. These solutions are also used in clinical studies where electronic applications enabled with web tools are used to capture the real-time data from clinical trials that provide superior execution and escalate the eClinical solutions market growth.

Rising demand for clinical trials by biopharma and pharma companies boosts the industry demand. They offer services for large consumer base at low operating costs that again propel the eClinical solutions market growth. eClinical solutions also helps in organizing, tracking, and executing data from numerous geographical locations and also triggers the process of clinical development.

Factors such as real-time notifications, real-time reporting, real-time tracking, and configurable report building expected to augment the industry growth in the near future. In addition, eClinical solutions make electronic data capture, clinical data management, statistical programming, data conversion & standardization, and data reporting enormously easy that further drives the eClinical solutions market growth. These solutions also use products, technology, and services to offer clinical trials that reduce human errors and effectively manage large amount of data in real-time. Technological advancements in the eClinical solutions, globalization of clinical trials, enhancement in efficiency provided by eClinical solutions, and reduced costs are some of the main drivers of the eClinical solutions market.

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Market Overview

A recent study by Precedence Research on the eClinical Solutions market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the eClinical Solutions market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of eClinical Solutions. The study also provides the dynamics that are responsible for influencing the future status of the eClinical Solutions market over the forecast period.

A detailed assessment of the eClinical Solutions market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the eClinical Solutions market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • In 2019, North America captured the highest market value share owing to rising prevalence of lifestyle with several diseases such as cardiac disorder and diabetes
  • The Asia Pacific exhibits lucrative growth over the analysis period due to rising prevalence of chronic diseases such as cardiovascular conditions, cancer, and infectious diseases
  • Electronic Clinical Outcome Assessment (eCOA) estimated to be the fastest growing product segment over the analysis period due to rising importance of high-quality clinical data
  • By development phase, phase III segment lead the global market throughout the forecast period due to rising need for clinical data management software
  • Phase I likely to execute promising growth during the analysis period owing to increased importance of these systems to analyze future outcomes
  • Based on delivery mode, web-hosted solutions accounted maximum value share in 2019 due to its benefits that are usability, easy accessibility, and lower investments required
  • Cloud-based solutions predicted to exhibit strong growth during the analysis period due to integrated features such as high accessibility, flexibility, and easy data backup
  • CROs dominated the global market and expected to witness notable growth in the coming years owing to the rising concern of pharmaceutical companies to reduce their overall expenditure
  • Pharmaceutical and biotechnology companies expected to witness prominent growth over the forecast period.

Regional Snapshots

In 2019, North America held significant value share in the global eClinical solutions market owing to increase in the number of clinical trials in the region. Further, rising government grants for clinical trials, huge funding in R&D activities, technological advancements, along with significant rise in the lifestyle associated diseases are the key factors that propel the industry growth.

However, the Asia Pacific encountered an escalating CAGR over the forecast timespan due to the rising investment in R&D. The developing economies in the region such as China, India, and Korea have been pictured as the major destinations for outsourcing the clinical trials because of huge population-base along with low-cost services. Furthermore, lesser stringent laws compared to developed countries, increasing number of patients, and fast patient admission for clinical trials expected to augment the market growth in the region.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • PAREXEL International
  • Oracle Corp.
  • Bioclinica
  • Medidata Solution
  • DATATRAK
  • ERT Clinical
  • CRF Health
  • eClinicalWorks
  • OmniComm Systems
  • IBM Watson Health
  • eClinical Solutions

Segments Covered in the Report

By Product

  • EDC & CDMS
  • eCOA
  • Clinical Data Integration Platforms
  • CTMS
  • Safety Solutions
  • RTSM
  • Clinical Analytics platforms
  • eTMF

By Development Phase

  • Phase IV
  • Phase III
  • Phase II
  • Phase I

By Delivery Mode

  • Licensed Enterprise
  • Web-hosted
  • Cloud-based

By End-Use

  • CROs
  • Hospitals
  • Academic Institutes
  • Medical Device Manufacturers
  • Pharma & Biotech Organizations

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global eClinical Solutions market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for eClinical Solutions are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global eClinical Solutions Market, By Product

7.1. eClinical Solutions Market, by Product Type, 2020-2027
7.1.1. EDC & CDMS
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. eCOA
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Clinical Data Integration Platforms
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. CTMS
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Safety Solutions
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. RTSM
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Clinical Analytics platforms
7.1.7.1. Market Revenue and Forecast (2016-2027)
7.1.8. eTMF
7.1.8.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global eClinical Solutions Market, By Development Phase

8.1. eClinical Solutions Market, by Development Phase, 2020-2027
8.1.1. Phase IV
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Phase III
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Phase II
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Phase I
8.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global eClinical Solutions Market, By Delivery Mode

9.1. eClinical Solutions Market, by Delivery Mode, 2020-2027
9.1.1. Licensed Enterprise
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Web-hosted
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Cloud-based
9.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global eClinical Solutions Market, By End-Use

10.1. eClinical Solutions Market, by End-Use, 2020-2027
10.1.1. CROs
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Hospitals
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Academic Institutes
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Medical Device Manufacturers
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Pharma & Biotech Organizations
10.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global eClinical Solutions Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.1.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.1.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.1.5.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.1.6.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.2.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.2.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.2.5.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.2.6.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.2.7.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.2.8.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.3.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.3.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.3.5.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.3.6.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.3.7.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.3.8.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.4.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.4.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.4.5.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.4.6.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.4.7.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.4.8.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.5.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.5.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.5.5.4. Market Revenue and Forecast, by End-Use (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Development Phase (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Delivery Mode (2016-2027)
11.5.6.4. Market Revenue and Forecast, by End-Use (2016-2027)

Chapter 12. Company Profiles

12.1. PAREXEL International
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Oracle Corp.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Bioclinica
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Medidata Solution
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. DATATRAK
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. ERT Clinical
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. CRF Health
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. eClinicalWorks
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. OmniComm Systems
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. IBM Watson Health
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. eClinical Solutions
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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