Global E-clinical Solution Software Market: Overview
The e-clinical solutions are helpful in collecting the clinical research data and managing it using advanced technology. The different types of e-clinical solution software that are available in the global market are web-based solution software, cloud-based solution software, and licensed enterprise solution software. In the coming years, the market will develop cloud-based e-clinical solution software that will increase its demand.
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Global E-clinical Solution Software Market: Segmentation
The e-clinical solution software market is globally segmented into its product, delivery mode, clinical trial phase, and end user. On the basis of product, the global market is segregated into electronic data capture and clinical data management systems, clinical analytics platform, clinical data integration platform, safety solutions, regulatory information management solutions, clinical trial management systems, randomization and trial supply management, electronic clinical outcome assessment, electronic trail master files, and others. Based on the delivery mode, the market is categorized into cloud-based, web-hosted, and licensed enterprise. Depending on the clinical trial phase, the market is divided into Phase I, II, III, and IV. The different end-users that utilize in the e-clinical solution are contract research organizations, medical device manufacturers, academic research institutions, pharmaceutical and biopharmaceutical companies, consulting service companies, and hospitals.
Global E-clinical Solution Software Market: Growth Factors
The increasing demand for the discovery of new drugs with the help of clinical trials and research and development expects to augment the growth of the global e-clinical solution software market. The market is also driven due to the growing need for standardization of data and efficient data management. The e-clinical solution software provides the following benefits such as improved productivity of drugs and reduced time during clinical trials coaxes several end users to adopt latest technologies. The top end-users in the global e-clinical solution software market are the healthcare sector, clinical research organizations (CROs), and the pharmaceutical sector. The pharmaceutical sector will dominate the global market as a number of market players are focusing on developing an improved and new line of drugs.
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Global E-clinical Solution Software Market: Regional Analysis
The global e-clinical solution market is diversified into regions such as Asia Pacific, North America, Europe, and Rest of the World. North America dominates the overall market owing to the increasing preference of institutes and organizations toward advancement in the technology. Rise in the number of clinical trials, the increasing investments made by the governments to digitize the clinical solutions, and growth of pharmaceutical companies are some factors that expect to make a major impact on the e-clinical software market in the North American region. Asia Pacific will show a steady progress in the global market owing to the huge patient base. The medical tourism industry has emerged in this region and the maturing clinical research organizations (CROs) estimate to have a positive influence on the regional market growth.
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Global E-clinical Solution Software Market: Competitive Players
Some of the key market players that are involved in the e-clinical solution software market include Medidata Solutions, Inc., BioClinica, Inc., DATATRAK International, Inc., MaxisIT Inc., eClinical Solutions, Inc., OmniComm Systems, Inc., PAREXEL International Corporation, CRF Health, ERT, Bio-Optronics, Inc., and Merge Healthcare Incorporated.
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