Global eClinical Solutions Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global eClinical solutions market will account to an estimated USD 4.75 billion in 2018 growing at a CAGR of 12.45% during the forecast period of 2019 to 2026. 

eClinical Solutions Market

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Global eClinical Solutions Market

eClinical Solutions are used to improve the efficiency in research and development. They are usually used to manage trial data and reduce development cost. They also help in making fast decision making for new drugs and increase the efficiency. From past few years, there is increase adoption of the software solution in the clinical research.

Segmentation: Global eClinical Solutions Market

Global eClinical solutions market is segmented on the basis of product, delivery mode, clinical trial phase, end user and geography. By Product (Electronic Data Capture and Clinical Data Management Systems, Clinical Trial Management Systems, Clinical Analytics Platforms, Randomization and Trial Supply Management, Clinical Data Integration Platforms, Electronic Clinical Outcome Assessment Solutions, Safety Solutions, Electronic Trial Master File Systems, Regulatory Information Management Solutions, Other Eclinical Solutions), Delivery Mode (Web-Hosted Solutions, Licensed Enterprise  Solutions, Cloud-Based Solutions), Clinical Trial Phase (Phase I Clinical Trials, Phase II Clinical Trials, Phase III Clinical Trials, Phase IV Clinical Trials), End- User (Pharmaceutical and Biopharmaceutical Companies, Contract Research Organizations, Consulting Service Companies, Medical Device Manufacturers, Hospitals, Academic Research Institutes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Recent Development in the market

  • In February 2018, Oracle announced the launch new holistic, unified cloud-based eClinical solution whose aim is to bring quality and safety. This new platform will merge clinical development operations and information in a single environment. The main aim is to bring more drugs to the market in faster way.
  • In November 2017, Bioclinica, Inc. launched the Bioclinica Clinical Adjudication. This software will enable the independent adjudication of clinical events in association with the regulatory requirements governing clinical trials within all therapeutic areas.

Key Market Competitors:

Few of the major market competitors currently working in the eClinical solutions market are Oracle Corporation, Bioclinica.., PAREXEL International Corporation, OmniComm Systems, ERT Clinical., DATATRAK Int.., HumanTouch, LLC, eClinical Solutions LLC., Medidata Solutions Inc., Merge Healthcare Incorporated, and CRF Health., IBM Watson Health, MaxisIT

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