North America Electronic Clinical Outcome Assessment (eCOA) Market is Expected to Grow with 15.8% in the Forecast Period of 2020 to 2027

North America Electronic Clinical Outcome Assessment (Ecoa) Market is growing with factors such as growing acceptance of eCOA among clinical research professionals and paradigm shift toward electronic data capturing from paper-based procedures. However, implementation bring your own device (BYOD) technology in clinical trials and uncertainty and lack of awareness regarding potential regulatory challenges are some of the factors that are acting as restraints and may obstruct the growth of the market in the given forecast period.    

North America Electronic Clinical Outcome Assessment (eCOA) Market Scenario       

According to Data Bridge Market Research, the market for electronic clinical outcome assessment (eCOA) in the U.S. has the highest market share followed by Canada & Mexico. Market leader is Oracle which accounts an estimated market share of approximately 15.80% in the North America. The company has gained outstanding sales through providing healthcare IT services.       

For instance,

  • In February 2020, Oracle launched its Oracle cloud system in five new local regions namely Australia (Melbourne), Japan (Osaka), Saudi Arabia (Jeddah), The Netherlands (Amsterdam) and Canada (Montreal). This market expansion will help Oracle in bringing more consumers towards its cloud based applications which in return will increase its revenue.

North America Electronic Clinical Outcome Assessment (eCOA)  MarketTrends Impacting the Market

Now the question is which are the other regions that Oracle, Parexel International Corporation and ERT Clinical are targeting? Data Bridge Market Research has estimated a large share in the U.S. in North America electronic clinical outcome assessment (eCOA) market and the market leaders targeting the Canada and Mexico to be their next revenue pockets for 2020.     

Electronic clinical outcome assessment (eCOA) market is becoming more competitive with companies such as Oracle, Parexel International Corporation and ERT Clinical. These are the top dominating companies in electronic clinical outcome assessment (eCOA) market which have maximum number of electronic clinical outcome assessment (eCOA) products and receiving large FDA & CE mark approval for launching new products in the market.  

For more analysis on the North America electronic clinical outcome assessment (eCOA) market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=north-america-electronic-clinical-outcome-assessment-ecoa-market

North America Electronic Clinical Outcome Assessment (eCOA) Market Developments 

  • In November 2019, OmniComm Systems, Inc., launched a new product for complementing their eClinical suite namely IRT Master Version 5.2. The product enables the randomization & screening of the subject along with clinical supply management among others. The launch of this new advanced product helped in the enhancement of the product portfolio and hence increased the market growth. 
  • In July 2019, OmniComm Systems entered into a merger with Anju Software a leading software development company. This merger proved to be beneficial for OmniComm Systems as it has added many new products to its portfolio and hence will attract more consumers in the future.

Scope of the North America Electronic Clinical Outcome Assessment (eCOA) Market 

North America electronic clinical outcome assessment (eCOA) market is segmented on the basis of countries into the U.S., Canada and Mexico.  

  • All country based analysis of North America electronic clinical outcome assessment (eCOA) market is further analyzed based on further segmentation. North America electronic clinical outcome assessment (eCOA) market on the basis of product is segmented into on-premise solutions, cloud based solutions and web based solutions. On the basis of approach, the electronic clinical outcome assessment (eCOA) market is segmented into clinician reported outcome assessment (CLINRO), patient reported outcome assessment (PRO), observer reported outcome assessment (OBSRO) and performance outcome assessment (PERFO). On the basis of end user, the electronic clinical outcome assessment (eCOA) market is segmented into commercial service providers, hospitals and transplant centers and research laboratories and academic institutions. On the basis of platform, the electronic clinical outcome assessment (eCOA) market is segmented into contract research organizations, pharmaceutical and biopharmaceutical companies, medical device manufacturers, hospitals and clinical laboratories, consulting service companies, research and academia and others.   

To know more about the study: https://www.databridgemarketresearch.com/reports/north-america-electronic-clinical-outcome-assessment-ecoa-market

Key Pointers Covered in North America Electronic Clinical Outcome Assessment (eCOA) Market Industry Trends and Forecast to 2027

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries

Key Market Competitors Covered in the Report

  • Bioclinica
  • Signant Health
  • eClinical Solutions LLC.
  • ERT Clinical
  • Kayentis
  • Omnicomm
  • Parexel International Corporation
  • YPrime LLC
  • Clinical Ink
  • IBM Corporation
  • Oracle
  • WIRB-Copernicus Group 

Above are the key players covered in the North America electronic clinical outcome assessment (eCOA) market report, to know about more and exhaustive list of electronic clinical outcome assessment (eCOA) companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=north-america-electronic-clinical-outcome-assessment-ecoa-market

Research Methodology:  North America Electronic Clinical Outcome Assessment (eCOA) Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Researchers, Scientists, Lab Technicians, Healthcare Professionals, Doctors
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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