Press Release

Jan, 09 2024

Expanding Horizons: Europe's E-Clinical Solutions Market Thrives with Innovation, Efficiency, and Enhanced Healthcare

The Europe e-clinical solutions market pertains to adopting electronic technology and software systems in the healthcare industry for managing and conducting clinical trials and research. These solutions encompass various electronic systems and platforms, including electronic data capture, clinical trial management, patient-reported outcomes, and data analytics. They are used by pharmaceutical companies, contract research organizations, and academic institutions to streamline the clinical trial process, enhance data accuracy, and expedite drug development. As a critical segment of the healthcare technology sector, the Europe e-clinical solutions market is pivotal in advancing medical research and improving patient outcomes.

Access full Report @ https://www.databridgemarketresearch.com/reports/europe-eclinical-solutions-market

Data Bridge Market Research analyses that the Europe E-Clinical Solutions Market is expected to grow at a CAGR of 13.3% during the forecast period of 2023 to 2030 and is expected to reach USD 6,039.37 million by 2030 from USD 2,224.09 million by 2022.  The shift towards patient-centric trials and remote monitoring demands adaptable e-clinical solutions. This evolution underscores the vital role of technology in enhancing patient experience, ensuring real-time data access, and enabling efficient healthcare trials, aligning with the industry's focus on personalized and remote approaches to medical research.

Key Findings of the Study

Europe e-Clinical Solutions Market

Global collaboration in clinical research capabilities is expected to drive the market's growth rate

In the realm of clinical research, global collaboration has become pivotal. International collaborative efforts demand advanced e-clinical systems capable of managing diverse data from multiple regions while ensuring uniformity and consistency. These sophisticated solutions facilitate seamless communication, data sharing, and analysis across borders, fostering efficient research partnerships. In an era where cross-border studies are prevalent, these systems are fundamental, enabling researchers worldwide to work cohesively, driving innovation and progress in healthcare research. Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product (Electronic Data Capture and Clinical Trial Data Management Systems, Clinical Trial Management Systems, Clinical Analytics Platforms, Care Coordination Medical Records (CCMR), 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, and Others), Delivery Mode (Web-Hosted (On-Demand) Solutions, Licensed Enterprise (On-Premises) Solutions, and Cloud-Based (SAAS) Solutions), Clinical Trial Phase (Phase I, Phase II, Phase III, and Phase IV),  Organization Size (Small & Medium and Large), User Device (Desktop, Tablet, Handheld PDA Device, SmartPhone, and Others), End User (Pharmaceutical and Biopharmaceutical Companies, Contract Research Organizations, Consulting Service Companies, Medical Device Manufacturers, Hospitals, and Academic Research Institutes)

Countries Covered

Germany, France, U.K., Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, and the Rest of Europe.

Market Players Covered

Oracle (U.S.), Signant Health  (U.S.), MaxisIT (U.S.), Parexel International Corporation  (U.S.), Merative (India), Dassault Systèmes (France), Clario (U.S.), Mednet (U.S.), OpenClinica LLC  (U.S.), 4G Clinical  (U.S.),  Veeva Systems  (U.S.), Saama Technologies, LLC  (U.S.), Anju  (U.S.), Castor (Netherlands), Medrio, Inc.  (U.S), ArisGlobal  (U.S.), Advarra  (U.S.), eClinical Solutions, LLC (U.S.), Y-Prime LLC  (U.S.), RealTime Software Solutions LLC USA, Quretec (Finland), Research Manager  (New Zealand), Datatrack International  (U.K), IQVIA Inc.  (U.S.)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Segment Analysis:

The Europe e-clinical solutions market is segmented into six notable segments based on product, delivery mode, clinical trial phase, organization size, user device, and end user.

  • On the basis of product, the Europe e-clinical solutions market is segmented into electronic data capture and clinical data management, clinical trial management systems,  clinical analytics platforms, care coordination medical record (CCMR), 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, and others
  • On the basis of delivery mode, the Europe e-clinical solutions market is segmented into, web-hosted (on-demand) solutions, licensed enterprise (on-premises) solutions, and cloud-based (SAAS) solutions
  • On the basis of clinical trial phase, the Europe e-clinical solutions market is segmented into phase I, phase II, phase III, and phase IV
  • On the basis of organization size, the Europe e-clinical solutions market is segmented into small, medium and large
  • On the basis of user device, the Europe e-clinical solutions market is segmented into desktop, tablet, handheld PDA device, smart phone, and others
  • On the basis of end user, the Europe e-clinical solutions market is segmented into pharmaceutical and biopharmaceutical companies, contract research organizations, consulting service companies, medical device manufacturers, hospitals, and academic research institutes

Major Players

Data Bridge Market Research recognizes the following companies as the major Europe e-clinical solutions market players in Europe e-clinical solutions market are Oracle (U.S.), Signant Health (U.S.), MaxisIT  (U.S.), Parexel International Corporation  (U.S.), Merative (India), Dassault Systèmes (France), Clario (U.S.), Mednet (U.S.), OpenClinica, LLC  (U.S.).

Europe e-Clinical Solutions Market

Market Developments

  • In April 2023, Dassault Systèmes' Medidata subsidiary revealed that Lambda Therapeutics is integrating Medidata's cloud-based clinical solutions, including Rave EDC, Rave RTSM, and Rave Imaging. This strategic move aims to enhance data management, ensure data quality, and accelerate clinical trial efficiency, reinforcing Medidata's global presence in the industry
  • In March 2023, Clario introduced a cloud-based Image Viewer tool, simplifying the image viewing process for clinical trials. This innovation eliminates the need for multiple organizations to engage in complex image transfer procedures, reducing risks, delays, and errors. Clario's expanded service offering enhances efficiency and reliability in clinical trial management
  • In November 2022, Veeva Systems and Merck extended their 12-year partnership for another decade. Merck will prioritize Veeva's cloud-based solutions in industry-specific software development, influencing Veeva's product development and pricing strategy. This collaboration accelerates Merck's digital strategy and enhances its utilization of Veeva's products and services
  • In July 2022, Advarra's introduction of a cloud-based secure document exchange significantly expedited study startup processes, facilitating its expansion on the global stage. This innovative solution bolstered Advarra's international presence in the industry

Regional Analysis

Geographically, the countries covered in the Europe e-clinical solutions market report are Germany, France, U.K., Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, and the Rest of Europe.

As per Data Bridge Market Research analysis:

Germany is estimated to be the fastest-growing region in Europe e-clinical solutions market for the forecast period 2023-2030

Germany is expected to dominate the Europe e-clinical solutions market, driven by the increasing uptake of electronic data capture systems and cloud-based solutions. This adoption reflects a growing trend towards digitalization and efficiency in clinical research and trials across the region.  

For more detailed information about the Europe e-clinical solutions market report, click here – https://www.databridgemarketresearch.com/reports/europe-eclinical-solutions-market


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