The Global eClinical solutions Market will Hit $20.1 Billion by 2028, at a CAGR of 13.6%

Published Date: 31-Aug-2022

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eClinical solutions Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global eClinical solutions Market size is expected to reach $20.1 billion by 2028, rising at a market growth of 13.6% CAGR during the forecast period.

The Web-based (on-demand) Model market acquired the maximum revenue share in the Global eClinical Solutions Market by Delivery Mode in 2021, thereby, achieving a market value of $10.7 billion by 2028. The domination of the segment is the result of the benefits including ease of use, usability, and inexpensive initial investment. Because web-hosted items are highly adaptable, providers can alter the way that information is presented to different user groups. These products also have a higher degree of interoperability.

The Phase II market would showcase a CAGR of 13.8% during (2022 - 2028). This is because of an increasing number of medications successfully advancing to phase III. This is due to the significance of these systems in predicting future outcomes and eliminating medication candidates with the lowest likelihood of success.

The CDMS/EDC Solutions market is leading the Global eClinical Solutions Market by Product in 2021, thereby, achieving a market value of $6.9 billion by 2028. This is due to the high quality of information captured, streamlined data collection processes, and availability of effective data analysis. A crucial stage in clinical research is clinical data management (CDM), which produces high-quality, trustworthy, and statistically sound data from clinical trials. This significantly shortens the period of time between drug development and launch.

The Contract Research Organizations market would experience a CAGR of 14% during (2022 - 2028). This is the result of the pharmaceutical companies' propensity to cut overall spending, improve clinical trials, and streamline research workload. The advantages of outsourcing clinical trials to CROs are the driving force behind this market's rapid expansion.

The Asia Pacific market dominated the Global eClinical Solutions Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.0 billion by 2028. The Europe market is experiencing a CAGR of 13.1% during (2022 - 2028). Additionally, The North America market is estimated to grow at a CAGR of 12.9% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Oracle Corporation, Anju Software, Inc., eClinical Solutions LLC, Castor EDC, Signant Health, Dassault Systemes SE, Parexel International Corporation (Phoenix Parentco, Inc.), Clario, BSI Life Sciences (Business Systems Integration AG) and MedNet Solutions

Global eClinical solutions Market Segmentation

By Delivery Mode

  • Web-based (on-demand) Model
  • Licensed enterprise (on-premise) Model
  • Cloud-based (saas) Model

By Product

  • CDMS/EDC Solutions
  • CTMS Solutions
  • Analytics & Reporting Platforms
  • Safety Solutions
  • Integration Platforms
  • RTMS Solutions
  • eCOA Solutions
  • Others

By Clinical Trials Phase

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

By End User

  • Pharmaceutical & Biopharmaceutical Companies
  • Academic Research Institutions
  • Hospitals
  • Contract Research Organizations
  • Medical Device Manufacturers
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Oracle Corporation
  • Anju Software, Inc.
  • eClinical Solutions LLC
  • Castor EDC
  • Signant Health
  • Dassault Systemes SE
  • Parexel International Corporation (Phoenix Parentco, Inc.)
  • Clario
  • BSI Life Sciences (Business Systems Integration AG)
  • MedNet Solutions

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America eClinical solutions Market size & Opportunities 2022-2028

Europe eClinical solutions Market & Growth Forecast 2022-2028

Asia Pacific eClinical solutions Market Share & Industry Outlook to 2028

LAMEA eClinical solutions Market Growth, Trends & Forecasts 2022-2028

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