The eClinical solutions has been segmented into delivery mode, end-user, and clinical trial phase. Based on the segment which is delivery mode, the market is categorized on the basis of pharma/biotech companies and contract research organizations (CROs). The global market for eClinical solutions is further segmented based on end-user into web-based and cloud-based, and enterprise-based. Furthermore, the market, on the basis of clinical trial phase is segmented into Phase I, Phase II, and Others. Based on type, the eClinical solutions market is segmented into Clinical Data Management System (CDMS), Clinical Trial Management System (CTMS), Electronic Clinical Outcome Assessment (eCOA), Electronic Trial Master Files (eTMF), Randomization and Trial Supply Management (RTSM), Trial Safety & Regulatory.
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The eClinical solutions report offers comprehensive study of the eClinical solutions segments including delivery mode, end-user, and clinical trial phase. The analysts have also studied the eClinical solutions's spread across the regional markets across many of the eClinical solutions’s segments at country levels. The delivery mode, end-user, and clinical trial phase segments spread across the eClinical solutions along with the subsegments are studied. The global market for eClinical solutions is spread across various product and service based segments. The eClinical solutions research report highlights these key segments and offers forecasts based on primary and secondary data. The global eClinical solutions research report presents key company profiles of organizations active across the eClinical solutions.
Segmentation
The global eClinical solution market has been segmented based product, delivery mode, and end-users.
Product-wise segmentation of the global eClinical solution market includes clinical data management systems (CDMS), randomization & trial supply management systems (RTMS), clinical analytics platform, electronic clinical outcome assessment (ECOA), clinical trial management systems (CTMS), clinical data integration platforms, safety solutions and electronic trial master files (ETMF), and electronic data capture (EDC).
By delivery mode, the global eClinical solution market has been segmented into web-hosted (on demand), licensed enterprise (on-premise) and cloud-based (SaaS).
By end-users, the global eClinical solution market has been segmented into academic research organizations, consulting service companies, medical device manufacturers, hospitals, contract research organizations, and pharmaceutical companies.
Regional Analysis:
The Americas had a market coverage of around 47.99% in 2017, with the regional market showing immense possibilities of scoring a CAGR of 12.41 % over the review period. The regional market can be segmented into North America and South America. North America includes the US that has the largest market coverage and Canada that has the potential to showcase the highest growth rate of 9.98% during the forecast period.
The Asia-Pacific market has the potential to scale significant height during the forecast period owing to the huge population that resides in the region. Also, significant amount of clinical trials for diverse patient population and the growth in the geriatric population can be taken into consideration to get hold of the prospects of the market. Japan and China are major market contributors for the regional market.
Competitive Landscape:
Several companies in the global eClinical solutions market has revealed their intention to take the global market to the next level. This is expected to happen with the increasing strategic moves employed by them. MRFR enlisted these companies to have a better profiling of the market and understand trends that can change the global market in the coming years. These companies are PAREXEL International Corporation, ERT Clinical, CRF Health, BioClinica, Inc., Omnicomm Systems, Inc., DATATRAK International, Inc., Oracle Corporation, Medidata Solutions, Inc., Merge Healthcare Inc, and MaxisIT. Various methods like merger, acquisition, collaboration, partnership, product launch, and others have been included in the global market study.
In August 2019, HCL Technologies and Oracle Health Sciences announced their collaboration for mHealth in clinical trials. This partnership is also expected to improve the eClinical solution market.
Key Players:
The major players profiled by MRFR that are operating in the global eClinical solutions market are Oracle Corporation, Parexel International Corporation, eClinical Solutions Inc, Medidata Solutions Inc, Bioclinica Inc, CRF Health, Datatrak International, Merge Healthcare Inc, Omnicomm Systems Inc, Maxisit Inc, and ERT Clinical. The innovative initiatives such as advanced solution launch, strategic mergers and acquisitions, and increased research and development expenditure are aiding the players to sustain the competition and expand their businesses in the global eClinical solutions market.
1 Executive Summary
1.1 Market Attractiveness Analysis 15
2 Market Introduction
2.1 Definition 19
2.2 Scope Of The Study 19
2.3 Assumptions 19
2.4 Market Structure 19
3 Research Methodology
3.1 Research Process 20
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 23
3.5 Forecast Model 23
4 Market Dynamics
4.1 Introduction 24
4.2 Drivers 25
4.2.1 Increasing R&D Activities By Biopharmaceutical And Pharmaceutical Companies 25
4.2.2 Growing Expenditure In The Development Of Clinical Trials 25
4.2.3 Rising Burden Of Chronic Diseases 25
4.2.4 Increased Use Of Smart Devices For Healthcare Management 26
4.3 Restraints 26
4.3.1 Shortage Of Healthcare Professionals And Patients For Clinical Trials 26
4.3.2 Security And Confidentiality Of Data 26
4.4 Opportunities 27
4.4.1 Increasing R&D For Precision Medicine Will Strengthen The Market For EClinical Solutions 27
4.5 Mega Trends 27
5 Market Factor Analysis
5.1 Value Chain Analysis 28
5.1.1 Inputs 28
5.1.2 Software Development Process 29
5.1.3 Output 29
5.1.4 Marketing And Distribution 29
5.1.5 Post-Selling Services 29
5.2 Porter’s Five Forces Model 30
5.2.1 Threat Of New Entrants 30
5.2.2 Bargaining Power Of Suppliers 31
5.2.3 Bargaining Power Of Buyers 31
5.2.4 Threat Of Substitutes 31
5.2.5 Intensity Of Rivalry 31
5.3 Regulatory Framework 32
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