E-clinical solution market is expected to grow at a CAGR of 12.8% during the forecast period. E-clinical solutions are software or applications used to track, manage, and record data related to clinical trials and clinical research. The e-clinical solutions provide solutions incorporated with advanced technologies expertise to support and accelerate the clinical development process. The increasing number of clinical trials by biopharma-pharma companies, rising R&D activities, growing customer base with the adoption of e-clinical solutions, and government grants for clinical trials adoption are the major factors boosting the growth of this market. For instance, The National Institutes of Health (NIH), part of the US Department of Health and Human Services (HHS) provides funds to awardees to conduct clinical trials involving human subjects. Every year NIH invests approximately $37.7 billion in clinical trials in medical research to improve human life, reduce illness and disability. Apart from this, the growth of this market can be attributed to the rising demand for improved data standardization and a focus on improving and maintaining the quality of clinical trial procedures.
Moreover, high operational and maintenance costs associated with e-clinical solutions and the lack of skilled research professionals are projected to hinder the growth of the global e-clinical solutions market. The innovations and developments in e-clinical solution software with less operating cost can create more opportunities in the global e-clinical solution market growth.
The global e-clinical solution market is segmented into deployment and end-user. Based on deployment, the market is segmented into web-based, cloud-based, and licensed enterprises. On the basis of end-user, the market is classified into pharmaceutical & biotechnology companies, medical device manufacturers, hospitals, clinical research organizations, and others.
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E-Clinical Solution Market Segmentation
By Deployment
- Web-Based
- Cloud-Based
- Licensed Enterprise
By End-User
- Pharmaceutical & Biotechnology Companies
- Medical Device Manufacturers
- Hospitals
- Contract Research Organizations
- Others (Academic Research Institutes)
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Adroit Infosystems, Inc.
- Advarra, Inc.
- Anju Software, Inc.
- Bioclinica
- Clinipace Inc.
- CRF Health Inc.
- Datatrak International, Inc.
- DZS Clinical Services
- Dassault Systèmes S.A. (Medidata Solutions, Inc)
- e-Clinical Solutions, LLC
- ERT Clinical
- MaxisIT Inc.
- Oracle Corp.
- Parexel International Corp.
- Saama Technologies, Inc.
- Veeva Systems Inc.
- XClinical GmbH
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