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Global eClinical Solutions Market Report 2022: Rising Research and Development Activities by Biopharma and Pharma Companies Driving Growth - ResearchAndMarkets.com

Global eClinical Solutions Market Report 2022: Rising Research and Development Activities by Biopharma and Pharma Companies Driving Growth - ResearchAndMarkets.com

By AP News
Published - Nov 15, 2022, 07:26 AM ET
Last Updated - Jun 23, 2023, 02:38 PM EDT

DUBLIN--(BUSINESS WIRE)--Nov 15, 2022--

The "Global eClinical Solutions Market (2022-2027) by Products, Delivery Mode, Development Phase, End-Users, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global eClinical Solutions Market is estimated to be USD 7.71 Bn in 2022 and is expected to reach USD 14.84 Bn by 2027, growing at a CAGR of 14%

Market Dynamics

Drivers

  • Rising Research and Development Activities by Biopharma and Pharma Companies
  • Increasing InCorp. of Software Solutions for Clinical Trials
  • Government Funding & Grants Support Clinical Trials
  • Increasing Adoption of eClinical Solutions for Data Standardization

Restraints

  • High Implementation Costs

Opportunities

  • Outsourcing of Clinical Trial Processes by Many Industrial Researchers
  • Rising Number of Clinical Trials
  • Shift Observed from Manual Work to Real-Time Data Analysis in Laboratories

Challenges

  • Software Reliability Concerns and Patient Privacy Issues
  • Lack of Skilled Professionals for Operating eClinical Solutions

Market Segmentations

The Global eClinical Solutions Market is segmented based on Products, Delivery Mode, Development Phase, End-Users, and Geography.

  • By Products, the market is classified into Clinical Analytics Platforms, Clinical Data Integration Platforms, CTMS, ECOA, EDC & CDMS, eTMF, RTSM, and Safety Solutions.
  • By Delivery Mode, the market is classified into Cloud-Based, Licensed Enterprise, and Web-Hosted.
  • By Development Phase, the market is classified into Phase I, Phase II, Phase III, and Phase IV.
  • By End-Users, the market is classified into Academic Institutes, Hospitals, Medical Device Manufacturers, Pharma & Biotech Organizations, and Contract Research Organizations.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global eClinical Solutions Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global eClinical Solutions Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global eClinical Solutions Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global eClinical Solutions Market, By Products

7 Global eClinical Solutions Market, By Delivery Mode

8 Global eClinical Solutions Market, By Development Phase

9 Global eClinical Solutions Market, By End-Users

10 Americas' eClinical Solutions Market

11 Europe's eClinical Solutions Market

12 Middle East and Africa's eClinical Solutions Market

13 APAC's eClinical Solutions Market

14 Competitive Landscape

15 Company Profiles

16 Appendix

Companies Mentioned

  • 4G Clinical, LLC
  • Acceliant
  • Anju Software, Inc.
  • ArisGlobal, LLC
  • Castor EDC
  • CIMS Global (IBM Corp.)
  • Clario
  • CRFWEB (Clindox)
  • DataTrak International, Inc.
  • eClinical Solutions, LLC
  • eClinicalWorks
  • MaxisIT Inc.
  • Medidata Solutions, Inc.
  • Mednet
  • Medrio, Inc.
  • Merative (IBM Corp.)
  • Oracle Corp.
  • Parexel International Corp.
  • Saama Technologies, LLC.
  • Veeva Systems Inc.

For more information about this report visit https://www.researchandmarkets.com/r/4faitp

View source version on businesswire.com:https://www.businesswire.com/news/home/20221115005950/en/

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KEYWORD:

INDUSTRY KEYWORD: HEALTH TECHNOLOGY OTHER HEALTH SOFTWARE CLINICAL TRIALS BIOTECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2022.

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