E-Clinical Solution Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry Insights by Type (Products, Professional Services), by Products (CTMS, EDC/ CDMS, Safety Solution, eCOA Solution, RTSM Solution), by Delivery Mode (Web based E-Clinical Solution, On-Premise E-Clinical Solution, Cloud based E-Clinical Solution) by End Users (Healthcare Providers, Pharmaceutical and Biotechnology Companies, Clinical Research Organizations)
The global eClinical solutions market is estimated to reach 7.61 Billion by 2022, at a CAGR of 12.4% during the forecast period (2017-2022). The adoption of novel software solutions during clinical research and rising government funding to support clinical trials are key factors fueling the growth of the market. Furthermore, increased outsourcing of clinical trial processes by industrial researchers to contract research organizations (CROs) offers growth opportunities for market players. The electronic data capture (EDC) and clinical data management system (CDMS) segment accounted for the largest share of the global eClinical solutions market in 2016. The electronic clinical outcome assessment (eCOA) segment is expected to achieve the highest CAGR during the forecast period. The increasing demand for eDiaries in clinical studies to collect patient self-reports by major pharmaceutical companies and the use of mobile and digital technologies are driving the growth of this marke...