eClinical Solutions Market, By Deployment Type (Electronic Data Capture, Electronic Clinical Outcome Assessment, Clinical Data Management System, and Clinical Trial Management System, Clinical Analytics Platform, Randomization and Trial Supply Management, Electronic Trial Master File and Others), By Mode of Delivery(Web/Cloud based System and On Premise System), By End user (Pharmaceutical And Biotech Companies, Hospitals, Clinical Research Organizations, Medical Device Manufacturers and Others) and By Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI3118 | Publish Date: May 2024 | No. of Pages: 168

Global EClinical Solutions Market By Overview

EClinical Solutions Market size was valued at about USD 10.9 Billion in 2024 and is expected to grow at CAGR of 13.5% to extend a value of USD 34.5 Billion by 2034.

eClinical solutions are a set of different technology, products, and services that are utilized to automate the overall operations of clinical trials process and to minimize the use of manual process and methods which are error prone. Various advantages of these solutions offers  efficient clinical data management, easier accessibility to large data from single point, remove duplication of data and activities, saves crucial time of clinical trials operations by providing automated systems instead of paper driven procedures which results into faster pace of operation and shorter time of drug development.

eClinical Solutions Market

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Global EClinical Solutions Market By Drivers & Restraints

Increasing Prevalence of Chronic Disease

Important driver responsible for growth of eClinical solution market are increasing prevalence of chronic disease such as cancer, COPD, diabetes and cardiovascular disease. Further, incremental growth in research and development activities by major pharmaceutical and biotech firms to find disease modifying treatment also supports eClinical solution market. International Federation of Pharmaceutical Manufacturer and Association report in 2017 stated that pharmaceutical and biotech industry together invested around US$ 149.8Bn carrying drug development process. Moreover, approximately 7,000 compounds in preclinical stage of development at present, around 56 new drugs were launched in the year 2015 and around 225 new chemical and biological entities were launched between 2011 and 2015.

Further, rising number of government and institutional funding for the research and development of novel molecule for cancer and other severe disease would drive the eClinical solution market. New advanced products by key players is also another factor that would drive the market in near future.

Global EClinical Solutions Market By Segmentations & Regional Insights

eClinical solutions market has been segmented on the basis of deployment type, mode of delivery, end user and region.

On the basis of deployment type, eClinical solutions market includes Electronic Data Capture, Electronic Clinical Outcome Assessment, Clinical Data Management System, Clinical Trial Management System, Clinical Analytics Platform, Randomization and Trial Supply Management, Electronic Trial Master File and Others. On the basis of mode of delivery the eClinical solution market is segmented into web/cloud based system and on premise system. On the basis of end user the eClinical solution market is segmented into pharmaceutical and biotech companies, hospitals, clinical research organizations, medical device manufacturers and others

Regional Insights:

The eClinical Solutions market accounted for US$ 6545 million in 2020 and is estimated to be US$ 19671.58 million by 2030 and is anticipated to register a CAGR of 12.3%. The eClinical solutions market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global market. In 2018, North America region dominated in the eClinical solutions market and is expected to continues its dominance over the forecast period. This is owing to rising number of clinical trials, high investment on research activities, increasing prevalence of lifestyle diseases, and government support for clinical trials. Asia Pacific eclinical solutions market is expected to have highest growth rate over the forecast period due to increasing number of research and development projects and economically stable.

eClinical Solutions Market Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Million & CAGR from 2023 – 2034

Market Segmentation

By Deployment Type- Electronic Data Capture, Electronic Clinical Outcome Assessment, Clinical Data Management System, and Clinical Trial Management System, Clinical Analytics Platform, Randomization and Trial Supply Management, Electronic Trial Master File and Others

By Mode of Delivery– Web/Cloud based System and On Premise System

By End user– Pharmaceutical And Biotech Companies, Hospitals, Clinical Research Organizations, Medical Device Manufacturers and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global eClinical Solutions market report basis of deployment type, mode of delivery, end user and region.

eClinical Solutions Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global EClinical Solutions Market By Competitive Landscape & Key Players

The prominent players operating in the eClinical solutions market include eClinical Solutions LLC., BioClinica Inc., Medidata Solutions Inc., Bracket Global LLC., DATATRAK International Inc., MaxisIT Inc., Merge Healthcare Inc., OmniComm Systems Inc., Oracle Co., and PAREXEL International Corporation. Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the eClinical solutions market. For instance, in October 2018, OmniComm Systems, Inc., a leading global provider of clinical data management technology, has announced the release of TrialMaster Version 5, the innovative, user-friendly solution for electronic data capture (EDC). Further, TrialMaster’s ease of use for investigative sites coupled with state of the art analytical tools.

Global EClinical Solutions Market By Company Profile

  • eClinical Solutions Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BioClinica Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Medidata Solutions Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bracket Global LLC.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • DATATRAK International Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • MaxisIT Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Merge Healthcare Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OmniComm Systems Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Oracle Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • PAREXEL International Corporation.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

 

FAQs

eClinical solutions market has been segmented on the basis of product, mode of delivery, end user and region.

Rising number of government and institutional funding for the research and development of novel molecule for cancer and other severe disease would drive the eClinical solution market.

North America is expected to account major market share as compared to that of other regions.

The key players operating in the eClinical solution market include eClinical Solutions Inc., BioClinica Inc., Medidata Solutions Inc., CRF Health, DATATRAK International Inc., MaxisIT Inc., Merge Healthcare Inc., OmniComm Systems Inc., Oracle Co., and PAREXEL International Co.