DUBLIN--(BUSINESS WIRE)--The "eClinical Solutions - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for eClinical Solutions was valued at US$11.4 Billion in 2024 and is projected to reach US$22.7 Billion by 2030, growing at a CAGR of 12.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers and forecasts.
The primary goals of eClinical solutions include improving data quality, reducing the time to market for new drugs and therapies, enhancing the collaboration among trial stakeholders, and ensuring compliance with regulatory requirements. By automating and centralizing clinical trial processes, eClinical solutions help pharmaceutical companies, biotechnology firms, and contract research organizations (CROs) to manage the complex logistics of clinical trials more effectively.
Technological advancements have significantly bolstered the capabilities of eClinical solutions, driving their adoption across the pharmaceutical and biotechnology industries. Innovations such as cloud computing, artificial intelligence (AI), and machine learning (ML) are enhancing the functionality and scalability of eClinical platforms. AI and ML algorithms for example can analyze large datasets to identify patterns and predict outcomes, improving trial design and patient recruitment strategies. Cloud-based solutions offer real-time data access and collaboration capabilities, enabling decentralized trials and remote monitoring.
Additionally, the integration of wearable devices and mobile health technologies allows for continuous patient monitoring and data collection, providing richer datasets and improving patient engagement. These advancements not only streamline clinical trial processes but also enhance the ability to conduct complex, multi-site studies with greater accuracy and efficiency.
The growth in the eClinical solutions market is driven by several factors, including increasing number of clinical trials, focus on data quality, government initiatives and broader uptake of EHRs. Clinical research is an integral component of medicine and deal with research efforts to assess efficacy and safety of new drugs, medical devices and diagnostic tools. Given that clinical trials are time-intensive and expensive in nature, advanced tools such as E-clinical solutions are utilized to streamline all aspects of trials. The market is being driven by the increasing use of healthcare IT solutions by life sciences organizations and government funding to aid innovation in sophisticated solutions for clinical trials. Increasing uptake of electronic health records (EHR) within the healthcare industry is a prominent driver for the global market.
The transition towards EHRs is augmenting the demand for integrated solutions to improve accuracy and efficiency of clinical trials. EHR adoption is also powered by government initiatives along with evolving regulations, prompting healthcare providers to embrace advanced E-clinical solutions for streamlined operations, efficient data management and better patient care. The global market is also buoyed by increasing investments by private players in new E-clinical solutions offering enhanced usability, capabilities and customization. These tools are enabling healthcare firms to manage their clinical trials, operations and patient data.
Scope of the Study
The report analyzes the eClinical Solutions market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments:
- Delivery Mode (Web-Hosted (On-Demand), Cloud-Based, Licensed Enterprise (On-Premise))
- End-Use (Pharma & Biotech Companies, Contract Research Organizations (CROs), Hospitals / Healthcare Providers, Academic Institutes, Medical Device Manufacturers)
Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Web-Hosted (on-demand) Delivery Mode segment, which is expected to reach US$12.5 Billion by 2030 with a CAGR of a 12.0%. The Cloud-Based Delivery Mode segment is also set to grow at 14.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $4.2 Billion in 2024, and China, forecasted to grow at an impressive 18.7% CAGR to reach $2.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Advarra, Inc., Anju Software, Inc., BSI Business Systems Integration AG, Castor, eClinical Solutions LLC and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global eClinical Solutions Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 85 major companies featured in this eClinical Solutions market report include:
- Advarra
- Anju Software
- BSI Business Systems Integration
- Castor
- eClinical Solutions
- Fountayn
- MaxisIT Inc.
- Medidata Solutions
- MedNet Solutions
- Medrio
- Merative
- Oracle
- Parexel International
- Saama Technologies
- Veeva Systems
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 446 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $11.4 Billion |
| Forecasted Market Value (USD) by 2030 | $22.7 Billion |
| Compound Annual Growth Rate | 12.2% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- A Prelude to eClinical Solutions
- Increase in R&D Costs of a New Approved Drug (1980s-2020s)
- Global Economic Update
- Climate Change Will Remain a Long-Term Worry for the Global Economy
- Competitive Landscape
- eClinical Solutions - Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024
- Global Market Analysis and Prospects
- Global E-Clinical Solutions Market Set to Witness Sturdy Growth
- Growth Drivers/Opportunities
- Exciting Opportunities
- E-Clinical Solution Revolution in Full Swing with Life Sciences & Clinical Research Trends
- Market Restraints/Challenges
- Product/End-use Segment Analysis
- Analysis by Delivery Mode
- End User Analysis
- Regional Market Analysis
- Recent Market Activity
- Select Innovations in eClinical Solutions Market
- Influencer/Product/Technology Insights
MARKET TRENDS & DRIVERS
- Strong Rise in Pharmaceutical Sales to Drive Demand for eClinical Solutions
- Global Prescription Drug Sales (In US$ Trillion) for the Years 2019, 2020, 2021 & 2022
- Persistent Increase in Pharmaceutical R&D Bodes Well for eClinical Solutions Market
- Global Pharmaceutical R&D Spending in US$ Billion (2018-2026P)
- Rise in Clinical Trials Powers Growth of eClinical Solutions
- Total Number of Registered Clinical Studies in'000s Worldwide (2012-2024)
- Trends in Clinical Trials Space to Influence Market Demand
- Clinical Trials Increasingly Embraced Technology During COVID-19 Pandemic
- Shift towards Decentralized Clinical Trials to Boost Market Prospects
- Demand for eClinical Solutions from CROs Set to Increase Rapidly
- Global Contract Research Outsourcing Market Revenues (US$ Million) by Geographic Region/Country for 2020 and 2027
- AI & Blockchain: Double Drivers for E-Clinical Solutions Market
- The Use of Artificial Intelligence to Increase Efficacy of Clinical Research
- Increased Popularity of Electronic Clinical Outcomes Assessments
- eCOA & ePRO: A Powerful Duo Serving Clinical Trials with Electronic Data Collection
For more information about this report visit https://www.researchandmarkets.com/r/7aw49e
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
