Global e-clinical solutions industry is anticipated to grow at a CAGR of around 14% during the forecast period of 2015-2020, says RNCOS in its latest research report.
Noida, UP -- (SBWIRE) -- 06/03/2015 -- A number of factors that create a rising demand for clinical trials around the world are the prevalence of chronic diseases, aging of the population, physicians' inclination towards evidence-based medicine, and the patients' common belief that they will benefit from new medical technologies and treatments. E-clinical solutions were introduced in the market to increase the efficiency of the whole drug development process through clinical trials due to their effectiveness compared to paper based processes in the past several years.
E-clinical technologies provide real-time access to data entered by the site or patient regarding a clinical trial. The growing usage of e-clinical solutions in three main sectors such as pharmaceutical, clinical research organizations and healthcare service providers is driving the market further and it is forecasted to grow at a CAGR of around 14% during 2015-2020.
Research Analysis & Highlights
The report, "Global E-Clinical Solutions Market Outlook 2020", which is spread over 70 pages, covers extensive research and thorough analysis of the e-clinical solutions market across the globe. It also presents a critical analysis and an unbiased view into the state of the global e-clinical solutions industry, including the current and future market size and its application in various sectors. It includes e-clinical software application in clinical data management, clinical trial management, electronic outcome assessment and randomization and trial supply management.
The research has also included further analysis of e-clinical services market (implementation, training, support and consulting), mode of delivery market (web-hosted, on-premise and cloud based) and end users market (pharmaceutical, CROs and healthcare service providers). The report also features a thorough analysis of North America, Europe and Asia Pacific market including the major countries in them which throws a light on current market scenario and future market potentials of e-clinical solutions there. Moreover, our study also looks into the key players in the global market including their business overview, key financials and recent developments. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.
Some of the report's key highlights include:
- Increasing Number of Clinical Trials
- Rising Investment on Clinical Research and Development
- Technological Advancements Reducing the Cost of Clinical Testing
- Spurring Growth of Industry through Merger and Acquisitions
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