eClinical Solutions Market Size by Type, By Distribution Channel, And Forecast till 2022-2031

eClinical solutions are the ones that combine clinical technology with expertise and are widely used to improve the clinical development process through various data tools such as data management and data analysis. Major factors that are characterizing the market growth are increasing R&D activities by biopharmaceutical and pharmaceutical companies, rising burden of chronic diseases, soaring expenditure on the development of clinical trials, and increased adoption of smart devices for healthcare service management. The reasons for the high demand for eClinical solutions are the rising costs of operational and regulatory requirements.

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The eClinical solutions market is segregated on the basis of product, clinical trial, delivery mode, and by geography:

Based on Product
• Clinical Data Management Systems (CDMS) and Electronic Data Capture (EDC)
• Clinical Trial Management Systems (CTMS)
• Clinical Analytics Platform
• Randomization and Trial Supply Management (RTMS)
• Clinical Data Integration Platform
• Electronic Clinical Outcome Assessment (eCOA)
• Safety Solutions
• Electronic Trial Master Files (eTMF)
• Regulatory Information Management Solutions (RIMS)
• Others (Institutional Review Board Systems, Coding Systems, and Core Lab Integration Solutions)

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Based on Clinical Trial
• Phase I
• Phase II
• Phase III
• Phase IV
Based on Delivery Mode
• Web-Hosted
• Licensed Enterprise
• Cloud-Based
Based on Geography:
• North America
• Europe
• Asia Pacific
• Rest of the World

Based on the product, the market segmented by EDC and CDMS, CTMS, Clinical Analytics Platform, RTMS, Clinical Data Integration Platform, eCOA, Safety Solutions, eTMF, RIMS, others. Electronic Clinical Outcome Assessment (eCOA) is assumed to be the rapidly growing segment in the forecast period 2022-2031 since the growing importance of high-quality clinical data. The process of data capturing using eCOA platforms improve the quality of information captured, efficient data collection procedures as well as offers potential data analysis.

Based on the clinical trial phase, the market of EClinical is segmented into Phase I, Phase II, Phase III, and Phase IV. The phase III clinical trial segment is likely to lead the market throughout the forecast period. The need for integration of clinical data management software to restrain overall cost and improve process efficiency as well as an increasing number of drugs successfully reaching phase III is impelling the growth of the segment. Phase III involves the study of the efficacy of a drug by using a group of more than 1,000 patients. A large number of patients increase the complication of the study, which prompts the demand for computer-based systems, thereby rev up the acquisition.

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