• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• eClinical Solutions Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Rapid Research and Development in eClinical field by biotechnology and pharmaceutical
companies is expected to drive growth of the eClinical solutions market
Various software application of clinical solutions are gaining acceptability in clinical trials,
which is supposed to be the key factor driving growth of the eClinical solutions market. The
other factors such as increasing government funding and rising R&D programs by biopharma
and pharmaceutical companies are expected to produce new products, which will further boost
growth in eClinical solutions market. Innovations and technological advances in the field of
software solutions will help in fuelling growth in the market over the forecast period. According
to U.S. National Library of Medicine, in last 20 years, there has been a significant increase in
the number of new clinical trials registered every year.
Extensive research and development has led the companies to outsource R&D activities from
other cheaper avenues. The independent service providers such as CROs are committed to
provide high quality and timely data, adhering to the regulatory guidleines and post-approval
regulatory requirements, which in turn facilitates in lowering the overall cost. For instance, in
2011, Pfizer entered into an agreement with Parexel and Icon. Under this agreement, Parexel
provided Pfizer with a range of clinical development services for five years.
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Key players operating in the eClinical solutions market include BioClinica Inc., CRF Health,
DATATRAK International Inc., eClinical Solutions Inc., MaxisIT Inc., Medidata Solutions Inc.,
Merge Healthcare Inc., OmniComm Systems Inc., Oracle Co., and PAREXEL International Co.
Increasing number of clinical trials in emerging economies due to lower operational costs is
expected to boost demand for eClinical solutions software. For instance, data from
ClinicalTrials.gov, showed that, in 2017, 36% of clinical trials were conducted in the U.S. and