eClinical Solutions Market Size, Share & Trends Analysis Report By Product, By Delivery Mode, By Development Phase, By End Use, By Region And Segment Forecasts From 2022 To 2030

Report ID: MN17612964  |  Published: November 2022  |  No of Pages: 190
Format: Electronic (PDF)  |  Industry: Healthcare IT

The global eclinical solutions market is expected to value USD 21.8 billion by 2030, exhibiting a CAGR of 13.6% from 2022 to 2030. Steady growth in the industry may be accredited to the rising cost of operations and changing regulatory needs across the globe with regard to clinical research studies, public grants to support clinical studies, and new policies, along with the growing need for R&D on drug development by pharma-biotech giants.

Notably, eClinical solutions are software and applications used for the efficient management of clinical research and studies. The various software under the umbrella of eClinical solutions helps in maintaining, managing, and recording data along with tracking deadlines, among a number of other features. Various eClinical solutions constitute randomization and trial supply management, clinical trial management systems (CTMS), and clinical data management systems, among others.  

Strict rules with regard to clinical trials along with the need for safety monitoring have played a crucial role in propelling the adoption of eClinical solutions, primarily in developed countries like the U.S. For example, the National Institutes of Health and the U.S. Department of Health and Human Services have set strict rules on clinical trial regulation requirements.

The coronavirus pandemic has positively influenced industry growth since most biotechnological and pharmaceutical enterprises were carrying out R&D activities to develop a reliable and effective COVID-19 vaccine. Moreover, due to the pandemic, a number of clinical trials adopted a virtual or hybrid working model leading to considerable demand for eClinical solutions.

The clinical study industry is making a shift towards digital ways of working, and the outbreak of COVID-19 is likely to accelerate this trend and offer long-term changes to conventional trial management norms. With the virtual and remote working scenario working out to be beneficial for eClinical solution industry, it will prove to be beneficial for all the market players.

In terms of product, CTMS has showcased the highest adoption rate due to the growing need for high-quality clinical data that provide necessary details. Some of the advantages of CTMS solutions include— allowing real-time management of multiple clinical studies, efficient IP inventory management, enhanced operational efficiency, real-time monitoring, and scheduling of sites, and allowing sponsors to efficiently manage their studies and gain real-time data.

Along similar lines, electronic data capture or EDC is increasingly being used to analyze and collect trial data in an electronic format. Hence, EDC lowers the time to collect information and increases data accuracy for drugs and medical drug studies. With the growing adoption of clinical trials, this segment is likely to gain consistent prominence through the biopharma and pharmaceutical sectors.

Considering the mode of delivery, the web-hosted (on-demand) segment has witnessed considerable adoption owing to various advantages linked with the solution like easy usability, need for relatively lower investments, and accessibility. Additionally, web-hosted products are customizable as they can be personalized for different customer groups, positively influencing market growth. In addition to this, these products are capable of maintaining client data on a cloud server which is easily accessible via the web and requires only computer hardware along with internet connectivity.

End-user-wise, contact research organization (CRO) has witnessed commendable traction owing to its rising availability in the market. Additionally, the growing outsourcing of clinical studies to reduce the expenses of R&D by pharmaceutical companies will continue to boost market growth. The increasing use of eClinical solutions in research activities has broadened the scope of the segment. The benefits of outsourcing clinical studies to CROs comprise improved productivity, increased efficiency of services, cost advantages, and increased focus on core areas of development that is integral to the company’s growth.

Regionally speaking, North America has emerged as a profitable revenue pocket for eClinical solutions providers due to a strong foothold of leading pharmaceutical and medical device companies. Additionally, the availability of a robust infrastructure will continue to boost the business landscape. The launch of new products by eClinical solution vendors and rising funding from the government will continue to drive the market. The high number of clinical research activities in the U.S. along with rising concern about the effective management of large and confidential data volume will support the adoption of eClinical solutions and boost the regional market scope.

Countries in APAC region are also emerging as key outsourcing destinations for clinical studies mainly due to the presence of a large and diverse population, high chronic illness prevalence, and easy availability of low-cost outsourcing services. A considerable number of clinical trials are outsourced to Asian countries like India and China. The rising number of pharmaceutical companies in developing Asian countries like India, China, Taiwan, and Korea has also opened growth opportunities for the eClinical solutions market in the region.

eClinical Solutions Market Report Key Takeaways

  • Product-wise, CTMS dominated the segment accounting for 21% of the total market revenue in 2021 due to the growing significance of superior-quality clinical data
  • EDC or electronic data capture also holds a prominent share of the product segment mainly due to its increasing use to collect and study clinical data in an electronic format, lowering the time taken to collect information and increasing data accuracy for drugs and medical studies
  • Delivery mode-wise, web-hosted led the segment holding more than 74% of the total revenue share in 2021. The growth may be attributed to its advantages like reliability, easy usability, reduced investments, and accessibility. Web-hosted delivery can be customized as per the needs of various user groups
  • On the basis of end-users, the contact reach organization led the market with a shareholding of 36% of the revenue share in 2021. The growing use of eClinical solutions in research has widened the scope of segment growth. Some of the advantages include outsourcing clinical studies to CROs are responsible for growth in the segment. Cost advantages, improved productivity, and efficiency of services are other factors driving segmental growth
  • North American eClinical solutions market led the market segment holding the largest revenue share of more than 51% in 2021. The high prevalence of chronic diseases like cardiovascular diseases and diabetes has driven the need for advanced clinical trials that help discover the most effective medication. The presence of prominent players in the region along with the availability of a strong healthcare sector will continue to drive the regional market scope
  • Asia Pacific is slated to emerge as a robust regional hotbed for eClinical solutions providers exhibiting a CAGR of 15.4%. The high prevalence of diseases along with the need for effective medication will supplement the market growth. The region witnesses a large number of clinical trials being outsourced in countries like Thailand, India, China, Japan, and Indonesia


eClinical Solutions Market Segments

  • eClinical Solutions Product Outlook (Revenue, USD Million, 2017 - 2030)
    • Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS) 
    • Clinical Trial Management Systems (CTMS)
    • Clinical Analytics Platforms
    • Randomization and Trial Supply Management (RTSM) 
    • Clinical Data Integration Platforms
    • Electronic Clinical Outcome Assessment (eCOA)
    • Safety Solutions
    • Electronic Trial Master File (eTMF)
  • eClinical Solutions Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)
    • Web-hosted (On demand)
    • Licensed Enterprise (On premise)
    • Cloud-based
  • eClinical Solutions Development Phase Outlook (Revenue, USD Million, 2017 - 2030)
    • Phase I
    • Phase II
    • Phase III
    • Phase IV
  • eClinical Solutions End-use Outlook (Revenue, USD Million, 2017 - 2030)
    • Hospitals/Healthcare providers
    • CROs
    • Academic Institutes
    • Pharma & Biotech Organizations
    • Medical Device Manufacturers
  • eClinical Solutions Regional Outlook (Revenue, USD Million, 2017 - 2030)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Netherlands
      • Sweden
      • Denmark
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Australia
      • New Zealand
      • Taiwan
      • Hong Kong
      • Singapore
      • Thailand
      • Vietnam
    • Central & South America
      • Brazil
      • Argentina
      • Chile
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Egypt
      • Qatar
  • List of Key eClinical Solutions Market Players
    • Datatrak International, Inc.
    • Oracle
    • Parexel International Corporation
    • Dassault Systemes
    • Bioclinica
    • CRF Health
    • ERT Clinical
    • eClinicalWorks
    • IBM Watson Health
    • Anju Life Sciences Software
    • eClinical Solutions
What questions do you have? Get quick response from our industry experts. Request More information
Key questions answered in the report include
key questions
We also offers customization on reports based on specific client requirement.
Request for Customization

Choose License Type

Research Assistance

Ryan Manuel
Ryan Manuel

Research Support Specialist, USA

  1. Phone: +1-408-610-2300
  2. Toll Free: +1-866-831-4085
  3. Email: [email protected]
Connect With Expert
  • World's largest premium report database
  • Transparent pre & post sale customer engagement model
  • Unparalleled flexibility in terms of rendering services
  • Safe & secure web experience
  • 24*5 Research support service

Get a Free Sample

FREE sample contains market data points, ranging from trend analyses to market estimates & forecasts. See for yourself...