As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The increased government investments in clinical trials are driving the growth of the eClinical solutions industry. The global market for eCinical solutions is expected to witness a robust growth in the forecast years. The researchers are preferring innovative eClinical solutions because they offer improved efficiency in clinical trials. The technology driven solutions help enhance productivity and streamline research workload with higher cost efficiency compared to conventional methodologies. It further helps to boost the speed of clinical trials, which remained the key area of focus amid the COVID-19 crisis. Apart from being cost-effective, they provide accurate results in comparison to conventional methods for clinical tests.
The rapid advancements in technology and increasing innovations in the life sciences industry are expected to significantly drive the demand for eClinical solutions. They provide unique and high-quality solutions for the efficient collection, standardisation, reporting, and role-based utilisation of clinical research data. For instance, in September 2019, DATATRAK International, Inc (OTCMKTS: DTRK) announced to expand its presence in the Asia Pacific region by building upon a 10-year partnership with NTT Data. In another case, in February 2019, Oracle (NYSE: ORCL) announced to integrate with Quorum to speed up clinical trials through advanced solutions. Such developments are expected to contribute to the industry growth in the forecast period.
Market Analysis by Product, Delivery Mode, Development Phase, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global eClinical solutions market are Oracle, PAREXEL International Corporation, Medidata Solution, Inc., Bioclinica, DATATRAK International, Inc., and CRF Health, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.