eClinical Solutions Market Growing with top key players
Oracle Corporation, EClinical Solutions, LLC by 2030
Market Industry Reports (MIR) has published a new report titled “eClinical Solutions
Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–
2030.” According to the report, the global eClinical Solutions Market is estimated to be
over US$ 4.0 Bn in 2017. It is anticipated to grow at a considerable CAGR from 2019 to
2030.
The latest study on the eClinical Solutions Market industry for the forecast period 2019
to 2030 blends in the best of both qualitative and quantitative research to assess the
major driving forces, restraining factors and opportunities shaping the development of
the
eClinical Solutions Market industry worldwide. When studying the major drivers a
conscious effort is made to assess the rise in the product demand, changes in
regulatory policies and fluctuating prices of the raw material. Importantly, the study
quantifies the industry share occupied by the prominent vendors and offers an extensive
view of the growing investment pocket in the eClinical Solutions Market industry
worldwide. Detailed evaluation of various aspects with respect to the geography for the
estimated period forms an important part of the research.
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The continual growth of the eClinical Solutions Market can be attributed to increasing
R&D expenditure in Pharmaceutical and Biotechnology companies, rising government
funding and grants for clinical trials, growing adoption of eClinical Solutions to
streamline R&D and clinical trial activity. Moreover, increasing government expenditure
on clinical trials to provide better healthcare has been a major factor to contribute to the
substantial growth of the global hospital eClinical Solutions system market between
2019 and 2030.
Growing R&D expenditure and focus on clinical trials
Pharmaceutical & Biotechnology companies are continuously investing in R&D and
Contract research organization for conducting research. This has led them to adopt
eClinical Solutions like Electronic data capture (EDC) and clinical trial management
systems (CTMS) to capture data. Moreover, pharma-biotech have allocated budget for
IT in drug discovery and development also government provide funds to support clinical
trials.