Electronic Data Capture (EDC) Systems - Global Market Outlook (2016-2022)

Electronic Data Capture (EDC) Systems - Global Market Outlook (2016-2022)

  • Published: March 2017
  • ID: SMRC16380

According to Stratistics MRC, the Global Electronic Data Capture (EDC) market is accounted for $XX million in 2016 and is expected to reach $XX million by 2022 growing at a CAGR of XX% from 2016 to 2022. Factors such as improvements in the information management and analysis, increasing product pipeline, improved compilation of technical & scientific data, increasing outsourcing by pharmaceutical and biotechnological companies and demand from EDC services are contributing towards market growth. Growing adoption of cloud-based services by manufacturers and installation of fully integrated services will provide lucrative opportunity for the market growth. However, lack of skilled research professionals is restraining the market growth.

Services segment is leading the market because of large number of Contract Research Organizations (CROs) presence. The web-based delivery mode is anticipated to be the largest market share owing to acceptance of inexpensive information management in clinical trials. In the development phase segment, Phase I is estimated to grow at a significant rate because of direct data and remote information capturing as well as rising R&D expenditure on the development of novel drugs . CROs is projected to be the largest market as the majority of them use commercially developed enterprise applications to support clinical development in phase II and phase III trials. North America is the leading market due to presence of major pharmaceutical companies. Asia Pacific is anticipated to be the fastest growing market because many pharmaceutical companies are using eClinical solutions.

Some of the key players in global Electronic Data Capture (EDC) market are BioClinica,Clinical CLINIPACE, INC.,DATATRAK International, Inc., Medidata Solution, Inc, Merge Healthcare Incorporated, Omni Comm Systems, Inc., Openclinica, LLC, Oracle Corporation and PAREXEL International Corporation.

Delivery Modes Covered:
• Cloud-Based
• Licensed Enterprise
• Web Based

Development Phases Covered:
• Phase I
• Phase II
• Phase III
• Phase IV

Applications Covered:
• Academic Institutes
• Pharma & Biotech Organizations
• CROs
• Hospitals
• Medical Device Manufacturers

Components Covered:
• Services
• Software

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific      
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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