Press release
Global E-Clinical Solution Software Market: Segment Snapshot and Table of Content (2014-2020)
The global e-clinical solution software market is witnessing significant growth due to increasing clinical trials and R&D investments in pharmaceuticals and life science sectors. Increasing prevalence of diseases across the world is leading to rise in number of clinical trials. Various lifestyle-associated diseases and genetic disorders in the Middle East and North Africa have also led to increase in clinical trials in the respective regions. In addition, the pharmaceutical industry is facing immense pressure to reduce the time consumed to conduct clinical trials and increase effect of drugs. Presence of various end users such as pharmaceuticals, clinical research organizations (CROs), and healthcare providers has increased the demand for e-clinical solution software. The global e-clinical solution software market was valued at US$ 3,005 Mn in 2014 and is expected to expand at a CAGR of 13.8% from 2014 to 2020 to reach US$ 6,515.3 Mn by 2020.
In North America, the average cost of research and development for a successful pharmaceutical drug continues to increase from pre-clinical stage i.e. initial development stage of drug till FDA approval i.e. launch of the drug in the market. According to Oracle Corporation – an e-clinical software company – the share of global clinical trials conducted in North America has reduced from 30% in 2006 to 19% in 2010. This was due to complex regulatory and legal frameworks in North America, which led to shifting of the clinical trials market to developing countries such as India and China. This may lead to sluggish growth of clinical trials in the region.
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Summary of Table of Content
Chapter 1 Preface 12
Chapter 2 Market Synopsis 14
Chapter 3 Porter’s Five Forces Analysis 16
Chapter 4 Industry Overview 18
Chapter 5 Global Market Size and Forecast 30
Chapter 6 Market Size and Forecast by Mode of Delivery 38
Chapter 7 Market Size and Forecast by Product 45
Chapter 8 Market Size and Forecast by End User 56
Chapter 9 Market Size and Forecast by Geography 63
Chapter 10 Competitive Scenario 93
Chapter 11 Company Profiles 95
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