EClinical Solutions Market by Product , Delivery Mode , Clinical Trial Phases, End User, Region - Global Analysis & Forecast 2019-2030 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 Study On Major Key Players in the eclinical solutions Market are Oracle Corporation, EClinical Solutions, LLC, Parexel International Corporation, Bioclinica, Inc., Datatrak International Inc., ERT Clinical, Medidata solutions, Merger Healthcare Incorporated, Omnicomm Systems, Inc. and NextGen Healthcare among others. 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. Download Free Sample Copy@ https://www.marketindustryreports.com/pdf/33
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. High cost related to eClinical solutions implementation Major concern related to the eclinical solutions market is the implementation cost involved. Any clinical trial data collection involves data collection that require infrastructure, legal and patient consent which adds to the incurred cost. Also skilled professionals are
