Global Electronic Data Capture Systems (EDC) Market Sizing and Forecasts to 2024 

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Global Electronic Data Capture Systems (EDC) Market – Premium Insight, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 

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The global electronic data capture systems market is expected to grow from USD 402.15 million in 2017 to USD 1,020.65 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 14.23%.

“Growing adoption as a tool for healthcare digital transformation is one of the factors largely attributing to the growth of electronic data capture systems market globally”

The factors attributing to the growth of the market are growing adoption as a tool for healthcare digital transformation, supportive government initiatives to boost clinical trials, increasing number of end users implementing electronic data capture (EDC) systems, and increasing r&d expenditure by companies in healthcare. However, some factors such as and lesser funding and risky investment prospects may hinder market growth. The global electronic data capture systems market is expected to showcase the opportunities such as technological developments and innovations in the edc system, and saas or cloud-based delivery for edc system. In the near future, the market may face the possible challenges in the growth due to and lack of skilled clinical research professionals. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global electronic data capture systems market.”Services: The highest growing component for the global electronic data capture systems market”

On the basis of component, the global electronic data capture systems market is studied across Services and Software. Among all these component, the Services is projected to hold the largest market share while the Software has the potential to grow the market with the highest CAGR in the forecast period.”On-Cloud: The highest growing deployment for the global electronic data capture systems market”

On the basis of deployment, the global electronic data capture systems market is studied across On-Cloud and On-Premises. Among all these deployments, the On-Cloud has captured the maximum market share while the On-Cloud has the opportunity to emerge with the highest CAGR.”Contract Research Organizations: The highest growing end user for the global electronic data capture systems market”

On the basis of the end user, the global electronic data capture systems market is studied across Academic & Research Institutes, Contract Research Organizations, Infectious Diseases, and Pharmaceutical & Biotechnology Companies. Among all these end users, the Contract Research Organizations has captured the maximum market share while the Pharmaceutical & Biotechnology Companies has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global electronic data capture systems market”

On the basis of geography, the global electronic data capture systems market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geographies, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with the highest market size.

“BioClinica, Inc.: The potential growing player for the global electronic data capture systems market”

The key players profiled in the global electronic data capture systems market are BioClinica, Inc., Castor EDC, Clinipace Worldwide, Inc., DATATRAK International, Inc., Medidata Solutions, Inc., Merge Healthcare Inc., OmniComm Systems, Inc., OpenClinica, LLC., Oracle Corporation, and PAREXEL International Corporation.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global electronic data capture systems market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global electronic data capture systems market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global electronic data capture systems market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global electronic data capture systems market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global electronic data capture systems market.

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Note: The study forecast period can be customized as per the request.

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Ronard

Ronard Completed his Master in Communication, after completing his degree he opted full-time research as his career. Ronard Main Area of Specialization is Market Research, he also contributes to Various Online Blog

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