The Global Electronic Clinical Outcome Assessment Solutions (eCOA) Market: 2018-2023 Analyses & Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 11, 2018--The “Global Electronic Clinical Outcome Assessment Solutions (eCOA) Market - Segmented by Delivery Mode, End-User and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The Global Electronic Clinical Outcome Assessment Solutions (eCOA) Market is expected to register a CAGR of 12.5% during the forecast period, 2018 to 2023.
eCOAs are being increasingly used in the collection of patient data as part of clinical trials and observational studies. The reduction in the paper-based methods not only indicates a realization of the potential benefits gained through the use of electronic technologies, but also points to a fairly clear gravitation away from paper-based methods. Thus, these constant advancements to provide an efficient workflow is expected to contribute for the growth of the market in the forecast period.Other factors driving the market growth are increasing externalization of clinical trial studies by large pharmaceutical and biopharmaceutical companies and growing demand for cloud based services.
Data security is a major concern for healthcare organizations, and justifiably so. Companies are becoming aware of these data security concerns and understanding that compromise of a client’s data will result in a loss of business. This is why offshore firms are building a secure environment in which their data.The other factors restraining the market are high cost of implementation of eCOA.North America held the largest market share owing to the local presence of well-established market players coupled with large number of ongoing research in this region.Key HighlightsConstant Advancements in eCOA Modalities & Applications to Boost Growth of the MarketData Security and Privacy Concerns to Restrain Growth of the MarketNorth America is Expected to Dominate the Market
Major Market DevelopmentsGenstar Capital, a leading investor in healthcare technology and services companies, announced the acquisition of CRF Health, a global provider of eCOA and eConsent solutions for the life sciences industry.Companies ProfiledBioClinicaCRF HealtheClinical SolutionsERT ClinicalMedidata Solution Inc.Merge Healthcare Inc.OmniComm Systems Inc.Oracle CorporationParexel International Corporation
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Market Dynamics
7. Market Segmentation
8. Company Profiles & Competitive Landscape
9. Future of the Market
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SOURCE: Research and Markets
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PUB: 10/11/2018 08:57 AM/DISC: 10/11/2018 08:57 AM