Electronic Clinical Outcome Assessment (eCOA)marketis expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 15.5% in the forecast period of 2020 to 2027 and expected to reach USD 2,630.26 million by 2027.
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Few of the major competitors currently working in the global electronic clinical outcome assessment (eCOA) market are Oracle; Medidata Solutions; Parexel International Corporation; IBM Corporation; eClinical Solutions LLC; Omnicomm Systems; Kayentis; Signant Health; ERT Clinical; Bioclinica; YPrime LLC; WIRB-Copernicus Group; Castor EDC among others.
Global electronic clinical outcome assessment (eCOA) market is segmented on the basis of product, approach, end user and platform. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the market is segmented into on-premise solutions, cloud based solutions and web based solutions. On-premise solutions segment is dominating the market being the most preferred mode of deployment in the healthcare industry due to the flexibility of data storage.
- On the basis of approach, the market is segmented into clinician reported outcome assessment (CLINRO), patient reported outcome assessment (PRO), observer reported outcome assessment (OBSRO) and performance outcome assessment (PERFO). Clinician reported outcome assessment dominates the market globally as they are responsible for measuring health status of patients and define end points for the clinical study.
- On the basis of end user, the market is segmented into commercial service providers, hospitals and transplant centres and research laboratories and academic institutions. Commercial service providers segment is dominating the market globally as more and more clinical trial sponsors are outsourcing their clinical trails to specialized service providers so that the can focus on other aspects of business.
- On the basis of platform, the market is segmented into contract research organizations, pharmaceutical and biopharmaceutical companies, medical device manufacturers, hospitals and clinical laboratories, consulting service companies, research and academia and others. Contract research organizations segment is dominating in the market globally as these organizations work on a contract basis for pharmaceutical, biotechnology, and medical device companies to provide research services.
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North America dominates the electronic clinical outcome assessment (eCOA) market as in the U.S., the number of vendors of electronic clinical outcome assessment (eCOA) is very high as compared to other parts of the world complemented to high technology adoption in a well-established healthcare system.
- To gain insightful analyses of the market and have comprehensive understanding of the Global Electronic Clinical Outcome Assessment and its commercial landscape.
- Assess the Electronic Clinical Outcome Assessment production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the Electronic Clinical Outcome Assessment and its impact in the Global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for Global Electronic Clinical Outcome Assessment.
Key Pointers Covered in Electronic Clinical Outcome Assessment (eCOA) Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Diffent Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
- Value Chain Analysis
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Key Insights in the report:
- Detailed overview of parent market
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
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