Growing adoption of cloud computing coupled with increasing outsourcing of clinical trials to CRO’s is likely to stimulate demand.
Market Size – USD 0.69 billion in 2018, Market Growth - CAGR of 17.6%, Market Trends – Increasing advancements in eCOA applications
NEW YORK, March 28, 2019 (GLOBE NEWSWIRE) -- The global Electronic Clinical Outcome Assessment Solutions market is expected to reach USD 2.52 billion by 2026, according to a new report by Reports and Data. Strict regulatory norms being imposed on the pharmaceutical and biotech industry during the period 2016-2017 have forced the drug manufacturing companies to digitalize the process of their clinical trial outcomes, which would involuntarily allow software solution providers to increase their market share in this segment.
eCOA solutions enables clinical trials to proceed with distinguishable time savings which would allow outsourced companies handling clinical trials to accelerate their accommodation with new projects in hand. eCOA solution allows clinical trials to proceed with distinguishable time savings which allow outsourced companies handling clinical trials to accelerate their accommodation with new projects in hand.
The Asia-Pacific market is expected to grow at the highest CAGR of 21.3% from 2018 to 2026. A number of factors, including increasing government funding to support clinical trials, presence of less stringent regulatory guidelines compared to developed nations, availability of a large patient base and faster patient recruitment for clinical trials, and growing number of pharmaceutical companies and CROs are stimulating the growth of the eCOA solutions market in the Asia-Pacific region.
Request for a sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/1037
Further key findings from the report suggest
Read more at: https://www.reportsanddata.com/report-detail/electronic-clinical-outcome-assessment-ecoa-solutions-market
For the purpose of this report, Reports and Data have segmented global Electronic Clinical Outcome Assessment solution market on the basis of types, application and region:
Make an Inquiry for purchasing this report at: https://www.reportsanddata.com/make-enquiry-form/1037
Browse More Reports of Healthcare IT Category At: https://www.reportsanddata.com/report/category/healthcare-it
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-800-819-3052
E-mail: sales@reportsanddata.com