PUBLISHER: Value Market Research | PRODUCT CODE: 1305201
PUBLISHER: Value Market Research | PRODUCT CODE: 1305201
The global demand for Electronic Data Capture Systems Market is presumed to reach the market size of nearly USD 15.4 BN by 2030 from USD 4.47 BN in 2022 with a CAGR of 16.72% under the study period 2023 - 2030.
Electronic Data Capture (EDC) systems are computerized systems used to collect and manage clinical trial data. These systems are designed to streamline the data collection process and reduce the time and resources required for manual data entry and management.EDC systems are commonly used in clinical trials to capture data from multiple sources, including patient surveys, electronic medical records, and laboratory results. The systems allow clinical trial coordinators to manage data from multiple sites and monitor the progress of the trial in real-time. The key components of an EDC system include the software platform used to collect and manage the data, the hardware used to collect the data (such as tablets or smartphones), and the database used to store and manage the data. The benefits of using EDC systems include increased efficiency, improved accuracy, and reduced costs.
The growing use of EHRs and digital technologies has increased the need for data collection and management tools like EDC systems. EDC systems are designed to streamline the data collection process and improve data accuracy, which has led to increased demand for these systems in the clinical trial industry. EDC systems can help reduce the costs associated with clinical trials by reducing the need for manual data entry and improving data quality. The number of clinical trials being conducted worldwide has been increasing, which has led to a corresponding increase in demand for EDC systems. Advancements in technology have made EDC systems more user-friendly, cost-effective, and efficient. This has led to increased adoption of EDC systems in the healthcare industry. EDC systems can help ensure data security and compliance with regulations, which has become increasingly important in the healthcare industry.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electronic data capture systems. The growth and trends of electronic data capture systems industry provide a holistic approach to this study.
This section of the electronic data capture systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Electronic Data Capture Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electronic data capture systems market include Calyx, Castor, OpenClinica LLC, IBM, IQVIA Inc., Medidata Solutions Inc., Oracle, DATATRAK International Inc., Clario, Veeva Systems. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies