The increasing complexity in management of clinical information generated before, during, and after the trial is expected to propel demand for EDC system over the forecast period. The statistics published by the Center for Study of Drug Development states that more than 80% of clinical trials failed as they are unable to meet regulatory requirements, which resulted in delayed drug commercialization. This resulted in loss of revenue for manufacturers. EDC systems help curb this problem by capturing & managing the clinical information in a simple way.
The companies are investing to implement eClinical solutions in order to manage clinical data because of the benefits attached with it, such as ease of use, integration of multiple functions, remote access to information, and cost saving. The aforementioned factors are anticipated to boost the adoption of EDC in coming years.
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Medidata Solutions Inc.,Oracle Corporation,BioClinica,Parexel International Corporation, Datatrak International Inc., Medidata Solutions Inc.,eClinicalSolutions,Merge Healthcare Inc.,OmniComm Systems Inc.,Acceliant,Clinipace Inc.,Openclinica LLC.
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Key Questions Answered in this Report:
1 How has the Electronic Data Capture (EDC) market performed so far and how will it perform in the coming years?
2 What will the market size be in 2026?
3 What are the key factors driving the Electronic Data Capture (EDC) Market?
4 What are the challenges to market growth?
5 What is the structure of the Electronic Data Capture (EDC) industry and who are the key players?
6 What are the market opportunities and threats faced by the key players?
7 What are the profit margins in the Electronic Data Capture (EDC) industry?
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- Global Electronic Data Capture (EDC) Market Overview
- Economic Impact on Market
- Market Competition
- Global Electronic Data Capture (EDC) Market Analysis by Application
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Electronic Data Capture (EDC) Market Effect, Factors, Analysis
- Global Electronic Data Capture (EDC) Market Forecast
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