The electronic clinical outcome assessment report explains market analysis based on regional, local as well as global level. It analyses the key factors which leads to market growth as well as restraints of the market growth. Moreover, it analyses healthcare IT industry by product type, by equipment type, by price category e.g. discount, mainstream, or premium etc., by distribution channel, by application and by geography. The report on the global electronic clinical outcome assessment market is a valuable document for every market enthusiast, policymaker, investor, and market player. The report has explained in-depth market insights about market size, latest trends, market threats and key drivers driving the market.
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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.
Key Developments in the Market:
- In June 2019, Signant Health formulated from the merger of CRF Bracket and CRF Health was officially launched. Combining the service offerings relating to eCOA, eConsent, Clinical Supplies, IRT, Patient Engagement and Endpoint Quality; Signant Health will be able to offer one of the broadest clinical suites commercially available. The company will be focused on gaining greater expertise and innovate their services to include the latest solutions for their customers
- In June 2018, Omnicomm Systems announced that they had established a partnership with Kayentis for provision of Omnicomm’s “TrialMaster” combined with Kayentis’ “Clin’form” and “eCOA Solution”. This partnership will help provide consumers with a combined platform as the consumers had individually adopted both the solutions for their clinical trial needs
- Increasing availability and preference for various wearable and handheld medical devices that can provide clinical information and assessment; this factor is expected to boost the growth of the market
- Increasing prevalence and utilization of cloud-based service offerings is expected to propel the growth of the market
- Rising levels of innovations and technological advancements in the market for these solutions acts as a market driver
- Enhanced need for maintaining better levels of security and quality of clinical trials and associated clinical data will also boost the market growth
- Large levels of financial costs associated with the deployment and utilization of these systems; this factor is expected to hinder the growth of the market
- Complications in the integration and operations of these solutions due to the various regulatory presence of authorities across the industry; this factor is expected to restrict the market growth
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SEGMENTATION: GLOBAL ELECTRONIC CLINICAL OUTCOME ASSESSMENT (ECOA) MARKET
- Web Hosted
- License Enterprise
- Academic Institutes
- Pharma & Biotech Organizations
- Medical Device Manufacturers
- North America
- South America
- Middle East and Africa
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