Global Electronic Data Capture Systems Market by Development Phase (III, II, IV, Phase I), by Delivery Mode (Licensed Enterprise, Web Based, Cloud Based) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
In 2016, the global market for Electronic Data Capture Systems was worth USD 349.8 millions. Over the forecast period, the increasing complexity of managing clinical data generated during and after trials is expected to drive demand for EDC systems. According to the Center for Study of Drug Development, more than 80% of clinical trials fail because they do not meet regulatory requirements. This led to delayed drug commercialization. Manufacturers suffered a loss in revenue due to this. EDC systems can help to reduce this problem by simply capturing and managing clinical information.
U.S. EDC system market by component, 2014 – 2025 (USD million)
Companies are choosing to invest in eClinical solutions for managing clinical data. This is due to the many benefits it offers, including ease-of-use, integration of multiple functions and remote access to information. These factors will likely increase the adoption of EDC over the next few years.
Component Insights
The largest market share for EDC systems was held by services for it in 2016, due to the large number of Contract Research Organizations ("CROs") offering the clinical solutions. This is due to increasing regulatory scrutiny to comply with the complex requirements of clinical tests. It is expected to contribute to the rising demand in the future.
Due to increasing adoption by manufacturers to reduce data management costs, the software market is expected to see a lot of growth. EDC systems offer many benefits, including time savings and simplified regulatory processes. This will likely increase their adoption over the next few years.
Delivery Mode Insights
Cloud-based delivery systems for EDC services will be in high demand, depending on their current implementation status and future growth prospects. This is due to the fact that cloud-based delivery systems for EDC services are increasingly recognized as being more efficient in many applications such as the trial design phase, data collection processes and monitoring & reporting generation.
The web-based portal has the largest market share due to the high maintenance costs associated with clinical trials. This high cost is believed to be a reason for pharmaceutical companies' high reluctance to invest in costly studies. Instead, they focus on more affordable options for information management such as web-based portals.
Insights on the Development Phase
Phase III dominated the development phase segment in 2016, owing to its high demand for EDC software that can reduce costs and increase efficiency. Phase I, on the other hand is expected to grow at a high rate due to the importance of these systems in predicting future outcomes as well as eliminating drug candidates with low chances of success in clinical trials.
The demand for computer-assisted solutions has increased due to the large number of phase I trials, complex management and analysis of data acquired from various studies. Today's tools allow for the minimization of human errors, increased efficiency, and reduced costs by avoiding double data entry, manual transcribing, and manual sourcing. These components are expected to grow in popularity during the forecast period due to their direct data and remote information capture. Integration of EDC systems will result in lower prices for data management. This is expected to increase the market in developing countries.
End-use Insights
CROs hold the largest market share. They are expected to show the fastest growth due to the increasing inclination of pharmaceutical firms toward reducing overall spending and involved benefits. This is anticipated to be the reason for the increased growth.
These benefits include increased cost-effectiveness, efficiency of services, improved compatibility, and a greater focus on core areas of development that are crucial to company growth. The use of a variety of software applications and support services to process clinical information is what it means.
Market share of global EDC systems by end-use in 2016, (%)
Regional Insights
North America held the largest share of the market in 2016, due to its higher awareness and strict regulatory norms regarding the handling of clinical data. The presence of large pharmaceutical companies in the region will also increase the adoption of EDC systems during the forecast period.
The presence of many CROs that offer eClinical solutions for large pharmaceutical companies in Asia Pacific is expected to lead to a lucrative growth of the EDC system market.
Market Share Insights & Key Companies
Medidata Solutions, Inc., Oracle Corporation, BioClinica, Parexel International Corporation, Datatrak International, Inc., Medidata Solutions, Inc., eClinical Solutions, Merge Healthcare, Inc., OmniComm Systems, Inc., Acceliant, Clinipace, Inc., and Openclinica, LLC are some of the major players in this industry.
The market's most prominent players are Oracle Corporation and Medidata Solutions. Their product offerings account for a significant share of the market. Market leaders invest in extensive research to develop cost-effective, highly-technologically advanced products. This industry will benefit from the potential growth opportunities provided by efficient products.
Market Report on Electronic Data Capture Systems Scope
Report Attribute |
More Details |
2020 market size |
USD 586.6 Million |
The revenue forecast for 2025 |
USD 1.16 Billion |
Growth Rate |
CAGR of 14.4% between 2017 and 2025 |
Base year for estimation |
2016 |
Historical data |
2014 - 2016 |
Forecast period |
2017 - 2025 |
Quantitative units |
Revenue in USD Millions and CAGR between 2017-2025 |
Report coverage |
Forecast revenue, company ranking and competitive landscape, growth factors, trends |
Segments covered |
Component, delivery mode and development phase. End-use in the region. |
Regional scope |
North America; Europe, Asia Pacific; Latin America. Middle East & Africa |
Country coverage |
U.S.; Canada; UK; Germany; Japan; China; Brazil; Mexico; South Africa; Saudi Arabia |
Key companies profiled |
Medidata Solutions, Inc., Oracle Corporation, BioClinica, Parexel International Corporation, Datatrak International, Inc., Medidata Solutions, Inc., eClinical Solutions, Merge Healthcare, Inc., OmniComm Systems, Inc., Acceliant, Clinipace, Inc., Openclinica, LLC |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your research needs. Explore your purchase options |
The Report Covers Certain Segments
This report provides industry trends analysis and forecasts for revenue growth from 2014-2025. Grand View Research segmented this market by component, delivery mode and development phase.
-
Component Outlook (Revenue USD Million, 2014-2025)
-
Software
-
Services
-
-
Delivery Mode Outlook (Revenue USD Million, 2014-2025)
-
Web-hosted
-
Licensee enterprise
-
Cloud-based
-
-
Development Phase Outlook (Revenue USD Million, 2014-2025)
-
Phase I
-
Phase II
-
Phase III
-
Phase IV
-
-
End-use Outlook (Revenue USD Million, 2014-2025)
-
Hospitals
-
CROs
-
Academic institutions
-
Pharma & Biotech Organizations
-
Manufacturers of Medical Devices
-
-
Regional Outlook (Revenue USD Million, 2014-2025)
-
North America
-
The U.S.
-
Canada
-
-
Europe
-
UK
-
Germany
-
-
Asia Pacific
-
Japan
-
China
-
India
-
-
Latin America
-
Brazil
-
Mexico
-
-
The Middle East and Africa
-
South Africa
-
Saudi Arabia
-
-
These are the most frequently asked questions about this report
What is the market size for electronic data capture systems?b. Global market for electronic data capture systems was valued at USD 514.2 Million in 2019, and is forecast to grow to USD 586.6 Million in 2020.
What is the market growth rate for electronic data capture systems?b. Global electronic data capture system market is expected grow at a compound annual rate of 14.4% between 2019 and 2025, reaching USD 1,163.5 millions by 2025.
Which market segment had the largest share of electronic data capture systems?b. With a 52.31% share in 2019, North America was the dominant market for electronic data capture systems. This is due to the high awareness and strict regulatory norms regarding the handling of clinical data, as well as the presence of large pharmaceutical companies.
What are the major players in the electronic data capture system market?b. b.
What are the main factors that drive the market for electronic data capture systems?b. The market for electronic data capture systems is growing because of increasing complexity in managing clinical information before, during and after trials, increased cost-effectiveness, improved compatibility, and greater efficiency of services.
Up Market Research published a new report titled “Electronic Data Capture Systems Market research report which is segmented by Development Phase (III, II, IV, Phase I), by Delivery Mode (Licensed Enterprise, Web Based, Cloud Based), By Players/Companies Inc; OmniComm Systems, Inc; Oracle Corporation; BioClinica; Parexel International Corporation; Datatrak International, Inc; Medidata Solutions, LLC, Inc; eClinicalSolutions; Merge Healthcare, Inc; Acceliant; Clinipace, Medidata Solutions, Inc; and Openclinica”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Electronic Data Capture Systems Market Research Report |
By Development Phase | III, II, IV, Phase I |
By Delivery Mode | Licensed Enterprise, Web Based, Cloud Based |
By Companies | Inc; OmniComm Systems, Inc; Oracle Corporation; BioClinica; Parexel International Corporation; Datatrak International, Inc; Medidata Solutions, LLC, Inc; eClinicalSolutions; Merge Healthcare, Inc; Acceliant; Clinipace, Medidata Solutions, Inc; and Openclinica |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 249 |
Number of Tables & Figures | 175 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Electronic Data Capture Systems Market Report Segments:
The market is segmented by Development Phase (III, II, IV, Phase I), by Delivery Mode (Licensed Enterprise, Web Based, Cloud Based).
Electronic Data Capture Systems Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electronic Data Capture Systems Market
Overview of the regional outlook of the Electronic Data Capture Systems Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Electronic Data Capture Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electronic Data Capture Systems Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. III
2. II
3. IV
4. Phase I
7. By Delivery Mode:1. Licensed Enterprise
2. Web Based
3. Cloud Based
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Data Capture Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Electronic Data Capture Systems Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Data Capture Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Data Capture Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Data Capture Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Data Capture Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Data Capture Systems Market Size & Forecast, 2018-2028
4.5.1 Electronic Data Capture Systems Market Size and Y-o-Y Growth
4.5.2 Electronic Data Capture Systems Market Absolute $ Opportunity
Chapter 5 Global Electronic Data Capture Systems Market Analysis and Forecast by Development Phase
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Development Phase
5.1.2 Basis Point Share (BPS) Analysis by Development Phase
5.1.3 Absolute $ Opportunity Assessment by Development Phase
5.2 Electronic Data Capture Systems Market Size Forecast by Development Phase
5.2.1 III
5.2.2 II
5.2.3 IV
5.2.4 Phase I
5.3 Market Attractiveness Analysis by Development Phase
Chapter 6 Global Electronic Data Capture Systems Market Analysis and Forecast by Delivery Mode
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Delivery Mode
6.1.2 Basis Point Share (BPS) Analysis by Delivery Mode
6.1.3 Absolute $ Opportunity Assessment by Delivery Mode
6.2 Electronic Data Capture Systems Market Size Forecast by Delivery Mode
6.2.1 Licensed Enterprise
6.2.2 Web Based
6.2.3 Cloud Based
6.3 Market Attractiveness Analysis by Delivery Mode
Chapter 7 Global Electronic Data Capture Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Data Capture Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Data Capture Systems Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Data Capture Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Data Capture Systems Market Size Forecast by Development Phase
9.6.1 III
9.6.2 II
9.6.3 IV
9.6.4 Phase I
9.7 Basis Point Share (BPS) Analysis by Development Phase
9.8 Absolute $ Opportunity Assessment by Development Phase
9.9 Market Attractiveness Analysis by Development Phase
9.10 North America Electronic Data Capture Systems Market Size Forecast by Delivery Mode
9.10.1 Licensed Enterprise
9.10.2 Web Based
9.10.3 Cloud Based
9.11 Basis Point Share (BPS) Analysis by Delivery Mode
9.12 Absolute $ Opportunity Assessment by Delivery Mode
9.13 Market Attractiveness Analysis by Delivery Mode
Chapter 10 Europe Electronic Data Capture Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Data Capture Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Data Capture Systems Market Size Forecast by Development Phase
10.6.1 III
10.6.2 II
10.6.3 IV
10.6.4 Phase I
10.7 Basis Point Share (BPS) Analysis by Development Phase
10.8 Absolute $ Opportunity Assessment by Development Phase
10.9 Market Attractiveness Analysis by Development Phase
10.10 Europe Electronic Data Capture Systems Market Size Forecast by Delivery Mode
10.10.1 Licensed Enterprise
10.10.2 Web Based
10.10.3 Cloud Based
10.11 Basis Point Share (BPS) Analysis by Delivery Mode
10.12 Absolute $ Opportunity Assessment by Delivery Mode
10.13 Market Attractiveness Analysis by Delivery Mode
Chapter 11 Asia Pacific Electronic Data Capture Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Data Capture Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Data Capture Systems Market Size Forecast by Development Phase
11.6.1 III
11.6.2 II
11.6.3 IV
11.6.4 Phase I
11.7 Basis Point Share (BPS) Analysis by Development Phase
11.8 Absolute $ Opportunity Assessment by Development Phase
11.9 Market Attractiveness Analysis by Development Phase
11.10 Asia Pacific Electronic Data Capture Systems Market Size Forecast by Delivery Mode
11.10.1 Licensed Enterprise
11.10.2 Web Based
11.10.3 Cloud Based
11.11 Basis Point Share (BPS) Analysis by Delivery Mode
11.12 Absolute $ Opportunity Assessment by Delivery Mode
11.13 Market Attractiveness Analysis by Delivery Mode
Chapter 12 Latin America Electronic Data Capture Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Data Capture Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Data Capture Systems Market Size Forecast by Development Phase
12.6.1 III
12.6.2 II
12.6.3 IV
12.6.4 Phase I
12.7 Basis Point Share (BPS) Analysis by Development Phase
12.8 Absolute $ Opportunity Assessment by Development Phase
12.9 Market Attractiveness Analysis by Development Phase
12.10 Latin America Electronic Data Capture Systems Market Size Forecast by Delivery Mode
12.10.1 Licensed Enterprise
12.10.2 Web Based
12.10.3 Cloud Based
12.11 Basis Point Share (BPS) Analysis by Delivery Mode
12.12 Absolute $ Opportunity Assessment by Delivery Mode
12.13 Market Attractiveness Analysis by Delivery Mode
Chapter 13 Middle East & Africa (MEA) Electronic Data Capture Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Data Capture Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Data Capture Systems Market Size Forecast by Development Phase
13.6.1 III
13.6.2 II
13.6.3 IV
13.6.4 Phase I
13.7 Basis Point Share (BPS) Analysis by Development Phase
13.8 Absolute $ Opportunity Assessment by Development Phase
13.9 Market Attractiveness Analysis by Development Phase
13.10 Middle East & Africa (MEA) Electronic Data Capture Systems Market Size Forecast by Delivery Mode
13.10.1 Licensed Enterprise
13.10.2 Web Based
13.10.3 Cloud Based
13.11 Basis Point Share (BPS) Analysis by Delivery Mode
13.12 Absolute $ Opportunity Assessment by Delivery Mode
13.13 Market Attractiveness Analysis by Delivery Mode
Chapter 14 Competition Landscape
14.1 Electronic Data Capture Systems Market: Competitive Dashboard
14.2 Global Electronic Data Capture Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inc; OmniComm Systems
14.3.2 Inc; Oracle Corporation; BioClinica; Parexel International Corporation; Datatrak International
14.3.3 Inc; Medidata Solutions
14.3.4 LLC
14.3.5 Inc; eClinicalSolutions; Merge Healthcare
14.3.6 Inc; Acceliant; Clinipace
14.3.7 Medidata Solutions
14.3.8 Inc; and Openclinica