Global Electronic Data Capture Market Growth (Status and Outlook) 2023-2029

Global Electronic Data Capture Market Growth (Status and Outlook) 2023-2029

An electronic data capture (EDC) system is a computerized system designed for the collection of clinical data in electronic format for use mainly in human clinical trials. EDC replaces the traditional paper-based data collection methodology to streamline data collection and expedite the time to market for drugs and medical devices. EDC solutions are widely adopted by pharmaceutical companies and clinical research organizations (CRO).

LPI (LP Information)' newest research report, the “Electronic Data Capture Industry Forecast” looks at past sales and reviews total world Electronic Data Capture sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Data Capture sales for 2023 through 2029. With Electronic Data Capture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Data Capture industry.

This Insight Report provides a comprehensive analysis of the global Electronic Data Capture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Data Capture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Data Capture market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Data Capture and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Data Capture.

The global Electronic Data Capture market size is projected to grow from US$ 250.1 million in 2022 to US$ 438.5 million in 2029; it is expected to grow at a CAGR of 8.4% from 2023 to 2029.

North America held the largest market share as of 2017 owing to the presence of higher awareness levels and stringent regulatory norms pertaining to the handling of clinical information. In addition, the presence of major pharmaceutical companies in this region is anticipated to boost the adoption of EDC systems over the forecast period.

Asia Pacific market for EDC systems is presumed to witness lucrative growth in near future due to the presence of a large number of CROs offering eClinical solutions to large pharmaceutical companies.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Data Capture market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Web-hosted
Licensed Enterprise
Cloud-based

Segmentation by application
Hospitals
CROs
Academic Institutes
Pharma & Biotech Organizations
Medical Device Manufacturers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Oracle Corporation
PAREXEL International Corporation
Medidata Solution, Inc.
BioClinica
DATATRAK International, Inc.
Openclinica, LLC
Clinical CLINIPACE, INC.
Merge Healthcare Incorporated
Omni Comm Systems, Inc.

Please note: The report will take approximately 2 business days to prepare and deliver.