Australia Eclinical Solutions Market Size & Outlook
Australia eclinical solutions market, 2018-2030 (US$M)
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Australia eclinical solutions market highlights
- The Australia eclinical solutions market generated a revenue of USD 449.2 million in 2023 and is expected to reach USD 1,245.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
- In terms of segment, ctms was the largest revenue generating product in 2023.
- ECOA is the most lucrative product segment registering the fastest growth during the forecast period.
Eclinical solutions market data book summary
| Market revenue in 2023 | USD 449.2 million |
| Market revenue in 2030 | USD 1,245.2 million |
| Growth rate | 15.7% (CAGR from 2023 to 2030) |
| Largest segment | Ctms |
| Fastest growing segment | ECOA |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ECOA, EDC & CDMS, Clinical Analytics Platforms, Clinical Data Integration Platforms, Safety solutions, CTMS, RTSM, ETMF, EConsent |
| Key market players worldwide | DATATRAK International Inc, Oracle Corp, PAREXEL, Dassault Systemes SE, Signant Health, Clario, eClinicalWorks, International Business Machines Corp, IQVIA Holdings Inc, Veeva Systems Inc Class A, Anju Software, MaxisIT Inc., Castor |
Other key industry trends
- In terms of revenue, Australia accounted for 3.2% of the global eclinical solutions market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan eclinical solutions market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,612.5 million by 2030.
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EClinical Solutions Market Scope
EClinical Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia eclinical solutions market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to eclinical solutions market will help companies and investors design strategic landscapes.
Ctms was the largest segment with a revenue share of 20.08% in 2023. Horizon Databook has segmented the Australia eclinical solutions market based on ecoa, edc & cdms, clinical analytics platforms, clinical data integration platforms, safety solutions, ctms, rtsm, etmf, econsent covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is anticipated to show growth over the coming years. The healthcare system has provision for covering a larger part of the healthcare expenditure in the country. The country spends a large amount of GDP in the healthcare sector. In 2019-20, total spending on health was near about USD 81.8 billion. This is expected to provide a huge platform for the market.
In addition, various companies located across Australia are increasingly adopting eClinical solutions thus broadening the scope for growth across this country. For instance, in July 2013, Novotech, an Australia-based contract research organization, expanded its partnership with Medidata solutions, for enhanced data management and streamline clinical processes. Also, in October 2012, Datapharm Australia selected Merge eClinicalOS, for enterprise-wide electronic data capture and control.
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Our clientele includes a mix of eclinical solutions market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia eclinical solutions market , including forecasts for subscribers. This country databook contains high-level insights into Australia eclinical solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia eclinical solutions market size, by product, 2018-2030 (US$M)
Australia EClinical Solutions Market Outlook Share, 2023 & 2030 (US$M)
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