Egypt Eclinical Solutions Market Size & Outlook, 2023-2030
Egypt eclinical solutions market, 2018-2030 (US$M)
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Egypt eclinical solutions market highlights
- The Egypt eclinical solutions market generated a revenue of USD 42.8 million in 2023 and is expected to reach USD 100.6 million by 2030.
- The Egypt market is expected to grow at a CAGR of 13% 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 42.8 million |
| Market revenue in 2030 | USD 100.6 million |
| Growth rate | 13% (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, Egypt accounted for 0.3% 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 Middle East & Africa, South Africa eclinical solutions market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 381.1 million by 2030.
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EClinical Solutions Market Scope
EClinical Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Egypt 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 18.69% in 2023. Horizon Databook has segmented the Egypt 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.
There has been considerable shift in conducting clinical trials by Transitional Pharmaceutical Companies (TNC) in low- and middle-income countries over the last two decades. Presence of favorable research environment and low cost of conducting clinical trials marks are making Egypt an attractive location for medicine testing.
Egypt is the second most popular country after South Africa for conducting clinical trials for the TNCs. There has been a steady increase in the number of clinical trials being conducted in Egypt. As of February 2016, 57 drug trials were active in Egypt. Almost half of these trials were being conducted by F. Hoffmann-La Roche Ltd and Novartis AG. The clinical trial regulatory authorities in this country allow foreign drug trials to be conducted in Egypt only when the product has received an approval in the originating country.
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Target buyers of Egypt eclinical solutions market databook
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Our clientele includes a mix of eclinical solutions market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Egypt eclinical solutions market , including forecasts for subscribers. This country databook contains high-level insights into Egypt eclinical solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Egypt eclinical solutions market size, by product, 2018-2030 (US$M)
Egypt EClinical Solutions Market Outlook Share, 2023 & 2030 (US$M)
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