Middle East & Africa Eclinical Solutions Market Size & Outlook
Middle East & Africa eclinical solutions market, 2018-2030 (US$M)
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MEA eclinical solutions market highlights
- The MEA eclinical solutions market generated a revenue of USD 438.6 million in 2023.
- The market is expected to grow at a CAGR of 13.4% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 438.6 million |
| Market revenue in 2030 | USD 1,057.3 million |
| Growth rate | 13.4% (CAGR from 2023 to 2030) |
| Largest segment | Ctms |
| Fastest growing segment | ECOA |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 3.2% of the global eclinical solutions market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,471.3 million by 2030.
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EClinical Solutions Market Scope
EClinical Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 18.6% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Middle East market is expected to witness a surge in the usage rates of integrated electronic technology. High-speed internet has multiplied, leading to the growth of the market. Some regions in Africa are inadequately equipped in terms of basic communications infrastructure, such as telephone lines.
Although, they face such issues, they are overcoming the deficit by rapidly adopting cellular phones, which run on wireless networks. Middle East and Africa are effective in adopting new eClinical technologies that are powered by wireless communication networks or satellite links.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa eclinical solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa eclinical solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA eclinical solutions market size, by country, 2018-2030 (US$M)
Middle East & Africa EClinical Solutions Market Outlook Share, 2023 & 2030 (US$M)
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