South Africa Eclinical Solutions Market Size & Outlook
South Africa eclinical solutions market, 2018-2030 (US$M)
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South Africa eclinical solutions market highlights
- The South Africa eclinical solutions market generated a revenue of USD 154.9 million in 2023 and is expected to reach USD 381.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 13.7% 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 154.9 million |
| Market revenue in 2030 | USD 381.1 million |
| Growth rate | 13.7% (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, South Africa accounted for 1.1% 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 |
|---|
South 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 18.59% in 2023. Horizon Databook has segmented the South 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.
Supportive government initiatives for improving public health, such as Institute for Healthcare Improvement (IHI), impelling the market growth. Owing to the initiatives undertaken by the government regulatory bodies, the market in South Africa is anticipated to grow over the forecast period.
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Target buyers of South 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 country-level data and insights on the South Africa eclinical solutions market , including forecasts for subscribers. This country databook contains high-level insights into South Africa eclinical solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa eclinical solutions market size, by product, 2018-2030 (US$M)
South Africa EClinical Solutions Market Outlook Share, 2023 & 2030 (US$M)
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