Market revenue in 2023 | USD 35.4 million |
Market revenue in 2030 | USD 106.2 million |
Growth rate | 17% (CAGR from 2023 to 2030) |
Largest segment | Web & cloud based |
Fastest growing segment | Web & Cloud based |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Web & Cloud based, On-premise |
Key market players worldwide | International Business Machines Corp, IQVIA Holdings Inc, Medidata, Clario, ArisGlobal, Signant Health |
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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 electronic clinical outcome assessment solutions market will help companies and investors design strategic landscapes.
Web & cloud based was the largest segment with a revenue share of 81.07% in 2023. Horizon Databook has segmented the Australia electronic clinical outcome assessment solutions market based on web & cloud based, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for and adoption of eCOA solutions can be accelerated by the complexity of healthcare information management. These solutions allow healthcare facilities to receive reliable and timely health information while easing the burden on patients participating in research trials.
With the rapid expansion of Australia’s healthcare sector, there is an increase in the need for R&D to develop novel treatments and medications. eCOA solutions have proven to be very successful and economical over recent years.
Pharmaceutical businesses are investing more in clinical trials, and advancements in clinical data management are also on the rise. The pharma industry's adoption of cloud computing is anticipated to have a beneficial impact on market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia electronic clinical outcome assessment solutions market , including forecasts for subscribers. This country databook contains high-level insights into Australia electronic clinical outcome assessment solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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