Market revenue in 2023 | USD 17.7 million |
Market revenue in 2030 | USD 48.7 million |
Growth rate | 15.6% (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 80.79% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil has an accelerated pathway for medication approval for ultrarare conditions, which is promoting multiple development activities in the country. Owing to this, biotech companies are choosing Brazil for the drug development process, which is expected to increase the demand for eCOA solutions for better, more convenient, and faster clinical trials for new drug development & clinical research.
Moreover, Brazil is the sixth largest pharmaceutical market in the world, where clinical trials for regulatory compliance are upheld by qualified and experienced workforce, which is likely to propel the country’s eCOA market.
As a result, various pharmaceutical and biopharmaceutical companies are adopting eCOA solutions for new drug development to boost clinical trial activity and reduce the burden of overall costs. These factors are anticipated to fuel the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil electronic clinical outcome assessment solutions market , including forecasts for subscribers. This country databook contains high-level insights into Brazil electronic clinical outcome assessment solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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