Canada Electronic Clinical Outcome Assessment Solutions Market Size & Outlook
Canada electronic clinical outcome assessment solutions market, 2018-2030 (US$M)
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Canada electronic clinical outcome assessment solutions market highlights
- The Canada electronic clinical outcome assessment solutions market generated a revenue of USD 111.6 million in 2023 and is expected to reach USD 277.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 13.9% from 2024 to 2030.
- In terms of segment, web & cloud based was the largest revenue generating delivery mode in 2023.
- Web & Cloud based is the most lucrative delivery mode segment registering the fastest growth during the forecast period.
Electronic clinical outcome assessment solutions market data book summary
| Market revenue in 2023 | USD 111.6 million |
| Market revenue in 2030 | USD 277.9 million |
| Growth rate | 13.9% (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 |
Other key industry trends
- In terms of revenue, Canada accounted for 7.3% of the global electronic clinical outcome assessment solutions market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. electronic clinical outcome assessment solutions market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 277.9 million by 2030.
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Electronic Clinical Outcome Assessment Solutions Market Scope
Electronic Clinical Outcome Assessment Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada electronic clinical outcome assessment 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 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 74.64% in 2023. Horizon Databook has segmented the Canada 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.
Stringent regulatory requirements imposed on pharmaceutical and biotech industries have prompted drug manufacturers to automate their clinical trial result process. For instance, Health Canada is the country’s competent authority in charge of monitoring and inspecting clinical trials in Canada, according to the CanadaFDA, the CanadaFDR, the G-CanadaCTApps, and CAN-29.
According to G-CanadaCTApps, Health Canada permits clinical trials to be conducted in the country and regulates the sale & import of medications used in clinical trials in compliance with CanadaFDR provisions.
As a result, the need for eCOA solutions has significantly increased in recent years. Over the forecast period, the pharmaceutical industry's rapid use of cloud computing and rising investments in clinical data management systems are anticipated to drive the country’s eCOA market.
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Our clientele includes a mix of electronic clinical outcome assessment solutions market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada electronic clinical outcome assessment solutions market , including forecasts for subscribers. This country databook contains high-level insights into Canada electronic clinical outcome assessment solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada electronic clinical outcome assessment solutions market size, by delivery mode, 2018-2030 (US$M)
Canada Electronic Clinical Outcome Assessment Solutions Market Outlook Share, 2023 & 2030 (US$M)
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