China Electronic Clinical Outcome Assessment Solutions Market Size & Outlook
China electronic clinical outcome assessment solutions market, 2018-2030 (US$M)
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China electronic clinical outcome assessment solutions market highlights
- The China electronic clinical outcome assessment solutions market generated a revenue of USD 57.0 million in 2023 and is expected to reach USD 169.6 million by 2030.
- The China market is expected to grow at a CAGR of 16.9% 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 57.0 million |
| Market revenue in 2030 | USD 169.6 million |
| Growth rate | 16.9% (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, China accounted for 3.7% 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 Asia Pacific, Japan electronic clinical outcome assessment solutions market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 143.5 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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China 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 84.56% in 2023. Horizon Databook has segmented the China 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 rising acceptance of eCOA solutions in China is the key factor fueling the market. To promote and support eResearch Technology’s (ERT) cardiac safety studies and eCOA studies in China, MicroConstants China partnered up with ERT, which offers high-quality patient safety and efficacy endpoint data collection solutions for clinical drug development.
ERT provides solutions for the electronic gathering of self-reported data from patients, doctors, and caregivers, which can be utilized to establish whether or not medicine has been proven to deliver a treatment benefit.
These solutions are offered as PROs, clinician-reported outcomes, and observer-reported outcomes. In addition, ERT provides the AVERT intelligent suicide monitoring and prevention tool. In comparison to the current practice of employing paper-based diaries and assessments, ERT's eCOA solutions offer higher-quality data with exact timestamps & real-time data access for logical branching and edit checks to confirm data accuracy.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 China electronic clinical outcome assessment solutions market , including forecasts for subscribers. This country databook contains high-level insights into China electronic clinical outcome assessment solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China electronic clinical outcome assessment solutions market size, by delivery mode, 2018-2030 (US$M)
China Electronic Clinical Outcome Assessment Solutions Market Outlook Share, 2023 & 2030 (US$M)
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