South Africa Electronic Clinical Outcome Assessment Solutions Market Size & Outlook
South Africa electronic clinical outcome assessment solutions market, 2018-2030 (US$M)
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South Africa electronic clinical outcome assessment solutions market highlights
- The South Africa electronic clinical outcome assessment solutions market generated a revenue of USD 11.7 million in 2023 and is expected to reach USD 32.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 15.6% 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 11.7 million |
| Market revenue in 2030 | USD 32.3 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% 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 Middle East & Africa, South Africa electronic clinical outcome assessment 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 32.3 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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South Africa 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 84.62% in 2023. Horizon Databook has segmented the South Africa 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 emergence of COVID-19 in low- and middle-income countries such as South Africa, which already have a high disease burden, has increased the need for robust electronic health information systems to enable efficient pandemic surveillance.
As a result, South Africa has advocated for scaling up digital health technologies to improve access to healthcare and health system strengthening the systems. Therefore, rising demand for Electronic Health Records (EHRs), increasing use of smartphones, and growing demand for clinical trials are key factors promoting market growth.
Furthermore, the rising cost of current overall drug development techniques for pharmaceutical firms has led to their adoption of electronic information collection over paper-based processes, which is expected to drive market growth over the forecast period.
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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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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 electronic clinical outcome assessment solutions market , including forecasts for subscribers. This country databook contains high-level insights into South Africa electronic clinical outcome assessment solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa electronic clinical outcome assessment solutions market size, by delivery mode, 2018-2030 (US$M)
South Africa Electronic Clinical Outcome Assessment Solutions Market Outlook Share, 2023 & 2030 (US$M)
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