South Korea Electronic Clinical Outcome Assessment Solutions Market Size & Outlook
South Korea electronic clinical outcome assessment solutions market, 2018-2030 (US$M)
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South Korea electronic clinical outcome assessment solutions market highlights
- The South Korea electronic clinical outcome assessment solutions market generated a revenue of USD 51.1 million in 2023 and is expected to reach USD 158.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.6% 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 51.1 million |
| Market revenue in 2030 | USD 158.5 million |
| Growth rate | 17.6% (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 Korea accounted for 3.3% 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 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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South Korea 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 78.28% in 2023. Horizon Databook has segmented the South Korea 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 success of research for any pharmaceutical company is frequently dependent on selecting the right country in which to conduct a trial. A few elements that need to be taken into account are patient accessibility, government regulations, and clinical experience.
South Korea has recently seen extraordinary growth in this area. The country is currently among the top 10 in the world for carrying out a clinical trial due to its infrastructure, population density (50 million, with 25% concentrated in the Seoul metropolitan area), and clinical experience.
Sponsors typically prefer conducting clinical trials in South Korea owing to the efficiency and high standard of care they receive, according to the Korean National Enterprise for Clinical Trials.
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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 South Korea electronic clinical outcome assessment solutions market , including forecasts for subscribers. This country databook contains high-level insights into South Korea electronic clinical outcome assessment solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea electronic clinical outcome assessment solutions market size, by delivery mode, 2018-2030 (US$M)
South Korea Electronic Clinical Outcome Assessment Solutions Market Outlook Share, 2023 & 2030 (US$M)
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