Market Overview:
The global electronic data capture (EDC) market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for EDC solutions from hospitals, CROs, academic institutes, pharma & biotech organizations, and medical device manufacturers. Additionally, the growing trend of cloud-based EDC solutions is also contributing to the growth of this market. However, factors such as high implementation costs and lack of skilled professionals are restraining the growth of this market. Based on type, the global EDC market can be segmented into web-hosted EDC solutions, licensed enterprise EDC solutions, and cloud-based EDC solutions. The web-hosted EDC solution segment is expected to account for a major share of this market during the forecast period owing to its low implementation costs and easy deployment options.
Product Definition:
Electronic data capture (EDC) is the process of automatically capturing data from a source, such as a clinical trial database, and populating it into an electronic format. The captured data can then be used for a variety of purposes, including clinical reporting and regulatory submissions.
Web-hosted:
The Web-hosted EDC market is expected to witness significant growth over the forecast period owing to its cost effectiveness, ease of use and quick deployment. The major factor responsible for the growth of this market is increasing demand from small & medium enterprises. Small businesses prefer web-based solutions as they are easily scalable as per requirement without any hassles and complications.
Licensed Enterprise:
A licensed enterprise is a company that has been awarded a license to collect the data of another company. The data can be about products, customers or any other aspect of business operations. It is used by the companies for their marketing and promotional activities as well as for tax purposes.
The Electronic Data Capture (EDC) market includes all types of software solutions and services related to licensing, including management tools, analytics solutions.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing adoption of EDC solutions in various industries such as food & beverage, manufacturing, hospitality services and retail among others. Electronic health records have revolutionized healthcare by improving data quality, reducing costs and time required for medical record keeping thereby enabling better patient management which is further driving industry growth.
The hospitals segment accounted for a significant revenue share in 2017 owing to rising investments by governments across the world towards building excellent healthcare facilities coupled with an increase in hospital admissions due to factors such as population expansion along with other contributing factors such as pandemic outbreaks that has resulted into increased demand on resources resulting into higher market penetration rate compared with other segments over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high investments made by various organizations for improving their data capture systems and growing adoption of these systems across numerous industries. Furthermore, increasing government initiatives such as “Healthcare Information Technology for Economic Improvement†(HITECH) Act are also contributing towards growth of this regional market.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period due to increasing awareness about advanced technologies among healthcare organizations and rapid technological advancements in cloud-based electronic data capture applications that facilitate easy management of large volumes of clinical information with accuracy & speed. Moreover, rising number medical device manufacturers in Asia Pacific countries including China, India, South Korea and Japan is further propelling growth across this region.
Growth Factors:
- Increasing demand for data-driven decision making: The need for timely and accurate data is driving the growth of the electronic data capture market. Organizations are increasingly adopting electronic data capture solutions to improve their operational efficiency and make better decisions.
- Proliferation of mobile devices: The growing use of mobile devices is contributing to the growth of the electronic data capture market. With more people using smartphones and tablets, there is a greater demand for applications that can collect and manage information on these devices.
- Rising demand for cloud-based solutions: Cloud-based solutions are becoming increasingly popular due to their scalability, flexibility, and cost-effectiveness. This is contributing to the growth of the electronic data capture market as organizations are moving away from traditional on-premises deployments models towards cloud deployments models..
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Data Capture Market Research Report
By Type
Web-hosted, Licensed Enterprise, Cloud-based
By Application
Hospitals, CROs, Academic Institutes, Pharma & Biotech Organizations, Medical Device Manufacturers, Others
By Companies
Oracle Corporation, PAREXEL International Corporation, Medidata Solution, Inc., BioClinica, DATATRAK International, Inc., Openclinica, LLC, Clinical CLINIPACE, INC., Merge Healthcare Incorporated, Omni Comm Systems, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Data Capture Market Report Segments:
The global Electronic Data Capture market is segmented on the basis of:
Types
Web-hosted, Licensed Enterprise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, CROs, Academic Institutes, Pharma & Biotech Organizations, Medical Device Manufacturers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oracle Corporation
- PAREXEL International Corporation
- Medidata Solution, Inc.
- BioClinica
- DATATRAK International, Inc.
- Openclinica, LLC
- Clinical CLINIPACE, INC.
- Merge Healthcare Incorporated
- Omni Comm Systems, Inc.
Highlights of The Electronic Data Capture Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web-hosted
- Licensed Enterprise
- Cloud-based
- By Application:
- Hospitals
- CROs
- Academic Institutes
- Pharma & Biotech Organizations
- Medical Device Manufacturers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Data Capture Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic data capture (EDC) is a process of capturing and recording information electronically. This can include anything from customer data to employee records. EDC systems can help businesses improve efficiency, accuracy, and transparency.
Some of the major companies in the electronic data capture market are Oracle Corporation, PAREXEL International Corporation, Medidata Solution, Inc., BioClinica, DATATRAK International, Inc., Openclinica, LLC, Clinical CLINIPACE, INC., Merge Healthcare Incorporated, Omni Comm Systems, Inc..
The electronic data capture market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Data Capture Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Data Capture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Data Capture Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Data Capture Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Data Capture Market Size & Forecast, 2018-2028
4.5.1 Electronic Data Capture Market Size and Y-o-Y Growth
4.5.2 Electronic Data Capture Market Absolute $ Opportunity
Chapter 5 Global Electronic Data Capture Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Data Capture Market Size Forecast by Type
5.2.1 Web-hosted
5.2.2 Licensed Enterprise
5.2.3 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Data Capture Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Data Capture Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 CROs
6.2.3 Academic Institutes
6.2.4 Pharma & Biotech Organizations
6.2.5 Medical Device Manufacturers
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Data Capture Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Data Capture Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Data Capture Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Data Capture Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Data Capture Market Size Forecast by Type
9.6.1 Web-hosted
9.6.2 Licensed Enterprise
9.6.3 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Data Capture Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 CROs
9.10.3 Academic Institutes
9.10.4 Pharma & Biotech Organizations
9.10.5 Medical Device Manufacturers
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Data Capture Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Data Capture Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Data Capture Market Size Forecast by Type
10.6.1 Web-hosted
10.6.2 Licensed Enterprise
10.6.3 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Data Capture Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 CROs
10.10.3 Academic Institutes
10.10.4 Pharma & Biotech Organizations
10.10.5 Medical Device Manufacturers
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Data Capture Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Data Capture Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Data Capture Market Size Forecast by Type
11.6.1 Web-hosted
11.6.2 Licensed Enterprise
11.6.3 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Data Capture Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 CROs
11.10.3 Academic Institutes
11.10.4 Pharma & Biotech Organizations
11.10.5 Medical Device Manufacturers
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Data Capture Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Data Capture Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Data Capture Market Size Forecast by Type
12.6.1 Web-hosted
12.6.2 Licensed Enterprise
12.6.3 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Data Capture Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 CROs
12.10.3 Academic Institutes
12.10.4 Pharma & Biotech Organizations
12.10.5 Medical Device Manufacturers
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Data Capture Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Data Capture Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Data Capture Market Size Forecast by Type
13.6.1 Web-hosted
13.6.2 Licensed Enterprise
13.6.3 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Data Capture Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 CROs
13.10.3 Academic Institutes
13.10.4 Pharma & Biotech Organizations
13.10.5 Medical Device Manufacturers
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Data Capture Market: Competitive Dashboard
14.2 Global Electronic Data Capture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oracle Corporation
14.3.2 PAREXEL International Corporation
14.3.3 Medidata Solution, Inc.
14.3.4 BioClinica
14.3.5 DATATRAK International, Inc.
14.3.6 Openclinica, LLC
14.3.7 Clinical CLINIPACE, INC.
14.3.8 Merge Healthcare Incorporated
14.3.9 Omni Comm Systems, Inc.
