As per the recently published report by MarketsandMarket™, The report "Electronic Clinical Outcome Assessment (eCOA) Solution Market by Modality (Wearable, Mobile, BYOD), Type (PRO, CLINRO, OBSRO, PERFO), Use ([Clinical trial: Onco, Rare, Mental Health], RWE, Registery], End User, and Region - Global Forecast to 2029", is projected to reach USD 3.9 billion by 2029 from USD 1.8 billion in 2024, at a CAGR 16.6%.
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- 150
Market Data Tables
- 45
Figures
- 211
Pages and in-depth TOC on "Electronic Clinical Outcome
Assessment (eCOA) Solution Market - Global Forecast to 2029”
Some of the prominent key players are:
- Signant
Health (US),
- IQVIA
HOLDINGS INC, (US),
- Oracle
Corporation (US),
- Kayentis
(France),
- TransPerfect
(US), and many more......
Mergers
& acquisitions, investments & expansions, partnerships &
collaborations, and new product developments are some of the major strategies
adopted by these key players to enhance their positions in the Electronic
Clinical Outcome Assessment (eCOA) Solution Market.
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- Based
on component, the Electronic Clinical Outcome Assessment (eCOA) Solutions
market is segmented into software, services, and wearable, mobile &
other devices. The wearable, mobile & other devices segment is further
categorized into bring your own device model (BYOD), Provisioned device
model, and hybrid model. The hybrid model is the fastest growing in
Electronic Clinical Outcome Assessment (eCOA) Solutions market in 2023
attributing to its ability to offer a balanced and flexible approach to
data collection in clinical trials.
- Based
on application, the Electronic Clinical Outcome Assessment (eCOA)
Solutions market is segmented into clinical trials, observational studies
and real-world evidence (RWE) generation, patient management and
registries, and other applications. Among these the observational studies
and real-world evidence generation is the fastest growing in the
Electronic Clinical Outcome Assessment (eCOA) Solutions market in 2023
attributing to an increasing emphasis on real-world data's significance in
healthcare decision-making.
- Based
on end users, the Electronic Clinical Outcome Assessment (eCOA) Solutions
market is segmented into pharmaceutical & biotechnology companies,
contract research organizations (CROs), medtech companies, government
organizations, research centers & academic institutes, hospitals &
healthcare providers, and consulting service companies.
- The
Electronic Clinical
Outcome Assessment (eCOA) Solutions market is segmented into five major
regional segments, namely, North America, Europe, Asia Pacific, Latin
America and Middle East and Africa. In 2023, North America accounted for
the largest share of the Electronic Clinical Outcome Assessment (eCOA)
Solutions market.
The new research
study consists of an industry trend analysis of the market. The new research
study consists of industry trends, pricing analysis, patent analysis,
conference and webinar materials, key stakeholders, and buying behaviour in the
market. Growth of the eCOA solution market is mainly driven by increasing
investment in R&D by medical device companies, and rising penetration of
connected devices in healthcare institutes.
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