Global Market Study on ePRO, E-Patient Diaries and eCOA: E-Patient Diaries Solution Type to Register High Y-o-Y Growth Rates During 2017 - 2025


Epro Epatient Diaries And Ecoa Market
  • Published On : Nov-2017 |
  • Pages : 299 Pages |
  • Format :

A research publication that provides a comprehensive snapshot of the global ePRO, e-patient diaries and eCOA market

Persistence Market Research has come up with a new exhaustive research report on the global ePRO, e-patient diaries and eCOA market. The report titled ‘ePRO, E-Patient Diaries and eCOA Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’ gives a clear insight on the developments in the market and provides a revenue forecast for the period 2017 to 2025. The report is structured in a manner that it covers every aspect of the market including the drivers positively impacting revenue growth, trends that are governing the market and also the restraints that are limiting the growth of the global market. The analysis is based on these factors that are influencing the market in one way or the other and the results prove to be very useful for businesses that are focusing on their expansion in this market.

An integral part of this market study is a detailed assessment of the short-term and long-term business strategies of key stakeholders operating in the global ePRO, e-patient diaries and eCOA market – including manufacturers, distributors, resellers, and suppliers. An entire chapter is devoted to an analysis of the competitive vendor landscape of the global ePRO, e-patient diaries and eCOA market including detailed profiles of some of the top companies dominating the global market. This detailed level of information on key market players has been incorporated to provide a panoramic view of the vendor ecosystem of the global ePRO, e-patient diaries and eCOA market. Both established market players and new entrants to the global market can acquire useful insights into the dynamics of the market competition, thereby enabling them to take informed business decisions.

Segmentation of the Global ePRO, E-Patient Diaries and eCOA Market

Type of Solution

End User

Modality Type

Region

  • eCOA (Electronic Clinical Outcome Assessments)
  • ePROs (Patient Reported Outcomes)
  • ClinROs (Clinician Reported Outcomes)
  • ObsROs (Observer Reported Outcomes)
  • PerfOs (Performance Outcomes)
  • E-Patient Diaries
  • Clinical Trial Sponsors
  • Contract Research Organizations (CROs)
  • Hospitals
  • Academic Institutes
  • Pharmaceutical Companies
  • Medical Device Manufacturers
  • Computer
  • Mobile Devices (Smartphones and Tablets)
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

A result oriented research methodology

The motive behind this research methodology was to explore the potential of the global ePRO, e-patient diaries and eCOA market, which is segmented by type of solution, modality type and end user. To prepare the report, important data has been gathered from different sources with the help of an exhaustive methodology comprising primary and secondary research. The secondary research involves collection of data from secondary sources such as articles, journals, blogs, and company websites, while primary research validates this data through discussions and interviews with key industry stakeholders and market experts. To ensure the accuracy of the collected information, the raw data is revaluated and reanalyzed by the analysts using advanced methodologies to arrive at the final data stream, which is then processed to garner useful insights into the market.

Key USPs of the report

  • A good introduction to the market followed by an executive summary presenting a snapshot of the entire market including our analysis and recommendations will enable you to plan your investments in the global ePRO, e-patient diaries and eCOA market wisely
  • Individual focus on the global market forecast, segmental forecasts, and regional forecasts along with pertinent insights on the same will facilitate informed decision making
  • A dedicated chapter on the competitive landscape of the market featuring a key player dashboard and company profiles (with company overview, key financials, business strategies, and recent market developments) will help you study your immediate competition
  • Useful metrics such as CAGR, Y-o-Y growth, absolute $ opportunity, incremental $ opportunity, and basis point share will substantiate our research findings and provide quantitative insights on the global ePRO, e-patient diaries and eCOA market

Technological advancements to bring in enhancements through real-time communication systems  

Advancements in technology have caught up in a big way in the global healthcare industry. Doctors and healthcare professionals are seen experimenting with new and advanced instruments and are also adopting new methods of treating their patients, owing to an increase in the number of patients and mass casualties. The global ePRO, e-patient diaries and eCOA market is experiencing an exceptional growth. This software can help in connecting with multiple channels to provide enhanced communication services in healthcare.

The ePRO technology is an electronic patient reported outcome that is collected by electronic devices such as smartphones, tablets and computers. Similarly eCOA also uses smartphones and other electronic devices to collect patient related data. With the increase in demand for smartphones there is also an increase in the demand for technologies such as ePRO, eCOA, etc. People prefer generating electronic data for their reports owing to the various inherent benefits such as elimination of data duplication, reduction in transcription errors, real-time data access, and accuracy of the data generated. These technologies have also improved patient compliance due to the provision of new apps that connect patients with doctors anytime and anywhere. The convenience offered by these technologies helps maintain the user engagement as well.

Increase in security and privacy related risks

Advancements in technology are typically accompanied by security and privacy concerns. In clinical communication and collaboration solutions there is a risk involved with the generation of health data. Global healthcare security policies dictate that patient data should be accessible only to doctors and other hospital authorized staff. But technological advancements open the gates for many fraudulent activities and cyber-attacks, some of which are inevitable.

Technologies such as ePRO, e-patient diaries and eCOA also decrease the rate of human interaction exceptionally. Patients these days are more inclined towards virtualized treatments. Lack of direct contact between patients and healthcare professionals increases the risk of errors in clinical services delivered to the patients. At times, patients can face grave issues such as healthcare services being delivered by inexperienced professionals in the healthcare industry using such faceless technological platforms.

eCOA solution type expected to lead the global market in terms of value

By type of solution, the eCOA segment is anticipated to be the largest with an estimated market share of about 66% in 2017 and 2025. In terms of value, the eCOA solution type is anticipated to increase 3.1X between 2017 and 2025. eCOA is also projected to be the dominant as well as most attractive type of solution in the global ePRO, e-patient diaries and eCOA market during the forecast period.

epro E patient diaries and ecoa market

eCOA solution type to dominate the North America ePRO, e-patient diaries and eCOA market

The report focuses on the performance of the different segments of global ePRO, e-patient diaries and eCOA market across various regional segments. According to the outcomes of the analysis, North America is expected to dominate the global market throughout the forecast period. Among the solution types, eCOA leads the market in the North America region with ePRO being the most lucrative sub segment. The market of eCOA in North America is anticipated to hold a value of US$ 307 Mn in 2017 and this is expected to reach just under US$ 945 Mn in 2025. The growth of eCOA is largely contributed by the ePRO sub segment, which is anticipated to reach a market value of around US$ 339 Mn in 2025. However, the e-patient diaries market is expected to be a tough competitor to the eCOA market in the North America region in terms of CAGR during 2017-2025.

Company Profiles 

  • Bracket Global LLC
  • CRF Health, Inc.
  • ERT Clinical
  • Medidata Solutions, Inc.
  • ArisGlobal LLC
  • Health Diary, Inc.
  • ICON plc
  • PAREXEL International Corporation
  • OmniComm Systems, Inc.
  • Kayentis, SAS
  • Others.
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