Electronic Clinical Outcome Assessment Solutions Market Size, Share & ForecastPosted by Neha Bora on February 10th, 2020 San Francisco, 10 February 2020: The Report Electronic Clinical Outcome Assessment (eCOA) Solutions Market Analysis By Delivery Mode (Web-hosted, Licensed Enterprise, Cloud-based), By End Use (Hospitals, Biotech/Pharma Organizations), & Segment Forecasts, 2018 – 2025 The global electronic clinical outcome assessment (eCOA) solutions market is expected to reach USD 2.16 billion by 2025, according to a new report by Grand View Research, Inc. The complexity in healthcare information management is anticipated to fuel the demand for eCOA solutions in coming years. These solutions deliver accurate and timely health information and reduce burden of patients enrolled in clinical trials. eCOA measures overall mental state, patient symptoms, and the progression of a disease. Electronic diaries and electronic Patient Reported Outcomes (ePRO) are a part of eCOA platforms. Electronic diaries help document patient response. These are used as support systems for ePRO. In all the applications of clinical outcome assessment systems, the compliance rates are more than 90%, which helps accelerate research procedures. In addition, assessment systems help detect probable adverse conditions in advance for patients, which is crucial for taking preventive measures to avoid adverse effects in future. The ePRO platforms transfer real-time data from the patients to healthcare professionals for accurate decision-making and better evaluation of a patient’s health. Thus, the adoption of these platforms is expected to grow in near future. Growing adoption of software solutions during research studies, high R&D expenditure by pharmaceutical companies, favorable government grants to support clinical trials, and widening base of potential customers are some of the key contributing factors for market growth. Access Research Report of Electronic Clinical Outcome Assessment (eCOA) Solutions Market @ www.grandviewresearch.com/industry-analysis/electronic-clinical-outcome-assessment-ecoa-solutions-market Further Key Findings From the Study Suggest:
Grand View Research has segmented the eCOA solutions market on the basis of the delivery mode, end use, and region: eCOA Solutions Delivery Mode Outlook (Revenue, USD Million, 2014 - 2025)
eCOA Solutions End-use Outlook (Revenue, USD Million, 2014 - 2025)
eCOA Solutions Regional Outlook (Revenue, USD Million, 2014 - 2025)
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