The global electronic data capture systems market size was exhibited at USD 1.85 billion in 2022 and is projected to hit around USD 7.29 billion by 2032, growing at a CAGR of 14.7% during the forecast period 2023 to 2032.
Key Pointers:
Electronic Data Capture Systems Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 2.12 Billion |
Market Size by 2032 | USD 7.29 Billion |
Growth Rate From 2023 to 2032 | CAGR of 14.7% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Delivery mode, Component, Development phase, End-user |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Regional Scope | North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
Key Companies Profiled |
Calyx; Castor; OpenClinica, LLC; IBM; IQVIA Inc.; Medidata Solutions, Inc.; Oracle; DATATRAK International, Inc.; Clario; Veeva Systems |
Electronic data capture system is web-based software utilized to store all the data of a patient collected through tests and clinical trials. The data when reported on the paper is then captured and save on electronic data capture system. The surveys say that almost 80% clinical trials fail due to rising complexity in the data management which delays drug commercialization too because of unmet regulatory needs. As clinical research facilities and companies need to work more in less time, such electronic data capture systems are a good alternative as it saves time, gives accuracy, therefore, give fast results in less time. Therefore, the demand for electronic data capture systems is increasing in pharmaceutical companies and clinical research organizations.
Electronic data capture has become one of the preferred techniques for researchers and health professionals in clinical studies. Improvements in management of information & analysis need to compile technical, medical and scientific data clearly and precisely is contributing towards the requirement of electronic data capture which in turn is fostering the growth of the global electronic data capture system market. Clinical trials, medical devices, and electronic medical records all have significant growth potential thanks to eClinical systems, which provide a wide choice of workflow alternatives. These advantages include advice on how to interpret new findings in a medical context and the elimination of data discrepancies. Advanced statistical analysis and improved compilation of technical and scientific data required for regulatory agreement on clinical studies are also advantages of employing electronic data capture systems.
These are thought to improve the whole approval process and, as a result, increase the number of people who use EDC procedures in the future. All such factors are equally contributing to the growth of the global market. The most important factor for the growth of the global electronic data capture market is the rapid advancement of technology. Furthermore, to stay up with changes in the market, a big number of providers are always developing new EDC approaches. This is likely to boost the global electronic data capture system market growth during the forecast period. However, investing in electronic data capture system can be considered as a huge investment for small scale companies and start-ups, thus, the market may witness a bit decline in such cases. Also, as there are many alternative options, such as software-as-a-service which also work similarly and support the clinical research, which may create hindrance in the growth of the global electronic data capture system market.
In a primer need to streamline Covid-19 data collection and help in smooth process during the Covid-19, the companies tried making their reports with electronic data capture. The properties of electronic data capture system may help in Covid-19 research studies to understand the virus and help preventing future waves like it is doing now. The usage of EDC, therefore, grew during the pandemic thereby accelerating the growth of the global electronic data capture system market.
Electronic Data Capture Systems Market Segmentation
By Delivery Mode | By Component | By Development Phase | By End-user |
On-premise Web & Cloud-based |
Software Services |
Phase I Phase II Phase III Phase IV |
Hospitals/Healthcare providers CROs Pharmaceutical and Biotechnology Firms Medical Device Firms Others |
Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.2 Research Methodology
1.3 Information procurement
1.3.1 Purchased database
1.3.2 Nova one advisor internal database
1.3.3 Secondary sources
1.3.4 Primary research
1.3.5 Details of primary research
1.4 Information or Data Analysis
1.4.1 Data analysis models
1.5 Market Formulation & Validation
1.6 Model Details
1.7 List of Secondary Sources
1.8 Objectives
Chapter 2 Executive Summary
2.1 Electronic Data Capture (EDC) Systems Market Summary
Chapter 3 Electronic Data Capture (EDC) Systems Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Penetration & Growth Prospect Mapping, 2023
3.3 Electronic Data Capture (EDC) Systems Market Dynamics
3.3.1 Market driver analysis
3.3.2 Market restraint analysis
3.4 Electronic Data Capture (EDC) Systems Market Analysis Tools: Porters
3.4.1 Supplier Power
3.4.2. Buyer Power
3.4.3. Substitution Threat
3.4.4. Threat of New Entrants
3.4.5. Competitive Rivalry
3.5 Electronic Data Capture (EDC) Systems Industry Analysis - PEST (Political & Legal, Economic, Social, and Technological)
3.5.1 Political/Legal Landscape
3.5.2 Economic Landscape
3.5.3 Social Landscape
3.5.4 Technology Landscape
Chapter 4 COVID-19 Impact Analysis
4.1 Current Impact & Future Scenario
4.2. Impact on Market Players
Chapter 5 Electronic Data Capture (EDC) Systems Market: Segment Analysis, By Development Phase, 2020 - 2032
5.1 Development Phase Market Share Analysis, 2023 & 2032
5.2 Electronic Data Capture (EDC) Systems market, by Development Phase, 2020 to 2032
5.3 Phase I
5.3.1 Phase I market, 2020 - 2032
5.4 Phase II
5.4.1 Phase II market, 2020 - 2032
5.5 Phase III
5.5.1 Phase III market, 2020 - 2032
5.6 Phase IV
5.6.1 Phase IV market, 2020 - 2032
Chapter 6 Electronic Data Capture (EDC) Systems Market: Segment Analysis, By Delivery Mode, 2020 - 2032
6.1 Delivery Mode Market Share Analysis, 2023 & 2032
6.2 Electronic Data Capture (EDC) Systems market, by Delivery Mode, 2020 to 2032
6.3 Web & Cloud-based
6.3.1 Web & Cloud-based market, 2020 - 2032
6.4 On-premise
6.4.1 On-premise market, 2020 - 2032
Chapter 7 Electronic Data Capture (EDC) Systems Market: Segment Analysis, By Component, 2020 - 2032
7.1 Component Market Share Analysis, 2023 & 2032
7.2 Electronic Data Capture (EDC) Systems Market, by Component, 2020 to 2032
7.3 Software
7.3.1 Software market, 2020 - 2032
7.4 Services
7.4.1 Services market, 2020 - 2032
Chapter 8 Electronic Data Capture (EDC) Systems Market: Segment Analysis, By End-user, 2020 - 2032
8.1 End-user Market Share Analysis, 2023 & 2032
8.2 Electronic Data Capture (EDC) Systems Market, by End-user, 2020 to 2032
8.3 Pharmaceutical and Biotechnology Firms
8.3.1 Pharmaceutical and Biotechnology Firms market, 2020 - 2032
8.4 Medical Device Firms
8.4.1 Medical Device Firms market, 2020 - 2032
8.5 Hospitals/Healthcare providers
8.5.1 Hospitals/Healthcare providers market, 2020 - 2032
8.6 CROs
8.6.1 CROs market, 2020 - 2032
8.7 Others
8.7.1 Others market, 2020 - 2032
Chapter 9 Electronic Data Capture (EDC) Systems Market: Regional Market Analysis 2020 - 2032
9.1 Definition & Scope
9.2 Regional Movement Analysis, 2023 & 2032
9.3 Regional Market Snapshot
9.4 North America
9.4.1 North America Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.4.2. U.S.
9.4.2.1 U.S. Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.4.3 Canada
9.4.3.1 Canada Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.5 Europe
9.5.1 Europe Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.5.2 UK
9.5.2.1 UK Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.5.3 Germany
9.5.3.1 Germany Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.5.4 France
9.5.4.1 France Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.5.5 Italy
9.5.5.1 Italy Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.5.6 Spain
9.5.6.1 Spain Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.6 Asia Pacific
9.6.1 Asia Pacific Electronic Data Capture (EDC) Systems market, 2020 - 2032
9.6.2 Japan
9.6.2.1 Japan Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.6.3 China
9.6.3.1 China Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.6.4 India
9.6.4.1 India Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.6.5 Australia
9.6.5.1 Australia Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.6.6 South Korea
9.6.6.1 South Korea Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.7 Latin America
9.7.1 Latin America Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.7.2 Brazil
9.7.2.1 Brazil Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.7.3 Mexico
9.7.3.1 Mexico Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.8 MEA
9.8.1 MEA Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.8.2 South Africa
9.8.2.1 South Africa Electronic Data Capture (EDC) Systems Market, 2020 - 2032
9.8.3 Saudi Arabia
9.8.3.1 Saudi Arabia Electronic Data Capture (EDC) Systems Market, 2020 - 2032
Chapter 10 Electronic Data Capture (EDC) Systems Market - Competitive Analysis
10.1 Participant’s Overview
10.2 Financial Performance
10.3 Product Benchmarking
10.4. Participant Categorization
10.4.1 Market Leaders
10.4.2 Strategy Mapping
10.5. List of Market Players
Chapter 11 Electronic Data Capture (EDC) Systems Market - Company Profiles
11.1 IQVIA Inc.
11.1.1 Company overview
11.1.2 Financial performance
11.1.3 Product benchmarking
11.1.4 Strategic initiatives
11.2 Medidata Solutions, Inc.
11.2.1 Company overview
11.2.2 Financial performance
11.2.3 Product benchmarking
11.2.4 Strategic initiatives
11.3 Oracle
11.3.1 Company overview
11.3.2 Financial performance
11.3.3 Product benchmarking
11.3.4 Strategic initiatives
11.4 DATATRAK International, Inc.
11.4.1 Company overview
11.4.2 Financial performance
11.4.3 Product benchmarking
11.4.4 Strategic initiatives
11.5 Clario
11.5.1 Company overview
11.5.2 Financial performance
11.5.3 Product benchmarking
11.5.4 Strategic initiatives
11.6 Castor
11.6.1 Company overview
11.6.2 Financial performance
11.6.3 Product benchmarking
11.6.4 Strategic initiatives
11.7 Calyx
11.7.1 Company overview
11.7.2 Financial performance
11.7.3 Product benchmarking
11.7.4 Strategic initiatives
11.8 OpenClinica, LLC
11.8.1 Company overview
11.8.2 Financial performance
11.8.3 Product benchmarking
11.8.4 Strategic initiatives
11.9 IBM
11.9.1 Company overview
11.9.2 Financial performance
11.9.3 Product benchmarking
11.9.4 Strategic initiatives
11.10 Veeva Systems
11.10.1 Company overview
11.10.2 Financial performance
11.10.3 Product benchmarking
11.10.4 Strategic initiatives