The report states that E-clinical solutions market will expand at a substantial rate over the forecast period owing to the rising regulatory requirements and operational costs associated with clinical studies, increased adoption of software solutions in the clinical trials area, and a steady rise in the R&D expenditure of pharmaceutical and biotechnology companies. Additionally, e-clinical solutions in Asia Pacific are seeing increased demand owing to the thriving pharmaceuticals industry and the massive surge in clinical research studies in emerging economies across the region.
Owing to the low service costs and easy availability of resources, developing markets in countries such as Taiwan, China, and India have started witnessing an increased interest from pharmaceutical companies for outsourcing a vast set of trials-related tasks. Thus these countries are expected to remain the leading contributors of future growth opportunities for the global e-clinical solutions market in the next few years.
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For providing a much detailed analytical account of the global e-clinical solutions market, the report segments the global e-clinical solutions market on the basis of criteria such as product type, delivery mode, end-use, and geography.