About ePRO, E-Patient Diaries and eCOA
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 ePRO E-Patient Diaries and eCOA 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. 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 user engagement as well. This software can help in connecting with multiple channels to provide enhanced communication services in healthcare hence the demand for the E-Patient Diaries and eCOA is booming.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
ePRO, E-Patient Diaries, and eCOA market, offering a comprehensive analysis of current and future market conditions of key players. The market is fragmented due to the presence of many vendors. With the growing market competition, key vendors are expected to compete on new product developments by adopting new technologies Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global ePRO, E-Patient Diaries and eCOA market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bracket Global LLC (United States), CRF Health, Inc.(United States), ERT Clinical (United States), Medidata Solutions, Inc. (United States), ArisGlobal LLC (United States), Health Diary, Inc.( Canada), ICON plc (Ireland), PAREXEL International Corporation(United States), OmniComm Systems, Inc. (United States) and Kayentis, SAS (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global ePRO, E-Patient Diaries and eCOA market by Type (eCOA (Electronic Clinical Outcome Assessments), ePROs (Patient-Reported Outcomes), ClinROs (Clinician Reported Outcomes), ObsROs (Observer Reported Outcomes), PerfOs (Performance Outcomes) and E-Patient Diaries), Application (Contract Research Organizations, Clinical Trial Sponsors, Academic Institutes and Hospitals) and Region.
On the basis of geography, the market of ePRO, E-Patient Diaries and eCOA has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Modality Type, the sub-segment i.e. Computer will boost the ePRO, E-Patient Diaries and eCOA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Clinical Trial Sponsors will boost the ePRO, E-Patient Diaries and eCOA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancement ePRO, E-Patient Diaries, and eCOA
Market Growth Drivers:
Growth in security and privacy-related risks, The increasing demand within the global epro e-patient diaries is one of the key driving factors of growth and Due to a rise in the number of patients and mass casualties
Challenges:
Shortage of skilled professionals
Restraints:
Lack of awareness regarding ePRO, E-Patient Diaries and eCOA
Opportunities:
Increasing government support for health care expenditure
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, ePRO, E-Patient Diaries, and eCOA Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.