Electronic Data Capture (EDC) Software Market
Electronic Data Capture (EDC) Software Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Electronic Data Capture (EDC) Software Market Size and Growth
The Electronic Data Capture (EDC) Software market is experiencing robust growth, projected to reach approximately $1.5 billion by 2025. Demand is driven by increasing clinical trial complexities and the need for efficient data management solutions. Advancements in technology and regulatory compliance support market expansion, enhancing data accuracy and accessibility.
Companies Covered
(Covid 19 Impact Covered)
◍ IBM
◍ Forte Research Systems
◍ Castor EDC
◍ OpenClinica
◍ Data MATRIX
◍ Medidata Solutions
◍ Medrio
◍ FlaskData
◍ Bioclinica
◍ Anju Software
◍ Arivis
◍ DATATRAK
◍ Axiom Real-Time Metrics
◍ Prelude Dynamics
◍ Quretec
The EDC software market is competitive, featuring companies like IBM, Forte Research Systems, and Medidata Solutions. These firms enhance data collection efficiency, ensure compliance, and improve trial management. They drive market growth through innovation, partnerships, and expanding services. Sales figures include Medidata at $1.5 billion and IBM's cloud revenue at $28 billion.
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Market Segmentation
By Application
Hospitals
Speciality Clinics
Others
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By Product
On-premise
Cloud-based
Market Growth
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$ X Billion USD
