SOURCE: MarketResearch.com

MarketResearch.com

June 27, 2011 09:08 ET

Electronic Data Capture (EDC) Market for Clinical Trials to Grow 13% Annually Through 2016

ROCKVILLE, MD--(Marketwire - Jun 27, 2011) - MarketResearch.com has announced the addition of the new report "Optimizing Clinical Trials Through IT," to their collection of Healthcare market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6424794

The EDC market is forecast to grow at a CAGR of 13%, reaching $1.2bn in 2016. EDC will be employed in smaller studies as services become commoditized and set-up times and costs reduce. The key trend within EDC is the move towards an integrated eClinical approach in which data from multiple sources is integrated in a hub arrangement.

The majority of trial sites do not meet their enrolment targets. To address this, a variety of sources of data can be used to optimize patient recruitment through better protocol design, site selection and patient identification. Site performance data, electronic patient records, and health information networks are the key sources.

Cloud architecture will gain penetration, which will reduce the demand for internal IT resource. In parallel, patients, site staff and trial managers will access trial software using wide range of channels and devices. Pharma sponsors will take an increasingly holistic view, enmeshing their information strategies with wider organizational goals.

This report enables readers to:

  • Examine the trends shaping clinical trials.
  • Learn how social media are being used in patient recruitment.
  • Analyze the potential of electronic health record data in clinical development.
  • Review the ways in which cloud computing is changing clinical trials.
  • Understand the future of information technology use in clinical trials.

Your key questions answered

  • How can data integration be achieved, and what benefits does this offer?
  • In what ways are electronic health records being used to improve clinical trials?
  • How can technologies be optimally integrated in clinical trials?
  • How will the EDC market change to 2016?
  • How can social media be used to improve patient recruitment?

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6424794

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