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27 Jul 2012

Global E-clinical Trial Tech Market to Reach $1.37Bn by 2018

A report by Global Industry Analysts has predicted the global market for e-clinical trial technologies will rise to $1.37bn by 2018.

The global market for e-clinical trial solutions is set to reach $1.37 billion by 2018, a new report has claimed.

 

Global Industry Analysts' latest report suggests that market growth will be driven by a number of factors, including pressure on pharmaceutical companies to cut costs and the increasing globalisation of clinical trials.

 

E-clinical techniques can help biopharmaceutical companies to speed up their drug discovery processes by enabling real-time data analysis and reducing time-consuming checks.

 

In a statement, Global Industry Analysts observed that the US represents the largest regional market worldwide, bu

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