Global EPRO, ePatient Diaries, and eCOA Market Size, Trends & Growth Opportunity, By Type, By End User, By Region and Forecast till 2027

Global EPRO, ePatient Diaries, and eCOA Market Size, Trends & Growth Opportunity, By Type (eCOA (Electronic Clinical Outcome Assessments), ClinROs (Clinician Reported Outcomes), ePROs (Patient Reported Outcomes), ObsROs (Observer Reported Outcomes), PerfOs (Performance Outcomes), E-Patient Diaries), By End User, By Region and Forecast till 2027.

Global ePRO, ePatient Diaries, and eCOA Market

The Global ePRO, ePatient Diaries, and eCOA Market was valued at USD 1,524.85 million in 2020 which is expected to reach USD 5,230.52 million by 2027 at a CAGR of 14.8% from 2020-2027.

The ePRO technology is defined as an electronic patient reported outcome which is collected by electronic devices such as smartphones, tablets & computers. Also, eCOA also uses smartphones & other electronic devices to conduct patient related data.

Market Drivers

The increase in adoption of ePRO, ePatient Diaries, and eCOA by medical research professionals is expected to boost the global ePRO, ePatient Diaries, and eCOA market growth throughout the forecast period. As the healthcare industry is witnessing lucrative growth, the demand for research studies to develop novel drugs & treatments is also increasing which anticipated to propel the global ePRO, ePatient Diaries, and eCOA market growth over the forecast period. Also, the growing number of research and development activities as well as the increase in need for a centralized data capture system are anticipated to fuel product demand over the forecast period.

Furthermore, the rise in burden on pharmaceutical manufacturers to cut down overall costs for new drug development processes has resulted in their increasing inclination toward electronic data capturing from paper-based procedures. In addition, the increase in demand for EHRs (electronic health records) and the rise in use of smartphones are support the global ePRO, ePatient Diaries, and eCOA market growth.

Market Restraints

The increase in concerns regarding data privacy is a major restraining factor which expected to hamper the growth of the global ePRO, ePatient Diaries, and eCOA market throughout the forecast period.

Market Segmentation

The Global ePRO, ePatient Diaries, and eCOA Market is segmented into type such as eCOA (Electronic Clinical Outcome Assessments), ClinROs (Clinician Reported Outcomes), ePROs (Patient Reported Outcomes), ObsROs (Observer Reported Outcomes), PerfOs (Performance Outcomes), E-Patient Diaries. Further, market is segmented into end user such as Contract Research Organizations (CROs), Hospitals, Pharmaceutical Companies, Academic Institutes, Others.

Regional Analysis

The Global ePRO, ePatient Diaries, and eCOA Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North America was estimated to be the largest regional market, owing to the availability of technologically advanced research centers, medical device manufacturers, universities & hospitals along with improved healthcare establishments are expected to fuel the new drug development activities in near future. Also, the APAC region is growing in terms of government funding related to clinical research & drug discovery which expected to enhance the ePRO, ePatient Diaries, and eCOA market growth in this region.

Key Players

Various key players are discussed in this report such as ERT Clinical, eClinical Solutions, CRF Health, Dassault Systemes SE, Bracket Global LLC, Kayentis, PAREXEL INTERNATIONAL CORPORATION, ICON PLC, The Diary Pte. Ltd, ArisGlobal LLC, etc.

Market Taxonomy

By Type

• eCOA (Electronic Clinical Outcome Assessments)
• ClinROs (Clinician Reported Outcomes)
• ePROs (Patient Reported Outcomes)
• ObsROs (Observer Reported Outcomes)
• PerfOs (Performance Outcomes)
• E-Patient Diaries

By End User

• Contract Research Organizations (CROs)
• Hospitals
• Pharmaceutical Companies
• Academic Institutes
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global EPRO, ePatient Diaries, and eCOA Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?