Dublin, Feb. 11, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/nz7v6m/eclinical) has announced the addition of the "eClinical Solutions Market by Product, Delivery Mode, Clinical Trial Phases, End User - Global Forecast to 2020" report to their offering.
The market is expected to reach USD 5.98 Billion by 2020, at CAGR of 12.1% from 2015 to 2020.
A number of factors such as growing adoption of software solutions during clinical trials, increasing research and development expenditure by pharmaceutical companies, growing government grants to support clinical trials, and rising customer base are propelling the growth of the global market.
However, high implementation cost, dearth of skilled research professionals, and lack of awareness of clinical data sciences software in research community are some of the major factors restraining the growth of this market. In addition to this, challenges associated with
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Sector: Clinical Trials