Electronic Data Capture Systems Market Size

Electronic Data Capture Systems Market Size

Electronic Data Capture Systems Market size was around USD 1.7 billion in 2022 and is anticipated to grow at a CAGR of over 10.6% between 2023 and 2032. The market has witnessed significant growth over the recent years, driven by the increasing demand for efficient data collection, management, and analysis across the clinical research sector. The growing number of clinical trials in pharmaceutical & biotechnology sectors is also contributing to the EDC systems market growth. For instance, according to World Health Organization International Clinical Trials Registry Platform (ICTRP), the clinical trials globally increased from 57,039 in 2019 to 65,409 in 2021. Thus, EDC becomes a crucial tool or solution for efficiently managing vast amounts of clinical trial data, leading to their widespread adoption, thereby fostering the market growth.

Electronic data capture systems (EDC) are designed for the collection of clinical trial data in an electronic format. The majority of data collected in an EDC system is primarily related to managing electronic case report form (eCRF) data. The common function of EDC includes a graphical-user interface component for data entry and unique and secure user permission within the system. Also, these systems are used to replace traditional paper-based data collection methods, allowing organizations to streamline data-related processes and improve data accuracy and efficiency.