
North America Electronic Patient-Reported Outcomes (ePROS) Market
No. of Pages: 82 | Report Code: BMIRE00031351 | Category: Technology, Media and Telecommunications
No. of Pages: 82 | Report Code: BMIRE00031351 | Category: Technology, Media and Telecommunications
The North America electronic patient-reported outcomes (ePROS) market was valued at US$ 361.98 million in 2023 and is expected to reach US$ 1,218.90 million by 2031; it is estimated to register a CAGR of 16.4% from 2023 to 2031.
The emerging applications of electronic patient-reported outcomes (ePRO) drive the market. The new uses of ePRO systems in decentralized clinical trials, remote patient monitoring, and other areas are stimulating innovation and extending the use of patient-reported outcomes in various healthcare, research, and clinical settings. The adoption of ePRO systems is driven by decentralized clinical trials (DCTs) growth. Patients can participate in DCTs remotely from the comfort of their homes, and ePRO tools are widely used for collecting patient-reported data immediately. The transition to virtual trials improves patient recruitment and retention, lowers the need for in-person visits, and increases trial efficiency of various diseases, including rare diseases, across geographically dispersed populations. In addition, the players are making strategic developments to meet the customers' needs. For instance, in June 2023, uMotif, a clinical trial technology company, and Syneos Health, an integrated biopharmaceutical solution company, announced a strategic partnership. By developing a more effective, end-to-end digital platform with electronic solid clinical outcome assessment (eCOA) and electronic patient-reported outcomes (ePRO) capabilities—this partnership helped accelerate clinical trials and expedite the delivery of new therapies to patients.
ePRO systems are being used to monitor acute conditions such as post-operative recovery and chronic conditions, including diabetes and hypertension, as healthcare increasingly moves toward telemedicine and remote patient monitoring (RPM). To help healthcare providers make regular interventions and changes to care plans, patients can report symptoms, medication adherence, and treatment responses from the comfort of their own homes. This approach lowers the rate of hospital readmissions, enhances chronic illness management, and improves patient satisfaction by offering ongoing, individualized care without requiring frequent in-person visits.
The adoption of ePRO systems is propelled by the growing use of wearables, including smartwatches, fitness trackers, and Internet of Things (IoT) devices in the healthcare industry. Predictive healthcare interventions can be made possible by combining objective data from wearables with subjective patient-reported outcomes. This results in better condition monitoring and proactive condition management. Pharmaceutical companies are utilizing ePRO systems to monitor adverse events in real-world settings, helping them gain traction in pharmacovigilance and post-market surveillance, thereby ensuring long-term drug safety and efficacy while adhering to regulatory requirements.
The North America electronic patient-reported outcomes (ePROS) market is segmented into the US, Canada, and Mexico. The US is one of the most developed countries in North America. The country accounts for the major market share owing to the increasing use of digital health technologies, which helps provide patient-centered care. This involves integrating healthcare services with software and hardware, which can be managed and monitored with the help of apps, wearable devices, and other devices. The increasing focus on chronic disease management has increased the demand for ePROs as they allow continuous assessment and timely interventions. As per the article published by the American Society of Clinical Oncology in June 2023, in the US, ePRO inclusion in the Centers for Medicare and Medicaid Innovation's alternative payment model pilot, the Enhancing Oncology Model, is a sign that ePRO implementation should be a mainstay of high-quality and transformational cancer care and is likely to foster broader adoption. The surging number of clinical trials in the country is expected to increase the demand for ePROs. Market players are taking electronic related patient outcomes (ePROS) market strategic initiatives such as product launches, product approvals, and collaborations, which are further expected to amplify the market growth. For instance, in June 2024, Evidation launched Migraine Smart, which is a health engagement experience and symptom tracking program on the Evidation app that harnesses survey data, electronic patient reported outcomes (ePROs), wearable data, and evidence-based content to make it possible for individuals to better understand and manage their migraines. Therefore, an increase in digital health technologies, a surge in demand for patient-centered care, and increase in strategic initiatives by market players are expected to fuel the growth of the North America ePROs Market in the coming years.
Strategic insights for the North America Electronic Patient-Reported Outcomes (ePROS) provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Electronic Patient-Reported Outcomes (ePROS) refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Electronic Patient-Reported Outcomes (ePROS) Strategic Insights
North America Electronic Patient-Reported Outcomes (ePROS) Report Scope
Report Attribute
Details
Market size in 2023
US$ 361.98 Million
Market Size by 2031
US$ 1,218.90 Million
Global CAGR (2023 - 2031)
16.4%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Delivery Mode
By Application
By End User
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Electronic Patient-Reported Outcomes (ePROS) Regional Insights
The North America electronic patient-reported outcomes (ePROS) market is categorized into delivery mode, application, end user, and country.
By delivery mode, the North America electronic patient-reported outcomes (ePROS) market is segmented into cloud based and on-premises. The cloud based segment held a larger share of the North America electronic patient-reported outcomes (ePROS) market share in 2023.
In terms of application, the North America electronic patient-reported outcomes (ePROS) market is segmented into oncology, respiratory, and others. The oncology segment held the largest share of the North America electronic patient-reported outcomes (ePROS) market share in 2023.
By end user, the North America electronic patient-reported outcomes (ePROS) market is segmented into contract research organizations (CROs), pharmaceutical companies, and others. The pharmaceutical companies segment held the largest share of the North America electronic patient-reported outcomes (ePROS) market share in 2023.
Based on country, the North America electronic patient-reported outcomes (ePROS) market is segmented into the US, Canada, and Mexico. The US segment held the largest share of North America electronic patient-reported outcomes (ePROS) market in 2023.
Assistek, Buddy Healthcare Ltd Oy, Castor, Clinical Ink Inc, Crucial Data Solutions, Curebase, Medable Inc, Medidata Solutions, Medrio, OpenClinica LLC, PatientIQ, Signant Health, Veeva Systems Inc, and Y-Prime LLC are some of the leading companies operating in the North America electronic patient-reported outcomes (ePROS) market.
The North America Electronic Patient-Reported Outcomes (ePROS) Market is valued at US$ 361.98 Million in 2023, it is projected to reach US$ 1,218.90 Million by 2031.
As per our report North America Electronic Patient-Reported Outcomes (ePROS) Market, the market size is valued at US$ 361.98 Million in 2023, projecting it to reach US$ 1,218.90 Million by 2031. This translates to a CAGR of approximately 16.4% during the forecast period.
The North America Electronic Patient-Reported Outcomes (ePROS) Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Electronic Patient-Reported Outcomes (ePROS) Market report:
The North America Electronic Patient-Reported Outcomes (ePROS) Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Electronic Patient-Reported Outcomes (ePROS) Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Electronic Patient-Reported Outcomes (ePROS) Market value chain can benefit from the information contained in a comprehensive market report.