eCOA Solutions Market worth US$4.78 billion by 2030 with 16.1% CAGR | MarketsandMarkets

DELRAY BEACH, Fla., May 19, 2025 /PRNewswire/ -- The global eCOA solution market, valued at US$1.94 billion in 2024, is forecasted to grow at a robust CAGR of 16.1%, reaching US$2.27 billion in 2025 and an impressive US$4.78 billion by 2030. This growth is primarily driven by increasing investments in research and development from medical device companies looking for digital endpoints. Additionally, the growing use of connected devices facilitates real-time data capture in healthcare settings. There is also a heightened need to speed up clinical trial timelines and shift towards patient-centric research, which is driving demand for electronic Clinical Outcome Assessment (eCOA) platforms that allow for remote and direct reporting from patients.

Moreover, the need for greater data accuracy and real-time reporting is a key factor, as sponsors aim to reduce transcription errors and ensure high-quality outcome measures. Regulatory bodies are promoting digital adoption by providing clearer guidance on software validation and post-market monitoring, helping to mitigate risks associated with eCOA implementations. Finally, the emergence of decentralized and hybrid trial designs has created opportunities for lightweight, mobile eCOA solutions, enabling continuous data collection outside traditional trial sites.

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By Deployment Model, the wearables, mobile devices, and other devices market are divided into the bring your own device (BYOD) models, provisioned device models, and hybrid models. The BYOD models segment accounted for the largest market share in 2024. The growth of the BYOD (Bring Your Own Device) market is primarily driven by cost-effectiveness, as it eliminates the need for sponsors to manage dedicated devices, lowering trial costs. Patient familiarity with their devices enhances user-friendliness, boosting engagement and data quality while increasing accessibility for geographically dispersed and resource-limited patients, aligning with decentralized trials. Additionally, technological advancements in secure data encryption address security concerns, and evolving regulations favor secure BYOD implementation in certain regions, positioning it as a cost-efficient, patient-centric approach in clinical trials.