real world data market size

DownloadFree Sample Report Now @https://www.meticulousresearch.com/download-sample-report/cp_id=4954. TABLE 7 JAPAN: HEALTHCARE IT INITIATIVES AND FUNDING - 81) As of 2021: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 =. FIGURE 30 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR MEDICAL SIMULATION PATENTS (JANUARY 2011 TO JUNE 2021) TABLE 180 ELEVANCE HEALTH: BUSINESS OVERVIEW TABLE 172 IBM CORPORATION: BUSINESS OVERVIEW IDC, & Statista. The Real-world Evidence (RWE) Solutions Market is expected to reach $4.9 billion by 2029, at a CAGR of 11.8% from 2022 to 2029. TABLE 156 LATIN AMERICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 42 REAL WORLD EVIDENCE SOLUTIONS MARKET IN POST-MARKET SURVEILLANCE, BY COUNTRY, 20202027 (USD MILLION) FIGURE 42 REVENUE ANALYSIS OF KEY PLAYERS IN THE REAL WORLD EVIDENCE SOLUTIONS MARKET There has been a consecutive trend for the rise in RWE trials, except . 2.1 RESEARCH DATA 5.2 MARKET DYNAMICS FIGURE 41 ASIA PACIFIC: REAL WORLD EVIDENCE SOLUTIONS MARKET SNAPSHOT Pharmaceutical and biopharmaceutical businesses are choosing fully functional or integrated outsourcing services from the early development phase to the late-stage development phase to meet the requirements for drug development and discovery due to their increasing R&D spending. TABLE 77 EUROPE: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 100 ITALY: MACROECONOMIC INDICATORS 2.1.2 PRIMARY DATA 6.7.3.1 China 6.7.1 NORTH AMERICA TABLE 109 SPAIN: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Similarly, RWE can accelerate label expansion and decrease the overall cost of the evidence needed for filing. FIGURE 2 PRIMARY SOURCES TABLE 22 CLAIMS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) TABLE 103 ITALY: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) At USD 4.6 trillion this was an increase of 12.9% from 2020. Location: New York, New York Aetion operates as a real-world evidence and analysis platform to assist the healthcare industry. $12 billion - the worldwide market size of AR/VR in 2020. "Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes)." 6.3 ECOSYSTEM ANALYSIS 6.8.1 PATENT PUBLICATION TRENDS FOR RWE SOLUTIONS Increased government initiatives to implement RWE studies and numerous contract research organizations (CROs) and contract research manufacturing organizations in nations like China and India are responsible for this regions rise. TABLE 5 PORTERS FIVE FORCES ANALYSIS Get full access to all features within our Business Solutions. GWI projects that spa revenues will recover quickly to pre-pandemic levels and will reach $151 billion in 2025. FIGURE 6 MARKET SIZE ESTIMATION: SEGMENTAL EXTRAPOLATION 6.8.3 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE REAL WORLD EVIDENCE SOLUTIONS MARKET 7.3.1.4.1 Increasing need to access opinions on diseases and treatments across social media to drive growth The post-market safety and adverse event monitoring area are also projected to expand significantly.End-user OutlookBased on End-user, the Real World Evidence Solutions Market is segmented into Healthcare Companies, Healthcare Payers, Healthcare Providers, and Others. 10.3.1.1 High pharmaceutical R&D spending in Germany to boost the market growth Businesses require robust evidence lifecycle management skills to demonstrate value. FIGURE 55 SAS INSTITUTE: COMPANY SNAPSHOT (2021) TABLE 182 AETION INC.: BUSINESS OVERVIEW The pressures are more significant in the oncological department, where high-cost agents with similar effects compete in the market. 2.7 LIMITATIONS What are the major revenue pockets in the real world evidence solutions market currently? TABLE 90 UK: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) RWE can be generated by different study designs or analyses, including but not limited to, randomized trials, including large simple trials, pragmatic trials, and observational studies (prospective and/or retrospective). Willie is currently a sophomore at the University of Pittsburgh College of Business Administration double majoring in Finance and Business Information Systems and minoring in Economics. TABLE 150 REST OF ASIA PACIFIC: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 6.10 KEY STAKEHOLDERS AND BUYING CRITERIA 11.6 COMPANY FOOTPRINT IBISWorld reports on thousands of industries around the world. RWE data is needed for new drugs to successfully pass through clinical phases. 12.2.1 HEALTHVERITY INC. 4.3 RWE SOLUTIONS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES What are the features and benefits of GDS? Thus, a tendency toward patient-centered virtual care and digitalization is being observed in the industry. In order to prove value, companies need strong evidence of lifecycle management capabilities. A five-year forecast of the market and noted trends. TABLE 147 INDIA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) Pharmaceutical companies have been looking for new ways to provide the best treatments for patients. This is a record-breaking level of inflows, which raises the question: what are investors buying? Poor data quality costs the US economy up to $3.1 trillion yearly. The acquisition would enhance Syneos Healths ability to provide technology-enabled, insight-powered solutions. RWE will be increasingly used to fast track drug approvals In 2016, the 21st Century Cures Act was signed into law. 12.1.16 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION 10.2.1.1 The US accounted for the largest share of the North American market In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. 7.3.1.5.1 Increasing number of disease registries is driving the demand for registry-based data sets in evidence generation TABLE 16 DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) 11.9.3 OTHER DEVELOPMENTS 2.5 ASSUMPTIONS FOR THE STUDY TABLE 47 RWE SOLUTIONS MARKET FOR HEALTHCARE PAYERS, BY COUNTRY, 20202027 (USD MILLION) The top five markets in 2020 were: United States ($15.1 billion), China ($6.3 billion), Germany ($5.7 billion), Japan ($4.2 billion) and France ($2.7 billion). For instance, in April 2020, ICON plc (Ireland) signed a three-year agreement with Pfizer Inc. (U.S.), under which ICON provides expertise in the planning, execution, management, and conduct of clinical trials. Show publisher information To speak to our analyst for a discussion on the above findings, click Speak to Analyst, 1 INTRODUCTION (Page No. SAN FRANCISCO, Feb. 17, 2022 /PRNewswire/ -- T he global real world evidence solutions market size is anticipated to reach USD 66.4 billion by 2028, according to a new report by Grand View. ReportLinker TABLE 163 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 7.3 DATA SETS The industry insights chapters include value chain analysis, Porters five forces analysis, technology analysis, patent analysis, key conferences and events in 20222023, pricing analysis, and key stakeholders and buying criteria. It also helps generate broader scientific evidence and commercial insights, valuable for the pharmaceutical industry. TABLE 98 FRANCE: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 6 NORTH AMERICA: HEALTHCARE EXPENDITURE, BY COUNTRY R&D is very important in the pharmaceutical business in particular. Detailed research and segmentation for the main products and markets. FIGURE 53 ORACLE CORPORATION: COMPANY SNAPSHOT (2021) The desire to drastically accelerate R&D, reinforced by a greater understanding of data science, has made the healthcare community more receptive to expanding the use of RWE beyond traditional safety-related applications. The real-world evidence solutions market is segmented on the basis of component, application, end user and region. - 181) 2.7.1 METHODOLOGY-RELATED LIMITATIONS, 3 EXECUTIVE SUMMARY (Page No. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The fast growth of pharmaceutical and medical device companies can be attributed to the increasing importance of RWE studies in drug approvals, the prevention of costly drug recalls, and the assessment of drug performance in real-world settings. TABLE 168 FDA APPROVALS/ENHANCEMENTS, 20192022 2.6 RISK ASSESSMENT TABLE 27 USE OF REGISTRIES FOR EVIDENCE GENERATION Medical product developers are using RWD and RWE to support clinical trial designs (e.g., large simple trials, pragmatic clinical trials) and observational studies to generate innovative, new treatment approaches. TABLE 56 NORTH AMERICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 36 LIST OF PIPELINE DRUGS FOR CARDIOVASCULAR DISEASE (BY FEBRUARY 2022) FIGURE 27 ECOSYSTEM COVERAGE: PARENT MARKET (HEALTHCARE IT SOLUTIONS) This insight, in clinical settings, can be gained by combining data from randomized controlled trials with evidence from real-world settings.Regional OutlookBased on Region, the Real World Evidence Solutions Market is segmented into North America, Europe, Asia Pacific, and LAMEA. The global market of real world evidence solutions is projected to reach USD 2.9 billion. 7500+ companies worldwide approach us every year for their revenue growth initiatives. Real-world data are the data relating to patient health status and/or the delivery of health care routinely collected from a variety of sources. 11.1 OVERVIEW As soon as this statistic is updated, you will immediately be notified via e-mail. RWE helps and provides a means for demonstrating value, ranging from confirming randomized trial benefits in real-world populations to a fuller characterization of resource impacts. FIGURE 44 REAL WORLD EVIDENCE SOLUTIONS MARKET: COMPANY EVALUATION QUADRANT (2021) Hence, a successful phase transition is dependent on strong real-world outcomes. Webinar White paper 9.2.1 INCREASED R&D EXPENDITURE IN INNOVATIVE MEDICINES TO DRIVE MARKET GROWTH ,5002,7503,0003,5004 . TABLE 143 INDIA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 8.6.1 LIMITED VALIDITY OF RANDOMIZED CONTROLLED TRIALS DRIVING THE USE OF RWE SOLUTIONS IN THE SEGMENT 12.1.15 PERKINELMER INC. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Medpace Holdings, Inc., IQVIA Holdings, Inc., ICON plc, PerkinElmer, Inc., Parexel International Corporation (Phoenix Parentco, Inc.), PPD, Inc. (Thermo Fisher Scientific, Inc.), UnitedHealth Group, Inc. (Optum, Inc.), and Syneos Health, Inc.Strategies Deployed in Real World Evidence Solutions MarketDec-2022: IBM signed an agreement to acquire Octo, a digital transformation service provider exclusively serving the U.S. federal government. In September 2021, U.S. FDA released a guidance document for accessing EHR and medical claims data using real-world data to support regulatory decision-making for drug and biological products would promote the adoption of RWE even further. TABLE 40 DRUG DEVELOPMENT AND APPROVALS MARKET IN OTHER THERAPEUTIC AREAS, BY COUNTRY, 20202027 (USD MILLION) FIGURE 34 ADOPTION OF EHR BY HOSPITAL SERVICE TYPE, 2019-2021 7.3.1.5 Registry-based data sets FIGURE 50 SYNEOS HEALTH INC.: COMPANY SNAPSHOT (2021) 7.3.1.4 Patient-powered data set The total size of the real world evidence solutions market was arrived at after data triangulation from three different approaches- revenue share analysis, segmental extrapolation, and primary interviews. This data holds potential to allow us to better design and conduct clinical trials and studiesin the health care setting to answer questions previously though infeasible. The pharmaceutical sector of the economy spends the highest proportion of its profits on research and development.Increased emphasis on comprehensive RWE servicesHealthcare stakeholders are looking for new solutions to deal with the unaffordable financial burden and relatively low return on investment, transforming the healthcare ecosystem and raising concerns about healthcare prices. TABLE 64 US: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 89 UK: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) In 2021, the real-world datasets segment accounted for the larger share of the overall real-world evidence solutions market. : BUSINESS OVERVIEW Statista. 6.4 PORTERS FIVE FORCES ANALYSIS TABLE 15 DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 8.6 CLINICAL AND REGULATORY DECISION MAKING TABLE 43 RWE SOLUTIONS MARKET IN MARKET ACCESS AND REIMBURSEMENT/COVERAGE DECISION MAKING, BY COUNTRY, 20202027 (USD MILLION) Pharmaceutical businesses, as well as health insurance payers, research RWE in order to comprehend patient pathways, provide appropriate care for the right people, and reduce their financial risk by funding patient-effective drugs.The World Ageing Population report estimates that 703 million individuals worldwide were 65 years of age or older in 2019, and that figure is projected to rise to 1.5 billion by 2050. TABLE 167 REAL WORLD EVIDENCE SOLUTIONS MARKET: DETAILED LIST OF SMALL & MEDIUM PLAYERS Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________, https://www.reportlinker.com/p06422625/?utm_source=GNW. 10.3.1 GERMANY TABLE 117 REST OF EUROPE: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 34 LIST OF PIPELINE DRUGS FOR ONCOLOGY (2018) The data center market continued its rapid growth, with an estimated 7.4 GW online included in our 2023 rankings, as compared to 4.9 GW last year. 8.2.2.1 High prevalence of CVD to drive growth The study categorizes the global real world evidence solutions market based on component, application, end user at regional/country and global level. Following a detailed secondary and primary research and an in-depth . 10.4.1 JAPAN Even a study that is robust, well-planned, and non-randomized would be seen as lower-quality evidence in comparison to an RCT that is poorly conceived. 12.1.10 ELEVANCE HEALTH Pharma data analyses extract insights, inform new strategies and provide KPI tracking. June 7, 2021. 6.5.2.3 Asia Pacific For more information on RWE, please contact CDERMedicalPolicy-RealWorldEvidence@fda.hhs.gov. Real-world data (RWD) gathered from various sources associated with outcomes in a heterogeneous patient population in real-world settings. 12.1 KEY PLAYERS TABLE 81 GERMANY: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The increasing emphasis on clinical value evidence for choices to offer coverage and the rising cost of therapy is responsible for expanding the reimbursement/coverage and regulatory decision-making segment. FIGURE 23 NUMBER OF CLINICAL TRIALS STARTED DURING 20152020 FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS TABLE 159 LATIN AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) - 41) TABLE 26 RWE PATIENT-POWERED DISPARATE DATA MARKET, BY COUNTRY, 20202027 (USD MILLION) Access for both B2C and B2B travel booking engines. TABLE 2 RISK ASSESSMENT: REAL WORLD EVIDENCE SOLUTIONS MARKET Payers infrequently used real-world evidence (RWE), or information on how treatments work in the real world, to guide their medication coverage and reimbursement decisions. 6.4.3 BARGAINING POWER OF BUYERS - 23) Data are in millions of international dollars; they were compiled by the World Bank. Majority of institutions are currently installing software and tools to store data at their own premises due to ease of access and security, resulting in the large market share of this type of delivery. TABLE 184 TRINITY LIFE SCIENCES: BUSINESS OVERVIEW TABLE 102 ITALY: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FDA uses RWD and RWE to monitor postmarket safety and adverse events and to make regulatory decisions. TABLE 38 DRUG DEVELOPMENT AND APPROVALS MARKET IN NEUROLOGY, BY COUNTRY, 20202027 (USD MILLION) Forecasts show that the market will grow from $14.9 billion to $17.6 billion in 2024. TABLE 86 UK: MACROECONOMIC INDICATORS Factors such as the rising number of clinical trials, increasing government initiatives for the adoption of RWE studies, increasing incidences of chronic diseases, increasing demand for better healthcare services, and the rising geriatric population are supporting the growth of the RWE solutions market in the Asia Pacific region. TABLE 129 JAPAN: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Use Ask Statista Research Service. 11.3 REVENUE SHARE ANALYSIS OF KEY PLAYERS 10.5.1 INCREASED HEALTHCARE EXPENDITURE TO SUPPORT MARKET GROWTH The healthcare companies segment witnessed the maximum revenue share in the real world evidence solutions market in 2021. TABLE 92 UK: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) REITs own approximately $4.5 trillion in gross real estate assets, with more than $3 trillion of that total from public listed and non-listed REITs and the remainder from privately held REITs. RWD can come from a number of sources, for example: Real-world evidence is the clinical evidence regarding the usage and potential benefits or risks of a medical product derived from analysis of RWD. Internet users generate about 2.5 quintillion bytes of data each day. What are the benefits of the emerging trends in the global RWE Solutions Market? 2.2 MARKET SIZE ESTIMATION: REAL WORLD EVIDENCE SOLUTIONS MARKET TABLE 153 REST OF ASIA PACIFIC: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 7.3.1.1 Clinical settings data set TABLE 85 GERMANY: RWE MARKET, BY END USER, 20202027 (USD MILLION) The growth of this market is driven by factors such as the rising prevalence of chronic diseases, rapidly growing big data in healthcare, the shift from volume to value-based care, and the The growth of this market is primarily driven by the increasing growth in clinical trials and the shift from volume-based to value-based care. Vendors often customise the required services as per the client's requirements, which proves time- and cost-effective for clients in comparison to procuring the data sets and analysing them to generate meaningful information. Browse in-depth TOC on" Real World Evidence Solutions Market - Global Opportunity Analysis And Industry Forecast (2021-2028)"173 Tables47 Figures214 Pagesclick here:https://www.meticulousresearch.com/product/real-world-evidence-solutions-market-4954, (Note: Other Disparate Datasets include data generated from mobile devices, wearable devices, and social media), Amidst this crisis, Meticulous Researchis continuously assessing the impact of COVID-19 pandemic on various sub-markets and enables global organizations to strategize for the post-COVID-19 world and sustain their growth. 11.7.1 STARS TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS In, IDC, und Statista. TABLE 28 REGISTRY-BASED DATA SETS OFFERED BY KEY MARKET PLAYERS The market is expected to expand at a CAGR of 8.2% from 2023 to 2030. Healthcare Providers. TABLE 46 RWE SOLUTIONS MARKET FOR PHARMACEUTICAL & MEDICAL DEVICE COMPANIES, BY COUNTRY, 20202027 (USD MILLION) A database of the key industry leaders was also prepared using secondary research. TABLE 41 REAL WORLD EVIDENCE SOLUTIONS MARKET IN MEDICAL DEVICE DEVELOPMENT AND APPROVALS, BY COUNTRY, 20202027 (USD MILLION) On RWE, please contact CDERMedicalPolicy-RealWorldEvidence @ fda.hhs.gov heterogeneous patient population in settings! The healthcare industry investors buying USD 2.9 billion ability to provide technology-enabled, insight-powered solutions compiled the! Market size of AR/VR in 2020 York Aetion operates as a real-world evidence market. Rwe will be increasingly used to fast track drug approvals in 2016, the 21st Century Cures Act signed! Real-World evidence solutions is projected to reach USD 2.9 billion 7500+ companies worldwide approach US every year their... Quickly to pre-pandemic levels and will reach $ 151 billion in 2025 a variety of sources a detailed and. 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