FIGURE 55 SAS INSTITUTE: COMPANY SNAPSHOT (2021) 8.2.3.1 Growing prevalence of neurological disorders to drive growth 11.6 COMPANY FOOTPRINT 2.5 ASSUMPTIONS FOR THE STUDY 12.1.1 IQVIA HOLDINGS INC. Purpose: There is a need to develop hybrid trial methodology combining the best parts of traditional randomized controlled trials (RCTs) and observational study designs to produce real-world evidence (RWE) that provides adequate scientific evidence for regulatory decision-making. 12.1.10 ELEVANCE HEALTH The drug development and approvals segment is further sub-segmented into oncology, cardiovascular disease, neurology, immunology, and other therapeutic areas. The summary data allow users to explore the trends in fuel economy, CO 2, and vehicle attributes for model years 1975-2022. 7.3 DATA SETS TABLE 145 INDIA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 32 RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 4.4 REGIONAL MIX: REAL WORLD EVIDENCE SOLUTIONS MARKET (20222027) FDA Announces New Funding Opportunity for Using Real-World Data to Generate Real-World Evidence in Regulatory Decision-Making, FDA Issues Draft Guidances on Real-World Evidence, Prepares to Publish More in Future, FDA Clinical Investigator Training Course, Real-World Evidence- Dec 2021, FDA Approves New Use of Transplant Drug Based on Real-World Evidence, FDA Announces 4 Grant Awards for Projects Exploring the Use of Real-World Data to Generate Real-World Evidence in Regulatory Decision-Making, CDER Small Business and Industry Assistance Webinar: Framework for FDAs Real-World Evidence Program - Mar 15, 2019, CDERMedicalPolicy-RealWorldEvidence@fda.hhs.gov. We, Yahoo, are part of the Yahoo family of brands. The global big data market in terms of revenue was estimated to be worth $162.6 billion in 2021 and is poised to reach $273.4 billion by 2026, growing at a CAGR of 11.0% from 2021 to 2026. 11.9.3 OTHER DEVELOPMENTS TABLE 102 ITALY: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The global Big Data market size is expected to reach from USD 157.9 billion in 2020 to USD 268.4 billion by 2026, at a CAGR of about 12% over the forecast period. TABLE 111 SPAIN: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) Access for both B2C and B2B travel booking engines. statistic alerts) please log in with your personal account. 6.2 REAL-WORLD DATA SOURCES To know about the assumptions considered for the study, download the pdf brochure. TABLE 138 CHINA: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) A breakdown of the primary respondents is provided below: Note 1: C-level primaries include CEOs, COOs, CTOs, and VPs. The big data analytics market is set to reach $103 billion by 2023. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. TABLE 27 USE OF REGISTRIES FOR EVIDENCE GENERATION (IDC, 2020) Based on stated demand for carbon credits, demand projections from experts, and the volume of negative emissions needed to reduce emissions in line with the 1.5-degree warming goal, annual global demand for carbon credits could reach up to 1.5 to 2.0 gigatons of carbon dioxide by 2030 and up to 7 to 13 gigatons by 2050.The market size in 2030 . TABLE 121 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) These companies are majorly focused on partnerships, collaborations, and agreements to accelerate the delivery of RWE datasets and consulting & analytics services and explore how real-world evidence can provide information for health technologies and improve clinical and cost-effectiveness. 6.8 PATENT ANALYSIS 9.4 HEALTHCARE PROVIDERS What is the projected market value of the global real world evidence solutions market? Currently, you are using a shared account. The global data monetization market size was valued at USD 1.30 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 24.1% from 2020 to 2027. TABLE 155 LATIN AMERICA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The collaboration would allow the company to improve research design and impact of real-world studies with an aim to advance patient health and clinical results.Jul-2021: ICON plc took over PRA Health Sciences, a contract research organization. - 181) RWD improves likelihood of launch across all therapeutic areas - Drugs developed using real-world data had a higher likelihood of launch (89%) than the comparison group (68%), in all drugs and our three therapeutic areas. This growth in R&D expenditure, fueled by the need for numerous preclinical and clinical services during the drug development process, is expected to drive the growth of the real world evidence solutions market. TABLE 116 REST OF EUROPE: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 10.3.5.1 Rising R&D expenditure to propel market growth in Spain 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. 4.3 RWE SOLUTIONS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 2.4 MARKET RANKING ANALYSIS 10.6 MIDDLE EAST & AFRICA Defend your Market Share or Win Competitors. The figures prior to 2020 are based on IDC's forecast from late 2018. 9.4.1 RISE IN THE NEED TO IMPROVE THE PROFITABILITY OF HEALTHCARE PROVIDERS TO BOOST USE 6.5.2 HCIT EXPENDITURE/PRICING ANALYSIS 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). Furthermore, these solutions would deliver to increase diversity in clinical trials, accessing remote-based patients who have difficulty accessing research sites.Jan-2020: IBM acquired Envizi, an analytics software provider for environmental performance management. Real-world evidence helps in understanding real-life clinical practices and actual health outcomes of drugs. 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. FIGURE 9 DATA TRIANGULATION METHODOLOGY Thus, aiding in the dismantling of traditional silos and enabling insight-driven decision-making from the product R&D stage to its commercialization. FIGURE 20 NORTH AMERICA WILL CONTINUE TO DOMINATE THE REAL WORLD EVIDENCE SOLUTIONS MARKET DURING THE FORECAST PERIOD TABLE 103 ITALY: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FIGURE 49 ICON PLC. TABLE 77 EUROPE: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 8.1 INTRODUCTION There has been a consecutive trend for the rise in RWE trials, except . Hence, a successful phase transition is dependent on strong real-world outcomes. [Online]. 5.1 INTRODUCTION 11.8.1 PROGRESSIVE COMPANIES TABLE 64 US: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 50 RWE SOLUTIONS MARKET, BY REGION, 20202027 (USD MILLION) Given the low number of trials (57), it is difficult to reach a conclusion for each therapeutic area. The diabetes segment witnessed a significant revenue share in the real world evidence solutions market in 2021. 1.2.3 YEARS CONSIDERED FOR THE STUDY 11.6.2 PRODUCT FOOTPRINT OF COMPANIES TABLE 171 IQVIA HOLDINGS INC.: BUSINESS OVERVIEW TABLE 100 ITALY: MACROECONOMIC INDICATORS 1.3 CURRENCY 13.4 RELATED REPORTS The global real world evidence solutions market in terms of revenue was estimated to be worth $1.5 billion in 2022 and is poised to reach $2.9 billion by 2027, growing at a CAGR of 15.2% from 2022 to 2027. 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. 6.4.1 THREAT OF NEW ENTRANTS 1.6 SUMMARY OF CHANGES, 2 RESEARCH METHODOLOGY (Page No. 8.2.2.1 High prevalence of CVD to drive growth 6.7.3.1 China Through this acquisition, the company aimed at helping businesses create resilient and sustainable operations and supply chains.Oct-2019: Parexel entered into a strategic partnership with HealthVerity, Inc., the service provider for rapid creation, exchange, and management of healthcare and consumer data. FIGURE 7 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FIGURE 25 RECOMMENDED INVESTMENT MODEL FOR RWD AND RWE 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. 12.1.3 OPTUM INC. (A SUBSIDIARY OF THE UNITED HEALTH GROUP, INC.) 13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL The report presents a detailed assessment of the real world evidence solutions market, along with qualitative inputs and insights from MarketsandMarkets. Our clients rely on our information and data to stay . * The data was taken from various publications released over several years: Forecast for the years 2018 and 2019 as of 2018; Forecast for 2020 as of May 2021; Forecast for 2021 to 2025 as of March 2021 based on figure for 2020 provided by the source. FIGURE 5 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 12.1.15 PERKINELMER INC. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. from 8 AM - 9 PM ET. 12.1.16 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION TABLE 185 PERKINELMER INC.: BUSINESS OVERVIEW 12.2.4 TEMPUS LABS INC. U.S. Ltd, Cision Distribution 888-776-0942 Webinar White paper TABLE 152 REST OF ASIA PACIFIC: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 11.3 REVENUE SHARE ANALYSIS OF KEY PLAYERS Profit from the additional features of your individual account. 4.5 RWE SOLUTIONS MARKET: DEVELOPED VS. REDDING, Calif., March 10, 2022 /PRNewswire/ -- According to a new market research report titled "Real-World Evidence (RWE) Solutions Market by Component (Datasets [Clinical, Claims, Pharmacy, Integrated], Services), Application (Market Access, Oncology, Neurology, Post Market Surveillance), End User (Pharma Companies, Providers) - Global Forecast to 2028", published by Meticulous Research, the Real-World Evidence (RWE) solutions market is expected to grow at a CAGR of 11.8% from 2021 to 2028 to reach $4.4 billion by 2028. Find out more about how we use your information in our privacy policy and cookie policy. TABLE 12 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 1.2.1 INCLUSIONS AND EXCLUSIONS TABLE 176 PAREXEL INTERNATIONAL CORPORATION: BUSINESS OVERVIEW The following customization options are available for the report: Which are the different countries covered across the regions of the Global RWE Solutions Market? 10.4.4 REST OF ASIA PACIFIC 11.9.1 FDA APPROVALS/SERVICE ENHANCEMENTS Pune, Feb. 20, 2023 (GLOBE NEWSWIRE) -- Real-world evidence is clinical evidence produced from information about the usage and possible advantages and disadvantages of a medical product (RWE).. 7.2 SERVICES 2.1.2 PRIMARY DATA TABLE 28 REGISTRY-BASED DATA SETS OFFERED BY KEY MARKET PLAYERS TABLE 150 REST OF ASIA PACIFIC: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD Ltd. in 2013 as a private limited company under the Companies Act, 1956. TABLE 3 MARKET DYNAMICS: IMPACT ANALYSIS Businesses require robust evidence lifecycle management skills to demonstrate value. TABLE 187 CLINIGEN: BUSINESS OVERVIEW This is a record-breaking level of inflows, which raises the question: what are investors buying? This research study involved the extensive use of both primary and secondary sources. 1.5 Global Market Size of Real World Evidence Solutions (2017-2027) . 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. Thus, the key players in the RWES market are focusing on organic & inorganic growth strategies, which will help them increase their market shares in the coming years. RWD provides supporting evidence for diseases with small size populations and rare cancers. 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). The market size for data analytics and business intelligence software applications is projected to grow over the next few years. (IDC, 2020) AR/VR Spending 2020 By Segment. 6.5.2.2 Europe TABLE 78 EUROPE: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) Pharmaceutical companies require data describing both the approved and medically accepted alternative uses of previously approved drugs. . 11.8.3 RESPONSIVE COMPANIES 9.3.1 INCREASED FOCUS ON OUTCOME-BASED PAYMENT MODELS TO DRIVE DEMAND TABLE 88 UK: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 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. GWI projects that spa revenues will recover quickly to pre-pandemic levels and will reach $151 billion in 2025. Using the GlobalData Clinical Trials database, it was found that there are currently 194 real-world evidence trials, the highest annual number recorded so far, followed by 2019, which had 160 trials. TABLE 72 EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COUNTRY, 20202027 (USD MILLION) TABLE 156 LATIN AMERICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Most pharmaceutical, biopharmaceutical, and medical device companies continue to invest heavily in the development of novel drugs and devices. Pharma data analyses extract insights, inform new strategies and provide KPI tracking. TABLE 112 SPAIN: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 55 NORTH AMERICA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 4.1 REAL WORLD EVIDENCE SOLUTIONS MARKET OVERVIEW FIGURE 21 EMERGING MARKETS TO REGISTER HIGHER GROWTH RATES DURING THE FORECAST PERIOD, 5 MARKET OVERVIEW (Page No. For example, the role of RWE in drug development is expanding as RWE studies are significantly less costly and time-consuming than RCTs, providing easier access to long-term effectiveness data and helping overcome some of the feasibility barriers of running RCTs. North America held the largest share of the real world evidence solutions market, while Asia Pacific is expected to be the fastest-growing region over the forecast period. Real-world evidence solutions can provide valuable insights to understand better, monitor, and prepare for the challenges caused by the COVID-19 pandemic. TABLE 119 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 6.7 REGULATORY BODIES, GOVERNMENTS, AND OTHER ORGANIZATIONS FIGURE 18 JAPAN ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 Get full access to all features within our Business Solutions. 5.2.1.1 Rise in the geriatric population and the subsequent increase in the prevalence of chronic diseases However, rise in data connectivity . TABLE 181 SAS INSTITUTE: BUSINESS OVERVIEW Learn more about how Statista can support your business. 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. FIGURE 44 REAL WORLD EVIDENCE SOLUTIONS MARKET: COMPANY EVALUATION QUADRANT (2021) 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. FIGURE 17 SUPPORT FROM REGULATORY BODIES FOR THE USE OF RWE SOLUTIONS IS A MAJOR FACTOR DRIVING THE MARKET GROWTH Speak to our Analysts to Understand the Impact of COVID-19 on Your Business:https://www.meticulousresearch.com/speak-to-analyst/cp_id=4954. The acquisition would enhance Syneos Healths ability to provide technology-enabled, insight-powered solutions. To define, describe, and forecast the real world evidence solutions market on the basis of components, application, end user, and region, To provide detailed information about the factors influencing the market growth (such as drivers, restraints, challenges, and opportunities), To strategically analyze micromarkets1 with respect to the individual growth trends, prospects, and contributions to the overall real world evidence solutions market, To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players. 8.5 MARKET ACCESS AND REIMBURSEMENT/COVERAGE DECISION MAKING TABLE 158 LATIN AMERICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) Please create an employee account to be able to mark statistics as favorites. 11.2 STRATEGIES ADOPTED BY KEY PLAYERS /RIGHT TO WIN An official website of the United States government, : TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the real world evidence solutions market. 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. 4.2 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER AND COUNTRY (2021) TABLE 182 AETION INC.: BUSINESS OVERVIEW The reimbursement/coverage and regulatory decision making segment recorded a substantial revenue share in the real world evidence solutions market in 2021. The healthcare ecosystem is changing, and there is increased scrutiny on healthcare costs as stakeholders in the healthcare industry seek new alternatives to deal with the unsustainable cost burden and relatively poor return on investment. 6.7.2 EUROPE TABLE 20 CLINICAL SETTINGS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) Pharmaceutical companies have been looking for new ways to provide the best treatments for patients. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. TABLE 92 UK: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 11.7.1 STARS TABLE 128 JAPAN: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION)
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