TABLE 117 REST OF EUROPE: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 80 GERMANY: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) - 257) The market size for data analytics and business intelligence software applications is projected to grow over the next few years. The rise in the need to convert data into actionable evidence increased the need to reduce drug development delays, and the availability of a large volume of healthcare data is one of the major factors driving the growth of this market segment. TABLE 49 RWE SOLUTIONS MARKET FOR OTHER END USERS, BY COUNTRY, 20202027 (USD MILLION), 10 RWE SOLUTIONS MARKET, BY REGION (Page No. 10.4.3 INDIA TOP-LEVEL FINDINGS. 10.3.2 UK TABLE 12 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 86 UK: MACROECONOMIC INDICATORS FIGURE 8 CAGR PROJECTIONS: OVERALL RWE SOLUTIONS MARKET The worldwide market size of BI & analytics software applications could reach $17.6 billion by 2024. FIGURE 35 TOTAL E-PRESCRIPTIONS AND CONTROLLED SUBSTANCE PRESCRIPTIONS IN THE US (2018-2021) TABLE 97 FRANCE: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 4.3 RWE SOLUTIONS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES Healthcare Providers. TABLE 48 RWE SOLUTIONS MARKET FOR HEALTHCARE PROVIDERS, BY COUNTRY, 20202027 (USD MILLION) "Volume of Data/Information Created, Captured, Copied, and Consumed Worldwide from 2010 to 2020, with Forecasts from 2021 to 2025 (in Zettabytes). 7.3.1.1 Clinical settings data set The major reason for this preference is the presence of multiple standards and methods for analysing real-world clinical experience evidence. $6.36 billion will be spent in the consumer segment. TABLE 40 DRUG DEVELOPMENT AND APPROVALS MARKET IN OTHER THERAPEUTIC AREAS, BY COUNTRY, 20202027 (USD MILLION) Thus, stakeholders are reluctant to utilise evidence lacking a standard data generation procedure. There has been a consecutive trend for the rise in RWE trials, except . 6.5.2.2 Europe 6.1.2 SOCIAL MEDIA-SOURCED RWE TABLE 150 REST OF ASIA PACIFIC: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TOP 10 COMPANIES IN REAL-WORLD DATA (RWD) MARKET 0 By Meticulous Research on December 12, 2022 Healthcare, Pharmaceutical According to this latest publication from Meticulous Research, the real-world data (RWD) market is expected to register a CAGR of 7.4% from 2022 to 2029 to reach $1.66 billion by 2029. Note 3: Companies are classified into tiers based on their total revenue. The job market has remained resilient through 2022 with employers still seeking to hire despite an uncertain economic outlook and elevated recession fears. 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. TABLE 20 CLINICAL SETTINGS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) 11.8.4 DYNAMIC COMPANIES United States Real-World Evidence (RWE) Solutions Market Report 2022: Market is Expected to Grow at a CAGR of 13% from 2021 to 2028 to Reach $2.01 Billion by 2028 - ResearchAndMarkets.com March 11 . 6.1.4 INTERNAL VS. OUTSOURCED RWE ANALYTICS APPROACH TABLE 171 IQVIA HOLDINGS INC.: BUSINESS OVERVIEW FIGURE 58 CLINIGEN: COMPANY SNAPSHOT (2021) TABLE 126 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) Given the low number of trials (57), it is difficult to reach a conclusion for each therapeutic area. Webinar White paper 1.4 LIMITATIONS 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. TABLE 65 CANADA: MACROECONOMIC INDICATORS 7.3.1.1.1 Increasing utilization of EHR data for trial recruitment to fuel growth 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. For instance, in May 2020, PAREXEL International Corporation (U.S.) launched the #KeepingPatientsFirst integrated real-world evidence (RWE) research platform focused on aggregating, analyzing, and predicting real-world COVID-19-related disease progression and outcomes using state-of-the-art machine learning, artificial intelligence, and analytics. The acquisition would combine the companys consulting expertise and technical capabilities with Octos team that enable federal clients to transform faster and better serve citizens.Jul-2022: IBM took over Databand, a leader in data observability software. To profile the key players and comprehensively analyze their core competencies2 in terms of key developments, solution portfolios, and recent financials, To track and analyze competitive developments such as acquisitions, product launches, partnerships, and expansions in the real world evidence solutions market, Detailed analysis and profiling of additional market players (up to 5), Further breakdown of the RoAPAC market into Australia, South Korea, New Zealand, Hong Kong, Singapore, and other countries, Further breakdown of the RoE market into Switzerland, Russia, the Netherlands, Nordic countries, and other countries, Further breakdown of the Latin America market into Brazil, Mexico, and the Rest of Latin America, Get Data as per your Format and Definition, Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor, What are the Known and Unknown Adjacencies Impacting the Real World Evidence Solutions Market. Mr.Khushal BombeMeticulous Market Research Inc.1267WillisSt,Ste200 Redding,California,96001, U.S.USA: +1-646-781-8004Europe : +44-203-868-8738APAC: +91 744-7780008Email-[emailprotected]Visit Our Website:https://www.meticulousresearch.com/Connect with us on LinkedIn-https://www.linkedin.com/company/meticulous-researchMeticulousBolg:Content Source: https://www.meticulousresearch.com/pressrelease/238/real-world-evidence-solutions-market-2028, SOURCE Meticulous Market Research Pvt. Many pharmaceutical, biotechnology & medical device companies aspire to join the fight against COVID-19 by applying human data science to support research activities related to health system issues in collaboration with the world's leading academic researchers. 8.5.1 GROWING USE OF RWE SOLUTIONS TO DEVELOP ECONOMIC AND BUDGET IMPACT MODELS R&D is particularly important in the pharmaceutical industry. The world's patient population is experiencing a rapidly increasing frequency of drug shortages whereby patients cannot get access to the medicines they critically need. This research study involved the use of comprehensive secondary sources; directories; databases such as Bloomberg Business, Factiva, and Dun & Bradstreet; white papers; annual reports; companies house documents; investor presentations; and SEC filings of companies. TABLE 34 LIST OF PIPELINE DRUGS FOR ONCOLOGY (2018) 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. TABLE 111 SPAIN: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) 4.5 RWE SOLUTIONS MARKET: DEVELOPED VS. TABLE 160 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) Smart Buildings Market Size in 2022 with Top Countries Data, SWOT Analysis, Share, Top Manufactures, Growth Insights and Forecasts to 2027 | Honeywell, Siemens, Schneider Electric, Johnson Controls Real-world evidence solutions can provide valuable insights to understand better, monitor, and prepare for the challenges caused by the COVID-19 pandemic. You need a Statista Account for unlimited access. Real world data (RWD) plays an increasingly important role in clinical research and health care decision making; the 2016 US 21st Century Cures Act places additional emphasis on the use of these types of data to support regulatory decision making. TABLE 132 JAPAN: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 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. TABLE 137 CHINA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FIGURE 1 RESEARCH DESIGN Further, with the spread of the COVID-19 pandemic, immediate and long-term consequences have been both for people and health systems worldwide. TABLE 75 EUROPE: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 113 SPAIN: RWE MARKET, BY END USER, 20202027 (USD MILLION) Presently, Syneos Health, IQVIA, and ICON are providing late-phase services like research planning, protocol development, clinical study management & reporting, as well as endwise real-world evidence (RWE) solutions. from 8 AM - 9 PM ET. FDA has expanded on this definition as discussed below. February 22, 2023 08:06 ET The new edition of the report includes profiles for Thermo Fisher Scientific Inc. (US), Elevance Health Inc. (US), Cegedim Health Data (France), LabCorp Holdings (US), HealthVerity Inc. (US), and Datavant (US). TABLE 190 MEDPACE HOLDINGS INC.: BUSINESS OVERVIEW 9.2 PHARMACEUTICAL & MEDICAL DEVICE COMPANIES 1.2.3 YEARS CONSIDERED FOR THE STUDY TABLE 154 LATIN AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) After the completion of each approach, the weighted average of these approaches was taken based on the level of assumptions used in each approach. 1.2.2 MARKETS COVERED TABLE 130 JAPAN: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 9.4 HEALTHCARE PROVIDERS The primary sources from the supply side include CEOs, vice presidents, managing directors, marketing heads and sales directors, marketing managers, product managers and related key executives from various key companies and organizations operating in the real world evidence solutions market. If you are an admin, please authenticate by logging in again. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed wherever applicable. 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. Use Ask Statista Research Service. The global real world evidence solutions market size was valued at USD 42.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2030. Then you can access your favorite statistics via the star in the header. TABLE 19 CLINICAL SETTINGS DATA SETS OFFERED BY KEY MARKET PLAYERS TABLE 63 US: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) (IDC, 2020) $1.9 billion will be spent in the distribution and services segment. RWE will be increasingly used to fast track drug approvals In 2016, the 21st Century Cures Act was signed into law. U.S. The Global Real World Evidence Solutions Market size is The Global Real World Evidence Solutions Market size is expected to reach $65.1 billion by 2028, rising at a market growth. RWE can be produced through various study designs or analyses, including but not limited to randomized trials, large simple trials, pragmatic trials, and observational studies (prospective or retrospective). 7.3.1.3.1 Increasing adoption of e-prescribing systems to drive growth TABLE 85 GERMANY: RWE MARKET, BY END USER, 20202027 (USD MILLION) TABLE 37 DRUG DEVELOPMENT AND APPROVALS MARKET IN CARDIOVASCULAR DISEASE, BY COUNTRY, 20202027 (USD MILLION) At USD 4.6 trillion this was an increase of 12.9% from 2020. Special focus: On-premises vs cloud storage, Quarterly smartphone market share worldwide by vendor 2009-2022, Apple iPhone unit sales worldwide 2007-2018, by quarter, Global market share held by smartphone operating systems 2009-2018, by quarter, Virtual reality (VR) - statistics & facts, Research expert covering global developments in the use of data, Profit from additional features with an Employee Account. FIGURE 28 ECOSYSTEM COVERAGE: RWE SOLUTIONS MARKET FIGURE 60 MEDPCE HOLDINGS INC.: COMPANY SNAPSHOT (2021) TABLE 162 MIDDLES EAST & AFRICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 87 UK: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 189 VERANTOS INC.: BUSINESS OVERVIEW TABLE 131 JAPAN: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 175 SYNEOS HEALTH INC.: BUSINESS OVERVIEW 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. 12.1.15 PERKINELMER INC. Visual Data Discovery Market Size: Overview, Share, Trends with Current Market Scenario, 2027 Published: Feb. 23, 2023 at 1:20 a.m. The global market of real world evidence solutions is projected to reach USD 2.9 billion. 12.1.17 CLINIGEN Additionally, countries such as Japan and China in the region have a well-established clinical trial infrastructure, a strong medical workforce, robust healthcare capabilities, and stringent quality standards, which are supporting market growth in Asia Pacific. . For more information on RWE, please contact CDERMedicalPolicy-RealWorldEvidence@fda.hhs.gov. TABLE 174 ICON PLC. TABLE 163 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) As of December 1, 2022, there was nearly one job opening for every active applicant on LinkedIn. The use of computers, mobile devices, wearables and other biosensors to gather and store huge amounts of health-related data has been rapidly accelerating. The Americas contributed 40.2% of the overall market size estimate. FIGURE 14 RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) NAND flash manufacturers revenue share worldwide 2010-2022, by quarter, DRAM manufacturers revenue share worldwide 2011-2022, by quarter, Number of data centers worldwide 2022, by country, DRAM manufacturers revenue worldwide 2011-2022, by quarter. TABLE 104 ITALY: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) In addition to this, increasing focus on drug development and easy drug approval also drives the country's real-world evidence solutions market. 11.7.2 EMERGING LEADERS TABLE 166 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE REAL WORLD EVIDENCE SOLUTIONS MARKET 7.2 SERVICES TABLE 35 DRUG DEVELOPMENT AND APPROVALS MARKET IN ONCOLOGY, BY COUNTRY, 20202027 (USD MILLION) 2.4 MARKET RANKING ANALYSIS FIGURE 2 PRIMARY SOURCES TABLE 122 ASIA PACIFIC: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) ,5002,7503,0003,5004 . 11.9.3 OTHER DEVELOPMENTS 6.4.2 BARGAINING POWER OF SUPPLIERS 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. TABLE 152 REST OF ASIA PACIFIC: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) ET TABLE 54 NORTH AMERICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Insurance. TABLE 138 CHINA: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) Please create an employee account to be able to mark statistics as favorites. TABLE 53 NORTH AMERICA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) - 181) This act required the FDA to release a comprehensive plan to continue advancing these efforts. FIGURE 25 RECOMMENDED INVESTMENT MODEL FOR RWD AND RWE RWE can assist and advance several processes, including determining which patient group will benefit from an intervention the most, assisting with regulatory approvals and completing data from randomized controlled trials, and assisting with reimbursement efforts and expanding usage indications.Therapeutic Area OutlookBased on Therapeutic Area, the Real World Evidence Solutions Market is segmented into Oncology, Cardiology, Neurology, Diabetes, Respiratory, and Others. 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. . TABLE 8 LIST OF PATENTS IN THE RWE SOLUTIONS MARKET, 20192022 To forecast the size of the market segments with respect to five regions, namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. TABLE 108 SPAIN: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) The U.S. labor market still shows signs of resilience despite layoffs and slowdown in hiring. An assessment of the competitive landscape and market shares for major companies. TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 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. 10.6 MIDDLE EAST & AFRICA Using RWE and RWD can inform better protocol design, thereby reducing the number of costly protocol amendments, and can enable the creation of synthetic control arms to accelerate trial execution and decrease overall costs. 13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL FIGURE 34 ADOPTION OF EHR BY HOSPITAL SERVICE TYPE, 2019-2021 Show publisher information 13.4 RELATED REPORTS TABLE 70 CANADA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) Users can now filter, sort and download two data types: Summary Automotive Trends Data. TABLE 125 ASIA PACIFIC: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 139 CHINA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 12.1.10 ELEVANCE HEALTH Among all industry sectors, the pharmaceutical industry spends the largest percentage of its revenue on research and development. With the given market data, MarketsandMarkets offers customizations as per your companys specific needs. The reimbursement/coverage and regulatory decision making segment recorded a substantial revenue share in the real world evidence solutions market in 2021. the market is growing at a steady rate and with the rising adoption of strategies by. Not only is the platform used by regulators like the FDA, but payers . 7500+ companies worldwide approach us every year for their revenue growth initiatives. $12 billion - the worldwide market size of AR/VR in 2020. TABLE 22 CLAIMS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) The Asia Pacific segment procured a considerable growth rate in the real world evidence solutions market in 2021. TABLE 105 ITALY: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) RWE is regularly utilized in the drug development & approval process to inform aspects of drug development, such as the natural history and epidemiology of a disease, and provide data on treatment pathways and comparator interventions in clinical practice. 6.6 TECHNOLOGY ANALYSIS TABLE 100 ITALY: MACROECONOMIC INDICATORS New solution launches & enhancements enabled companies to broaden their product portfolios, advance the capabilities of existing products and services, and cater to the changing demands of users to ensure a competitive edge in the market. TABLE 58 US: MACROECONOMIC INDICATORS 6.3 ECOSYSTEM ANALYSIS 1.1 OBJECTIVES OF THE STUDY 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. Thus, the effectiveness of the use of RWD made a significant impact during the pandemic and continues to play a more significant role in the treatment of infection. 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. 11.9 COMPETITIVE SCENARIO For more information on RWE, please authenticate by logging in again expanded on this definition as discussed.! Recession fears Cures Act was signed into law in 2016, the 21st Century Act. In 2020 can access your favorite statistics via the star in the pharmaceutical industry of the competitive landscape market..., please authenticate by logging in again and BUDGET IMPACT MODELS R & D is particularly important the. 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