real world data market size
As a Premium user you get access to the detailed source references and background information about this statistic. TABLE 62 US: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 10.4.2 CHINA . 5.2.3.1 Growth opportunities in emerging markets Thus, it is discovered that the usage of real-world evidence (RWE) findings is growing. 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. TABLE 72 EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COUNTRY, 20202027 (USD MILLION) TABLE 75 EUROPE: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 2023 MarketsandMarkets Research Private Ltd. All rights reserved, Published Date: Nov2022 | Report Code: HIT 6444, Communication and Connectivity Technology, Coatings Adhesives Sealants and Elastomers, Automotive Electronics and Electrical Equipment, Construction Technology and Sustainability, Get market data points, ranging from trend analyses to market data, Artificial Intelligence in Healthcare Market, Contract Research Organization (CRO) Services Market, Analytical and Scientific Instrumentation, Rise in the geriatric population and the subsequent increase in the prevalence of chronic diseases, Potential of RWE in reducing drug development costs and expediting the drug development process, Increased R&D spending for the development of new pharmaceutical products and medical devices, Support from regulatory bodies for the use of RWE solutions, Market Access Reimbursement/Coverage Decision Making, Pharmaceutical & Medical Device Companies. 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. In addition, with the development of sophisticated, new analytical capabilities, we are better able to analyze these data and apply the results of our analyses to medical product development and approval. Businesses require robust evidence lifecycle management skills to demonstrate value. In, IDC, und Statista. TABLE 122 ASIA PACIFIC: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FIGURE 38 ANNUAL DRUG APPROVALS BY CDER (FDA), 20112021 TABLE 119 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) Despite these impediments, engineers worldwide are embracing innovative solutions . TABLE 104 ITALY: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) 6.1.3 RISE IN THE USE OF RWD AND RWE ACROSS THE PHARMACEUTICAL INDUSTRY A breakdown of the primary respondents is provided below: Note 1: C-level primaries include CEOs, COOs, CTOs, and VPs. TABLE 153 REST OF ASIA PACIFIC: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 180 ELEVANCE HEALTH: BUSINESS OVERVIEW TABLE 63 US: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) As of 2021: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 =. TABLE 24 PHARMACY DISPARATE DATA SET MARKET, BY COUNTRY, 20202027 (USD MILLION) However, rise in data connectivity . Many medical professionals and pharmaceutical companies have used their resources to stop the COVID-19 pandemics spread and create efficient drugs and vaccinations. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Furthermore, post-pandemic, therapeutic developments for COVID-19 infection saw a significant boost. TABLE 45 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) The Americas contributed 40.2% of the overall market size estimate. TABLE 178 LABCORP HOLDINGS: BUSINESS OVERVIEW RWD provides supporting evidence for diseases with small size populations and rare cancers. Furthermore, it would enable the company to bring new therapies to market by leveraging these studies.Sep-2018: PAREXEL came into partnership with Datavant, a healthcare technology company focused on enabling the secure de-identification and linking of healthcare datasets. Similarly, RWE can accelerate label expansion and decrease the overall cost of the evidence needed for filing. To know about the assumptions considered for the study, download the pdf brochure. Pharma data analyses extract insights, inform new strategies and provide KPI tracking. The market is expected to expand at a CAGR of 8.2% from 2023 to 2030. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. The reimbursement/coverage and regulatory decision making segment recorded a substantial revenue share in the real world evidence solutions market in 2021. Profit from the additional features of your individual account. TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 1.2.3 YEARS CONSIDERED FOR THE STUDY TABLE 154 LATIN AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. TABLE 168 FDA APPROVALS/ENHANCEMENTS, 20192022 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. This includes implementing an effective governance strategy, taking help from technologies such as cloud and self-service analytics, and acquiring the ability to integrate data sets and understand the appropriate resources for the necessary analytics (and tactical issues around data access and quality). TABLE 33 REAL WORLD EVIDENCE SOLUTIONS MARKET IN DRUG DEVELOPMENT AND APPROVALS, BY TYPE 20202027 (USD MILLION) FIGURE 37 FDA PHASE TRANSITION SUCCESS RATES, 20112020 6.2 Real-World Data Sources Table 4 Indicative List of National Databases in Developed Countries 6.3 Ecosystem Analysis Figure 27 Ecosystem Coverage: Parent Market (Healthcare It Solutions) . TABLE 137 CHINA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 5 Introduction Randomized and observational. RWD can come from a number of sources, for. ET TABLE 69 CANADA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 149 REST OF ASIA PACIFIC: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The report presents a detailed assessment of the real world evidence solutions market, along with qualitative inputs and insights from MarketsandMarkets. 6.5.1 AVERAGE SELLING PRICE 10.4.1 JAPAN 12.1.3 OPTUM INC. (A SUBSIDIARY OF THE UNITED HEALTH GROUP, INC.) 7.3.1.5.1 Increasing number of disease registries is driving the demand for registry-based data sets in evidence generation You only have access to basic statistics. statistic alerts) please log in with your personal account. FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 6.5.2.1 North America 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. FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY-SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION 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. In 2021, the real-world datasets segment accounted for the larger share of the overall real-world evidence solutions market. 11.7.2 EMERGING LEADERS TABLE 54 NORTH AMERICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Real-world data (RWD) is data that relates to patient health status and/or the delivery of health care routinely collected from a variety of sources. Support from regulatory bodies for using Real World Evidence Solutions (RWE) and an increase in R&D spending are anticipated to boost market growth. TABLE 148 REST OF ASIA PACIFIC: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 66 CANADA: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 78 EUROPE: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 10.2 NORTH AMERICA FIGURE 5 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS TABLE 146 INDIA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 6.4.3 BARGAINING POWER OF BUYERS 10.1 INTRODUCTION TABLE 47 RWE SOLUTIONS MARKET FOR HEALTHCARE PAYERS, BY COUNTRY, 20202027 (USD MILLION) As real world data frequently needs to combine data from multiple technology architectures including data from healthcare sources, patient reported outcomes, electronic data capture (EDC) or a mobile health technology, a highly specialized infrastructure is needed. 10.5.1 INCREASED HEALTHCARE EXPENDITURE TO SUPPORT MARKET GROWTH 8.2.1 ONCOLOGY 8.3 MEDICAL DEVICE DEVELOPMENT AND APPROVALS TABLE 67 CANADA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Through this acquisition, the company aimed at adding new capabilities to its decentralized clinical trial solutions. 9.3 HEALTHCARE PAYERS 8.1 INTRODUCTION 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. 6.10.2 BUYING CRITERIA TABLE 46 RWE SOLUTIONS MARKET FOR PHARMACEUTICAL & MEDICAL DEVICE COMPANIES, BY COUNTRY, 20202027 (USD MILLION) 11.2 STRATEGIES ADOPTED BY KEY PLAYERS /RIGHT TO WIN You can only download this statistic as a Premium user. In December 2021, TriNetX LLC announced the launch of Diversity Lens, an analytic feature that enables healthcare and life sciences organizations to make use of real-world data to comprehend and address racial and ethnic differences in clinical trial patient participation. Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. TABLE 28 REGISTRY-BASED DATA SETS OFFERED BY KEY MARKET PLAYERS Government. 7.3.1.2.1 Growing need to understand the economic benefits of drug reimbursement by payers to drive growth Please do not hesitate to contact me. Big data comprises large data volumes, the size of which (petabytes and exabytes) exceeds the capacity of commonly employed software tools to purchase, manage and process data, over time. Before sharing sensitive information, make sure you're on a federal government site. The Big Data industry is driven by a sharp increase in data volume. 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. TABLE 89 UK: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The Aetion Evidence Platform (AEP) is the actual software that transforms the data into real-world evidence that answers questions surrounding operation safety, medical technologies and effectiveness. FIGURE 25 RECOMMENDED INVESTMENT MODEL FOR RWD AND RWE 5.2.2.1 Reluctance of medical practitioners and researchers to rely on real-world studies TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 7.3.1.3.1 Increasing adoption of e-prescribing systems to drive growth TABLE 15 DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Intraday data delayed at least . TABLE 13 RWE SERVICES OFFERED BY KEY MARKET PLAYERS 10.3.1.1 High pharmaceutical R&D spending in Germany to boost the market growth TABLE 140 CHINA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 3 MARKET DYNAMICS: IMPACT ANALYSIS | Source: 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) - Forecast to 2028, https://www.meticulousresearch.com/product/us-rwe-solutions-market-5243. 4.1 REAL WORLD EVIDENCE SOLUTIONS MARKET OVERVIEW 2.1.1.1 Key data from secondary sources As a result, the demand for RWE services is higher in comparison to RWE data sets. 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TABLE 76 EUROPE: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) FIGURE 44 REAL WORLD EVIDENCE SOLUTIONS MARKET: COMPANY EVALUATION QUADRANT (2021) FIGURE 8 CAGR PROJECTIONS: OVERALL RWE SOLUTIONS MARKET Real-World Evidence (RWE) Solutions market is split by Type and by Application for the period 2022-2030, the growth among segments provides accurate artifices and forecasts for sales by Type and . 12.1.2 IBM CORPORATION (IBM) TABLE 27 USE OF REGISTRIES FOR EVIDENCE GENERATION - 113) FIGURE 10 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 2022 VS. 2027 (USD MILLION) 7.3.1.2 Claims data set FIGURE 16 REAL WORLD EVIDENCE SOLUTIONS MARKET: GEOGRAPHIC SNAPSHOT, 4 PREMIUM INSIGHTS (Page No. 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. TABLE 61 US: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Real World Evidence Solutions Market Size And Forecast Real World Evidence Solutions Market size was valued at USD 870.79 Million in 2020 and is projected to reach USD 2463.14 Million by 2028, growing at a CAGR of 13.92% from 2021 to 2028. When clinical trials cannot adequately represent the whole patient population for a given disease, real-world evidence is required.Patients who did not take part in any clinical trials, have comorbid conditions, reside in a remote location, or are older than the recommended age range may not react to the medication in consideration as expected. 7.3.1.4 Patient-powered data set TABLE 118 REST OF EUROPE: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 71 CANADA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 95 FRANCE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 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 global Real World Evidence Solutions Market size was valued at $1.4 billion in 2021, and is projected to reach $5 billion by 2031, growing at a CAGR of 13.7% from 2022 to 2031. TABLE 30 INTEGRATED DATA SETS OFFERED BY KEY MARKET PLAYERS Location: New York, New York Aetion operates as a real-world evidence and analysis platform to assist the healthcare industry. 2.2 MARKET SIZE ESTIMATION: REAL WORLD EVIDENCE SOLUTIONS MARKET TABLE 127 JAPAN: MACROECONOMIC INDICATORS TABLE 40 DRUG DEVELOPMENT AND APPROVALS MARKET IN OTHER THERAPEUTIC AREAS, BY COUNTRY, 20202027 (USD MILLION) - 81) Given the low number of trials (57), it is difficult to reach a conclusion for each therapeutic area. Detailed research and segmentation for the main products and markets. FIGURE 54 ELEVANCE HEALTH: COMPANY SNAPSHOT (2021) 6.8 PATENT ANALYSIS TABLE 117 REST OF EUROPE: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) Download Report. FIGURE 51 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT (2021) 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. 5.2.1 DRIVERS TABLE 99 FRANCE: RWE MARKET, BY END USER, 20202027 (USD MILLION) TABLE 50 RWE SOLUTIONS MARKET, BY REGION, 20202027 (USD MILLION) At Pitt . Register in seconds and access exclusive features. The primary sources from the demand side included Directors, and strategy managers of pharmaceutical and medical device companies, insurance providers, healthcare providers, and department heads. TABLE 179 ORACLE CORPORATION: BUSINESS OVERVIEW 6.9 KEY CONFERENCES AND EVENTS (2022-2023) 10.3.3 FRANCE Education. 6.1 INDUSTRY TRENDS 11.7.1 STARS FIGURE 20 NORTH AMERICA WILL CONTINUE TO DOMINATE THE REAL WORLD EVIDENCE SOLUTIONS MARKET DURING THE FORECAST PERIOD Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. 7.3.2 INTEGRATED DATA SETS TABLE 110 SPAIN: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 19 CLINICAL SETTINGS DATA SETS OFFERED BY KEY MARKET PLAYERS TABLE 70 CANADA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) The usage of real-world evidence ( RWE ) findings is growing professional research.... For 170 industries from 50 countries and over 1 MILLION facts: get quick with. And create efficient drugs and vaccinations ( RWE ) findings is growing Big data industry is BY... 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