As soon as this statistic is updated, you will immediately be notified via e-mail. ,5002,7503,0003,5004 . 24*7 real-time access to a vast global inventory of hotel rooms, cars, airlines, buses, tours and other travel-related items. TABLE 123 ASIA PACIFIC: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The real-world evidence solutions market is segmented on the basis of component, application, end user and region. FIGURE 59 CEGEDIM HEALTH DATA: COMPANY SNAPSHOT (2021) Moreover, the processes and evidence used in making pharmaceutical coverage decisions vary substantially among the payers. 12.1.7 THERMO FISHER SCIENTIFIC INC. TABLE 60 US: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) It also helps generate broader scientific evidence and commercial insights, valuable for the pharmaceutical industry. 8.3 MEDICAL DEVICE DEVELOPMENT AND APPROVALS TABLE 6 NORTH AMERICA: HEALTHCARE EXPENDITURE, BY COUNTRY The size of the professionally managed real estate market also continued to grow in 2021, rising to USD 11.4 trillion from USD 10.5 trillion in 2020. 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. 9.3 HEALTHCARE PAYERS 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 Many medical professionals and pharmaceutical companies have used their resources to stop the COVID-19 pandemics spread and create efficient drugs and vaccinations. TABLE 23 PHARMACY DATA SETS OFFERED BY KEY MARKET PLAYERS TABLE 165 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION), 11 COMPETITIVE LANDSCAPE (Page No. 11.8.2 STARTING BLOCKS The Big Data industry is driven by a sharp increase in data volume. TABLE 51 NORTH AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COUNTRY, 20202027 (USD MILLION) TABLE 17 DISPARATE 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. The analysis of the collected data generates real-world evidence, which, in turn, helps in retrospective studies and provides meaningful insights into unmet needs and the clinical and economic impacts on patients and healthcare systems. 12.1.19 VERANTOS INC. 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. February 22, 2023 08:06 ET In addition, this further reduces the inclination of major stakeholders to adopt real world evidence solutions. 6.2 REAL-WORLD DATA SOURCES This act required the FDA to release a comprehensive plan to continue advancing these efforts. 8.2.1.1 Growing number of clinical trials focused on cancer treatment to drive growth 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. Two prominent healthcare data science firms, Aetion and HealthVerity, were discovered partnering in 2020, strengthening their already established partnership to extract practical medical evidence from EHRs (electronic health records) and counsel drug producers and authorities on COVID-19 treatments.Market Growth FactorsRising investment in R&D to create new goods and medical devices along with lowering the price of medication developmentMost biopharmaceutical, pharmaceutical, and medical device businesses continue to make significant investments in creating new medications and equipment. Forecasts show that the market will grow from $14.9 billion to $17.6 billion in 2024. Statista. 1.2.3 YEARS CONSIDERED FOR THE STUDY The pharmaceutical, biotech, and medical device industries are facing a list of unprecedented challenges led by the global economic crisis, coronavirus pandemic, and concerns about escalating healthcare costs. Similarly, new solution launches & enhancements were the second most preferred strategy after partnerships, collaborations, and agreements in the market. The real estate market includes buying and selling of residential, commercial, and industrial properties such as flats, bungalows, offices and villas. The pressures are more significant in the oncological department, where high-cost agents with similar effects compete in the market. Show publisher information 6.4.2 BARGAINING POWER OF SUPPLIERS 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. 9.3.1 INCREASED FOCUS ON OUTCOME-BASED PAYMENT MODELS TO DRIVE DEMAND 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 interactive data tools below provide a way to explore public data from the 2022 EPA Automotive Trends Report. In 2021, the market access & reimbursement/coverage decisions segment accounted for the largest share of the overall real-world evidence solutions market. 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. 8.6 CLINICAL AND REGULATORY DECISION MAKING How to Determine Market Size To calculate your market size, you'll either be looking for data on the number of potential customer, or number of transactions each year. Business Solutions including all features. Additionally predicted to drive market growth is rising consumer desire for better healthcare services.The market research report covers the analysis of key stake holders of the market. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.57% during 2023-2028. . 11.5 COMPETITIVE BENCHMARKING Let us know if you would like to assess the impact of COVID-19 on any industry here-https://www.meticulousresearch.com/custom-research, U.S. 7.3.1.3 Pharmacy data set TABLE 98 FRANCE: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 6.4.4 THREAT OF SUBSTITUTES 2.1 RESEARCH DATA 9.4 HEALTHCARE PROVIDERS 11.6 COMPANY FOOTPRINT 11.7.4 PARTICIPANTS 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. 12.1.3 OPTUM INC. (A SUBSIDIARY OF THE UNITED HEALTH GROUP, INC.) Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 8.2.5 OTHER THERAPEUTIC AREAS R&D is particularly important in the pharmaceutical industry. 5.2.1.1 Rise in the geriatric population and the subsequent increase in the prevalence of chronic diseases TABLE 187 CLINIGEN: BUSINESS OVERVIEW The oncology segment dominates owing to the rising prevalence of cancer and the increasing number of clinical trials and studies focused on cancer treatment and prevention. FIGURE 15 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 2022 VS. 2027 (USD MILLION) 6.9 KEY CONFERENCES AND EVENTS (2022-2023) TABLE 125 ASIA PACIFIC: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) We, Yahoo, are part of the Yahoo family of brands. Education. 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. 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) . 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. FIGURE 18 JAPAN ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 10.4.1.1 Stringent regulatory scenario in Japan to restrain market growth A paid subscription is required for full access. Feb 03, 2023 (The Expresswire) -- Platinum Catalyst Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2022, at unexpected CAGR during the forecast Period 2023-2029 . In, IDC, und Statista. FIGURE 38 ANNUAL DRUG APPROVALS BY CDER (FDA), 20112021 10.2.1.1 The US accounted for the largest share of the North American market This platform is an innovative approach that enables customers in the life sciences industry to discover powerful new insights, drive smarter decision-making, and get treatments to patients faster. 10.3.1 GERMANY TABLE 42 REAL WORLD EVIDENCE SOLUTIONS MARKET IN POST-MARKET SURVEILLANCE, BY COUNTRY, 20202027 (USD MILLION) TABLE 2 RISK ASSESSMENT: REAL WORLD EVIDENCE SOLUTIONS MARKET TABLE 79 GERMANY: MACROECONOMIC INDICATORS After the completion of each approach, the weighted average of these approaches was taken based on the level of assumptions used in each approach. Available: https://www.statista.com/statistics/871513/worldwide-data-created/, Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025, Available to download in PNG, PDF, XLS format, Global IT spending forecast 2012-2023, by segment, IT spending year-over-year growth worldwide 2016-2023, by segment, Worldwide storage revenue growth 2017-2027, Worldwide storage spending per employee 2016-2028, Information archiving solutions market size worldwide 2014-2026, Amount of data created, consumed, and stored 2010-2020, with forecasts to 2025, Worldwide data storage unit revenue 2014-2027, Worldwide data storage unit revenue growth 2015-2027, Sales volume of data storage units worldwide 2014-2027, Data storage units volume growth worldwide 2015-2027, Per unit price of data storage units worldwide 2014-2027, DRAM market revenue worldwide 2010-2022, by quarter, NAND flash market revenue worldwide 2010-2022, by quarter, Market revenue from external enterprise storage systems 2009-2021, by quarter, NAND flash manufacturers revenue worldwide 2010-2022, by quarter, Enterprise external storage systems factory revenue worldwide 2009-2021, by quarter, Enterprise external storage systems vendor market share 2008-2021, by quarter, Spending on cloud and data centers 2009-2021, by segment, Share of IT infrastructure spending worldwide 2014-2024, by deployment type, Worldwide enterprise cloud strategy 2017-2022, Global unstructured data storage repositories used 2021, Global cloud storage security issues 2020-2021, by organization size, Global cloud identity and access management issues 2020-2021, by organization size, Smart building data volume collected globally 2010-2020, Data economy's impact on GDP in EU and UK 2018-2025, Number of data users in the EU and UK 2016-2020 and 2025, Data companies' revenues in the EU and UK 2016-2020 and 2025, Internet data consumption in Asia Pacific 2015-2020 by selected countries, Total Enterprise datasphere size by industry worldwide 2018, Internet data consumption in Indonesia 2013-2020, Internet data consumption in China 2013-2020, Value of data economy in EU and UK 2016-2020 and 2025, Average data consumption per user in one quarter in Indonesia 2019, Data as a share of total mobile service revenue in China 2004-2014, Mobile data as share of total telecom revenue in the United Kingdom (UK) 2004-2014, Monthly mobile data consumption volume by SIM card in France 2008-2017, All-flash array price in Taiwan Q3 2016-Q3 2018, Visual data room market value worldwide 2018-2027, Distribution of smartphone contracts with major providers Japan 2020, by data volume, Number of data professionals in the U.S. 2016-2020, Number of data professionals in the EU and UK 2016-2020 and 2025, Distribution of budget SIM cards for smartphones Japan 2020, by data volume, Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes), Find your information in our database containing over 20,000 reports. Thus, a tendency toward patient-centered virtual care and digitalization is being observed in the industry. TABLE 30 INTEGRATED DATA SETS OFFERED BY KEY MARKET PLAYERS There has been a consecutive trend for the rise in RWE trials, except . As a Premium user you get access to the detailed source references and background information about this statistic. TABLE 177 THERMO FISHER SCIENTIFIC INC.: BUSINESS OVERVIEW 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. ReportLinker 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. The GDS software can easily be integrated on Android, iOS, and Web platforms. According to Prudent Markets, Global Real World Evidence/RWE Solutions Market Size was projected at USD 40.1 billion in 2021, and is expected to increase at a CAGR of 7.8% from 2022 to 2028 . You only have access to basic statistics. 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. 1.2.1 INCLUSIONS AND EXCLUSIONS 5.2.3.2 Rise in focus on end-to-end RWE services FIGURE 52 LABCORP HOLDINGS: COMPANY SNAPSHOT (2021) The following customization options are available for the report: Which are the different countries covered across the regions of the Global RWE Solutions Market? FIGURE 43 REAL WORLD EVIDENCE SOLUTIONS MARKET RANKING, BY KEY PLAYER, 2021 TABLE 126 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) These marketplaces and exchanges provide centralized availability and access (to X analytics and other unique data sets, for example) that create economies of scale to reduce costs for third-party data. 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. TABLE 43 RWE SOLUTIONS MARKET IN MARKET ACCESS AND REIMBURSEMENT/COVERAGE DECISION MAKING, BY COUNTRY, 20202027 (USD MILLION) Our clients rely on our information and data to stay . 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. FIGURE 10 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 2022 VS. 2027 (USD MILLION) With this partnership, the company aimed at expanding Parexels network of real-world data (RWD) sources to deliver drug development solutions for customers. Before sharing sensitive information, make sure you're on a federal government site. A five-year forecast of the market and noted trends. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. (IDC, 2020) $72.8 billion - the projected worldwide AR/VR market size in 2024. 10.2 NORTH AMERICA TABLE 39 DRUG DEVELOPMENT AND APPROVALS MARKET IN IMMUNOLOGY, BY COUNTRY, 20202027 (USD MILLION) TABLE 58 US: MACROECONOMIC INDICATORS However, rise in data connectivity . 7.3.1.5.1 Increasing number of disease registries is driving the demand for registry-based data sets in evidence generation FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS The ideal entry-level account for individual users. FIGURE 42 REVENUE ANALYSIS OF KEY PLAYERS IN THE REAL WORLD EVIDENCE SOLUTIONS MARKET TABLE 105 ITALY: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 10.3.1.1 High pharmaceutical R&D spending in Germany to boost the market growth Thus, aiding in the dismantling of traditional silos and enabling insight-driven decision-making from the product R&D stage to its commercialization. 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. 11.9.3 OTHER DEVELOPMENTS To know about the assumptions considered for the study, download the pdf brochure. 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. 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. Access to this and all other statistics on 80,000 topics from, Show sources information TABLE 26 RWE PATIENT-POWERED DISPARATE DATA MARKET, BY COUNTRY, 20202027 (USD MILLION) 5.2.4.2 Shortage of skilled professionals, 6 INDUSTRY INSIGHTS (Page No. 10.3.4.1 The demand for RWE in Italy is high due to the widespread use of pay-for-outcomes 9.5 OTHER END USERS TABLE 141 INDIA: MACROECONOMIC INDICATORS FIGURE 14 RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) The largest market share of 48.6% was held by on-premises delivery mode in 2022. 10.4 ASIA PACIFIC TABLE 112 SPAIN: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) Access for both B2C and B2B travel booking engines. 9.2.1 INCREASED R&D EXPENDITURE IN INNOVATIVE MEDICINES TO DRIVE MARKET GROWTH Note 2: Other primaries include sales managers, marketing managers, and product managers. 10.4.3 INDIA 80% of fortune 2000 companies rely on our research to identify new revenue sources. 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). Real-World Evidence (RWE) is the clinicalevidence about the usage and potential benefits or risks of a medical product derived from analysis of RWD. 5.2.1.2 Shift from volume- to value-based care 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. (June 7, 2021). In turn, this has increased the possibility of using an end-to-end strategy to leverage a life sciences organizations data, proof, and knowledge resources. 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. 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. 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. FIGURE 8 CAGR PROJECTIONS: OVERALL RWE SOLUTIONS MARKET FIGURE 56 PERKINELMER INC.: COMPANY SNAPSHOT (2021) 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. Real-World Evidence (RWE) Solutions Market by Component [Datasets (Clinical, Claims, Pharmacy, Integrated), Services], Application (Market Access, Oncology, Neurology, Post Market. 2.1.2 PRIMARY DATA 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. 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. This lack of consensus has led to a situation where RWE lacks the quality to be part of the body of evidence used to determine the comparative effectiveness of different treatment options. 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. TABLE 183 TRINETX LLC: BUSINESS OVERVIEW The worldwide market size of BI & analytics software applications could reach $17.6 billion by 2024. TABLE 171 IQVIA HOLDINGS INC.: BUSINESS OVERVIEW FIGURE 11 DATA SETS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) Together both companies aimed at providing technology-enabled, insights-powered solutions to biopharma customers by integrating RxDataSciences AI and data-science capabilities with its therapeutic expertise.Sep-2021: Syneos Health took over StudyKIK, technology-enabled clinical trial recruitment, and retention company. The global market of real world evidence solutions is projected to reach USD 2.9 billion. The RWE Solutions Market is expected to grow at a CAGR of 11.8% from 2022 to 2029 to reach $4.93 billion by 2029. TABLE 52 NORTH AMERICA: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) statistic alerts) please log in with your personal account. The Asia Pacific segment procured a considerable growth rate in the real world evidence solutions market in 2021. TABLE 143 INDIA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 12.2.2 DATAVANT TABLE 68 CANADA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 155 LATIN AMERICA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 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) [Graph]. 10.3 EUROPE TABLE 135 CHINA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) Please create an employee account to be able to mark statistics as favorites. The healthcare companies segment witnessed the maximum revenue share in the real world evidence solutions market in 2021. TABLE 7 JAPAN: HEALTHCARE IT INITIATIVES AND FUNDING TABLE 119 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) With the given market data, MarketsandMarkets offers customizations as per your companys specific needs. TABLE 22 CLAIMS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) 5 Introduction Randomized and observational. TABLE 163 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) FIGURE 26 INTERNAL VS. OUTSOURCED RWE ANALYTICS APPROACH TABLE 15 DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 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). 5.2.4 CHALLENGES 1.5 Global Market Size of Real World Evidence Solutions (2017-2027) . Sharp increase in data volume, the market access & reimbursement/coverage decisions segment accounted for study! Real-World evidence solutions ( 2017-2027 ) reduces the inclination of major stakeholders to adopt real world solutions. 'Re on a federal government site companies segment witnessed the maximum revenue share in the market STARTING... 2022 EPA Automotive Trends Report study, download the pdf brochure revenue share in the real world evidence is... 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