The 21st Century Cures Act helped accelerate medical product development and brought innovations, and expanded the role of real-world evidence in the U.S. The global real estate market was valued at $28,917.7 billion in 2021, and is projected to reach $4,923.3 billion by 2031, registering a CAGR of 5.3% from 2022 to 2031. 1.2.3 YEARS CONSIDERED FOR THE STUDY IDC, & Statista. 8.2.3 NEUROLOGY The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. 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. The ideal entry-level account for individual users. 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. 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. 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. TABLE 132 JAPAN: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 10.2.1 US TABLE 41 REAL WORLD EVIDENCE SOLUTIONS MARKET IN MEDICAL DEVICE DEVELOPMENT AND APPROVALS, BY COUNTRY, 20202027 (USD MILLION) FIGURE 21 EMERGING MARKETS TO REGISTER HIGHER GROWTH RATES DURING THE FORECAST PERIOD, 5 MARKET OVERVIEW (Page No. TABLE 126 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 57 NORTH AMERICA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) As soon as this statistic is updated, you will immediately be notified via e-mail. 10.3.3 FRANCE In 2021, the market access & reimbursement/coverage decisions segment accounted for the largest share of the overall real-world evidence solutions market. 6.4 PORTERS FIVE FORCES ANALYSIS TABLE 45 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) The global real world evidence solutions market size is expected to reach USD 78.80 billion by 2030. Real-world evidence (RWE) is clinical evidence gathered via RWD analysis on the use and potential benefits or risks of a medical product. 11.9 COMPETITIVE SCENARIO Data are in millions of international dollars; they were compiled by the World Bank. 80% of fortune 2000 companies rely on our research to identify new revenue sources. TABLE 110 SPAIN: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) A breakdown of the primary respondents is provided below: Note 1: C-level primaries include CEOs, COOs, CTOs, and VPs. 10.3.5 SPAIN TABLE 37 DRUG DEVELOPMENT AND APPROVALS MARKET IN CARDIOVASCULAR DISEASE, BY COUNTRY, 20202027 (USD MILLION) RWD can come from a number of sources, for. 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. 11.6.1 END-USER FOOTPRINT OF COMPANIES (IDC, 2020) AR/VR Spending 2020 By Segment. TABLE 64 US: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 6.5.2 HCIT EXPENDITURE/PRICING ANALYSIS 9.2 PHARMACEUTICAL & MEDICAL DEVICE COMPANIES FIGURE 56 PERKINELMER INC.: COMPANY SNAPSHOT (2021) 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). 10.4.2 CHINA 1.5 Global Market Size of Real World Evidence Solutions (2017-2027) . Real-world evidence (RWE) is clinical evidence gathered via real-world data (RWD) analysis on a medical product's use and potential benefits or risks. Thus, stakeholders are reluctant to utilise evidence lacking a standard data generation procedure. 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. Download Report. Location: New York, New York Aetion operates as a real-world evidence and analysis platform to assist the healthcare industry. TABLE 9 REAL WORLD EVIDENCE SOLUTIONS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 9.5 OTHER END USERS 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. TABLE 83 GERMANY: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) And of course, much more. RWE has spread quickly across applications, yet some stakeholders still hesitate to rely on them. Poor data quality costs the US economy up to $3.1 trillion yearly. Insurance. 8.5 MARKET ACCESS AND REIMBURSEMENT/COVERAGE DECISION MAKING FIGURE 2 PRIMARY SOURCES Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. 7.3.1.4 Patient-powered data set TABLE 100 ITALY: MACROECONOMIC INDICATORS 12.2.1 HEALTHVERITY INC. FIGURE 26 INTERNAL VS. OUTSOURCED RWE ANALYTICS APPROACH (IDC, 2020) $72.8 billion - the projected worldwide AR/VR market size in 2024. 11.6.3 REGIONAL FOOTPRINT OF COMPANIES 10.2.1.1 The US accounted for the largest share of the North American market TABLE 5 PORTERS FIVE FORCES ANALYSIS 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 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. TABLE 61 US: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) RWD has been used increasingly to map the progression of the disease and to discover vaccines and immediate treatments. The diabetes segment witnessed a significant revenue share in the real world evidence solutions market in 2021. Business Solutions including all features. Based on our analysis, the global market exhibited an average growth of 12.5% in 2020 as compared to 2019. For our commercial pharma clients we integrate their commercial datasets such as ex-factory, in market sales and activity data. The Foreign Direct Investment (FDI) inflows are vital for the economic development of one country, yet the COVID-19 impacted the FDI inflows throughout the world; Malaysia is no exception which makes the global FDI market has become extremely competitive. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 10.4.2.1 Low cost of clinical trials and large pharmaceutical R&D base in China to drive market growth This is because pharmaceuticals and biotech companies are becoming more aware of the potential value of RWE in life-cycle management and drug development, as well as how it can lower the cost of clinical trials and boost innovation efficiency.COVID-19 Impact AnalysisThe infectious coronavirus could economically impact most industries, including the pharmaceutical sector. FIGURE 55 SAS INSTITUTE: COMPANY SNAPSHOT (2021) 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. 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. TABLE 103 ITALY: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007. TABLE 133 JAPAN: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) To meet the demands for both drug discovery and development, pharmaceutical and biopharmaceutical companies are opting for fully integrated or functional outsourcing services, from the early development stage to the late-stage development phase. TABLE 134 CHINA: MACROECONOMIC INDICATORS Click Manage settings for more information and to manage your choices. To speak to our analyst for a discussion on the above findings, click Speak to Analyst, 1 INTRODUCTION (Page No. TABLE 114 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) FIGURE 57 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: COMPANY SNAPSHOT (2021) TABLE 40 DRUG DEVELOPMENT AND APPROVALS MARKET IN OTHER THERAPEUTIC AREAS, BY COUNTRY, 20202027 (USD MILLION) The acquisition would enhance Syneos Healths ability to provide technology-enabled, insight-powered solutions. TABLE 94 FRANCE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) FIGURE 24 UTILIZATION OF WEARABLES IN CLINICAL TRIALS, BY THERAPEUTIC AREA, 2019 ", IDC & Statista, Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes) Statista, https://www.statista.com/statistics/871513/worldwide-data-created/ (last visited March 02, 2023), Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes) [Graph], IDC, & Statista, June 7, 2021. 12.2.3 SYAPSE INC. Hence, a successful phase transition is dependent on strong real-world outcomes. TABLE 115 REST OF EUROPE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Real-world evidence helps in understanding real-life clinical practices and actual health outcomes of drugs. TABLE 174 ICON PLC. TABLE 90 UK: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 1.1 OBJECTIVES OF THE STUDY The Americas contributed 40.2% of the overall market size estimate. The PKeye platform enables the user to monitor the moving of samples efficiently through extraction, quality management, and liquid handling procedures.Oct-2021: Syneos Health acquired RxDataScience, healthcare-focused data analytics, data management, and Artificial Intelligence (AI) service provider. 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 91 UK: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 5.2.4.2 Shortage of skilled professionals, 6 INDUSTRY INSIGHTS (Page No. The major reason for this preference is the presence of multiple standards and methods for analysing real-world clinical experience evidence. Our real world data product includes more than 300 million longitudinal covered lives, 2 million healthcare providers and 98% of payers in the United States, with visibility into more than 120 million linked claims and electronic health records (EHR). 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. TABLE 7 JAPAN: HEALTHCARE IT INITIATIVES AND FUNDING Before sharing sensitive information, make sure you're on a federal government site. Real-World Evidence (RWE) Solutions Market by Component [Datasets (Clinical, Claims, Pharmacy, Integrated), Services], Application (Market Access, Oncology, Neurology, Post Market. ReportLinker 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 big data analytics market is set to reach $103 billion by 2023. Note 2: Other primaries include sales managers, marketing managers, and product managers. TABLE 121 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. As of 2021: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 =. TABLE 81 GERMANY: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 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. The key factors. - 28) The 21st Century Cures Act, passed in 2016, places additional focus on the use of these types of data to support regulatory decision making, including approval of new indications for approved drugs. Data monetization is the sharing of data between companies. 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. 11.6 COMPANY FOOTPRINT 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. What are the features and benefits of GDS? FIGURE 16 REAL WORLD EVIDENCE SOLUTIONS MARKET: GEOGRAPHIC SNAPSHOT, 4 PREMIUM INSIGHTS (Page No. TABLE 171 IQVIA HOLDINGS INC.: BUSINESS OVERVIEW Real-world data (RWD) is defined as "the data relating to patient health status and/or the delivery of health care routinely collected from a variety of sources." 1 Sources of RWD include, but are not limited to: Electronic health records (EHRs); Claims and billing activity; Product and disease registries; FIGURE 18 JAPAN ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 Internet users generate about 2.5 quintillion bytes of data each day. The increasing prevalence of chronic diseases, stringent regulations for drug approvals, implementation of the 21st Century Cures Act, availability of electronic datasets, advanced healthcare industry, and rising big data in healthcare are the major factors responsible for the largest market share of North America. 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