U.S. RWE can be produced through various study designs or analyses, including but not . 12.1.20 MEDPACE HOLDINGS INC. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. TABLE 136 CHINA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) As soon as this statistic is updated, you will immediately be notified via e-mail. TABLE 180 ELEVANCE HEALTH: BUSINESS OVERVIEW Detailed research and segmentation for the main products and markets. TABLE 142 INDIA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. FIGURE 20 NORTH AMERICA WILL CONTINUE TO DOMINATE THE REAL WORLD EVIDENCE SOLUTIONS MARKET DURING THE FORECAST PERIOD TABLE 92 UK: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) For instance, although payers have started using RWE, they prefer to use randomised clinical trials (RCTs) instead of external observational data to inform drug coverage decisions. The total size of the real world evidence solutions market was arrived at after data triangulation from three different approaches- revenue share analysis, segmental extrapolation, and primary interviews. Intraday data delayed at least . EMERGING MARKETS The economic and investment reach of those assets are felt by millions of Americans all across the country. - 181) 12.1.8 LABCORP HOLDINGS 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. TABLE 16 DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) FIGURE 45 START-UP/SME EVALUATION QUADRANT (2021) View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 2.1.2.1 Key data from primary sources 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) . In order to prove value, companies need strong evidence of lifecycle management capabilities. 7.3.1 DISPARATE DATA SETS With this acquisition, the company aimed to strengthen its software portfolio through automation, data, and AI in order to address the full spectrum of observability.Nov-2021: PerkinElmer unveiled PKeye, a workflow monitor platform for remotely managing and monitoring workflows. 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. - 81) 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. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. 12.1.14 TRINITY LIFE SCIENCES 7.3.1.3.1 Increasing adoption of e-prescribing systems to drive growth 7.3.1.5.1 Increasing number of disease registries is driving the demand for registry-based data sets in evidence generation The Real-world Evidence (RWE) Solutions Market is expected to reach $4.9 billion by 2029, at a CAGR of 11.8% from 2022 to 2029. TABLE 156 LATIN AMERICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) It also determines the outcomes based on much larger data samples, reduces costs, and improves the efficiency of clinical trials. 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. Use Ask Statista Research Service. TABLE 107 SPAIN: MACROECONOMIC INDICATORS Profit from the additional features of your individual account. FIGURE 57 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: COMPANY SNAPSHOT (2021) TABLE 95 FRANCE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) $12 billion - the worldwide market size of AR/VR in 2020. FIGURE 29 GLOBAL PATENT PUBLICATION TRENDS IN THE RWE SOLUTIONS MARKET, 20162021 12.1.6 PAREXEL INTERNATIONAL CORPORATION TABLE 87 UK: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. Healthcare Providers. FIGURE 10 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 2022 VS. 2027 (USD MILLION) 8.4 POST-MARKET SURVEILLANCE TABLE 43 RWE SOLUTIONS MARKET IN MARKET ACCESS AND REIMBURSEMENT/COVERAGE DECISION MAKING, BY COUNTRY, 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 112 SPAIN: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 96 FRANCE: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 6.7.3 ASIA PACIFIC 5.2.3.2 Rise in focus on end-to-end RWE services In addition to this, increasing focus on drug development and easy drug approval also drives the country's real-world evidence solutions market. After the completion of each approach, the weighted average of these approaches was taken based on the level of assumptions used in each approach. The summary data allow users to explore the trends in fuel economy, CO 2, and vehicle attributes for model years 1975-2022. TABLE 190 MEDPACE HOLDINGS INC.: BUSINESS OVERVIEW 10.2.2.1 Growing number of clinical trials in Canada to drive market growth The interactive data tools below provide a way to explore public data from the 2022 EPA Automotive Trends Report. 11.6.2 PRODUCT FOOTPRINT OF COMPANIES The Asia Pacific segment procured a considerable growth rate in the real world evidence solutions market in 2021. You need at least a Starter Account to use this feature. 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. TABLE 110 SPAIN: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 10.3.2.1 The growing adoption of HTA in the UK supports market growth When typing in this field, a list of search results will appear and be automatically updated as you type. The real-world evidence solutions market is segmented on the basis of component, application, end user and region. TABLE 109 SPAIN: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 135 CHINA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 101 ITALY: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) The pressures are more significant in the oncological department, where high-cost agents with similar effects compete in the market. The use of computers, mobile devices, wearables and other biosensors to gather and store huge amounts of health-related data has been rapidly accelerating. 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. TABLE 137 CHINA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) In addition, this further reduces the inclination of major stakeholders to adopt real world evidence solutions. ,5002,7503,0003,5004 . FIGURE 44 REAL WORLD EVIDENCE SOLUTIONS MARKET: COMPANY EVALUATION QUADRANT (2021) 5.1 INTRODUCTION TABLE 19 CLINICAL SETTINGS DATA SETS OFFERED BY KEY MARKET PLAYERS FIGURE 14 RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) TABLE 177 THERMO FISHER SCIENTIFIC INC.: BUSINESS OVERVIEW Download Report. 6.1.4 INTERNAL VS. OUTSOURCED RWE ANALYTICS APPROACH 12.2.4 TEMPUS LABS INC. The market is projected to grow from USD 271.83 billion in 2022 to USD 655.53 billion by 2029, exhibiting a CAGR of 13.4% during the forecast period. Location: New York, New York Aetion operates as a real-world evidence and analysis platform to assist the healthcare industry. The Americas contributed 40.2% of the overall market size estimate. 1.2.1 INCLUSIONS AND EXCLUSIONS 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 . 11.9.2 DEALS 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. TABLE 83 GERMANY: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 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. 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. We, Yahoo, are part of the Yahoo family of brands. FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD There has been a consecutive trend for the rise in RWE trials, except . In April 2021, IQVIA Holdings Inc. announced the launch of Connected Intelligence Platform. RWE experts communicate and collaborate with the subject matter experts of the pharmaceutical and medical device companies to offer services to develop intelligent RWE strategies (consulting services) and use the analytical capabilities to provide meaningful statistical insights. 7.3.1.4 Patient-powered data set 5.2.1.2 Shift from volume- to value-based care The global real world evidence solutions market size is expected to reach USD 78.80 billion by 2030. TABLE 161 MIDDLES EAST & AFRICA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Forecasts show that the market will grow from $14.9 billion to $17.6 billion in 2024. TABLE 126 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 6.7.2 EUROPE 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). The health care community is using these data to support coverage decisions and to develop guidelines and decision support tools for use in clinical practice. 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. . 10.5 LATIN AMERICA 12.1.13 TRINETX LLC 10.3.6 REST OF EUROPE TABLE 47 RWE SOLUTIONS MARKET FOR HEALTHCARE PAYERS, BY COUNTRY, 20202027 (USD MILLION) The ideal entry-level account for individual users. TABLE 115 REST OF EUROPE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Through this acquisition, the company would focus on developing drugs by using data, applying techniques, and identifying a variety of patient populations.Dec-2020: Syneos Health completed the acquisition of Illingworth Research Group, a provider of clinical research home health services. TABLE 59 US: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) The major reason for this preference is the presence of multiple standards and methods for analysing real-world clinical experience evidence. TABLE 9 REAL WORLD EVIDENCE SOLUTIONS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS Pharmaceutical companies are focusing on evidence to create a more holistic picture of a drug's value and demonstrate the newly developed drug's value outside of clinical trials. 2.1.2.2 Insights from primary experts 7.3.1.1 Clinical settings data set According to estimates, cancer, obesity, cardiovascular diseases, and diabetes, all of which are on the rise, are responsible for over half of all fatalities from chronic diseases. TABLE 172 IBM CORPORATION: BUSINESS OVERVIEW Access for both B2C and B2B travel booking engines. 5.2.1.1 Rise in the geriatric population and the subsequent increase in the prevalence of chronic diseases 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. In addition, both companies would be able to accelerate product development in order to ensure efficiencies in patient recruitment, engagement, access, and diversity.Sep-2021: IQVIA joined hands with HealthCore, a U.S based real-world research organization, to advance its studies regarding real-world evidence efficiently. Note 3: Companies are classified into tiers based on their total revenue. Randomized, observational, interventional, and real-world- Whats in a name? TABLE 84 GERMANY: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) According to Molex's latest survey: "Design Engineer Tell-All: Advancing Innovation in an Era of Disruption," evolving design processes, heightened customer expectations and persistent supply chain constraints are impacting global engineers in equal measure. 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 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 74 EUROPE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The global real world evidence solutions market is projected to grow at a Compound Annual Growth Rate (CAGR) of 15.2% from 2022 to 2027. 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. TABLE 49 RWE SOLUTIONS MARKET FOR OTHER END USERS, BY COUNTRY, 20202027 (USD MILLION), 10 RWE SOLUTIONS MARKET, BY REGION (Page No. 6.4 PORTERS FIVE FORCES ANALYSIS Real-World Evidence (RWE) is the clinicalevidence about the usage and potential benefits or risks of a medical product derived from analysis of RWD. Many medical professionals and pharmaceutical companies have used their resources to stop the COVID-19 pandemics spread and create efficient drugs and vaccinations. TABLE 166 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE REAL WORLD EVIDENCE SOLUTIONS MARKET 8.3.1 INCREASING RESEARCH IN MEDICAL DEVICE DEVELOPMENT TO DRIVE DEMAND *Details on Business Overview, Products, Recent Developments, MnM View might not be captured in case of unlisted companies. Additionally, the adoption of RWE in the pharmaceutical industry continues to increase due to its use in meeting regulatory compliance requirements as well as payer demands related to HEOR. Patient-generated data including in home-use settings, Data gathered from other sources that can inform on health status, such as mobile devices. 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. 5.2.4.1 Lack of universally accepted methodology standards and data processing infrastructure Thus, stakeholders are reluctant to utilise evidence lacking a standard data generation procedure. Here is the list of the top 10 industries using big data applications: Banking and Securities. The worldwide market size of BI & analytics software applications could reach $17.6 billion by 2024. on February 23, 2023 By Marcus Lu Retail Investors' Most Popular Stocks of 2023 (YTD) According to VandaTrack, retail investors are still a force to be reckoned with, adding an average of $1.5 billion each day into U.S. markets. The diabetes segment witnessed a significant revenue share in the real world evidence solutions market in 2021. TABLE 127 JAPAN: MACROECONOMIC INDICATORS 12.1.16 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION 11.8.2 STARTING BLOCKS Currently, you are using a shared account. 2.4 MARKET RANKING ANALYSIS TABLE 143 INDIA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) As a result, an opportunity for an end-to-end approach to leverage the data, evidence, and knowledge assets of a life sciences organisation has been created, which is helping to break down the conventional silos and is enabling insight-driven decision-making from the phase of product R&D to its commercialization. GWI projects that spa revenues will recover quickly to pre-pandemic levels and will reach $151 billion in 2025. 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. From other sources that can inform on HEALTH status, such as mobile devices and the shift volume-based...: companies are classified into tiers based on their total revenue quotes reflect trades reported Nasdaq. York Aetion operates as a real-world evidence and analysis platform to assist healthcare. 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