TABLE 74 EUROPE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 11.9.1 FDA APPROVALS/SERVICE ENHANCEMENTS Thus, aiding in the dismantling of traditional silos and enabling insight-driven decision-making from the product R&D stage to its commercialization. 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. TABLE 138 CHINA: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) FIGURE 57 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: COMPANY SNAPSHOT (2021) TABLE 176 PAREXEL INTERNATIONAL CORPORATION: BUSINESS OVERVIEW 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 . 8.4 POST-MARKET SURVEILLANCE 11.6.2 PRODUCT FOOTPRINT OF COMPANIES FDA has expanded on this definition as discussed below. 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. 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 95 FRANCE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Note 2: Other primaries include sales managers, marketing managers, and product managers. Similarly, new solution launches & enhancements were the second most preferred strategy after partnerships, collaborations, and agreements in the market. Based on our analysis, the global market exhibited an average growth of 12.5% in 2020 as compared to 2019. 8.2.2.1 High prevalence of CVD to drive growth 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 real estate market includes buying and selling of residential, commercial, and industrial properties such as flats, bungalows, offices and villas. 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. 2.1 RESEARCH DATA 1.5 STAKEHOLDERS The global real world evidence solutions market size is expected to reach USD 78.80 billion by 2030. 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. Show publisher information 5.2.4.1 Lack of universally accepted methodology standards and data processing infrastructure 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. Hence, a successful phase transition is dependent on strong real-world outcomes. FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS Communications, Media and Entertainment. TABLE 121 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 5.2.3 OPPORTUNITIES 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. In order to prove value, companies need strong evidence of lifecycle management capabilities. The global data monetization market size was valued at USD 1.30 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 24.1% from 2020 to 2027. 10.2.2.1 Growing number of clinical trials in Canada to drive market growth 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. RWD can come from a number of sources, for. 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 187 CLINIGEN: BUSINESS OVERVIEW Then you can access your favorite statistics via the star in the header. This statistic is not included in your account. 11.8.1 PROGRESSIVE COMPANIES TABLE 181 SAS INSTITUTE: BUSINESS OVERVIEW Are you interested in testing our business solutions? TABLE 150 REST OF ASIA PACIFIC: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Science and Research Special Topics, Recalls, Market Withdrawals and Safety Alerts, Considerations for the Design and Conduct of Externally Controlled Trials for Drug and Biological Products, Submitting Documents Using Real-World Data and Real-World Evidence to FDA for Drug and Biological Products, Framework for FDAs Real-World Evidence Program, Assessing Electronic Health Records and Medical Claims Data To Support Regulatory Decision-Making for Drug and Biological Products, Assessing Registries to Support Regulatory Decision-Making for Drug and Biological Products, Considerations for the Use of Real-World Data and Real-World Evidence To Support Regulatory Decision-Making for Drug and Biological Products, Data Standards for Drug and Biological Product Submissions Containing Real-World Data, Submitting Documents Utilizing Real-World Data and Real-World Evidence to FDA for Drugs and Biologics, Use of Electronic Health Records in Clinical Investigations, Use of Real-World Evidence to Support Regulatory Decision-Making for Medical Devices. TABLE 126 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 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. 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. 5.2.1.3 Potential of RWE in reducing drug development costs and expediting the drug development process ReportLinker, New York, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Real World Evidence Solutions Market Size, Share & Industry Trends Analysis Report By Component, By Therapeutic Area, By End-user, By Application, By Regional Outlook and Forecast, 2022 - 2028" - https://www.reportlinker.com/p06422625/?utm_source=GNW Different analyses or study designs, such as randomized trials, including pragmatic trials, large simple trials, and prospective or retrospective observational studies, among others, might produce RWE. TABLE 87 UK: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) Domain News - Provides the latest real estate and property market news in Australia. 10.4.1.1 Stringent regulatory scenario in Japan to restrain market growth (IDC, 2020) $1.9 billion will be spent in the distribution and services segment. 10.2 NORTH AMERICA Market Overview: The global real-world evidence solutions market size reached US$ 1.6 Billion in 2022. TABLE 120 ASIA PACIFIC: RWE MARKET, BY COUNTRY, 20202027 (USD MILLION) 8.4.1 EMR AND PRODUCT/PATIENT REGISTRIES HAVE BECOME KEY DATA SOURCES FOR GENERATING EVIDENCE IN POST-MARKET SURVEILLANCE 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 According to the Center for Drug Evaluation and Research (CDER), on average, 37 novel drugs per year were approved (including novel drugs, biosimilar, new formulations, and new dosage forms) between 2010 and 2019. TABLE 50 RWE SOLUTIONS MARKET, BY REGION, 20202027 (USD MILLION) This is a record-breaking level of inflows, which raises the question: what are investors buying? RWE will be increasingly used to fast track drug approvals In 2016, the 21st Century Cures Act was signed into law. TABLE 125 ASIA PACIFIC: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 92 UK: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 12.1.14 TRINITY LIFE SCIENCES 1.2 MARKET DEFINITION 10.3.1.1 High pharmaceutical R&D spending in Germany to boost the market growth The study categorizes the global real world evidence solutions market based on component, application, end user at regional/country and global level. 6.7.2 EUROPE 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. 12.1.20 MEDPACE HOLDINGS INC. Speak to our Analysts to Understand the Impact of COVID-19 on Your Business:https://www.meticulousresearch.com/speak-to-analyst/cp_id=4954. TABLE 136 CHINA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 60 US: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) As a Premium user you get access to the detailed source references and background information about this statistic. 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. [Online]. Education. Pharmaceutical companies require data describing both the approved and medically accepted alternative uses of previously approved drugs. TABLE 8 LIST OF PATENTS IN THE RWE SOLUTIONS MARKET, 20192022 7.3.1.2.1 Growing need to understand the economic benefits of drug reimbursement by payers to drive growth 4.2 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER AND COUNTRY (2021) 11.8.2 STARTING BLOCKS 7.2.1 RISING NEED TO CONVERT DATA INTO ACTIONABLE EVIDENCE TO DRIVE DEMAND 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. The U.S. labor market still shows signs of resilience despite layoffs and slowdown in hiring. FIGURE 41 ASIA PACIFIC: REAL WORLD EVIDENCE SOLUTIONS MARKET SNAPSHOT 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. 6.4.2 BARGAINING POWER OF SUPPLIERS TABLE 14 RWE SERVICES MARKET, BY COUNTRY, 20202027 (USD MILLION) 8.2.3.1 Growing prevalence of neurological disorders to drive growth 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. 10.5 LATIN AMERICA Businesses require robust evidence lifecycle management skills to demonstrate value. TABLE 26 RWE PATIENT-POWERED DISPARATE DATA MARKET, BY COUNTRY, 20202027 (USD MILLION) 1.1 OBJECTIVES OF THE STUDY You need a Statista Account for unlimited access. 11.7 COMPANY EVALUATION QUADRANT A five-year forecast of the market and noted trends. 11.9.3 OTHER DEVELOPMENTS An assessment of the competitive landscape and market shares for major companies. 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. 2.1.1.1 Key data from secondary sources TABLE 124 ASIA PACIFIC: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 53 NORTH AMERICA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 122 ASIA PACIFIC: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 2.2 MARKET SIZE ESTIMATION: REAL WORLD EVIDENCE SOLUTIONS MARKET 9.3 HEALTHCARE PAYERS 12.2.5 FLATIRON HEALTH, 13 APPENDIX (Page No. June 7, 2021. Real-World Evidence (RWE) Solutions Market by Component [Datasets (Clinical, Claims, Pharmacy, Integrated), Services], Application (Market Access, Oncology, Neurology, Post Market. 5.2.1.1 Rise in the geriatric population and the subsequent increase in the prevalence of chronic diseases 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. Real-world evidence (RWE) solutions vendors may have more opportunities to increase their investments during the medication development cycle due to the growing demand for comprehensive evidence services all throughout the product lifetime.Application OutlookBased on Application, the Real World Evidence Solutions Market is segmented into Drug Development & Approvals, Medical Device Development & Approvals, Reimbursement/Coverage & Regulatory Decision Making, and Post Market Safety & Adverse Events Monitoring. 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. 8.2.5 OTHER THERAPEUTIC AREAS TABLE 130 JAPAN: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS The name of our company defines our services, strengths, and values. The drug development and approvals segment is further sub-segmented into oncology, cardiovascular disease, neurology, immunology, and other therapeutic areas. 7.3.1 DISPARATE DATA SETS TABLE 141 INDIA: MACROECONOMIC INDICATORS As of December 1, 2022, there was nearly one job opening for every active applicant on LinkedIn. 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. 6.8 PATENT ANALYSIS - 23) Get full access to all features within our Business Solutions. 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). - 113) 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. 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. TABLE 47 RWE SOLUTIONS MARKET FOR HEALTHCARE PAYERS, BY COUNTRY, 20202027 (USD MILLION) Thus, it is discovered that the usage of real-world evidence (RWE) findings is growing. 6.1.3 RISE IN THE USE OF RWD AND RWE ACROSS THE PHARMACEUTICAL INDUSTRY FIGURE 50 SYNEOS HEALTH INC.: COMPANY SNAPSHOT (2021) Pune, Feb. 20, 2023 (GLOBE NEWSWIRE) -- Real-world evidence is clinical evidence produced from information about the usage and possible advantages and disadvantages of a medical product (RWE).. - 98) 7.3.1.1 Clinical settings data set Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. 10.3.2 UK TABLE 114 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 6.5.2.2 Europe 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. 6.1.2 SOCIAL MEDIA-SOURCED RWE 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. 6.5.1 AVERAGE SELLING PRICE TABLE 73 EUROPE: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) The global big data analytics market size was valued at USD 240.56 billion in 2021. 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