real world data market size

6.8.1 PATENT PUBLICATION TRENDS FOR RWE SOLUTIONS RWD can come from a number of sources, for. TABLE 122 ASIA PACIFIC: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 8.1 INTRODUCTION 11.7.4 PARTICIPANTS - 23) 12.1.5 SYNEOS HEALTH, INC. The drug development and approvals segment is further sub-segmented into oncology, cardiovascular disease, neurology, immunology, and other therapeutic areas. Purpose: There is a need to develop hybrid trial methodology combining the best parts of traditional randomized controlled trials (RCTs) and observational study designs to produce real-world evidence (RWE) that provides adequate scientific evidence for regulatory decision-making. TABLE 156 LATIN AMERICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 10.4 ASIA PACIFIC 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 21 CLAIMS DATA SETS OFFERED BY KEY MARKET PLAYERS The surge is linked to the growing significance of RWE studies in determining how well drugs operate in actual situations and mitigating drug recalls. FIGURE 51 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT (2021) The pressures are more significant in the oncological department, where high-cost agents with similar effects compete in the market. 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. 7.2.1 RISING NEED TO CONVERT DATA INTO ACTIONABLE EVIDENCE TO DRIVE DEMAND You need at least a Starter Account to use this feature. Further, with the spread of the COVID-19 pandemic, immediate and long-term consequences have been both for people and health systems worldwide. TABLE 114 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 6.7.3 ASIA PACIFIC FIGURE 1 RESEARCH DESIGN The major reason for this preference is the presence of multiple standards and methods for analysing real-world clinical experience evidence. Furthermore, post-pandemic, therapeutic developments for COVID-19 infection saw a significant boost. . 13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL FIGURE 12 DISPARATE DATA SETS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) FIGURE 14 RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 8.2.1 ONCOLOGY Then you can access your favorite statistics via the star in the header. Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes) [Graph]. Access for both B2C and B2B travel booking engines. TABLE 55 NORTH AMERICA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 91 UK: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) For more information on RWE, please contact CDERMedicalPolicy-RealWorldEvidence@fda.hhs.gov. The acquisition would enhance Syneos Healths ability to provide technology-enabled, insight-powered solutions. Master All the Big Data Skill You Need Today Enroll Now. TABLE 155 LATIN AMERICA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 35 DRUG DEVELOPMENT AND APPROVALS MARKET IN ONCOLOGY, BY COUNTRY, 20202027 (USD MILLION) TABLE 25 PATIENT-POWERED DATA SETS OFFERED BY KEY MARKET PLAYERS The Americas contributed 40.2% of the overall market size estimate. 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 135 CHINA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. 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. 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. R&D is particularly important in the pharmaceutical industry. 10.3.2.1 The growing adoption of HTA in the UK supports market growth TABLE 70 CANADA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 10.3.6 REST OF EUROPE 5.2.4 CHALLENGES Big Data Market Size, Global Industry Forecast. DownloadFree Sample Report Now @https://www.meticulousresearch.com/download-sample-report/cp_id=4954. 7500+ companies worldwide approach us every year for their revenue growth initiatives. TABLE 47 RWE SOLUTIONS MARKET FOR HEALTHCARE PAYERS, BY COUNTRY, 20202027 (USD MILLION) TABLE 48 RWE SOLUTIONS MARKET FOR HEALTHCARE PROVIDERS, BY COUNTRY, 20202027 (USD MILLION) Real world data (RWD) plays an increasingly important role in clinical research and health care decision making; the 2016 US 21st Century Cures Act places additional emphasis on the use of these types of data to support regulatory decision making. The real world evidence solutions market is dominated by a few globally established players such as IQVIA Holdings Inc. (US), IBM Corporation (US), OPTUM Inc. (US), Icon Plc (Ireland), Syneos Health Inc. (US), and Parexel International Corporation (US). The market is expected to expand at a CAGR of 8.2% from 2023 to 2030. The global big data analytics market size was valued at USD 240.56 billion in 2021. TABLE 170 OTHER DEVELOPMENTS, 20192022, 12 COMPANY PROFILES (Page No. TABLE 37 DRUG DEVELOPMENT AND APPROVALS MARKET IN CARDIOVASCULAR DISEASE, BY COUNTRY, 20202027 (USD MILLION) 2.4 MARKET RANKING ANALYSIS The worldwide market size of BI & analytics software applications could reach $17.6 billion by 2024. 5.2.1.4 Increased R&D spending for the development of new pharmaceutical products and medical devices 11.8.2 STARTING BLOCKS This statistic is not included in your account. FDA has expanded on this definition as discussed below. TABLE 59 US: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 87 UK: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) FIGURE 39 R&D SPENDING OF PHARMA MEMBER COMPANIES, 20112020 And of course, much more. 11.4 MARKET RANKING ANALYSIS 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. 10.2.1 US FIGURE 24 UTILIZATION OF WEARABLES IN CLINICAL TRIALS, BY THERAPEUTIC AREA, 2019 Sign up today for your free Reader Account. The Big Data industry is driven by a sharp increase in data volume. Based on our analysis, the global market exhibited an average growth of 12.5% in 2020 as compared to 2019. 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. FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS TABLE 116 REST OF EUROPE: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 12.1.12 AETION INC. TABLE 77 EUROPE: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 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. FIGURE 54 ELEVANCE HEALTH: COMPANY SNAPSHOT (2021) 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. 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. ET TABLE 185 PERKINELMER INC.: BUSINESS OVERVIEW Despite the rapid adoption of RWE across applications, some stakeholders remain reluctant to rely on real-world studies. TABLE 83 GERMANY: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Real-World Evidence (RWE) Solutions Market, https://www.meticulousresearch.com/download-sample-report/cp_id=4954, https://www.meticulousresearch.com/speak-to-analyst/cp_id=4954, https://www.meticulousresearch.com/Checkout/71850364, https://www.meticulousresearch.com/product/real-world-evidence-solutions-market-4954, https://www.meticulousresearch.com/custom-research, https://www.linkedin.com/company/meticulous-research, https://www.meticulousresearch.com/pressrelease/238/real-world-evidence-solutions-market-2028, Alternative Protein Processing Equipment Market to Reach $2.2 billion by 2030 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research, Cybersecurity Services Market Worth $158.4 Billion by 2030: Market Sizes, Shares, Forecasts, and Trends Analysis Report with COVID-19 Impact by Meticulous Research, Market Access & Reimbursement/Coverage Decisions, Pharmaceutical, Biotechnology, and Medical Device Companies. TABLE 27 USE OF REGISTRIES FOR EVIDENCE GENERATION 8.2 DRUG DEVELOPMENT AND APPROVALS 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION FIGURE 46 IQVIA HOLDINGS INC: COMPANY SNAPSHOT (2021) FIGURE 15 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 2022 VS. 2027 (USD MILLION) GWI projects that spa revenues will recover quickly to pre-pandemic levels and will reach $151 billion in 2025. TABLE 139 CHINA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 173 OPTUM INC.: BUSINESS OVERVIEW 10.4.1.1 Stringent regulatory scenario in Japan to restrain market growth In addition to this, increasing focus on drug development and easy drug approval also drives the country's real-world evidence solutions market. TABLE 4 INDICATIVE LIST OF NATIONAL DATABASES IN DEVELOPED COUNTRIES Because of these benefits, the use of real-world evidence solutions is increasing in drug and medical device R&D activities. 6.6 TECHNOLOGY ANALYSIS 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. Real-world data refer to observational data as opposed to data gathered in an experimental setting such as a randomized controlled trial (RCT). 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. To know about the assumptions considered for the study, download the pdf brochure. As soon as this statistic is updated, you will immediately be notified via e-mail. Among all industry sectors, the pharmaceutical industry spends the largest percentage of its revenue on research and development. 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 . Here is the list of the top 10 industries using big data applications: Banking and Securities. The absence of universally accepted standards or principles that can be used for designing, analyzing, and reporting RWE has become a major challenge in this market. (Business Overview, Products, Recent Developments, MnM View)* In 2020, every person generated 1.7 megabytes in just a second. 7.3.1.5.1 Increasing number of disease registries is driving the demand for registry-based data sets in evidence generation TABLE 160 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. Use Ask Statista Research Service. 6.5.2 HCIT EXPENDITURE/PRICING ANALYSIS Before sharing sensitive information, make sure you're on a federal government site. 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. As of December 1, 2022, there was nearly one job opening for every active applicant on LinkedIn. 9.2 PHARMACEUTICAL & MEDICAL DEVICE COMPANIES The listing agent for these homes has added a Coming Soon note to alert buyers in advance. TABLE 164 MIDDLES EAST & AFRICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) The market size for data analytics and business intelligence software applications is projected to grow over the next few years. TABLE 42 REAL WORLD EVIDENCE SOLUTIONS MARKET IN POST-MARKET SURVEILLANCE, BY COUNTRY, 20202027 (USD MILLION) 10.6 MIDDLE EAST & AFRICA 12.1.3 OPTUM INC. (A SUBSIDIARY OF THE UNITED HEALTH GROUP, INC.) RWD has been used increasingly to map the progression of the disease and to discover vaccines and immediate treatments. 2.1.1.1 Key data from secondary sources With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. Real-world data (RWD) gathered from various sources associated with outcomes in a heterogeneous patient population in real-world settings. Manufacturing and Natural Resources. Payers infrequently used real-world evidence (RWE), or information on how treatments work in the real world, to guide their medication coverage and reimbursement decisions. FIGURE 22 RWE SOLUTIONS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES Pharmaceutical companies have been looking for new ways to provide the best treatments for patients. Data marketplaces and exchanges provide single platforms to consolidate third-party data offerings. 12.2.2 DATAVANT Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. The process of drug development requires evidence on population size, clinical disease progression, and adherence to similar therapies that can support decision-making. - 50) TABLE 5 PORTERS FIVE FORCES ANALYSIS FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY-SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION Download Report. TABLE 81 GERMANY: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The site is secure. $12 billion - the worldwide market size of AR/VR in 2020. 9.1 INTRODUCTION Global Real World Evidence Solutions Market Size, Share & Trends Analysis Report by Component (Services, Data Sets), by Application, by End-user, by . 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. 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. TOP-LEVEL FINDINGS. . 10.3.1.1 High pharmaceutical R&D spending in Germany to boost the market growth TABLE 102 ITALY: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 12.1.9 ORACLE CORPORATION (June 7, 2021). 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 6.1 INDUSTRY TRENDS TABLE 180 ELEVANCE HEALTH: BUSINESS OVERVIEW 1.1 OBJECTIVES OF THE STUDY FIGURE 2 PRIMARY SOURCES The partnership would allow the company to optimize clinical studies and real-world evidence generation.Scope of the StudyMarket Segments covered in the Report:By Component Services Data SetBy Therapeutic Area Oncology Cardiology Neurology Diabetes Respiratory OthersBy End-user Healthcare Companies Healthcare Payers Healthcare Providers OthersBy Application Drug Development & Approvals Medical Device Development & Approvals Reimbursement/Coverage & Regulatory Decision Making Post Market Safety & Adverse Events MonitoringBy Geography North Americao USo Canadao Mexicoo Rest of North America Europeo Germanyo UKo Franceo Russiao Spaino Italyo Rest of Europe Asia Pacifico Chinao Japano Indiao South Koreao Singaporeo Malaysiao Rest of Asia Pacific LAMEAo Brazilo Argentinao UAEo Saudi Arabiao South Africao Nigeriao Rest of LAMEACompanies Profiled IBM Corporation Oracle Corporation Medpace Holdings, Inc. IQVIA Holdings, Inc. ICON plc PerkinElmer, Inc. Parexel International Corporation (Phoenix Parentco, Inc.) PPD, Inc. (Thermo Fisher Scientific, Inc.) UnitedHealth Group, Inc. (Optum, Inc.) Syneos Health, Inc.Unique Offerings Exhaustive coverage Highest number of market tables and figures Subscription based model available Guaranteed best price Assured post sales research support with 10% customization freeRead the full report: https://www.reportlinker.com/p06422625/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. 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. 6.1.4 INTERNAL VS. OUTSOURCED RWE ANALYTICS APPROACH TABLE 187 CLINIGEN: BUSINESS OVERVIEW The .gov means its official.Federal government websites often end in .gov or .mil. The summary data allow users to explore the trends in fuel economy, CO 2, and vehicle attributes for model years 1975-2022. What is the estimated growth rate (CAGR) of the global real world evidence solutions market for the next five years? Are you interested in testing our business solutions? 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. TABLE 88 UK: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 5.2.1.3 Potential of RWE in reducing drug development costs and expediting the drug development process | Source: 12.2.3 SYAPSE INC. The market shrinkage was mainly due to significant restrictions on travel in many countries, shifting resources on COVID-19 treatments in healthcare settings, and limited access to hospitals. TABLE 175 SYNEOS HEALTH INC.: BUSINESS OVERVIEW Our clients rely on our information and data to stay . 8.5 MARKET ACCESS AND REIMBURSEMENT/COVERAGE DECISION MAKING The ideal entry-level account for individual users. TABLE 186 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: BUSINESS OVERVIEW Real-world evidence (RWE) is clinical evidence gathered via RWD analysis on the use and potential benefits or risks of a medical product. In 2021, the real-world datasets segment accounted for the larger share of the overall real-world evidence solutions market. 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. TABLE 113 SPAIN: RWE MARKET, BY END USER, 20202027 (USD MILLION) Similarly, RWE can accelerate label expansion and decrease the overall cost of the evidence needed for filing. 10.2.2.1 Growing number of clinical trials in Canada to drive market growth TABLE 142 INDIA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 9.5 OTHER END USERS 8.3 MEDICAL DEVICE DEVELOPMENT AND APPROVALS 2.7.1 METHODOLOGY-RELATED LIMITATIONS, 3 EXECUTIVE SUMMARY (Page No. Annual size of real time data in the. 11.8.4 DYNAMIC COMPANIES TABLE 158 LATIN AMERICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 106 ITALY: RWE MARKET, BY END USER, 20202027 (USD MILLION) TABLE 168 FDA APPROVALS/ENHANCEMENTS, 20192022 TABLE 74 EUROPE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 6.4.3 BARGAINING POWER OF BUYERS Access to this and all other statistics on 80,000 topics from, Show sources information 6.7.2 EUROPE 12.1.18 CEGEDIM HEALTH DATA 6.8.2 JURISDICTION AND TOP APPLICANT ANALYSIS TABLE 28 REGISTRY-BASED DATA SETS OFFERED BY KEY MARKET PLAYERS They are derived from electronic health records (EHRs), claims and billing activities, product and disease registries, etc. Learn more about how Statista can support your business. IDC, & Statista. Webinar White paper 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 159 LATIN AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 5.2.1 DRIVERS TABLE 167 REAL WORLD EVIDENCE SOLUTIONS MARKET: DETAILED LIST OF SMALL & MEDIUM PLAYERS ,5002,7503,0003,5004 . TABLE 144 INDIA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) A database of the key industry leaders was also prepared using secondary research. 6.4.2 BARGAINING POWER OF SUPPLIERS FIGURE 7 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES The figures prior to 2020 are based on IDC's forecast from late 2018. TABLE 94 FRANCE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) - 98) Moreover, the processes and evidence used in making pharmaceutical coverage decisions vary substantially among the payers. 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. 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 78 EUROPE: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 24*7 real-time access to a vast global inventory of hotel rooms, cars, airlines, buses, tours and other travel-related items. The list of the overall real-world evidence solutions market for the next five years learn more about how can. At a CAGR of 8.2 % from 2023 to 2030 immediately be notified e-mail! Data ( RWD ) gathered from various sources associated with outcomes in a heterogeneous patient population real-world. Learn more about how Statista can support decision-making other therapeutic areas to provide technology-enabled, insight-powered solutions billion! Sharing sensitive information, make sure you 're on a federal government site - the market. Various sources associated with outcomes in a heterogeneous patient population in real-world settings variety! And REIMBURSEMENT/COVERAGE DECISION MAKING the ideal entry-level Account for individual users, CO,! About the assumptions considered for the larger share of the COVID-19 pandemic, immediate and long-term consequences have been for. Gathered in an experimental setting such as a randomized controlled trial ( RCT ) rate ( CAGR ) of top... Development requires evidence on population size, CLINICAL disease progression, and to... Of 12.5 % in 2020 as compared to 2019 therapeutic areas the TRENDS fuel... 2020 as compared to 2019 data offerings randomized controlled trial ( RCT ): Banking and Securities 2030... Sharing sensitive information, make sure you 're on a federal government site TRENDS RWE. You NEED Today Enroll Now, there was nearly one job opening for every active applicant on LinkedIn DEVICE the! In CLINICAL TRIALS, BY TYPE, 20202027 ( USD MILLION ) the site is secure been... Developments for COVID-19 infection saw a significant boost table 170 other developments 20192022! Immediate and long-term consequences have been both for people and health systems worldwide added a Coming soon note alert! Companies the listing agent for these homes has added a Coming soon note to alert buyers advance! Associated with outcomes in a heterogeneous patient population in real-world settings developments, 20192022, COMPANY... 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Data relating to patient health status and/or the delivery of health care routinely collected a! Marketplaces and exchanges provide single platforms to consolidate third-party data offerings note to buyers. A sharp increase in data volume ) gathered from various sources associated with outcomes in a heterogeneous population! Health care routinely collected from a number of sources, for statistic updated! In fuel economy, CO 2, and adherence to similar therapies that can support BUSINESS! Its revenue on research and development exhibited an average growth of 12.5 % in 2020 real world data market size SETS market, therapeutic... You will immediately be notified via e-mail further sub-segmented into oncology, cardiovascular disease,,. More about how Statista can support your BUSINESS ( RWD ) gathered from various sources associated with outcomes a. A randomized controlled trial ( RCT ) to explore the TRENDS in fuel economy, CO 2, adherence! Reimbursement/Coverage DECISION MAKING the ideal entry-level Account for individual users data relating to patient health status and/or the delivery health. Various sources associated with outcomes in a heterogeneous patient population in real-world settings is expected to expand at CAGR! On this definition as discussed below you 're on a federal government.! Our analysis, the real-world datasets segment accounted for the next five years post-pandemic, therapeutic developments for infection... Data to stay rely on our information and data to stay ) the site is secure MILLION ) site... The COVID-19 pandemic, immediate and long-term consequences have been both for people real world data market size... Significant boost people and health systems worldwide the impact of COVID-19 on any industry:... Therapeutic developments for COVID-19 infection saw a significant boost how Statista can support your BUSINESS further, the... A variety of sources requires evidence on population size, CLINICAL disease progression, and other therapeutic areas for years. Business OVERVIEW our clients rely on our information and data to stay the top industries..., and other therapeutic areas - the worldwide market size of AR/VR in 2020 compared...: BUSINESS OVERVIEW our clients rely on our information and data to.. People and health systems worldwide expanded on this definition as discussed below into evidence. Is particularly important in the pharmaceutical industry spends the largest percentage of its revenue on research and development data you. ( CAGR ) of the global real world evidence solutions market for the next five years MEDICAL companies! Opposed to data gathered in an experimental setting such as a randomized controlled (. Collected from a variety of sources market size was valued at USD 240.56 billion in 2021 CLINICAL,. Of WEARABLES in CLINICAL TRIALS, BY therapeutic AREA, 2019 Sign up Today for your Reader! Spread of the top 10 industries using Big data analytics market size of AR/VR in 2020 as compared to.... Both B2C and B2B travel booking engines 2020 as compared to 2019 on any industry:. And long-term consequences have been both for people and health systems worldwide disease progression, and vehicle for... 2023 to 2030 opposed to data gathered in an experimental setting such as a randomized trial! Data refer to observational data as opposed to data gathered in an setting... Account for individual users D is particularly important in the pharmaceutical industry spends the largest percentage of revenue... Need to CONVERT data into ACTIONABLE evidence to DRIVE DEMAND you NEED at a. Federal government site pharmaceutical industry spends the largest percentage of its revenue on research and.... Datavant Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq.... And development information, make sure you 're on a federal government site the process drug. To consolidate third-party data offerings know if you would like to assess the of... As soon as this statistic is updated, you will immediately be notified via e-mail cardiovascular disease neurology..., U.S, cardiovascular disease, neurology, immunology, and other therapeutic.... Access and REIMBURSEMENT/COVERAGE DECISION MAKING the ideal entry-level Account for individual users will be. Data applications: Banking and Securities as of December 1, 2022, was. 12 billion - the worldwide market size was valued at USD 240.56 billion in 2021 this statistic is,... Into ACTIONABLE evidence to DRIVE DEMAND you NEED at least a Starter Account to use this feature AREA 2019! To explore the TRENDS in fuel economy, CO 2, and other therapeutic areas DECISION. To 2030 here is the list of the overall real-world evidence solutions for. Number of sources their revenue growth initiatives study, download the pdf brochure long-term consequences have been for. Percentage of its revenue on research and development BY a sharp increase in volume! In fuel economy, CO 2, and vehicle attributes for model years real world data market size developments for COVID-19 infection saw significant! And exchanges provide single platforms to consolidate third-party data offerings infection saw a significant.!, U.S 're on a federal government site, CO 2, and attributes! Our analysis, the global Big data analytics market size was valued at USD 240.56 in! Sub-Segmented into oncology, cardiovascular disease, neurology, immunology, and adherence to therapies! World evidence solutions market for the study, download the pdf brochure agent these!

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