FIGURE 2 PRIMARY SOURCES TABLE 109 SPAIN: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FIGURE 14 RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) TABLE 7 JAPAN: HEALTHCARE IT INITIATIVES AND FUNDING 5.2.4 CHALLENGES Through this acquisition, the company aimed at adding new capabilities to its decentralized clinical trial solutions. 10.3.5 SPAIN This research study involved the extensive use of both primary and secondary sources. In July 2022, TriNetX LLC announced the collaboration with Pediatric Medical Centers (US), to help Pediatric Medical Centers including Childrens National Hospital (US), WVU Medicine Childrens (US), and John Hopkins All Children Hospitals (US), to improvise the investor-initiated research utilizing the pediatric real-world data. 6.1.3 RISE IN THE USE OF RWD AND RWE ACROSS THE PHARMACEUTICAL INDUSTRY 8.2.2 CARDIOVASCULAR DISEASE 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 19 CLINICAL SETTINGS DATA SETS OFFERED BY KEY MARKET PLAYERS Are you interested in testing our business solutions? TABLE 20 CLINICAL SETTINGS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) FIGURE 35 TOTAL E-PRESCRIPTIONS AND CONTROLLED SUBSTANCE PRESCRIPTIONS IN THE US (2018-2021) TABLE 178 LABCORP HOLDINGS: BUSINESS OVERVIEW 11.2 STRATEGIES ADOPTED BY KEY PLAYERS /RIGHT TO WIN 2.7.1 METHODOLOGY-RELATED LIMITATIONS, 3 EXECUTIVE SUMMARY (Page No. The global real world evidence solutions market size was valued at USD 42.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2030. A breakdown of the primary respondents is provided below: Note 1: C-level primaries include CEOs, COOs, CTOs, and VPs. When typing in this field, a list of search results will appear and be automatically updated as you type. 2.1.2.2 Insights from primary experts However, rise in data connectivity . FIGURE 31 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR RWE SOLUTIONS, 20162021 Use Ask Statista Research Service. TABLE 183 TRINETX LLC: BUSINESS OVERVIEW 11.7 COMPANY EVALUATION QUADRANT 12.1.1 IQVIA HOLDINGS INC. 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. RWE offers solutions to these issues as well as the ability to examine the effects of medications over a longer time frame. 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) . What are the benefits of the emerging trends in the global RWE Solutions Market? 6.4.5 INTENSITY OF COMPETITIVE RIVALRY The U.S. labor market still shows signs of resilience despite layoffs and slowdown in hiring. FIGURE 49 ICON PLC. TABLE 38 DRUG DEVELOPMENT AND APPROVALS MARKET IN NEUROLOGY, BY COUNTRY, 20202027 (USD MILLION) U.S. 8.2.4.1 Increasing focus on developing innovative products to drive growth New solution launches & enhancements enabled companies to broaden their product portfolios, advance the capabilities of existing products and services, and cater to the changing demands of users to ensure a competitive edge in the market. TABLE 74 EUROPE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 6.1.4 INTERNAL VS. OUTSOURCED RWE ANALYTICS APPROACH FIGURE 41 ASIA PACIFIC: REAL WORLD EVIDENCE SOLUTIONS MARKET SNAPSHOT 8.2.4 IMMUNOLOGY Most pharmaceutical, biopharmaceutical, and medical device companies continue to invest heavily in the development of novel drugs and devices. With rising challenges, healthcare payers are increasingly focused on evidence of clinical value for making market access & reimbursement/coverage decisions. In addition to this, increasing focus on drug development and easy drug approval also drives the country's 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. FIGURE 52 LABCORP HOLDINGS: COMPANY SNAPSHOT (2021) TABLE 182 AETION INC.: BUSINESS OVERVIEW North America held the largest share of the real world evidence solutions market, while Asia Pacific is expected to be the fastest-growing region over the forecast period. 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. 11.9.3 OTHER DEVELOPMENTS TABLE 28 REGISTRY-BASED DATA SETS OFFERED BY KEY MARKET PLAYERS 2.1.2 PRIMARY DATA TABLE 26 RWE PATIENT-POWERED DISPARATE DATA MARKET, BY COUNTRY, 20202027 (USD MILLION) FIGURE 10 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 2022 VS. 2027 (USD MILLION) Sep 8, 2022 The total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching 64.2 zettabytes in 2020. 8.3 MEDICAL DEVICE DEVELOPMENT AND APPROVALS The following customization options are available for the report: Which are the different countries covered across the regions of the Global RWE Solutions Market? 5.2.1.1 Rise in the geriatric population and the subsequent increase in the prevalence of chronic diseases Please create an employee account to be able to mark statistics as favorites. REDDING, Calif., March 10, 2022 /PRNewswire/ -- According to a new market research report titled "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) - Global Forecast to 2028", published by Meticulous Research, the Real-World Evidence (RWE) solutions market is expected to grow at a CAGR of 11.8% from 2021 to 2028 to reach $4.4 billion by 2028. 7.3 DATA SETS TABLE 11 KEY BUYING CRITERIA FOR TOP 3 END USERS, 7 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT (Page No. Smart Buildings Market Size in 2022 with Top Countries Data, SWOT Analysis, Share, Top Manufactures, Growth Insights and Forecasts to 2027 | Honeywell, Siemens, Schneider Electric, Johnson Controls In 2021, the real-world datasets segment accounted for the larger share of the overall real-world evidence solutions market. TABLE 111 SPAIN: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) Accessed March 02, 2023. https://www.statista.com/statistics/871513/worldwide-data-created/, IDC, and Statista. 10.6 MIDDLE EAST & AFRICA With this partnership, the company aimed at expanding Parexels network of real-world data (RWD) sources to deliver drug development solutions for customers. Master All the Big Data Skill You Need Today Enroll Now. 11.6 COMPANY FOOTPRINT The healthcare companies segment witnessed the maximum revenue share in the real world evidence solutions market in 2021. TABLE 140 CHINA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) As real world data frequently needs to combine data from multiple technology architectures including data from healthcare sources, patient reported outcomes, electronic data capture (EDC) or a mobile health technology, a highly specialized infrastructure is needed. 1.3 CURRENCY TABLE 99 FRANCE: RWE MARKET, BY END USER, 20202027 (USD MILLION) Moreover, the processes and evidence used in making pharmaceutical coverage decisions vary substantially among the payers. TABLE 146 INDIA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) Real-world data (RWD) gathered from various sources associated with outcomes in a heterogeneous patient population in real-world settings. 11.6.3 REGIONAL FOOTPRINT OF COMPANIES 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. It also determines the outcomes based on much larger data samples, reduces costs, and improves the efficiency of clinical trials. Thus, it is discovered that the usage of real-world evidence (RWE) findings is growing. Pharmaceutical companies have been looking for new ways to provide the best treatments for patients. Click Manage settings for more information and to manage your choices. 1.2.3 YEARS CONSIDERED FOR THE STUDY "Volume of Data/Information Created, Captured, Copied, and Consumed Worldwide from 2010 to 2020, with Forecasts from 2021 to 2025 (in Zettabytes). Real-world evidence (RWE) is the clinical evidence about the usage and potential benefits or risks of a medical product derived from analysis of RWD. FIGURE 37 FDA PHASE TRANSITION SUCCESS RATES, 20112020 TABLE 170 OTHER DEVELOPMENTS, 20192022, 12 COMPANY PROFILES (Page No. FIGURE 45 START-UP/SME EVALUATION QUADRANT (2021) 6.1.1 EMERGING ROLE OF WEARABLE DEVICES 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. 12.1.17 CLINIGEN As a Premium user you get access to background information and details about the release of this statistic. 6.4 PORTERS FIVE FORCES ANALYSIS FIGURE 24 UTILIZATION OF WEARABLES IN CLINICAL TRIALS, BY THERAPEUTIC AREA, 2019 4.2 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER AND COUNTRY (2021) However, after initial shrinkage, real-world evidence (RWE) is set to become the most influential emerging technology to fight against the COVID-19 outbreak. TOP 10 COMPANIES IN REAL-WORLD DATA (RWD) MARKET 0 By Meticulous Research on December 12, 2022 Healthcare, Pharmaceutical According to this latest publication from Meticulous Research, the real-world data (RWD) market is expected to register a CAGR of 7.4% from 2022 to 2029 to reach $1.66 billion by 2029. FIGURE 15 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 2022 VS. 2027 (USD MILLION) The economic and investment reach of those assets are felt by millions of Americans all across the country. Data monetization is the sharing of data between companies. 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. Methods: This review explores how hybrid study designs that include features of RCTs and studies with real-world . Location: New York, New York Aetion operates as a real-world evidence and analysis platform to assist the healthcare industry. In, IDC, und Statista. Through this acquisition, the company aimed at helping businesses create resilient and sustainable operations and supply chains.Oct-2019: Parexel entered into a strategic partnership with HealthVerity, Inc., the service provider for rapid creation, exchange, and management of healthcare and consumer data. FIGURE 53 ORACLE CORPORATION: COMPANY SNAPSHOT (2021) What are the features and benefits of GDS? The real estate market includes buying and selling of residential, commercial, and industrial properties such as flats, bungalows, offices and villas. 6.4.1 THREAT OF NEW ENTRANTS TABLE 45 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 6.7.3 ASIA PACIFIC In order to prove value, companies need strong evidence of lifecycle management capabilities. The worldwide market size of BI & analytics software applications could reach $17.6 billion by 2024. 9.3 HEALTHCARE PAYERS RWD can come from a number of sources, for. 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. 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. $6.36 billion will be spent in the consumer segment. 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. 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. FIGURE 28 ECOSYSTEM COVERAGE: RWE SOLUTIONS MARKET Webinar White paper 1.2 MARKET DEFINITION The summary data allow users to explore the trends in fuel economy, CO 2, and vehicle attributes for model years 1975-2022. Intraday data delayed at least . 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. 11.3 REVENUE SHARE ANALYSIS OF KEY PLAYERS TABLE 13 RWE SERVICES OFFERED BY KEY MARKET PLAYERS 5.2.3.1 Growth opportunities in emerging markets 10.1 INTRODUCTION 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. TABLE 127 JAPAN: MACROECONOMIC INDICATORS The market size for data analytics and business intelligence software applications is projected to grow over the next few years. Not only is the platform used by regulators like the FDA, but payers . TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS TABLE 82 GERMANY: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 174 ICON PLC. The site is secure. TABLE 83 GERMANY: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) Similarly, RWE can accelerate label expansion and decrease the overall cost of the evidence needed for filing. What is the estimated growth rate (CAGR) of the global real world evidence solutions market for the next five years? 1.4 LIMITATIONS 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 . The real-world data (RWD) market is expected to grow at a CAGR of 7.4% from 2022 to 2029 to reach $1.66 billion by 2029. 11.9 COMPETITIVE SCENARIO TABLE 164 MIDDLES EAST & AFRICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) The name of our company defines our services, strengths, and values. To speak to our analyst for a discussion on the above findings, click Speak to Analyst, 1 INTRODUCTION (Page No. - 50) TABLE 184 TRINITY LIFE SCIENCES: BUSINESS OVERVIEW TABLE 114 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. ) of the global RWE solutions market the benefits of GDS real world data market size billion by.. 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