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. TABLE 36 LIST OF PIPELINE DRUGS FOR CARDIOVASCULAR DISEASE (BY FEBRUARY 2022) 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. Webinar White paper 6.7.2 EUROPE 13.4 RELATED REPORTS For instance, in May 2020, PAREXEL International Corporation (U.S.) launched the #KeepingPatientsFirst integrated real-world evidence (RWE) research platform focused on aggregating, analyzing, and predicting real-world COVID-19-related disease progression and outcomes using state-of-the-art machine learning, artificial intelligence, and analytics. FIGURE 22 RWE SOLUTIONS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES TABLE 106 ITALY: RWE MARKET, BY END USER, 20202027 (USD MILLION) 7.3.1.3 Pharmacy data set Download Report. 1.2.3 YEARS CONSIDERED FOR THE STUDY TABLE 33 REAL WORLD EVIDENCE SOLUTIONS MARKET IN DRUG DEVELOPMENT AND APPROVALS, BY TYPE 20202027 (USD MILLION) 8.3.1 INCREASING RESEARCH IN MEDICAL DEVICE DEVELOPMENT TO DRIVE DEMAND Real-world data (RWD) gathered from various sources associated with outcomes in a heterogeneous patient population in real-world settings. Mr.Khushal BombeMeticulous Market Research Inc.1267WillisSt,Ste200 Redding,California,96001, U.S.USA: +1-646-781-8004Europe : +44-203-868-8738APAC: +91 744-7780008Email-[emailprotected]Visit Our Website:https://www.meticulousresearch.com/Connect with us on LinkedIn-https://www.linkedin.com/company/meticulous-researchMeticulousBolg:Content Source: https://www.meticulousresearch.com/pressrelease/238/real-world-evidence-solutions-market-2028, SOURCE Meticulous Market Research Pvt. 10.3.2.1 The growing adoption of HTA in the UK supports market growth FIGURE 35 TOTAL E-PRESCRIPTIONS AND CONTROLLED SUBSTANCE PRESCRIPTIONS IN THE US (2018-2021) 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. 6.5.2.2 Europe Pharmaceutical corporations spend billions on research & development with a minimal chance of success before bringing a new medication molecule to market.Pharma research facilities need a strong understanding of treatment choices that are effective across a large population as opposed to small patient groups in clinical trials if they are to shorten drug development cycles. TABLE 154 LATIN AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 10.3.4 ITALY 11.9.1 FDA APPROVALS/SERVICE ENHANCEMENTS The largest market share of 48.6% was held by on-premises delivery mode in 2022. After arriving at the market size, the total market was divided into several segments and subsegments. 10.3.6 REST OF EUROPE TABLE 166 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE REAL WORLD EVIDENCE SOLUTIONS MARKET 6.9 KEY CONFERENCES AND EVENTS (2022-2023) 12.1.2 IBM CORPORATION (IBM) FIGURE 16 REAL WORLD EVIDENCE SOLUTIONS MARKET: GEOGRAPHIC SNAPSHOT, 4 PREMIUM INSIGHTS (Page No. 10.4.1.1 Stringent regulatory scenario in Japan to restrain market growth Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. TABLE 182 AETION INC.: BUSINESS OVERVIEW This growth in R&D expenditure, fueled by the need for numerous preclinical and clinical services during the drug development process, is expected to drive the growth of the real world evidence solutions market. 1.1 OBJECTIVES OF THE STUDY Further understanding of the efficacy and safety of medications for diabetes and certain other diseases for which diabetes can be an underlying causative factor is necessary. : BUSINESS OVERVIEW 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. 2.7 LIMITATIONS 12.1.11 SAS INSTITUTE 6.4 PORTERS FIVE FORCES ANALYSIS 10.3.3.1 High number of oncology clinical trials in France to drive market growth 9.3 HEALTHCARE PAYERS In September 2021, U.S. FDA released a guidance document for accessing EHR and medical claims data using real-world data to support regulatory decision-making for drug and biological products would promote the adoption of RWE even further. Then you can access your favorite statistics via the star in the header. The market is expected to expand at a CAGR of 8.2% from 2023 to 2030. Congress defined RWE as data regarding the usage, or the potential benefits or risks, of a drug derived from sources other than traditional clinical trials. 9.4.1 RISE IN THE NEED TO IMPROVE THE PROFITABILITY OF HEALTHCARE PROVIDERS TO BOOST USE The global market of real world evidence solutions is projected to reach USD 2.9 billion. Hence, the rising emphasis on using comprehensive RWE data is propelling the markets growth.Market Restraining FactorsMedical professionals and researchers reluctance to depend on real-world studiesNon-randomized observational studies have historically not been seen as appropriate for evaluating novel medical interventions or treatments due to methodological and research design concerns, such as the possibility of confounding and bias. In addition, with the development of sophisticated, new analytical capabilities, we are better able to analyze these data and apply the results of our analyses to medical product development and approval. 1.2.1 INCLUSIONS AND EXCLUSIONS Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. FIGURE 1 RESEARCH DESIGN However, rise in data connectivity . 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. 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. FIGURE 48 OPTUM INC.: COMPANY SNAPSHOT (2021) 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. TABLE 83 GERMANY: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 118 REST OF EUROPE: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS 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. TABLE 39 DRUG DEVELOPMENT AND APPROVALS MARKET IN IMMUNOLOGY, BY COUNTRY, 20202027 (USD MILLION) FDA uses RWD and RWE to monitor postmarket safety and adverse events and to make regulatory decisions. TABLE 186 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: BUSINESS OVERVIEW TABLE 19 CLINICAL SETTINGS DATA SETS OFFERED BY KEY MARKET PLAYERS FIGURE 19 CHINA TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD TABLE 97 FRANCE: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) Poor data quality costs the US economy up to $3.1 trillion yearly. 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. 2.2 MARKET SIZE ESTIMATION: REAL WORLD EVIDENCE SOLUTIONS MARKET 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 third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2019. Pharmaceutical businesses, as well as health insurance payers, research RWE in order to comprehend patient pathways, provide appropriate care for the right people, and reduce their financial risk by funding patient-effective drugs.The World Ageing Population report estimates that 703 million individuals worldwide were 65 years of age or older in 2019, and that figure is projected to rise to 1.5 billion by 2050. 7.1 INTRODUCTION TABLE 110 SPAIN: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Manufacturing and Natural Resources. TABLE 5 PORTERS FIVE FORCES ANALYSIS Pharmaceutical companies have been looking for new ways to provide the best treatments for patients. TABLE 131 JAPAN: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 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. 10.3.2 UK 11.5 COMPETITIVE BENCHMARKING Hence, a successful phase transition is dependent on strong real-world outcomes. TABLE 49 RWE SOLUTIONS MARKET FOR OTHER END USERS, BY COUNTRY, 20202027 (USD MILLION), 10 RWE SOLUTIONS MARKET, BY REGION (Page No. 6.7.3 ASIA PACIFIC TABLE 161 MIDDLES EAST & AFRICA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Real-world data refer to observational data as opposed to data gathered in an experimental setting such as a randomized controlled trial (RCT). With this partnership, the company aimed at expanding Parexels network of real-world data (RWD) sources to deliver drug development solutions for customers. You can change your choices at any time by visiting your privacy controls. TABLE 80 GERMANY: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 10.4.3 INDIA Thus, aiding in the dismantling of traditional silos and enabling insight-driven decision-making from the product R&D stage to its commercialization. 7.3.1.4 Patient-powered data set FIGURE 41 ASIA PACIFIC: REAL WORLD EVIDENCE SOLUTIONS MARKET SNAPSHOT R&D is very important in the pharmaceutical business in particular. Over the next five years up to 2025,. 7.3.2 INTEGRATED DATA SETS 7.3.1.2 Claims data set 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. 11.6.3 REGIONAL FOOTPRINT OF COMPANIES - 198) 7500+ companies worldwide approach us every year for their revenue growth initiatives. Insurance. In August 2022, Trinity Life Sciences (US), announced a partnership with Bain & Company (US). TABLE 11 KEY BUYING CRITERIA FOR TOP 3 END USERS, 7 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT (Page No. to incorporate the statistic into your presentation at any time. The Asia Pacific segment procured a considerable growth rate in the real world evidence solutions market in 2021. 5.1 INTRODUCTION The global Big Data market size is expected to reach from USD 157.9 billion in 2020 to USD 268.4 billion by 2026, at a CAGR of about 12% over the forecast period. Real World Evidence Solutions Market Size And Forecast Real World Evidence Solutions Market size was valued at USD 870.79 Million in 2020 and is projected to reach USD 2463.14 Million by 2028, growing at a CAGR of 13.92% from 2021 to 2028. Further, with the spread of the COVID-19 pandemic, immediate and long-term consequences have been both for people and health systems worldwide. TABLE 89 UK: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Willie is currently a sophomore at the University of Pittsburgh College of Business Administration double majoring in Finance and Business Information Systems and minoring in Economics. 12.1.3 OPTUM INC. (A SUBSIDIARY OF THE UNITED HEALTH GROUP, INC.) RWE helps and provides a means for demonstrating value, ranging from confirming randomized trial benefits in real-world populations to a fuller characterization of resource impacts. Real-world evidence solutions can provide valuable insights to understand better, monitor, and prepare for the challenges caused by the COVID-19 pandemic. 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. TABLE 114 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) What are the major revenue pockets in the real world evidence solutions market currently? 7.2 SERVICES This paper examines selected macroeconomics variables' impact on foreign direct investment inflows in Malaysia during Pre- and Post- COVID-19. TABLE 157 LATIN AMERICA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 169 DEALS, 20192022 12.2.4 TEMPUS LABS INC. 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. Gain clarity and insights into what's happening in your target market. 11.3 REVENUE SHARE ANALYSIS OF KEY PLAYERS - 41) Medical product developers are using RWD and RWE to support clinical trial designs (e.g., large simple trials, pragmatic clinical trials) and observational studies to generate innovative, new treatment approaches. 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. 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. This has reduced the potential value of the information produced, thus reducing the incentive to generate it. 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