TABLE 30 INTEGRATED DATA SETS OFFERED BY KEY MARKET PLAYERS The desire to drastically accelerate R&D, reinforced by a greater understanding of data science, has made the healthcare community more receptive to expanding the use of RWE beyond traditional safety-related applications. 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. We, Yahoo, are part of the Yahoo family of brands. 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. FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS TABLE 114 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) Most pharmaceutical, biopharmaceutical, and medical device companies continue to invest heavily in the development of novel drugs and devices. TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD TABLE 163 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) RWE data is needed for new drugs to successfully pass through clinical phases. Visual Data Discovery Market Size: Overview, Share, Trends with Current Market Scenario, 2027 Published: Feb. 23, 2023 at 1:20 a.m. These marketplaces and exchanges provide centralized availability and access (to X analytics and other unique data sets, for example) that create economies of scale to reduce costs for third-party data. 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. Given the low number of trials (57), it is difficult to reach a conclusion for each therapeutic area. 6.5.2.2 Europe 6.3 ECOSYSTEM ANALYSIS 6.5.2.3 Asia Pacific TABLE 47 RWE SOLUTIONS MARKET FOR HEALTHCARE PAYERS, BY COUNTRY, 20202027 (USD MILLION) 5.2.1.3 Potential of RWE in reducing drug development costs and expediting the drug development process 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. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The pharmaceutical sector of the economy spends the highest proportion of its profits on research and development.Increased emphasis on comprehensive RWE servicesHealthcare stakeholders are looking for new solutions to deal with the unaffordable financial burden and relatively low return on investment, transforming the healthcare ecosystem and raising concerns about healthcare prices. FIGURE 52 LABCORP HOLDINGS: COMPANY SNAPSHOT (2021) 7.3.1 DISPARATE DATA SETS FIGURE 25 RECOMMENDED INVESTMENT MODEL FOR RWD AND RWE ", IDC & Statista, Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes) Statista, https://www.statista.com/statistics/871513/worldwide-data-created/ (last visited March 02, 2023), Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes) [Graph], IDC, & Statista, June 7, 2021. TABLE 19 CLINICAL SETTINGS DATA SETS OFFERED BY KEY MARKET PLAYERS Similarly, RWE can accelerate label expansion and decrease the overall cost of the evidence needed for filing. 10.4 ASIA PACIFIC TABLE 57 NORTH AMERICA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 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. Are you interested in testing our business solutions? 5.2.4.2 Shortage of skilled professionals, 6 INDUSTRY INSIGHTS (Page No. TABLE 72 EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COUNTRY, 20202027 (USD MILLION) 9.4 HEALTHCARE PROVIDERS "Volume of Data/Information Created, Captured, Copied, and Consumed Worldwide from 2010 to 2020, with Forecasts from 2021 to 2025 (in Zettabytes). 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. February 22, 2023 08:06 ET 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. The interactive data tools below provide a way to explore public data from the 2022 EPA Automotive Trends Report. 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. 2.1 RESEARCH DATA TABLE 121 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. 5.2 MARKET DYNAMICS 13.1 DISCUSSION GUIDE A paid subscription is required for full access. 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. Some of the prominent players operating in the global RWES market are IQVIA Holdings Inc. (U.S.), ICON plc (Ireland), PPD, Inc. (U.S.), SYNEOS HEALTH, INC. (U.S.) , CLARIVATE PLC (U.S.), Medpace Holdings Inc. (U.S.), Symphony Innovation, LLC (U.S.), Clinigen Group plc (U.K.), Cognizant Technology Solutions Corporation (U.S.), IBM Corporation (U.S.), OracleCorporation (U.S.), PAREXEL International Corporation (U.S.), PerkinElmer, Inc. (U.S.), SAS Institute Inc. (U.S.), UnitedHealth Group Incorporated (U.S.), and Flatiron Health (U.S.). 11.8 COMPANY EVALUATION QUADRANT FOR START-UPS/SMES 6.7.3.1 China Education. You need at least a Starter Account to use this feature. 6.2 REAL-WORLD DATA SOURCES 4.3 RWE SOLUTIONS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 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. FIGURE 42 REVENUE ANALYSIS OF KEY PLAYERS IN THE REAL WORLD EVIDENCE SOLUTIONS MARKET In 2021, the market access & reimbursement/coverage decisions segment accounted for the largest share of the overall real-world evidence solutions market. The surge is linked to the growing significance of RWE studies in determining how well drugs operate in actual situations and mitigating drug recalls. 10.3.4.1 The demand for RWE in Italy is high due to the widespread use of pay-for-outcomes FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY-SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION TABLE 64 US: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) IDC, & Statista. FIGURE 38 ANNUAL DRUG APPROVALS BY CDER (FDA), 20112021 Pharmaceutical and biopharmaceutical businesses are choosing fully functional or integrated outsourcing services from the early development phase to the late-stage development phase to meet the requirements for drug development and discovery due to their increasing R&D spending. TABLE 60 US: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The report presents a detailed assessment of the real world evidence solutions market, along with qualitative inputs and insights from MarketsandMarkets. 7.3.1.3 Pharmacy data set 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. 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. TABLE 8 LIST OF PATENTS IN THE RWE SOLUTIONS MARKET, 20192022 Furthermore, post-pandemic, therapeutic developments for COVID-19 infection saw a significant boost. 4.2 ASIA PACIFIC: RWE SOLUTIONS MARKET, BY END USER AND COUNTRY (2021) 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. The site is secure. FIGURE 31 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR RWE SOLUTIONS, 20162021 TABLE 13 RWE SERVICES OFFERED BY KEY MARKET PLAYERS 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. 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. 12.1.16 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION 6.7.3 ASIA PACIFIC TABLE 49 RWE SOLUTIONS MARKET FOR OTHER END USERS, BY COUNTRY, 20202027 (USD MILLION), 10 RWE SOLUTIONS MARKET, BY REGION (Page No. 2.7.1 METHODOLOGY-RELATED LIMITATIONS, 3 EXECUTIVE SUMMARY (Page No. For example; if you. 12.1.6 PAREXEL INTERNATIONAL CORPORATION 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. 4.1 REAL WORLD EVIDENCE SOLUTIONS MARKET OVERVIEW 10.6 MIDDLE EAST & AFRICA GWI projects that spa revenues will recover quickly to pre-pandemic levels and will reach $151 billion in 2025. These factors are preventing the Real-World Evidence Solutions Market from expanding.Component OutlookBased on Component, the Real World Evidence Solutions Market is segmented into Services and Data Sets. Detailed research and segmentation for the main products and markets. 8.2.3 NEUROLOGY Majority of institutions are currently installing software and tools to store data at their own premises due to ease of access and security, resulting in the large market share of this type of delivery. 11.7.1 STARS Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the real world evidence solutions market. TABLE 113 SPAIN: RWE MARKET, BY END USER, 20202027 (USD MILLION) TABLE 67 CANADA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. FIGURE 60 MEDPCE HOLDINGS INC.: COMPANY SNAPSHOT (2021) RWD has been used increasingly to map the progression of the disease and to discover vaccines and immediate treatments. TABLE 3 MARKET DYNAMICS: IMPACT ANALYSIS TABLE 175 SYNEOS HEALTH INC.: BUSINESS OVERVIEW 7.3.1.1 Clinical settings data set TABLE 79 GERMANY: MACROECONOMIC INDICATORS FIGURE 30 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR MEDICAL SIMULATION PATENTS (JANUARY 2011 TO JUNE 2021) TABLE 169 DEALS, 20192022 The study categorizes the global real world evidence solutions market based on component, application, end user at regional/country and global level. 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. Defend your Market Share or Win Competitors. FIGURE 14 RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) TABLE 36 LIST OF PIPELINE DRUGS FOR CARDIOVASCULAR DISEASE (BY FEBRUARY 2022) Support from regulatory bodies for using Real World Evidence Solutions (RWE) and an increase in R&D spending are anticipated to boost market growth. 11.4 MARKET RANKING ANALYSIS The largest market share of 48.6% was held by on-premises delivery mode in 2022. 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 6.7 REGULATORY BODIES, GOVERNMENTS, AND OTHER ORGANIZATIONS TABLE 142 INDIA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 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. TABLE 165 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION), 11 COMPETITIVE LANDSCAPE (Page No. However, after initial shrinkage, real-world evidence (RWE) is set to become the most influential emerging technology to fight against the COVID-19 outbreak. 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). TABLE 106 ITALY: RWE MARKET, BY END USER, 20202027 (USD MILLION) TABLE 147 INDIA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) The drug development and approvals segment dominates owing to an increasing number of clinical trials, specifically in the field of oncology and cardiovascular therapeutics. 10.4.2 CHINA Volume of data/information created, captured, copied, and consumed worldwide from 2010 to 2020, with forecasts from 2021 to 2025 (in zettabytes) [Graph]. TABLE 73 EUROPE: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 117 REST OF EUROPE: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) 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. 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. - 46) Pharmaceutical companies require data describing both the approved and medically accepted alternative uses of previously approved drugs. Based on stated demand for carbon credits, demand projections from experts, and the volume of negative emissions needed to reduce emissions in line with the 1.5-degree warming goal, annual global demand for carbon credits could reach up to 1.5 to 2.0 gigatons of carbon dioxide by 2030 and up to 7 to 13 gigatons by 2050.The market size in 2030 . 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 . FIGURE 57 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: COMPANY SNAPSHOT (2021) TABLE 164 MIDDLES EAST & AFRICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 8.4 POST-MARKET SURVEILLANCE TABLE 120 ASIA PACIFIC: RWE MARKET, BY COUNTRY, 20202027 (USD MILLION) TABLE 177 THERMO FISHER SCIENTIFIC INC.: BUSINESS OVERVIEW Not only is the platform used by regulators like the FDA, but payers . 10.3 EUROPE 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 . In 2021, the real-world datasets segment accounted for the larger share of the overall real-world evidence solutions market. 7.3.1.3.1 Increasing adoption of e-prescribing systems to drive growth DownloadFree Sample Report Now @https://www.meticulousresearch.com/download-sample-report/cp_id=4954. FIGURE 2 PRIMARY SOURCES Real-world data (RWD) has become a powerful tool in the life sciences industry by pharmaceutical, biotechnology, & medical device companies; healthcare payers; healthcare providers; and other end users (academic research institutions, patient advocacy groups, regulators, and health technology assessment agencies) to add value at every stage of 6.7.1 NORTH AMERICA After the completion of each approach, the weighted average of these approaches was taken based on the level of assumptions used in each approach. TABLE 116 REST OF EUROPE: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Through this acquisition, the company aimed at adding new capabilities to its decentralized clinical trial solutions. 6.1.5 INCORPORATION OF ARTIFICIAL INTELLIGENCE IN RWD MANAGEMENT 7.3.1.5 Registry-based data sets 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. At Pitt . Drug recalls, are part of the overall real-world evidence solutions MARKET 48.6 was. Uses of previously approved drugs larger share of 48.6 % was held by delivery! The 2022 EPA Automotive Trends Report medically accepted alternative uses of previously approved.! 6.7.3.1 China Education COMPANY EVALUATION QUADRANT for START-UPS/SMES 6.7.3.1 China Education provide a to... 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