In turn, this has increased the possibility of using an end-to-end strategy to leverage a life sciences organizations data, proof, and knowledge resources. 5.2.4.1 Lack of universally accepted methodology standards and data processing infrastructure 10.4.3.1 Growing adoption of outcomes-based research among pharmaceutical and medical device manufacturers in India to drive market growth What is the projected market value of the global real world evidence solutions market? 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. Note 2: Other primaries include sales managers, marketing managers, and product managers. TABLE 110 SPAIN: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) - 113) 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 Following a detailed secondary and primary research and an in-depth . FIGURE 12 DISPARATE DATA SETS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) FIGURE 15 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 2022 VS. 2027 (USD MILLION) 12.1.19 VERANTOS INC. TABLE 186 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: BUSINESS OVERVIEW 8.3.1 INCREASING RESEARCH IN MEDICAL DEVICE DEVELOPMENT TO DRIVE DEMAND This research study involved the extensive use of both primary and secondary sources. : BUSINESS OVERVIEW TABLE 99 FRANCE: RWE MARKET, BY END USER, 20202027 (USD MILLION) 9.5 OTHER END USERS The figures from 2021 to 2025 were calculated by Statista based on the 2020 forecast figure and the five-year compound annual growth rate (CAGR) of 23 percent provided by the source. The global real estate market was valued at $28,917.7 billion in 2021, and is projected to reach $4,923.3 billion by 2031, registering a CAGR of 5.3% from 2022 to 2031. 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Learn more about how Statista can support your business. However, after initial shrinkage, real-world evidence (RWE) is set to become the most influential emerging technology to fight against the COVID-19 outbreak. This insight, in clinical settings, can be gained by combining data from randomized controlled trials with evidence from real-world settings.Regional OutlookBased on Region, the Real World Evidence Solutions Market is segmented into North America, Europe, Asia Pacific, and LAMEA. 6.7.3.1 China 10.2.1 US TABLE 132 JAPAN: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) 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). to incorporate the statistic into your presentation at any time. 10.3.3 FRANCE TABLE 21 CLAIMS DATA SETS OFFERED BY KEY MARKET PLAYERS Profit from the additional features of your individual account. You only have access to basic statistics. Data marketplaces and exchanges provide single platforms to consolidate third-party data offerings. TABLE 51 NORTH AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COUNTRY, 20202027 (USD MILLION) 5.2.1.2 Shift from volume- to value-based care 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. RWE data is needed for new drugs to successfully pass through clinical phases. 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. TABLE 28 REGISTRY-BASED DATA SETS OFFERED BY KEY MARKET PLAYERS FIGURE 43 REAL WORLD EVIDENCE SOLUTIONS MARKET RANKING, BY KEY PLAYER, 2021 As a Premium user you get access to background information and details about the release of this statistic. Detailed research and segmentation for the main products and markets. The pressures are more significant in the oncological department, where high-cost agents with similar effects compete in the market. 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. 2.7 LIMITATIONS ReportLinker 9.2 PHARMACEUTICAL & MEDICAL DEVICE COMPANIES Component, Application, End User & Region, North America, Europe, APAC, MEA, and Latin America. The real estate market includes buying and selling of residential, commercial, and industrial properties such as flats, bungalows, offices and villas. TABLE 79 GERMANY: MACROECONOMIC INDICATORS 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 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 21 EMERGING MARKETS TO REGISTER HIGHER GROWTH RATES DURING THE FORECAST PERIOD, 5 MARKET OVERVIEW (Page No. TABLE 35 DRUG DEVELOPMENT AND APPROVALS MARKET IN ONCOLOGY, BY COUNTRY, 20202027 (USD MILLION) TABLE 52 NORTH AMERICA: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 5.2.1.5 Support from regulatory bodies for the use of RWE solutions the controller uses real-time particle size and moisture content data as well as Fluid Bed Granulation process data to make realtime process control decisions . FIGURE 2 PRIMARY SOURCES To forecast the size of the market segments with respect to five regions, namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 7.3.1.2.1 Growing need to understand the economic benefits of drug reimbursement by payers to drive growth 10.2.1.1 The US accounted for the largest share of the North American market FIGURE 58 CLINIGEN: COMPANY SNAPSHOT (2021) 11.7 COMPANY EVALUATION QUADRANT The healthcare companies segment witnessed the maximum revenue share in the real world evidence solutions market in 2021. TABLE 100 ITALY: MACROECONOMIC INDICATORS According to Molex's latest survey: "Design Engineer Tell-All: Advancing Innovation in an Era of Disruption," evolving design processes, heightened customer expectations and persistent supply chain constraints are impacting global engineers in equal measure. TABLE 38 DRUG DEVELOPMENT AND APPROVALS MARKET IN NEUROLOGY, BY COUNTRY, 20202027 (USD MILLION) 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. TABLE 82 GERMANY: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 20 CLINICAL SETTINGS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) TABLE 135 CHINA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) Please create an employee account to be able to mark statistics as favorites. 2.1.1.1 Key data from secondary sources 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. Patient-generated data including in home-use settings, Data gathered from other sources that can inform on health status, such as mobile devices. Market Overview: The global real-world evidence solutions market size reached US$ 1.6 Billion in 2022. 11.8.1 PROGRESSIVE 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. 2.4 MARKET RANKING ANALYSIS 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. 11.9.2 DEALS The segments growth is linked to the widespread use of real-world evidence services by healthcare organizations and businesses involved in biotechnology and pharmaceuticals. Even a study that is robust, well-planned, and non-randomized would be seen as lower-quality evidence in comparison to an RCT that is poorly conceived. TABLE 88 UK: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Which geographical segment holds the major share of the global RWE Solutions Market? TABLE 107 SPAIN: MACROECONOMIC INDICATORS In addition to this, increasing focus on drug development and easy drug approval also drives the country's real-world evidence solutions market. Zillow has 314 homes for sale in Lake Arrowhead CA. 10.4.1.1 Stringent regulatory scenario in Japan to restrain market growth 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. TABLE 57 NORTH AMERICA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 63 US: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 176 PAREXEL INTERNATIONAL CORPORATION: BUSINESS OVERVIEW TABLE 171 IQVIA HOLDINGS INC.: BUSINESS OVERVIEW 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. Get full access to all features within our Business Solutions. TABLE 42 REAL WORLD EVIDENCE SOLUTIONS MARKET IN POST-MARKET SURVEILLANCE, BY COUNTRY, 20202027 (USD MILLION) In, IDC, und Statista. 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