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U.S. 11.9 COMPETITIVE SCENARIO 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. This paper examines selected macroeconomics variables' impact on foreign direct investment inflows in Malaysia during Pre- and Post- COVID-19. 11.4 MARKET RANKING ANALYSIS Pharmaceutical companies have been looking for new ways to provide the best treatments for patients. It is the process of using data to generate revenue or create new revenue-generating streams. The Global Real Estate market is anticipated to rise at a considerable rate during the forecast period. - 46) 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. 6.7.1.1 Case examples An assessment of the competitive landscape and market shares for major companies. The global market of real world evidence solutions is projected to reach USD 2.9 billion. This lack of consensus has led to a situation where RWE lacks the quality to be part of the body of evidence used to determine the comparative effectiveness of different treatment options. In April 2021, IQVIA Holdings Inc. announced the launch of Connected Intelligence Platform. TABLE 52 NORTH AMERICA: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 122 ASIA PACIFIC: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) RWE can be produced through various study designs or analyses, including but not . TABLE 15 DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FIGURE 18 JAPAN ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 A five-year forecast of the market and noted trends. 2.7.1 METHODOLOGY-RELATED LIMITATIONS, 3 EXECUTIVE SUMMARY (Page No. 10.5.1 INCREASED HEALTHCARE EXPENDITURE TO SUPPORT MARKET GROWTH FIGURE 37 FDA PHASE TRANSITION SUCCESS RATES, 20112020 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. TABLE 107 SPAIN: MACROECONOMIC INDICATORS The key factors. *Details on Business Overview, Products, Recent Developments, MnM View might not be captured in case of unlisted companies. The post-market safety and adverse event monitoring area are also projected to expand significantly.End-user OutlookBased on End-user, the Real World Evidence Solutions Market is segmented into Healthcare Companies, Healthcare Payers, Healthcare Providers, and Others. TABLE 32 RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 6.10 KEY STAKEHOLDERS AND BUYING CRITERIA TABLE 86 UK: MACROECONOMIC INDICATORS TABLE 12 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) You can only download this statistic as a Premium user. 12.2.1 HEALTHVERITY INC. 13.1 DISCUSSION GUIDE With rising challenges, healthcare payers are increasingly focused on evidence of clinical value for making market access & reimbursement/coverage decisions. 12.1.3 OPTUM INC. (A SUBSIDIARY OF THE UNITED HEALTH GROUP, INC.) 9.1 INTRODUCTION TABLE 70 CANADA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 158 LATIN AMERICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 103 ITALY: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 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. [Online]. The healthcare companies segment witnessed the maximum revenue share in the real world evidence solutions market in 2021. 6.5.1 AVERAGE SELLING PRICE The Aetion Evidence Platform (AEP) is the actual software that transforms the data into real-world evidence that answers questions surrounding operation safety, medical technologies and effectiveness. Speak to our Analysts to Understand the Impact of COVID-19 on Your Business:https://www.meticulousresearch.com/speak-to-analyst/cp_id=4954. TABLE 63 US: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 183 TRINETX LLC: BUSINESS OVERVIEW - 23) The drug development and approvals segment is further sub-segmented into oncology, cardiovascular disease, neurology, immunology, and other therapeutic areas. 1.2.1 INCLUSIONS AND EXCLUSIONS TABLE 167 REAL WORLD EVIDENCE SOLUTIONS MARKET: DETAILED LIST OF SMALL & MEDIUM PLAYERS They are derived from electronic health records (EHRs), claims and billing activities, product and disease registries, etc. TABLE 104 ITALY: RWE MARKET, BY APPLICATION, 20202027 (USD MILLION) Please create an employee account to be able to mark statistics as favorites. FIGURE 12 DISPARATE DATA SETS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 6.10.2 BUYING CRITERIA 8.6 CLINICAL AND REGULATORY DECISION MAKING TABLE 187 CLINIGEN: BUSINESS OVERVIEW The increasing emphasis on clinical value evidence for choices to offer coverage and the rising cost of therapy is responsible for expanding the reimbursement/coverage and regulatory decision-making segment. 6.7 REGULATORY BODIES, GOVERNMENTS, AND OTHER ORGANIZATIONS Many medical professionals and pharmaceutical companies have used their resources to stop the COVID-19 pandemics spread and create efficient drugs and vaccinations. This data holds potential to allow us to better design and conduct clinical trials and studiesin the health care setting to answer questions previously though infeasible. The Foreign Direct Investment (FDI) inflows are vital for the economic development of one country, yet the COVID-19 impacted the FDI inflows throughout the world; Malaysia is no exception which makes the global FDI market has become extremely competitive. TABLE 101 ITALY: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. Despite all positives, the key players experienced an initial shrinkage in the market due to uncertainties associated with the impact of the COVID-19 pandemic. Real-world evidence (RWE) solutions vendors may have more opportunities to increase their investments during the medication development cycle due to the growing demand for comprehensive evidence services all throughout the product lifetime.Application OutlookBased on Application, the Real World Evidence Solutions Market is segmented into Drug Development & Approvals, Medical Device Development & Approvals, Reimbursement/Coverage & Regulatory Decision Making, and Post Market Safety & Adverse Events Monitoring. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. 12.1.5 SYNEOS HEALTH, INC. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. 10.3.4 ITALY We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. The 21st Century Cures Act helped accelerate medical product development and brought innovations, and expanded the role of real-world evidence in the U.S. RWE data is needed for new drugs to successfully pass through clinical phases. 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. to incorporate the statistic into your presentation at any time. 5.2.2.1 Reluctance of medical practitioners and researchers to rely on real-world studies The global big data market in terms of revenue was estimated to be worth $162.6 billion in 2021 and is poised to reach $273.4 billion by 2026, growing at a CAGR of 11.0% from 2021 to 2026. Defend your Market Share or Win Competitors. 5.2.4.2 Shortage of skilled professionals, 6 INDUSTRY INSIGHTS (Page No. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 12.1.17 CLINIGEN 6.3 ECOSYSTEM ANALYSIS TABLE 165 MIDDLES EAST & AFRICA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION), 11 COMPETITIVE LANDSCAPE (Page No. FIGURE 9 DATA TRIANGULATION METHODOLOGY FIGURE 21 EMERGING MARKETS TO REGISTER HIGHER GROWTH RATES DURING THE FORECAST PERIOD, 5 MARKET OVERVIEW (Page No. 7.3.2 INTEGRATED DATA SETS TABLE 142 INDIA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 1.2.3 YEARS CONSIDERED FOR THE STUDY The healthcare ecosystem is changing, and there is increased scrutiny on healthcare costs as stakeholders in the healthcare industry seek new alternatives to deal with the unsustainable cost burden and relatively poor return on investment. A paid subscription is required for full access. 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. FIGURE 44 REAL WORLD EVIDENCE SOLUTIONS MARKET: COMPANY EVALUATION QUADRANT (2021) In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The top five markets in 2020 were: United States ($15.1 billion), China ($6.3 billion), Germany ($5.7 billion), Japan ($4.2 billion) and France ($2.7 billion). Thus, aiding in the dismantling of traditional silos and enabling insight-driven decision-making from the product R&D stage to its commercialization. As a Premium user you get access to background information and details about the release of this statistic. 13.3 CUSTOMIZATION OPTIONS TABLE 95 FRANCE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 24 PHARMACY DISPARATE DATA SET MARKET, BY COUNTRY, 20202027 (USD MILLION) TABLE 89 UK: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) This act required the FDA to release a comprehensive plan to continue advancing these efforts. TABLE 17 DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 8.2.1 ONCOLOGY Forecasts show that the market will grow from $14.9 billion to $17.6 billion in 2024. 10.4.1.1 Stringent regulatory scenario in Japan to restrain market growth $6.36 billion will be spent in the consumer segment. TABLE 22 CLAIMS DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) What are the major revenue pockets in the real world evidence solutions market currently? 7.3.1.3.1 Increasing adoption of e-prescribing systems to drive growth Furthermore, post-pandemic, therapeutic developments for COVID-19 infection saw a significant boost. Vendors often customise the required services as per the client's requirements, which proves time- and cost-effective for clients in comparison to procuring the data sets and analysing them to generate meaningful information. TABLE 59 US: RWE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) 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. The big data analytics market is set to reach $103 billion by 2023. TABLE 90 UK: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) 12.1.13 TRINETX LLC TABLE 35 DRUG DEVELOPMENT AND APPROVALS MARKET IN ONCOLOGY, BY COUNTRY, 20202027 (USD MILLION) The market size for data analytics and business intelligence software applications is projected to grow over the next few years. Over the next five years up to 2025,. 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. 6.1 INDUSTRY TRENDS 10.2 NORTH AMERICA 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 FDA has already begun to incorporate RWE in regulatory decisions in the U.S. TABLE 74 EUROPE: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) TABLE 62 US: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) FIGURE 55 SAS INSTITUTE: COMPANY SNAPSHOT (2021) 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 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS : COMPANY SNAPSHOT (2021) Learn more about how Statista can support your business. 7500+ companies worldwide approach us every year for their revenue growth initiatives. 24*7 real-time access to a vast global inventory of hotel rooms, cars, airlines, buses, tours and other travel-related items. 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 5.1 INTRODUCTION 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. 6.4.4 THREAT OF SUBSTITUTES TABLE 64 US: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) To speak to our analyst for a discussion on the above findings, click Speak to Analyst, 1 INTRODUCTION (Page No. The economic and investment reach of those assets are felt by millions of Americans all across the country. 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