8.6 CLINICAL AND REGULATORY DECISION MAKING TABLE 50 RWE SOLUTIONS MARKET, BY REGION, 20202027 (USD MILLION) TABLE 119 REST OF EUROPE: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) The RWE Solutions Market is expected to grow at a CAGR of 11.8% from 2022 to 2029 to reach $4.93 billion by 2029. RWE experts communicate and collaborate with the subject matter experts of the pharmaceutical and medical device companies to offer services to develop intelligent RWE strategies (consulting services) and use the analytical capabilities to provide meaningful statistical insights. 11.8.3 RESPONSIVE COMPANIES An assessment of the competitive landscape and market shares for major companies. TABLE 147 INDIA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) TABLE 32 RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) This statistic is not included in your account. TABLE 156 LATIN AMERICA: DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) Similarly, RWE can accelerate label expansion and decrease the overall cost of the evidence needed for filing. 10.1 INTRODUCTION 1.2.2 MARKETS COVERED 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. The largest market share of 48.6% was held by on-premises delivery mode in 2022. 12.1.5 SYNEOS HEALTH, INC. 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. TABLE 18 DISPARATE DATA SETS MARKET, BY COUNTRY, 20202027 (USD MILLION) 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. TABLE 175 SYNEOS HEALTH INC.: BUSINESS OVERVIEW Pharmaceutical companies have been looking for new ways to provide the best treatments for patients. 7500+ companies worldwide approach us every year for their revenue growth initiatives. Intraday data delayed at least . RWE can be generated by different study designs or analyses, including but not limited to, randomized trials, including large simple trials, pragmatic trials, and observational studies (prospective and/or retrospective). TABLE 62 US: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The Americas contributed 40.2% of the overall market size estimate. TABLE 107 SPAIN: MACROECONOMIC INDICATORS The market size for data analytics and business intelligence software applications is projected to grow over the next few years. With this partnership, the company aimed at expanding Parexels network of real-world data (RWD) sources to deliver drug development solutions for customers. 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. The Real-world Evidence (RWE) Solutions Market is expected to reach $4.9 billion by 2029, at a CAGR of 11.8% from 2022 to 2029. 10.5.1 INCREASED HEALTHCARE EXPENDITURE TO SUPPORT MARKET GROWTH 12.1.4 ICON PLC. Government. It also determines the outcomes based on much larger data samples, reduces costs, and improves the efficiency of clinical trials. to incorporate the statistic into your presentation at any time. With the given market data, MarketsandMarkets offers customizations as per your companys specific needs. ", 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 143 INDIA: RWE SOLUTIONS DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) FIGURE 60 MEDPCE HOLDINGS INC.: COMPANY SNAPSHOT (2021) TABLE 3 MARKET DYNAMICS: IMPACT ANALYSIS TABLE 113 SPAIN: RWE MARKET, BY END USER, 20202027 (USD MILLION) TABLE 159 LATIN AMERICA: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed wherever applicable. TABLE 80 GERMANY: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY COMPONENT, 20202027 (USD MILLION) TABLE 90 UK: REAL WORLD EVIDENCE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) FIGURE 21 EMERGING MARKETS TO REGISTER HIGHER GROWTH RATES DURING THE FORECAST PERIOD, 5 MARKET OVERVIEW (Page No. 12.1.18 CEGEDIM HEALTH DATA 8.5.1 GROWING USE OF RWE SOLUTIONS TO DEVELOP ECONOMIC AND BUDGET IMPACT MODELS In 2021, the real-world datasets segment accounted for the larger share of the overall real-world evidence solutions market. The real estate market includes buying and selling of residential, commercial, and industrial properties such as flats, bungalows, offices and villas. TABLE 57 NORTH AMERICA: RWE SOLUTIONS MARKET, BY END USER, 20202027 (USD MILLION) 13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 11.9.1 FDA APPROVALS/SERVICE ENHANCEMENTS TABLE 158 LATIN AMERICA: RWE SOLUTIONS IN DRUG DEVELOPMENT AND APPROVALS MARKET, BY TYPE, 20202027 (USD MILLION)
Thus, aiding in the dismantling of traditional silos and enabling insight-driven decision-making from the product R&D stage to its commercialization. 13.1 DISCUSSION GUIDE The pharmaceutical, biotech, and medical device industries are facing a list of unprecedented challenges led by the global economic crisis, coronavirus pandemic, and concerns about escalating healthcare costs. 5.2.1.2 Shift from volume- to value-based care RWD has been used increasingly to map the progression of the disease and to discover vaccines and immediate treatments. What is the estimated growth rate (CAGR) of the global real world evidence solutions market for the next five years? FIGURE 40 NORTH AMERICA: RWE SOLUTIONS MARKET SNAPSHOT TABLE 4 INDICATIVE LIST OF NATIONAL DATABASES IN DEVELOPED COUNTRIES 10.6 MIDDLE EAST & AFRICA 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. 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. 12.1.16 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION Detailed research and segmentation for the main products and markets. FIGURE 2 PRIMARY SOURCES TABLE 187 CLINIGEN: BUSINESS OVERVIEW FIGURE 6 MARKET SIZE ESTIMATION: SEGMENTAL EXTRAPOLATION 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. 11.7.3 PERVASIVE PLAYERS 6.7.3 ASIA PACIFIC 5.2.1.5 Support from regulatory bodies for the use of RWE solutions FIGURE 16 REAL WORLD EVIDENCE SOLUTIONS MARKET: GEOGRAPHIC SNAPSHOT, 4 PREMIUM INSIGHTS (Page No. 11.9.2 DEALS 6.1 INDUSTRY TRENDS 6.7.2 EUROPE Thus, it is discovered that the usage of real-world evidence (RWE) findings is growing. FIGURE 35 TOTAL E-PRESCRIPTIONS AND CONTROLLED SUBSTANCE PRESCRIPTIONS IN THE US (2018-2021) 10.6.1 GROWING AVAILABILITY OF HEALTHCARE FUNDING IN THE MIDDLE EAST OFFERS OPPORTUNITIES FOR MARKET GROWTH Using the GlobalData Clinical Trials database, it was found that there are currently 194 real-world evidence trials, the highest annual number recorded so far, followed by 2019, which had 160 trials. FIGURE 15 REAL WORLD EVIDENCE SOLUTIONS MARKET, BY END USER, 2022 VS. 2027 (USD MILLION) TABLE 17 DISPARATE DATA SETS MARKET, BY TYPE, 20202027 (USD MILLION) 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. TABLE 83 GERMANY: RWE SOLUTIONS MARKET, BY APPLICATION, 20202027 (USD MILLION) TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS The market is projected to grow from USD 271.83 billion in 2022 to USD 655.53 billion by 2029, exhibiting a CAGR of 13.4% during the forecast period. TOP-LEVEL FINDINGS. 80% of fortune 2000 companies rely on our research to identify new revenue sources. 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. Real-world evidence solutions can provide valuable insights to understand better, monitor, and prepare for the challenges caused by the COVID-19 pandemic. Americas contributed 40.2 % of fortune 2000 companies rely on our research to identify new revenue sources evidence. For the next five years challenges caused by the COVID-19 pandemic as per your companys needs... 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