Real-world Evidence (RWE) Analytics Market Worth $2.93 billion by 2029
Data management & integration enhancements help improve the speed & quality of drug discovery and clinical trial processes. Artificial intelligence (AI) is employed in real-world data (RWD) to enhance data anomaly detection, standardization, and quality check at the pre-processing stage. AI is expected to offer pharma & biotech companies the ability to increase meaningful RWE output, decrease time to insights, and make the most of the available vast data sources.
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5/30/24, 4:14 PM Real-world Evidence (RWE) Analytics Market Worth $2.93 billion by 2029 | Meticulous Market Research Pvt. Ltd. Home Press-release Redding, California, - June 23, 2022 Real-world Evidence (RWE) Analytics Market Worth $2.93 billion by 2029 RWE Analytics Market by Application [Market Access & Reimbursement, Drug Development & Approval (Oncology, Neurology, Cardiovascular), Post Market Surveillance, Medical Device Development], End User (Pharma, Payer, Provider) - Global Forecast to 2029 Meticulous Research a leading global market research company, published a research report titled, RWE Analytics Market by Application [Market Access & Reimbursement, Drug Development & Approval (Oncology, Neurology, Cardiovascular), Post Market Surveillance, Medical Device Development], End User (Pharma, Payer, Provider) - Global Forecast to 2029 . According to this latest publication from Meticulous Research , the global real-world evidence (RWE) analytics market is expected to grow at a CAGR of 15.1% during the forecast period 2022 2029 to reach $2.93 billion by 2029. Factors such as rapidly-growing big data in healthcare, shift from volume to value-based care, and rising focus toward personalized healthcare are expected to have a positive impact on the RWE solutions market. However, the lack of standardized methodologies to develop RWE is expected to pose a challenge to the market. The global RWE analytics market is segmented based on Application (Market Access & Reimbursement/Coverage Decisions, Drug Development & Approvals, Post Market Surveillance, Medical Device Development & Approvals, and Clinical & Regulatory Decision-making), End User (Pharmaceutical, Biotechnology, and Medical Device Companies, Healthcare Payers, Healthcare Providers, and Other End Users), and Geography. The study also evaluates industry competitors and analyzes their market share at global and regional levels. Real-world Evidence Analytics Market - Global Opportunity Analysis And Industry Forecasts (2022-2029) Related Reports Based on application, in 2022, the market access & reimbursement/coverage decisions segment is estimated to account for the largest share of the global RWE analytics market. RWE is increasingly considered by both industry and payers as a valuable source of evidence for market access & reimbursement and a complement to clinical trial evidence. Gaining & sustaining market access requires a clear understanding of the needs and values of key stakeholders. RWE offers an integrated strategic approach for proper understanding & communication of product attributes & benefits, driving value and market success. Report ID: MRHC - 104620Pages: 180Formats*:PDFCategory: Healthcare Download Free Sample Report Based on end user, in 2022, the pharmaceutical, biotechnology, and medical device companies segment is estimated to account for the largest share of the global RWE analytics market. In the past few years, advanced RWE analytics has been increasingly considered by pharmaceutical companies as a tool that characterizes patients and establishes matching techniques to compare patient groups with related characteristics based on predictive models, machine/deep learning, probabilistic causal models, and unsupervised algorithms. This helps pharmaceutical companies to derive deeper insights from rich patent data sets, gain a better understanding of outcomes, understand drug performance and differentiation at the subpopulation level, and generate hypotheses at scale across multiple therapies, comparisons, and endpoints. View All Press Release Share this on: Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5306 Geographic Review : This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and RoAPAC), Latin America, and Middle East & Africa. Key Players: Key companies operating in the global RWE analytics market are Clinigen Group plc (U.K.), ICON plc (Ireland), IQVIA Holdings Inc. (U.S.), Oracle Corporation (U.S.), Parexel International Corporation (U.S.), PerkinElmer, Inc. (U.S.), PPD Inc. (U.S.), SAS Institute Inc. (U.S.), UnitedHealth Group Incorporated (U.S.), and Flatiron Health (U.S.). Key questions answered in the report- Which are the high-growth market segments in terms of application, end user, and geography? What was the historical market for the RWE analytics market across the globe? What are the market forecasts and estimates for the period 2022 2029? What are the major drivers, restraints, opportunities, challenges, and key trends in the global RWE analytics market? Who are the major players in the global RWE analytics market? How is the competitive landscape, and who are the market leaders in the global RWE analytics? What are the recent developments in the RWE analytics market? What are the different strategies adopted by the major players in the RWE analytics market? What are the geographical trends and high-growth regions/countries? Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research https://www.meticulousresearch.com/pressrelease/530/real-world-evidence-analytics-market-2029 1/2
5/30/24, 4:14 PM Real-world Evidence (RWE) Analytics Market Worth $2.93 billion by 2029 | Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/pressrelease/530/real-world-evidence-analytics-market-2029 2/2
