The Real World Evidence/RWE Solutions Market Size was projected at USD 43.22 billion in 2022, and is expected to increase at a CAGR of 7.8% from 2023 to 2030, reaching USD 78.83 billion by 2030.
The global Real World Evidence (RWE) solutions market share is expected to witness significant growth in the coming years. RWE solutions are gaining prominence in the healthcare industry as they provide valuable insights into real-world patient data, enabling better decision-making and improving patient outcomes.
One of the key factors driving the market share of RWE solutions is the increasing demand for evidence-based medicine. Healthcare providers and pharmaceutical companies are increasingly relying on real-world data to understand the effectiveness and safety of their products in real-world settings. RWE solutions offer a comprehensive view of patient populations, treatment patterns, and outcomes, allowing stakeholders to make informed decisions about drug development, clinical trials, and post-market surveillance.
Moreover, the growing adoption of electronic health records (EHRs) and other digital health technologies has facilitated the collection and analysis of large volumes of real-world data. This has further fueled the demand for RWE solutions as healthcare organizations seek to leverage this data for research purposes, regulatory submissions, and value-based care initiatives.
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Key Players Covered in report are: IBM, PPD, Inc., IQVIA, Parexel International Corp., Syneos Health, Icon Plc, Medpace, PerkinElmer, Inc., Oracle, Cegedim Health Data and Other Players.
KEY MARKET SEGMENTATION:
By Component Type
- Services
- Pharmacy data
- Clinical setting data
- Data Sets
- Claims data
- Patient powered data
By Therapeutic area Type
- Cardiovascular
- Oncology
- Immunology
- Neurology
- Others
By End Users
- Healthcare Providers
- Pharmaceutical and Medical Devices Companies
- Healthcare Payers
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