Pune, Maharashtra -- (SBWIRE) -- 10/11/2022 -- Although the market for real-world evidence solutions was already growing, an increase in regulatory support and an increase in research and development spending are expected to boost the market growth. Furthermore, the shift from volume-based care to value-based care is expected to fuel market growth. In response to the COVID-19 pandemic, many market players began experiencing general business disruptions; however, IQVIA reported that it was unable to perform on-site monitoring and deliver offerings that relied on in-person gatherings or face-to-face interactions. However, in response to these challenges, IQVIA accelerated its cost containment efforts by expanding a variety of cost containment actions for reducing the impact on profitability.

The RWE data has also been used to activate business continuity plans, including the remote delivery capabilities in technology and analytics, remote monitoring and virtual trials in research & development solutions, and virtual commercial activity with clients wherever possible. Collaborations between organizations such as the National Patient-Centered Clinical Research Network (PCORnet), National Institutes of Health (NIH) Collaboratory, and FDA's Sentinel Initiative have enabled these benefits.

"According to SNS Insider, Real World Evidence/RWE Solutions Market Size is was valued at US$ 40.1 billion in 2021 and Grow at US$ 67.8 billion by end of 2028, with growing healthy CAGR of 7.8% during the Forecast Period 2022-2028."

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Major Company Profiles included in Real World Evidence/RWE Solutions Market are:
- IBM
- PPD, Inc.
- IQVIA
- Parexel International Corp.
- Syneos Health
- Icon Plc
- Medpace
- PerkinElmer, Inc.
- Oracle
- Cegedim Health Data

The Real World Evidence/RWE Solutions market report defines and segments the worldwide market in addition to analyzing and predicting regional and global market opportunities. Along with trends, opportunities, and challenges, it also contains data on the market's drivers and inhibitors. Our extensive data collection from reliable supplemental sources, together with our close relationships with a variety of industry partners, help us build market expertise for the market research study. We are able to confirm and validate the knowledge we learn from our major and reliable sources and stay up to date on market trends and patterns because of the information we gather. The primary goal of the market research study is qualitative market analysis, which includes PEST analysis, COVID-19 industry trends, market analysis, and factor analysis.

Predicting future trends and tendencies as well as describing the market sizes of key geographic and segmentation markets are among the objectives of the study report. The research was conducted to analyze and comprehend the Real World Evidence/RWE Solutions industry and it used reliable information sources. The report's covering criteria include a market share analysis, a study of the top competitors, an analysis of each company's primary business lines, product portfolio, and cost structure, as well as a research of current trends and patterns in the sector.

Real World Evidence/RWE Solutions Market Segmentation Outlook 2022

Furthermore, consumer demand, upstream raw material supply, and current market trends were examined in the market analysis. After presenting a number of important suggestions for a new market concept, the study evaluates its potential. Overall, taking into account all pertinent elements, the research offers a complete analysis of the global Real World Evidence/RWE Solutions market. The total market is segmented by company, geography, and application/type for the competitive landscape analysis.

Major Segments and Sub-Segment of Real World Evidence/RWE Solutions Market are Listed Below:

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

In this study, the years considered to estimate the market size of Real World Evidence/RWE Solutions are as follows:
- History Year: 2016-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Year 2022 to 2028

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Regional Analysis Covered in this report:

- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East & Africa [Turkey, Saudi Arabia, UAE]

Competitive Outlook of Real World Evidence/RWE Solutions Industry

The primary goal of the study is to provide enterprises in the sector with a strategic analysis of COVID-19's effects. This report also assessed the market potential of important countries' markets and described those markets. The study starts off by providing a comprehensive review of the industry, including its definition, uses, and production procedures. The top players in the international industry are then extensively examined in the market research report. With a focus on the target market, the research study provides a thorough and in-depth analysis of the current state of the Real World Evidence/RWE Solutions business. The study is a helpful resource for companies and other individuals with an interest in the industry because it offers guidance and crucial market data.

Frequently Asked Questions in this report are:

- What is the market size of Real World Evidence/RWE Solutions market in 2021?
- What the major driving factors of Real World Evidence/RWE Solutions market?
- Which regional analysis covered in this report?
- What is Real World Evidence/RWE Solutions?
- Which key company profiles are listed in this report?

Table of Contents – Major Key Points

1. Introduction

2. Research Methodology

3. Market Dynamics

4. Impact Analysis

5. Value Chain Analysis

6. Porter's 5 Forces Model

7. PEST Analysis

8. Real World Evidence/RWE Solutions Market Segmentation, By Component Type

9. Real World Evidence/RWE Solutions Market Segmentation, By Therapeutic Area Type

10. Real World Evidence/RWE Solutions Market Segmentation, By End Users

11. Regional Analysis

12 Company Profiles

13 Competitive Landscape

14 Conclusion

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