Press release
Real World Evidence/RWE Solutions Market Expected to Witness a Sustainable Growth Over 2031 | IBM, ICON, plc. , PAREXEL International Corporation, PPD,LLC
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In the healthcare industry, real-world evidence (RWE) is the clinical evidence regarding the usage and potential benefits or risks of a medical product derived from the analysis of real-world data.
RWE can be generated from a variety of data sources, including electronic health records, claims and billing data, patient registries, and surveys.
Key Trends
There are several key trends in Real-World Evidence/RWE Solutions technology. The first is the increasing use of data from real-world sources such as electronic health records, claims databases, and patient registries. This data can be used to generate evidence about the real-world effectiveness and safety of treatments.
Another trend is the use of machine learning and artificial intelligence techniques to analyze large amounts of data. These techniques can be used to identify patterns and relationships that would be difficult to find using traditional methods.
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Key Drivers
The key drivers of the Real World Evidence/RWE Solutions market are the increasing need for data-driven decision making in the healthcare industry and the rising adoption of RWE solutions by pharmaceutical and biotechnology companies.
The need for data-driven decision making in the healthcare industry is driven by the increasing complexity of the healthcare landscape, the need to control costs, and the need to improve patient outcomes.
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Market Segments:
By Component
-Services
-Data Sets
-Clinical setting data
By Therapeutic area
-Oncology
-Cardiovascular
-Neurology
-Others
By End Users
-Pharmaceutical
-Medical Devices Companies
-Healthcare Providers
-Healthcare Payers
Key Market Players:
The Real World Evidence/RWE Solutions Market includes players such as IQVIA, IBM, ICON, plc. , PAREXEL International Corporation, PPD,LLC, Optum, Inc. , Cognizant, Oracle, SAS and Flatiron Health.
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