"Real-World Evidence (RWE) Solutions Market Projected to Reach $4.9 Billion by 2029"

Meticulous Research®, a leading global market research company, has unveiled a new research report titled "Real-world Evidence (RWE) Solutions Market by Component (Datasets, Services), Application (Market Access, Oncology, Neurology, Post Market Surveillance), End User (Pharma Companies, Providers) - Global Forecast to 2029." According to this comprehensive study, the RWE solutions market is poised to experience substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 11.8% from 2022 to 2029, culminating in a market value of $4.9 billion by 2029.

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The report highlights key drivers fueling this growth, including the rapid expansion of large data in healthcare, a shift towards value-based care models, and an increased focus on personalized healthcare solutions. These trends are expected to have a positive impact on the adoption of RWE solutions across various healthcare segments. However, challenges such as the lack of standardized methodologies for RWE development are noted as potential hurdles.

The study provides a detailed analysis of the RWE solutions market, presenting historical data for 2020 and 2021, estimated current data for 2022, and forecasts up to 2029. It segments the market by component (Datasets and Services), application (Market Access & Reimbursement/Coverage Decisions, Drug Development & Approvals, Post Market Surveillance, Medical Device Development & Approvals, and Others), end user (Pharmaceutical, Biotechnology, and Medical Device Companies, Healthcare Payers, Healthcare Providers, and Others), and geography.

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Key findings from the report include:

The datasets segment is expected to dominate the market in 2022, driven by the increasing use of electronic health records (EHRs) and the growing reliance on outcome-based studies.
The market access & reimbursement/coverage decisions application segment is anticipated to hold the largest share in 2022, as healthcare payers increasingly rely on RWE for evidence of clinical value.

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Pharmaceutical & medical device companies are projected to be the leading end users in 2022, emphasizing the importance of RWE in drug development, approvals, and real-world performance assessment.
The report also evaluates major players in the global RWE solutions market, including Anthem, Inc., Clinigen Group plc, Cognizant Technology Solutions Corporation, IBM Corporation, IQVIA, Oracle Corporation, UnitedHealth Group Incorporated, and others.
For a comprehensive understanding of the market dynamics, regional insights, and competitive landscape, the full report can be accessed through the Meticulous Research® website or by contacting their research experts directly.

TOP 10 COMPANIES IN REAL-WORLD EVIDENCE (RWE) SOLUTIONS MARKET >> https://meticulousblog.org/top-10-companies-in-real-world-evidence-solutions-market/

Related Report:
TOP 10 COMPANIES IN U.S. REAL WORLD EVIDENCE SOLUTIONS MARKET >> https://meticulousblog.org/top-10-companies-in-u-s-real-world-evidence-solutions-market/

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This release was published on openPR.