PRESS RELEASE

Global Real World Evidence Solutions Market is majorly driven by the growing number of geriatric population along with the subsequent increase in the prominence of chronic diseases

Published Date | 2019 October 4

According to BlueWeave Consulting, the Global Real World Evidence Solutions Market is anticipated to grow at a steady rate during the forecast period. The global real-world evidence market is valued at 612.0 million in the year 2017 and projected to reach USD 1,348.1 million by the year 2023, at a CAGR of 14.3% during the forecast period. The global real-world evidence market is growing owing to several factors. The huge pharmaceutical organizations are discovered utilizing a clinico-genomic database with tumor sequencing data for disease revelation studies and focused on medication improvement. Organizations are along these lines ready to widen their sign range and lead few clinical preliminaries for the uncommon biomarker-characterized populace. In this manner, it shows the development of real-world evidence market, during the estimated time frame.  This real-world evidence solutions market will demonstrate quick development because of the move from volume to esteem based consideration, expanding maturing populace and pervasiveness of incessant maladies and postponements in medication advancement and the ensuing increment being developed expenses.

The huge pharmaceutical organizations are discovered utilizing a clinico-genomic database with tumor sequencing data for disease revelation studies and focused on medication improvement. Organizations are along these lines ready to widen their sign range and lead few clinical preliminaries for the uncommon biomarker-characterized populace. In this manner, it shows the development of real-world evidence market, during the estimated time frame. The utilization of real-world evidence (RWE) bits of knowledge is in this way discovered expanding as pharma and biotech organizations understand that RWE can be significant in medication improvement and life-cycle the board and furthermore increment proficiency in advancement and cost of clinical preliminaries.

Oncology is projected to be the dominant segment in the global real world evidence solutions market during the forecast period

In view of the helpful zone, the oncology section has been represented as the biggest portion of this real-world evidence market. The enormous portion of this section can be ascribed to the high number of clinical preliminaries that led to oncology and the rising pervasiveness of malignant growth around the world. There is likewise an expanding customized prescription and an increasingly exact necessity for oncology.

North America is expected to hold the largest market share in the global real- evidence management market during the forecast period

North America is expected to have the largest market share in the global real- evidence management market, owing to the early adoption of technologies and well-established economies in the region. The US is expected to hold the largest market share in North America. Major global real- evidence management market vendors and law enforcement agencies in the US are willing to use global real- evidence management technologies for sharing, storing, and securing the evidence with private companies. SAS (US), Syneos Health (US), Anthem (US), Clinigen Group (UK), Palantir Technologies (UK), and Flatiron Health (US),  IQVIA (US), ICON (Ireland), PAREXEL (US), Pharmaceutical Product Development (US), Optum (US), International Business Machines Corporation (US), Cognizant (US), Oracle (US), among others are some of the major players in the Global Real World Evidence Solutions  Market.

The Global Real World Evidence Solutions Market: Competitive Insight

SAS (US), Syneos Health (US), Anthem (US), Clinigen Group (UK), Palantir Technologies (UK), and Flatiron Health (US),  IQVIA (US), ICON (Ireland), PAREXEL (US), Pharmaceutical Product Development (US), Optum (US), International Business Machines Corporation (US), Cognizant (US), Oracle (US), among others are some of the major players in the Global Real World Evidence Solutions  Market.

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The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of global Real World Evidence Solutions market size & forecast. The report promises to provide state-of-the-art technology of Real World Evidence Solutions production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.

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