Real World Data (RWD) Market, By Component (Services, Datasets, (Clinical settings Data, Claims & Billing Data, Pharmacy Data, Registry-Based Data, Patient-Powered Data)), By Application (Drug development and approvals, Market access and reimbursement/cov

Real World Data (RWD) Market, By Component (Services, Datasets, (Clinical settings Data, Claims & Billing Data, Pharmacy Data, Registry-Based Data, Patient-Powered Data)), By Application (Drug development and approvals, Market access and reimbursement/coverage decisions, Post-market surveillance, Clinical research, Other applications), By End User (Pharmaceutical and medical device companies, Healthcare payers, Healthcare providers, Government agencies, Others), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)


Real world data plays a crucial role in understanding and addressing complex challenges across various fields. It refers to information gathered from real-life situations, such as demographics, economic indicators, healthcare records, environmental factors, and more. Unlike simulated or theoretical data, global real world data (RWD) offers insights into actual events, behaviours and trends. It enables researchers, policymakers and businesses to make informed decisions, develop accurate models, and implement effective strategies. With the advent of advanced technologies and the growing availability of large-scale data, global real world data (RWD) analysis has become increasingly valuable in uncovering patterns, identifying correlations, and generating actionable knowledge to drive innovation and improve outcomes in diverse domains. The real-world data market refers to the collection and analysis of data from various sources outside of traditional clinical trials. These sources can include electronic health records, insurance claims data, patient registries, and even data from wearable devices. This data is then used to inform healthcare decisions and strategies, improve patient outcomes, and drive innovation in the healthcare industry.

Market Dynamics:

The increasing introduction of new products in the market is expected to drive the growth of the market over the forecast period. For instance, in November 2022, Castor, a leading provider of decentralized and hybrid clinical trial technology solutions, announced a new offering to simplify post-marketing clinical trials. By extending global reach, integrating real-world data (RWD), and automating trial processes, Castor’s latest offering can reduce trial costs by 30% and deployment timelines to only 4 weeks on average.

However, data quality and completeness, data privacy and regulatory compliance, data fragmentation, and interoperability and selection bias and generalizability are expected to hamper growth of the global real world data (RWD) market over the forecast period.

Key features of the study:
  • This report provides in-depth analysis of the global real world data (RWD) market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global real world data (RWD) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include IQVIA Holdings Inc., Optum, Inc. (a subsidiary of UnitedHealth Group), Cerner Corporation, Flatiron Health, Inc., IBM Corporation, Tempus Labs Inc., Syneos Health Inc., Evidera, Inc., Palantir Technologies Inc., SAS Institute Inc.,
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The real world data market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global real world data (RWD) market
Detailed Segmentation:
  • By Component:
  • Services
  • Datasets
  • Clinical settings Data
  • Claims & Billing Data
  • Pharmacy Data
  • Registry-Based Data
  • Patient-Powered Data
  • By Application:
  • Drug development and approvals
  • Market access and reimbursement/coverage decisions
  • Post-market surveillance
  • Clinical research
  • Other applications
  • By End User:
  • Pharmaceutical and medical device Companies
  • Healthcare payers
  • Healthcare providers
  • Government agencies
  • Others
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
  • Company Profile:
  • IQVIA Holdings Inc.
  • Optum, Inc. (a subsidiary of UnitedHealth Group)
  • Cerner Corporation
  • Flatiron Health, Inc.
  • IBM Corporation
  • Tempus Labs Inc.
  • Syneos Health Inc.
  • Evidera, Inc.
  • Palantir Technologies Inc.
  • SAS Institute Inc.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Global Real World Data (RWD) , By Component
Market Global Real World Data (RWD), By Application
Market Global Real World Data (RWD), By End user
Market Global Real World Data (RWD), By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Real World Data (RWD) Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Real World Data (RWD) Market , By Component, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2018 and 2030 (%)
Y-o-Y Growth Analysis, 2019–2030
Segment Trends
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Datasets
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Clinical settings Data
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Claims & Billing Data
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Pharmacy Data
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Registry-Based Data
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Patient-Powered Data
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Real World Data (RWD) Market , By Application, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2018 and 2030 (%)
Y-o-Y Growth Analysis, 2019– 2030
Segment Trends
Drug development and approvals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Market access and reimbursement/coverage decisions
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Post-market surveillance
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Clinical research
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Other applications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
7. Global Real World Data (RWD) Market , By End User, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2018 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Pharmaceutical and medical device Companies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Healthcare prayers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Healthcare providers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Government agencies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
8. Global Real World Data (RWD) Market , By Region, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2018 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2019–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Source, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030,(US$ Bn)
North Africa
South Africa
Central Africa
9. Competitive Landscape
IQVIA Holdings Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Optum, Inc. (a subsidiary of UnitedHealth Group)
Centre Corporation
Flatiron Health, Inc.
IBM Corporation
Tempus Labs Inc.
Syneos Health Inc.
Evidera, Inc.
Palantir Technologies Inc.
SAS Institute Inc.
Analyst Views
10. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global Real World Data (RWD) Market” - Global forecast to 2030

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