Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Health Economics & Outcomes Research (HEOR) Services Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 12.8% during the review period (2022 to 2027).
The HEOR services allow you to assess the cost-effectiveness of a treatment and quantify the outcomes. Similarly, decision-makers in the healthcare industry are under pressure to choose therapeutic 'interventions' from a variety of treatment choices offered by pharmaceutical, medical device, and biotechnology companies. Increased product development and rising healthcare spending are driving the total healthcare economics and outcomes research (HEOR) services industry. Restriction on access to real-world data (RWD) is, nonetheless, a key impediment to market expansion.
The growing demand for health economics and outcomes research services from a variety of healthcare companies for clinical trials, new technologies, and a more complex regulatory environment will propel the industry forward. Clinical development is aided by health economics and outcomes research (HEOR) services, which assist the healthcare sector in defining services, drug availability, and policy measures.
The report aspects discussed the profile of the top Manufacturers of the global Health Economics & Outcomes Research (HEOR) Services Market. These aspects include financial Status of major companies, trending advancements and entire market scenario. Growth of the report have examined Health Economics & Outcomes Research (HEOR) Services Market production, demand and growth Potential, geographic analysis, as well as current market developments in Various regions and countries.
The Health Economics & Outcomes Research (HEOR) Services Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Axtria, Avalon Health Economics, Cardinal Health, ICON, IQVIA, McKesson, MEDLIOR, Optum, PharmaLex, Pharmaceutical Product Development (PPD), RTI Health Solutions, Syneos Health, PAREXEL International Corporation, TCD
Optum Rx Donates COVID-19 Test Kits to Increase Access to Free Testing Among Underserved Communities in Chicago
April 28, 2022
Optum Rx, the pharmacy care services business of UnitedHealth Group, is donating 5,000 at-home COVID-19 rapid antigen self-tests to increase access to COVID-19 testing and support for underserved communities across Chicago.
Health Economics & Outcomes Research (HEOR) Services Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications it is segmented into
Several European countries, most notably the United Kingdom and the Netherlands, have a higher success rate in launching new drugs as these economies are highly dependent on various decisions made by government agencies. For instance, the European commission put forward Clinical Trails Regulation that became applicable from 31st January 2022.
All these factors greatly affect the Health Economics & Outcomes Research (HEOR) Services Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Health Economics & Outcomes Research (HEOR) Services Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Health Economics & Outcomes Research (HEOR) Services Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2028 CAGR |
CAGR of 12.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
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Axtria, Avalon Health Economics, Cardinal Health, ICON, IQVIA, McKesson, MEDLIOR, Optum, PharmaLex, Pharmaceutical Product Development (PPD), RTI Health Solutions, Syneos Health, PAREXEL International Corporation, TCD |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Health Economics & Outcomes Research (HEOR) Services Market is studied from 2017 - 2027.
What is the growth rate of Health Economics & Outcomes Research (HEOR) Services Market?
The Health Economics & Outcomes Research (HEOR) Services Market is growing at a CAGR of 12.8% over the next 5 years.
Who are the key players in Health Economics & Outcomes Research (HEOR) Services Market?
Axtria, Avalon Health Economics, Cardinal Health, ICON, IQVIA, McKesson, MEDLIOR, Optum, PharmaLex, Pharmaceutical Product Development (PPD), RTI Health Solutions, Syneos Health, PAREXEL International Corporation, TCD
What region does this Health Economics & Outcomes Research (HEOR) Services Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Health Economics & Outcomes Research (HEOR) Services Market?
Consultancy, Contract Research Organizations
What are the major end-use applications of Health Economics & Outcomes Research (HEOR) Services Market?
Healthcare Providers, Healthcare Payers, Biotech/Pharma Companies, Government Organizations, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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