The health economics and outcomes research (HEOR) services market was valued at US$ 1,116.38 million in 2019 and it is projected to reach US$ 2,699.56 million by 2027; it is expected to grow at a CAGR of 11.9% from 2020 to 2027.
Health economics and outcomes research (HEOR) services play a significant role in drug approval and reimbursement with payers. The HEOR services allow to evaluate the economics of treatment and quantify the associated results. Likewise, in the healthcare industry, decision-makers experience the pressure to opt for therapeutic ‘interventions’ from various treatment options made available by pharmaceuticals, medical devices, and biotechnology companies. The growth of the overall healthcare economics and outcomes research (HEOR) services market is attributed to the increasing product development and growing healthcare spending. However, restrictions on access to real-world data (RWD) is the major factor hindering the market growth.
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Top Leading companies like
Avalon Health Economics LLC
The healthcare economics and outcomes research (HEOR) services market is expected to witness substantial growth post-pandemic. The global healthcare infrastructure observed limitations and capabilities during the sudden emergence of coronavirus. In order to deal with such situations in years to come, healthcare organizations as well as governments are expected to increase the utilization of HEOR services, which will eventually drive the market growth. Moreover, demand for advanced data analysis technologies are also anticipated to drive the market growth.
Report Introduction, Overview, and In-depth industry analysis
150+ Pages Research Report
Includes List of table & figures
Regional Analysis with Graphical Representation of Size, Share & Trends
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Facts and Factors research methodology
Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
The Health Economics and Outcomes Research (HEOR) Services market is segmented on the basis of service type and end user. Based on service type, the market is segmented as retirement communities, group care homes, nursing care facilities, and home health care providers. On the basis of end user, the market is categorized as male nursing care and female nursing care.
The report is a combination of qualitative and quantitative analysis of the Health Economics and Outcomes Research (HEOR) Services industry. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
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