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Global Health Economics and Outcomes Research (HEOR) Market: By Drugs: Developing Drugs, Branded Drugs; By Service: Real World Evidence, Payer Evidence, Others; By Offering; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Health Economics and Outcomes Research (HEOR) Market Outlook
The global health economics and outcomes research (HEOR) industry attained a value of USD 1.3 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 13% to reach USD 2.75 billion by 2026.
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North America to be among the Leading Regions for Health Economics and Outcome Research (HEOR) Market
North America region has been laying emphasis on the value-based care and excellent results in pharmaceutical research. The United States has active presence of many key players which are involved in drug research and favourable government regulations for HEOR services. These factors have helped North America to emerge as one of the largest regional market for HEOR. Europe is also likely to have substantial growth owing to the higher usage of advanced drugs and treatment methods. The regulations that are supporting the accessibility of the health services in Europe have also helped HEOR services.
Health Economics and Outcomes Research (HEOR): Industry Definition and Segmentation
Health economics and outcomes research (HEOR) refer to the services utilised by healthcare and pharma businesses in order to find the value, cost and cost-effectiveness of the products or techniques. The healthcare and pharmaceutical companies are able to make more informed strategic decisions for their products with the help of observational data, price comparison and other market indicators.
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Based on drugs, the HEOR industry is divided into:
- Developing Drugs
- Branded Drugs
On the grounds of service, market is segmented into:
- Real World Evidence
- Payer Evidence
- Pricing and Reimbursement
- Epidemiology Studies
- Market Access
- Others
The market is divided on the basis of offering into:
- Outsourced
- In-house
The industry finds its end use in the following:
- Healthcare Providers
- Government Organizations
- Pharma and Biotech Companies
- Healthcare Payers
- Others
The regional markets for health economics and outcomes research (HEOR) industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Drug Development and Clinical Trials to Bolster the Health Economics and Outcomes Research (HEOR) Market
The pharmaceutical industry is witnessing rapid growth in the recent years. The increasing drug development is driving the demand for HEOR industry. With development of new drugs in the pharmaceutical industry, there has been a surge in the number of clinical trials required. Health economics and outcomes research help the clinical development by providing valuable information regarding specific drugs such as accessibility to the population and comparative pricing of rival drugs. The price for a new drug developed and revision of prices of existing drugs is done with the aid of HEOR services which is providing impetus to the growth of industry.
Key Industry Players in the Health Economics and Outcomes Research (HEOR) Market
The report gives a detailed analysis of the following key players in the health economics and outcomes research (HEOR) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- IQVIA Inc.
- Medpace, Inc.
- Certara, Inc.
- Syneos Health
- McKesson Corporation
- Optum, Inc
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Health Economics and Outcomes Research (HEOR) Market Analysis
8.1 Key Industry Highlights
8.2 Global Health Economics and Outcomes Research (HEOR) Historical Market (2016-2020)
8.3 Global Health Economics and Outcomes Research (HEOR) Market Forecast (2021-2026)
8.4 Global Health Economics and Outcomes Research (HEOR) Market by Drugs
8.4.1 Developing Drugs
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Branded Drugs
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Health Economics and Outcomes Research (HEOR) Market by Service
8.5.1 Real World Evidence
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Payer Evidence
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Pricing and Reimbursement
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Epidemiology Studies
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Market Access
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Others
8.6 Global Health Economics and Outcomes Research (HEOR) Market by Offering
8.6.1 Outsourced
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 In-house
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.7 Global Health Economics and Outcomes Research (HEOR) Market by End Use
8.7.1 Healthcare Providers
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2016-2020)
8.7.1.3 Forecast Trend (2021-2026)
8.7.2 Government Organizations
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2016-2020)
8.7.2.3 Forecast Trend (2021-2026)
8.7.3 Pharma and Biotech Companies
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2016-2020)
8.7.3.3 Forecast Trend (2021-2026)
8.7.4 Healthcare Payers
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2016-2020)
8.7.4.3 Forecast Trend (2021-2026)
8.7.5 Others
8.8 Global Health Economics and Outcomes Research (HEOR) Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country Kingdom
9.2.3.1 United
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Cost Analysis
12.1 Manpower
12.2 Overheads
12.3 Software
12.4 Database Access
12.5 Others
13 Procurement Strategy
13.1 Sourcing Model
13.2 Engagement Model
13.3 Pricing Model
14 Billing Rates
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 IQVIA Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Medpace, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Certara, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Syneos Health
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 McKesson Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Optum, Inc
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Industry Events and Developments
List of Figures and Tables
1. Global Health Economics and Outcomes Research (HEOR) Market: Key Industry Highlights, 2016 and 2026
2. Global Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Drug (USD Billion), 2016-2020
3. Global Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Drug (USD Billion), 2021-2026
4. Global Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Services (USD Billion), 2016-2020
5. Global Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Services (USD Billion), 2021-2026
6. Global Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Offering (USD Billion), 2016-2020
7. Global Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Offering (USD Billion), 2021-2026
8. Global Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by End Use (USD Billion), 2016-2020
9. Global Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by End Use (USD Billion), 2021-2026
10. Global Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Region (USD Billion), 2016-2020
11. Global Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Region (USD Billion), 2021-2026
12. North America Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Country (USD Billion), 2016-2020
13. North America Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Europe Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Europe Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Asia Pacific Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Asia Pacific Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Latin America Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Latin America Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Middle East and Africa Health Economics and Outcomes Research (HEOR) Historical Market: Breakup by Country (USD Billion), 2016-2020
21. Middle East and Africa Health Economics and Outcomes Research (HEOR) Market Forecast: Breakup by Country (USD Billion), 2021-2026
22. Global Health Economics and Outcomes Research (HEOR) Market Structure
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