Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Service (Economic Modelling/Evaluation, Real-world Data Analysis and Information Systems, Clinical Outcome, and Market A

Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Service (Economic Modelling/Evaluation, Real-world Data Analysis and Information Systems, Clinical Outcome, and Market Access Solutions and Reimbursement); Service Provider (Consultancy, and Contract Research Organizations); End User (Healthcare Providers, Healthcare Payers, Biotech/Pharma Companies, and Government Organizations)

The health economics and outcomes research (HEOR) services market in Asia Pacific is expected to grow from US$ 110.0 million in 2020 to US$ 212.2 million by 2027; it is estimated to grow at a CAGR of 9.8% from 2020 to 2027. HEOR plays a vital role in providing comparative evidence for choosing products and services. Selecting the appropriate product or service would assist in improving patients' health outcomes with justified healthcare spending. It provides the most valued insights that lead to reduced waste of products, services, and money. Such evidence is essential to identify the best deployment policies for healthcare budgets that would benefit patients. The HEOR services would also help healthcare service providers to pay attention to uncertain spending on unnecessary surgeries and clinical procedures. The consultation by HEOR is likely to encourage the use of generic drugs, increase focus on updating nursing skills of nurses to manage chronic conditions of patients, and ensure no hospital stays for patients who do not require hospital care and can be treated with fewer resources as primary care. Thus, growing healthcare expenditure is likely to influence the HEOR service market's growth during the forecast period.

The market for Asia Pacific Health economics and outcomes research (HEOR) services market is segmented into service, service provider, and end user. Based on the service, in 2019, the clinical outcome segment held the largest share of the market whereas the real-world data analysis and information systems segment is expected to dominate the market share with the fastest CAGR during the forecast period. The growth of market is estimated to be driven by extensively increasing awareness of real-world data analysis and information systems. In addition, the companies are also engaged in the implementation of various strategies to prove their existence in the markets, which is generating a significant market potential.

The COVID-19 pandemic has put a major strain on the health systems in many countries in Asia Pacific, mainly due to the limited and of substandard testing facilities in the initial phase of the pandemic, which led to a surge in the COVID-19 cases. However, countries such as South Korea, Japan, and Singapore managed to control the situation through robust tracking and testing. India has the second-highest number of cases in the world after the US. Treating patients of COVID-19 has dominated the healthcare system’s attention and resource allocation since the second quarter of 2020. India is further increasing its testing capacity and focusing its efforts on conducting vaccination drives. As per the Our World in Data, as of 13 February 2021, ~8.2 million doses have been administered in India. This is bolstering the demand for HEOR services in the region for better outcome analysis.

The overall Asia Pacific Health economics and outcomes research (HEOR) services market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia Pacific Health economics and outcomes research (HEOR) services market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific Health economics and outcomes research (HEOR) services market. Axtria, Inc., Avalon Health Economics LLC, PHARMALEX GMBH, Analysis Group, ICON PLC, IQVIA Inc., McKESSON CORPORATION, and Syneos Health are among a few players operating in the Asia Pacific Health economics and outcomes research (HEOR) services market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Health economics and outcomes research (HEOR) services market.
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Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the health economics and outcomes research (HEOR) services market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution


1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Health Economics and Outcomes Research (HEOR) Services Market – By Service
1.3.2 Health Economics and Outcomes Research (HEOR) Services Market – By Service Provider
1.3.3 Health Economics and Outcomes Research (HEOR) Services Market – By End User
1.3.4 Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market – By Country
2. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Health Economics and Outcomes Research (HEOR) Services Market- Asia Pacific PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Product Development
5.1.2 Growing Healthcare Spending
5.2 Market Restraints
5.2.1 Restrictions on Access to Real-World Data (RWD)
5.3 Market Opportunities
5.3.1 Emergence of Precision Medicines
5.4 Future Trends
5.4.1 Digitalization in Healthcare
5.5 Impact Analysis
6. Health Economics and Outcomes Research (HEOR) Services Market – Asia Pacific Analysis
6.1 Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market Revenue Forecasts and Analysis
7. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market Analysis and Forecasts To 2027 – By Service
7.1 Overview
7.2 Health Economics and Outcomes Research (HEOR) Services Market Share, by Service, 2019 and 2027 (%)
7.3 Economic Modelling/Evaluation
7.3.1 Overview
7.3.2 Economic Modelling/Evaluation: Health Economics and Outcomes Research (HEOR) Services Market– Revenue and Forecast to 2027 (US$ Million)
7.4 Real-World Data Analysis and Information Systems
7.4.1 Overview
7.4.2 Real-World Data Analysis and Information Systems: Health Economics and Outcomes Research (HEOR) Services Market– Revenue and Forecast to 2027 (US$ Million)
7.5 Clinical Outcome
7.5.1 Overview
7.5.2 Clinical Outcome: Health Economics and Outcomes Research (HEOR) Services Market– Revenue and Forecast to 2027 (US$ Million)
7.6 Market Access Solutions and Reimbursement
7.6.1 Overview
7.6.2 Market Access Solutions and Reimbursement: Health Economics and Outcomes Research (HEOR) Services Market– Revenue and Forecast to 2027 (US$ Million)
8. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market Analysis and Forecasts to 2027– By Service Provider
8.1 Overview
8.2 Health Economics and Outcomes Research (HEOR) Services Market Share, by Service Provider, 2019 and 2027, (%)
8.3 Consultancy
8.3.1 Overview
8.3.2 Consultancy: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Contract Research Organizations
8.4.1 Overview
8.4.2 Contract Research Organizations: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
9. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market Analysis and Forecasts to 2027– By End User
9.1 Overview
9.2 Health Economics and Outcomes Research (HEOR) Services Market Share, by End User, 2019 and 2027, (%)
9.3 Healthcare Providers
9.3.1 Overview
9.3.2 Healthcare Providers: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Healthcare Payers
9.4.1 Overview
9.4.2 Healthcare Payers: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Biotech/Pharma Companies
9.5.1 Overview
9.5.2 Biotech/Pharma Companies: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Government Organization
9.6.1 Overview
9.6.2 Government Organization: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
10. Health Economics and Outcomes Research (HEOR) Services Market Revenue and Forecasts to 2027 – Geographical Analysis
10.1 Asia Pacific: Health Economics and Outcomes Research (HEOR) Services Market
10.1.1 Overview
10.1.2 Asia Pacific: Health Economics and Outcomes Research (HEOR) Services Market, by Country, 2019 & 2027 (%)
10.1.3 China: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.3.1 China: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.3.2 China Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
10.1.3.3 China Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
10.1.3.4 China Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
10.1.4 Japan: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.4.1 Japan: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.4.2 Japan Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
10.1.4.3 Japan Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
10.1.4.4 Japan Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
10.1.5 India: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.5.1 India: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.5.2 India Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
10.1.5.3 India Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
10.1.5.4 India Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
10.1.6 South Korea: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.6.1 South Korea: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.6.2 South Korea Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
10.1.6.3 South Korea Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
10.1.6.4 South Korea Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
10.1.7 Australia: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 Australia: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 Australia Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
10.1.7.3 Australia Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
10.1.7.4 Australia Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
10.1.8 Rest of Asia Pacific: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Rest of Asia Pacific: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Rest of Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
10.1.8.3 Rest of Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
10.1.8.4 Rest of Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
11. Impact Of COVID-19 Pandemic on Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market
11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Inorganic Growth Strategies
12.2.1 Overview
12.3 Organic Growth Strategies
12.3.1 Overview
13. COMPANY PROFILES
13.1 Axtria, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Avalon Health Economics LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 PHARMALEX GMBH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Analysis Group
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 ICON PLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 IQVIA Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 McKESSON CORPORATION
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Syneos Health
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About the Insight Partners
14.2 Glossary of Terms
List of Tables
Table 1. China Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
Table 2. China Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
Table 3. China Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
Table 4. Japan Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
Table 5. Japan Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
Table 6. Japan Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
Table 7. India Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
Table 8. India Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
Table 9. India Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
Table 10. South Korea Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
Table 11. South Korea Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027 (USD Million)
Table 12. South Korea Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 13. Australia Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
Table 14. Australia Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
Table 15. Australia Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
Table 16. Rest of Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market, by Service – Revenue and Forecast to 2027 (USD Million)
Table 17. Rest of Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market, by Service Providers– Revenue and Forecast to 2027(USD Million)
Table 18. Rest of Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market, by End User– Revenue and Forecast to 2027(USD Million)
Table 19. Recent Inorganic Growth Strategies in The Health Economics and Outcomes Research Services Market
Table 20. Recent Organic Growth Strategies in The Health Economics and Outcomes Research Services Market
Table 21. Glossary of Terms, Health Economics and Outcomes Research (HEOR) Services Market
List of Figures
Figure 1. Health Economics and Outcomes Research (HEOR) Services Market Segmentation
Figure 2. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market Overview
Figure 3. Clinical Outcome Segment Held Largest Share of Service in Health Economics and Outcomes Research (HEOR) Services Market
Figure 4. South Korea is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Health Economics and Outcomes Research (HEOR) Services Market - Asia Pacific PEST Analysis
Figure 6. Health Economics and Outcomes Research (HEOR) Services Market Impact Analysis of Driver and Restraints
Figure 7. Asia Pacific Health Economics and Outcomes Research (HEOR) Services Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 8. Health Economics and Outcomes Research (HEOR) Services Market Share, by Service, 2019 and 2027 (%)
Figure 9. Economic Modelling/Evaluation: Health Economics and Outcomes Research (HEOR) Services Market– Revenue and Forecast to 2027 (US$ Million)
Figure 10. Real-World Data Analysis and Information Systems: Health Economics and Outcomes Research (HEOR) Services Market– Revenue and Forecast to 2027 (US$ Million)
Figure 11. Clinical Outcome: Health Economics and Outcomes Research (HEOR) Services Market– Revenue and Forecast to 2027 (US$ Million)
Figure 12. Market Access Solutions and Reimbursement: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Health Economics and Outcomes Research (HEOR) Services Market Share, by Service Provider, 2019 and 2027 (%)
Figure 14. Consultancy: Hospitals Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Contract Research Organizations: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Health Economics and Outcomes Research (HEOR) Services Market Share, by End User, 2019 and 2027 (%)
Figure 17. Healthcare Providers: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Healthcare Payers: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Biotech/Pharma Companies: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Government Organization: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Asia Pacific: Health Economics and Outcomes Research (HEOR) Services Market, by Key Country – Revenue (2019) (USD Million)
Figure 22. Asia Pacific: Health Economics and Outcomes Research (HEOR) Services Market, by Country, 2019 & 2027 (%)
Figure 23. China: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
Figure 24. Japan: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
Figure 25. India: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
Figure 26. South Korea: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
Figure 27. Australia: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
Figure 28. Rest of Asia Pacific: Health Economics and Outcomes Research (HEOR) Services Market – Revenue and Forecast to 2027 (USD Million)
Figure 29. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 30. Growth Strategies Done by the Companies in the Market, (%)

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