Middle East and Africa 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, an

Middle East and Africa 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 the Middle East and Africa is expected to reach US$ 37.8 million by 2027 from US$ 26.8 million in 2020; it is estimated to grow at a CAGR of 5.0% from 2020 to 2027. Precision medicine is an emerging segment in the healthcare sector. Despite huge R&D efforts in many countries across the world, there is a lack of evidence, thresholds, and reimbursement policies. Various researchers, payers, healthcare service providers, and medical companies are working toward applying their insights of personalized or precision medicines in early drug development and their consequences for health technology assessment. Considering the abovementioned factors, there are broader growth opportunities for HEOR service providers to enhance their services for strategy and consulting, real-world evidence, modelling and microsimulation, and evidence synthesis applications associated with precision medicine. In addition, the HEOR guidelines and frameworks can further clarify the outcomes caused by regulatory and reimbursement policies for the precision medicine applications, along with and their impacts. Moreover, they are expected to guide research investments to enhance the appropriate use of precision medicine. The HEOR market is expected to have vital growth opportunities in the Middle East and Africa region. Healthcare players in this region are explicitly putting efforts for incorporating precision medicine in hospital settings as soon as possible.

The market for Middle East and Africa 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.

Economic uncertainties and ongoing conflicts are worsening the conditions in the Middle East and Africa. Countries such as Syria, Libya, and Yemen are not in position to implement any public health measures as they are suffering violent conflict. Iran was in deep economic recession due to the US sanctions. Oil production and export is a major source of economic stabilization in Middle East. However, the COVID-19 pandemic is causing turbulence in the countries in this region. A sudden drop in domestic and external demand for crude oil and other goods and products, and halted production due to labor shortage are major difficulties faced by countries in this region. Despite the temporary solutions to these impacts, the region is likely to witness medium- and long-term consequences in the coming years. With many laboratory and research services under acute pressure, the market for HEOR services is expected to grow at a steady rate in the region.

The overall Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa Health economics and outcomes research (HEOR) services market. Axtria, Inc., Avalon Health Economics LLC, PHARMALEX GMBH, ICON PLC, IQVIA Inc., McKESSON CORPORATION, and Syneos Health are among a few players operating in the Middle East and Africa 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 Middle East and Africa Health economics and outcomes research (HEOR) services market.
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The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa Health economics and outcomes research (HEOR) services market, thereby allowing players across the value chain to develop effective long-term strategies
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Scrutinize in-depth Middle East and Africa market trends and outlook coupled with the factors driving the health economics and outcomes research (HEOR) services market, as well as those hindering it
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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 Middle East and Africa Health Economics and Outcomes Research (HEOR) Services Market – By Country
2. Middle East and Africa 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. Middle East and Africa 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- Middle East and Africa PEST Analysis
4.3 Expert Opinion
5. Middle East and Africa 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 – Middle East and Africa Analysis
6.1 Middle East and Africa Health Economics and Outcomes Research (HEOR) Services Market Revenue Forecasts and Analysis
7. Middle East and Africa 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. Middle East and Africa 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. Middle East and Africa 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 Middle East & Africa: Health Economics and Outcomes Research Services (HEOR) Market
10.1.1 Overview
10.1.2 Middle East & Africa: Health Economics and Outcomes Research Services (HEOR) Market Share by Country – 2019 & 2027, (%)
10.1.3 UAE: Health Economics and Outcomes Research Services (HEOR) Market- Revenue and Forecasts to 2027 (USD Million)
10.1.3.1 UAE: Health Economics and Outcomes Research Services (HEOR) Market- Revenue and Forecasts to 2027 (USD Million)
10.1.3.2 UAE: Health Economics and Outcomes Research Services (HEOR) Market, by Service, 2018 -2027 (USD Million)
10.1.3.3 UAE: Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider, 2018-2027 (USD Million)
10.1.3.4 UAE: Health Economics and Outcomes Research Services (HEOR) Market, by End User, 2018-2027 (USD Million)
10.1.4 Saudi Arabia: Health Economics and Outcomes Research Services (HEOR) Market- Revenue and Forecasts to 2027 (USD Million)
10.1.4.1 Saudi Arabia: Health Economics and Outcomes Research Services (HEOR) Market- Revenue and Forecasts to 2027 (USD Million)
10.1.4.2 Saudi Arabia: Health Economics and Outcomes Research Services (HEOR) Market, by Service, 2018 -2027 (USD Million)
10.1.4.3 Saudi Arabia: Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider, 2018-2027 (USD Million)
10.1.4.4 Saudi Arabia: Health Economics and Outcomes Research Services (HEOR) Market, by End User, 2018-2027 (USD Million)
10.1.5 South Africa: Health Economics and Outcomes Research Services (HEOR) Market - Revenue and Forecasts to 2027 (USD Million)
10.1.5.1 South Africa: Health Economics and Outcomes Research Services (HEOR) Market- Revenue and Forecasts to 2027 (USD Million)
10.1.5.2 South Africa: Health Economics and Outcomes Research Services (HEOR) Market, by Service, 2018 -2027 (USD Million)
10.1.5.3 South Africa: Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider, 2018-2027 (USD Million)
10.1.5.4 South Africa: Health Economics and Outcomes Research Services (HEOR) Market, by End User, 2018-2027 (USD Million)
10.1.6 Rest of Middle East and Africa: Health Economics and Outcomes Research Services (HEOR) Market - Revenue and Forecasts to 2027 (USD Million)
10.1.6.1 Rest of Middle East and Africa: Health Economics and Outcomes Research Services (HEOR) Market- Revenue and Forecasts to 2027 (USD Million)
10.1.6.2 Rest of Middle East and Africa: Health Economics and Outcomes Research Services (HEOR) Market, by Service, 2018 -2027 (USD Million)
10.1.6.3 Rest of Middle East and Africa: Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider, 2018-2027 (USD Million)
10.1.6.4 Rest of Middle East and Africa: Health Economics and Outcomes Research Services (HEOR) Market, by End User, 2018-2027 (USD Million)
11. Impact Of COVID-19 Pandemic on Middle East and Africa Health Economics and Outcomes Research (HEOR) Services Market
11.1 Middle East and Africa: 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 ICON PLC
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 IQVIA Inc.
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 McKESSON CORPORATION
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 Syneos Health
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
14. Appendix
14.1 About the Insight Partners
14.2 Glossary of Terms
List of Tables
Table 1. UAE Health Economics and Outcomes Research Services (HEOR) Market, by Service– Revenue And Forecast To 2027 (USD Million)
Table 2. UAE Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider – Revenue and Forecast to 2027(USD Million)
Table 3. UAE Health Economics and Outcomes Research Services (HEOR) Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 4. Saudi Arabia Health Economics and Outcomes Research Services (HEOR) Market, by Service– Revenue And Forecast To 2027 (USD Million)
Table 5. Saudi Arabia Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider – Revenue and Forecast to 2027(USD Million)
Table 6. Saudi Arabia Health Economics and Outcomes Research Services (HEOR) Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 7. South Africa Health Economics and Outcomes Research Services (HEOR) Market, by Service– Revenue And Forecast To 2027 (USD Million)
Table 8. South Africa Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider – Revenue and Forecast to 2027(USD Million)
Table 9. South Africa Health Economics and Outcomes Research Services (HEOR) Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 10. Rest of Middle East and Africa Health Economics and Outcomes Research Services (HEOR) Market, by Service– Revenue And Forecast To 2027 (USD Million)
Table 11. Rest of Middle East and Africa Health Economics and Outcomes Research Services (HEOR) Market, by Service Provider – Revenue and Forecast to 2027(USD Million)
Table 12. Rest of Middle East and Africa Health Economics and Outcomes Research Services (HEOR) Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 13. Recent Inorganic Growth Strategies in The Health Economics and Outcomes Research Services Market
Table 14. Recent Organic Growth Strategies in The Health Economics and Outcomes Research Services Market
Table 15. 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. Middle East and Africa 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. Saudi Arabia is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Health Economics and Outcomes Research (HEOR) Services Market - Middle East and Africa PEST Analysis
Figure 6. Health Economics and Outcomes Research (HEOR) Services Market Impact Analysis of Driver and Restraints
Figure 7. Middle East and Africa 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. Middle East & Africa: Health Economics and Outcomes Research Services (HEOR) Market, By Key Country – Revenue (2019) (USD Million)
Figure 22. Middle East & Africa: Health Economics and Outcomes Research Services (HEOR) Market Share by Country – 2019 & 2027, (%)
Figure 23. UAE: Health Economics and Outcomes Research Services (HEOR) Market- Revenue and Forecasts To 2027 (USD Million)
Figure 24. Saudi Arabia: Health Economics and Outcomes Research Services (HEOR) Market- Revenue And Forecasts To 2027 (USD Million)
Figure 25. South Africa: Health Economics and Outcomes Research Services (HEOR) Market- Revenue And Forecasts To 2027 (USD Million)
Figure 26. Rest of Middle East and Africa: Health Economics and Outcomes Research Services (HEOR) Market- Revenue And Forecasts To 2027 (USD Million)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 28. Growth Strategies Done by the Companies in the Market, (%)

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