REAL WORLD DATA
Year: 2024
Type: article
Abstract: Clinical evidence is increasingly coming from real-world data (RWD). RWD are generated and utilized by a wide range of stakeholders, including biopharmaceutical companies, payers, clinical researchers, providers and patients. The despite of fact that drug regulation is the most well-known application for them. We outline 21 possible applications for RWD in the field of health care in this review. We also go over significant obstacles and constraints that pertain to turning in these facts into proof. Reduced costs, improve evidence in clinical trials, accelerate development of new drugs and medical devices, holistic optimization of the healthcare system, regulatory support, healthcare quality improvement, personalized medicine, diverse data sources, large sample sizes. Data quality issues, lack of control, missing data, regulatory challenges, time consuming data cleaning, limited granularity, potential for misuse.
Author: Tejaswini Mallepula, Mrs.J.Bharathi, Dr.K.Venu Gopal
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6949640600
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