Global Real World Evidence Solutions Market Insights, Size and Growth Forecast To 2027
The global RWE solutions market is expected to grow at a CAGR of ~13.5% from 2021 to reach ~2.48 billion by 2027. The growth is primarily attributed to growing geriatric population, prevalence of chronic diseases, emphasis on value-based healthcare, increasing R&D investments, regulatory support and slow-paced drug development. However, factors such as lack of methodological standards and less trust real world studies can hinder the growth of this market. Rising focus on end-to-end real-world services and emerging markets offer significant growth opportunities. However, lack of organized data poses key challenge in this market. By Component: Services segment registered largest share in 2020 Based on component, RWE solutions market is segmented into data sets and services. Services segment accounted for largest share of RWE solutions market in 2020. The large share of this segment can be mainly attributed to growing concern to pace up the drug development pr...