Argentina Real World Evidence Solutions Market Size & Outlook
Argentina real world evidence solutions market, 2018-2030 (US$M)
Related Markets
Argentina real world evidence solutions market highlights
- The Argentina real world evidence solutions market generated a revenue of USD 9.7 million in 2023 and is expected to reach USD 18.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Real world evidence solutions market data book summary
| Market revenue in 2023 | USD 9.7 million |
| Market revenue in 2030 | USD 18.1 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Data Sets |
| Key market players worldwide | IQVIA Holdings Inc, International Business Machines Corp, Thermo Fisher Scientific Inc, PAREXEL, PerkinElmer, Icon PLC, Oracle Corp, Syneos Health, Medpace Holdings Inc |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global real world evidence solutions market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil real world evidence solutions market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 35.6 million by 2030.
Services was the largest segment with a revenue share of 57.73% in 2023. Horizon Databook has segmented the Argentina real world evidence solutions market based on services, data sets covering the revenue growth of each sub-segment from 2018 to 2030.
According to a report released in 2018, major findings of KOL discussions in Argentina revealed fragmented database administration and infrequent utilization of RWE solutions in HTA decisions. While data is frequently collected by separately managed providers, there is currently no mechanism in place to coordinate between databases, discuss findings, or establish links at the regional or national level.
As a result, RWE's generalizability and transferability in Argentina are restricted. In 2020, Argentina was the fourth nation with the highest number of hospitals in Latin America. Thus, growing hospitalization further increases the adoption rate of RWE by private hospitals and further drives the growth of the real-world evidence solutions market.
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Real World Evidence Solutions Market Scope
Real World Evidence Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina real world evidence solutions market size, by component, 2018-2030 (US$M)
Argentina Real World Evidence Solutions Market Outlook Share, 2023 & 2030 (US$M)
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