Italy Real World Evidence Solutions Market Size & Outlook
Italy real world evidence solutions market, 2018-2030 (US$M)
Related Markets
Italy real world evidence solutions market highlights
- The Italy real world evidence solutions market generated a revenue of USD 78.8 million in 2023 and is expected to reach USD 130.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.5% 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 78.8 million |
| Market revenue in 2030 | USD 130.7 million |
| Growth rate | 7.5% (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, Italy accounted for 3.0% 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 Europe, Germany real world evidence solutions market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 352.8 million by 2030.
Services was the largest segment with a revenue share of 57.61% in 2023. Horizon Databook has segmented the Italy real world evidence solutions market based on services, data sets covering the revenue growth of each sub-segment from 2018 to 2030.
Growing investment on healthcare infrastructure by private healthcare providers and the government is expected to fuel market growth. According to the European Council, in July 2021, approved the finalized version of the Recovery and Resilience Plan (RRP).
Increased number of hospital administration respiratory disease cases, rising awareness regarding sleep apnea, developed health care infrastructure, and established emergency medical facilities across Italy are expected to fuel the market growth.
For instance, according to the WHO data published in 2020, asthma death in Italy has reached 494 total deaths and lung disease death in Italy accounted for around 32,382 total deaths. Owing to this demand for RWE increases which is expected to drive the growth of Italy's RWE 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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Italy real world evidence solutions market size, by component, 2018-2030 (US$M)
Italy Real World Evidence Solutions Market Outlook Share, 2023 & 2030 (US$M)
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