Spain Real World Evidence Solutions Market Size & Outlook
Spain real world evidence solutions market, 2018-2030 (US$M)
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Spain real world evidence solutions market highlights
- The Spain real world evidence solutions market generated a revenue of USD 74.8 million in 2023 and is expected to reach USD 124.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.6% 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 74.8 million |
| Market revenue in 2030 | USD 124.6 million |
| Growth rate | 7.6% (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, Spain accounted for 2.9% 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 57.62% in 2023. Horizon Databook has segmented the Spain real world evidence solutions market based on services, data sets covering the revenue growth of each sub-segment from 2018 to 2030.
An increase in RWD coupled with growing adoption of RWE solutions is one of the key factors augmenting growth of the RWE solutions market in Spain. Increasing pressure on healthcare facilities to manage the cost and time as well as a large patient pool in the country will further create lucrative growth opportunities for the RWE solutions market.
Moreover, the evolution of IT and rising number of supportive federal initiatives will act as important drivers. RWE solutions are used for a wide variety of purposes, such as drug development lifecycles, reducing cost of clinical trials, shortening development timelines, enhancing regulatory success, and others.
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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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Spain real world evidence solutions market size, by component, 2018-2030 (US$M)
Spain Real World Evidence Solutions Market Outlook Share, 2023 & 2030 (US$M)
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