UK Real World Evidence Solutions Market Size & Outlook
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UK real world evidence solutions market highlights
- The UK real world evidence solutions market generated a revenue of USD 140.9 million in 2024 and is expected to reach USD 293.5 million by 2033.
- The UK market is expected to grow at a CAGR of 8.6% from 2025 to 2033.
- In terms of segment, services was the largest revenue generating component in 2024.
- 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 2024 | USD 140.9 million |
| Market revenue in 2033 | USD 293.5 million |
| Growth rate | 8.6% (CAGR from 2025 to 2033) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| 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, UK accounted for 5.0% of the global real world evidence solutions market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Europe, Germany real world evidence solutions market is projected to lead the regional market in terms of revenue in 2033.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 464.1 million by 2033.
Services was the largest segment with a revenue share of 62.1% in 2024. Horizon Databook has segmented the UK real world evidence solutions market based on services, data sets covering the revenue growth of each sub-segment from 2021 to 2033.
One of the key factors contributing to market growth in the UK is the country’s large geriatric population. According to the UK government, the number of people within the age group of 60 years to 64 years. The increasing geriatric population is likely to fuel market growth, as the aging population is at greater risk of chronic illnesses, which increases the rate of hospitalization in this group.
According to a report published in the NCBI, individuals aged over 50 years are more likely to suffer from chronic diseases such as intracranial stenosis and idiopathic intracranial stenosis, as with age, blood vessels deteriorate.
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Real World Evidence Solutions Market Scope
Real World Evidence Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Syneos Health | View profile | 1001-5000 | Morrisville, North Carolina, United States, North America | https://www.syneoshealth.com/ |
| PAREXEL | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.parexel.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Medpace Holdings Inc | View profile | 5800 | 5375 Medpace Way, Cincinnati, OH, United States, 45227 | https://www.medpace.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
UK real world evidence solutions market size, by component, 2021-2033 (US$M)
UK Real World Evidence Solutions Market Outlook Share, 2024 & 2033 (US$M)
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