Real World Evidence Solutions Market Projected to Gain Significant Value through 2032

The Real World Evidence Solutions Market is valued at US$ 39.2 billion in 2021 and is predicted to reach US$ 110 billion by the end of 2032 at a CAGR of 10%, according to the most recent analysis released by Future Market Insights. The compound annual growth rate projected is much higher than the historical CAGR of 8.6%. Furthermore, the market is predicted to have a $67.2 billion absolute dollar opportunity over the following ten years. From 2022 through 2032, the services category is estimated to provide a US$ 41 billion absolute dollar opportunity. The services category is predicted to account for the majority of the global market during this time period and to grow at a compound annual growth rate of 10.4%. The pharmaceutical and biotechnology industries are driving market expansion by increasing their use of real-world services. Most medical research use clinical data acquired during ongoing patient care or as part of a formal clinical trial programme as a source of knowledge. A ...