Genomic Data Set for Real World Evidence (RWE) Applications Market Size, Share, By Genomic Data Type (Whole Genome Sequencing (WGS), Whole Exome Sequencing (WES), and Targeted Sequencing), By Data (Structured Data, and Unstructured Data), By Patient Records (Electronic Health Records (EHRs), Claims Data, Patient Reported Outcomes (PROs)), By Application (Oncology, Cardiovascular, Neurology, Immunology, and Others), and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI531424 | Publish Date: June 2024 | No. of Pages: 185

Genomic Data Set For Real World Evidence Rwe Applications Market Size

The Genomic Data Set for Real World Evidence (RWE) Applications Market Size was valued at US$ 514.0 million in 2024 and is expected to grow at a CAGR of 16.2% to reach US$ 2124.4 million by 2034

The Genomic Data Sets for Applications in Real World Evidence (RWE) market uses patients' medical histories, treatment outcomes, and anonymized genetic data. Researchers can derive powerful insights beyond traditional clinical research by analyzing these combined records. They can uncover genetic markers associated with certain conditions, establish novel therapeutic targets, and predict a patient's reaction to a treatment based on their genetic composition. Allowing doctors to tailor therapies based on each patient's unique genetic profile enhances personalized medicine and may even produce superior outcomes. Moreover, RWE derived from genetic data has the potential to influence healthcare payment decisions, direct regulatory actions, and improve post-market pharmaceutical monitoring.