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> Healthcare> Life Science Analytics Market
Healthcare HE0259 January 2020 Share

Life Science Analytics Market

Life Science Analytics market is expected to grow from USD 20.45 billion in 2019 to USD 45.75 billion by 2026 at a CAGR of 12% from 2020 to 2026.

Life science is a division of science that deals with the study of living creatures that contain botany, zoology, biology, microbiology, etc. The Healthcare industry and bioscience have been generating a great deal of knowledge associated with patient profiles, research projects, compliance, and monitoring necessities over the amount. The main issues for the development of the life sciences analytics market include the rising adoption of analytics solutions in pharmaceuticals and clinical trials, growing pressure to scale back healthcare spending, the need for improved patient outcomes, and therefore the emergence of advanced analytics methods in bioscience companies. Furthermore, pharmaceutical and biomedical companies have begun to understand real benefits from this evolving data ecosystem, using cloud-based storage and distributed computing power platforms. With the implementation of knowledge analytics tools, drug manufacturers, and other stakeholders within the bioscience industry are developing insightful diagnoses and coverings, delivering higher quality care at lower costs, and achieving better overall outcomes. The global market is segregated on the basis of Type as Descriptive Analytics, Predictive Analytics, and Prescriptive Analytics. Based on Component the global market is segmented in Services and Software. Based on Delivery Mode the global market is segmented in the On-premise model and On-demand model. Based on Application, the global market is segmented in Research & Development, Preclinical Trials, Clinical Trials, Sales & Marketing, Regulatory Compliance, Supply Chain Optimization, and Pharmacovigilance. The report also bifurcates the global Life Science Analytics market based on End User in Pharmaceutical & Biotechnology Companies, Medical Device Companies, Research Centers, and Third-party Administrators.

The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

SAS Institute Inc., IBM Corporation, Oracle Corporation, Iqvia, Accenture, Cognizant, Maxisit, Scio Health Analytics, Take Solutions, Wipro Limited, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Life Science Analytics market has been segmented as below:

By Type

  • Descriptive Analytics
  • Predictive Analytics 
  • Prescriptive Analytics

By Component

  • Services
  • Software

By Delivery Mode

  • On-premise model
  • On-demand model

By Application

  • Research & Development
  • Preclinical Trials
  • Clinical Trials
  • Sales & Marketing
  • Regulatory Compliance 
  • Supply Chain Optimization
  • Pharmacovigilance

By End-User

  • Pharmaceutical & Biotechnology Companies 
  • Medical Device Companies
  • Research Centers
  • Third-party Administrators

By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of The World

By Company

  • SAS Institute Inc.
  • IBM Corporation
  • Oracle Corporation
  • Iqvia
  • Accenture
  • Cognizant
  • Maxisit
  • Scio Health Analytics
  • Take Solutions
  • Wipro Limited

The report covers the below scope:

  • Global market sizes from 2020 to 2026, along with CAGR for 2020-2026
  • Market size comparison for 2020 vs 2026, with actual data for 2020, estimates for 2021 and forecast from 2022 to 2026
  • Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2020
  • Estimated year - 2021
  • Projected year - 2022
  • Forecast period - 2022 to 2026

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include SAS Institute Inc., IBM Corporation, Oracle Corporation, Iqvia, Accenture, Cognizant, Maxisit, Scio Health Analytics, Take Solutions, Wipro Limited, and others.

Why Buy this Report:

  • Gain detailed insights on the Life Science Analytics industry trends
  • Find a complete analysis of the market status
  • Identify the market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

  1. Life Science Analytics Market, By Type

            5.1 Introduction

            5.2 Descriptive Analytics

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Predictive Analytics 

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 Prescriptive Analytics

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

  1. Life Science Analytics Market, By Component

            6.1 Introduction

            6.2 Services

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Software

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

  1. Life Science Analytics Market, By Delivery Mode

            7.1 Introduction

            7.2 On-premise model

                        7.2.1 Market Overview

                        7.2.2 Market Size and Forecast

            7.3 On-demand model

                        7.3.1 Market Overview

                        7.3.2 Market Size and Forecast

  1. Life Science Analytics Market, By Application

            8.1 Introduction

            8.2 Research & Development

                        8.2.1 Market Overview

                        8.2.2 Market Size and Forecast

            8.3 Preclinical Trials

                        8.3.1 Market Overview

                        8.3.2 Market Size and Forecast

            8.4 Clinical Trials

                        8.4.1 Market Overview

                        8.4.2 Market Size and Forecast

            8.5 Sales & Marketing

                        8.5.1 Market Overview

                        8.5.2 Market Size and Forecast

            8.6 Regulatory Compliance 

                        8.6.1 Market Overview

                        8.6.2 Market Size and Forecast

            8.7 Supply Chain Optimization

                        8.7.1 Market Overview

                        8.7.2 Market Size and Forecast

            8.8 Pharmacovigilance

                        8.8.1 Market Overview

                        8.8.2 Market Size and Forecast

  1. Life Science Analytics Market, By End User

            9.1 Introduction

            9.2 Pharmaceutical & Biotechnology Companies 

                        9.2.1 Market Overview

                        9.2.2 Market Size and Forecast

            9.3 Medical Device Companies

                        9.3.1 Market Overview

                        9.3.2 Market Size and Forecast

            9.4 Research Centers

                        9.4.1 Market Overview

                        9.4.2 Market Size and Forecast

            9.5 Third-party Administrators

                        9.5.1 Market Overview

                        9.5.2 Market Size and Forecast

  1. Life Science Analytics Market, By Geography

            10.1 Introduction

            10.2 Europe

                        10.2.1 Europe Market, By Type

                        10.2.2 Europe Market, By Component

                        10.2.3 Europe Market, By Delivery Mode

                        10.2.4 Europe Market, By Application

                        10.2.5 Europe Market, By End User

                        10.2.6 Europe Market, By End-use

            10.3 North America

                        10.3.1 North America Market, By Type

                        10.3.2 North America Market, By Component

                        10.3.3 North America Market, By Delivery Mode

                        10.3.4 North America Market, By Application

                        10.3.5 North America Market, By End User

                        10.3.6 North America Market, By End-use

            10.4 Asia Pacific

                        10.4.1 Asia Pacific Market, By Type

                        10.4.2 Asia Pacific Market, By Component

                        10.4.3 Asia Pacific Market, By Delivery Mode

                        10.4.4 Asia Pacific Market, By Application

                        10.4.5 Asia Pacific Market, By End User

                        10.4.6 Asia Pacific Market, By End-use

            10.5 Rest of The World

                        10.5.1 Rest of The World Market, By Type

                        10.5.2 Rest of The World Market, By Component

                        10.5.3 Rest of The World Market, By Delivery Mode

                        10.5.4 Rest of The World Market, By Application

                        10.5.5 Rest of The World Market, By End User

                        10.5.6 Rest of The World Market, By End-use

  1. Competitive Insights

            11.1 Key Insights

            11.2 Company Market Share Analysis

            11.3 Strategic Outlook

                        11.3.1 Mergers & Acquisitions

                        11.3.2 New Product Development

                        11.3.3 Portfolio/Production Capacity Expansions

                        11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        11.3.5 Others

  1. Company Profiles

(Overview, Key Financials, Recent Developments, Product and Service Offering)

  • SAS Institute Inc.
  • IBM Corporation
  • Oracle Corporation
  • Iqvia
  • Accenture
  • Cognizant
  • Maxisit
  • Scio Health Analytics
  • Take Solutions
  • Wipro Limited

The global Life Science Analytics market has been segmented as below:

By Type

  • Descriptive Analytics
  • Predictive Analytics 
  • Prescriptive Analytics

By Component

  • Services
  • Software

By Delivery Mode

  • On-premise model
  • On-demand model

By Application

  • Research & Development
  • Preclinical Trials
  • Clinical Trials
  • Sales & Marketing
  • Regulatory Compliance 
  • Supply Chain Optimization
  • Pharmacovigilance

By End User

  • Pharmaceutical & Biotechnology Companies 
  • Medical Device Companies
  • Research Centers
  • Third-party Administrators

By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of The World

By Company

  • SAS Institute Inc.
  • IBM Corporation
  • Oracle Corporation
  • Iqvia
  • Accenture
  • Cognizant
  • Maxisit
  • Scio Health Analytics
  • Take Solutions
  • Wipro Limited

FAQ's

The global Forensic Equipment and Supplies market size is expected to surpass USD 45.75 billion by 2026.

Thermo Fisher Scientific , SCIEX , PerkinElmer , Agilent Technologies , Waters Corporation , GE Healthcare , QIAGEN NV, Spectris , Air Science , Lynn Peavey Company., Blackford Inc are among the key players in the global Forensic Equipment and Supplies market. We provide minimum 15 company profile in the report.

The sales & marketing segment dominating is dominating the market with the share in 2019..

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Market Reports Library offers report customizations according to the client requirements, as we understand that the client requirements may not be solely satisfied by our syndicated reports. We offer a dedicated team for the customizations offering maximum value output for the money spent by client. The modifications of report scope and additional insights are provided free as post-sale support to an extent of 10% of the report cost.

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