Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Life Science Analytics Market: By Product: Descriptive Analytics, Predictive Analytics, Prescriptive Analytics; By End Use: Clinical Research Institutions, Pharmaceutical and Biotechnology Companies; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Life Science Analytics Market Outlook

The global life science analytics market attained USD 20 billion in 2020. The market is expected to be valued at USD 35 billion by 2026, growing at a CAGR of 13% in the forecast period 2021-2026.

 

Global Life Science Analytics Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Properties and Applications

The life science analytics industry can be broadly categorised into products, end-uses, and applications.

 

Global Life Science Analytics Market By Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on the products, the industry is divided as:

  • Descriptive Analytics
  • Predictive Analytics
  • Prescriptive Analytics

Based on the end-uses, the industry can be segmented as:

  • Clinical Research Institution
  • Pharmaceuticals and Biotechnology Companies
  • Medical Device Companies
  • Others

Based on application, the industry can be divided into:

  • Research and Development
  • Supply Chain Analytics
  • Sales and Marketing
  • Others

The EMR report looks into the regional markets of life science analytics like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Life Science Analytics Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

The global life science analytics market is driven by the increasing prevalence of chronic diseases, technological advancements and rising demand for improved data standardization. Moreover, the growing adoption of analytics for sales and marketing apps has further enhanced the market growth. The lack of qualified professionals and budget constraints, however, might hamper the growth of the industry in the coming years.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global life science analytics market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Accenture PLC (NYSE: ACN)
  • Cognizant Technology Solutions Corp 
  • IBM Corporation 
  • MaxisIT Inc.
  • Oracle Corporation 
  • IQVIA Holding Inc 
  • SAS Institute Inc.
  • SCIOInspire, Corp.
  • TAKE Solutions Limited 
  • Wipro Limited

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Market Overview
    4.2    Market Analysis
5    Global Life Science Analytics Market Analysis
    5.1    Global Life Science Analytics Historical Market (2016-2020) & Forecast (2021-2026)
    5.2    Global Life Science Analytics Market Breakup by Product
        5.2.1    Descriptive Analytics
        5.2.2    Predictive Analytics
        5.2.3    Prescriptive Analytics
    5.3    Global Life Science Analytics Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
        5.3.1    Descriptive Analytics
        5.3.2    Predictive Analytics
        5.3.3    Prescriptive Analytics
    5.4    Global Life Science Analytics Market Breakup by End Use
        5.4.1    Clinical Research Institutions
        5.4.2    Pharmaceutical and Biotechnology Companies
        5.4.3    Medical Device Companies
        5.4.4    Others
    5.5    Global Life Science Analytics Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
        5.5.1    Clinical Research Institutions
        5.5.2    Pharmaceutical and Biotechnology Companies
        5.5.3    Medical Device Companies
        5.5.4    Others
    5.6    Global Life Science Analytics Market Breakup by Application
        5.6.1    Research and Development
        5.6.2    Supply Chain Analytics
        5.6.3    Sales and Marketing
        5.6.4    Others
    5.7    Global Life Science Analytics Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        5.7.1    Research and Development
        5.7.2    Supply Chain Analytics
        5.7.3    Sales and Marketing
        5.7.4    Others
    5.8    Global Life Science Analytics Market Breakup by Region
        5.8.1    North America
            5.8.1.1    United States of America
            5.8.1.2    Canada
        5.8.2    Europe
            5.8.2.1    Germany
            5.8.2.2    United Kingdom
            5.8.2.3    France
            5.8.2.4    Italy
            5.8.2.5    Others
        5.8.3    Asia Pacific
            5.8.3.1    China
            5.8.3.2    Japan
            5.8.3.3    India
            5.8.3.4    ASEAN
            5.8.3.5    Others
        5.8.4    Latin America
            5.8.4.1    Brazil
            5.8.4.2    Argentina
            5.8.4.3    Mexico
            5.8.4.4    Others
        5.8.5    Middle East & Africa
            5.8.5.1    Saudi Arabia
            5.8.5.2    United Arab Emirates
            5.8.5.3    Nigeria
            5.8.5.4    South Africa
            5.8.5.5    Others
    5.9     Global Life Science Analytics Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        5.9.1    North America
            5.9.1.1    United States of America
            5.9.1.2    Canada
        5.9.2    Europe
            5.9.2.1    Germany
            5.9.2.2    United Kingdom
            5.9.2.3    France
            5.9.2.4    Italy
            5.9.2.5    Others
        5.9.3    Asia Pacific
            5.9.3.1    China
            5.9.3.2    Japan
            5.9.3.3    India
            5.9.3.4    ASEAN
            5.9.3.5    Others
        5.9.4    Latin America
            5.9.4.1    Brazil
            5.9.4.2    Argentina
            5.9.4.3    Mexico
            5.9.4.4    Others
        5.9.5    Middle East & Africa
            5.9.5.1    Saudi Arabia
            5.9.5.2    United Arab Emirates
            5.9.5.3    Nigeria
            5.9.5.4    South Africa
            5.9.5.5    Others
6    SWOT Analysis
    6.1    Overview
    6.2    Strengths
    6.3    Weaknesses
    6.4    Opportunities
    6.5    Threats
7    Porter’s Five Forces Analysis
    7.1    Overview
    7.2    Buyer’s Power
    7.3    Supplier’s Power
    7.4    New Entrants
    7.5    Degree of Rivalry
    7.6    Substitutes
8    Key Players & Company Profiles
    8.1    Accenture PLC (NYSE: ACN)
    8.2    Cognizant Technology Solutions Corp (NASDAQ: CTSH)
    8.3    IBM Corporation (NYSE: IBM)
    8.4    MaxisIT Inc.
    8.5    Oracle Corporation (NYSE: ORCL)
    8.6    IQVIA Holding Inc (NYSE: IQV)
    8.7    SAS Institute Inc.
    8.8    SCIOInspire, Corp.
    8.9    TAKE Solutions Limited (NSE: TAKE)
    8.10    Wipro Limited (NSE: WIPRO)
9    Events and Developments

Key Questions Answered in the Report

In 2020, the global life science analytics market attained a value of nearly USD 20 billion.

The market is projected to grow at a CAGR of 13% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 35 billion by 2026.

The major drivers of the industry, such as growing digitalisation, increasing prevalence of chronic diseases, and improved data standardisation to manage large amount of datasets, are expected to aid the market growth.

The growing adoption of cloud-based services and connected devices in the healthcare sector and rapid technological advancements are the key market trends guiding the growth of the industry.

The major regional markets of life science analytics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The leading products of life science analytics in the industry are descriptive analytics, predictive analytics, and prescriptive analytics.

The major end use segments of the product include clinical research institution, pharmaceuticals and biotechnology companies, and medical device companies, among others.

Research and development, supply chain analytics, and sales and marketing, among others, are the significant application segments in the industry.

The major players in the industry are Accenture PLC, Cognizant Technology Solutions Corp., IBM Corporation, MaxisIT Inc., Oracle Corporation, IQVIA Holding Inc., SAS Institute Inc., SCIOInspire, Corp., TAKE Solutions Limited, and Wipro Limited.

Analyst Review

The global life science analytics market attained a value of USD 20 billion in 2020, driven by the growing impact of digitalisation, increasing prevalence of chronic diseases, and improving data standardisation. Aided by growing adoption of cloud-based services in the healthcare sector and rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 13%. The industry is projected to reach USD 35 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on products, the life science analytics industry can be segmented into descriptive analytics, predictive analytics, and prescriptive analytics. On the basis of end uses, the industry is segmented into clinical research institution, pharmaceuticals and biotechnology companies, medical device companies, and others. On the basis of application, the industry can be segmented into research and development, supply chain analytics, sales and marketing, and others. The major regional markets for the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Accenture PLC, Cognizant Technology Solutions Corp., IBM Corporation, MaxisIT Inc., Oracle Corporation, IQVIA Holding Inc., SAS Institute Inc., SCIOInspire, Corp., TAKE Solutions Limited, and Wipro Limited, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3199     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$ 4199     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5199     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Digital Health Market Report and Forecast 2021-2026


Global IoT in Healthcare Market Report and Forecast 2021-2026


Global Chiropractic Software Market Report and Forecast 2021-2026



Global Healthcare Big Data Analytics Market Report and Forecast 2021-2026


NEWSLETTER