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  • Published In : Sep 2022
  • Code : CMI5208
  • Pages : 163
  • Formats :
      Excel and PDF
  • Industry : Healthcare IT
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Life sciences analytics is the process of clinical data analysis which provides predictive tools for better patient care. It is an analytical application used in medical device, pharmaceutical, and biotechnological companies, clinical research organizations, and various divisions, such as research, marketing, supply chain, pharmacovigilance, and others. The application of analytics has emerged as a helpful tool for several pharmaceutical, biotechnological, and medical device enterprises, as it helps overcome various challenges and enhance operational efficiency.

Market Dynamics:

Increasing adoption of analytics solutions in pharmaceuticals and clinical trials, emergence of advanced analytics method in life science companies, need for improved patient outcomes, and growing pressure to reduce healthcare spending are some major factors expected to aid in the growth the global life sciences analytics market.

In July 2022, Charles River Associates announced the launch of its new data analytics suite, the Healthcare Claims Analytics Platform (HCAP), at the World Orphan Drug Congress USA 2022 in Boston. Developed by CRA’s Life Sciences Practice, HCAP is a modular, dynamic, data-visualization tool that provides streamlined analysis of patient, Health Care Practitioner, and Health Care Organization data to support insight generation and decision-making.

In February 2020, IQVIA announced the launch of the Avacare Clinical Research Network, a technology-based worldwide site network that allows for extra clinical trials to be conducted at established clinical and research facilities. The Avacare Clinical Research Network expands research and clinical alternatives for patients. According to IQVIA, the analytical techniques allow Avacare's network sites to swiftly and efficiently connect patients to clinical trials.

Key features of the study:

  • This report provides in-depth analysis of the global life sciences analytics market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global life sciences analytics market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Apollo Intelligence, SERMA Group, M3 (EU) Ltd., Dynata, Wipro Limited, SAS Institute Inc., Oracle Corporation, MaxisIT, IBM Corporation, Cognizant, Accenture, EXL Service (SCIOInspire Corp.), IQVIA, and TAKE Solutions Limited, among others.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global life sciences analytics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global life sciences analytics market.

Detailed Segmentation:

  • Global Life Sciences Analytics Market By Product Type:
    • Descriptive Analytics
    • Predictive Analytics
    • Prescriptive Analytics
  • Global Life Sciences Analytics Market By Application:
    • Research and Development
    • Supply Chain Analytics
    • Sales and Marketing
    • Other Applications
  • Global Life Sciences Analytics Market By Component:
    • Services
    • Software
  • Global Life Sciences Analytics Market By End User:
    • Clinical Research Institutions
    • Pharmaceutical and Biotechnology Companies
    • Medical Device Companies
    • Other End Users
  • Global Life Sciences Analytics Market By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  • Company Profiles
    • Apollo Intelligence,
    • SERMA Group,
    • M3 (EU) Ltd.,
    • Dynata,
    • Wipro Limited,
    • SAS Institute Inc.,
    • IQVIA,
    • Oracle Corporation,
    • MaxisIT,
    • IBM Corporation,
    • Cognizant,
    • Accenture,
    • EXL Service (SCIOInspire Corp.)
    • TAKE Solutions Limited

Table of Contents:

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Product Type
      • Market Snapshot, By Application
      • Market Snapshot, By Component
      • Market Snapshot,, By End User
      • Market Snapshot,, By Geography
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Increasing prevalence of non-communicable diseases
      • High cost of implementation
      • Rising adoption of cloud analytical solutions
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4.  Global Life Sciences Analytics Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5.  Global Life Sciences Analytics Market, By Product Type, 2017-2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Descriptive Analytics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Predictive Analytics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Prescriptive Analytics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
  6.  Global Life Sciences Analytics Market, Application, 2017-2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Research and Development
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Supply Chain Analytics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Sales and Marketing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Other Applications
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
  7.  Global Life Sciences Analytics Market, By Component, 2017-2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Services
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Software
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
  8.  Global Life Sciences Analytics Market, By End User, 2017-2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Clinical Research Institutions
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Pharmaceutical and Biotechnology Companies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Medical Device Companies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
    • Other End Users
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
  9.  Global Life Sciences Analytics Market, By Geography, 2017-2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2022 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
    • Middle East and Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
    • Rest of World
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
  10. Competitive Landscape
    • Apollo Intelligence
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • SERMA Group
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • M3 (EU) Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Dynata
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Wipro Limited
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • SAS Institute Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • IQVIA
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Oracle Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • MaxisIT
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • IBM Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Cognizant
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Accenture
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • EXL Service (SCIOInspire Corp.)
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • TAKE Solutions Limited
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Analyst Views
  11. Section
    • Research Methodology
    • About us

*Browse 24 market data tables and 28 figures on "Global Life Sciences Analytics Market” - forecast to 2028

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