Life Science Analytics Market: Comprehensive Study Explore Huge Growth in Future | IBM Corporation, Oracle Corporation, Sas Institute Inc., Accenture
Research Reports
Jun 02, 2021
Global Life Science Analytics Market Size study, by Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics), Application (Research & Development, Preclinical Trials, Clinical Trials, Sales & Marketing, Regulatory Compliance, Supply Chain, Optimization, Pharmacovigilance) Component (Services, Software ), Delivery Model(On-premise model, On-demand model ), End User(Pharmaceutical & Biotechnology Companies,Medical Device Companies,Research Centers, Third-party Administrators ) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Life Science Analytics market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Life Science Analytics market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Global Global Life Science Analytics Market is valued approximately USD 19.44 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.70 % over the forecast period 2020-2027. Life Science is a study of living organisms and various life forms which can include plants, animals, viruses, bacteria, other micro-organisms and even cells . .Also, Pharmaceutical and life science companies use life science analytics to solve data integration problems, unpredictable demand, and improve operational performance.. The increasing investments in urgent care, increasing in digitization of pharmaceutical companies, use of various technologies such as big data analytics, predictive analytics, and strategic development between hospitals and urgent care providers has led the adoption of Global Life Science Analytics across the forecast period. For Instance: According to a new study by the Society of Actuaries Predictive analytics and Big Data analytics is now being used by 47 percent of healthcare organisations, . Predictive analytics is also expected to save companies 25% or more in annual costs over the next five years, according to over 57 percent of healthcare sectors.Also according to Govt of India due to the heavy investments in health sector the hospital industry is going to expand to $132 billion by 2023, from $61.8 billion in 2017 However, high implementation costs and data privacy concerns impedes the growth of the market over the forecast period of 2020-2027. Also, with the increasing prevalence of pandemics, the adoption & demand for Global Life Science Analytics is likely to increase the market growth during the forecast period.
The regional analysis of global Life Science Analytics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing geriatric population, pandemics and promptness & affordability of urgent care services coupled with the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising incidences of injuries and improving healthcare infrastructure would create lucrative growth prospects for the Global Life Science Analytics market across Asia-Pacific region.
Major market player included in this report are:
- IBM Corporation
- Oracle Corporation
- Sas Institute Inc.
- Accenture
- Iqvia
- Cognizant
- Wipro Limited
- Optum
- Microsoft Corporation
- Cerner Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
By Component
- Services
- Software
By Delivery Model
- 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
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
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covid-19 scenario |
Market Behavior/ Level of Risk and Opportunity |
End Industry Behavior/ Opportunity Assessment |
Expected Industry Recovery Timeline |
Business Impact Horizon |
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Opening of Economy by Q3 2020 |
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Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 |
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Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Life Science Analytics Market Report:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Life Science Analysis Market, by Region, 2018-2027 (USD Billion)
1.2.2. Life Science Analysis Market, by Type, 2018-2027 (USD Billion)
1.2.3. Life Science Analysis Market, by Component, 2018-2027 (USD Billion)
1.2.4. Life Science Analysis Market, by Delivery Model, 2018-2027 (USD Billion)
1.2.5. Life Science Analysis Market, by Application, 2018-2027 (USD Billion)
1.2.6. Life Science Analysis Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Life Science Analysis Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Life Science Analysis Market Dynamics
3.1. Life Science Analysis Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Life Science Analysis Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Life Science Analysis Market, by Type
5.1. Market Snapshot
5.2. Global Life Science Analysis Market by Type, Performance – Potential Analysis
5.3. Global Life Science Analysis Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Life Science Analysis Market, Sub Segment Analysis
5.4.1. Descriptive Analytics
5.4.2. Predictive Analytics
5.4.3. Prescriptive Analytics
Chapter 6. Global Life Science Analysis Market, by Component
6.1. Market Snapshot
6.2. Global Life Science Analysis Market by Component, Performance – Potential Analysis
6.3. Global Life Science Analysis Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
6.4. Life Science Analysis Market, Sub Segment Analysis
6.4.1. Services
6.4.2. Software
Chapter 7. Global Life Science Analysis Market, by Delivery Model
7.1. Market Snapshot
7.2. Global Life Science Analysis Market by Delivery Model, Performance – Potential Analysis
7.3. Global Life Science Analysis Market Estimates & Forecasts by Delivery Model 2017-2027 (USD Billion)
7.4. Life Science Analysis Market, Sub Segment Analysis
7.4.1. On-premise model
7.4.2. On-demand model
Chapter 8. Global Life Science Analysis Market, by Application
8.1. Market Snapshot
8.2. Global Life Science Analysis Market by Application, Performance – Potential Analysis
8.3. Global Life Science Analysis Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
8.4. Life Science Analysis Market, Sub Segment Analysis
8.4.1. Research & Development
8.4.2. Preclinical Trials
8.4.3. Clinical Trials
8.4.4. Sales & Marketing
8.4.5. Regulatory Compliance
8.4.6. Supply Chain Optimization
8.4.7. Pharmacovigilance
Chapter 9. Global Life Science Analysis Market, by End- User
9.1. Market Snapshot
9.2. Global Life Science Analysis Market by Component, Performance – Potential Analysis
9.3. Global Life Science Analysis Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
9.4. Life Science Analysis Market, Sub Segment Analysis
9.4.1. Pharmaceutical & Biotechnology Companies
9.4.2. Medical Device Companies
9.4.3. Research Centers
9.4.4. Third-party Administrators
Chapter 10. Global Life Science Analysis Market, Regional Analysis
10.1. Life Science Analysis Market, Regional Market Snapshot
10.2. North America Life Science Analysis Market
10.2.1. U.S. Life Science Analysis Market
10.2.1.1. Type breakdown estimates & forecasts, 2017-2027
10.2.1.2. Component breakdown estimates & forecasts, 2017-2027
10.2.1.3. Delievery Model breakdown estimates & forecasts, 2017-2027
10.2.2. Canada Life Science Analysis Market
10.3. Europe Life Science Analysis Market Snapshot
10.3.1. U.K. Life Science Analysis Market
10.3.2. Germany Life Science Analysis Market
10.3.3. France Life Science Analysis Market
10.3.4. Spain Life Science Analysis Market
10.3.5. Italy Life Science Analysis Market
10.3.6. Rest of Europe Life Science Analysis Market
10.4. Asia-Pacific Life Science Analysis Market Snapshot
10.4.1. China Life Science Analysis Market
10.4.2. India Life Science Analysis Market
10.4.3. Japan Life Science Analysis Market
10.4.4. Australia Life Science Analysis Market
10.4.5. South Korea Life Science Analysis Market
10.4.6. Rest of Asia Pacific Life Science Analysis Market
10.5. Latin America Life Science Analysis Market Snapshot
10.5.1. Brazil Life Science Analysis Market
10.5.2. Mexico Life Science Analysis Market
10.6. Rest of The World Life Science Analysis Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. IBM Corporation
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Oracle Corporation
11.2.3. SAS Institute Inc.
11.2.4. Accenture
11.2.5. Iqvia
11.2.6. Cognizant
11.2.7. Wipro Limited
11.2.8. Optum
11.2.9. Microsoft Corporation
11.2.10. Cerner Corporation
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
……..and view more in complete table of Contents
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