the Global Life Science Analytics market is expected to grow from $9.45 billion in 2016 to reach $25.60 billion by 2023 with a CAGR of 15.3%. Some of the factors propelling the market growth are raising demand for analytics in sales and marketing applications, increasing need of these solutions especially in clinical trials and improvements in technological advancements.
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However lack of skilled professionals, huge implementation costs, and financial limitations are some of the factors inhibiting the market growth.
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Based on type, descriptive analytics segment leads the market with the highest market share and the growth of this segment is contributed to the adoption of this analytics by stakeholders in understanding the previous trends.
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By delivery model, on-demand segment is anticipated to be a largest segment as it has several advantages such as increasing demand for self-driven analytics and maximum capacity flexibility. North America leads the market globally followed by Asia Pacific and the growth is owed to the rising demand for innovative therapies and growing population in this region.
Some of the key players in Global Life Science Analytics market include Accenture, Cognizant, IBM Corporation, Maxisit, Oracle Corporation, Quintiles, Inc, SAS Institute Inc, Scio Health Analytics, Take Solutions and Wipro Limited.
Supply Chain Analytics
Sales and Marketing Support
Research and Development
End Users Covered:
Pharmaceutical and Biotechnology Companies
Medical Device Companies
Delivery Models Covered:
Rest of Europe
Rest of Asia Pacific
Rest of the World
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
List Of Tables:
1 Global Life Science Analytics Market By Region, Market Forecast
2 Global Life Science Analytics Market By Component, Market Forecast
3 Global Life Science Analytics Market By Software, Market Forecast
4 Global Life Science Analytics Market By Services, Market Forecast
5 Global Life Science Analytics Market By Application, Market Forecast
6 Global Life Science Analytics Market By Supply Chain Analytics, Market Forecast
7 Global Life Science Analytics Market By Sales and Marketing Support, Market Forecast
8 Global Life Science Analytics Market By Pharmacovigilance, Market Forecast
9 Global Life Science Analytics Market By Regulatory Compliance, Market Forecast
10 Global Life Science Analytics Market By Research and Development, Market Forecast
11 Global Life Science Analytics Market By Clinical Trials, Market Forecast
12 Global Life Science Analytics Market By Preclinical Trials, Market Forecast
13 Global Life Science Analytics Market By End User, Market Forecast
14 Global Life Science Analytics Market By Research Centers, Market Forecast
15 Global Life Science Analytics Market By Pharmaceutical and Biotechnology Companies, Market Forecast
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