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Top trends in life science analytics market to 2021 examined in new market research report

Medical Market Research

Key players in life science analytics market include SAS Institute Inc. (U.S.), IBM Corporation (U.S.), Oracle Corporation (U.S.), Quintiles, Inc. (U.S.), Accenture (Ireland), Cognizant (U.S.), Wipro Limited (India), MaxisIT, Inc. (U.S.), TAKE Solutions (India), and SCIO Health Analytics (U.S.).

Download Brochure at Life Science Analytics Market spread across 177 pages, Profiling 11 Companies and Supported with 135 Tables and 49 Figures is now available at www.rnrmarketresearch.com/contacts…mple?rname=832650 .

Life science analytics market is expected to reach USD 24.73 Billion by 2021 from USD 13.26 Billion in 2016, at a CAGR of 13.3% from 2016 to 2021. The life science analytics market is categorized on the basis of type, application, component, delivery model, end user, and region.

Based on type, the market is categorized into descriptive, predictive, and prescriptive analytics.

Target Audience of Life Science Analytics Market Report As Follows:

  • Pharmaceutical and biotechnology companies
  • Medical device companies
  • Contract research organizations (CROs)
  • Life science analytics vendors
  • Venture capitalists
  • Research and consulting firms

Life science analytics market is categorized on basis of type, application, component, delivery model, end user, & region. Based on type, market is categorized into descriptive, predictive, and prescriptive analytics.

Prescriptive analytics segment is projected to grow at highest CAGR during forecast period due to its ability to ensure the synergistic integration of predictions and prescriptions.

Get More Information on Life Science Analytics Market with Company Profiles, Top Trends at www.rnrmarketresearch.com/contacts…ying?rname=832650 .

The life science analytics market fragmented with several global & local players. Players offer several products across different subsegments.

North America expected to dominate market in 2016, with U.S. accounting for a major share of this regional market.

Asia expected to grow at highest CAGR. Factors like large population base, growing prevalence of chronic diseases, increasing need for innovative therapies, & low manufacturing costs in region are expected to drive market growth.

Life Science Analytics Market, by Type

  • Descriptive Analytics
  • Predictive Analytics
  • Prescriptive Analytics

 

Life Science Analytics Market, by Application

  • Research and Development
  • Clinical Trials
  • Preclinical Trials
  • Sales and Marketing Support
  • Regulatory Compliance
  • Supply Chain Analytics
  • Pharmacovigilance

Growth of life science analytics market include technological advancements, availability of big data in life science industry, growing adoption of analytics solutions for clinical trials, increasing adoption of analytics solutions for sales and marketing applications, growing need for improved data standardization, rising prevalence of chronic diseases, increasing pressure to curb healthcare spending, and growing need for improved patient outcomes.

Click now for more Details, Queries and Other Information on this study “Life Science Analytics Market by Type (Descriptive, Prescriptive), Application (Marketing, R&D, Compliance, SCM), Component (Software, Service), Delivery (On premise, Cloud), End user (Pharmaceutical, Biotechnology, Medical Device, CRO) - Forecasts to 2021” research at www.rnrmarketresearch.com/contacts…hase?rname=832650 .

Life science analytics market mainly driven by factors like technological advancements, availability of big data in life science industry, growing adoption of analytics solutions for clinical trials, increasing adoption of analytics solutions for sales and marketing applications, growing need for improved data standardization, rising prevalence of chronic diseases, increasing pressure to curb healthcare spending, and growing need for improved patient outcomes.

Research Coverage:

Life science analytics market categorized on basis of type, application, component, delivery model, end user, and region. Apart from comprehensive geographical analysis, product analysis, & market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players in last three years.

In addition, company profiles comprise basic views on key players and their product portfolios, developments, & strategies adopted.

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