Life Science Analytics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Life Science Analytics Market
The life science analytics market size was valued at USD 15.27 billion in 2023, and the market is now projected to grow from USD 17.95 billion in 2024 to USD 43.86 billion by 2032, exhibiting a CAGR of 11.8% during the forecast period of 2024-2032.
The COVID-19 impact on marketplace growth changed into wonderful, driving producers to cognizance on vaccine studies and improvement. Cognizant's healthcare section generated USD 4,852 million in 2020, a 3.3% boom from 2019, because of heightened demand from pharmaceutical companies and robust software program license sales.
The growing use of analytical solutions in comprehensive research studies is riding marketplace increase by way of enhancing efficiency and flexibility. Clinical trials, mandated by way of regulatory our bodies just like the FDA, necessitate rigorous preclinical studies to assess efficacy, toxicity, and protection, crucial for drug improvement. These research delve into the chemistry of medical treatments, imparting insights into their biological effect and fostering informed selection-making inside the pharmaceutical enterprise.
Rising improvements in statistics science coupled with growing adoption of cloud services are revolutionizing the lifestyles science enterprise, enhancing scientific records control, medication discovery, and analytical abilities. Pharma and biotech companies are investing substantially in those technologies to expedite drug discovery, leveraging benefits like improved velocity, agility, and fee-effectiveness offered by means of cloud infrastructures, vital for handling healthcare expenses and addressing the surge in persistent sicknesses.
Comprehensive Analysis of Life Science Analytics Market
The life science analytics market growth is rising at an exponential rate due to its market segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type analysis, by delivery analysis, by application analysis, by end users analysis. By type analysis include, software & solutions and services. By delivery analysis include, on-premises and on-demand. By application analysis include, commercial analytics, personalized therapy, clinical research analytics, and supply chain analytics. By end users analysis include, medical device companies, pharma & biotech companies, contract research organizations, and others.
The North America region lead the life science analytics market share by benefitting a market size of USD 6.53 billion in 2023 due tothe rising incidence of various diseases and high diagnosis and treatment rates.
The top players in the market play an important role in the industry assuring market expansion and setting market level. These players include, SAS Institute Inc., Accenture, Veeva Systems, IBM, Oracle, Analytics8, IQVIA Inc., these market players provide a level-playing competitive landscape.
In September 2023, SAS Institute Inc. collaborated with AstraZeneca to enhance clinical research innovation and automate statistical analysis delivery using SAS Life Science Analytics Framework and SAS Viya.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of11.8% from 2024-2032
Unit Value (USD Billion)
Segmentation By Type
Software & Solutions
Services
By Delivery
On-premise
On-demand
By Application
Commercial Analytics
Personalized Therapy
Clinical Research Analytics
Supply Chain Analytics
By End Users
Medical Device Companies
Pharma & Biotech Companies
Contract Research Organizations
Others
By Region
North America (By Type, By Delivery, By Application, By End Users, By Country)
- U.S.
- Canada
Europe (By Type, By Delivery, By Application, By End Users, By Country/Sub-Region)
- U.K.
- Germany
- France
- Spain
- Italy
- Scandinavia
- Rest of Europe
Asia Pacific (By Type, By Delivery, By Application, By End Users, By Country/Sub-Region)
- Japan
- China
- India
- Australia
- South Korea
- Rest of the Asia Pacific
Latin America (By Type, By Delivery, By Application, By End Users, By Country/Sub-Region)
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa (By Type, By Delivery, By Application, By End Users, By Country/Sub-Region)
- GCC
- South Africa
- Rest of the Middle East & Africa
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Regions
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 4.6. Impact of COVID-19 on the Market
- 5. Global UV Stabilizers Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. By Type (Value and Volume)
- 5.2.1. Hindered Amine Light Stabilizers (HALS)
- 5.2.2. UV Absorbers
- 5.2.3. Quenchers
- 5.2.4. Others
- 5.3. By End-Use Industry (Value and Volume)
- 5.3.1. Packaging
- 5.3.2. Automotive
- 5.3.3. Agriculture
- 5.3.4. Building & Construction
- 5.3.5. Adhesives & Sealants
- 5.3.6. Others
- 5.4. By Region (Value and Volume)
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America UV Stabilizers Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. By Type (Value and Volume)
- 6.2.1. Hindered Amine Light Stabilizers (HALS)
- 6.2.2. UV Absorbers
- 6.2.3. Quenchers
- 6.2.4. Others
- 6.3. By End-Use Industry (Value and Volume)
- 6.3.1. Packaging
- 6.3.2. Automotive
- 6.3.3. Agriculture
- 6.3.4. Building & Construction
- 6.3.5. Adhesives & Sealants
- 6.3.6. Others
- 6.4. By Country (Value and Volume)
- 6.4.1. U.S
- 6.4.1.1. By End-Use Industry (Value and Volume)
- 6.4.1.1.1. Packaging
- 6.4.1.1.2. Automotive
- 6.4.1.1.3. Agriculture
- 6.4.1.1.4. Building & Construction
- 6.4.1.1.5. Adhesives & Sealants
- 6.4.1.1.6. Others
- 6.4.2. Canada
- 6.4.2.1. By End-Use Industry (Value and Volume)
- 6.4.2.1.1. Packaging
- 6.4.2.1.2. Automotive
- 6.4.2.1.3. Agriculture
- 6.4.2.1.4. Building & Construction
- 6.4.2.1.5. Adhesives & Sealants
- 6.4.2.1.6. Others
- 7. Europe UV Stabilizers Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. By Type (Value and Volume)
- 7.2.1. Hindered Amine Light Stabilizers (HALS)
- 7.2.2. UV Absorbers
- 7.2.3. Quenchers
- 7.2.4. Others
- 7.3. By End-Use Industry (Value and Volume)
- 7.3.1. Packaging
- 7.3.2. Automotive
- 7.3.3. Agriculture
- 7.3.4. Building & Construction
- 7.3.5. Adhesives & Sealants
- 7.3.6. Others
- 7.4. By Country (Value and Volume)
- 7.4.1. Germany
- 7.4.1.1. By End-Use Industry (Value and Volume)
- 7.4.1.1.1. Packaging
- 7.4.1.1.2. Automotive
- 7.4.1.1.3. Agriculture
- 7.4.1.1.4. Building & Construction
- 7.4.1.1.5. Adhesives & Sealants
- 7.4.1.1.6. Others
- 7.4.2. U.K.
- 7.4.2.1. By End-Use Industry (Value and Volume)
- 7.4.2.1.1. Packaging
- 7.4.2.1.2. Automotive
- 7.4.2.1.3. Agriculture
- 7.4.2.1.4. Building & Construction
- 7.4.2.1.5. Adhesives & Sealants
- 7.4.2.1.6. Others
- 7.4.3. France
- 7.4.3.1. By End-Use Industry (Value and Volume)
- 7.4.3.1.1. Packaging
- 7.4.3.1.2. Automotive
- 7.4.3.1.3. Agriculture
- 7.4.3.1.4. Building & Construction
- 7.4.3.1.5. Adhesives & Sealants
- 7.4.3.1.6. Others
- 7.4.4. Italy
- 7.4.4.1. By End-Use Industry (Value and Volume)
- 7.4.4.1.1. Packaging
- 7.4.4.1.2. Automotive
- 7.4.4.1.3. Agriculture
- 7.4.4.1.4. Building & Construction
- 7.4.4.1.5. Adhesives & Sealants
- 7.4.4.1.6. Others
- 7.4.5. Rest of Europe
- 7.4.5.1. By End-Use Industry (Value and Volume)
- 7.4.5.1.1. Packaging
- 7.4.5.1.2. Automotive
- 7.4.5.1.3. Agriculture
- 7.4.5.1.4. Building & Construction
- 7.4.5.1.5. Adhesives & Sealants
- 7.4.5.1.6. Others
- 8. Asia-Pacific UV Stabilizers Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. By Type (Value and Volume)
- 8.2.1. Hindered Amine Light Stabilizers (HALS)
- 8.2.2. UV Absorbers
- 8.2.3. Quenchers
- 8.2.4. Others
- 8.3. By End-Use Industry (Value and Volume)
- 8.3.1. Packaging
- 8.3.2. Automotive
- 8.3.3. Agriculture
- 8.3.4. Building & Construction
- 8.3.5. Adhesives & Sealants
- 8.3.6. Others
- 8.4. By Country (Value and Volume)
- 8.4.1. China
- 8.4.1.1. By End-Use Industry (Value and Volume)
- 8.4.1.1.1. Packaging
- 8.4.1.1.2. Automotive
- 8.4.1.1.3. Agriculture
- 8.4.1.1.4. Building & Construction
- 8.4.1.1.5. Adhesives & Sealants
- 8.4.1.1.6. Others
- 8.4.2. Japan
- 8.4.2.1. By End-Use Industry (Value and Volume)
- 8.4.2.1.1. Packaging
- 8.4.2.1.2. Automotive
- 8.4.2.1.3. Agriculture
- 8.4.2.1.4. Building & Construction
- 8.4.2.1.5. Adhesives & Sealants
- 8.4.2.1.6. Others
- 8.4.3. India
- 8.4.3.1. By End-Use Industry (Value and Volume)
- 8.4.3.1.1. Packaging
- 8.4.3.1.2. Automotive
- 8.4.3.1.3. Agriculture
- 8.4.3.1.4. Building & Construction
- 8.4.3.1.5. Adhesives & Sealants
- 8.4.3.1.6. Others
- 8.4.4. South Korea
- 8.4.4.1. By End-Use Industry (Value and Volume)
- 8.4.4.1.1. Packaging
- 8.4.4.1.2. Automotive
- 8.4.4.1.3. Agriculture
- 8.4.4.1.4. Building & Construction
- 8.4.4.1.5. Adhesives & Sealants
- 8.4.4.1.6. Others
- 8.4.5. Rest of Asia Pacific
- 8.4.5.1. By End-Use Industry (Value and Volume)
- 8.4.5.1.1. Packaging
- 8.4.5.1.2. Automotive
- 8.4.5.1.3. Agriculture
- 8.4.5.1.4. Building & Construction
- 8.4.5.1.5. Adhesives & Sealants
- 8.4.5.1.6. Others
- 9. Latin America UV Stabilizers Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. By Type (Value and Volume)
- 9.2.1. Hindered Amine Light Stabilizers (HALS)
- 9.2.2. UV Absorbers
- 9.2.3. Quenchers
- 9.2.4. Others
- 9.3. By End-Use Industry (Value and Volume)
- 9.3.1. Packaging
- 9.3.2. Automotive
- 9.3.3. Agriculture
- 9.3.4. Building & Construction
- 9.3.5. Adhesives & Sealants
- 9.3.6. Others
- 9.4. By Country (Value and Volume)
- 9.4.1. Mexico
- 9.4.1.1. By End-Use Industry (Value and Volume)
- 9.4.1.1.1. Packaging
- 9.4.1.1.2. Automotive
- 9.4.1.1.3. Agriculture
- 9.4.1.1.4. Building & Construction
- 9.4.1.1.5. Adhesives & Sealants
- 9.4.1.1.6. Others
- 9.4.2. Brazil
- 9.4.2.1. By End-Use Industry (Value and Volume)
- 9.4.2.1.1. Packaging
- 9.4.2.1.2. Automotive
- 9.4.2.1.3. Agriculture
- 9.4.2.1.4. Building & Construction
- 9.4.2.1.5. Adhesives & Sealants
- 9.4.2.1.6. Others
- 9.4.3. Rest of Latin America
- 9.4.3.1. By End-Use Industry (Value and Volume)
- 9.4.3.1.1. Packaging
- 9.4.3.1.2. Automotive
- 9.4.3.1.3. Agriculture
- 9.4.3.1.4. Building & Construction
- 9.4.3.1.5. Adhesives & Sealants
- 9.4.3.1.6. Others
- 10. Middle East & Africa UV Stabilizers Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. By Type (Value and Volume)
- 10.2.1. Hindered Amine Light Stabilizers (HALS)
- 10.2.2. UV Absorbers
- 10.2.3. Quenchers
- 10.2.4. Others
- 10.3. By End-Use Industry (Value and Volume)
- 10.3.1. Packaging
- 10.3.2. Automotive
- 10.3.3. Agriculture
- 10.3.4. Building & Construction
- 10.3.5. Adhesives & Sealants
- 10.3.6. Others
- 10.4. By Country (Value and Volume)
- 10.4.1. GCC
- 10.4.1.1. By End-Use Industry (Value and Volume)
- 10.4.1.1.1. Packaging
- 10.4.1.1.2. Automotive
- 10.4.1.1.3. Agriculture
- 10.4.1.1.4. Building & Construction
- 10.4.1.1.5. Adhesives & Sealants
- 10.4.1.1.6. Others
- 10.4.2. South Africa
- 10.4.2.1. By End-Use Industry (Value and Volume)
- 10.4.2.1.1. Packaging
- 10.4.2.1.2. Automotive
- 10.4.2.1.3. Agriculture
- 10.4.2.1.4. Building & Construction
- 10.4.2.1.5. Adhesives & Sealants
- 10.4.2.1.6. Others
- 10.4.3. Rest of Middle East and Africa
- 10.4.3.1. By End-Use Industry (Value and Volume)
- 10.4.3.1.1. Packaging
- 10.4.3.1.2. Automotive
- 10.4.3.1.3. Agriculture
- 10.4.3.1.4. Building & Construction
- 10.4.3.1.5. Adhesives & Sealants
- 10.4.3.1.6. Others
- 11. Company Profiles
- 11.1. BASF SE (Germany)
- 11.1.1. Overview
- 11.1.2. Description
- 11.1.3. Type Portfolio
- 11.1.4. Financials (Data as available in public domain and/or on paid databases)
- 11.1.5. Recent Developments
- 11.2. Clariant AG (Switzerland)
- 11.2.1. Overview
- 11.2.2. Description
- 11.2.3. Type Portfolio
- 11.2.4. Financials (Data as available in public domain and/or on paid databases)
- 11.2.5. Recent Developments
- 11.3. Songwon (South Korea)
- 11.3.1. Overview
- 11.3.2. Description
- 11.3.3. Type Portfolio
- 11.3.4. Financials (Data as available in public domain and/or on paid databases)
- 11.3.5. Recent Developments
- 11.4. Solvay (Belgium)
- 11.4.1. Overview
- 11.4.2. Description
- 11.4.3. Type Portfolio
- 11.4.4. Financials (Data as available in public domain and/or on paid databases)
- 11.4.5. Recent Developments
- 11.5. Suqian Unitech Corp Ltd (China)
- 11.5.1. Overview
- 11.5.2. Description
- 11.5.3. Type Portfolio
- 11.5.4. Financials (Data as available in public domain and/or on paid databases)
- 11.5.5. Recent Developments
- 11.6. Everlight Chemical Industrial Corp (Taiwan)
- 11.6.1. Overview
- 11.6.2. Description
- 11.6.3. Type Portfolio
- 11.6.4. Financials (Data as available in public domain and/or on paid databases)
- 11.6.5. Recent Developments
- 11.7. SABO S.p.A. (Italy)
- 11.7.1. Overview
- 11.7.2. Description
- 11.7.3. Type Portfolio
- 11.7.4. Financials (Data as available in public domain and/or on paid databases)
- 11.7.5. Recent Developments
- 11.8. Lycus Ltd., LLC (U.S.)
- 11.8.1. Overview
- 11.8.2. Description
- 11.8.3. Type Portfolio
- 11.8.4. Financials (Data as available in public domain and/or on paid databases)
- 11.8.5. Recent Developments
- 11.9. Sarex (India)
- 11.9.1. Overview
- 11.9.2. Description
- 11.9.3. Type Portfolio
- 11.9.4. Financials (Data as available in public domain and/or on paid databases)
- 11.9.5. Recent Developments
- 11.10. Jiangsu Chemk Co.,Ltd (CHEMK) (China)
- 11.10.1. Overview
- 11.10.2. Description
- 11.10.3. Type Portfolio
- 11.10.4. Financials (Data as available in public domain and/or on paid databases)
- 11.10.5. Recent Developments
- 12. Strategic Recommendations
- 13.
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