Global Life Science Analytics Market Growth (Status and Outlook) 2023-2029

Global Life Science Analytics Market Growth (Status and Outlook) 2023-2029

Life science analytics is the branch of analysis that focuses on offering insights into hospital management, patient records, costs, diagnoses, and more. The field covers a broad swath of the healthcare industry, offering insights on both the macro and micro level.
LPI (LP Information)' newest research report, the “Life Science Analytics Industry Forecast” looks at past sales and reviews total world Life Science Analytics sales in 2022, providing a comprehensive analysis by region and market sector of projected Life Science Analytics sales for 2023 through 2029. With Life Science Analytics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Life Science Analytics industry.
This Insight Report provides a comprehensive analysis of the global Life Science Analytics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Life Science Analytics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Life Science Analytics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Life Science Analytics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Life Science Analytics.
The global Life Science Analytics market size is projected to grow from US$ 23410 million in 2022 to US$ 47330 million in 2029; it is expected to grow at a CAGR of 10.6% from 2023 to 2029.
Market competition is intense. Oracle, Accenture, IBM, IQVIA, Salesforce, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers. North America is the largest market, with a sales market share nearly 40% in 2019. Following North America, Europe is the second largest sales place with the sales market share of nearly 30%. Life Science Analytics is widely used for Healthcare Provider, Pharmaceutical Industry, Academic Organizations and Others. The most proportion of Life Science Analytics used for pharmaceutical industry, and the proportion in 2019 is about 40%. The classification of Life Science Analytics includes Descriptive Analytics, Predictive Analytics and Prescriptive Analytics. The proportion of Descriptive Analytics in 2019 is about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Life Science Analytics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Descriptive Analytics
Predictive Analytics
Prescriptive Analytics
Segmentation by application
Healthcare Provider
Pharmaceutical Industry
Academic Organizations
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Oracle
Accenture
IBM
IQVIA
Salesforce
Cognizant
Veeva System
SAP
Sas Institute
Exl Services
Wipro
Cegedim

Please note: The report will take approximately 2 business days to prepare and deliver.