Life Science Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics); Component (Services, Software); End User (Pharmaceutical & Biotechnology Companies, Research Centers, Medical Device Companies, Third-Party Administrators)

Report Code: TIPHE100001212 | No. of Pages: 150 | Category: Healthcare IT | Status: Upcoming

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MARKET OVERVIEW

Life science analytics is used for capitalizing on big data to increase the global collaboration based on accurate clinical research information. The life sciences analytics helps to standardize the clinical trials data and validate its adherence. Advanced analytics aids in early detection of potential risks and also enables to proactively address them.

MARKET SCOPE

The "Global Life Science Analytics Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the life science analytics market with detailed market segmentation by type, component, end user, and geography. The report provides key statistics on the market status of the leading life science analytics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on type, the global life science analytics market is segmented into predictive analytics, prescriptive analytics, descriptive analytics.
  •   Based on component, the market is bifurcated into services, software.
  •   Based on end user, the market is bifurcated into pharmaceutical & biotechnology companies, research centers, medical device companies, third-party administrators.
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MARKET DYNAMICS
Drivers

  •   Increasing prevalence of chronic diseases
  •   Growing need for improved data standardization
  •   New market players are entering the market owing to the technological advancement of products

Restraints

  •   High costs of implementation

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The life science analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the life science analytics market in these regions.

IMPACT OF COVID-19 ON LIFE SCIENCE ANALYTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The integration of EHR with other healthcare IT solutions such as telemedicine and e-prescribing functionalities help healthcare providers in creating an interconnected network that ensures the use of HCIT to diagnose and prescribe medicines for patients. Thus, the rising number of COVID-19 cases, the scarcity of healthcare providers, and the need for better patient data management are expected to increase the demand for life science analytics is expected in the coming five years.

MARKET PLAYERS

The report covers key developments in the life science analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from life science analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for life science analytics in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the life science analytics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Accenture
  •   Cognizant
  •   IBM
  •   IQVIA
  •   MaxisIT
  •   Oracle
  •   SAS Institute Inc
  •   Scioinspire, Corp.
  •   Take Solutions Limited
  •   Wipro Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Life Science Analytics Market - By Type
1.3.2 Life Science Analytics Market - By Component
1.3.3 Life Science Analytics Market - By End User
1.3.4 Life Science Analytics Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LIFE SCIENCE ANALYTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. LIFE SCIENCE ANALYTICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LIFE SCIENCE ANALYTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. LIFE SCIENCE ANALYTICS - GLOBAL MARKET OVERVIEW
6.2. LIFE SCIENCE ANALYTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. LIFE SCIENCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PREDICTIVE ANALYTICS
7.3.1. Overview
7.3.2. Predictive Analytics Market Forecast and Analysis
7.4. PRESCRIPTIVE ANALYTICS
7.4.1. Overview
7.4.2. Prescriptive Analytics Market Forecast and Analysis
7.5. DESCRIPTIVE ANALYTICS
7.5.1. Overview
7.5.2. Descriptive Analytics Market Forecast and Analysis
8. LIFE SCIENCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
8.1. OVERVIEW
8.2. COMPONENT MARKET FORECASTS AND ANALYSIS
8.3. SERVICES
8.3.1. Overview
8.3.2. Services Market Forecast and Analysis
8.4. SOFTWARE
8.4.1. Overview
8.4.2. Software Market Forecast and Analysis
9. LIFE SCIENCE ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES
9.3.1. Overview
9.3.2. Pharmaceutical and Biotechnology Companies Market Forecast and Analysis
9.4. RESEARCH CENTERS
9.4.1. Overview
9.4.2. Research Centers Market Forecast and Analysis
9.5. MEDICAL DEVICE COMPANIES
9.5.1. Overview
9.5.2. Medical Device Companies Market Forecast and Analysis
9.6. THIRD-PARTY ADMINISTRATORS
9.6.1. Overview
9.6.2. Third-Party Administrators Market Forecast and Analysis
10. LIFE SCIENCE ANALYTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Life Science Analytics Market Overview
10.1.2 North America Life Science Analytics Market Forecasts and Analysis
10.1.3 North America Life Science Analytics Market Forecasts and Analysis - By Type
10.1.4 North America Life Science Analytics Market Forecasts and Analysis - By Component
10.1.5 North America Life Science Analytics Market Forecasts and Analysis - By End User
10.1.6 North America Life Science Analytics Market Forecasts and Analysis - By Countries
10.1.6.1 United States Life Science Analytics Market
10.1.6.1.1 United States Life Science Analytics Market by Type
10.1.6.1.2 United States Life Science Analytics Market by Component
10.1.6.1.3 United States Life Science Analytics Market by End User
10.1.6.2 Canada Life Science Analytics Market
10.1.6.2.1 Canada Life Science Analytics Market by Type
10.1.6.2.2 Canada Life Science Analytics Market by Component
10.1.6.2.3 Canada Life Science Analytics Market by End User
10.1.6.3 Mexico Life Science Analytics Market
10.1.6.3.1 Mexico Life Science Analytics Market by Type
10.1.6.3.2 Mexico Life Science Analytics Market by Component
10.1.6.3.3 Mexico Life Science Analytics Market by End User
10.2. EUROPE
10.2.1 Europe Life Science Analytics Market Overview
10.2.2 Europe Life Science Analytics Market Forecasts and Analysis
10.2.3 Europe Life Science Analytics Market Forecasts and Analysis - By Type
10.2.4 Europe Life Science Analytics Market Forecasts and Analysis - By Component
10.2.5 Europe Life Science Analytics Market Forecasts and Analysis - By End User
10.2.6 Europe Life Science Analytics Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Life Science Analytics Market
10.2.6.1.1 Germany Life Science Analytics Market by Type
10.2.6.1.2 Germany Life Science Analytics Market by Component
10.2.6.1.3 Germany Life Science Analytics Market by End User
10.2.6.2 France Life Science Analytics Market
10.2.6.2.1 France Life Science Analytics Market by Type
10.2.6.2.2 France Life Science Analytics Market by Component
10.2.6.2.3 France Life Science Analytics Market by End User
10.2.6.3 Italy Life Science Analytics Market
10.2.6.3.1 Italy Life Science Analytics Market by Type
10.2.6.3.2 Italy Life Science Analytics Market by Component
10.2.6.3.3 Italy Life Science Analytics Market by End User
10.2.6.4 Spain Life Science Analytics Market
10.2.6.4.1 Spain Life Science Analytics Market by Type
10.2.6.4.2 Spain Life Science Analytics Market by Component
10.2.6.4.3 Spain Life Science Analytics Market by End User
10.2.6.5 United Kingdom Life Science Analytics Market
10.2.6.5.1 United Kingdom Life Science Analytics Market by Type
10.2.6.5.2 United Kingdom Life Science Analytics Market by Component
10.2.6.5.3 United Kingdom Life Science Analytics Market by End User
10.2.6.6 Rest of Europe Life Science Analytics Market
10.2.6.6.1 Rest of Europe Life Science Analytics Market by Type
10.2.6.6.2 Rest of Europe Life Science Analytics Market by Component
10.2.6.6.3 Rest of Europe Life Science Analytics Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Life Science Analytics Market Overview
10.3.2 Asia-Pacific Life Science Analytics Market Forecasts and Analysis
10.3.3 Asia-Pacific Life Science Analytics Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Life Science Analytics Market Forecasts and Analysis - By Component
10.3.5 Asia-Pacific Life Science Analytics Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Life Science Analytics Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Life Science Analytics Market
10.3.6.1.1 Australia Life Science Analytics Market by Type
10.3.6.1.2 Australia Life Science Analytics Market by Component
10.3.6.1.3 Australia Life Science Analytics Market by End User
10.3.6.2 China Life Science Analytics Market
10.3.6.2.1 China Life Science Analytics Market by Type
10.3.6.2.2 China Life Science Analytics Market by Component
10.3.6.2.3 China Life Science Analytics Market by End User
10.3.6.3 India Life Science Analytics Market
10.3.6.3.1 India Life Science Analytics Market by Type
10.3.6.3.2 India Life Science Analytics Market by Component
10.3.6.3.3 India Life Science Analytics Market by End User
10.3.6.4 Japan Life Science Analytics Market
10.3.6.4.1 Japan Life Science Analytics Market by Type
10.3.6.4.2 Japan Life Science Analytics Market by Component
10.3.6.4.3 Japan Life Science Analytics Market by End User
10.3.6.5 South Korea Life Science Analytics Market
10.3.6.5.1 South Korea Life Science Analytics Market by Type
10.3.6.5.2 South Korea Life Science Analytics Market by Component
10.3.6.5.3 South Korea Life Science Analytics Market by End User
10.3.6.6 Rest of Asia-Pacific Life Science Analytics Market
10.3.6.6.1 Rest of Asia-Pacific Life Science Analytics Market by Type
10.3.6.6.2 Rest of Asia-Pacific Life Science Analytics Market by Component
10.3.6.6.3 Rest of Asia-Pacific Life Science Analytics Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Life Science Analytics Market Overview
10.4.2 Middle East and Africa Life Science Analytics Market Forecasts and Analysis
10.4.3 Middle East and Africa Life Science Analytics Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Life Science Analytics Market Forecasts and Analysis - By Component
10.4.5 Middle East and Africa Life Science Analytics Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Life Science Analytics Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Life Science Analytics Market
10.4.6.1.1 South Africa Life Science Analytics Market by Type
10.4.6.1.2 South Africa Life Science Analytics Market by Component
10.4.6.1.3 South Africa Life Science Analytics Market by End User
10.4.6.2 Saudi Arabia Life Science Analytics Market
10.4.6.2.1 Saudi Arabia Life Science Analytics Market by Type
10.4.6.2.2 Saudi Arabia Life Science Analytics Market by Component
10.4.6.2.3 Saudi Arabia Life Science Analytics Market by End User
10.4.6.3 U.A.E Life Science Analytics Market
10.4.6.3.1 U.A.E Life Science Analytics Market by Type
10.4.6.3.2 U.A.E Life Science Analytics Market by Component
10.4.6.3.3 U.A.E Life Science Analytics Market by End User
10.4.6.4 Rest of Middle East and Africa Life Science Analytics Market
10.4.6.4.1 Rest of Middle East and Africa Life Science Analytics Market by Type
10.4.6.4.2 Rest of Middle East and Africa Life Science Analytics Market by Component
10.4.6.4.3 Rest of Middle East and Africa Life Science Analytics Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Life Science Analytics Market Overview
10.5.2 South and Central America Life Science Analytics Market Forecasts and Analysis
10.5.3 South and Central America Life Science Analytics Market Forecasts and Analysis - By Type
10.5.4 South and Central America Life Science Analytics Market Forecasts and Analysis - By Component
10.5.5 South and Central America Life Science Analytics Market Forecasts and Analysis - By End User
10.5.6 South and Central America Life Science Analytics Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Life Science Analytics Market
10.5.6.1.1 Brazil Life Science Analytics Market by Type
10.5.6.1.2 Brazil Life Science Analytics Market by Component
10.5.6.1.3 Brazil Life Science Analytics Market by End User
10.5.6.2 Argentina Life Science Analytics Market
10.5.6.2.1 Argentina Life Science Analytics Market by Type
10.5.6.2.2 Argentina Life Science Analytics Market by Component
10.5.6.2.3 Argentina Life Science Analytics Market by End User
10.5.6.3 Rest of South and Central America Life Science Analytics Market
10.5.6.3.1 Rest of South and Central America Life Science Analytics Market by Type
10.5.6.3.2 Rest of South and Central America Life Science Analytics Market by Component
10.5.6.3.3 Rest of South and Central America Life Science Analytics Market by End User
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL LIFE SCIENCE ANALYTICS MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Middle East and Africa
11.5 South and Central America
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. LIFE SCIENCE ANALYTICS MARKET, KEY COMPANY PROFILES
13.1. ACCENTURE
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. COGNIZANT
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. IBM
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. IQVIA
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. MAXISIT
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. ORACLE
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. SAS INSTITUTE INC
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SCIOINSPIRE, CORP.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TAKE SOLUTIONS LIMITED
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. WIPRO LIMITED
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS



The List of Companies

1. Accenture
2. Cognizant
3. IBM
4. IQVIA
5. MaxisIT
6. Oracle
7. SAS Institute Inc
8. Scioinspire, Corp.
9. Take Solutions Limited
10. Wipro Limited
11. Allscripts Healthcare Solutions, Inc.
12. Optum
13. Microsoft Corporation
14. Cerner Corporation
15. Cotiviti Holdings, Inc.
16. Thoughtspot
17. Pyramid Analytics
18. Alteryx
19. Sisense
20. Amazon Web Services
TIPHE100001212
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