01-09-2019 09:06 PM CET - Science & Education

New Study Focusing on Life Science Analytics Market Size 2026: Technological advancements, Innovative Trends, New Ideas, Strategies and Key Players like Accenture PLC, SAS Institute Inc., IBM Corporation, MaxisIT Inc., Oracle Corporation

Press release from: The Research Insights

In new years, there has been an increase in the volume and variability of medical information generated regarding patients’ profiles, compliance and regulatory necessities, and scientific research. Increase in the use of mobile devices and sensors in pharmaceutical and life science organizations has amplified data volume, velocity, and variety, driving the need for a new data organization and data analytics approach. Traditional collection and processing of such data leads to increased cost and does not progress outcomes. Data analytics plays a crucial role in separating and managing data in an efficient manner. Companies such as Oracle Corporation, IBM Corporation, and Google Inc. are highlighting on developing new data analytics tools for several operations in the life science industry.

CAGR of more than +13% during the forecast period

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Companies Profiled in this Report Includes: Accenture PLC, SAS Institute Inc., IBM Corporation, MaxisIT Inc., Oracle Corporation, Wipro Limited, Cognizant Technology Solutions Corporation, SAP SE, Take Solutions Inc., IQVIA (Quintile Inc.), SCIOInspire Corp. (Scio Health Analytics).

The life science analytics market is considered 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. The prescriptive analytics segment is projected to grow at the maximum CAGR during the forecast period due to its ability to ensure the synergistic addition of predictions and prescriptions.

Reason to Access the Life Science Analytics Market Research Report:

Life Science Analytics market and its upcoming growth prospects is been mentioned with maximum precision. This study includes an elaborative summary of market which also includes snapshots that offer depth of information of various other segmentations. Through qualitative and quantitative analysis of key features which are responsible for boosting or hampering the market growth and the promising opportunities in market have been provide. Primary and secondary research has been done in detail which helps the readers have a strong understanding of the complete market for the forecast period.

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This report gives a full and complete understanding of Life Science Analytics market. With precise data covering all key aspects of the existing market, this report offers existing data of leading manufacturers. Understanding of the market condition by compliance of accurate historical data about each and every segment for the forecast period is mentioned.

The influence of the latest government policies is stated to focus on standard procedures, to comprehend the growth of the market. It studies the forecast period of the market for Life Science Analytics year, which helps to increase the clients at domestic as well as global level. The research report is classified into different sections, on the basis of attributes, such as consumption, growth rate and market shares.

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This release was published on openPR.
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