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Life Science Analytics Market Size, Global Trends, Share Analysis, Regional Outlook 2027 | Valuates Reports
Major factors driving the growth of Life Science Analytics Market size are that growth in this market is mainly driven by technological advancements, big data in the life science industry, growing adoption of analytical solutions in clinical trials, and improved data standardization.
The number of teleconsultations has increased due to the COVID-19 outbreak. Integrating EHR with other healthcare IT solutions, such as telemedicine and e-prescription features, allows healthcare providers to create an interconnected network to ensure the use of healthcare information technology (HCIT) for patient diagnosis and prescription of medicines.
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Therefore, the rising number of cases of COVID-19, the scarcity of healthcare providers, and the need for better management of patient data are projected to increase demand for Life Science Analytics market size.
Market competition is intense. Oracle, AccentureS, 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%.
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Life Science Analytics market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Life Science Analytics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Life Science Analytics Market by Type
➣Descriptive Analytics
➣Predictive Analytics
➣Prescriptive Analytics
Life Science Analytics Market by Application
➣Healthcare Provider
➣Pharmaceutical Industry
➣Academic Organizations
➣Others
Life Science Analytics Market by Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
Major Players in the Life Science Analytics Market
➣Oracle
➣AccentureS
➣IBM
➣IQVIA
➣Salesforce
➣Cognizant
➣Veeva System
➣SAP
➣Sas Institute
➣Exl Services
➣Wipro
➣Cegedim
➣Others
Similar Reports:
Healthcare Analytics Market: https://reports.valuates.com/market-reports/ALLI-Manu-2W72/healthcare-analytics
Healthcare IT Market: https://reports.valuates.com/market-reports/ALLI-Manu-2F1/healthcare-it
Big Data Analytics in Healthcare Market: https://reports.valuates.com/market-reports/QYRE-Othe-4Y183/global-big-data-analytics-in-healthcare
mHealth Apps Market: https://reports.valuates.com/market-reports/QYRE-Othe-1T438/global-mhealth-apps
Healthcare Supply Chain Management Market: https://reports.valuates.com/reports/QYRE-Othe-1Z479/healthcare-supply-chain-management
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