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Global Life Science Analytics Market Report 2022: Industry Analysis, Size, Share, Growth, Trends | Oracle Corporation, SAS Institute Inc., IBM Corporation, IQVIA, Wipro, Cognizant
The global life science analytics market report by the business research company the increasing prevalence of chronic diseases to be a major growth driver for the life science analytics market. Chronic diseases refer to diseases that will persist for a long time. Life science analytics that includes predictive analytics is a critical step toward chronic disease prevention, allowing providers to recognize early signs of illness and intervene. For instance, according to the World Health Organization, a Switzerland-based government agency, chronic obstructive pulmonary disease (COPD) is the world's third-biggest cause of death, accounting for 3.23 million fatalities in 2019, and more than 80% of these deaths took place in low- and middle-income nations (LMIC). Therefore, the increasing prevalence of chronic diseases drives the life science analytics marketThe global life science analytics market size is expected to grow from $21.16 billion in 2021 to $24.09 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The global life science analytics market size is expected to grow to $37.86 billion in 2026 at a CAGR of 12%.
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North America was the largest region in the life science analytics market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global life science analytics market during the forecast period. The regions covered in the global life science analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the life science analytics market are Oracle Corporation, SAS Institute Inc., IBM Corporation, IQVIA, Wipro, Cognizant, SCIO Health Analytics, Cerner Corporation, Optum, Microsoft Corporation, MaxisIT Inc., Cotiviti, and Allscripts Healthcare Solutions.
The global life science analytics market is segmented -
1) By Type: Descriptive Analytics, Predictive Analytics, Prescriptive Analytics
2) By Component: Software, Services
3) By Deployment: On-Demand, On-Premises
4) By Application: Research and Development, Preclinical Trials, Clinical Trials, Sales and Marketing, Regulatory Compliance, Supply Chain Optimization, Pharmacovigilance
5) By End User: Medical Device, Pharmaceutical, Biotechnology, Others
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The Life science analytics market Report Contents Include
1. Executive Summary
2. Life Science Analytics Market Characteristics
3. Life Science Analytics Market Trends And Strategies
4. Impact Of COVID-19 On Life Science Analytics
5. Life Science Analytics Market Size And Growth
.......
26. Africa Life Science Analytics Market
27. Life Science Analytics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Life Science Analytics Market
29. Life Science Analytics Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the life science analytics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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