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Life Science Analytics Market Growth at 7.7% CAGR by 2030

01-10-2025 04:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Maximize Market Research Pvt. Ltd.

Life Science Analytics Market

Life Science Analytics Market

๐‹๐ข๐Ÿ๐ž ๐’๐œ๐ข๐ž๐ง๐œ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global life science analytics market is experiencing substantial expansion, driven by the increasing adoption of advanced analytics in the life sciences sector. Valued at approximately USD 23.20 billion in 2023, the market is projected to reach USD 38.99 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.7% during the forecast period.

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Several factors contribute to this robust growth:

๐‘ป๐’†๐’„๐’‰๐’๐’๐’๐’๐’ˆ๐’Š๐’„๐’‚๐’ ๐‘จ๐’…๐’—๐’‚๐’๐’„๐’†๐’Ž๐’†๐’๐’•๐’”: The integration of artificial intelligence (AI) and machine learning (ML) into analytics platforms enhances data processing capabilities, enabling more accurate and efficient analysis.
๐‘ท๐’†๐’“๐’”๐’๐’๐’‚๐’๐’Š๐’›๐’†๐’… ๐‘ด๐’†๐’…๐’Š๐’„๐’Š๐’๐’†:The shift towards personalized treatment plans necessitates advanced analytics to interpret complex patient data, thereby improving patient outcomes.
๐‘น๐’†๐’ˆ๐’–๐’๐’‚๐’•๐’๐’“๐’š ๐‘ช๐’๐’Ž๐’‘๐’๐’Š๐’‚๐’๐’„๐’†: Stringent regulatory requirements in the life sciences industry drive the adoption of analytics solutions to ensure compliance and maintain data integrity.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/6273/

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

The life science analytics market is witnessing varied growth patterns and strategic developments across different countries:

๐‘ท๐’“๐’†๐’…๐’Š๐’„๐’•๐’Š๐’—๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž

Vietnam is increasingly embracing predictive analytics to enhance its healthcare infrastructure. The government's focus on digital health initiatives has led to collaborations with technology firms to implement analytics solutions aimed at improving patient care and operational efficiency.

๐‘ซ๐’†๐’”๐’„๐’“๐’Š๐’‘๐’•๐’Š๐’—๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…

Thailand's healthcare sector is leveraging descriptive analytics to better understand patient demographics and disease patterns. This approach aids in resource allocation and policy formulation, contributing to improved healthcare services nationwide.

๐‘ท๐’“๐’†๐’”๐’„๐’“๐’Š๐’‘๐’•๐’Š๐’—๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’

Japan is at the forefront of adopting prescriptive analytics in the life sciences industry. Companies like ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฑ๐—ฎ ๐—ฃ๐—ต๐—ฎ๐—ฟ๐—บ๐—ฎ๐—ฐ๐—ฒ๐˜‚๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜† are utilizing these advanced analytics to optimize clinical trial processes and accelerate drug development.

๐‘ณ๐’Š๐’‡๐’† ๐‘บ๐’„๐’Š๐’†๐’๐’„๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚

South Korea is witnessing consolidation in the life science analytics market, with major players forming strategic partnerships. For instance, ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ has collaborated with analytics firms to enhance its biopharmaceutical manufacturing capabilities.

๐‘ณ๐’Š๐’‡๐’† ๐‘บ๐’„๐’Š๐’†๐’๐’„๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ผ๐’‘๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†

Singapore continues to update its data analytics infrastructure to maintain its status as a leading biomedical hub. The government's investment in health tech startups fosters innovation in life science analytics, promoting advancements in the sector.

๐‘ณ๐’Š๐’‡๐’† ๐‘บ๐’„๐’Š๐’†๐’๐’„๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐’•๐’‰๐’† ๐‘ผ๐’๐’Š๐’•๐’†๐’… ๐‘บ๐’•๐’‚๐’•๐’†๐’”

The United States remains a dominant player in the life science analytics market. Companies such as ๐ˆ๐๐•๐ˆ๐€ ๐š๐ง๐ ๐’๐€๐’ ๐ˆ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ž ๐ˆ๐ง๐œ. are leading the development of advanced analytics solutions, driving innovation and efficiency in the life sciences sector.

๐‘ณ๐’Š๐’‡๐’† ๐‘บ๐’„๐’Š๐’†๐’๐’„๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ช๐’‰๐’Š๐’๐’‚

China's vast population generates significant healthcare data, presenting opportunities for big data analytics. Firms like ๐€๐ฅ๐ข๐›๐š๐›๐š ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐ are investing in analytics to improve healthcare delivery and patient outcomes.

๐‘ณ๐’Š๐’‡๐’† ๐‘บ๐’„๐’Š๐’†๐’๐’„๐’† ๐‘จ๐’๐’‚๐’๐’š๐’•๐’Š๐’„๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†

European countries are integrating AI into life science analytics to enhance research and development. Companies such as ๐’๐ข๐ž๐ฆ๐ž๐ง๐ฌ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐ข๐ง๐ž๐ž๐ซ๐ฌ are at the forefront, developing AI-driven analytics tools to support the life sciences industry.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/6273/

๐‹๐ข๐Ÿ๐ž ๐’๐œ๐ข๐ž๐ง๐œ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Descriptive
Predictive
Prescriptive

Type-wise, Descriptive analytics currently holds the largest market share in the Life Science Analytics market, according on the kind of analytics. Predictive and prescriptive analytics are anticipated to increase at a faster rate than its estimated 38.56% market share in 2023. Clinical research and drug safety monitoring are only two of the many life science domains that descriptive analytics serves. Quick access to fundamental information using descriptive analytics enables prompt decision-making and process enhancement.

๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ

Software
Services

๐›๐ฒ ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ

On-demand
On-premises

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Research and Development
Sales and Marketing Support
Regulatory Compliance
Supply Chain Analytics
Pharmacovigilance

By Application: Businesses in the life sciences are increasingly focussing on particular clientele groups and customising their advertising messages according to their unique requirements and inclinations. In order to uncover these sales and marketing opportunities, analyse consumer behaviour, and forecast sales potential, analytics is essential. With around 32% of the market in 2023, sales and marketing is the application with the largest market share in the life science analytics space. Faster growth is anticipated for other applications such as drug discovery, research and development, and clinical trials. The market for life science analytics is a result of the growing emphasis on personalised treatment, quicker drug development cycles, and improved clinical trial design and analysis.

๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ

Medical Device
Pharmaceutical & Biotechnology
Third-Party Administration

Pharmaceutical and biotechnology companies still dominate the end-user market, but other sectors including academic institutions and research organisations and contract research organisations (CROs) are predicted to rise significantly. Their market is expected to be driven by increased industry-academia cooperation as well as the outsourcing of research and development tasks to CROs and other segments during the 2024-2030 projection period. In 2023, pharmaceutical and biotechnology firms will account for 42.90% of the life science analytics market. The demand for sophisticated analytics solutions is fuelled by the enormous volumes of data generated by companies like Illumina, Thermo Fisher Scientific, and Invitae from research, clinical trials, drug development, and sales and marketing. Pharmaceutical and biotech dominance is driven by the need for efficiency and innovation.

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐ซ๐ž๐ ๐š๐ซ๐๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฐ๐ž๐›๐ฉ๐š๐ ๐ž: https://www.maximizemarketresearch.com/request-sample/6273/

๐‹๐ข๐Ÿ๐ž ๐’๐œ๐ข๐ž๐ง๐œ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

North America Life Science Analytics Market Key Players
1. IQVIA(United States)
2. Oracle (United States)
3. Cognizant (United States)
4. GE Healthcare (United States)
5. SAS Institute Inc. (United States)
6. IBM (United States)
7. Microsoft (United States)
8. Thermo Fisher Scientific (United States)
9. Veeva Systems (United States)
10. Alteryx (United States)
11. Datavant (United States)
12. Medidata Solutions (United States)
13. Parexel International (United States)
14. Biogen Inc. (United States)
Europe Life Science Analytics Market Key Players
1. Roche Diagnostics (Switzerland)
2. Siemens Healthineers (Germany)
4. Philips Healthcare (Netherlands)
Asia Pacific Life Science Analytics Market Key Players
1. Infosys (Bengaluru, India)
2. Wipro (India)
3. TCS (Tata Consultancy Services) (Mumbai, India)
4. Mahindra Satyam (Bengaluru, India)
5. Reliance Jio Infocomm (Navi Mumbai, India)

๐’๐ญ๐š๐ฒ ๐š๐ก๐ž๐š๐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ซ๐ฏ๐ž ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ซ๐จ๐ฆ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Global Managed Firewall Services Market https://www.maximizemarketresearch.com/market-report/global-managed-firewall-services-market/111683/

Global Photo-Engraving Material Market https://www.maximizemarketresearch.com/market-report/global-photo-engraving-material-market/104480/

India Frozen Food Packaging Market https://www.maximizemarketresearch.com/market-report/india-frozen-food-packaging-market/21550/

Global Augmented Reality Packaging Market https://www.maximizemarketresearch.com/market-report/global-augmented-reality-packaging-market/102004/

India Two Wheeler Fuel Injection Systems Market https://www.maximizemarketresearch.com/market-report/india-two-wheeler-fuel-injection-systems-market/20086/

Global Computer on Module Market https://www.maximizemarketresearch.com/market-report/global-computer-on-module-market/39135/

Transportation Battery Market https://www.maximizemarketresearch.com/market-report/transportation-battery-market/147475/

Anti Foaming Agent Market https://www.maximizemarketresearch.com/market-report/anti-foaming-agent-market/148780/

Global Relational Database Management System Market https://www.maximizemarketresearch.com/market-report/global-relational-database-management-system-market/90652/

Membership Management Software Market https://www.maximizemarketresearch.com/market-report/global-membership-management-software-market/16047/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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The global E-Bike Market is entering a transformative growth phase, underpinned by accelerating demand for eco-friendly transportation, rapid advances in battery and motor technologies, and strong policy support for sustainable urban mobility. Valued at USD 60.65 Billion in 2024, the market is projected to expand at a compound annual growth rate (CAGR) of 12.3% from 2025 to 2032, reaching nearly USD 153.42 Billion by 2032. As cities worldwide seek toโ€ฆ
Data Center Liquid Immersion Cooling Market Set for Rapid Expansion, Driven by High-Density Computing and Sustainability Imperatives
01-14-2026 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Data Center Liquid Immersion Cooling Market Set for Rapid Expansion, Driven by H โ€ฆ
Data Center Liquid Immersion Cooling Market to Grow from USD 640.94 Million in 2023 to USD 3,340.83 Million by 2030, Registering a Robust CAGR of 26.6% (2024-2030) The global Data Center Liquid Immersion Cooling Market is witnessing a transformative phase as data center operators worldwide seek advanced, energy-efficient cooling solutions to address rising power densities, sustainability mandates, and escalating operational costs. Valued at USD 640.94 million in 2023, the marketโ€ฆ
Exosomes Market Forecast: USD 3,430.99 Million Opportunity by 2032
01-14-2026 | Health & Medicine
MAXIMIZE MARKET RESEARCH PVT. LTD.
Exosomes Market Forecast: USD 3,430.99 Million Opportunity by 2032
Exosomes Market size was valued at USD 423.2 Mn in 2024 and is expected to reach USD 3430.99 Mn by 2032, at a CAGR of 29.90 The global exosomes market is currently poised for explosive growth, fundamentally driven by the paradigm shift toward non-invasive diagnostics and the rising prominence of "liquid biopsies" in oncology. Once considered mere cellular waste, these extracellular vesicles are now recognized as critical mediators of intercellular communication,โ€ฆ

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11-23-2018 | Advertising, Media Consulting, โ€ฆ
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Military Personal Protective Equipment Market 2024 | 3M Ceradyne (United States) โ€ฆ
Military personal protective equipment has become a crucial and standard element of soldier equipment. One of the major factor driving the market is the increasing role of ground troops in different parts of the world such as Iraq, Afghanistan and India among others. The demand for military personal protective equipment is anticipated to be driven by modernization initiatives undertaken by several large defense spenders globally and various internal security threats,โ€ฆ
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Internet of Things Market 2021 | Google Inc. (United States), Cisco Systems Inc. โ€ฆ
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