Life Science Analytics Market

Report Highlights

The scope of this report is broad and covers different products of life science analytics, along with the applications for life science analytics and life science analytics. The market is broken down by - product of life science analytics, applications, and regional markets. Revenue forecasts from 2019 to 2025 are given for each major product of life science analytics, application, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional life science analytics markets; it explains the major market drivers of the global life science analytics industry, current trends within the industry, major applications, and the regional dynamics of the global life science analytics market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global life science analytics industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global life science analytics market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global life science analytics market, and corresponding market share analysis by type, component, delivery mode, application and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for life science analytics, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the life science analytics market as compared to overall global economy.
• Insight into the growth development strategies of major life science analytics manufacturers and their key competitive landscape.
• Descriptive company profiles of the leading market participants, including SAS Institute Inc, IBM Corporation, Oracle Corporation, Iqvia, Accenture, Maxisit, Cognizant, Scio Health Analytics and Take Solutions.

Summary

Life science analytics refers to clinical data analysis which includes the use of predictive tools for enhanced patient care. The wide-ranging databases created on based on past reports aid healthcare professionals and pharmaceutical companies forecast future treatment trends. Life science analytics has emerged as a vital part of healthcare management. It allows data implementation for the fact-based analysis of predictive healthcare models.

As per the market by type, the market is segregated into descriptive analytics, predictive analytics, and prescriptive analytics. In 2020, descriptive analytics is expected to hold the maximum share of the life science analytics market.