Life Sciences Analytics Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Global Life Sciences Analytics Market size was valued at USD 8.3 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7% from 2022 to 2028.

Life science analysis refers to the systematic computational analysis of biological data to gain insight into living things. This includes descriptive, predictive and prescriptive analytics that leverage artificial intelligence (AI), big data and machine learning (ML) solutions and advanced devices. These technologies support clinical research, medical testing, disease diagnosis, drug discovery and development, sales and marketing, supply chain management, and drug surveillance. Life science analysis also aids in the early detection of pathology and the development of effective treatment alternatives.

Market Segments

By Type

• Descriptive Analytics
• Predictive Analytics
• Prescriptive Analytics

By Application

• Research & Development
• Preclinical Trials
• Clinical Trials
• Sales & Marketing
• Regulatory Compliance
• Supply Chain Optimization
• Pharmacovigilance

Key Players

Some the key players being Accenture Plc, Cognizant, Infosys Limited, International Business Machines Corporation, IQVIA Inc., Oracle Corporation, Rockwell Automation Inc., SAS Institute Inc., TAKE Solutions Limited and Wipro Limited.

Scope of the Report

The research study analyzes the global Life Sciences Analytics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Life Sciences Analytics Market Report

1. What was the Life Sciences Analytics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Life Sciences Analytics Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Life Sciences Analytics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.