Global Life Science Analytics Software Market Report (2022 to 2027) - Featuring Accenture, Cerner and IBM Among Others


Dublin, Sept. 09, 2022 (GLOBE NEWSWIRE) -- The "Global Life Science Analytics Software Market (2022-2027) by Type, Application, Component, Delivery Model, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to's offering.

The Global Life Science Analytics Software Market is estimated to be USD 25.86 Bn in 2022 and is expected to reach USD 47.81 Bn by 2027, growing at a CAGR of 13.08%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Life Science Analytics Software Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are IBM, Oracle, SAS Institute, Accenture, IQVIA, Cognizant, Wipro, Allscripts Healthcare Solutions, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Life Science Analytics Software Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Life Science Analytics Software Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 Growing Adoption of Analytics Solutions in Clinical Trials, Sales, and Marketing Applications
4.1.2 Need for Improved Data Standardization
4.1.3 Growing Pressure to Curb Healthcare Spending and the Need for Improved Patient Outcomes
4.2 Restraints
4.2.1 High implementation costs
4.3 Opportunities
4.3.1 Increasing Focus on Value-Based Medicine by Using Analytics in Precision and Personalized Medicine
4.3.2 Use of Big Data Analytics to Increase R&D Productivity
4.3.3 Emergence of Social Media and Its Impact on the Life Science Industry
4.4 Challenges
4.4.1 Data Privacy Issues
4.4.2 Data Integration in the Life Science Ecosystem
4.4.3 Dearth of Skilled Personnel

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Life Science Analytics Software Market, By Type
6.1 Introduction
6.2 Descriptive Analytics
6.3 Predictive Analytics
6.4 Prescriptive Analytics

7 Global Life Science Analytics Software Market, By Component
7.1 Introduction
7.2 Services
7.3 Software

8 Global Life Science Analytics Software Market, By Delivery Model
8.1 Introduction
8.2 On-Premise Delivery Model
8.3 On-Demand Delivery Model

9 Global Life Science Analytics Software Market, By Application
9.1 Introduction
9.2 Research & Development
9.2.1 Clinical Trials
9.2.2 Preclinical Trials
9.3 Sales & Marketing
9.4 Pharmacovigilance
9.5 Regulatory Compliance
9.6 Supply Chain Optimization

10 Global Life Science Analytics Software Market, By End User
10.1 Introduction
10.2 Pharmaceutical and Biotechnology Companies
10.3 Medical Device Companies
10.4 Research Centers
10.5 Third-Party Administrators

11 Americas' Life Science Analytics Software Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas

12 Europe's Life Science Analytics Software Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe

13 Middle East and Africa's Life Science Analytics Software Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA

14 APAC's Life Science Analytics Software Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific

15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements

16 Company Profiles
16.1 Accenture
16.2 Allscripts Healthcare Solutions
16.3 Cerner
16.4 Cognizant
16.5 Cotiviti Holdings
16.6 IBM
16.7 IQVIA
16.8 Maxisit
16.9 Microsoft
16.10 Optum
16.11 Oracle
16.12 SAS Institute
16.13 Scio Health Analytics
16.14 Take Solutions
16.15 Wipro

17 Appendix

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