Life Science Analytics Market size was valued at USD 8.21 Bn. in 2021 and the total Life Science Analytics Market revenue is expected to grow at 7.7 % from 2022 to 2029, reaching nearly USD 14.75 Bn.

Market Scope:

The report provides an in-depth analysis of the current market and forecasts performance over the forecast period. Our summary report profiles the key criteria of the Life Science Analytics market to support you in making optimized business decisions. Market Overview provides detailed information on market size, regional share, benchmarking of the market players. The report helps in providing the complete knowledge of Life Science Analytics market to redefine the business strategies and utilise them to full potential.

The qualitative and quantitative data provided in the Life Science Analytics market study can help in understanding which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. It also includes professional and in-depth research on the current situation of the industry by important manufacturers.

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Life Science Analytics Market Segment Analysis :

Based on Application outlook, Due to the increasing adoption rate of analytical solutions in sales and marketing functionalities of organizations to increase sales productivity and design successful and effective marketing campaigns, the sales and marketing segment dominated the market in 2021 and accounted for a revenue share of over 30.0%. For instance, Nemours Children's Health System acquired analytical support from Oracle in February 2021 in order to embrace cloud business apps and deploy them throughout the organization's numerous business departments.

by Application Outlook

• Research and Development

• Sales and Marketing Support

• Regulatory Compliance

• Supply Chain Analytics

• Pharmacovigilance

by Component type

• Software

• Services

by End-User

• Medical Device

• Pharmaceutical

• Biotechnology

• Others

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Key Players:

• Oracle(US)

• Rockwell Automation Inc.(US)

• Navitas Life Sciences(US)

• IQVIA(US)

• SAS Institute Inc.(US)

• Cognizant(US)

• SAS Institute Inc.(US)

• MaxisIT(US)

• SCIOInspire(US)

• Corp Experfy,Inc.(US)

• Applexus Technologies(US)

• Saama Technologies Inc.(US)

• Incedo Inc, CitiusTech Inc.(US)

• Applexus Technologies(US)

• Sisense Inc.(US)

• IBM(US)

• Accenture(Ireland)

• Take Solutions Limited(India)

• Wipro Limited(India)

The Report provides insights on what growth strategies are being adopted by  key players such as forming strategic alliances, new product innovation etc. The report provides knowledge about if you are competing not only with companies or with alternate solution. The report helps in understanding pricing of the competitors in the Life Science Analytics market to analyse and create pricing strategy accordingly.

Regional Analysis:

The report shows detailed impact of COVID-19 on Life Science Analytics market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Life Science Analytics market during this crisis. In addition, report offers a set of concepts, which is expected to aid the decision and to plan a strategy for business. The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Life Science Analytics market growth in different nations.

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Key Questions answered in the Life Science Analytics Market Report are:

• Which product segment grabbed the largest share in the market?

• How is the competitive scenario of the market?

• Which are the key factors aiding the market growth?

• Which region holds the maximum share in the market?

• What will be the CAGR of the market during the forecast period?

• Which application segment emerged as the leading segment in the market?

• Which are the prominent players in the market?

• What key trends are likely to emerge in the market in the coming years?

• What will be the market size by 2029?

• Which company held the largest share in the market?

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