Healthcare Analytics/Medical Analytics Market by Application, Type, End-user, Delivery Mode - Trends & Global Forecasts to 2020
- Language: English
- 351 Pages
- Published: December 2013
- Region: Global
The analysts forecast the Global Life Sciences Software market to grow at a CAGR of 9.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased need for storing and effectively using patient information. The Global Life Sciences Software market has also been witnessing the emergence of SaaS-based solutions. However, the high cost of implementation could pose a challenge to the growth of this market.
The report, Global Life Sciences Software market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Life Sciences Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are AccelrysInc., Cegedim SA, Medidata Solutions Inc., Oracle Corp., SAP AG, and SAS Institute Inc.
The other vendors mentioned in the report are CambridgeSoft Corp., Model N Inc., Perceptive Informatics Inc., PTC Therapeutics Inc., Revitas Inc., TIBCO Software Inc., and Veeva Systems Inc.
Key questions answered in this report:
- What will the market size be in 2016 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of these key vendors?
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01. Executive Summary
02. Scope of the Report
02.1 Market Overview
02.2 Product Offerings
03. Market Research Methodology
03.1 Market Research Process
03.2 Research Design
03.3 Research Methodology
04. List of Abbreviations
06. Market Landscape
06.1 Market Size and Forecast
06.2 Five Forces Analysis
07. Geographical Segmentation
07.1 Global Life Sciences Software Market by Geographical Segmentation 2012
07.2 Life Sciences Software Market in the Americas
07.2.1 Market Size and Forecast
07.3 Life Sciences Software Market in the EMEA Region
07.3.1 Market Size and Forecast
07.4 Life Sciences Software Market in the APAC Region
07.4.1 Market Size and Forecast
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.2 Market Share Analysis 2012
16.3 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Medidata Solutions Inc.
17.1.1 Business Overview
17.1.2 Business Segmentation
17.1.3 Key Information
17.1.4 SWOT Analysis
17.2 Oracle Corp.
17.2.1 Business Overview
17.2.2 Business Segmentation
17.2.3 Key Information
17.2.4 SWOT Analysis
17.3 SAP AG
17.3.1 Business Overview
17.3.2 Business Segmentation
17.3.3 Key Information
17.3.4 SWOT Analysis
17.4 SAS Institute Inc.
17.4.1 Business Overview
17.4.2 Business Segmentation
17.4.3 Revenue Segmentation by Region
17.4.4 Key Information
17.4.5 SWOT Analysis
18. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Life Sciences Software Market 2012-2016 (US$ million)
Exhibit 3: Global Life Sciences Software Market by Geographical Segmentation 2012
Exhibit 4: Life Sciences Software Market in the Americas 2012-2016 (US$ million)
Exhibit 5: Life Sciences Software Market in the EMEA Region 2012-2016 (US$ million)
Exhibit 6: Life Sciences Software Market in the APAC Region 2012-2016 (US$ million)
Exhibit 7: Global Life Sciences Software Market by Vendor Segmentation 2012
Exhibit 8: Business Segmentation of Medidata Solutions Inc.
Exhibit 9: Business Segmentation of Oracle Corp.
Exhibit 10: Business Segmentation of SAP AG
Exhibit 11: Business Segmentation of SAS Institute Inc.
Exhibit 12: Revenue Segmentation of SAS Institute Inc.
Commenting on the report, an analyst from the team said: “The emergence of SaaS-based life sciences solutions has enabled organizations to increase their efficiency and reduce the cost of deploying valuable IT infrastructure. However, organizations are still analyzing the feasibility and relevance of cloud computing solutions in their IT operations. The SaaS-based model for life sciences solutions offers a pay-per-use model, along with a one-time fee for software installation, maintenance, upgrades, and lifetime support. Hence, the Global Life Sciences Software market is witnessing a trend where vendors have begun to offer their solutions through the SaaS-based model to expand their services and enter new markets. In addition, life sciences solutions are becoming increasingly popular since they enable organizations to securely store, access, and maintain patient records, images, text, and data. This in turn is increasing the adoption of SaaS-based solutions during the forecast period.”
According to the report, one of the major drivers in the market is the increasing need for storage and effective usage of patient information to improve healthcare services. There has been a tremendous increase in the data generated in the Life Sciences sector over the years. In this regard, digital systems have played a major role in the effective management of these data, thereby enabling the Life Sciences sector to evolve to a large extent. Healthcare records and patient data are increasingly being converted to an electronic format since healthcare providers seek to use such data securely and with ease.
Further, the report states that one of the major challenges is the high cost of implementation. The deployment of life sciences solutions is an expensive process since it involves defining organizational requirements. It also requires expensive additional infrastructure, complex programming, and extra time and money to ensure data integration and data quality. In addition, most life sciences solution vendors launch software updates with improved features at an added cost. This in turn inhibits the growth of the Global Life Sciences Software market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Cegedim SA
- Medidata Solutions Inc.
- Oracle Corp.
- SAP AG
- SAS Institute Inc.
- CambridgeSoft Corp.
- Model N Inc.
- Perceptive Informatics Inc.
- PTC Therapeutics Inc.
- Revitas Inc.
- TIBCO Software Inc.
- and Veeva Systems Inc.