Life Science Analytics Market Size, Share And Trends Analysis Report By Component, By Type (Reporting, Descriptive, Predictive, Prescriptive), By Application, By Delivery (On-demand, On-premise), And Segment Forecasts, 2018 - 2025

  • ID: 4538892
  • Report
  • 100 pages
  • Grand View Research
1 of 4

FEATURED COMPANIES

  • Accenture
  • Cognizant
  • IBM
  • IQVIA
  • Oracle
  • SAS Institute, Inc.
  • MORE
The global life science analytics market size is expected to reach USD 25.9 billion by 2025, registering a CAGR of 12.9% during the forecast period. Increasing digitalization in pharma and life sciences industry to improve its value chain is one of the key factors anticipated to boost the market over the forecast period. In addition, reducing R&D productivity and increasing regulatory oversights are some of the factors expected to drive this market.

Rising healthcare cost is one of the crucial factors anticipated to positively impact the life science analytics market. Developing as well as developed regions are facing many challenges in providing cost-effective and qualitative care. According to various reports, approximately 70.0% of the geriatric population is expected to use some kind of long-term care during their lifetime. Based on the abovementioned scenario in 2017, on an average, a retired couple is anticipated to spend over USD 275,000 in healthcare throughout their lifetime. Moreover, political instability, economic stress, and lack of proactive initiatives may result in low healthcare funding.

Some of the key factors anticipated to boost global healthcare cost are growing number of claims pertaining to non-communicable diseases, priority for wellness at workplaces, and growing focus on wellness among adult and geriatric population. Growing healthcare cost is expected to boost demand for life science analytics to streamline third-party processes and optimize overall cost.

Adoption of big data analytics in the life sciences industry allows government and healthcare providers to identify high-risk population for preventive care measures and compare effective treatment procedures to evaluate relative cost of care, thereby reducing overall cost and improving quality of care. For instance, in 2011, the Arkansas Healthcare Payment Improvement Initiative (AHCPII) saved nearly USD 720 million while expanding its coverage to uninsured individuals in U.S.

Advanced methods such as predictive analytics are widely used in healthcare financing systems primarily to avoid frauds in payments. For instance, in 2011, CMS reported that under its Fraud Prevention System (FPS), predictive analytics helped save USD 1.5 billion by preventing frauds and improper payments. Moreover, CMS is developing next-generation predictive analytics, which is expected to boost its usage across applications.

Further Key Findings from the Report Suggest:
  • As of 2016, reporting was most widely used type and thus held nearly 30.0% share in the global market
  • In 2016, sales and marketing support held the largest share in the global market owing to higher adoption of analytics in the life sciences industry for sales activities
  • Some of the key players operating in this market are Accenture; Cognizant; IBM Corporation; Oracle; SAS Institute, Inc.; Wipro Limited; IQVIA; and TAKE Solutions Limited.
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Accenture
  • Cognizant
  • IBM
  • IQVIA
  • Oracle
  • SAS Institute, Inc.
  • MORE
Chapter 1. Research Methodology
1.1. Information Procurement
1.1.1. Purchased database
1.1.2. Internal database
1.2. Primary Research:
1.2.1. List of primary sources include (Partial List)

Chapter 2. Executive Summary
2.1. Market Snapshot

Chapter 3. Life Science Analytics Market Variables, Trends & Scope
3.1. Market Segmentation & Scope
3.1.1. Market driver analysis
3.1.1.1. Emergence of advanced analytics method in life science companies
3.1.1.2. Growing demand for personalized medicine
3.1.1.3. Rising impact of internet and social media on healthcare
3.1.1.4. Increasing penetration of analytics in life science industry
3.1.2. Market Restraint Analysis
3.1.2.1. Data privacy and theft issues
3.1.2.2. Lack of skilled professionals
3.2. Penetration & Growth Prospect Mapping
3.3. Life Science Analytics - SWOT Analysis, by Factor (Political & Legal, Economic & Technological)
3.4. Industry Analysis - Porter’s

Chapter 4. Life Science Analytics Market: Type Estimates & Trend Analysis
4.1. Life Science Analytics Market: Type Movement analysis (USD Million)
4.2. Reporting
4.2.1. Reporting life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
4.3. Descriptive
4.3.1. Descriptive life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
4.4. Predictive
4.4.1. Predictive life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
4.5. Prescriptive
4.5.1. Prescriptive life science analytics market estimates and forecast, 2014 - 2025 (USD Million)

Chapter 5. Life Science Analytics Market: Component Estimates & Trend Analysis
5.1. Life Science Analytics Market: Component Movement Analysis (USD Million)
5.2. Software
5.2.1. Life science analytics software market estimates and forecast, 2014 - 2025 (USD Million)
5.3. Services
5.3.1. Life science analytics services market estimates and forecast, 2014 - 2025 (USD Million)

Chapter 6. Life Science Analytics Market: Delivery Estimates & Trend Analysis
6.1. Life Science Analytics Market: Delivery Movement Analysis (USD Million)
6.2. On-demand
6.2.1. On-demand life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
6.3. On-premises
6.3.1. On-premises life science analytics market estimates and forecast, 2014 - 2025 (USD Million)

Chapter 7. Life Science Analytics Market: Application Estimates & Trend Analysis
7.1. Life Science Analytics Market: Application Movement analysis (USD Million)
7.2. Research and Development (R&D)
7.2.1. Market estimates and forecast for research and development, 2014 - 2025 (USD Million)
7.3. Sales and Marketing Support
7.3.1. Market estimates and forecast for sales and marketing support, 2014 - 2025 (USD Million)
7.4. Regulatory Compliance
7.4.1. Market estimates and forecast for regulatory compliance, 2014 - 2025 (USD Million)
7.5. Supply Chain Analytics
7.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
7.6. Pharmacovigilance (PV)
7.6.1. Market estimates and forecast for pharmacovigilance, 2014 - 2025 (USD Million)

Chapter 8. Life Science Analytics Market: Regional Estimates & Trend Analysis, by Type, Component, Delivery & Application
8.1. Life Science Analytics Market Share by Region, 2016 & 2025
8.2. North America
8.2.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.2.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.2.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.2.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.2.5. U.S.
8.2.5.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.2.5.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.2.5.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.2.5.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.2.6. Canada
8.2.6.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.2.6.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.2.6.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.2.6.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.3. Europe
8.3.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.3.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.3.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.3.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.3.5. U.K.
8.3.5.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.3.5.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.3.5.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.3.5.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.3.6. Germany
8.3.6.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.3.6.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.3.6.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.3.6.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.4. Asia Pacific
8.4.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.4.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.4.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.4.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.4.5. Japan
8.4.5.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.4.5.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.4.5.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.4.5.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.4.6. China
8.4.6.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.4.6.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.4.6.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.4.6.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.5. Latin America
8.5.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.5.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.5.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.5.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.5.5. Brazil
8.5.5.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.5.5.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.5.5.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.5.5.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.5.6. Mexico
8.5.6.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.5.6.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.5.6.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.5.6.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.6. MEA
8.6.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.6.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.6.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.6.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)
8.6.5. South Africa
8.6.5.1. Market estimates and forecast, by type, 2014 - 2025 (USD Million)
8.6.5.2. Market estimates and forecast, by component, 2014 - 2025 (USD Million)
8.6.5.3. Market estimates and forecast, by delivery, 2014 - 2025 (USD Million)
8.6.5.4. Market estimates and forecast, by application, 2014 - 2025 (USD Million)

Chapter 9. Competitive Landscape
9.1. Company Profiles
9.1.1. Accenture
9.1.1.1. Company overview
9.1.1.3. Product Benchmarking
9.1.1.4. Strategic initiatives
9.1.2. Cognizant
9.1.2.1. Company overview
9.1.2.2. Financial performance
9.1.2.3. Product benchmarking
9.1.2.4. Strategic initiatives
9.1.3. IBM
9.1.3.1. Company overview
9.1.3.2. Financial performance
9.1.3.3. Product benchmarking
9.1.3.4. Strategic initiatives
9.1.4. Oracle
9.1.4.1. Company overview
9.1.4.2. Financial performance
9.1.4.3. Product benchmarking
9.1.5. SAS Institute, Inc.
9.1.5.1. Company overview
9.1.5.2. Financial performance
9.1.5.3. Product benchmarking
9.1.5.4. Strategic initiative
9.1.6. Wipro Limited
9.1.6.1. Company overview
9.1.6.2. Financial performance
9.1.6.3. Product benchmarking
9.1.6.4. Strategic initiatives
9.1.7. IQVIA
9.1.7.1. Company overview
9.1.7.2. Financial performance
9.1.7.3. Product benchmarking
9.1.7.4. Strategic initiatives
9.1.8. TAKE Solutions Limited
9.1.8.1. Company overview
9.1.8.2. Financial performance
9.1.8.3. Product benchmarking
9.1.8.4. Strategic initiatives


FList of Tables

Table 1 North America life science analytics market, by type, 2014 - 2025 (USD Million)
Table 2 North America life science analytics market, by component, 2014 - 2025 (USD Million)
Table 3 North America life science analytics market, by application, 2014 - 2025 (USD Million)
Table 4 North America life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 5 U.S. life science analytics market, by type, 2014 - 2025 (USD Million)
Table 6 U.S. life science analytics market, by component, 2014 - 2025 (USD Million)
Table 7 U.S. life science analytics market, by application, 2014 - 2025 (USD Million)
Table 8 U.S. life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 9 Canada life science analytics market, by type, 2014 - 2025 (USD Million)
Table 10 Canada life science analytics market, by component, 2014 - 2025 (USD Million)
Table 11 Canada life science analytics market, by application, 2014 - 2025 (USD Million)
Table 12 Canada life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 13 Europe life science analytics market, by type, 2014 - 2025 (USD Million)
Table 14 Europe life science analytics market, by component, 2014 - 2025 (USD Million)
Table 15 Europe life science analytics market, by application, 2014 - 2025 (USD Million)
Table 16 Europe life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 17 U.K. life science analytics market, by type, 2014 - 2025 (USD Million)
Table 18 U.K. life science analytics market, by component, 2014 - 2025 (USD Million)
Table 19 U.K. life science analytics market, by application, 2014 - 2025 (USD Million)
Table 20 U.K. life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 21 Germany life science analytics market, by type, 2014 - 2025 (USD Million)
Table 22 Germany life science analytics market, by component, 2014 - 2025 (USD Million)
Table 23 Germany life science analytics market, by application, 2014 - 2025 (USD Million)
Table 24 Germany life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 25 Asia Pacific life science analytics market, by type, 2014 - 2025 (USD Million)
Table 26 Asia Pacific life science analytics market, by component, 2014 - 2025 (USD Million)
Table 27 Asia Pacific life science analytics market, by application, 2014 - 2025 (USD Million)
Table 28 Asia Pacific life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 29 Japan life science analytics market, by type, 2014 - 2025 (USD Million)
Table 30 Japan life science analytics market, by component, 2014 - 2025 (USD Million)
Table 31 Japan life science analytics market, by application, 2014 - 2025 (USD Million)
Table 32 Japan life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 33 China life science analytics market, by type, 2014 - 2025 (USD Million)
Table 34 China life science analytics market, by component, 2014 - 2025 (USD Million)
Table 35 China life science analytics market, by application, 2014 - 2025 (USD Million)
Table 36 China life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 37 Latin America life science analytics market, by type, 2014 - 2025 (USD Million)
Table 38 Latin America life science analytics market, by component, 2014 - 2025 (USD Million)
Table 39 Latin America life science analytics market, by application, 2014 - 2025 (USD Million)
Table 40 Latin America life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 41 Brazil life science analytics market, by type, 2014 - 2025 (USD Million)
Table 42 Brazil life science analytics market, by component, 2014 - 2025 (USD Million)
Table 43 Brazil life science analytics market, by application, 2014 - 2025 (USD Million)
Table 44 Brazil life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 45 Mexico life science analytics market, by type, 2014 - 2025 (USD Million)
Table 46 Mexico life science analytics market, by component, 2014 - 2025 (USD Million)
Table 47 Mexico life science analytics market, by application, 2014 - 2025 (USD Million)
Table 48 Mexico life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 49 MEA life science analytics market, by type, 2014 - 2025 (USD Million)
Table 50 MEA life science analytics market, by component, 2014 - 2025 (USD Million)
Table 51 MEA life science analytics market, by application, 2014 - 2025 (USD Million)
Table 52 MEA life science analytics market, by delivery, 2014 - 2025 (USD Million)
Table 53 South Africa life science analytics market, by type, 2014 - 2025 (USD Million)
Table 54 South Africa life science analytics market, by component, 2014 - 2025 (USD Million)
Table 55 South Africa life science analytics market, by application, 2014 - 2025 (USD Million)
Table 56 South Africa life science analytics market, by delivery, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market summary, 2016 (USD Million)
FIG. 5 Market trends & outlook
FIG. 6 Market segmentation & scope
FIG. 7 Market driver relevance analysis (Current & future impact)
FIG. 8 Per capita health expenditure, USD, (2014-2017)
FIG. 9 Usage of social media in healthcare.
FIG. 10 Some of the application of analytics in lifescience industry
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 SWOT analysis, by factor (political & legal, economic and technological)
FIG. 14 Porter’s Five Forces Analysis
FIG. 15 Life science analytics market type outlook key takeaways
FIG. 16 Life science analytics market: Type movement analysis (USD Million)
FIG. 17 Global reporting life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 18 Global descriptive life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 19 Global predictive life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 20 Global prescriptive life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 21 Life science analytics market: Component outlook key takeaways
FIG. 22 Life science analytics market: Component movement analysis (USD Million)
FIG. 23 Global life science analytics software market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 24 Global life science analytics services market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 25 Life science analytics market: Delivery outlook key takeaways
FIG. 26 Life science analytics market: Delivery movement analysis (USD Million)
FIG. 27 Global on-demand life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 28 Global on-premises life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 29 Life science analytics market: Application outlook key takeaways
FIG. 30 Life science analytics market: Application movement analysis (USD Million)
FIG. 31 Global life science analytics market for research and development, 2014 - 2025 (USD Million)
FIG. 32 Use Cases of Big Data Analytics, 2016
FIG. 33 Global life science analytics market for sales and marketing support, 2014 - 2025 (USD Million)
FIG. 34 Global life science analytics market for regulatory compliance, 2014 - 2025 (USD Million)
FIG. 35 Global life science supply chain analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 36 Global life science analytics market for pharmacovigilance, 2014 - 2025 (USD Million)
FIG. 37 Regional market place: Key takeaways
FIG. 38 Regional outlook, 2016 & 2025
FIG. 39 North America life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 40 U.S. life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 41 Canada life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 42 Europe life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 43 U.K. life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 44 Germany life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 45 Asia Pacific life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 46 Japan life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 47 China life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 48 Latin America life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 49 Brazil life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 50 Mexico life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 51 MEA life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 52 South Africa life science analytics market estimates and forecast, 2014 - 2025 (USD Million)
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Accenture
  • Cognizant
  • IBM
  • Oracle
  • SAS Institute, Inc.
  • Wipro Limited
  • IQVIA
  • TAKE Solutions Limited
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll