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Life Sciences BPO - Global Strategic Business Report

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    Report

  • 196 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5309479

Global Life Sciences BPO Market to Reach $499.6 Billion by 2030

The global market for Life Sciences BPO estimated at US$301.5 Billion in the year 2022, is projected to reach a revised size of US$499.6 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030. Pharmaceutical Outsourcing Services, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach US$254.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Medical Device Outsourcing Services segment is readjusted to a revised 7.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $90.8 Billion, While China is Forecast to Grow at 6.1% CAGR

The Life Sciences BPO market in the U.S. is estimated at US$90.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$87 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Select Competitors (Total 46 Featured) -

  • Accenture PLC
  • Boehringer Ingelheim International GmbH
  • Catalent, Inc.
  • Cognizant Technology Solutions Corporation
  • Covance, Inc.
  • Genpact Ltd.
  • ICON PLC
  • Infosys Ltd.
  • Lonza Group AG
  • PAREXEL International Corporation
  • Wipro Ltd.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Life Sciences BPO - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Life Sciences BPO Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Life Sciences BPO by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Life Sciences BPO by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Life Sciences BPO by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Pharmaceutical Outsourcing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for Pharmaceutical Outsourcing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for Pharmaceutical Outsourcing Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Medical Device Outsourcing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Medical Device Outsourcing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Medical Device Outsourcing Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Sales & Marketing Outsourcing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Sales & Marketing Outsourcing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Sales & Marketing Outsourcing Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Other Service Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Other Service Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Other Service Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Active Players in United States
  • Table 17: USA Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 18: USA Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: USA 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
CANADA
  • Active Players in Canada
  • Table 20: Canada Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: Canada Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: Canada 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
JAPAN
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Active Players in Japan
  • Table 23: Japan Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 24: Japan Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: Japan 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
CHINA
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Active Players in China
  • Table 26: China Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: China Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: China 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
EUROPE
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 29: Europe Recent Past, Current & Future Analysis for Life Sciences BPO by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 30: Europe Historic Review for Life Sciences BPO by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: Europe 16-Year Perspective for Life Sciences BPO by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 32: Europe Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 33: Europe Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: Europe 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
FRANCE
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Active Players in France
  • Table 35: France Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 36: France Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: France 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
GERMANY
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Active Players in Germany
  • Table 38: Germany Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 39: Germany Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 40: Germany 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
ITALY
  • Active Players in Italy
  • Table 41: Italy Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 42: Italy Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 43: Italy 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
UNITED KINGDOM
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Active Players in United Kingdom
  • Table 44: UK Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: UK Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 46: UK 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
REST OF EUROPE
  • Active Players in Rest of Europe
  • Table 47: Rest of Europe Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 48: Rest of Europe Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 49: Rest of Europe 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
ASIA-PACIFIC
  • Life Sciences BPO Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Active Players in Asia-Pacific
  • Table 50: Asia-Pacific Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: Asia-Pacific Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 52: Asia-Pacific 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
REST OF WORLD
  • Active Players in Rest of World
  • Table 53: Rest of World Recent Past, Current & Future Analysis for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 54: Rest of World Historic Review for Life Sciences BPO by Service Type - Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 55: Rest of World 16-Year Perspective for Life Sciences BPO by Service Type - Percentage Breakdown of Value Sales for Pharmaceutical Outsourcing Services, Medical Device Outsourcing Services, Sales & Marketing Outsourcing Services and Other Service Types for the Years 2014, 2023 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Accenture PLC
  • Boehringer Ingelheim International GmbH
  • Catalent, Inc.
  • Cognizant Technology Solutions Corporation
  • Covance, Inc.
  • Genpact Ltd.
  • ICON PLC
  • Infosys Ltd.
  • Lonza Group AG
  • PAREXEL International Corporation
  • Wipro Ltd.

Table Information