About Life Science BPO
BPO has an important role in the Life Science industry. Pharmaceutical companies and biotechnology companies are constantly facing issues due to economic instability. The stringent regulatory environment and the patent expiry of several important drugs are leading to diminishing profit margins to many life science companies. This scenario has forced life science companies to outsource their R&D activities and other core activities. Life science BPO service providers enable companies to optimize their business processes by helping them in manufacturing processes, research processes, and sales processes.
TechNavio's analysts forecast the Global Life Science BPO market to grow at a CAGR of 18.11 percent over the period 2013-2018.
Covered in this Report
The report covers the present scenario and the growth prospects of the Global Life Science BPO market for the period 2014-2018. The Global Life Science BPO market is segmented into three: Contract Manufacturing Organizations, Contract Research Organizations, and Contract Sales Organizations.
TechNavio's report, the Global Life Science BPO Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Life Science BPO market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• APAC
• EMEA
Key Vendors
• Catalent
• Cognizant Technology Solutions
• Covance
• PRA Health Sciences
Other Prominent Vendors
• Ashfield Healthcare
• Charle River Laboratories
• DSM
• Icon
• Inc Research
• inVentiv Health
• Parexel Inetrnational
• PDI
• Piramal Enterprises
• Quintiles Translational
• Ricera BioSciences
• Siro Clinpharm
• Takeda Pharmaceuticals
• Vanguard Pharma
• Wipro
• WuXi App Tec.Support.com
Market Driver
• Increased R&D Expenses
• For a full, detailed list, view our report
Market Challenge
• Issues Pertaining to IP Ownership
• For a full, detailed list, view our report
Market Trend
• Demand for Analytics solutions in Life Science Industry
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 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 the key vendors?
Global Life Sciences BPO Market 2014-2018
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Research Methodology
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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