Life Sciences Analytics Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, France, UK, Japan - Size and Forecast 2024-2028
| Published: Oct 2023 | Pages: 168 | SKU: IRTNTR71141 |
Life Sciences Analytics Market 2024-2028
The life sciences analytics market is projected to reach a value of USD 7.83 billion accelerating at a CAGR of 12.02% between 2023 and 2028.
Key Findings:
- The life sciences analytics market remained historically at high levels from 2018 to 2023.
- The market is segmented into Deployment, End-user, and Geography.
- The cloud segment under the deployment category generated the largest revenue in 2018.
- Key regions boosting the market growth include North America, Europe, Asia, and Rest of World (ROW).
Life Sciences Analytics Market Share
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Life Sciences Analytics Market: Key Drivers, Trends and Challenges
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Life Sciences Analytics Market Driver
One of the key factors driving the life sciences analytics market growth is the increasing adoption of EHRs. EHRs are essentially a digital collection of medical information of patients.EHRs and EMRs are mainly used for the storage of information about patients in electronic documents. In addition, EHR systems automate access to information and streamline hospital workflows.
Moreover, the digital records that are collected through EHRs and EMRs can be shared across devices that are connected to a network. Therefore, physicians and doctors can use EHRs to access medical histories, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and test results of patients. Hence, the increasing adoption of EHRs in healthcare institutions positively impacts the market. Therefore, it is expected to drive the market growth during the forecast period.
Key Life Sciences Analytics Market Trends
A key factor shaping the life sciences analytics market growth is the increasing focus on value-based medicine. Value in health care can be referred to as the measured improvement in a person's health outcomes for the cost of achieving that improvement. In addition, value-based health care (VBHC) is a framework for restructuring healthcare systems with the overarching goal of value for patients, with value defined as health outcomes per unit of costs.
Moreover, value-based healthcare is a method of providing medical care in which hospitals and doctors are compensated according to the progress of their patient's health. Furthermore, value-based care agreements pay providers to assist patients in living healthier lives, reducing the effects and incidence of chronic disease, and improving their overall health. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.
Major Life Sciences Analytics Market Challenge
The high implementation cost of life sciences analytics is one of the key challenges hindering the life sciences analytics market growth. The upfront costs related to the implementation of life sciences analytics solutions can limit the adoption by some organizations, particularly smaller ones or those in resource-constrained regions. In addition, even larger organizations may face budget constraints that prevent them from making substantial investments in analytics.
Moreover, budget limitations can lead to slower adoption or a reluctance to commit to analytics projects. In addition, investing a significant portion of the budget in analytics implementation may divert resources from other critical healthcare and research initiatives. Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the market growth during the forecast period.
Life Sciences Analytics Market Segmentations
The deployment segment is classified into cloud and on-premises. The end-user segment is classified into pharmaceutical companies, biotechnology companies, and others. The geography segment includes key regions such as North America, Europe, Asia, and the Rest of the World (ROW).
Deployment Segment
The cloud segment is estimated to witness significant growth during the forecast period. Cloud-based analytics is essentially a service that examines the rapid evolution of cloud business models and displays cloud service ideas and approaches. In addition, healthcare cloud-based analytics is applied to obtain real-world, evidence-based decision-making authority. As a result, this has enabled steady improvement in patient health and hygiene, which is fuelled by the upkeep of patient care facilities.
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The cloud segment was the largest segment and was valued at USD 4.44 billion in 2018. Moreover, the cloud-based life science software does not require additional software installation as the data is maintained at the market players' data centers. In addition, the users can access the data on a subscription basis. Furthermore, the end-users pay a monthly subscription fee that includes maintenance and system upgrades. In addition, cloud-based analytics offers advantages such as unified collaboration enhanced operational efficiency, and advanced analytics. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
Regional Analysis
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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Some of the main factors that are significantly contributing to the growth of the market in North America include the demand for security, easy access to data, and the need for effective patient information management. In addition, the US and Canada are the key contributors to the healthcare analytics market in North America. SAS Institute, Oracle, and Veeva Systems are some of the major market players in the healthcare analytics market in the region.
Moreover, the US and Canada have been early adopters of advanced technologies, such as machine learning, predictive analytics, and quantum and cognitive computing, across business processes, which help these countries adopt industrial automation across all industry verticals, including life sciences analytics. Hence, such factors drive the market growth in North America during the forecast period.
Key Companies in Life Sciences Analytics Market
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Accenture Plc: The company offers life sciences analytics solutions such as Intient.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
- Alteryx Inc.
- Amazon.com Inc.
- Cognizant Technology Solutions Corp.
- Cotiviti Inc.
- ExlService Holdings Inc.
- International Business Machines Corp.
- IQVIA Holdings Inc.
- MaxisIT Inc.
- Microsoft Corp.
- Oracle Corp.
- Pyramid Analytics BV
- SAS Institute Inc.
- Sisense Ltd.
- TAKE Solutions Ltd.
- ThoughtSphere
- ThoughtSpot Inc.
- UnitedHealth Group Inc.
- Veradigm LLC
- Wipro Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
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Life Sciences Analytics Market Scope |
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Report Coverage |
Details |
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Page number |
168 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 12.02% |
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Market growth 2024-2028 |
USD 7.83 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
11.5 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 36% |
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Key countries |
US, Germany, France, UK, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Accenture Plc, Alteryx Inc., Amazon.com Inc., Cognizant Technology Solutions Corp., Cotiviti Inc., ExlService Holdings Inc., International Business Machines Corp., IQVIA Holdings Inc., MaxisIT Inc., Microsoft Corp., Oracle Corp., Pyramid Analytics BV, SAS Institute Inc., Sisense Ltd., TAKE Solutions Ltd., ThoughtSphere, ThoughtSpot Inc., UnitedHealth Group Inc., Veradigm LLC, and Wipro Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Life Sciences Analytics Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2024 and 2028
- Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global life sciences analytics market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global life sciences analytics market 2018 - 2022 ($ billion)
- 4.2 Deployment Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Deployment Segment 2018 - 2022 ($ billion)
- 4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Deployment
- 6.1 Market segments
- Exhibit 30: Chart on Deployment - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Deployment - Market share 2023-2028 (%)
- 6.2 Comparison by Deployment
- Exhibit 32: Chart on Comparison by Deployment
- Exhibit 33: Data Table on Comparison by Deployment
- 6.3 Cloud - Market size and forecast 2023-2028
- Exhibit 34: Chart on Cloud - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Cloud - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Cloud - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Cloud - Year-over-year growth 2023-2028 (%)
- 6.4 On-premises - Market size and forecast 2023-2028
- Exhibit 38: Chart on On-premises - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on On-premises - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on On-premises - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on On-premises - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Deployment
- Exhibit 42: Market opportunity by Deployment ($ billion)
- Exhibit 43: Data Table on Market opportunity by Deployment ($ billion)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user
- 7.3 Pharmaceutical companies - Market size and forecast 2023-2028
- Exhibit 48: Chart on Pharmaceutical companies - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Pharmaceutical companies - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Pharmaceutical companies - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Pharmaceutical companies - Year-over-year growth 2023-2028 (%)
- 7.4 Biotechnology companies - Market size and forecast 2023-2028
- Exhibit 52: Chart on Biotechnology companies - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Biotechnology companies - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Biotechnology companies - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Biotechnology companies - Year-over-year growth 2023-2028 (%)
- 7.5 Others - Market size and forecast 2023-2028
- Exhibit 56: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ billion)
- Exhibit 61: Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 Asia - Market size and forecast 2023-2028
- Exhibit 75: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 9.7 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.8 Germany - Market size and forecast 2023-2028
- Exhibit 87: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.9 France - Market size and forecast 2023-2028
- Exhibit 91: Chart on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.10 UK - Market size and forecast 2023-2028
- Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Accenture Plc
- Exhibit 111: Accenture Plc - Overview
- Exhibit 112: Accenture Plc - Business segments
- Exhibit 113: Accenture Plc - Key news
- Exhibit 114: Accenture Plc - Key offerings
- Exhibit 115: Accenture Plc - Segment focus
- 12.4 Cognizant Technology Solutions Corp.
- Exhibit 116: Cognizant Technology Solutions Corp. - Overview
- Exhibit 117: Cognizant Technology Solutions Corp. - Business segments
- Exhibit 118: Cognizant Technology Solutions Corp. - Key news
- Exhibit 119: Cognizant Technology Solutions Corp. - Key offerings
- Exhibit 120: Cognizant Technology Solutions Corp. - Segment focus
- 12.5 Cotiviti Inc.
- Exhibit 121: Cotiviti Inc. - Overview
- Exhibit 122: Cotiviti Inc. - Product / Service
- Exhibit 123: Cotiviti Inc. - Key offerings
- 12.6 ExlService Holdings Inc.
- Exhibit 124: ExlService Holdings Inc. - Overview
- Exhibit 125: ExlService Holdings Inc. - Business segments
- Exhibit 126: ExlService Holdings Inc. - Key news
- Exhibit 127: ExlService Holdings Inc. - Key offerings
- Exhibit 128: ExlService Holdings Inc. - Segment focus
- 12.7 International Business Machines Corp.
- Exhibit 129: International Business Machines Corp. - Overview
- Exhibit 130: International Business Machines Corp. - Business segments
- Exhibit 131: International Business Machines Corp. - Key news
- Exhibit 132: International Business Machines Corp. - Key offerings
- Exhibit 133: International Business Machines Corp. - Segment focus
- 12.8 IQVIA Holdings Inc.
- Exhibit 134: IQVIA Holdings Inc. - Overview
- Exhibit 135: IQVIA Holdings Inc. - Business segments
- Exhibit 136: IQVIA Holdings Inc. - Key news
- Exhibit 137: IQVIA Holdings Inc. - Key offerings
- Exhibit 138: IQVIA Holdings Inc. - Segment focus
- 12.9 MaxisIT Inc.
- Exhibit 139: MaxisIT Inc. - Overview
- Exhibit 140: MaxisIT Inc. - Product / Service
- Exhibit 141: MaxisIT Inc. - Key offerings
- 12.10 Microsoft Corp.
- Exhibit 142: Microsoft Corp. - Overview
- Exhibit 143: Microsoft Corp. - Business segments
- Exhibit 144: Microsoft Corp. - Key news
- Exhibit 145: Microsoft Corp. - Key offerings
- Exhibit 146: Microsoft Corp. - Segment focus
- 12.11 Oracle Corp.
- Exhibit 147: Oracle Corp. - Overview
- Exhibit 148: Oracle Corp. - Business segments
- Exhibit 149: Oracle Corp. - Key news
- Exhibit 150: Oracle Corp. - Key offerings
- Exhibit 151: Oracle Corp. - Segment focus
- 12.12 SAS Institute Inc.
- Exhibit 152: SAS Institute Inc. - Overview
- Exhibit 153: SAS Institute Inc. - Product / Service
- Exhibit 154: SAS Institute Inc. - Key news
- Exhibit 155: SAS Institute Inc. - Key offerings
- 12.13 TAKE Solutions Ltd.
- Exhibit 156: TAKE Solutions Ltd. - Overview
- Exhibit 157: TAKE Solutions Ltd. - Product / Service
- Exhibit 158: TAKE Solutions Ltd. - Key offerings
- 12.14 ThoughtSphere
- Exhibit 159: ThoughtSphere - Overview
- Exhibit 160: ThoughtSphere - Product / Service
- Exhibit 161: ThoughtSphere - Key offerings
- 12.15 UnitedHealth Group Inc.
- Exhibit 162: UnitedHealth Group Inc. - Overview
- Exhibit 163: UnitedHealth Group Inc. - Business segments
- Exhibit 164: UnitedHealth Group Inc. - Key news
- Exhibit 165: UnitedHealth Group Inc. - Key offerings
- Exhibit 166: UnitedHealth Group Inc. - Segment focus
- 12.16 Veradigm LLC
- Exhibit 167: Veradigm LLC - Overview
- Exhibit 168: Veradigm LLC - Business segments
- Exhibit 169: Veradigm LLC - Key offerings
- Exhibit 170: Veradigm LLC - Segment focus
- 12.17 Wipro Ltd.
- Exhibit 171: Wipro Ltd. - Overview
- Exhibit 172: Wipro Ltd. - Business segments
- Exhibit 173: Wipro Ltd. - Key news
- Exhibit 174: Wipro Ltd. - Key offerings
- Exhibit 175: Wipro Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 176: Inclusions checklist
- Exhibit 177: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 178: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 179: Research methodology
- Exhibit 180: Validation techniques employed for market sizing
- Exhibit 181: Information sources
- 13.5 List of abbreviations
- Exhibit 182: List of abbreviations
Research Framework
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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life sciences analytics market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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