Life Science Analytics Market Research Report and Forecast up to 2025 Life Science Analytics Market - Global Industry An | Page 2

treatment & therapeutic solutions, focus on personalized & precision medicines,
cloud-based analytics, rise in investments in R&D, developments in social media,
and the effects on the health care industry are other factors which provide major
opportunities to the global life sciences analytics market. Consequently, the high
cost, financial restrictions, lack of awareness, and shortage of skilled professionals
are major restrains for this market.
The global life sciences analytics market can be segmented on the basis of product
into the following categories: descriptive analytics, predictive analytics, and
prescriptive analytics. Predictive analytics are anticipated to dominate the market.
By application, the market can be divided into the following groups: research &
development, preclinical trials, clinical trials, regulatory compliance, supply chain
analytics, pharmacovigilance, and others. Research & development and regulatory
compliance are expected to dominate the market in the next few years due to the
rising investments and advancements in health care infrastructure. Based on
delivery model, the market can be classified into the following sections: on-premise,
on-demand, component, and software & services. The latter is projected to hold a
major market share. In terms of end-user, the market can be categorized into the
following sections: pharmaceutical & biotechnology companies, hospitals &
diagnostic centers, academic & research centers, and others.
Key players operating in this market include SAS Institute Inc., IBM Corporation,
Oracle Corporation, Quintiles, Inc., Accenture, Cognizant, Wipro Limited, MaxisIT,
Inc., TAKE Solutions, and SCIO Health Analytics.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
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