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North America Life Science Analytics Software Market Size, Share & Trends Analysis Report By Component (Software, and Services), By Product, By End User, By Delivery Model (Cloud, and On-premise), By Application, By Country and Growth Forecast, 2023 - 203

Publisher Knowledge Based Value (KBV) Research
Published Feb 29, 2024
Length 141 Pages
SKU # KBV18620686

Description

North America Life Science Analytics Software Market Size, Share & Trends Analysis Report By Component (Software, and Services), By Product, By End User, By Delivery Model (Cloud, and On-premise), By Application, By Country and Growth Forecast, 2023 - 2030


The North America Life Science Analytics Software Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030).

Cloud-based analytics platforms are becoming increasingly prevalent in the life sciences. These platforms offer scalability, flexibility, and accessibility, allowing organizations to analyze large datasets without extensive on-premises infrastructure. Cloud-based solutions facilitate collaboration and data sharing and provide a cost-effective approach to analytics deployment. The proliferation of IoT devices in healthcare and research settings generates vast amounts of real-time data. Life science analytics software is evolving to integrate and analyze data from IoT devices, enabling continuous patient health monitoring, optimizing laboratory processes, and facilitating data-driven decision-making.

Moreover, innovation is a driving force in the life science analytics software market, with continuous efforts to enhance functionality, usability, and overall impact. Several areas of innovation are shaping the future landscape of analytics in the life sciences. As AI becomes more prevalent in life science analytics, transparency and interpretability are paramount. Innovations in explainable AI and transparent algorithms ensure that healthcare professionals, researchers, and regulatory bodies can understand and trust the insights derived from analytics software.

The United States is at the forefront of precision medicine initiatives, aiming to tailor medical treatment to the individual characteristics of patients. Life science analytics software is crucial in analyzing diverse datasets, including genomics, proteomics, and clinical data, to identify personalized treatment strategies and enhance patient outcomes. Thus, growing R&D in the pharmaceutical sector and precision medicine initiatives in North America will drive the demand in the regional life science analytics software market.

The US market dominated the North America Life Science Analytics Software Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,979.1 million by 2030. The Canada market is experiencing a CAGR of 11.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.1% during (2023 - 2030).

Based on Component, the market is segmented into Software, and Services. Based on Product, the market is segmented into Descriptive Analytics, Prescriptive Analytics, and Predictive Analytics. Based on End User, the market is segmented into Pharmaceutical & Biotechnology Companies, Medical Device Companies, Research Centers, and Third Party Administrators. Based on Delivery Model, the market is segmented into Cloud, and On-premise. Based on Application, the market is segmented into Research & Development, Pharmacovigilance, Supply Chain Analytics, Regulatory Compliance, and Sales & Marketing Support. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Accenture PLC
  • Wipro Limited
  • Oracle Corporation
  • SAS Institute, Inc.
  • Cognizant Technology Solutions Corporation
  • TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
  • IQVIA Holdings, Inc.
  • ExlService Holdings, Inc.
  • MaxisIT Inc.
  • Take Solutions Limited
North America Life Science Analytics Software Market Report Segmentation

By Component
  • Software
  • Services
By Product
  • Descriptive Analytics
  • Prescriptive Analytics
  • Predictive Analytics
By End User
  • Pharmaceutical & Biotechnology Companies
  • Medical Device Companies
  • Research Centers
  • Third Party Administrators
By Delivery Model
  • Cloud
  • On-premise
By Application
  • Research & Development
  • Pharmacovigilance
  • Supply Chain Analytics
  • Regulatory Compliance
  • Sales & Marketing Support
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

141 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Life Science Analytics Software Market, by Component
1.4.2 North America Life Science Analytics Software Market, by Product
1.4.3 North America Life Science Analytics Software Market, by End User
1.4.4 North America Life Science Analytics Software Market, by Delivery Model
1.4.5 North America Life Science Analytics Software Market, by Application
1.4.6 North America Life Science Analytics Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Jul – 2024, Feb) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Life Science Analytics Software Market by Component
5.1 North America Software Market by Region
5.2 North America Services Market by Region
Chapter 6. North America Life Science Analytics Software Market by Product
6.1 North America Descriptive Analytics Market by Country
6.2 North America Prescriptive Analytics Market by Country
6.3 North America Predictive Analytics Market by Country
Chapter 7. North America Life Science Analytics Software Market by End User
7.1 North America Pharmaceutical & Biotechnology Companies Market by Country
7.2 North America Medical Device Companies Market by Country
7.3 North America Research Centers Market by Country
7.4 North America Third Party Administrators Market by Country
Chapter 8. North America Life Science Analytics Software Market by Delivery Model
8.1 North America Cloud Market by Region
8.2 North America On-premise Market by Region
Chapter 9. North America Life Science Analytics Software Market by Application
9.1 North America Research & Development Market by Country
9.2 North America Pharmacovigilance Market by Country
9.3 North America Supply Chain Analytics Market by Country
9.4 North America Regulatory Compliance Market by Country
9.5 North America Sales & Marketing Support Market by Country
Chapter 10. North America Life Science Analytics Software Market by Country
10.1 US Life Science Analytics Software Market
10.1.1 US Life Science Analytics Software Market by Component
10.1.2 US Life Science Analytics Software Market by Product
10.1.3 US Life Science Analytics Software Market by End User
10.1.4 US Life Science Analytics Software Market by Delivery Model
10.1.5 US Life Science Analytics Software Market by Application
10.2 Canada Life Science Analytics Software Market
10.2.1 Canada Life Science Analytics Software Market by Component
10.2.2 Canada Life Science Analytics Software Market by Product
10.2.3 Canada Life Science Analytics Software Market by End User
10.2.4 Canada Life Science Analytics Software Market by Delivery Model
10.2.5 Canada Life Science Analytics Software Market by Application
10.3 Mexico Life Science Analytics Software Market
10.3.1 Mexico Life Science Analytics Software Market by Component
10.3.2 Mexico Life Science Analytics Software Market by Product
10.3.3 Mexico Life Science Analytics Software Market by End User
10.3.4 Mexico Life Science Analytics Software Market by Delivery Model
10.3.5 Mexico Life Science Analytics Software Market by Application
10.4 Rest of North America Life Science Analytics Software Market
10.4.1 Rest of North America Life Science Analytics Software Market by Component
10.4.2 Rest of North America Life Science Analytics Software Market by Product
10.4.3 Rest of North America Life Science Analytics Software Market by End User
10.4.4 Rest of North America Life Science Analytics Software Market by Delivery Model
10.4.5 Rest of North America Life Science Analytics Software Market by Application
Chapter 11. Company Profiles
11.1 Accenture PLC
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Wipro Limited
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.6 SWOT Analysis
11.3 Oracle Corporation
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.6 SWOT Analysis
11.4 SAS Institute, Inc.
11.4.1 Company Overview
11.4.2 Recent strategies and developments:
11.4.2.1 Product Launches and Product Expansions:
11.4.3 SWOT Analysis
11.5 Cognizant Technology Solutions Corporation
11.5.1 Company overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Recent strategies and developments:
11.5.4.1 Partnerships, Collaborations, and Agreements:
11.5.4.2 Acquisition and Mergers:
11.5.5 SWOT Analysis
11.6 Tibco Software, Inc. (Vista Equity Partners Management, LLC)
11.6.1 Company Overview
11.6.2 Recent strategies and developments:
11.6.2.1 Acquisition and Mergers:
11.6.3 SWOT Analysis
11.7 IQVIA Holdings, Inc.
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Recent strategies and developments:
11.7.4.1 Product Launches and Product Expansions:
11.7.5 SWOT Analysis
11.8 ExlService Holdings, Inc.
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental and Regional Analysis
11.8.4 Recent strategies and developments:
11.8.4.1 Acquisition and Mergers:
11.8.5 SWOT Analysis
11.9 MaxisIT Inc.
11.9.1 Company Overview
11.10. Take Solutions Limited
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Recent strategies and developments:
11.10.3.1 Acquisition and Mergers:

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