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DUBLIN--(BUSINESS WIRE)--Nov 23, 2022--
The "Life Science Analytics Market Analysis by Component, by Type, by Application, by Delivery, by End User by Region - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
The life science analytics market size is estimated to be USD 24.6 billion in 2021 and is expected to witness a CAGR of 15.31% during the forecast period 2022-2029.
Technological advancements, data storage in the life sciences industry, increasing acceptance of analytics solutions in clinical trials, rising adoption of analytics for sales and marketing applications, and demand for improved data standardisation are some of the major factors that boosts global market growth.
Also, rising incidence of chronic diseases, mounting pressure to reduce healthcare spending, and the need for improved patient outcomes are other factors that propelling the growth during the forecast period. However, high implementation cost hindering the market growth.
Companies Mentioned
This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including component, type, application, delivery, and end user from 2021 to 2029.
Segmentation: Life Science Analytics Market Report 2021-2029
By Component (Revenue, USD Billion)
By Type (Revenue, USD Billion)
By Application (Revenue, USD Billion)
By Delivery (Revenue, USD Billion)
By End User (Revenue, USD Billion)
By Region (Revenue, USD Billion)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/85btx1
View source version on businesswire.com:https://www.businesswire.com/news/home/20221123005322/en/
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KEYWORD:
INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY BIOTECHNOLOGY HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/23/2022 10:04 AM/DISC: 11/23/2022 10:04 AM
http://www.businesswire.com/news/home/20221123005322/en