PUBLISHER: TechNavio | PRODUCT CODE: 1453804
PUBLISHER: TechNavio | PRODUCT CODE: 1453804
The life science software market is forecasted to grow by USD 4.56 bn during 2023-2028, accelerating at a CAGR of 8.58% during the forecast period. The report on the life science software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus on storing patient information, increasing need for improving operational efficiency of life science data, and increasing technological innovations in life sciences software.
Technavio's life science software market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.18% |
CAGR | 8.58% |
Incremental Value | $4.56bn |
By Deployment
By End-user
By Geographical Landscape
This study identifies the emergence of precision medicine as one of the prime reasons driving the life science software market growth during the next few years. Also, growing demand for SAAS-based life science software and rising adoption of analytics in life science software will lead to sizable demand in the market.
The report on the life science software market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading life science software market vendors that include ANSYS Inc., Bio Rad Laboratories Inc., Cegedim SA., Dassault Systemes SE, Dotmatics, eResearchTechnology GmbH, Fujitsu Ltd., Healthcare Radius, Hewlett Packard Enterprise Co., Honeywell International Inc., International Business Machines Corp., IQVIA Holdings Inc., Oracle Corp., PerkinElmer Inc, Salesforce Inc., SoftFormance, Thermo Fisher Scientific Inc., Trinity, Veeva Systems Inc., and ZS Associates Inc.. Also, the life science software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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