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Pulished Date October, 2021
ID: 12277
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APAC Life Science Analytics Market Research Report – Segmented By Analytics Type, Component, Delivery Mode, Application, End-Users and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: October, 2021
ID: 12277
Pages: 100

APAC Life Science Analytics Market Size (2021 to 2026)

During the forecast period, the life science analytics market in the APAC region is estimated to be growing at a CAGR of 13.52%. The size of the market was worth USD 5.61 billion in 2021 and is predicted to grow USD 10.57 billion by 2026.

The adoption of life science analytics has increased due to the growing population and the rising prevalence of chronic diseases among people in the recent past.

Additionally, factors such as growing technological advancements for developing effective and innovative analytical methods for patients with the increase in preference for developing and adopting advanced life science analytics methods as these methods and solutions help reduce and minimize errors also consume less time are likely to accelerate the market’s growth rate. Also, an increase in the rising geriatric population is propelling the market growth of life science analytics in the APAC region.

On the other hand, increase in the investment and funding from government and non-government organizations in research and development activities. In addition, the increase in the rising demand for life science analytics solutions is fuelled by the need to enhance patient outcomes and decrease medical and health care costs.

Furthermore, the increase in initiatives for developing medical and health care infrastructure in the region with raising awareness about the growing adoption rate of analytics methods in clinical trials is uplifting the market's growth, as well as the growing competition between the players for introducing new and practical analytical solutions in the market by adopting strategies such as merges, is also contributing to the market growth of life science analytics.

However, an increase in the high costs associated with implementation as well as installation processes is limiting the market growth of life science analytics in this region as these solutions are high cost which is why they are not affordable by small and medium-sized Pharma enterprises, CROs, and biotechnology Firms because of the limited budget they have to spend; therefore, the high costs limit their growth. In addition, there is an increase in the competition between the players and a lack of skilled and trained individuals for life science analytics.

This research report on the APAC life science analytics market has been segmented and sub-segmented based on the following categories.

By Analytics Type:

  • Descriptive Analytics
  • Predictive Analytics
  • Prescriptive Analytics

By Component:

  • Software
  • Services

By Delivery Mode:

  • On-demand
  • On-premises

By Application:

  • Clinical and Preclinical Trials
  • Research and Development
  • Regulatory Compliance
  • Sales and Marketing
  • Supply Chain Management
  • Pharmacovigilance

By End-User:

  • Pharmaceutical and Biotechnology Companies
  • Medical Device Companies
  • Biomedical Research Centers
  • Third-party Administrators (TPA)

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, the Asia- Pacific is one of the fastest-growing regions in the global life science analytics market. The regional market growth is fuelled by the improving healthcare infrastructure, rising research and development activities, and favorable reimbursement policies. In addition, the growing population in developing countries such as China and India with the rising incidences of chronic disease among the people is majorly driving the growth of the life science analytics market during the forecast period.

In this region, India and China are the major growth contributors with significant market revenue.

China dominated the APAC life science analytics market in 2020. Technological advancements for developing efficient analytics solutions that will consume less time to provide accurate and correct solutions contribute to the market's growth. In addition, an increase in the growing competition between the players for introducing new and effective analytical solutions is propelling the market growth of life science analytics.

On the other hand, the Indian life science analytics market is anticipated to account for a promising share during the forecast period. People's growing awareness about life science analytics solutions and methods, an increase in government and non-government organizations in research and development activities, and an increase in the rising geriatric population drive the market growth of life science analytics.

KEY MARKET PLAYERS:

Companies such as SAS Institute Inc., IBM Corporation, Oracle Corporation, Quintiles, Inc., Accenture, Cognizant, Wipro Limited, TAKE Solutions, MaxisIT, Inc., and SCIO Health Analytics are a few of the notable companies operating in the APAC life science analytics market profiled in this report.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Analytics Type
      1. Descriptive Analytics
      2. Predictive Analytics
      3. Prescriptive Analytics
      4. Y-o-Y Growth Analysis, By Analytics Type
      5. Market Attractiveness Analysis, By Analytics Type
      6. Market Share Analysis, By Analytics Type
    2. By Component
      1. Software
      2. Services
      3. Y-o-Y Growth Analysis, By Component
      4. Market Attractiveness Analysis, By Component
      5. Market Share Analysis, By Component
    3. By Delivery Mode
      1.  On-demand
      2. On-Premises
      3. Y-o-Y Growth Analysis, By Delivery Mode
      4. Market Attractiveness Analysis, By Delivery Mode
      5. Market Share Analysis, By Delivery Mode
    4. By Application
      1. Clinical and Preclinical Trials
      2. Research and Development
      3. Regulatory Compliance
      4. Sales and Marketing
      5. Supply Chain Management
      6. Pharmacovigilance
      7. Y-o-Y Growth Analysis, By Application
      8. Market Attractiveness Analysis, By Application
      9. Market Share Analysis, By Application
    5. By End-User
      1. Pharmaceutical and Biotechnology Companies
      2. Medical Device Companies
      3. Biomedical Research Centers
      4. Third-party Administrators (TPA)
      5. Y-o-Y Growth Analysis, By End-User
      6. Market Attractiveness Analysis, By End-User
      7. Market Share Analysis, By End-User
  6. Geographical Analysis
    1. APAC
      1. Introduction
      2. India
      3. China
      4. Japan
      5. South Korea
      6. Australia
      7. New Zealand
      8. Thailand
      9. Malaysia
      10. Vietnam
      11. Philippines
      12. Indonesia
      13. Singapore
      14. Rest of APAC
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. SAS Institute Inc.
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. IBM Corporation
    3. Oracle Corporation
    4. Quintiles, Inc
    5. Accenture
    6. Cognizant
    7. Wipro Limited
    8. TAKE Solutions
    9. MaxisIT, Inc.
    10. SCIO Health Analytics
  9. Competitive Landscape
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, collaborations and Joint Ventures
    4. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  • Regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • The segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Asia Pacific Life Science Analytics Market, By Analytics Type, From 2021 to 2026 (USD Million)
  2. Asia Pacific Descriptive Analytics Market, By Region, From 2021 to 2026 (USD Million)
  3. Asia Pacific Predictive Analytics Market, By Region, From 2021 to 2026 (USD Million)
  4. Asia Pacific Prescriptive Analytics Market, By Region, From 2021 to 2026 (USD Million)
  5. Asia Pacific Life Science Analytics Market, By Component, From 2021 to 2026 (USD Million)
  6. Asia Pacific Software Market, By Region, From 2021 to 2026 (USD Million)
  7. Asia Pacific Services Market, By Region, From 2021 to 2026 (USD Million)
  8. Asia Pacific Life Science Analytics Market, By Delivery Mode, From 2021 to 2026 (USD Million)
  9. Asia Pacific On-demand Market, By Region, From 2021 to 2026 (USD Million)
  10. Asia Pacific On-premises Market, By Region, From 2021 to 2026 (USD Million)
  11. Asia Pacific Life Science Analytics Market, By Application, From 2021 to 2026 (USD Million)
  12. Asia Pacific Clinical and Preclinical Trials Market, By Region, From 2021 to 2026 (USD Million)
  13. Asia Pacific Research and Development Market, By Region, From 2021 to 2026 (USD Million)
  14. Asia Pacific Regulatory Compliance Market, By Region, From 2021 to 2026 (USD Million)
  15. Asia Pacific Sales and Marketing Market, By Region, From 2021 to 2026 (USD Million)
  16. Asia Pacific Supply Chain Management Market, By Region, From 2021 to 2026 (USD Million)
  17. Asia Pacific Pharmacovigilance Market, By Region, From 2021 to 2026 (USD Million)
  18. Asia Pacific Life Science Analytics Market, By End-User, From 2021 to 2026 (USD Million)
  19. Asia Pacific Pharmaceutical and Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Million)
  20. Asia Pacific Medical Device Companies Market, By Region, From 2021 to 2026 (USD Million)
  21. Asia Pacific Biomedical Research Centers Market, By Region, From 2021 to 2026 (USD Million)
  22. Asia Pacific Third-Party Administrators (TPA) Market, By Region, From 2021 to 2026 (USD Million)
  23. Japan Life Science Analytics Market, By Analytics Type, From 2021 to 2026 (USD Million)
  24. Japan Life Science Analytics Market, By Component, From 2021 to 2026 (USD Million)
  25. Japan Life Science Analytics Market, By Delivery Mode, From 2021 to 2026 (USD Million)
  26. Japan Life Science Analytics Market, By Application, From 2021 to 2026 (USD Million)
  27. Japan Life Science Analytics Market, By End-User, From 2021 to 2026 (USD Million)
  28. China Life Science Analytics Market, By Analytics Type, From 2021 to 2026 (USD Million)
  29. China Life Science Analytics Market, By Component, From 2021 to 2026 (USD Million)
  30. China Life Science Analytics Market, By Delivery Mode, From 2021 to 2026 (USD Million)
  31. China Life Science Analytics Market, By Application, From 2021 to 2026 (USD Million)
  32. China Life Science Analytics Market, By End-User, From 2021 to 2026 (USD Million)
  33. India Life Science Analytics Market, By Analytics Type, From 2021 to 2026 (USD Million)
  34. India Life Science Analytics Market, By Component, From 2021 to 2026 (USD Million)
  35. India Life Science Analytics Market, By Delivery Mode, From 2021 to 2026 (USD Million)
  36. India Life Science Analytics Market, By Application, From 2021 to 2026 (USD Million)
  37. India Life Science Analytics Market, By End-User, From 2021 to 2026 (USD Million)
  38. Australia Life Science Analytics Market, By Analytics Type, From 2021 to 2026 (USD Million)
  39. Australia Life Science Analytics Market, By Component, From 2021 to 2026 (USD Million)
  40. Australia Life Science Analytics Market, By Delivery Mode, From 2021 to 2026 (USD Million)
  41. Australia Life Science Analytics Market, By Application, From 2021 to 2026 (USD Million)
  42. Australia Life Science Analytics Market, By End-User, From 2021 to 2026 (USD Million)
  43. South Korea Life Science Analytics Market, By Analytics Type, From 2021 to 2026 (USD Million)
  44. South Korea Life Science Analytics Market, By Component, From 2021 to 2026 (USD Million)
  45. South Korea Life Science Analytics Market, By Delivery Mode, From 2021 to 2026 (USD Million)
  46. South Korea Life Science Analytics Market, By Application, From 2021 to 2026 (USD Million)
  47. South Korea Life Science Analytics Market, By End-User, From 2021 to 2026 (USD Million)

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