Life Science Analytics Market | Exactitude Consultancy Reports

#Exactitudeconsultancy #marketresearch
Exactitude Consultancy Latest Published

Life Science Analytics Market Overview
The global life science analytics market is projected to reach USD 43.77 billion by 2029 from USD 20.32 billion in 2020, at a CAGR of 10.6% from 2022 to 2029

Life sciences analytics refers to any analytical application used in clinical research organizations, pharmaceutical companies, medical device companies, and various divisions such as research, supply chain, marketing, pharmacovigilance, and others.
Segment Analysis
The global life science analytics market is segmented by type, component, delivery model, application, end-user and region.

Based on the type, the life science analytics market is divided into descriptive analytics, predictive analytics, prescriptive analytics. The descriptive type segment dominated the market in 2021, accounting for a revenue share of more than 34.36%, owing to rising demand for quantifiable, descriptive analysis based on historical datasets to derive data-driven analysis to better understand the current business scenario. Players use data mining techniques on descriptive datasets to predict future trends and outcomes.

The predictive type segment is expected to grow at the fastest rate in the coming years, owing to the rapidly increasing adoption rate of advanced analytical solutions for predicting future trends and assisting stakeholders in developing appropriate strategies and tactics to improve market performance.

To Know more: https://exactitudeconsultancy.....com/reports/14997/li

Not what you were looking for? Go through similar reports by The Exactitude consultancy:
https://exactitudeconsultancy.....com/reports/1315/res

https://exactitudeconsultancy.....com/reports/1400/asp

Contact us@ sales@exactitudeconsultancy.com