Life Sciences Information Technology (IT) Global Market Report 2024

Global Life Sciences Information Technology (IT) Market Report 2024

Life Sciences Information Technology (IT) Global Market Report 2024 – By Type (Software, Service), By Solution (Drug Discovery Informatics, Clinical Trial Management, Bioinformatics, Laboratory Information Management, Other Solutions), By End User (Pharmaceutical And Biotechnology Companies, Contract Research And Development Organizations, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Name: Life Sciences Information Technology (IT) Global Market Report 2024
Creator: The Business Research Company
License: https://www.thebusinessresearchcompany.com/privacy-policy

Life Sciences Information Technology (IT) Global Market Report 2024

Starting Price : $5000.00 $4000.00 | Pages : 175 | Published : November 2024 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options

Request a Sample

Request For Discount

Customise Your Report

Item added to cart!

Request For Proposal

Request For Regional Data

FAQs

Need assistance or more information before the purchase?

Enquire Before Buying

Global Life Sciences Information Technology IT Market Infographic

Proud Members Of

Life Sciences Information Technology (IT) Market Definition

Life science information technology (IT) refers to the application of information technology (IT) systems and solutions specifically designed to support and enhance various aspects of life sciences research, development, and operations. This field encompasses a range of technologies and tools that facilitate data management, analysis, and communication within life sciences sectors, such as pharmaceuticals, biotechnology, and medical research.

The main life sciences information technology (IT) are software and services. Life sciences IT software refers to specialized technology and applications designed to support and enhance research, development, and management processes in fields such as biotechnology, pharmaceuticals, and healthcare. It provides various types of solutions such as drug discovery informatics, clinical trial management, bioinformatics, laboratory information management, and others, and is used by several end users, including pharmaceutical and biotechnology companies, contract research and development organizations, and others.

Life Sciences Information Technology (IT) Market Segmentation

The life sciences information technology (IT) market covered in this report is segmented –

1) By Type: Software, Service

2) By Solution: Drug Discovery Informatics, Clinical Trial Management, Bioinformatics, Laboratory Information Management, Other Solutions

3) By End User: Pharmaceutical And Biotechnology Companies, Contract Research And Development Organizations, Other End Users

Global Life Sciences Information Technology (IT) Market Size 2023 to 2028: Graph

Life Sciences Information Technology (IT) Market Size 2024 And Growth Rate

The life sciences information technology (IT) market size has grown rapidly in recent years. It will grow from $22.37 billion in 2023 to $25.46 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to increasing adoption of digital solutions, increase in demand for the advance imaging and diagnosis software, increase in accuracy of disease diagnosis, increase demand for advance analytical tool, and the growth in trend towards digitalization.

Life Sciences Information Technology (IT) Market Growth Forecast

The life sciences information technology (IT) market size is expected to see rapid growth in the next few years. It will grow to $43.28 billion in 2028 at a compound annual growth rate (CAGR) of 14.2%. The growth in the forecast period can be attributed to rise in prevalence of chronic diseases, rising demand for cloud-based platforms, expansion of telemedicine, heightened focus on personalized medicine, growing regulatory compliance requirements, and increasing R&D activities in biotechnology and pharmaceutical sectors. Major trends in the forecast period include advancements in AI-driven drug discovery, adoption of cloud-based solutions, enhanced cybersecurity measures, advancements in telemedicine platforms, integration of blockchain for data security, advancements in personalized medicine technologies, and adoption of big data analytics for predictive healthcare.

Book your 30 minutes free consultation with our research experts

Life Sciences Information Technology (IT) Market Driver: Impact Of Rising Chronic Diseases On The Growth Of The Life Science IT Market

The rise in the prevalence of chronic diseases is expected to propel the growth of the life science information technology (IT) market going forward. Chronic diseases are long-term health conditions that persist for extended periods, often for the rest of a person's life, and typically progress slowly, such as diabetes, heart disease, and chronic respiratory conditions. The prevalence of chronic diseases is due to factors such as aging populations, sedentary lifestyles, poor diet, increased prevalence of obesity, and environmental factors. Life science IT is essential for chronic diseases to enable comprehensive data management, facilitate personalized treatment plans, and improve patient monitoring and outcomes through advanced analytics and integrated health information systems. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based medicine library, the number of people aged 50 and above who suffer from one or more chronic illnesses is expected to increase by 99.5% by 2050, from 71.52 million in 2020 to 142.66 million. Therefore, the rise in the prevalence of chronic diseases is driving the growth of the life science information technology (IT) market.

Global Life Sciences Information Technology (IT) Market Major Players

Major companies operating in the life sciences information technology (IT) market are Microsoft Corporation, F. Hoffmann-La Roche Ltd., Accenture plc, International Business Machines Corporation, Oracle Corporation, Fujitsu Limited, SAP SE, Siemens Healthineers AG, Cognizant Technology Solutions Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Agilent Technologies Inc., Dassault Systèmes SE, Illumina Inc., Infor Inc., Epic Systems Corporation, SAS Institute Inc., Bio-Rad Laboratories Inc., Bruker Corporation, PTC Inc., Tableau Software Inc., Veeva Systems Inc., Allscripts Healthcare Solutions Inc., Medidata Solutions Inc.

Global Life Sciences Information Technology (IT) Market Trend: Innovative Cloud-Native SaaS Platforms Transforming Life Sciences IT

Major companies operating in the life sciences information technology (IT) market are focused on developing technologically advanced solutions, such as cloud-native SaaS platforms, to offer scalable, cost-efficient, and compliant solutions that enhance collaboration, data integration, and innovation speed. A cloud-native SaaS platform refers to software-as-a-service applications explicitly designed to run in cloud environments, leveraging cloud infrastructure for scalability, flexibility, and reliability. For instance, in June 2023, Revvity Inc., a US-based biotechnology company, launched the Signals Research Suite, a cloud-native SaaS platform designed to improve scientific collaboration in drug discovery and specialty chemicals development. The suite integrates applications such as Signals Notebook, VitroVivo, and Inventa, providing comprehensive support throughout the entire drug development process, from early research to in vitro testing and safety assessments. The Signals Research Suite is distinguished by its scientifically intelligent, integrated software applications that fully support the Make-Test-Decide lifecycle. Key features include advanced analytics and visualizations powered by TIBCO Spotfire, seamless integration with the industry-standard ChemDraw, and a modern, streamlined interface that fully customizes workflows across various techniques, modalities, and datatypes. With secure single-sign-on access, centralized data resources, tutorials, and software updates, users can efficiently focus on their experiments without the hassle of navigating between disparate solutions.

Life Sciences Information Technology (IT) Market Merger And Acquisition: DNAnexus And Intelliseq Partner To Enhance Precision Health Data Cloud With Advanced Genomic Analysis And Clinical Reporting Capabilities

In January 2024, DNAnexus Inc., a US-based precision health data cloud provider, partnered with Intelliseq to incorporate clinical reporting and automated genomic variance interpretation functionalities into the precision health data cloud. This partnership aims to streamline next-generation sequencing data analysis, provide insights into somatic cancers and hereditary diseases, and allow DNAnexus customers to access Intelliseq's tertiary analysis tools directly on the Precision Health Data Cloud. Intelliseq is a Poland-based provider of life science IT solutions.

Regional Insights For The Global Life Sciences Information Technology (IT) Market

North America was the largest region in the life sciences information technology (IT) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the life sciences information technology (IT) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the life sciences information technology (IT) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The life science information technology (IT) market consists of revenues earned by entities by providing services such as electronic lab notebooks (ELN) integration, regulatory compliance consulting, health information management and clinical data integration. The market value includes the value of related goods sold by the service provider or included within the service offering. The life science information technology (IT) market also includes sales of data analytics platforms, custom research software, cloud-based data solutions and related products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The life sciences information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides life sciences information technology (IT) market statistics, including life sciences information technology (IT) industry global market size, regional shares, competitors with a life sciences information technology (IT) market share, detailed life sciences information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the life sciences information technology (IT) industry. This life sciences information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Life Sciences Information Technology (IT) Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2024	$ 7.99 Billion
Revenue Forecast In 2033	$ 10.67 Billion
Growth Rate	CAGR of 7.50% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Software, Service 2) By Solution: Drug Discovery Informatics, Clinical Trial Management, Bioinformatics, Laboratory Information Management, Other Solutions 3) By End User: Pharmaceutical And Biotechnology Companies, Contract Research And Development Organizations, Other End Users
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Microsoft Corporation, F. Hoffmann-La Roche Ltd., Accenture plc, International Business Machines Corporation, Oracle Corporation, Fujitsu Limited, SAP SE, Siemens Healthineers AG, Cognizant Technology Solutions Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Agilent Technologies Inc., Dassault Systèmes SE, Illumina Inc., Infor Inc., Epic Systems Corporation, SAS Institute Inc., Bio-Rad Laboratories Inc., Bruker Corporation, PTC Inc., Tableau Software Inc., Veeva Systems Inc., Allscripts Healthcare Solutions Inc., Medidata Solutions Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Life Sciences Information Technology (IT) Market Characteristics

3. Life Sciences Information Technology (IT) Market Trends And Strategies

4. Life Sciences Information Technology (IT) Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Life Sciences Information Technology (IT) Market Size and Growth

5.1. Global Life Sciences Information Technology (IT) Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Life Sciences Information Technology (IT) Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Life Sciences Information Technology (IT) Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Life Sciences Information Technology (IT) Market Segmentation

6.1. Global Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Software

Service

6.2. Global Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Drug Discovery Informatics

Clinical Trial Management

Bioinformatics

Laboratory Information Management

List Of Tables

Figure 1:

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Figure 3: Global Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 4: Global Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 5: Global Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 6: Global Life Sciences Information Technology (IT) Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 7: Global Life Sciences Information Technology (IT) Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 8: Asia-Pacific, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 9: Asia-Pacific, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 10: Asia-Pacific, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 11: China, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 12: China, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 13: China, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 14: India, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 15: India, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 16: India, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 17: Japan, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 18: Japan, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 19: Japan, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 20: Australia, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 21: Australia, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 22: Australia, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 23: Indonesia, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 24: Indonesia, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 25: Indonesia, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 26: South Korea, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 27: South Korea, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 28: South Korea, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 29: Western Europe, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 30: Western Europe, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 31: Western Europe, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 32: UK, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 33: UK, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 34: UK, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 35: Germany, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 36: Germany, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 37: Germany, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 38: France, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 39: France, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 40: France, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 41: Italy, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 42: Italy, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 43: Italy, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 44: Spain, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 45: Spain, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 46: Spain, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 47: Eastern Europe, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 48: Eastern Europe, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 49: Eastern Europe, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 50: Russia, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 51: Russia, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 52: Russia, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 53: North America, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 54: North America, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 55: North America, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 56: USA, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 57: USA, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 58: USA, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 59: Canada, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 60: Canada, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 61: Canada, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 62: South America, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 63: South America, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 64: South America, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 65: Brazil, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 66: Brazil, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 67: Brazil, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 68: Middle East, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 69: Middle East, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 70: Middle East, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 71: Africa, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 72: Africa, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 73: Africa, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 74: Microsoft Corporation Financial Performance
Figure 75: F. Hoffmann-La Roche Ltd. Financial Performance
Figure 76: Accenture plc Financial Performance
Figure 77: International Business Machines Corporation Financial Performance
Figure 78: Oracle Corporation Financial Performance

List Of Figures

Table 1:

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 6: Global Life Sciences Information Technology (IT) Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 7: Global Life Sciences Information Technology (IT) Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 8: Asia-Pacific, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 9: Asia-Pacific, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 10: Asia-Pacific, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 11: China, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 12: China, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 13: China, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 14: India, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 15: India, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 16: India, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 17: Japan, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 18: Japan, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 19: Japan, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 20: Australia, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 21: Australia, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 22: Australia, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 23: Indonesia, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 24: Indonesia, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 25: Indonesia, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 26: South Korea, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 27: South Korea, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 28: South Korea, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 29: Western Europe, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 30: Western Europe, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 31: Western Europe, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 32: UK, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 33: UK, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 34: UK, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 35: Germany, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 36: Germany, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 37: Germany, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 38: France, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 39: France, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 40: France, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 41: Italy, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 42: Italy, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 43: Italy, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 44: Spain, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 45: Spain, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 46: Spain, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 47: Eastern Europe, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 48: Eastern Europe, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 49: Eastern Europe, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 50: Russia, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 51: Russia, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 52: Russia, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 53: North America, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 54: North America, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 55: North America, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 56: USA, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 57: USA, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 58: USA, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 59: Canada, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 60: Canada, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 61: Canada, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 62: South America, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 63: South America, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 64: South America, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 65: Brazil, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 66: Brazil, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 67: Brazil, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 68: Middle East, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 69: Middle East, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 70: Middle East, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 71: Africa, Life Sciences Information Technology (IT) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 72: Africa, Life Sciences Information Technology (IT) Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 73: Africa, Life Sciences Information Technology (IT) Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 74: Microsoft Corporation Financial Performance
Table 75: F. Hoffmann-La Roche Ltd. Financial Performance
Table 76: Accenture plc Financial Performance
Table 77: International Business Machines Corporation Financial Performance
Table 78: Oracle Corporation Financial Performance

Forecasting Till 2030: Opportunities And Strategies In The Global Value Based Care Payment Market – Includes Value Based Care Payment Market Analysis

How Will The Nuclear Medicine Market Grow In 2022?

What Is The Pediatric Imaging Market Overview In 2022?

Latest Healthcare Technology Management Market Growth Study 2022-2026 By The Business Research Company

The Business Research Company offers the hospital acquired infection control market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the multiplex assays market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the healthcare it consulting market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the renal biomarkers market research report 2022 with industry size, share, segments and market growth

Life Science Analytics Global Market Report 2024 – By Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics), By Component (Software, Services), By Deployment (On-Demand, On-Premises), By Application (Research and Development, Preclinical Trials, Clinical Trials, Sales and Marketing, Regulatory Compliance, Supply Chain Optimization, Pharmacovigilance ), By End User (Medical Device, Pharmaceutical, Biotechnology, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

View Report

Life Science And Chemical Instrumentation Global Market Report 2024 – By Technology( Polymerase Chain Reaction (PCR), DNA Sequencers and Amplifiers, Flow Cytometry, Spectroscopy, Electrophoresis, Chromatography, Centrifuges, Other Technologies ), By Application( Cell Culture And Cell Therapy, Cancer Research, Drug Discovery, Genomics, In Vitro Fertilization, Bioprocess, Metabolomics, Proteomics, Other Applications ), By End Users( Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Companies, Contract Research Organization (CRO), Academia And Research Institutes ) – Market Size, Trends, And Global Forecast 2024-2033

View Report

AI In Life Science Analytics Global Market Report 2024 – By Component (Software, Hardware, Services), By Deployment (On-Premise, Cloud), By Application (Research And Development, Sales And Marketing Support, Supply Chain Analytics, Other Applications), By End-User (Medical Devices, Pharmaceutical, Biotechnology, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

View Report

Smart Life Sciences Manufacturing Global Market Report 2024 – By Component (Solution, Services), By Technology (Augmented Reality And Virtual Reality Systems, Internet of Things (IoT), Artificial Intelligence, Cybersecurity, Big Data, Other Technologies), By Application (Pharma, Bio-Pharma, Medical Device) – Market Size, Trends, And Global Forecast 2024-2033

View Report

Life Sciences BPO Global Market Report 2024 – By Services (Pharmaceutical Outsourcing, Medical devices outsourcing, Contract sales and marketing outsourcing, Other Services), By Application (Clinical Testing Methods, Environmental Testing Methods, Other Applications), By End User (Hospitals And Clinics, Diagnostic Laboratories, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

View Report

Artificial Intelligence In Life Sciences Global Market Report 2024 – By Offering (Software, Hardware, Services), By Deployment ( On-Premises, Cloud-Based), By Application (Drug Discovery, Medical Diagnosis, Biotechnology, Clinical Trails, Precision and Personalized Medicine, Patient Monitoring) – Market Size, Trends, And Global Forecast 2024-2033

View Report

Life Science Software Global Market Report 2024 – By Type (Predictive, Descriptive, Prescriptive), By Deployment (On-Premise, Hosted), By Application (Marketing, Compliance, R&D, Pharmacovigilance, SCM), By End User (Healthcare Institutes, Biopharmaceutical Industry, Medical Devices Industry, Medical Research Centers) – Market Size, Trends, And Global Forecast 2024-2033

View Report

Biologic Imaging Reagents Global Market Report 2024 – By Product (Contrast Reagents, Optical Imaging Reagents, Radiopharmaceuticals), By Modality (Magnetic Resonance Imaging (MRI), Ultrasound, X-Ray And Computerized Tomography (CT), Nuclear, Optical Imaging, Other Modalities), By Application (In Vitro, In Vivo), By End User (Diagnostic Laboratories, Imaging Centers, Life Science Companies, Research And Academic Institutes, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

View Report

Frequently Asked Questions

What is the definition of the life sciences information technology (IT) market?

How will the life sciences information technology (IT) market drivers and restraints affect the life sciences information technology (IT) market dynamics? What forces will shape the life sciences information technology (IT) industry going forward?

The life sciences information technology (IT) market major growth driver - Impact Of Rising Chronic Diseases On The Growth Of The Life Science IT Market. For further insights on the life sciences information technology (IT) market, request a sample here

What is the forecast market size or the forecast market value of the life sciences information technology (IT) market?

The life sciences information technology (IT) market size has grown rapidly in recent years. It will grow from $22.37 billion in 2023 to $25.46 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to increasing adoption of digital solutions, increase in demand for the advance imaging and diagnosis software, increase in accuracy of disease diagnosis, increase demand for advance analytical tool, and the growth in trend towards digitalization. The life sciences information technology (IT) market size is expected to see rapid growth in the next few years. It will grow to $43.28 billion in 2028 at a compound annual growth rate (CAGR) of 14.2%. The growth in the forecast period can be attributed to rise in prevalence of chronic diseases, rising demand for cloud-based platforms, expansion of telemedicine, heightened focus on personalized medicine, growing regulatory compliance requirements, and increasing R&D activities in biotechnology and pharmaceutical sectors. Major trends in the forecast period include advancements in AI-driven drug discovery, adoption of cloud-based solutions, enhanced cybersecurity measures, advancements in telemedicine platforms, integration of blockchain for data security, advancements in personalized medicine technologies, and adoption of big data analytics for predictive healthcare. For further insights on the life sciences information technology (IT) market, request a sample here

How is the life sciences information technology (IT) market segmented?

The life sciences information technology (IT) market is segmented
1) By Type: Software, Service
2) By Solution: Drug Discovery Informatics, Clinical Trial Management, Bioinformatics, Laboratory Information Management, Other Solutions
3) By End User: Pharmaceutical And Biotechnology Companies, Contract Research And Development Organizations, Other End Users For further insights on the life sciences information technology (IT) market, request a sample here

Which region has the largest share of the life sciences information technology (IT) market? What are the other regions covered in the report?

North America was the largest region in the life sciences information technology (IT) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the life sciences information technology (IT) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the life sciences information technology (IT) market, request a sample here.

Who are the major players in the life sciences information technology (IT) market?

What are the key trends in the life sciences information technology (IT) market?

Major trend in the life sciences information technology (IT) market - Innovative Cloud-Native SaaS Platforms Transforming Life Sciences IT. For further insights on the life sciences information technology (IT) market, request a sample here.

What are the major opportunities in the life sciences information technology (IT) market? What are the strategies for the life sciences information technology (IT) market?

For detailed insights on the major opportunities and strategies in the life sciences information technology (IT) market, request a sample here.

How does the life sciences information technology (IT) market relate to the overall economy and other similar markets?

For detailed insights on life sciences information technology (IT) market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the life sciences information technology (IT) industry?

For detailed insights on the mergers and acquisitions in the life sciences information technology (IT) industry, request a sample here.

What are the key dynamics influencing the life sciences information technology (IT) market growth? SWOT analysis of the life sciences information technology (IT) market.

For detailed insights on the key dynamics influencing the life sciences information technology (IT) market growth and SWOT analysis of the life sciences information technology (IT) industry, request a sample here.