The latest report initiated by Evolve Business Intelligence on Analysis, Storage, and Management of Data in Life Sciences Market provides a detailed assessment of the market size and forecast from 2020 to 2028. Global market size analysis, storage and management of data in the life sciences is expected to reach $ 81.93 billion by 2028, with a CAGR of 17.26% from 2021 to 2028.
Concerns about the challenges of managing, storing and analyzing computer data in the life sciences industry have fueled the need for effective solutions. With more structured clinical data produced on a larger basis, effective solutions for analyzing, storing and managing life science data are becoming increasingly common among industry players. With an increasing number of connections between life science companies and pharmaceutical companies, the latter are increasingly contributing to the growth of the global market.
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The COVID-19 pandemic has started to hit businesses across many sectors and industries, including manufacturing, food production, automotive, aerospace and defense companies, government agencies, pharmaceutical manufacturers and producers of oil and gas products. The repercussions of this pandemic have caused many ripple effects in several global markets including the life sciences data analytics, storage and management market as well as many regional economies due to the temporary closure of manufacturing facilities. End users of these products also suffer from a drop in demand for their products as companies abandon their long-term strategies in favor of short-term survival.
Key Players Featured in Data Analytics, Storage and Management in Life Sciences Report:
- Hewlett Packard Enterprise (US)
- Dell Technologies Inc. (US)
- Advanced Micro Devices, Inc. (US)
- IBM Corporation (United States)
- Intel Corporation (United States)
- Cisco Systems, Inc. (US)
- Hitachi, Ltd. (Japan)
- Accenture PLC (Ireland)
- Lenovo (Hong-Kong)
The study provides a detailed analysis of the main players in the Analysis, storage and management of data in life sciences market that includes manufacturers, suppliers and organizations, among others. Competitor analysis includes revenue regeneration, analysis of business segments and geographic presence in each country, key strategies and developments, product portfolio and SWOT analysis.
Global Segmentation of the life sciences data analytics, storage and management market:
- Based on product and services
- Data Analysis Software and Workbenches
- Storage room
- Cloud computing solution
- Data analysis services
- Next Generation Sequencing
- Flow cytometry
- Based on end user
- Pharmaceutical and biotechnology companies
- Research centers
- Academic and government institutions
- Hospitals and clinics
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Global Data Analysis, Storage & Management in Life Sciences Market Geographic Coverage:
- North America
- The rest of europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Rest of the world
- South America
- Middle East and Africa
North America has emerged as the global market leader due to the dramatic increase in its patient base with chronic diseases and cardiovascular conditions. This factor has led to a dramatic increase in the volume of big data in the life sciences industry. The United States has gained this position over its counterparts, thanks to the growing number of R&D activities carried out by biopharmaceutical companies coupled with their growing presence in the country.
IMP NOTE: All our reports will be updated taking into account the impact of the COVID-19 scenario.
Crucial pointer addressed in the report:
Analysis, storage and management of data in the life sciences This section of our report describes relevant market topics that we researched and the direction we see in the industry. These include, but are not limited to, the segments discussed, company descriptions and key statistics regarding customer growth. This section provides a detailed analysis of the current as well as future growth factors of the market division into products and services, applications, end users, and regions.
Analysis, Storage and Management of Data in Life Sciences Market Dynamics: This section provides a detailed analysis of growth factors, restraining factors and business opportunities. Further, the report provides detailed analysis of the impact of COVID affecting market growth along with a precise focus on industry policies, regulatory framework, current issues impacting market growth. at national / international level.
Analysis, storage and management of data in regional outlook of the life sciences market: The country section is a breakdown by country of the correspondence between production and consumption rates.
Data Analysis, Storage, and Management in the Competitive Landscape of the Life Sciences Market: This section provides a comprehensive market share analysis and in-depth analysis of the key 10 players covered in the market report.
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