The Latin America, Middle East and Africa AI In Life Science Analytics Market should witness market growth of 17.0% CAGR during the forecast period (2022-2028).
Life sciences organizations can stream factory and sensor data to analytics engines that produce new insights by applying AI to biopharma production facilities and procedures. Companies can then use these insights to foresee process bottlenecks, spot quality control problems, and offer proactive corrective measures.
Additionally, businesses may utilize AI to forecast demand and supply more accurately, suggest the best course of action to supply chain managers, and even carry out some tasks independently. Such supply chain tools offered by AI technologies can enhance businesses' capacity to respond dynamically to changes in market demand and supply availability, minimize disruptions, and improve decision-making with regard to product distribution and new product introductions.
Similar advancements like this are helping in realizing the lofty vision of Biopharma 4.0. Artificial intelligence-powered medical technology has the potential to save lives, conserve resources, and address the human resources deficit in the healthcare industry by allowing healthcare workers to focus more on duties that benefit people.
The usage of advanced technological solutions is governed by regional governmental bodies. For example, the Brazilian General Data Protection Law establishes regulations for personal data processing on digital platforms and in physical media. It has also proposed guidelines and principles for the use and development of AI. Such efforts facilitated the adoption of AI by various organizations in the nation, like the Health Regulatory Agency of Brazil, which then proceeded to rule medical device software.
The Brazil market dominated the LAMEA AI In Life Science Analytics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $47 million by 2028.The Argentina market is experiencing a CAGR of 17.6% during (2022-2028). Additionally, The UAE market would display a CAGR of 16.7% during (2022-2028).
Based on End-user, the market is segmented into Pharmaceutical, Medical Devices, Biotechnology and Others. Based on Application, the market is segmented into Sales & Marketing Support, Supply Chain Analytics, Research & Development and Others. Based on Deployment, the market is segmented into Cloud and On-premise. Based on Component, the market is segmented into Services, Hardware and Software. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wipro Limited, Lexalytics, Inc., Databricks, Inc., SAS Institute, Inc., Sisense, Inc., IQVIA Holdings, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, and Accenture PLC.
Life sciences organizations can stream factory and sensor data to analytics engines that produce new insights by applying AI to biopharma production facilities and procedures. Companies can then use these insights to foresee process bottlenecks, spot quality control problems, and offer proactive corrective measures.
Additionally, businesses may utilize AI to forecast demand and supply more accurately, suggest the best course of action to supply chain managers, and even carry out some tasks independently. Such supply chain tools offered by AI technologies can enhance businesses' capacity to respond dynamically to changes in market demand and supply availability, minimize disruptions, and improve decision-making with regard to product distribution and new product introductions.
Similar advancements like this are helping in realizing the lofty vision of Biopharma 4.0. Artificial intelligence-powered medical technology has the potential to save lives, conserve resources, and address the human resources deficit in the healthcare industry by allowing healthcare workers to focus more on duties that benefit people.
The usage of advanced technological solutions is governed by regional governmental bodies. For example, the Brazilian General Data Protection Law establishes regulations for personal data processing on digital platforms and in physical media. It has also proposed guidelines and principles for the use and development of AI. Such efforts facilitated the adoption of AI by various organizations in the nation, like the Health Regulatory Agency of Brazil, which then proceeded to rule medical device software.
The Brazil market dominated the LAMEA AI In Life Science Analytics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $47 million by 2028.The Argentina market is experiencing a CAGR of 17.6% during (2022-2028). Additionally, The UAE market would display a CAGR of 16.7% during (2022-2028).
Based on End-user, the market is segmented into Pharmaceutical, Medical Devices, Biotechnology and Others. Based on Application, the market is segmented into Sales & Marketing Support, Supply Chain Analytics, Research & Development and Others. Based on Deployment, the market is segmented into Cloud and On-premise. Based on Component, the market is segmented into Services, Hardware and Software. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wipro Limited, Lexalytics, Inc., Databricks, Inc., SAS Institute, Inc., Sisense, Inc., IQVIA Holdings, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, and Accenture PLC.
Scope of the Study
By End-user
- Pharmaceutical
- Medical Devices
- Biotechnology
- Others
By Application
- Sales & Marketing Support
- Supply Chain Analytics
- Research & Development
- Others
By Deployment
- Cloud
- On-premise
By Component
- Services
- Hardware
- Software
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Wipro Limited
- Lexalytics, Inc.
- Databricks, Inc.
- SAS Institute, Inc.
- Sisense, Inc.
- IQVIA Holdings, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Accenture PLC
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AI In Life Science Analytics Market, by End-user
1.4.2 LAMEA AI In Life Science Analytics Market, by Application
1.4.3 LAMEA AI In Life Science Analytics Market, by Deployment
1.4.4 LAMEA AI In Life Science Analytics Market, by Component
1.4.5 LAMEA AI In Life Science Analytics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA AI In Life Science Analytics Market by End-user
4.1 LAMEA Pharmaceutical Market by Country
4.2 LAMEA Medical Devices Market by Country
4.3 LAMEA Biotechnology Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA AI In Life Science Analytics Market by Application
5.1 LAMEA Sales & Marketing Support Market by Country
5.2 LAMEA Supply Chain Analytics Market by Country
5.3 LAMEA Research & Development Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA AI In Life Science Analytics Market by Deployment
6.1 LAMEA Cloud Market by Country
6.2 LAMEA On-premise Market by Country
Chapter 7. LAMEA AI In Life Science Analytics Market by Component
7.1 LAMEA Services Market by Country
7.2 LAMEA Hardware Market by Country
7.3 LAMEA Software Market by Country
Chapter 8. LAMEA AI In Life Science Analytics Market by Country
8.1 Brazil AI In Life Science Analytics Market
8.1.1 Brazil AI In Life Science Analytics Market by End-user
8.1.2 Brazil AI In Life Science Analytics Market by Application
8.1.3 Brazil AI In Life Science Analytics Market by Deployment
8.1.4 Brazil AI In Life Science Analytics Market by Component
8.2 Argentina AI In Life Science Analytics Market
8.2.1 Argentina AI In Life Science Analytics Market by End-user
8.2.2 Argentina AI In Life Science Analytics Market by Application
8.2.3 Argentina AI In Life Science Analytics Market by Deployment
8.2.4 Argentina AI In Life Science Analytics Market by Component
8.3 UAE AI In Life Science Analytics Market
8.3.1 UAE AI In Life Science Analytics Market by End-user
8.3.2 UAE AI In Life Science Analytics Market by Application
8.3.3 UAE AI In Life Science Analytics Market by Deployment
8.3.4 UAE AI In Life Science Analytics Market by Component
8.4 Saudi Arabia AI In Life Science Analytics Market
8.4.1 Saudi Arabia AI In Life Science Analytics Market by End-user
8.4.2 Saudi Arabia AI In Life Science Analytics Market by Application
8.4.3 Saudi Arabia AI In Life Science Analytics Market by Deployment
8.4.4 Saudi Arabia AI In Life Science Analytics Market by Component
8.5 South Africa AI In Life Science Analytics Market
8.5.1 South Africa AI In Life Science Analytics Market by End-user
8.5.2 South Africa AI In Life Science Analytics Market by Application
8.5.3 South Africa AI In Life Science Analytics Market by Deployment
8.5.4 South Africa AI In Life Science Analytics Market by Component
8.6 Nigeria AI In Life Science Analytics Market
8.6.1 Nigeria AI In Life Science Analytics Market by End-user
8.6.2 Nigeria AI In Life Science Analytics Market by Application
8.6.3 Nigeria AI In Life Science Analytics Market by Deployment
8.6.4 Nigeria AI In Life Science Analytics Market by Component
8.7 Rest of LAMEA AI In Life Science Analytics Market
8.7.1 Rest of LAMEA AI In Life Science Analytics Market by End-user
8.7.2 Rest of LAMEA AI In Life Science Analytics Market by Application
8.7.3 Rest of LAMEA AI In Life Science Analytics Market by Deployment
8.7.4 Rest of LAMEA AI In Life Science Analytics Market by Component
Chapter 9. Company Profiles
9.1 Wipro Limited
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Oracle Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Accenture PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Microsoft Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 IQVIA Holdings, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.4.2 Product Launches and Product Expansions:
9.6.4.3 Acquisition and Mergers:
9.7 Lexalytics, Inc. (InMoment, Inc.)
9.7.1 Company Overview
9.8 Sisense, Inc.
9.8.1 Company Overview
9.9 Databricks, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches & Product Expansions:
9.10. SAS Institute, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
Companies Mentioned
- Wipro Limited
- Lexalytics, Inc.
- Databricks, Inc.
- SAS Institute, Inc.
- Sisense, Inc.
- IQVIA Holdings, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Accenture PLC
Methodology
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