The Asia Pacific AI In Life Science Analytics Market should witness market growth of 12.1% CAGR during the forecast period (2022-2028).
Pharmaceutical businesses are rapidly utilizing digital transformation to enhance their value chain operations and boost market productivity and profitability. Organizations may significantly improve their R&D productivity, product development, sales growth, CRM, and governance with the help of contemporary technology breakthroughs like ubiquitous computing, big data, analytics, and mobile technologies.
The growth of the life science analytics industry is being boosted further by technological developments that combine AI and ML. The implementation of green initiatives like paperless technology in various labs will also help the market to grow further. Consequently, this also helps in reducing both process times and errors.
In the Asia Pacific region, the number of countries that aim to implement AI tools and associated technologies, along with emerging biotechnology, pharmaceutical, and biopharmaceutical companies, has also increased the demand for AI in analytics processes. As a result, prominent market players are focusing on using AI-based analytical tools to improve their operational efficiency. In addition, the growing incidences of injuries and the increasing disposable income have increased the accessibility of drugs for many people in the region. This has positively affected the drug development industries, which further increases the demand for AI analytical tools.
The China market dominated the Asia Pacific 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 $166 million by 2028.The Japan market is estimated to grow a CAGR of 11.4% during (2022-2028). Additionally, The India market would experience a CAGR of 12.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
Pharmaceutical businesses are rapidly utilizing digital transformation to enhance their value chain operations and boost market productivity and profitability. Organizations may significantly improve their R&D productivity, product development, sales growth, CRM, and governance with the help of contemporary technology breakthroughs like ubiquitous computing, big data, analytics, and mobile technologies.
The growth of the life science analytics industry is being boosted further by technological developments that combine AI and ML. The implementation of green initiatives like paperless technology in various labs will also help the market to grow further. Consequently, this also helps in reducing both process times and errors.
In the Asia Pacific region, the number of countries that aim to implement AI tools and associated technologies, along with emerging biotechnology, pharmaceutical, and biopharmaceutical companies, has also increased the demand for AI in analytics processes. As a result, prominent market players are focusing on using AI-based analytical tools to improve their operational efficiency. In addition, the growing incidences of injuries and the increasing disposable income have increased the accessibility of drugs for many people in the region. This has positively affected the drug development industries, which further increases the demand for AI analytical tools.
The China market dominated the Asia Pacific 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 $166 million by 2028.The Japan market is estimated to grow a CAGR of 11.4% during (2022-2028). Additionally, The India market would experience a CAGR of 12.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific AI In Life Science Analytics Market, by End-user
1.4.2 Asia Pacific AI In Life Science Analytics Market, by Application
1.4.3 Asia Pacific AI In Life Science Analytics Market, by Deployment
1.4.4 Asia Pacific AI In Life Science Analytics Market, by Component
1.4.5 Asia Pacific 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. Asia Pacific AI In Life Science Analytics Market by End-user
4.1 Asia Pacific Pharmaceutical Market by Country
4.2 Asia Pacific Medical Devices Market by Country
4.3 Asia Pacific Biotechnology Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific AI In Life Science Analytics Market by Application
5.1 Asia Pacific Sales & Marketing Support Market by Country
5.2 Asia Pacific Supply Chain Analytics Market by Country
5.3 Asia Pacific Research & Development Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific AI In Life Science Analytics Market by Deployment
6.1 Asia Pacific Cloud Market by Country
6.2 Asia Pacific On-premise Market by Country
Chapter 7. Asia Pacific AI In Life Science Analytics Market by Component
7.1 Asia Pacific Services Market by Country
7.2 Asia Pacific Hardware Market by Country
7.3 Asia Pacific Software Market by Country
Chapter 8. Asia Pacific AI In Life Science Analytics Market by Country
8.1 China AI In Life Science Analytics Market
8.1.1 China AI In Life Science Analytics Market by End-user
8.1.2 China AI In Life Science Analytics Market by Application
8.1.3 China AI In Life Science Analytics Market by Deployment
8.1.4 China AI In Life Science Analytics Market by Component
8.2 Japan AI In Life Science Analytics Market
8.2.1 Japan AI In Life Science Analytics Market by End-user
8.2.2 Japan AI In Life Science Analytics Market by Application
8.2.3 Japan AI In Life Science Analytics Market by Deployment
8.2.4 Japan AI In Life Science Analytics Market by Component
8.3 India AI In Life Science Analytics Market
8.3.1 India AI In Life Science Analytics Market by End-user
8.3.2 India AI In Life Science Analytics Market by Application
8.3.3 India AI In Life Science Analytics Market by Deployment
8.3.4 India AI In Life Science Analytics Market by Component
8.4 South Korea AI In Life Science Analytics Market
8.4.1 South Korea AI In Life Science Analytics Market by End-user
8.4.2 South Korea AI In Life Science Analytics Market by Application
8.4.3 South Korea AI In Life Science Analytics Market by Deployment
8.4.4 South Korea AI In Life Science Analytics Market by Component
8.5 Singapore AI In Life Science Analytics Market
8.5.1 Singapore AI In Life Science Analytics Market by End-user
8.5.2 Singapore AI In Life Science Analytics Market by Application
8.5.3 Singapore AI In Life Science Analytics Market by Deployment
8.5.4 Singapore AI In Life Science Analytics Market by Component
8.6 Malaysia AI In Life Science Analytics Market
8.6.1 Malaysia AI In Life Science Analytics Market by End-user
8.6.2 Malaysia AI In Life Science Analytics Market by Application
8.6.3 Malaysia AI In Life Science Analytics Market by Deployment
8.6.4 Malaysia AI In Life Science Analytics Market by Component
8.7 Rest of Asia Pacific AI In Life Science Analytics Market
8.7.1 Rest of Asia Pacific AI In Life Science Analytics Market by End-user
8.7.2 Rest of Asia Pacific AI In Life Science Analytics Market by Application
8.7.3 Rest of Asia Pacific AI In Life Science Analytics Market by Deployment
8.7.4 Rest of Asia Pacific 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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