Life science IT plays a crucial role in life sciences by providing sophisticated tools and solutions to manage, analyze, and interpret complex biological data. Life science IT solutions are designed to streamline various processes within the life sciences domain, including research, drug discovery, clinical trials, and healthcare management. Life science IT software typically includes applications for data management, analysis, and visualization, facilitating the collection, storage, and interpretation of complex biological and clinical data. Life science IT solutions enable researchers to conduct experiments, analyze results, and make informed decisions in areas such as drug discovery, genomics, proteomics, and personalized medicine. Additionally, life science IT software often incorporates features for regulatory compliance, quality control, and collaboration, ensuring that organizations adhere to industry standards and best practices while fostering teamwork and knowledge sharing among multidisciplinary teams.
The global Life Sciences IT market size is projected to grow from US$ 23280 million in 2024 to US$ 44530 million in 2030; it is expected to grow at a CAGR of 11.4% from 2024 to 2030.
The 鈥淟ife Sciences IT Industry Forecast鈥� looks at past sales and reviews total world Life Sciences IT sales in 2022, providing a comprehensive analysis by region and market sector of projected Life Sciences IT sales for 2023 through 2029. With Life Sciences IT sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Life Sciences IT industry.
This Insight Report provides a comprehensive analysis of the global Life Sciences IT landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Life Sciences IT portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Life Sciences IT market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Life Sciences IT and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Life Sciences IT.
The life sciences IT market size in expected to grow significantly, owing to high demand for advance analytical tool to analyze and manage large data generated in the healthcare sector, rise in adoption of the life science IT technology in the drug discovery and development, and growing trend towards digitalization of the healthcare system. According to life sciences IT market forecast, rise in demand for advanced analytical tools is expected to act as a significant driver for the growth of the life sciences IT market. The exponential increase in the volume of data generated within healthcare, fueled by electronic health records, genomic information, and real-time patient monitoring systems, has resulted in increase in demand for sophisticated analytical solutions for efficient analysis and management. For instance, according to a 2023 report by the National Library of Medicine, over 80% of digital data in healthcare is available as unstructured data, requiring new forms of data processing and standardizing that prove challenging to health researchers.
This report presents a comprehensive overview, market shares, and growth opportunities of Life Sciences IT market by product type, application, key players and key regions and countries.
Segmentation by Type:
Software
Services
Segmentation by Application:
Pharmaceutical and Biotechnology Companies
Contract Research and Development Organizations
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Software
Services
Segmentation by Application:
Pharmaceutical and Biotechnology Companies
Contract Research and Development Organizations
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thermo Fisher Scientific Inc
Oracle Corporation
Revvity, Inc
Clario
Illumina, Inc
Qiagen NV
Agilent Technologies, Inc
IBM Corporation
Genedata AG
DNAnexus, Inc
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Life Sciences IT Market Size 2019-2030
2.1.2 Life Sciences IT Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Life Sciences IT by Country/Region, 2019, 2023 & 2030
2.2 Life Sciences IT Segment by Type
2.2.1 Software
2.2.2 Services
2.3 Life Sciences IT Market Size by Type
2.3.1 Life Sciences IT Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Life Sciences IT Market Size Market Share by Type (2019-2024)
2.4 Life Sciences IT Segment by Application
2.4.1 Pharmaceutical and Biotechnology Companies
2.4.2 Contract Research and Development Organizations
2.4.3 Others
2.5 Life Sciences IT Market Size by Application
2.5.1 Life Sciences IT Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Life Sciences IT Market Size Market Share by Application (2019-2024)
3 Life Sciences IT Market Size by Player
3.1 Life Sciences IT Market Size Market Share by Player
3.1.1 Global Life Sciences IT Revenue by Player (2019-2024)
3.1.2 Global Life Sciences IT Revenue Market Share by Player (2019-2024)
3.2 Global Life Sciences IT Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Life Sciences IT by Region
4.1 Life Sciences IT Market Size by Region (2019-2024)
4.2 Global Life Sciences IT Annual Revenue by Country/Region (2019-2024)
4.3 Americas Life Sciences IT Market Size Growth (2019-2024)
4.4 APAC Life Sciences IT Market Size Growth (2019-2024)
4.5 Europe Life Sciences IT Market Size Growth (2019-2024)
4.6 Middle East & Africa Life Sciences IT Market Size Growth (2019-2024)
5 Americas
5.1 Americas Life Sciences IT Market Size by Country (2019-2024)
5.2 Americas Life Sciences IT Market Size by Type (2019-2024)
5.3 Americas Life Sciences IT Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Life Sciences IT Market Size by Region (2019-2024)
6.2 APAC Life Sciences IT Market Size by Type (2019-2024)
6.3 APAC Life Sciences IT Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Life Sciences IT Market Size by Country (2019-2024)
7.2 Europe Life Sciences IT Market Size by Type (2019-2024)
7.3 Europe Life Sciences IT Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Life Sciences IT by Region (2019-2024)
8.2 Middle East & Africa Life Sciences IT Market Size by Type (2019-2024)
8.3 Middle East & Africa Life Sciences IT Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Life Sciences IT Market Forecast
10.1 Global Life Sciences IT Forecast by Region (2025-2030)
10.1.1 Global Life Sciences IT Forecast by Region (2025-2030)
10.1.2 Americas Life Sciences IT Forecast
10.1.3 APAC Life Sciences IT Forecast
10.1.4 Europe Life Sciences IT Forecast
10.1.5 Middle East & Africa Life Sciences IT Forecast
10.2 Americas Life Sciences IT Forecast by Country (2025-2030)
10.2.1 United States Market Life Sciences IT Forecast
10.2.2 Canada Market Life Sciences IT Forecast
10.2.3 Mexico Market Life Sciences IT Forecast
10.2.4 Brazil Market Life Sciences IT Forecast
10.3 APAC Life Sciences IT Forecast by Region (2025-2030)
10.3.1 China Life Sciences IT Market Forecast
10.3.2 Japan Market Life Sciences IT Forecast
10.3.3 Korea Market Life Sciences IT Forecast
10.3.4 Southeast Asia Market Life Sciences IT Forecast
10.3.5 India Market Life Sciences IT Forecast
10.3.6 Australia Market Life Sciences IT Forecast
10.4 Europe Life Sciences IT Forecast by Country (2025-2030)
10.4.1 Germany Market Life Sciences IT Forecast
10.4.2 France Market Life Sciences IT Forecast
10.4.3 UK Market Life Sciences IT Forecast
10.4.4 Italy Market Life Sciences IT Forecast
10.4.5 Russia Market Life Sciences IT Forecast
10.5 Middle East & Africa Life Sciences IT Forecast by Region (2025-2030)
10.5.1 Egypt Market Life Sciences IT Forecast
10.5.2 South Africa Market Life Sciences IT Forecast
10.5.3 Israel Market Life Sciences IT Forecast
10.5.4 Turkey Market Life Sciences IT Forecast
10.6 Global Life Sciences IT Forecast by Type (2025-2030)
10.7 Global Life Sciences IT Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Life Sciences IT Forecast
11 Key Players Analysis
11.1 Thermo Fisher Scientific Inc
11.1.1 Thermo Fisher Scientific Inc Company Information
11.1.2 Thermo Fisher Scientific Inc Life Sciences IT Product Offered
11.1.3 Thermo Fisher Scientific Inc Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Thermo Fisher Scientific Inc Main Business Overview
11.1.5 Thermo Fisher Scientific Inc Latest Developments
11.2 Oracle Corporation
11.2.1 Oracle Corporation Company Information
11.2.2 Oracle Corporation Life Sciences IT Product Offered
11.2.3 Oracle Corporation Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Oracle Corporation Main Business Overview
11.2.5 Oracle Corporation Latest Developments
11.3 Revvity, Inc
11.3.1 Revvity, Inc Company Information
11.3.2 Revvity, Inc Life Sciences IT Product Offered
11.3.3 Revvity, Inc Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Revvity, Inc Main Business Overview
11.3.5 Revvity, Inc Latest Developments
11.4 Clario
11.4.1 Clario Company Information
11.4.2 Clario Life Sciences IT Product Offered
11.4.3 Clario Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Clario Main Business Overview
11.4.5 Clario Latest Developments
11.5 Illumina, Inc
11.5.1 Illumina, Inc Company Information
11.5.2 Illumina, Inc Life Sciences IT Product Offered
11.5.3 Illumina, Inc Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Illumina, Inc Main Business Overview
11.5.5 Illumina, Inc Latest Developments
11.6 Qiagen NV
11.6.1 Qiagen NV Company Information
11.6.2 Qiagen NV Life Sciences IT Product Offered
11.6.3 Qiagen NV Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Qiagen NV Main Business Overview
11.6.5 Qiagen NV Latest Developments
11.7 Agilent Technologies, Inc
11.7.1 Agilent Technologies, Inc Company Information
11.7.2 Agilent Technologies, Inc Life Sciences IT Product Offered
11.7.3 Agilent Technologies, Inc Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Agilent Technologies, Inc Main Business Overview
11.7.5 Agilent Technologies, Inc Latest Developments
11.8 IBM Corporation
11.8.1 IBM Corporation Company Information
11.8.2 IBM Corporation Life Sciences IT Product Offered
11.8.3 IBM Corporation Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 IBM Corporation Main Business Overview
11.8.5 IBM Corporation Latest Developments
11.9 Genedata AG
11.9.1 Genedata AG Company Information
11.9.2 Genedata AG Life Sciences IT Product Offered
11.9.3 Genedata AG Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Genedata AG Main Business Overview
11.9.5 Genedata AG Latest Developments
11.10 DNAnexus, Inc
11.10.1 DNAnexus, Inc Company Information
11.10.2 DNAnexus, Inc Life Sciences IT Product Offered
11.10.3 DNAnexus, Inc Life Sciences IT Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 DNAnexus, Inc Main Business Overview
11.10.5 DNAnexus, Inc Latest Developments
12 Research Findings and Conclusion
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*If Applicable.
