Italy Life Science Analytics Market Size & Outlook
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Italy life science analytics market highlights
- The Italy life science analytics market generated a revenue of USD 279.9 million in 2022 and is expected to reach USD 459.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, services was the largest revenue generating component in 2022.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Life science analytics market data book summary
| Market revenue in 2022 | USD 279.9 million |
| Market revenue in 2030 | USD 459.2 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Oracle Corp, IQVIA Holdings Inc, SAS, Cognizant Technology Solutions Corp Class A, International Business Machines Corp, Accenture PLC Class A, Wipro Ltd ADR, TAKE Solutions |
Other key industry trends
- In terms of revenue, Italy accounted for 3.1% of the global life science analytics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany life science analytics market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 812.2 million by 2030.
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Life Science Analytics Market Scope
Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TAKE Solutions | View profile | 1001-5000 | Princeton, New Jersey, United States, North America | http://www.takesolutions.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| SAS | View profile | 10001+ | Cary, North Carolina, United States, North America | http://www.sas.com |
| Cognizant Technology Solutions Corp Class A | View profile | 344400 | 300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, United States, 07666 | https://www.cognizant.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
| Wipro Ltd ADR | View profile | 244707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | https://www.wipro.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Italy life science analytics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to life science analytics market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 59.16% in 2022. Horizon Databook has segmented the Italy life science analytics market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The country’s pharma market had gone through a significant change in structure and competitiveness. In 2018, Italy overtook Germany and became a leading producer of pharmaceuticals in the EU. According to the Association of the Italian pharmaceutical company (Farmindustria), the quality of the production of pharmaceuticals has been a sign of success.
Therefore, the growth of the pharmaceutical space is anticipated to contribute to the demand for analytical solutions. In addition, it has been attracting numerous new investments, which, in turn, have had a positive impact on market growth.
Moreover, with the growing pharmaceutical production, the country is also working to become a major player in clinical studies. According to the Association of the Italian pharmaceutical company (Farmindustria), about 20% of the trials in Europe are conducted in Italy, which directly impact the demand for analytical solutions.
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Target buyers of Italy life science analytics market databook
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Our clientele includes a mix of life science analytics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy life science analytics market , including forecasts for subscribers. This country databook contains high-level insights into Italy life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy life science analytics market size, by component, 2018-2030 (US$M)
Italy Life Science Analytics Market Outlook Share, 2022 & 2030 (US$M)
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