Life Science Software Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio
The global life science software market is expected to register an incremental growth of USD 2.55 billion, witnessing a CAGR of over 7% during 2020-2024, according to the latest market research analysis by Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the life science software market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Life Science Software Market 2020-2024 (Graphic: Business Wire)
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Amid the COVID-19 Crisis, the Revaluated and Updated Life Science Software Market Report Says:
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Life Science Software Market Segmentation and Competitive Analysis
Life science software market is segmented by end-user (pharmaceutical, biotechnology, and others.), deployment (cloud and on-premise), and geography (North America, Europe, APAC, South America, and MEA. Growing focus on storing patient information has been an instrumental factor in influencing the growth of life science software market. Other market drivers include increasing the need for improving operational efficiency and increasing technological innovations.
The market is fragmented. The report analyzes the market's competitive landscape and offers information on several market vendors, including Cegedim SA, Dassault Systemes SE, Medidata Solutions Inc., Model N Inc., Oracle Corp., PTC Therapeutics Inc., SAP (News - Alert) SE, SAS Institute Inc., Thermo Fisher Scientific Inc., and Veeva Systems Inc. Moreover, Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
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