France Life Science Analytics Market Size & Outlook
France life science analytics market, 2018-2030 (US$M)
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France life science analytics market highlights
- The France life science analytics market generated a revenue of USD 712.3 million in 2023 and is expected to reach USD 1,399.7 million by 2030.
- The France market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- 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 2023 | USD 712.3 million |
| Market revenue in 2030 | USD 1,399.7 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, France accounted for 3.8% of the global life science analytics market in 2023.
- 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 2,285.0 million by 2030.
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Life Science Analytics Market Scope
Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 59.46% in 2023. Horizon Databook has segmented the France life science analytics market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
France life sciences analytics market is anticipated to grow at a substantial pace over the forecast period. This growth can be attributed to various factors such as favorable reimbursement coverage, healthcare sector improvements, and increase in healthcare expenditure, product innovation & development, and rise in chronic disease prevalence.
According to World Cancer Research Fund, the prevalence of cancer in all demographics was 197.9 per 100,000 in 2018. Increasing prevalence of cancer and shortage of skilled healthcare personnel are factors leading to an increasing demand for analytics in the French healthcare space.
For instance, in July 2020, Ibex Medical Analytics, a pioneer in AI-based cancer diagnostics, and Medipath, the largest network of private pathology labs in France, announced the deployment of an AI-powered solution for cancer detection in pathology in France.
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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 France life science analytics market , including forecasts for subscribers. This country databook contains high-level insights into France life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France life science analytics market size, by component, 2018-2030 (US$M)
France Life Science Analytics Market Outlook Share, 2023 & 2030 (US$M)
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