Market revenue in 2023 | USD 591.5 million |
Market revenue in 2030 | USD 1,167.2 million |
Growth rate | 10.2% (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 |
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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 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.
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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