Mexico Life Science Analytics Market Size & Outlook
Mexico life science analytics market, 2018-2030 (US$M)
Related Markets
Mexico life science analytics market highlights
- The Mexico life science analytics market generated a revenue of USD 200.0 million in 2023 and is expected to reach USD 523.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 14.7% 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 200.0 million |
| Market revenue in 2030 | USD 523.5 million |
| Growth rate | 14.7% (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, Mexico accounted for 1.1% 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 Latin America, Brazil life science analytics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 523.5 million by 2030.
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Life Science Analytics Market Scope
Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 59.5% in 2023. Horizon Databook has segmented the Mexico life science analytics market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The life sciences analytics industry in Mexico is anticipated to witness lucrative growth over the forecast period. Initiatives such as the Pena Nieto reform Plans anticipated to revamp the healthcare system in Mexico, which also includes healthcare IT implementation.
For instance, Pena Nieto reform plan have provision of reimbursement, which requires exchange of patient record. Hence, with the huge population, this policy provides avenue for market players. The poor healthcare infrastructure and low healthcare spending is expected to restrain market growth over the forecast period.
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Target buyers of Mexico 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 Mexico life science analytics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico life science analytics market size, by component, 2018-2030 (US$M)
Mexico Life Science Analytics Market Outlook Share, 2023 & 2030 (US$M)
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