UAE Life Science Analytics Market Size & Outlook
UAE life science analytics market, 2018-2030 (US$M)
Related Markets
UAE life science analytics market highlights
- The UAE life science analytics market generated a revenue of USD 62.4 million in 2023 and is expected to reach USD 139.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 12.2% 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 62.4 million |
| Market revenue in 2030 | USD 139.6 million |
| Growth rate | 12.2% (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 |
Other key industry trends
- In terms of revenue, UAE accounted for 0.3% 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 Middle East & Africa, Saudi Arabia life science analytics market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 146.5 million by 2030.
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Life Science Analytics Market Scope
Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 61.7% in 2023. Horizon Databook has segmented the UAE life science analytics market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE healthcare space has been taking robust efforts to transform and develop healthcare infrastructure and modernize healthcare systems. The increasing population burdened with rise of chronic diseases due to changing lifestyles and increased life expectancy, the healthcare system has been under tremendous pressure.
In October 2017, the Government of UAE launched UAE Strategy for AI, which uses an integrated digital system to provide quick and efficient solutions in healthcare sector to minimize the threat of chronic & dangerous diseases.
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Target buyers of UAE 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 UAE life science analytics market , including forecasts for subscribers. This country databook contains high-level insights into UAE life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UAE life science analytics market size, by component, 2018-2030 (US$M)
UAE Life Science Analytics Market Outlook Share, 2023 & 2030 (US$M)
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