The Latin America, Middle East and Africa AI In Life Science Analytics Market would witness market growth of 17.0% CAGR during the forecast period (2022-2028).
Life sciences organizations can stream factory and sensor data to analytics engines that produce new insights by applying AI to biopharma production facilities and procedures. Companies can then use these insights to foresee process bottlenecks, spot quality control problems, and offer proactive corrective measures.
Additionally, businesses may utilize AI to forecast demand and supply more accurately, suggest the best course of action to supply chain managers, and even carry out some tasks independently. Such supply chain tools offered by AI technologies can enhance businesses' capacity to respond dynamically to changes in market demand and supply availability, minimize disruptions, and improve decision-making with regard to product distribution and new product introductions.
Similar advancements like this are helping in realizing the lofty vision of Biopharma 4.0. Artificial intelligence-powered medical technology has the potential to save lives, conserve resources, and address the human resources deficit in the healthcare industry by allowing healthcare workers to focus more on duties that benefit people.
The usage of advanced technological solutions is governed by regional governmental bodies. For example, the Brazilian General Data Protection Law establishes regulations for personal data processing on digital platforms and in physical media. It has also proposed guidelines and principles for the use and development of AI. Such efforts facilitated the adoption of AI by various organizations in the nation, like the Health Regulatory Agency of Brazil, which then proceeded to rule medical device software.
The Brazil market dominated the LAMEA AI In Life Science Analytics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $47 million by 2028.The Argentina market is experiencing a CAGR of 17.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 16.7% during (2022 - 2028).
Based on End-user, the market is segmented into Pharmaceutical, Medical Devices, Biotechnology and Others. Based on Application, the market is segmented into Sales & Marketing Support, Supply Chain Analytics, Research & Development and Others. Based on Deployment, the market is segmented into Cloud and On-premise. Based on Component, the market is segmented into Services, Hardware and Software. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global AI In Life Science Analytics Market is Predict to reach $2.5 Billion by 2028, at a CAGR of 10.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wipro Limited, Lexalytics, Inc., Databricks, Inc., SAS Institute, Inc., Sisense, Inc., IQVIA Holdings, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, and Accenture PLC.
Scope of the Study
Market Segments Covered in the Report:
By End-user
- Pharmaceutical
- Medical Devices
- Biotechnology
- Others
By Application
- Sales & Marketing Support
- Supply Chain Analytics
- Research & Development
- Others
By Deployment
By Component
- Services
- Hardware
- Software
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Wipro Limited
- Lexalytics, Inc.
- Databricks, Inc.
- SAS Institute, Inc.
- Sisense, Inc.
- IQVIA Holdings, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Accenture PLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AI In Life Science Analytics Market, by End-user
1.4.2 LAMEA AI In Life Science Analytics Market, by Application
1.4.3 LAMEA AI In Life Science Analytics Market, by Deployment
1.4.4 LAMEA AI In Life Science Analytics Market, by Component
1.4.5 LAMEA AI In Life Science Analytics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA AI In Life Science Analytics Market by End-user
4.1 LAMEA Pharmaceutical Market by Country
4.2 LAMEA Medical Devices Market by Country
4.3 LAMEA Biotechnology Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA AI In Life Science Analytics Market by Application
5.1 LAMEA Sales & Marketing Support Market by Country
5.2 LAMEA Supply Chain Analytics Market by Country
5.3 LAMEA Research & Development Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA AI In Life Science Analytics Market by Deployment
6.1 LAMEA Cloud Market by Country
6.2 LAMEA On-premise Market by Country
Chapter 7. LAMEA AI In Life Science Analytics Market by Component
7.1 LAMEA Services Market by Country
7.2 LAMEA Hardware Market by Country
7.3 LAMEA Software Market by Country
Chapter 8. LAMEA AI In Life Science Analytics Market by Country
8.1 Brazil AI In Life Science Analytics Market
8.1.1 Brazil AI In Life Science Analytics Market by End-user
8.1.2 Brazil AI In Life Science Analytics Market by Application
8.1.3 Brazil AI In Life Science Analytics Market by Deployment
8.1.4 Brazil AI In Life Science Analytics Market by Component
8.2 Argentina AI In Life Science Analytics Market
8.2.1 Argentina AI In Life Science Analytics Market by End-user
8.2.2 Argentina AI In Life Science Analytics Market by Application
8.2.3 Argentina AI In Life Science Analytics Market by Deployment
8.2.4 Argentina AI In Life Science Analytics Market by Component
8.3 UAE AI In Life Science Analytics Market
8.3.1 UAE AI In Life Science Analytics Market by End-user
8.3.2 UAE AI In Life Science Analytics Market by Application
8.3.3 UAE AI In Life Science Analytics Market by Deployment
8.3.4 UAE AI In Life Science Analytics Market by Component
8.4 Saudi Arabia AI In Life Science Analytics Market
8.4.1 Saudi Arabia AI In Life Science Analytics Market by End-user
8.4.2 Saudi Arabia AI In Life Science Analytics Market by Application
8.4.3 Saudi Arabia AI In Life Science Analytics Market by Deployment
8.4.4 Saudi Arabia AI In Life Science Analytics Market by Component
8.5 South Africa AI In Life Science Analytics Market
8.5.1 South Africa AI In Life Science Analytics Market by End-user
8.5.2 South Africa AI In Life Science Analytics Market by Application
8.5.3 South Africa AI In Life Science Analytics Market by Deployment
8.5.4 South Africa AI In Life Science Analytics Market by Component
8.6 Nigeria AI In Life Science Analytics Market
8.6.1 Nigeria AI In Life Science Analytics Market by End-user
8.6.2 Nigeria AI In Life Science Analytics Market by Application
8.6.3 Nigeria AI In Life Science Analytics Market by Deployment
8.6.4 Nigeria AI In Life Science Analytics Market by Component
8.7 Rest of LAMEA AI In Life Science Analytics Market
8.7.1 Rest of LAMEA AI In Life Science Analytics Market by End-user
8.7.2 Rest of LAMEA AI In Life Science Analytics Market by Application
8.7.3 Rest of LAMEA AI In Life Science Analytics Market by Deployment
8.7.4 Rest of LAMEA AI In Life Science Analytics Market by Component
Chapter 9. Company Profiles
9.1 Wipro Limited
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Oracle Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Accenture PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Microsoft Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 IQVIA Holdings, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.4.2 Product Launches and Product Expansions:
9.6.4.3 Acquisition and Mergers:
9.7 Lexalytics, Inc. (InMoment, Inc.)
9.7.1 Company Overview
9.8 Sisense, Inc.
9.8.1 Company Overview
9.9 Databricks, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches & Product Expansions:
9.10. SAS Institute, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 2 LAMEA AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AI In Life Science Analytics Market
TABLE 4 Product Launches And Product Expansions– AI In Life Science Analytics Market
TABLE 5 Acquisition and Mergers– AI In Life Science Analytics Market
TABLE 6 LAMEA AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 7 LAMEA AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 8 LAMEA Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Medical Devices Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Medical Devices Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Biotechnology Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Biotechnology Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 17 LAMEA AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 18 LAMEA Sales & Marketing Support Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Sales & Marketing Support Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Supply Chain Analytics Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Supply Chain Analytics Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Research & Development Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Research & Development Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 27 LAMEA AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 28 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA On-premise Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA On-premise Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 33 LAMEA AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 34 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA AI In Life Science Analytics Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA AI In Life Science Analytics Market by Country, 2022 - 2028, USD Million
TABLE 42 Brazil AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 43 Brazil AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 44 Brazil AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 45 Brazil AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 46 Brazil AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 47 Brazil AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 48 Brazil AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 49 Brazil AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 50 Brazil AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 51 Brazil AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 52 Argentina AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 53 Argentina AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 54 Argentina AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 55 Argentina AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 56 Argentina AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 57 Argentina AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 58 Argentina AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 59 Argentina AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 60 Argentina AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 61 Argentina AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 62 UAE AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 63 UAE AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 64 UAE AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 65 UAE AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 66 UAE AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 67 UAE AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 68 UAE AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 69 UAE AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 70 UAE AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 71 UAE AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 75 Saudi Arabia AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 76 Saudi Arabia AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 78 Saudi Arabia AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 79 Saudi Arabia AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 80 Saudi Arabia AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 81 Saudi Arabia AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 82 South Africa AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 83 South Africa AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 84 South Africa AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 85 South Africa AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 86 South Africa AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 87 South Africa AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 88 South Africa AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 89 South Africa AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 90 South Africa AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 91 South Africa AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 92 Nigeria AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 93 Nigeria AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 94 Nigeria AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 95 Nigeria AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 96 Nigeria AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 97 Nigeria AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 98 Nigeria AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 99 Nigeria AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 100 Nigeria AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 101 Nigeria AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 102 Rest of LAMEA AI In Life Science Analytics Market, 2018 - 2021, USD Million
TABLE 103 Rest of LAMEA AI In Life Science Analytics Market, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA AI In Life Science Analytics Market by End-user, 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA AI In Life Science Analytics Market by End-user, 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA AI In Life Science Analytics Market by Application, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA AI In Life Science Analytics Market by Application, 2022 - 2028, USD Million
TABLE 108 Rest of LAMEA AI In Life Science Analytics Market by Deployment, 2018 - 2021, USD Million
TABLE 109 Rest of LAMEA AI In Life Science Analytics Market by Deployment, 2022 - 2028, USD Million
TABLE 110 Rest of LAMEA AI In Life Science Analytics Market by Component, 2018 - 2021, USD Million
TABLE 111 Rest of LAMEA AI In Life Science Analytics Market by Component, 2022 - 2028, USD Million
TABLE 112 Key Information – Wipro Limited
TABLE 113 Key Information – Oracle Corporation
TABLE 114 Key information – IBM Corporation
TABLE 115 Key information – Accenture PLC
TABLE 116 key information – Microsoft Corporation
TABLE 117 Key information – IQVIA Holdings, Inc.
TABLE 118 Key Information – Lexalytics, Inc.
TABLE 119 Key Information – Sisense, Inc.
TABLE 120 Key Information – Databricks, Inc.
TABLE 121 Key information – SAS Institute, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Wipro Limited
FIG 5 SWOT Analysis: Wipro Limited
FIG 6 Recent strategies and developments: Oracle Corporation
FIG 7 SWOT analysis: Oracle Corporation
FIG 8 Swot analysis: IBM Corporation
FIG 9 Swot analysis: Accenture plc
FIG 10 SWOT Analysis: Microsoft Corporation
FIG 11 Recent strategies and developments: IQVIA Holdings, Inc.