The latest update of “Global Life Science Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Life Science Market.
Overview of the Life Science Market:
Life sciences are the interdisciplinary studies of life that include all life forms and systems. It is natural science that employs the use of chemistry, physics, and biology. It's a profoundly interdisciplinary field but has many unifying themes that bind it together as a whole, a self-contained field. For example, all living organisms are composed of cells that process genealogical information passed on to future generations, which are then passed on to other cells. All living things are governed by an intricate set of cellular and molecular mechanisms that are largely unknown.
Market Dynamics
Emergence of Covid-19 is expected to propel the growth of the life sciences products market over the forecast period. For instance, in the U.S. from 3 January 2020 to 5:10 pm CEST, 23 September 2021, there have been 42,163,561 confirmed cases of COVID-19 with 673,728 deaths, reported to WHO.
Adoption of partnership strategies is expected to offer lucrative growth opportunities for players in the life sciences products market. For instance, in June 2021, Bio-Rad Laboratories, Inc. partnered with Seegene, Inc., a provider of multiplex molecular diagnostics, for the clinical development and commercialization of infectious disease molecular diagnostic products. Moreover, expansion of capabilities is also expected to offer lucrative growth opportunities for players in the life sciences products market. For instance, in January 2021, Crown Bioscience launched proprietary NGS panel services, thereby expanding its state-of-the-art NGS capabilities.
Major players operating in the life sciences products market are focused on adopting M&A strategies to expand their product portfolio. For instance, in August 2021, Abcam plc entered into a definitive agreement to acquire BioVision, Inc., a wholly-owned subsidiary of Boai NKY Medical Holdings Ltd. and a distributor of life science research tools to biopharma, diagnostic and academic customers.
Key Takeaways
- Launch of new products is expected to propel the growth of the life sciences products market over the forecast period. For instance, in April 2021, GenScript launched Research Lentiviral Vector Packaging Service for cell line development, gene editing, and drug discovery.
- Major players operating in the life sciences products market are focused on adopting M&A strategies to expand their product portfolio. For instance, in May 2021, Crown Bioscience acquired OcellO B.V., a privately owned contract research organization located in the Netherlands.
- Major players operating in the life sciences products market include Abcam Plc, AMS Biotechnology (Europe) Limited, Bio-Rad Laboratories Inc., BPS Bioscience Inc., Crown Bioscience Inc., Genscript Biotech Corporation, Merck Millipore Limited, PerkinElmer Inc., Sigma Aldrich Corp., and Thermo Fisher Scientific Inc.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Life Science Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Life Science Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Knowledgent
- MethodSense
- ALTEN Colsoft Labs
- MedNet Solutions
- MedAvante
- BioRAFT
- Invasystems
- Epam
- BioForties
- Cybage
- Keste
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Life Science Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Anatomy
- Biochemistry
- Bioengineering
- Bioinformatics
- Biolinguistics
- Biological Anthropology
- Biomechanics
- Biophysics
- Biotechnology
- Biotechnology
By Applications, the market is segmented into:
- Pharmaceutical industry
- Hospital
- Laboratory
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Life Science Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Life Science Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Life Science Market
1.6.1 How the Covid-19 is Affecting the Life Science Market
1.6.1.1 Life Science Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Life Science Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Life Science Market Perspective (2015-2027)
2.2 Life Science Market Growth Trends by Regions
2.2.1 Life Science Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Life Science Market Historic Market Share by Regions (2015-2021)
2.2.3 Life Science Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Life Science Market Growth Strategy
2.3.6 Primary Interviews with Key Life Science Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Life Science Market Players by Market Size
3.1.1 Global Top Life Science Market Players by Revenue (2015-2021)
3.1.2 Global Life Science Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Life Science Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Life Science Market Concentration Ratio
3.2.1 Global Life Science Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Life Science Market Revenue in 2019
3.3 Life Science Market Key Players Head office and Area Served
3.4 Key Players Life Science Market Product Solution and Service
3.5 Date of entering into Life Science Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Life Science Market Historic Market Size by Type (2015-2021)
4.2 Global Life Science Market Forecasted Market Size by Type (2021-2027)
5 Life Science Market Breakdown Data by Application (2015-2027)
5.1 Global Life Science Market Size by Application (2015-2021)
5.2 Global Life Science Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Life Science Market Size (2015-2021)
6.2 Life Science Market Key Players in North America (2019-2021)
6.3 North America Life Science Market Size by Type (2015-2021)
6.4 North America Life Science Market Size by Application (2015-2021)
7 Europe
7.1 Europe Life Science Market Size (2015-2021)
7.2 Life Science Market Key Players in Europe (2019-2021)
7.3 Europe Life Science Market Size by Type (2015-2021)
7.4 Europe Life Science Market Size by Application (2015-2021)
8 China
8.1 China Life Science Market Size (2015-2021)
8.2 Life Science Market Key Players in China (2019-2021)
8.3 China Life Science Market Size by Type (2015-2021)
8.4 China Life Science Market Size by Application (2015-2021)
9 Japan
9.1 Japan Life Science Market Size (2015-2021)
9.2 Life Science Market Key Players in Japan (2019-2021)
9.3 Japan Life Science Market Size by Type (2015-2021)
9.4 Japan Life Science Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Life Science Market Size (2015-2021)
10.2 Life Science Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Life Science Market Size by Type (2015-2021)
10.4 Southeast Asia Life Science Market Size by Application (2015-2021)
11 India
11.1 India Life Science Market Size (2015-2021)
11.2 Life Science Market Key Players in India (2019-2021)
11.3 India Life Science Market Size by Type (2015-2021)
11.4 India Life Science Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Life Science Market Size (2015-2021)
12.2 Life Science Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Life Science Market Size by Type (2015-2021)
12.4 Central & South America Life Science Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Life Science Market Introduction
13.4 Life Science Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Life Science Market Key Market Segments
Table 2. Key Players Covered: Ranking by Life Science Market Revenue
Table 3. Ranking of Global Top Life Science Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Life Science Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Life Science Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Life Science Market Players to Combat Covid-19 Impact
Table 10. Global Life Science Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Life Science Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Life Science Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Life Science Market Share by Regions (2015-2021)
Table 14. Global Life Science Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Life Science Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Life Science Market Growth Strategy
Table 20. Main Points Interviewed from Key Life Science Market Players
Table 21. Global Life Science Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Life Science Market Share by Players (2015-2021)
Table 23. Global Top Life Science Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Life Science Market as of 2019)
Table 24. Global Life Science Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Life Science Market Product Solution and Service
Table 27. Date of entering into Life Science Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Life Science Market Size by Type (2015-2021) (Million US$)
Table 30. Global Life Science Market Size Share by Type (2015-2021)
Table 31. Global Life Science Market Revenue Market Share by Type (2021-2027)
Table 31. Global Life Science Market Size Share by Application (2015-2021)
Table 33. Global Life Science Market Size by Application (2015-2021) (Million US$)
Table 34. Global Life Science Market Size Share by Application (2021-2027)
Table 35. North America Key Players Life Science Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Life Science Market Share (2019-2021)
Table 37. North America Life Science Market Size by Type (2015-2021) (Million US$)
Table 38. North America Life Science Market Share by Type (2015-2021)
Table 39. North America Life Science Market Size by Application (2015-2021) (Million US$)
Table 40. North America Life Science Market Share by Application (2015-2021)
Table 41. Europe Key Players Life Science Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Life Science Market Share (2019-2021)
Table 43. Europe Life Science Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Life Science Market Share by Type (2015-2021)
Table 45. Europe Life Science Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Life Science Market Share by Application (2015-2021)
Table 47. China Key Players Life Science Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Life Science Market Share (2019-2021)
Table 49. China Life Science Market Size by Type (2015-2021) (Million US$)
Table 50. China Life Science Market Share by Type (2015-2021)
Table 51. China Life Science Market Size by Application (2015-2021) (Million US$)
Table 52. China Life Science Market Share by Application (2015-2021)
Table 53. Japan Key Players Life Science Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Life Science Market Share (2019-2021)
Table 55. Japan Life Science Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Life Science Market Share by Type (2015-2021)
Table 57. Japan Life Science Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Life Science Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Life Science Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Life Science Market Share (2019-2021)
Table 61. Southeast Asia Life Science Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Life Science Market Share by Type (2015-2021)
Table 63. Southeast Asia Life Science Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Life Science Market Share by Application (2015-2021)
Table 65. India Key Players Life Science Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Life Science Market Share (2019-2021)
Table 67. India Life Science Market Size by Type (2015-2021) (Million US$)
Table 68. India Life Science Market Share by Type (2015-2021)
Table 69. India Life Science Market Size by Application (2015-2021) (Million US$)
Table 70. India Life Science Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Life Science Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Life Science Market Share (2019-2021)
Table 73. Central & South America Life Science Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Life Science Market Share by Type (2015-2021)
Table 75. Central & South America Life Science Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Life Science Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Life Science Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Life Science Market Share by Type: 2021 VS 2027
Figure 2. Global Life Science Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Life Science Market Report Years Considered
Figure 8. Global Life Science Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Life Science Market Share by Regions: 2021 VS 2027
Figure 10. Global Life Science Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Life Science Market Share by Players in 2019
Figure 13. Global Top Life Science Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Life Science Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Life Science Market Revenue in 2019
Figure 15. North America Life Science Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Life Science Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Life Science Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Life Science Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Life Science Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Life Science Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Life Science Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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