DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/pjpfd2/global_life) has announced the addition of the"Global Life Sciences Software Market Report"report to their offering.
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The analysts forecast the Global Life Sciences Software market to grow at a CAGR of 9.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased need for storing and effectively using patient information. The Global Life Sciences Software market has also been witnessing the emergence of SaaS-based solutions. However, the high cost of implementation could pose a challenge to the growth of this market.
The report, Global Life Sciences Software market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Life Sciences Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The emergence of SaaS-basedlife sciencessolutions has enabled organizations to increase their efficiency and reduce the cost of deploying valuable IT infrastructure. However, organizations are still analyzing the feasibility and relevance of cloud computing solutions in their IT operations. The SaaS-based model for life sciences solutions offers a pay-per-use model, along with a one-time fee for software installation, maintenance, upgrades, and lifetime support.
Hence, the Global Life Sciences Software market is witnessing a trend where vendors have begun to offer their solutions through the SaaS-based model to expand their services and enter new markets. In addition, life sciences solutions are becoming increasingly popular since they enable organizations to securely store, access, and maintain patient records, images, text, and data. This in turn is increasing the adoption of SaaS-based solutions during the forecast period.
According to the report, one of the major drivers in the market is the increasing need for storage and effective usage of patient information to improve healthcare services. There has been a tremendous increase in the data generated in the Life Sciences sector over the years. In this regard, digital systems have played a major role in the effective management of these data, thereby enabling the Life Sciences sector to evolve to a large extent. Healthcare records and patient data are increasingly being converted to an electronic format since healthcare providers seek to use such data securely and with ease.
Further, the report states that one of the major challenges is the high cost of implementation. The deployment of life sciences solutions is an expensive process since it involves defining organizational requirements.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
5. Introduction
6. Market Landscape
7. Geographical Segmentation
8. Key Leading Countries
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
Companies Mentioned:
- AccelrysInc.
- Cegedim SA
- Medidata Solutions Inc.
- Oracle Corp.
- SAP AG
- SAS Institute Inc.
- CambridgeSoft Corp.
- Model N Inc.
- Perceptive Informatics Inc.
- PTC Therapeutics Inc.
- Revitas Inc.
- TIBCO Software Inc.
- Veeva Systems Inc.
For more information visithttp://www.researchandmarkets.com/research/pjpfd2/global_life
Media Contact:Laura Wood , +353-1-481-1716, press@researchandmarkets.net
