Global Lifesciences Data Mining and Visualization Market Growth (Status and Outlook) 2018-2023

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Data mining, which is intensively and extensively being utilized by several organizations, is gaining high popularity in the life sciences sector, albeit the degree of essentiality is moderate. Data mining applications have significantly benefitted industries, for example – insurers can detect abuse and fraud, lifesciences companies can make better decisions apropos to customer relationship management, physicians can identify best practices and effective treatment options, and patients are enabled to receive affordable and improved healthcare services. With huge amount of complex data generated by the transactions related to life sciences companies, processing and analyzing this data becomes voluminous by traditional methods. With the help of data mining’s methodology and technology, the process of transforming the complex data into useful information is facilitated.

Revenues from the market for lifesciences data mining and visualization in North America will remain significantly larger than those obtained from the market in all the other regional segments combined. Apart from North America, Europe will also prevail as a lucrative market for lifesciences data mining and visualization market.

According to this study, over the next five years the Lifesciences Data Mining and Visualization market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global revenue market share of key companies in Lifesciences Data Mining and Visualization business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Lifesciences Data Mining and Visualization market by product type, application, key companies and key regions.

This study considers the Lifesciences Data Mining and Visualization value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2013 to 2018, in Section 2.3; and forecast to 2023 in section 10.7.

On Premise

On Demand

Segmentation by application: breakdown data from 2013 to 2018, in Section 2.4; and forecast to 2023 in section 10.8.

Academia

Biotech

Government

Pharmaceuticals

Contract Research Organization (CRO)

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Tableau Software

SAP SE

IBM

SAS Institute

Microsoft

Oracle

TIBCO Software

Information Builders

Dundas Data Visualization

Pentaho

InetSoft Technology

MicroStrategy

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Lifesciences Data Mining and Visualization market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Lifesciences Data Mining and Visualization market by identifying its various subsegments.

Focuses on the key global Lifesciences Data Mining and Visualization players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Lifesciences Data Mining and Visualization with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Lifesciences Data Mining and Visualization submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2018-2023 Global Lifesciences Data Mining and Visualization Market Report (Status and Outlook)

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Lifesciences Data Mining and Visualization Market Size 2013-2023

2.1.2 Lifesciences Data Mining and Visualization Market Size CAGR by Region

2.2 Lifesciences Data Mining and Visualization Segment by Type

2.2.1 On Premise

2.2.2 On Demand

2.2.3 Both

2.3 Lifesciences Data Mining and Visualization Market Size by Type

2.3.1 Global Lifesciences Data Mining and Visualization Market Size Market Share by Type (2013-2018)

2.3.2 Global Lifesciences Data Mining and Visualization Market Size Growth Rate by Type (2013-2018)

2.4 Lifesciences Data Mining and Visualization Segment by Application

2.4.1 Academia

2.4.2 Biotech

2.4.3 Government

2.4.4 Pharmaceuticals

2.4.5 Contract Research Organization (CRO)

2.4.6 Others

2.5 Lifesciences Data Mining and Visualization Market Size by Application

2.5.1 Global Lifesciences Data Mining and Visualization Market Size Market Share by Application (2013-2018)

2.5.2 Global Lifesciences Data Mining and Visualization Market Size Growth Rate by Application (2013-2018)

3 Global Lifesciences Data Mining and Visualization by Players

3.1 Global Lifesciences Data Mining and Visualization Market Size Market Share by Players

3.1.1 Global Lifesciences Data Mining and Visualization Market Size by Players (2016-2018)

3.1.2 Global Lifesciences Data Mining and Visualization Market Size Market Share by Players (2016-2018)

3.2 Global Lifesciences Data Mining and Visualization Key Players Head office and Products Offered

3.3 Market Concentration Rate Analysis

3.3.1 Competition Landscape Analysis

3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)

3.4 New Products and Potential Entrants

3.5 Mergers & Acquisitions, Expansion

4 Lifesciences Data Mining and Visualization by Regions

4.1 Lifesciences Data Mining and Visualization Market Size by Regions

4.2 Americas Lifesciences Data Mining and Visualization Market Size Growth

4.3 APAC Lifesciences Data Mining and Visualization Market Size Growth

4.4 Europe Lifesciences Data Mining and Visualization Market Size Growth

4.5 Middle East & Africa Lifesciences Data Mining and Visualization Market Size Growth

5 Americas

5.1 Americas Lifesciences Data Mining and Visualization Market Size by Countries

5.2 Americas Lifesciences Data Mining and Visualization Market Size by Type

5.3 Americas Lifesciences Data Mining and Visualization Market Size by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Lifesciences Data Mining and Visualization Market Size by Countries

6.2 APAC Lifesciences Data Mining and Visualization Market Size by Type

6.3 APAC Lifesciences Data Mining and Visualization Market Size by Application

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Lifesciences Data Mining and Visualization by Countries

7.2 Europe Lifesciences Data Mining and Visualization Market Size by Type

7.3 Europe Lifesciences Data Mining and Visualization Market Size by Application

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Lifesciences Data Mining and Visualization by Countries

8.2 Middle East & Africa Lifesciences Data Mining and Visualization Market Size by Type

8.3 Middle East & Africa Lifesciences Data Mining and Visualization Market Size by Application

8.4 Egypt

8.5 South Africa

8.6 Israel

8.7 Turkey

8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

9.2 Market Challenges and Impact

9.3 Market Trends

10 Global Lifesciences Data Mining and Visualization Market Forecast

10.1 Global Lifesciences Data Mining and Visualization Market Size Forecast (2018-2023)

10.2 Global Lifesciences Data Mining and Visualization Forecast by Regions

10.2.1 Global Lifesciences Data Mining and Visualization Forecast by Regions (2018-2023)

10.2.2 Americas Market Forecast

10.2.3 APAC Market Forecast

10.2.4 Europe Market Forecast

10.2.5 Middle East & Africa Market Forecast

10.3 Americas Forecast by Countries

10.3.1 United States Market Forecast

10.3.2 Canada Market Forecast

10.3.3 Mexico Market Forecast

10.3.4 Brazil Market Forecast

10.4 APAC Forecast by Countries

10.4.1 China Market Forecast

10.4.2 Japan Market Forecast

10.4.3 Korea Market Forecast

10.4.4 Southeast Asia Market Forecast

10.4.5 India Market Forecast

10.4.6 Australia Market Forecast

10.5 Europe Forecast by Countries

10.5.1 Germany Market Forecast

10.5.2 France Market Forecast

10.5.3 UK Market Forecast

10.5.4 Italy Market Forecast

10.5.5 Russia Market Forecast

10.5.6 Spain Market Forecast

10.6 Middle East & Africa Forecast by Countries

10.6.1 Egypt Market Forecast

10.6.2 South Africa Market Forecast

10.6.3 Israel Market Forecast

10.6.4 Turkey Market Forecast

10.6.5 GCC Countries Market Forecast

10.7 Global Lifesciences Data Mining and Visualization Forecast by Type

10.8 Global Lifesciences Data Mining and Visualization Forecast by Application

11 Key Players Analysis

11.1 Tableau Software

11.1.1 Company Details

11.1.2 Lifesciences Data Mining and Visualization Product Offered

11.1.3 Tableau Software Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.1.4 Main Business Overview

11.1.5 Tableau Software News

11.2 SAP SE

11.2.1 Company Details

11.2.2 Lifesciences Data Mining and Visualization Product Offered

11.2.3 SAP SE Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.2.4 Main Business Overview

11.2.5 SAP SE News

11.3 IBM

11.3.1 Company Details

11.3.2 Lifesciences Data Mining and Visualization Product Offered

11.3.3 IBM Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.3.4 Main Business Overview

11.3.5 IBM News

11.4 SAS Institute

11.4.1 Company Details

11.4.2 Lifesciences Data Mining and Visualization Product Offered

11.4.3 SAS Institute Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.4.4 Main Business Overview

11.4.5 SAS Institute News

11.5 Microsoft

11.5.1 Company Details

11.5.2 Lifesciences Data Mining and Visualization Product Offered

11.5.3 Microsoft Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.5.4 Main Business Overview

11.5.5 Microsoft News

11.6 Oracle

11.6.1 Company Details

11.6.2 Lifesciences Data Mining and Visualization Product Offered

11.6.3 Oracle Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.6.4 Main Business Overview

11.6.5 Oracle News

11.7 TIBCO Software

11.7.1 Company Details

11.7.2 Lifesciences Data Mining and Visualization Product Offered

11.7.3 TIBCO Software Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.7.4 Main Business Overview

11.7.5 TIBCO Software News

11.8 Information Builders

11.8.1 Company Details

11.8.2 Lifesciences Data Mining and Visualization Product Offered

11.8.3 Information Builders Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.8.4 Main Business Overview

11.8.5 Information Builders News

11.9 Dundas Data Visualization

11.9.1 Company Details

11.9.2 Lifesciences Data Mining and Visualization Product Offered

11.9.3 Dundas Data Visualization Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.9.4 Main Business Overview

11.9.5 Dundas Data Visualization News

11.10 Pentaho

11.10.1 Company Details

11.10.2 Lifesciences Data Mining and Visualization Product Offered

11.10.3 Pentaho Lifesciences Data Mining and Visualization Revenue, Gross Margin and Market Share (2016-2018)

11.10.4 Main Business Overview

11.10.5 Pentaho News

11.11 InetSoft Technology

11.12 MicroStrategy

12 Research Findings and Conclusion


1

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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