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Global Life Sciences BPO Market Size study, By Product Type (Pharmaceutical outsourcing, Medical devices outsourcing, Contract sales and marketing outsourcing, Others), and Regional Forecasts 2022-2028

  • BIZ4983457
  • 200 Pages
  • July 2022
  • Healthcare
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Global Life Sciences BPO Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Life sciences business process outsourcing (BPO) is a delegation of one or more IT-intensive business processes to an external provider for managing and administrating the selected processes based on defined and measurable performance metrics. Life sciences BPO provides a wide range of services in R&D, drug registration, and product launch through a third-party provider. The growing trend of outsourcing employed by pharma and medical device companies, the growth of the pharmaceutical industry, coupled with the increasing number of clinical studies are the primary factors burgeoning the market growth across the globe. For instance, according to Statista analysis, in 2018, the worldwide pharmaceutical sector generated a revenue of USD 1204.8 billion. Also, the amount reached 1423.5 in 2021, which is anticipated to progressively grows in the impending years. Thereby, the flourishing development of the pharmaceutical industry is accelerating global market growth. However, limited outsourcing by established companies and data safety concerns impede the growth of the market over the forecast period of 2022-2028. Also, the rising R&D spending on pharmaceutical and medical devices and the growing integration of AI and machine learning (ML) for drug discovery are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Life Sciences BPO Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the rising number of skilled professionals and continuously improving healthcare infrastructure. Whereas, Europe is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the surging demand for technologically advanced drug discovery methods, as well as growth of the pharmaceutical and medical device industry, would create lucrative growth prospects for the Life Sciences BPO Market across the European region.

Major market players included in this report are:

Accenture plc

Atos SE

Boehringer Ingelheim GmbH

Catalent, Inc.

Covance, Inc. (Labcorp)

Genpact Ltd.

ICON plc

Infosys Ltd.

Lonza Group

PAREXEL International Corp.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Pharmaceutical outsourcing

Medical devices outsourcing

Contract sales and marketing outsourcing

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Life Sciences BPO Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Life Sciences BPO Market, by Region, 2020-2028 (USD Million)

1.2.2. Life Sciences BPO Market, by Product Type, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Life Sciences BPO Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Life Sciences BPO Market Dynamics

3.1. Life Sciences BPO Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growth of the pharmaceutical industry

3.1.1.2. Increasing number of clinical studies

3.1.2. Market Challenges

3.1.2.1. Limited outsourcing by established companies

3.1.2.2. Data safety concerns

3.1.3. Market Opportunities

3.1.3.1. Rising R&D spending on pharmaceutical and medical devices

3.1.3.2. Growing integration of AI and machine learning (ML) for drug discovery

Chapter 4. Global Life Sciences BPO Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Life Sciences BPO Market, by Product Type

6.1. Market Snapshot

6.2. Global Life Sciences BPO Market by Product Type, Performance - Potential Analysis

6.3. Global Life Sciences BPO Market Estimates & Forecasts by Product Type, 2018-2028 (USD Million)

6.4. Life Sciences BPO Market, Sub Segment Analysis

6.4.1. Pharmaceutical outsourcing

6.4.2. Medical devices outsourcing

6.4.3. Contract sales and marketing outsourcing

6.4.4. Others

Chapter 7. Global Life Sciences BPO Market, Regional Analysis

7.1. Life Sciences BPO Market, Regional Market Snapshot

7.2. North America Life Sciences BPO Market

7.2.1. U.S. Life Sciences BPO Market

7.2.1.1. Product Type breakdown estimates & forecasts, 2018-2028

7.2.2. Canada Life Sciences BPO Market

7.3. Europe Life Sciences BPO Market Snapshot

7.3.1. U.K. Life Sciences BPO Market

7.3.2. Germany Life Sciences BPO Market

7.3.3. France Life Sciences BPO Market

7.3.4. Spain Life Sciences BPO Market

7.3.5. Italy Life Sciences BPO Market

7.3.6. Rest of Europe Life Sciences BPO Market

7.4. Asia-Pacific Life Sciences BPO Market Snapshot

7.4.1. China Life Sciences BPO Market

7.4.2. India Life Sciences BPO Market

7.4.3. Japan Life Sciences BPO Market

7.4.4. Australia Life Sciences BPO Market

7.4.5. South Korea Life Sciences BPO Market

7.4.6. Rest of Asia Pacific Life Sciences BPO Market

7.5. Latin America Life Sciences BPO Market Snapshot

7.5.1. Brazil Life Sciences BPO Market

7.5.2. Mexico Life Sciences BPO Market

7.6. Rest of The World Life Sciences BPO Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Accenture plc

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Atos SE

8.2.3. Boehringer Ingelheim GmbH

8.2.4. Catalent, Inc.

8.2.5. Covance, Inc. (Labcorp)

8.2.6. Genpact Ltd.

8.2.7. ICON plc

8.2.8. Infosys Ltd.

8.2.9. Lonza Group

8.2.10. PAREXEL International Corp.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Life Sciences BPO Market, report scope

TABLE 2. Global Life Sciences BPO Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Life Sciences BPO Market estimates & forecasts by Product Type 2018-2028 (USD Million)

TABLE 4. Global Life Sciences BPO Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 5. Global Life Sciences BPO Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Life Sciences BPO Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Life Sciences BPO Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Life Sciences BPO Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Life Sciences BPO Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Life Sciences BPO Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Life Sciences BPO Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Life Sciences BPO Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Life Sciences BPO Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. U.S. Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 16. U.S. Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. Canada Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 18. Canada Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. Canada Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. UK Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 21. UK Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. UK Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. Germany Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 24. Germany Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. Germany Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. RoE Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 27. RoE Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. RoE Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. China Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 30. China Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. China Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. India Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 33. India Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. India Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. Japan Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 36. Japan Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. Japan Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. RoAPAC Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 39. RoAPAC Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. RoAPAC Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. Brazil Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 42. Brazil Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. Brazil Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Mexico Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 45. Mexico Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Mexico Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. RoLA Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 48. RoLA Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. RoLA Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. Row Life Sciences BPO Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 51. Row Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. Row Life Sciences BPO Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. List of secondary sources, used in the study of global Life Sciences BPO Market

TABLE 54. List of primary sources, used in the study of global Life Sciences BPO Market

TABLE 55. Years considered for the study

TABLE 56. Exchange rates considered

 
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