Projections Indicate Life Sciences Market Will Double by 2025

The life science analytics market, which includes services and software, could reach a worth of $42.0 billion by 2025 (doubling that of 2020), at a compound annual growth rate (CAGR) of 13.7% between 2020–2025. This growth will be driven by big data, technological advancements, increased adoption of analytics solutions in clinical trials, and the need for data standardization, among others.

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Image courtesy of Bill Oxford.

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Opportunities for Investment

Anthropologist & User Experience Designer. I write about science and technology. Robot whisperer. VR enthusiast. Gamer. @yisela_at www.yisela.com

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