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Global Life Sciences IT Market Opportunities and Strategies to 2035 | Capitalize on AI, Cloud and Bioinformatics as IQVIA, Oracle, Accenture, Veeva Systems and SAP Target $82.24B
AI, cloud, and bioinformatics drive a $82.24B life sciences IT market opportunity to 2035.
Context
What happened: ResearchAndMarkets.com added a report, "Life Sciences IT Global Market Opportunities and Strategies to 2035," covering historic 2020 to 2025 data and forecasts through 2030 and 2035.
Key numbers: Market reached about $29.14 billion in 2025, a 12.1% CAGR since 2020.
Why it matters: The report attributes historic growth to rising pharmaceutical R&D spending, precision medicine and genomics research, more clinical trials and drug safety monitoring, while citing data privacy concerns and high
Market: +0.7% today ($214.96), -16.6% YTD, 1.0x vol — as of 23:45 UTC
What changed
ResearchAndMarkets.com added a report, "Life Sciences IT Global Market Opportunities and Strategies to 2035," covering historic 2020 to 2025 data and forecasts through 2030 and 2035.
Why it matters
The report attributes historic growth to rising pharmaceutical R&D spending, precision medicine and genomics research, more clinical trials and drug safety monitoring, while citing data privacy concerns and high
Market: +0.7% today ($214.96), -16.6% YTD, 1.0x vol — as of 23:45 UTC