Top 10 Life Sciences Software Vendors and Market Forecast 2017-2022

Worldwide Life Sciences Applications Market to reach $8.9 billion by 2022, compared with $7.7 billion in 2017 at a compound annual growth rate of 2.9%.

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In 2017, the top 10 Life Sciences software vendors accounted for nearly 51% of the global Life Sciences applications market which grew 21% to approach nearly $7.7 billion in license, maintenance and subscription revenues.

Last year IQVIA was the market leader with 14% market share in license, maintenance and subscription revenues, followed by Veeva Systems, SAP, Medidata Solutions and Microsoft.

We ask the simple question: Who’s buying Life Sciences applications from whom and why? And we provide the answers – supported by decades of research – to our clients around the world. (Sample from our Apps Database)

Exhibit 1 - 2017 Life Sciences Applications Market Shares Split By Top 10 Life Sciences Vendors and Others, %
Exhibit 1 – 2017 Life Sciences Applications Market Shares Split By Top 10 Life Sciences Vendors and Others, %

Through our forecast period, the Life Sciences applications market is expected to reach $8.9 billion by 2022, compared with $7.7 billion in 2017 at a compound annual growth rate of 2.9%.

Exhibit 2: Worldwide Life Sciences Software Market 2017-2022 Forecast, $M
Year 2017 2022 2017-2022 CAGR, %
Total 7769 8942 2.9%

Source: Apps Run The World, January 2019

Top 10 Life Sciences Software vendors

Life Sciences (Pharmaceuticals, medical devices and life technologies) – Clinical trial management, Enterprise Risk, Compliance and Quality Management, Incentive compensation, sales performance management, Financials, HR, Procurement

Compliance, risk management and PLM apps will continue to play a key role in life sciences vertical with CROs assuming more functions previously held by big pharmaceuticals companies, which are wrestling with revenue model changes as drug prices could fluctuate widely with the advent of smart medications in small dosages.

Here are the rankings of the top 10 Life Sciences software vendors in 2017 and their market shares.

Rank Vendor 2016 Life Sciences Apps Revenues, $M 2017 Life Sciences Apps Revenues, $M YoY Growth 2017 Life Sciences Market Share, % Recent Developments
1 IQVIA Subscribe Subscribe 50.3% Subscribe IQVIA continues to leverage its heft in the life sciences with its analytics and rich CRM data, while making inroads into Salesforce’s installed base as an alternative to Veeva.
2 Veeva Systems Inc. Subscribe Subscribe 27.6% Subscribe Unveiled Vault CDMS to streamline clinical data management and accelerate study execution.
3 SAP Subscribe Subscribe 6.4% Subscribe SAP was on track to sign more than 10,000 customers including many listed below for its next-generation ERP S/4HANA by end of 2018 with 40% of the latest additions being considered net new wins for the vendor.
4 Medidata Solutions Subscribe Subscribe 16.5% Subscribe Launched virtual trials to allow patients to participate remotely in drug development trials.
5 Microsoft Subscribe Subscribe 1.1% Subscribe Migrating legacy AX, C5, GP, NAV, and SL to Dynamics 365 for the Cloud remains the top priority for Microsoft’s evolving enterprise apps strategy, whose success will depend on strengthening ties with ISV partners in strategic verticals.
6 Oracle Subscribe Subscribe 3.4% Subscribe Oracle acquired goBalto, which delivers cloud solutions to accelerate clinical trials by streamlining and automating the selection and set up of the best performing clinical research sites to conduct trials.
7 Salesforce Subscribe Subscribe 23.2% Subscribe The recent buy of MuleSoft will be instrumental for Cloud integration, especially in helping customers extend into non-Salesforce systems for key verticals as well as those that Salesforce is still playing catch-up.
8 SAS Institute Subscribe Subscribe 2.7% Subscribe SAS’s analytics strategy revolves around Viya that enables customers to speed decision-making process by turning to artifiicial intelligence for recommendations and instill trust within their machine learning initiatives that come with data privacy protection.
9 ArisGlobal Subscribe Subscribe 62.8% Subscribe Expanding its presence in Germany, China and other countries, ArisGlobal also unveiled LifeSphere Safety – Risk Management, a multi-tenant, cloud-based solution that offers a comprehensive set of data analytics, workflow and reporting tools for end-to-end signal detection and risk management.
10 BioClinica Subscribe Subscribe 15.0% Subscribe Unveiled SMART technology suite with Medical Imaging, Electronic Data Capture (EDC) and Interactive Response Technology (IRT) combined.
Subtotal Subscribe Subscribe 22.2% Subscribe
Other Subscribe Subscribe 19.8% Subscribe
Total Subscribe Subscribe 21.0% Subscribe

Source: Apps Run The World, January, 2019

Custom data cuts related to the Life Sciences Applications market are available:

  • Top 600+ Life Sciences Applications Vendors and Market Forecast 2017-2022
  • 2017 Life Sciences Applications Market By Functional Market (16 Markets)
  • 2017 Life Sciences Applications Market By Country (USA + 45 countries)
  • 2017 Life Sciences Applications Market By Region (Americas, EMEA, APAC)
  • 2017 Life Sciences Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
  • 2017 Life Sciences Applications Market By Customer Size (revenue, employee count, asset)
  • 2017 Life Sciences Applications Market By Channel (Direct vs Direct)
  • 2017 Life Sciences Applications Market By Product

Exhibit 4 shows our projections for the enterprise applications market by vertical segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.

Exhibit 4 - Worldwide Enterprise Applications Market Forecast 2017-2022, By Vertical Industry, $M
Exhibit 4 – Worldwide Enterprise Applications Market Forecast 2017-2022, By Vertical Industry, $M

Life Sciences Software Purchases Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database

On the buyer side, customers are investing in Life Sciences applications based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.

Since 2010, our global team of researchers have been studying the patterns of the latest Life Sciences software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.

Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these Life Sciences customer wins and losses from public and proprietary sources.

The research results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.

Customer Industry Empl. Revenue Country Vendor New Product Function
Dräger Life Sciences 11290 $2.50B Germany Aras Aras PLM Platform Product Lifecycle Management
Lundbeck Life Sciences 5119 $2.62B United States Benefitfocus Benefitfocus Marketplace Employee Benefits Enrollment & Administration Software
Brainlab Life Sciences 1300 $650.0M Germany Box Box Content Management
The University of North Carolina at Pembroke Life Sciences 500 $120.0M United States Ivanti Ivanti IT Service Manager IT Service Management
Ipsen Life Sciences 5400 $2.18B France Kinaxis Kinaxis RapidResponse Supply Chain Concurrent Planning Platform
Santen Pharmaceutical Life Sciences 3805 $225.0M Japan Kinaxis Kinaxis RapidResponse Supply Chain Concurrent Planning Platform
Air Liquide Life Sciences 68000 $16.38B France Medallia Medallia Experience Cloud Customer Experience
Horizon Pharma plc Life Sciences 1010 $1.06B Ireland Medidata Solutions Medidata Clinical Cloud Clinical Trial Management
Santen Pharmaceutical Life Sciences 3805 $225.0M Japan Medidata Solutions Medidata Edge CTMS Clinical trial management system
Alliance Pharma plc Life Sciences 200 $136.6M United Kingdom Microsoft Microsoft Dynamics AX Enterprise Resource Planning
Unilab Life Sciences 6000 $1.10B Philippines NetSuite NetSuite OneWorld Enterprise Resource Planning
Boehringer Ingelheim Life Sciences 50000 $21.14B Germany SAP SAP SuccessFactors Employee Central Human Capital Management
Moderna Therapeutics Life Sciences 600 $910.0M United States SAP SAP S/4 HANA Enterprise Resource Planning
Otsuka Pharmaceuticals Europe Life Sciences 600 $132.0M United Kingdom SAP SAP Business One HANA Enterprise Resource Planning
Otsuka Pharmaceuticals Europe Life Sciences 600 $132.0M United Kingdom SAP SAP Ariba Source-to-Pay Procurement and Supply Chain Cloud
Teva Pharmaceuticals Life Sciences 57000 $22.39B Israel SAP SAP SuccessFactors Employee Central Human Capital Management
EVER Pharma Life Sciences 850 $100.0M Poland Veeva Systems Veeva CRM Customer Relationship Management
Merck & Co Life Sciences 69000 $40.12B United States Veeva Systems Veeva CRM Customer Relationship Management
Santhera Pharmaceuticals Life Sciences 106 $23.0M Switzerland Veeva Systems Veeva CRM Customer Relationship Management
3M Life Sciences 91000 $31.70B United States Workday Workday HCM Human Capital Management
Roche Life Sciences 91700 $48.42B Switzerland Adobe Systems Adobe Experience Manager Web Content Management
Excellims Life Sciences 55 $6.0M United States Autodesk Autodesk Fusion Lifecycle Cloud Product Lifecycle Management
Rotech Healthcare Life Sciences 4000 $500.0M United States Descartes Systems Descartes Route Planning and Fleet Scheduling Route Planning and Fleet Scheduling
Medical Alert Life Sciences 100 $10.0M United States Five9 Five9 Cloud Customer Service and Support
MedicAlert Foundation Life Sciences 130 $60.0M United States Five9 Five9 Cloud Customer Service and Support
AstraZeneca Life Sciences 50000 $24.71B United States Genesys Genesys Customer Experience Platform Customer Experience Platform
23andMe Life Sciences 305 $85.0M United States Host Analytics Host Analytics Cloud EPM Suite Enterprise Performance Management
Relypsa Life Sciences 400 $90.0M United States Host Analytics Host Analytics Cloud EPM Suite Enterprise Performance Management
Allergan Plc Life Sciences 31200 $15.07B Ireland IBM IBM Kenexa BrassRing Applicant Tracking Systems
Eli Lilly and Company Life sciences 41275 $19.96B United States Interactive Intelligence PureCloud Customer Engagement Platform
Asahi Kasei Life Sciences 29127 $18.50B Japan JDA Software Group JDA Supply Chain Software Supply Chain Management
Comprehensive Pharmacy Services Life Sciences 2000 $250.0M United States Kronos Kronos Workforce Central Human Capital Management, Workforce Management
TCI – Tokyo Chemical Industry Life Sciences 1500 $1.00B Japan Manhattan Associates Manhattan SCALE Warehouse Management System
Karyopharm Therapeutics Life Sciences 200 $20.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
LabAnswer Life Sciences 250 $30.0M United States Microsoft Microsoft Project Online Project Portfolio Management
LANXESS Life Sciences 16200 $9.02B Germany Microsoft Microsoft Dynamics CRM Customer Relationship Management
Shimadzu Scientific Instruments Inc Life Sciences 500 $50.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
Stryker Life Sciences 33000 $12.00B United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
Synteract Life Sciences 710 $175.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
Synthetic Genomics, Inc. Life Sciences 200 $20.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
Vital Pharmaceuticals Life Sciences 200 $20.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
23andMe Life Sciences 305 $85.0M United States NetSuite NetSuite OneWorld Enterprise Resource Planning
Applied Biosystems Life Sciences 200 $18.0M United States Oracle Oracle Service Cloud (ex RightNow) Customer Experience Platform
Boehringer Ingelheim Life Sciences 50000 $21.14B Germany Oracle Oracle Talent Acquisition Cloud Talent Acquisition
Pfizer Life Sciences 78300 $48.85B United States Oracle Oracle Siebel Customer Relationship Management
Smiths Medical Life Sciences 7500 $2.90B United States Oracle Oracle Agile PLM Product Lifecycle Management
Thermo Fisher Scientific Life Sciences 51000 $17.00B United States Oracle Oracle Service Cloud (ex RightNow) Customer Experience Platform
Servier Life Sciences 21400 $4.30B Russia QuintilesIMS QuintilesIMS Nexxus Mobile Intelligence CRM Multichannel CRM
UCB Life Sciences 7500 $4.20B Belgium QuintilesIMS QuintilesIMS Nexxus Application Suite Suite for Healthcare and Life Sciences
Air Liquide Life Sciences 68000 $16.38B France Salesforce Salesforce Service Cloud Customer Service Software
Air Liquide Life Sciences 68000 $16.38B France Salesforce Salesforce Marketing Cloud Marketing Automation
Air Liquide Life Sciences 68000 $16.38B France Salesforce Salesforce CRM Customer Relationship Management
Alere Life Sciences 17400 $4.00B United States Salesforce Service Cloud Customer Service and Support
Beckman Coulter Life sciences 12000 $3.66B United States Salesforce Service Cloud Customer Service and Support
Cardinal Health Life Sciences 32500 $121.50B United States Salesforce Service Cloud Customer Service and Support
Carestream Life sciences 8100 $2.40B United States Salesforce Service Cloud Customer Service and Support
Genentech Life Sciences 13720 $4.25B United States Salesforce Service Cloud Customer Service and Support
HHS.gov Life Sciences 79540 $33.70B United States Salesforce Service Cloud Customer Service and Support
Hospira Life Sciences 16000 $4.64B United States Salesforce Service Cloud Customer Service and Support
Mindray Life Sciences 7500 $1.30B China Salesforce Service Cloud Customer Service and Support
Pfizer Life Sciences 78300 $48.85B United States Salesforce Service Cloud Customer Service and Support
23andMe Life Sciences 305 $85.0M United States SAP SAP Concur Travel & Expense
Alkaloid Life Sciences 1600 $113.0M Macedonia SAP SAP ERP ECC 6.0 Enterprise Resource Planning
Allergan Plc Life Sciences 31200 $15.07B Ireland SAP SAP SuccessFactors Employee Central Human Capital Management
Applied Medical Life Sciences 2200 $900.0M United States SAP SAP Product Lifecycle Management Product Lifecycle Management
Eastman Chemical Company Life Sciences 15000 $9.65B United States SAP SAP S/4 HANA Enterprise Resource Planning
Eastman Chemical Company Life Sciences 15000 $9.65B United States SAP SAP Digital Boardroom Digital Boardroom
Lubrizol Life Sciences 9000 $7.00B United States SAP SAP BusinessObjects Business Intelligence Software‎
Moderna Therapeutics Life Sciences 600 $910.0M United States SAP SAP SuccessFactors Learning Learning management system
Moderna Therapeutics Life Sciences 600 $910.0M United States SAP SAP Concur Travel & Expense
Moderna Therapeutics Life Sciences 600 $910.0M United States SAP SAP BusinessObjects Business Intelligence Software‎
Pfizer Life Sciences 78300 $48.85B United States SAP SAP Portfolio and Project Management Project Portfolio Management
Roche Life Sciences 91700 $48.42B Switzerland SAP SAP Treasury and Risk Management Treasury and Risk Management
Seqirus UK Life Sciences 2000 $200.0M United Kingdom SAP SAP S/4 HANA Enterprise Resource Planning
Sigma-Aldrich Life Sciences 9600 $2.79B United States SAP SAP Treasury and Risk Management Treasury and Risk Management
Teva Pharmaceuticals Life Sciences 57000 $22.39B Israel SAP SAP SuccessFactors Performance & Goals Performance & Goals Management
Teva Pharmaceuticals Life Sciences 57000 $22.39B Israel SAP SAP SuccessFactors Talent Solutions Recruiting, Onboarding, Learning, Performance and Goals, Compensation, Succession and Development
Adama Brasil Life Sciences 4500 $3.08B Israel SDL SDL Web Experience Management solutions Web Experience Management solutions
Waters Life Sciences 6500 $2.04B United States SDL SDL Knowledge Center Content Management
Edwards Lifesciences Life Sciences 9800 $2.60B United States Skillsoft SumTotal Learn Learning Management System
23andMe Life Sciences 305 $85.0M United States Workday Workday HCM Human Capital Management
DuPont Life Sciences 52000 $25.27B United States Workday Workday HCM Human Capital Management

Source: Apps Run The World, January 2019

Further Readings

An expanded version of this report covers the top 600+ Life Sciences Software Vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares (SCORES) within their respective space. We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.

More Enterprise Applications Research Findings

Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2015-2017 product revenues.

Their 2017 results are being broken down, sorted and ranked across 16 functional areas (from Analytics to Treasury and Risk Management) and by 21 vertical industries (from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market. We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.

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