Market Vista™: Industry Insights – Life Sciences
Market Report

20 Dec 2023
by Hrishi Raj Agarwalla, Durga Ambati, Monalisa Modi, Ravi Joshi

Our Life Sciences Global Sourcing Adoption Trends report presents fact-based data and analysis on key trends and developments in global outsourcing for the life sciences industry. The report examines key developments in offshore locations leveraged for service delivery, the level of offshore/nearshore penetration and sourcing mix, global sourcing maturity, and emerging themes in the industry. Additionally, it identifies opportunities, implications, and challenges for providers and enterprises in the next normal.

Scope

  • Industry: life sciences
  • Geography: global

Contents

In this report, we examine:

  • Key global sourcing trends in the life sciences industry
  • Value chain processes employed in the life sciences industry
  • Leading offshore locations leveraged for service delivery
  • Offshore penetration and sourcing mix across key functions, including life sciences operations, corporate functions (Finance and Accounting (F&A), HR, and procurement), and digital services such as analytics, automation, AI/ML, cloud, Internet of Things (IoT), and blockchain
  • Global sourcing maturity across key functions, including life sciences operations, IT services, digital services, and corporate functions
  • Emerging themes in the life sciences industry, including the transition to a greener future, navigating ESG and sustainability considerations, expanding provider portfolios, addressing talent challenges, and adopting next-generation technologies

Membership(s)

Market Vista™

Sourcing and Vendor Management

 

Page Count: 50