LIFE SCIENCES BPO MARKET ANALYSIS

Life Sciences BPO Market, By Service Type (Pharmaceutical outsourcing and Medical devices outsourcing), By End User (Pharmaceutical Companies, Biotechnology Companies, Contract Research Organizations, Medical Device Companies, Academic Institutes & Government Organizations), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

In February 2024, Accenture's, a multinational professional services company, life sciences division had grown because to its acquisition of ConcentricLife, a well-known healthcare marketing firm, in late 2023. Accenture Song, the biggest digital agency globally, has integrated 270 specialists from ConcentricLife through a tuck-in acquisition. Accenture will now be able to provide full life sciences commercial services, from strategy and execution to operations. With a competitive market driven by complex regulations and increasing disease prevalence, its strategic expansion strives to address the changing needs of patients and healthcare professionals.

In December 2021, IQVIA, a global leader in advanced analytics, technology solutions, and clinical research services for the life sciences industry, had been recognized as a Leader in the Worldwide Life Science Sales and Marketing Business Process Outsourcing (BPO) Pharma space by International Data Corporation (IDC). This designation reflects IQVIA's commitment to providing real-world solutions and enabling pharmaceutical companies to achieve improved outcomes, growth, and productivity through its BPO offerings.