Global Pharma PLM
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016
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Report
Description
Report Description
Product Lifecycle Management (PLM) is basically used to maximise the revenue
generating capacity of pharmaceuticals companies, especially at the maturity stage of the
product and also at its early stage. Pharmaceutical companies are using various PLM
strategies ranging from new combination of drugs, reformulations, expanded indication
ranges, and it also includes the use of alliances, mergers and acquisitions and licensing. A
PLM solutions also helps in increasing the productivity of a system by providing
methodologies and various tools to reduce redundancies. Also nowadays the PLM
vendors have started providing customized PLM solutions as per the requirements of the
enterprises. Oracle is offering a tailored PLM package to pharmaceutical companies that
can help their clients to shorten their time to market, simplify business networks and
reduce their operating costs. This package simplifies analysis of materials, suppliers, and
supports processes to scale up production volume. Previously PLM was used to manage
equipment reservations, material allocations, and recipe variations at the time of clinical
trials, use of PLM for these tasks shortens the time. The global pharma PLM market is
anticipated to expand at a modest CAGR during the forecast period.
Global Pharma PLM Market – Drivers and Restrains
The increasing need for productivity enhancement, product innovation and reduction in
operational cost are the key driving factors for the global pharma PLM market. The
growing reduction in budget, global competition and rising commercial slowdown in
pharmaceutical industries are expected to bolster the global pharma PLM market in the
forecast period.
Report
Description
Report Description
The non-traditional sectors such as retail, consumer goods, pharmaceuticals and medical
devices have started using PLM solution to increase their production efficiency which has
further contributed in the growth of global pharma PLM market.
However, there are some challenges faced by PLM market such as different product
versions are having low interoperability, data modes, competitive products, data formats
and databases etc, these factors can act as a barrier in the growth of global pharma PLM
market. Also the high initial cost and the technical manpower required to handle these
solutions can prove to be a drawback for global pharma PLM market.
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Global Pharma PLM Market – Segmentation
On the basis of product type, the global pharma PLM market can be segmented as
follows:
Seroquel
Seretide
Plavix
Lipitor
Report
Description
Report Description
On the basis of applications, the global pharma PLM market can be segmented as
follows:
Marketing
Sales
Production
Global Pharma PLM Market – Regional Outlook
The global pharma PLM market can be divided into seven regions, namely North America,
Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and
Africa. North America is expected to be the leader in the global pharma PLM market
owing to the established and ever increasing pharmaceutical companies in this region.
Mostly the growth is seen in US for the pharma PLM market due to the familiarity with
this technology of the pharmaceutical manufacturers. Asia Pacific is anticipated to be the
second largest contributor in the global pharma PLM market due to the flourishing
pharmaceutical industry in the countries like India and China in this region. Europe is the
next emerging market in the global pharma PLM market due to its low temperature
conditions in most of its countries because of which pharma companies are setting up in
this region. Latin America is also witnessing a healthy CAGR in the global pharma PLM
market from the past few years. Middle East and Africa is at a nascent stage in the global
pharma PLM market but is projected to have a considerable CAGR in the forecast period.
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Report
Description
Report Description
Global Pharma PLM Market – Key Players
Some of the key players in the global pharma PLM market are as follows:
Siemens AG
SAP SE
PTC, Inc.
Hewlett-Packard Company
Dassault Systems
Autodesk, Inc.
Atos SE
Aras Corporation
Accenture PLC
The research report presents a comprehensive assessment of the market and contains
thoughtful insights, facts, historical data, and statistically supported and industryvalidated market data. It also contains projections using a suitable set of assumptions and
methodologies. The research report provides analysis and information according to
market segments such as geography, technology and applications.
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