Knowledge Management in Pharmaceutical Market Definition
Knowledge management in pharmaceutical consists of identifying the store, sharing, and reusing their own data, external information, and especially the knowledge within the pharmaceutical industry and experience of employees. Knowledge management is a systematic approach to acquiring, storing, and disseminating information regarding the pharmaceutical industry including the product information, manufacturing process, and components. It is important in the pharmaceutical industry to boost the efficiency of the companies, ensuring the access of employees to the overall expertise and also a smarter workforce for the overall efficiency of the pharmaceutical companies.
The market study is broken down, by Application (Medical Biotechnology, Animal Biotechnology, Agricultural Biotechnology, Environmental Biotechnology and Forensic Biotechnology) and major geographies with country level splits.
Oracle Corporation (United States), IBM (United States), SAP SE (Germany), Lucidea (Canada), Bloomfire (United States), Knosys (Australia), Clinerion Ltd. (Switzerland), ProProfs (United States) and Semedy, Inc. (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Knowledge Management in Pharmaceutical market by Type, Application and Region.
On the basis of geography, the market of Knowledge Management in Pharmaceutical has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Software will boost the Knowledge Management in Pharmaceutical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Andriod will boost the Knowledge Management in Pharmaceutical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by System, the sub-segment i.e. Feedback Database will boost the Knowledge Management in Pharmaceutical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 15th November 2019, Clinerion announced the partnership with Semedy to incorporate Semedy’s Clinical Knowledge Management System technology into Clinerion’s Patient Network Explorer. The various terminologies will be mapped to commonly used ones such as ICD10, ATC, SNOMED and LOINC. The resulting integration will enable scalable information exchange, semantic interoperability, and advanced analytics. This complements Clinerion’s pre-existing proprietary patent-protected Ontology Management System by providing a system for managing and mapping the database of terminologies and ontologies powering Patient Network Explorer as Clinerion’s network of partner institutions continues to expand.
- Increasing Demand for Knowledge Management in Pharmaceutical for Drug Discovery and Research
- The Need for the Accumulating, Storing and Sharing Knowledge in the Pharmaceutical Operations
- Increasing Demand for the Efficiency in Pharmaceutical Industry
- Growing Demand for Knowledge Management in Pharmaceutical With the Rising Need for Vaccine for COVID-19
- The requirement of Skilled Professional for Knowledge Management
- Dependency on Knowledge Contributors
- Competition in Knowledge Management in the Pharmaceutical Market
Key Target AudienceKnowledge Management Industry Associations, Pharmaceutical Industries, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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