Life science is a natural science that studies the nature and operation laws of life and is closely related to human health. With the increasing importance of health, the potential growth momentum of life science is strong. According to Bezius Consulting research shows that the global life science market size will reach 458.828 billion yuan in 2022, and it is predicted that by 2028, the market size will reach 893.503 billion yuan. In the domestic market, the market demand of the life science industry is also growing, and the market demand of China’s life science industry will reach 10.11 billion yuan in 2022. With the introduction of a series of policies such as the “14th Five-Year Plan” Pharmaceutical Industry Development Plan and the “14th Five-Year Plan” Bioeconomy Development Plan “and the continuous breakthrough of new technologies, the domestic life science industry will also usher in a new round of rapid development.

169-10C-120169-10C-120

With the vigorous development of the life science industry, it is also faced with many challenges such as quality, compliance, safety, stability and efficiency. As a global expert in digital transformation in energy management and automation, Schneider Electric believes that digital technology can bring multiple dimensions of value to enterprises, such as lean and efficient, safety and compliance, openness and transparency, and sustainable development. To solve a series of industry pain points such as high cost of compliance inspection, high requirements for product quality uniformity, increasing risk of data leakage, delayed plant construction and poor power quality, is one of the effective “antidote” for the life science industry to reshape core competitiveness.