#Laboratory Informatics Market Forecast

[mi-researchreports]

The Global Laboratory Informatics Market is expected to reach USD 3.53 billion in 2023 and grow at a CAGR of 8.31% to reach USD 5.33 billion by 2028. Agilent Technologies, Cerner Corporation, McKesson Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories (Abbott Informatics Corporation) are the major companies.

[walkingghotst]

Europe Laboratory Information System (LIS) Market Key Companies Profile, Supply, Demand and SWOT Analysis (2022-2028)

The Europe laboratory information system (LIS) market in is expected to grow from US$ 244.03 million in 2022 to US$ 431.39 million by 2028. It is estimated to grow at a CAGR of 10.0% from 2022 to 2028.

Europe Laboratory Information System (LIS) Market Players

The laboratory information system (LIS) market players are actively pursuing innovative solutions to strengthen their market presence amidst intense competition. For instance, in March 2021, Autoscribe Informatics unveiled an updated version of its Regulated Manufacturing LIMS. This configured solution, built upon the Matrix Gemini LIS solution, is designed for all manufacturing organizations, including highly regulated industries such as medical devices and pharmaceuticals. This web-enabled version aims to improve the user experience, offering both enhanced visual appeal and increased flexibility in user setup, dashboards, reports, and other components crucial for SoftBank users. The software provides a cohesive, integrated platform with a single user interface, along with configurable workflows, the ability to automate routine tasks, and robust data exchange tools. In a related move, in July 2021, LabVantage Solutions, Inc. launched a new edition of its flagship LabVantage LIMS. The LabVantage LIS 8.7 portal features systems for managing laboratory data security, while also providing self-service access to external customers.

Laboratory Information System (LIS) Market Overview

The Europe laboratory information system (LIS) market is geographically segmented to include Germany, the UK, France, Italy, Spain, and the Rest of Europe. Europe occupies a significant position in the global laboratory information management systems market and is expected to record robust growth throughout the forecast period. This growth is primarily driven by increasing R&D expenditure, the rapid expansion of pharmaceutical companies, and the rising adoption of information technology solutions for clinical decision support, all of which will fuel market expansion. Furthermore, the market for laboratory information systems is poised for growth due to ongoing advancements within the healthcare sector. Germany is the largest market for medical technology in the European region. According to Germany Trade & Invest in 2019, the German Medical Technology Industry generated €33.4 billion in sales (domestic and exports) and committed a substantial 9% of its annual turnover to R&D expenses.

Europe Laboratory Information System (LIS) Market Segmentation

The Europe laboratory information system (LIS) market is meticulously segmented by product, delivery mode, component, end user, and country.

Based on product, the market is bifurcated into standalone LIS and integrated LIS. The standalone LIS segment held the larger market share in 2022.

By delivery mode, the market is segmented into cloud-based delivery mode, web-based delivery mode, and on-premises delivery mode. The cloud-based delivery mode segment held the largest market share in 2022.

In terms of component, the market is segmented into software and services. The software segment held the larger market share in 2022.

Regarding end user, the market is segmented into hospital labs, independent labs, and physician office labs. The hospital labs segment commanded the largest market share in 2022.

Finally, by country, the market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Germany dominated the market share in 2022.

Key industry players in the laboratory information system (LIS) market in the region include AAC Infotray AG, CompuGroup Medical, Illumina, Inc., LabLynx, Inc., LabVantage Solutions, Inc., McKESSON CORPORATION, and Thermo Fisher Scientific Inc.

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[meditechinsight01]

Laboratory Information Management Systems Market: 8-10% CAGR and the Digital Future by 2029

The global laboratory information management systems (LIMS) market is projected to grow at a CAGR of 8-10% from 2024 to 2029. This growth is driven by the increased demand for automation and regulatory compliance in laboratories across pharmaceuticals, biotechnology, environmental testing, and other industries. As laboratories adopt digital solutions to enhance operational efficiency and data accuracy, LIMS adoption continues to rise. 

The laboratory information management systems (LIMS) market focuses on software solutions that enhance data management, workflow efficiency, and compliance across various laboratory environments. Unlike Laboratory Information Systems (LIS), which are tailored to healthcare and clinical applications, LIMS primarily supports non-clinical settings, including pharmaceuticals, environmental testing, and food and beverage industries.

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Rising Demand for Laboratory Automation and Regulatory Compliance

The rising demand for laboratory automation and regulatory compliance significantly drives the LIMS market. By automating data capture and sample tracking, LIMS enhances data accuracy, minimizes human errors, and speeds up sample processing, which is essential in high-throughput laboratories. Automation allows labs to meet stringent regulatory requirements imposed by agencies such as the FDA, EMA, and other global bodies, which increasingly mandate digital record-keeping and audit trails. Additionally, the shift toward cloud-based LIMS solutions offers laboratories scalable and flexible options, providing secure, compliant data management without the overhead of on-premises infrastructure. This enables laboratories to meet regulatory standards while achieving cost-effective, efficient digital transformation.

Key Challenges in Laboratory Information Management Systems: Data Integration and Security Concerns

The LIMS market faces several key challenges, such as data integration with other systems like electronic lab notebooks (ELNs) and enterprise resource planning (ERP) systems, especially in environments using legacy software. Additionally, data privacy and security concerns are significant, as labs manage sensitive data that require robust encryption and access control measures. The high initial setup costs for LIMS can also pose a barrier, especially for smaller laboratories. Overcoming these challenges is essential to optimize LIMS' value in laboratory environments.

Competitive Landscape Analysis

Key players in the LIMS market, including Thermo Fisher Scientific, LabWare, LabVantage Solutions, STARLIMS, Agilent Technologies, Dassault, CloudLIMS, Lablynx, Labworks, and Autoscribe Informatics, are investing in technology upgrades, expanding product portfolios, and forming strategic partnerships to maintain their market position. Increasing focus on cloud-based solutions and AI-enhanced data analysis capabilities aim to make LIMS more adaptable, efficient, and scalable for various laboratory needs.

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Market Segmentation

This report by Medi-Tech Insights provides the size of the global laboratory information management systems market at the regional- and country-level from 2022 to 2029. The report further segments the market based on component, deployment model, and end user.

Market Size & Forecast (2022-2029), By Component, USD Billion

Software

Services

Market Size & Forecast (2022-2029), By Deployment Mode, USD Billion

On-premise

Cloud-based/Web-hosted

Hybrid

Market Size & Forecast (2022-2029), By End User, USD Billion

Pharmaceutical and Biotechnology Companies

Contract Research Laboratories (CROs)

Food and Beverage Companies

Environmental Testing Laboratories

Others

Market Size & Forecast (2022-2029), By Region, USD Billion

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

India

Japan

Rest of Asia Pacific

Latin America

Middle East & Africa

About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

Contact:

Ruta Halde Associate, Medi-Tech Insights  +32 498 86 80 79  info@meditechinsights.com 

[healthcaremarketanalysis]

The Future of Laboratory Informatics: Growth, Challenges, and Opportunities

The laboratory informatics market is experiencing significant growth, driven by technological advancements and the increasing need for efficient data management in laboratories. Key players in this market include Thermo Fisher Scientific Inc., LabVantage Solutions Inc., LabWare, STARLIMS Corporation, Agilent Technologies, and Waters Corporation. These companies offer a range of solutions such as Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), and Scientific Data Management Systems (SDMS) to cater to various industries including pharmaceuticals, biotechnology, and environmental testing.

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The market is projected to reach USD 8.7 billion by 2029, growing at a CAGR of 10.4% from 2024 to 2029. This growth is attributed to factors such as the increasing adoption of cloud-based models, which reduce ownership costs and enhance data accessibility. For instance, in December 2023, Revvity, Inc. launched the Signals Research Suite, a unified, cloud-based SaaS platform that streamlines the drug development process.

North America holds a significant share of the laboratory informatics market, driven by high per-capita healthcare expenditure, technological advancements, and a competitive environment fostering innovation. The region's growth is also supported by increased government funding for research and the presence of major pharmaceutical companies.

In contrast, the Asia Pacific region is expected to register the highest market growth during the forecast period. This surge is due to the development of research laboratory infrastructure, government initiatives promoting digital solutions, and significant investments in healthcare and life sciences sectors in countries like China, India, and Japan.

Despite the promising growth, the market faces challenges such as high implementation and maintenance costs, particularly for small and mid-sized laboratories. Additionally, data security and privacy concerns, along with integration challenges with existing laboratory instruments and data management systems, pose significant hurdles.

Opportunities in the market include the rising demand for real-time data analytics and the integration of artificial intelligence (AI) and machine learning (ML) to enhance data analysis and decision-making processes. The shift towards precision medicine and personalized healthcare also necessitates advanced laboratory informatics solutions capable of handling complex and diverse data sets.

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In conclusion, the laboratory informatics market is poised for substantial growth, driven by technological innovations and the increasing need for efficient data management solutions across various industries. Stakeholders are encouraged to invest in scalable, secure, and integrated informatics solutions to stay competitive in this evolving landscape.

[industrynewsupdates]

Healthcare Information System Market Key Players, Revenue And Growth Rate

The global healthcare information system market is anticipated to reach USD 1,095.46 billion by 2030 and is expected to expand at a CAGR of 13.32% during the forecast period, according to a new report by Grand View Research, Inc. Government initiatives have boosted the market by accelerating the adoption of hospital IT systems in various healthcare centers and institutions. The need for developing integrated healthcare systems is increasing due to a rise in the geriatric population, chronic disease burden, and high healthcare expenditure.

Adoption of EHR is growing significantly since EHR software provides clinicians with access to a patient’s comprehensive medical history. Patient information may be updated in real-time, providing each clinician with an up-to-date and accurate patient file. According to a recent study published by American Academy of Allergy, Asthma & Immunology in November 2022, 89.9% of office-based practices in the U.S. employ EHR & EMR systems.

Growing global healthcare spending is driving the demand for IoT solutions in the healthcare sector. The healthcare industry is transitioning from a fee-for-service model to a value-based model, where treatment outcomes determine reimbursement. Globally, there is increasing pressure to reduce healthcare costs as healthcare expenses outpace economic growth. Patient-centered care management, Population Health Management (PHM), and point-of-care solutions assist providers in cutting down healthcare expenditure and improving outcomes through the development of patient registries and patient portals. These solutions also enable health information exchange and help care providers in remote patient monitoring. Thus, the demand for the development of such software is rising globally.

Gather more insights about the market drivers, restrains and growth of the Healthcare Information System Market

Healthcare Information System Market Report Highlights

• The revenue cycle management segment dominated the market due to the healthcare industry rapidly moving toward digitalization, creating demand for advanced Revenue Cycle Management (RCM) solutions.

• The web-based segment dominated the market owing to web-based healthcare information systems offering unparalleled accessibility, facilitating seamless communication and data sharing among healthcare professionals, patients, & stakeholders.

• The services segment dominated the market due to the emergence of digital health and connected care services has widened the scope for healthcare IT-related services.

• The hospitals and ambulatory services segment dominated the market due to the increase in the adoption of information systems in hospitals to improve clinical, financial, and administrative efficiency.

• North America dominated the market owing to factors such as advanced healthcare infrastructure, increasing demand for healthcare services, and a favorable regulatory environment.

Healthcare Information System Market Segmentation

Grand View Research has segmented the global healthcare information system market based on application, deployment, component, end-use, and region:

Healthcare Information System Application Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital Information System

o Electronic Health Record

o Electronic Medical Record

o Real-time Healthcare

o Patient Engagement Solution

o Population Health Management

• Pharmacy Automation Systems

o Medication Dispensing System

o Packaging & Labeling System

o Storage & Retrieval System

o Automated Medication Compounding System

o Tabletop Tablet Counters

• Laboratory Informatics

• Revenue Cycle Management

• Medical Imaging Information System

o Radiology Information Systems

o Monitoring Analysis Software

o Picture Archiving and Communication Systems

Healthcare Information System Deployment Outlook (Revenue, USD Million, 2018 - 2030)

• Web-based

• On-premises

• Cloud-based

Healthcare Information System Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware

• Software & Systems

• Services

Healthcare Information System End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals & Ambulatory Services

• Diagnostic Centers

• Academic And Research Institutes

Healthcare Information System Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

o Italy

o Spain

o Russia

o Netherlands

o Denmark

o Sweden

o Norway

o Switzerland

o Belgium 

• Asia Pacific

o Japan

o China

o India

o Singapore

o Australia

o South Korea

o Malaysia

o Thailand

o Indonesia

o Philippines

• Latin America

o Brazil

o Argentina

• MEA

o South Africa

o Saudi Arabia

o UAE

o Kuwait

List of Key Players in the Healthcare Information System Market

• McKesson Corporation

• Veradigm LLC

• Medidata (Dassault Systèmes)

• Agfa-Gevaert Group.

• GE HealthCare.

• Siemens Healthineers AG

• NXGN Management, LLC.

• Hewlett Packard Enterprise Development LP

• Koninklijke Philips N.V.

• Oracle

• Epic Systems Corporation.

• eClinicalWorks

• Carestream Health.

• Novarad Corporation

• CompuGroup Medical

• Ada Health GmbH

• SWORD Health

• Siilo from Doctolib

• Greenway Health LLC

• athenahealth, Inc

• Infor

Order a free sample PDF of the Healthcare Information System Market Intelligence Study, published by Grand View Research.

[deshpandeisha]

Introduction to Bioinformatics: Bridging Biology and Technology

The global bioinformatics market size was USD 10.80 Billion in 2022 and is expected to register a revenue CAGR of 13.4% during the forecast period. Growing adoption of bioinformatics in personalized medicine, rapid adoption of biotechnological solutions in agriculture, and ongoing advancements in genomics research are expected to drive revenue growth of the market.

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Competitive Terrain:

The global Bioinformatics industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Thermo Fisher Scientific, Eurofins Scientific, QIAGEN N.V., Agilent Technologies, Illumina Inc, Waters Corporation, DNASTAR, NeoGenomics Laboratories, Perkin Elmer, BGI Group, Fios Genomics, SOPHIA Genomics, DNAnexus, Biomax Informatics, and LatchBio

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Bioinformatics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Bioinformatics market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Bioinformatics market.

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Market Segmentations of the Bioinformatics Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Bioinformatics market on the basis of product, application, and region:

Segments Covered in this report are:

Solution Outlook (Revenue, USD Billion; 2019-2032)

Platform

Sequence Analysis Platforms

Sequence Manufacturing Platforms

Sequence Alignment Platforms

Services

Sequencing

Database Management

Data Analysis

Other

Bio Content Management

Generalized Bio content

Specialized Bio content

Sector Outlook (Revenue, USD Billion; 2019-2032)

Medical Biotechnology

Animal Biotechnology

Environmental Biotechnology

Plant Biotechnology

Others

Application Outlook (Revenue, USD Billion; 2019-2032)

Genomics

Molecular Phylogenetics

Metabolomics

Proteomics

Transcriptomics

Cheminformatics and drug designing

Others

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/bioinformatics-market

Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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[marketprofessional]

Tissue Diagnostics Market Size, Share & Growth by 2033

Tissue Diagnostics Market Overview The Global Tissue Diagnostics Market has seen continuous development in the past couple of years and is anticipated to grow much further during the forecast period. The exploration introduces a total evaluation of the Tissue Diagnostics Market and contains Future patterns, Current Growth Factors, mindful sentiments, certainties, chronicled information, and factually bolstered and industry-approved market information.

According to Straits Research, the global Tissue Diagnostics market size was valued at USD 5185.23 Million in 2022. It is projected to reach from USD XX Million in 2023 to USD 9375.02 Million by 2031, growing at a CAGR of 6.8% during the forecast period (2023–2031).

After identifying promising candidates, they undergo extensive testing and optimization to enhance their effectiveness, safety, and pharmacokinetic properties. This entire process of Tissue Diagnostics Market may take several years and necessitates collaboration between scientists from diverse fields such as chemistry, biology, and pharmacology. Irrespective of the challenges encountered during Tissue Diagnostics Market, it has the potential to revolutionize lives by providing new treatments for various diseases.

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Competitive Analysis The report contains an in-depth analysis of the vendor’s profile, including financial health, business units, key business priorities, SWOT, strategies, and views.

Abbott Laboratories F. Hoffmann-La Roche Ltd Siemens Healthineers bioMerieux Bio SB DiaGenic Enzo Life Sciences, Inc Vitro Sa (Master Diagnóstica) Tissuegnostics Gmbh Abcam Plc Sakura Finetek Japan Co., Ltd Cell Signaling Technology, Inc The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant R&D investments.

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Vendors across different verticals are planning for high investments in this market, and as a result, the market is expected to grow at an impressive rate in the upcoming years. The key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, collaboration & partnerships, joint ventures, and a few other strategies to be in a strong position in the global market.

Market Segmentation Analysis The report provides a wide-ranging evaluation of the market, providing in-depth qualitative insights, historical data, and supportable projections along with the assumptions about the Tissue Diagnostics Market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on the vendor’s portfolio, blogs, white papers, and vendor presentations. Thus, the research report represents every side of the Tissue Diagnostics Market and is segmented on the basis of regional markets, offerings, applications, and end-users.

By Technology IHC {Instruments [Slide Staining Systems, Tissue Microarrays, Tissue Processing Systems, Slide Scanners, Other products], Consumables [Reagents, Antibodies, Kits]} In-Situ Hybridization {Instruments, Consumables, Software} Primary and Special Staining Digital Pathology and Workflow {Whole Slide Imaging, Image Analysis Informatics, Information Management System Storage and Communication} Anatomic Pathology {Instruments [Microtomes and Cryostat microtomes, Tissue processors, Automatic strainers, Other products], Consumables [Reagents and Antibodies, Probes and Kits, Others]} By Applications Breast Cancer Prostate Cancer Gastric Cancer Non-Small Cell Lung Cancer Other Cancers By End-User Hospitals Research Laboratories Pharmaceutical Organizations Contract Research Organizations (CROs) Access Detailed Segmentation @ https://straitsresearch.com/report/tissue-diagnostics-market/segmentation

Regional Analysis for Tissue Diagnostics Market The regional analysis offers a comprehensive view of the Tissue Diagnostics Market sales and growth across global and country-level markets. It provides volume and market size data by region, with insights into growth trends in countries like the United States, Canada, Germany, France, China, Japan, and more. The analysis also covers major regions such as North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Benefits Tissue Diagnostics Market Industry companies to ensure business continuity with powerful protection by constantly checking the report and representing attractive growth opportunities for the companies. Tissue Diagnostics Market handles all the needs of the operators by allowing them to improve their services and concentrate on their core business. Tissue Diagnostics Market Research aims to increase business agility and reduce operational and capital expenditure with improved technology rollouts and capacity planning. The report discusses service types and regions related to this Tissue Diagnostics Market. Further, the report provides details about the major challenges affecting the market growth.

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Other Features of the Report: Provides a thorough analysis of the key strategies with a focus on the corporate structure, R&D methods, localization strategies, production capabilities, sales, and performance in various companies. Provides valuable insights into the product portfolio, including product planning, development, and positioning. Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

About Us: By Technology IHC {Instruments [Slide Staining Systems, Tissue Microarrays, Tissue Processing Systems, Slide Scanners, Other products], Consumables [Reagents, Antibodies, Kits]} In-Situ Hybridization {Instruments, Consumables, Software} Primary and Special Staining Digital Pathology and Workflow {Whole Slide Imaging, Image Analysis Informatics, Information Management System Storage and Communication} Anatomic Pathology {Instruments [Microtomes and Cryostat microtomes, Tissue processors, Automatic strainers, Other products], Consumables [Reagents and Antibodies, Probes and Kits, Others]} By Applications Breast Cancer Prostate Cancer Gastric Cancer Non-Small Cell Lung Cancer Other Cancers By End-User Hospitals Research Laboratories Pharmaceutical Organizations Contract Research Organizations (CROs) > StraitsResearch.com is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.

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[tamanna31]

Laboratory Information Management System Market Pegged to Expand Robustly During 2024-2030

Laboratory Information Management System Industry Overview

The global laboratory information management system market size was valued at USD 2.3 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 6.48% from 2024 to 2030. 

Technological advancements pertinent to pharmaceutical laboratories and a rise in demand for lab automation are expected to fuel the demand for these systems in the coming years. Advancements in R&D labs, especially in pharmaceutical and biotechnological laboratories, are expected to enable positive industry growth.

Gather more insights about the market drivers, restrains and growth of the Laboratory Information Management System MarketIn addition, low cost of implementation, efficient time management, and compliance with GDP, GCP & GMP are other major factors driving Laboratory Information Management System (LIMS) industry growth.

Laboratory Information Management System Market Segmentation

Grand View Research has segmented the global laboratory information management system market report based on product, component, end-use, and region:

Product Outlook (Revenue, USD Million, 2018 - 2030)

On-premise

Web-hosted

Cloud-based

Component Outlook (Revenue, USD Million, 2018 - 2030)

Software

Services

End-use Outlook (Revenue, USD Million, 2018 - 2030)

Life Sciences

CROs

Petrochemical Refineries & Oil and Gas Industry

Chemical Industry

Food and Beverage & Agriculture Industries

Environmental Testing Laboratories

Other Industries (Forensics and Metal & Mining Laboratories)

Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Europe

Germany

UK

France

Italy

Spain

Sweden

Denmark

Norway

Asia Pacific

China

India

Japan

Australia

South Korea

Thailand

Latin America

Brazil

Mexico

Argentina

MEA

South Africa

Saudi Arabia

UAE

Kuwait

Browse through Grand View Research's Healthcare IT Industry Research Reports.

The global medical kiosk market size was valued at USD 1.42 billion in 2023 and is projected to grow at a CAGR of 15.1% from 2024 to 2030. 

The global physician advisory services market size was estimated at USD 4.25 billion in 2023 and is estimated to grow at a CAGR of 6.8% from 2024 to 2030.

Key Companies & Market Share Insights

The global LIMS industry remains highly competitive. Key companies are involved in acquisitions, strategic collaborations, and new product launches to withstand the competition. Companies are focusing on implementing strategies, such as new product launches, regional expansion, partnerships, and distribution agreements, to increase their revenue share.

In August 2023, Thermo Fisher Scientific, Inc. launched the EXENT solution, a fully integrated and automated mass to meet the unmet clinical needs for innovative mass spectrometry solutions to transform monoclonal gammopathy management.  

In December 2022, LabVantage Solutions, Inc. released Version 8.8 of its flagship LIMS platform, which features a multitude of upgrades across all components. These factors are expected to boost the growth of the market over the forecast period.

Key Laboratory Information Management System Companies:

Thermo Fisher Scientific Inc.

Siemens

LabVantage Solutions Inc.

LabWare

PerkinElmer Inc.

Abbott

Autoscribe Informatics

Illumina, Inc.

Labworks

LabLynx, Inc.

Computing Solutions, Inc.

CloudLIMS.com (LabSoft LIMS)

Ovation

LABTRACK

AssayNet Inc.

Order a free sample PDF of the Laboratory Information Management System Market Intelligence Study, published by Grand View Research.