Global Laboratory Information Management System Market is expected to grow at a CAGR of +10.2% during the forecast period of 2020 to 2030. The study analyzes the market in terms of revenue and sales volume across all the major markets. A laboratory information management system (LIMS) is a software that helps in collecting, processing, organizing and managing laboratory data, and tracking & managing the information associated with samples, tests, and results. It provides streamlined control over project data that are complex enough to require constant computer control. With the growing number of modern laboratories, both the quantity and quality of information is expanding exponentially in the overall healthcare market.
Top Key Players includes in this report: Computing Solutions, GenoLogics, Accelerated Technology Laboratories, PerkinElmer Inc., Thermo Fisher Scientific, Labworks LLC, McKesson Corporation, LabVantage, Abbott Laboratories, Siemens, Lablynx, Dassault Systèmes, Promium LLC, Novatek International and Autoscribe Informatics amongst others.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
• Neutral viewpoint on the market performance
• Recent industry trends and developments
• Competitive landscape & approaches of major players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• Detailed analysis of the Laboratory Information Management System Market
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The LIMS solution effectively reduces paperwork, human errors and uncertainty, and helps speed-up the data processing time. This has enabled faster release of fabrication orders and improves the productivity within the workplace. The laboratory information management system delivers customization of patient’s data and the users can themselves personalize this information and alter the same at their own ends. However, the initial installation costs of these software are high and is limiting the market’s growth.
Competitive Landscape:
The report provides both, qualitative and quantitative research of the market, as well as provides worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes theirheadquarter, competitors, product/service type, application and specification, pricing, and gross margin.
Laboratory Information Management System Market – by Type:
- Multipurpose
- Purpose-Built
Laboratory Information Management System Market – by Component:
- Software
- Services
Laboratory Information Management System Market – by Deployment Model:
- On-Premise
- Remote
- Cloud
Laboratory Information Management System Market – by End User:
- Life Sciences
- Petrochemical Refineries & Oil and Gas Industry
- Chemical Industry
- Environmental Testing Laboratories
- Others (Forensics and Metals & Mining Laboratories)
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