Laboratory Information Management System Market By End-User, Region, And Segment Forecasts, 2021 2027 | Siemens Group SA, Labvantage Solutions, Abbott Laboratories, Accelerated Technology Laboratories, Inc.,

Published : 3 years ago, on 21/09/2021

Market Overview:

Laboratory Information Management System Market is valued at USD 1072.6 Million in 2020 and expected to reach USD 1440.2 Million by 2027 with a CAGR of 4.3% over the forecast period.

Laboratory Information Management System Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasing prevalence of chronic diseases, rising number of technological advancements, rising popularity of cloud-based systems are some of the major factors anticipated to drive the growth the Global Laboratory Information Management System Market.

Key Players for Laboratory Information Management System Market Report:

Key players operating in the global laboratory information management system market include Thermo Fisher Scientific, Inc., Siemens Group SA, Labvantage Solutions, Abbott Laboratories, Accelerated Technology Laboratories, Inc., Novatek International, LabLynx Inc., LabWare Inc., PerkinElmer Inc. Promium LLC and others.

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Scope of Laboratory Information Management System Market Report:

The laboratory information management system (LIMS) is designed to help in the integration of laboratory operations, such as consolidation of test results and speeding up the overall operations being carried out in the laboratory. It helps in the efficient organization of samples and data associated with it. A laboratory information management system helps a lab to integrate instruments, manage samples, and automate the workflows. It is also being used in modern genomics. The exceptional amount of information that is generated from modern genomics is simply managed with the help of the LIMS software. Owing to the improved efforts of researchers and clinicians for the betterment of lab operations and the growing number of samples in the labs, the requirement for LIMS software is increasing, which is contributing to the development of this segment of the market studied. LIMS has wide range of applications in different fields such as pharmaceuticals, environmental science, petrochemicals and others. LIMS is applicable in the data mining, data analysis, sample management, and electronic laboratory network. In pharmaceutical industry, LIMS provides huge applications such as test library included as standard functionality, disintegration, dosage uniformity, dissolution, product assays, drug release and stability module that simplifies stability studies. Biotechnological applications, LIMS assists research and development labs by integrating with instrumentation to offer automation to gel electrophoresis, microarrays, gene expression profiling etc.

COVID-19 pandemic has affected the laboratory information management system market in a positive manner. The COVID 19 outbreak has shown a huge impact on the way of life across the worldwide. During the pandemic, the demand for 24/7 laboratory testing, experienced all-time high surge capacity in clinical laboratories, hence resulting in significant stress on the laboratory personnel as well as its infrastructure. Increasing demand of laboratory information management system to analyze, to track and maintain record of Corona virus patients across the globe has shown a positive impact on the market growth. However, in many countries situation such as lockdown has stopped manufacturing which have faced market disruption. Swab tests were conducted on people all over the world and results shared the government regulators which helped maintain the decorum of hospital and homes around the world and containing viruses globally.

Laboratory Information Management System Market Segmentation:

The laboratory information management system market is segmented on the basis of product type, mode of delivery, component, end-user and region & country level. On the basis of product type, the market is divided into multi-purpose and purpose-built. On the basis of mode of delivery, market is divided into on-premise solutions, cloud-based solutions and web-based solutions. On the basis of component, market is divided into services and software. On the basis of end-use, the market is divided into life sciences industry, pharmaceutical and biotechnology companies, biobanks & biorepositories, academic research institutes and contract research organizations, molecular diagnostics & clinical research labs, food & beverage and agriculture industries, petrochemical refineries and oil & gas industries, chemical testing laboratories, environmental testing laboratories and others.

By Type:

Multi-purpose LIMS

Purpose-built LIMS

By Mode of Delivery:

On-premise solutions

Cloud-based solutions

Web-based solutions

By Component:

Services

Software

By End-User:

Life Sciences industry

Pharmaceutical and Biotechnology Companies

Biobanks & Biorepositories

Academic Research Institutes and Contract Research Organizations (CROs)

Molecular Diagnostics & Clinical Research Labs

Food & Beverage and Agriculture Industries

Petrochemical Refineries and Oil & Gas Industries

Chemical Testing Laboratories

Environmental Testing Laboratories

Others

The regions covered global laboratory information management system market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of global laboratory information management system market sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, Egypt, UAE) GCC, Africa, etc.

Table of Contents:

Report Overview: It includes major players of the globalLaboratory Information Management System market covered in the research study, research scope, market segments by type, market segments by application, years considered for the research study, and objectives of the report.

Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the globalLaboratory Information Management System market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the globalLaboratory Information Management System market are discussed.

Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application: Besides an overview of the globalLaboratory Information Management System market by application, it gives a study on the consumption in the globalLaboratory Information Management System market by application.

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