The global Laboratory Informatics Market survey report endows with the basic information about industry, definition, classification, application, industry chain structure, industry overview and international market analysis. This industry analysis report explains market analysis based on regional, local as well as global level. The research studies of this market document helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share. It is a comprehensive and proficient Laboratory Informatics Market report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis.
The wide ranging Laboratory Informatics Market report offers meticulous investigation of current scenario of the global market, which considers numerous market dynamics. Analytical study of this market document helps in mapping growth strategies to increase sales and build brand image in the market. Few of the major topics covered here can be named as market definition, market segmentation, competitive analysis and research methodology. Taking up such market research report is all the time beneficial for any company, whether it is a small scale or large scale, for marketing of products or services. The large scale Laboratory Informatics Market report looks for opportunities in the new geographical market.
The Laboratory Information Management Systems (LIMS) segment of product dominate the market due to the demand for completely integrated services in the life sciences and research industries to reduce data management errors and increase qualitative analysis of research data is likely to drive the segment's growth in the coming years. Data Bridge Market Research analyses that the laboratory informatics market was valued at USD 3.4 billion in 2021 and is further estimated to reach USD 8.01 billion by 2029 during the forecast period, and is expected to grow at a CAGR of 11.3% during the forecast period of 2022 to 2029.
Explore Further Details about This Research Laboratory Informatics Market Report https://www.databridgemarketresearch.com/reports/global-laboratory-informatics-market
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Product (Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES), Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS), Chromatography Data Systems (CDS), Enterprise Content Management (ECM)), Delivery Mode (On-Premise, Web-Hosted, Cloud-Based), Component (Software, Services), End Use (Life Sciences, CROs, Chemical Industry, Food and Beverage and Agriculture Industries, Environmental Testing Laboratories, Petrochemical Refineries and Oil and Gas Industry, Other Industries) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Thermo Fisher Scientific (US), Inc., LabWare, LabVantage Solutions Inc. (US), Abbott (US), Waters Corporation. (US), Agilent Technologies, Inc (US), IDBS (US), PerkinElmer, Inc. (US), Autoscribe Informatics. (UK), Arxspan a Bruker Company (US), Dassault Systèmes (France), RURO Inc., Kinematik (Ireland), LabLynx LIMS (US), Labworks (US), Cerner Corporation (US), McKesson Corporation (US) and Scientific Equipment Repair (US). |
Market Opportunities |
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Market Definition
Laboratory informatics is a specialised use of information technology that uses a platform of devices, software, and data management tools to optimise and extend laboratory operations. Scientific data can be gathered, moved, processed, and analysed for immediate use, as well as saved, managed, and shared to assist future research, development, and lab testing efforts, all while increasing laboratory efficiency.
Laboratory Informatics Market Dynamics
Drivers
Major factors that are expected to boost the growth of the laboratory informatics market in the forecast period are as follows:
- Rise in the demand for laboratory automation
Laboratory automation is gaining traction as a viable solution to the difficulties of a labour scarcity and strategies to eliminate manual intervention in lab processes which will further accelerate the market growth.
- Technological developments
Because of ongoing technological advancements, companies are able to give interactive and faster laboratory informatics solutions to end customers which is further anticipated to propel the growth of the market.
- Increasing adoption of cloud-based service in healthcare sector
As hospital managers, physicians, and patients want access to information, cost effectiveness, and security, cloud-based solutions are becoming more popular in the healthcare industry. As healthcare laboratory informatics firms shift their focus to key business applications, cloud-based services will continue to play a vital role in the market growth.
Opportunities
In addition, the growing accessibility of cost-effective informatics solutions are further estimated to provide potential opportunities for the growth of the laboratory informatics market in the coming years.
Restraints/Challenges
On the other hand, the lack of integration standards is further projected to impede the growth of the laboratory informatics market in the targeted period. However, the dearth of skilled professionals might further challenge the growth of the laboratory informatics market in the near future.
How Laboratory Informatics Market Report Would Be Beneficial?
- Anyone who are directly or indirectly connected in value chain of Laboratory Informatics Market industry and needs to have Know-How of market trends
- Marketers and agencies doing their due diligence
- Analysts and vendors looking for Laboratory Informatics Market intelligence about Laboratory Informatics Market Industry
- Competition who would like to correlate and benchmark themselves with market position and standings in current scenario
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Laboratory Informatics Market research report.
- Interaction with research scientists and development heads to understand the nature of the Laboratory Informatics Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Laboratory Informatics Market size
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