Market Research

Global Laboratory Information Management System (LIMS) Market: by Type (Broad, Industry-specific), Component (Software, Services), Delivery, End-User, and Region – Industry Analysis and Forecast to 2025

Aug 20, 2020 1:28 AM ET

iCrowd Newswire – Aug 20, 2020

Laboratory information management system is a technology-enabled service aid in maintaining day-to-day laboratory operations. It is also known as a laboratory information system (LIS) or laboratory management system. The worldwide demand for a laboratory information management system to manage data, assign rights, and manage inventory, boosts the market growth during the forecast period.

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global laboratory information management system market. The historic years considered for the study are 2016-2018, the base year is 2019, the estimated year is 2020, and the forecast period is 2021-2025.

The global laboratory information management system market is expected to grow from USD 1.42 billion in 2020 to USD 2.13 billion by 2025 at a CAGR of 12.5%.

Global Laboratory Information Management System Market: Market Dynamics

Laboratory information management systems are being increasingly used for biobanking as it enables effective management and tracking of data quality. Over the past few years, there has been a drastic rise in the practice of genome and DNA study and in-vitro ADME technologies that is favoring the market. Furthermore, the popularity of cloud-based systems is influencing the market positively.

However, the higher implementation cost for the laboratory information management system (LIMS) and lack of skilled professionals are hampering the market growth.

Global Laboratory Information Management System Market: Segmental Analysis 

The laboratory information management system market is segmented into type, component, delivery, end-user, and region.

Based on type, the laboratory information management system market is classified as Broad and Industry-specific. The broad-based segment accounted for the largest market share in 2019. They help in streamlining the workflow processes and improve decision-making and reporting.

Based on components, the laboratory information management system market is classified as software and services. the software used in modern genomics accounted for the largest share in the market over the past years and will continue to dominate the market in the forecast period.

based on delivery, the laboratory information management system market is classified as on-premise, remote, and cloud. in 2019, the cloud-based delivery segment accounted for a larger share in the market, as they are more customizable and have minimum risk associated with data breaches and external attacks it is anticipated to dominate the market in the forecast period.

based on end-user, the laboratory information management system market is classified as pharma, biotech, chemical, agriculture, F & B, and oil & gas. The biotech, pharma, and CRO segment accounted for the largest market share, attributed to the increasing number of biobanks/biorepositories and growing R&D investments/activities in pharmaceutical & biotechnology companies.

Global Laboratory Information Management System Market: Regional Analysis 

Geographically, the laboratory information management system market is classified into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

North America region is the largest laboratory information management system market, which is attributed to the growing number of end-user and improved infrastructural capabilities of the health care industry are significantly contributing to the market growth.

Global Laboratory Information Management System Market: Competition Scenario  

Key players of the laboratory information management system (LIMS) market are Dassault Systmes, Labware, Labworks LLC, Thermo Fisher Scientific, Autoscribe Informatics, Labvantage, Accelerated Technology Laboratories, Abbott Informatics, Genologics, Inc., Computing Solutions, McKesson, Lablynx, and Siemens.

Critical Questions Answered in the Report

  • What are the key trends in the global laboratory information management system market?
  • How the market (and its various sub segments) has grown in the last four years and what would be the growth rate in the next five years?
  • What are the key strategies adopted by the major vendors to lead in the global laboratory information management system market?
  • What is the market share of the top vendors?

Download Sample : https://thepiresearch.com/research-report/1654

1  Executive Summary

2  Market Introduction

2.1  Definition

2.2  Architecture

2.3  Scope of the Study

2.4  Related Stakeholders

3  Research Methodology

3.1  Introduction

3.2  Primary Research

3.2.1  Key Insights

3.2.2  Breakdown of Primary Interviews

3.3  Secondary Research

3.3.1  Important Sources

3.4  Market Size Estimation Approaches

3.4.1  Top-Down Approach

3.4.2  Bottom-Up Approach

3.4.3  Data Triangulation

3.5  List of Assumptions

4  Market Dynamics

4.1  Introduction

4.2  Drivers

4.2.1  Effectiveness in managing data

4.3  Restraints

4.3.1  Higher implementation cost

4.4  Porter’s Five Forces Model Analysis

4.5  Value Chain Analysis

4.6  Regulatory Landscape

 5  Global Laboratory Information Management System Market, By Type

5.1  Introduction

5.2  Broad

5.3  Industry-specific

 6  Global Laboratory Information Management System Market, By Components 

6.1  Introduction

6.2  Software

6.3  Services

7  Global Laboratory Information Management System Market, By Delivery 

7.1  Introduction

7.2  On-premise

7.3  Cloud

7.4  Remote

8  Global Laboratory Information Management System Market, By End-User

8.1  Introduction

8.2  CRO

8.3  Pharma

8.4  Biotech

8.5  Chemical

8.6  Agriculture

8.7  F & B

8.8  Oil & gas

9  Global Laboratory Information Management System Market, By Region

9.1  Introduction

9.2  North America

9.2.1  US

9.2.2  Canada

9.2.3  Mexico

9.3  Europe

9.3.1  Germany

9.3.2  UK

9.3.3  France

9.3.4  Italy

9.3.5  Spain

9.3.6  Rest of Europe

9.4  Asia-Pacific

9.4.1  China

9.4.2  India

9.4.3  Japan

9.4.4  South Korea

9.4.5  Rest of Asia-Pacific

9.5  Middle East and Africa

9.6  South America

 10  Competitive Landscape

10.1  Introduction

10.2  Vendor Evaluation Criteria

10.3  Market Share Analysis, 2019 (%)

10.4  Recent Developments, 2016-2019

10.4.1  New Type Launches

10.4.2  Partnerships

10.4.3  Mergers or Acquisitions

10.4.4  Business Expansions

11  Company Profiles

(This section covers the Business Overview, Financial Overview, Product & Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)

11.1  Dassault Systems

11.2  Labware

11.3  Labworks LLC

11.4  Thermo Fisher Scientific

11.5  Autoscribe Informatics

11.6  Labvantage

11.7  Accelerated Technology Laboratories

11.8  Abbott Informatics

11.9  Genologics, Inc.

11.10  Computing Solutions

11.11  McKesson

11.12  Lablynx

11.13  Siemens

12  Appendix

12.1  Discussion Guide

12.2  Customization Options

12.3  Related Reports

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Keywords:    laboratory information management,LIMS