Laboratory Informatics Market based on Product (Laboratory Information Management Systems, Electronic Lab Notebooks, Scientific Data Management Systems, Laboratory Execution Systems, Electronic Data Capture & Clinical Data Management Systems, Chromatography Data Systems, and Enterprise Content Management), Delivery Mode (On-premise, Web-hosted and Cloud-based), Component (Software and Services), End-Use (Life Sciences, Chemical Industry, CROs, Food and Beverage and Agriculture Industries, Environmental Testing Laboratories, Petrochemical Refineries & Oil and Gas Industry and Other Industries) and Geography – Global Forecast up to 2026

  • May, 2021
  • Domain: ICT - Software & Services
Pages: 115
Tables: 90
Charts: 122
Regions/Countries: 4/10
Companies: 12
Enquiry Hours: 10
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Laboratory informatics is elucidated as the specialized application of information technology to enhance and expand laboratory operations with instruments, software, and data management tools. This enables scientific data to be recorded, migrated, processed, and elucidated for instant use and stored, managed, and shared to assist in upcoming research and development and in-lab testing efforts while improving the efficacy of laboratory operations. With the increasing load of work, cost restraints, and advancements in technologies, the nature of pathology is rapidly shifting, driving the market growth. Further, the rising deployment of laboratory information management systems in assisting hospital-based laboratories in eliminating diagnostic errors and managing huge volumes of data is predicted to drive market growth. On the contrary, the high costs incurred in maintenance and services are likely to limit the market growth. The Laboratory Informatics Market is estimated to grow at the rate of 7.4% CAGR by 2026.   

Research Methodology:

The Laboratory informatics Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Laboratory Informatics Market

Laboratory Informatics Market by Product

  • Laboratory Information Management Systems (LIMS)
  • Electronic Lab Notebooks (ELN)
  • Scientific Data Management Systems (SDMS)
  • Laboratory Execution Systems (LES)
  • Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)
  • Chromatography Data Systems (CDS)
  • Enterprise Content Management (ECM)

Laboratory Informatics Market by Delivery Mode

  • On-premise
  • Web-hosted 
  • Cloud-based

Laboratory Informatics Market by Component

  • Software
  • Services

Laboratory Informatics Market by End-use

  • Life Sciences
  • CROs
  • Chemical Industry
  • Food and Beverage and Agriculture Industries
  • Environmental Testing Laboratories
  • Petrochemical Refineries & Oil and Gas Industry
  • Other Industries

Laboratory Informatics Market by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

In the Product segment, LIMS has a significant share in the market growth. To reduce data management errors and enhance the quality analysis of research information, the LIMS solution is mainly adopted in the life sciences and research industry. These factors are expected to augment the growth of the segment.

Cloud-based delivery mode assists in storing a huge volume of data remotely to facilitate free space on devices and allows data retrieval as per the customer's requirement. Therefore, the cloud-based delivery mode is having a significant share in the laboratory informatics market.

The service segment is accounted for the highest share in the market growth. This is due to the increase in the outsourcing of LIMS solution and increasing requirement of the outsourced services by large pharmaceutical research labs since they lack in resources and skill set required for deployment of analytics.

As per the end-users, the significant end-users of laboratory informatics are the life science industry. Demand for laboratory informatics has increased in the life science industry to develop innovative products and enhance the quality of products and operational efficiency.

North America is commanding the market share due to the factors such as strategies supporting the adoption of laboratory informatics and infrastructure with high digital literacy. Moreover, surging healthcare costs and the increasing burden of curtailing the costs are also factors contributing to market growth in this region.

Increasing demand for data integration is a primary factor contributing to the growth of the global market. The rising amount of data is being gathered within the scientific and life science community. Since millions of dollars are expending on research and development activities by the pharmaceutical and biotechnological sector, the volume of data produced is generous. Proper processing and coming to a successful conclusion from gathered data need data integration solutions. A huge amount of data collection and a rising need for real-time outcomes will propel business growth in the future. 

Key players operating in the market include Labvantage Solutions, Inc., Thermo Fisher Scientific Inc., Accelerated Technology Laboratories, Lablynx, Inc., Agilent Technologies, Inc., Autoscribe Informatics, Dassault Systems, Labworks LLC, Labware, Kinematik, Waters, and Perkinelmer Inc.

As a result, the laboratory information system has an essential requirement due to the increasing amount of data. Moreover, the laboratory informatics software provides an organization with various benefits, which reduces work and data management errors.

  • This report describes how the various attributes are impacting the market growth in the forecast period.
  • This research provides a detailed analysis of the segments and sub-segments of the market and their key contributions to market growth.
  • This report comprises the exclusive depiction of the competitive outlook coupled with key strategies deployed by the market competitors.
  • This study also includes quantitative analysis of the market in terms of geography, which provides a perception of the regional market.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Product: Market Size & Analysis
    1. Overview
    2. Laboratory Information Management Systems (LIMS)
    3. Electronic Lab Notebooks (ELN)
    4. Scientific Data Management Systems (SDMS)
    5. Laboratory Execution Systems (LES)
    6. Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)
    7. Chromatography Data Systems (CDS)
    8. Enterprise Content Management (ECM)
  6. Delivery Mode: Market Size & Analysis
    1. Overview
    2. On-premise
    3. Web-hosted
    4. Cloud-based
  7. Component: Market Size & Analysis
    1. Overview
    2. Software
    3. Services
  8. End-Use: Market Size & Analysis
    1. Overview
    2. Life Sciences
    3. CROs
    4. Chemical Industry
    5. Food and Beverage and Agriculture Industries
    6. Environmental Testing Laboratories
    7. Petrochemical Refineries & Oil and Gas Industry
    8. Other Industries
  9. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  10. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  11. Vendor Profiles
    1. Labvantage Solutions, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Thermo Fisher Scientific Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Accelerated Technology Laboratories
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Lablynx, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Agilent Technologies, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Autoscribe Informatics
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Dassault Systems
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Labworks llc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Labware
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. Kinematik
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  12. Companies to Watch
    1. Waters
      1. Overview
      2. Products & Services
      3. Business Strategy
    2. Perkinelmer Inc.
      1. Overview
      2. Products & Services
      3. Business Strategy
  13. Analyst Opinion
  14. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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