Press Release

The Laboratory Information System Market worth $2,690 billion in 2026

August, 2020

" COVID-19 Impact on Laboratory Information System market, size, share, growth, and forecast 2020-2026 "

The laboratory information system is the cloud-based as well as on-premise based software utilized across various clinical laboratory where the data can be stored and managed effectively. The primary utilization of the laboratory information system is to process and report the data of a particular patient’s history in the healthcare center.

The major factors contributing to the laboratory information system market growth can be attributed to the automated laboratory, which helps in the improved process of the data with automated technology; the diagnostic errors are very difficult to overcome the errors the information system is adapted by the healthcare centers.

In addition, the consolidation of the laboratory information system with hospital activities is an opportunistic growth in this market. Globally, the rapidly growing acquisition of improvised diagnostic devices is the popular trend in the laboratory information system market.

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The Laboratory Information System Market research report is titled as “Laboratory Information System Market by Delivery Mode, Product, Component, End-User, Geography (North America, Europe, Asia Pacific and Rest of the World)

The major players competing in the Laboratory Information System Market are Orchard Software Corporation, Sunquest information systems, Inc., Cerner Corporation, Ecotest, and Computer Programs and Systems, Inc.

North America is the largest revenue generating region with the beneficiary reimbursement policies and increasing requirement of the better-quality cancer diagnosis centers as there is a growing incidence of cancer disease in this region. Europe is expected to be the rapidly growing region in this market as the government taking the initiative to promote the laboratory information system in the healthcare centers.  

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The report consists of 109 Tables and 69 charts depicting the in-depth market study and the impact analysis of COVID-19 by Vendor name. View detailed TOC here.

The laboratory information system market can be categorised as follows:

Based on Delivery Mode:

  • On-premise LIS
  • Cloud-based LIS

Based on Product:

  • Standalone LIS
  • Integrated LIS

Based on Component:

  • Services
  • Software

Based on End User:

  • Hospital laboratories
  • Independent laboratories
  • Physician office laboratories
  • Other end users

Based on Geography:

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

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication