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laboratory information management system lims market global drivers opportunities trends and forecast upto 2021

Laboratory Information Management System (LIMS) Market: Global Drivers, Opportunities, Trends and Forecast upto 2021

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Laboratory Information Management System (LIMS) is a software based information system that is meant to support the operations in a modern laboratory. The major features in LIMS are data tracking and workflow support, data exchange interfaces, and flexible architecture. The information system has evolved highly from just a simple sample tracking to a full-fledged ERP tool that could manage various aspects of laboratory informatics.

Bio-banking, which deals with collection and research of bodily samples, is growing at a faster pace, and is a major driver for the growth of LIMS. In addition, availability of LIMS as SaaS has reduced the costs of investments. The market is diversified and highly competitive, and has a large presence of international and regional vendors. The focus of several of the vendors is on investing in innovation to develop a next generation information system in the today’s modern laboratory.

Bio-banking, high adoption of cloud services, and effectiveness of LIMS in modern laboratories are the major drivers for the growth of LIMS market. The market is segmented by product type, deployment type, component, verticals, and regions. Few of the major vendors in the market include LabVantage Solutions, Labware, Abbott Informatics, Thermo Fisher Scientific, Core Informatics, Labworks, Lablynx, McKesson, and GenoLogics.

The study covers and analyses the “Worldwide Laboratory Information Management System” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

1       Industry Outlook 

1.1             Industry Overview

1.2             Industry Trends

1.3             PESTEL Analysis

2       Report Outline 

2.1             Report Scope

2.2             Report Summary

2.3             Research Methodology

2.4             Report Assumptions

3       Market Snapshot

3.1             Total Addressable Market (TAM)

3.2             Segmented Addressable Market (SAM)

3.3             SAM as a Segment of TAM

3.4             Related Markets

4       Market Outlook

4.1             Overview

4.2             Ecosystem

4.3             Segmentation

4.4             Porter 5 (Five) Forces

5       Market Characteristics 

5.1             Market Trends

5.2             Value Chain

5.3             Market Dynamics

5.3.1               Drivers

5.3.2               Restraints

5.3.3               Opportunities

5.4             DRO – Impact Analysis

5.5             Key Stakeholders

6       Product type: Market Size and Analysis 

6.1             Overview

6.2             Industry specific LIMS

6.3             Broad based LIMS

7       Component: Market Size and Analysis 

7.1             Overview

7.2             Software

7.3             Services

8       Deplyment type: Market Size & Analysis 

8.1             Overview

8.2             On premise

8.3             Remotely hosted

8.4          Cloud based

9    Vertical

9.1             Overview

9.2             Food, beverage and agricutlure

9.3             Life sciences

9.4          Chemical

9.5          Retail

9.6          Oil and gas

9.7          Environmental testing

9.8          Others

10     Regions: Market Size & Analysis 

10.1           Overview

10.2           North America

10.3           Europe

10.4          Asia Pacific

10.5          Rest of the world

11     Competitive Analysis 

11.1           Overview

11.2           Labware

11.3           LabVantage Sloutions

11.4           Abbott Informatics

11.5           Thermo Fisher Scientific

Includes other major vendors

12     Vendor Profiles*

12.1           Labware

12.2           LabVantage Sloutions

12.3           Abbott Informatics

12.4           Thermo Fisher Scientific

Includes other major vendors

13     Companies to Watch for # 

14     Expert’s Views 

Annexure 

Abbreviations

 

* Vendor profiles will include: overview, business units, geographical revenue, recent developments, business focus, SWOT, and business strategy

# Companies to watch for will include small private players present in Indian market

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
Methodology

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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Laboratory Information Management System (LIMS) Market: Global Drivers, Opportunities, Trends and Forecast upto 2021
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