Future Growth of “Hospital LIMS Market” by Global Industry CliniSys Solutions, Thermo Fisher Scientific, Abbott, Illumina, McKesson Corporation & Forecasts Till 2025

Market Highlights:

Global Hospital LIMS market is was valued at USD 215.72 million in 2017 growing at a significant CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Developments that are made in order to advance the technologies and the increased rate of innovations that are made in the healthcare information technology are enabling the companies and the organizations that are pushing themselves in the healthcare information technology to open various opportunities. The laboratory information management system (LIMS) is a tool that helps in decision making, reviewing, gathering and moving the information, making calculations, and releasing the processes.

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Thus LIMS has become a very important tool in different applications. The LIMS is a laboratory and information management system which is software based that makes easy the functionalities of the modern laboratory operations. The various application areas where the LIMS is used include environmental science, petrochemicals, and pharmaceuticals. In several applications, the LIMS has provided support in the sample management, data analysis, data mining, and electronic laboratory network. In the pharmaceutical sector, the LIMS offers several applications such as test library incorporated as dissolution, product assays standard functionality disintegration, drug release, dosage uniformity, and stability module that reduces the complexity of the stability studies.

Global hospital LIMS market competition by top players include -

CliniSys Solutions Ltd. dominated the hospital LIMS market accounting largest market share followed by Thermo Fisher Scientific Inc. and Abbott along with other players such as
• CliniSys Solutions Ltd.
• Thermo Fisher Scientific Inc.
• Abbott
• Illumina, Inc.
• McKesson Corporation
• LabWare
• Roper Technologies, Inc.
• Siemens AG
• Novatek International
• Shimadzu Corporation
• Evansville
• Agaram Technologies Pvt Ltd
• CloudLIMS
• Sysmed Solutions Limited
• Sunquest Information Systems, Inc.

Key features of Hospital LIMS market:
• In-depth knowledge of Hospital LIMS market that supports opportunities, growth, restraints and practicability study.
• Study of emerging markets furthermore a complete analysis of existing Hospital LIMS market segments.
• Dominating market Hospital LIMS players are cited in the report.
• The developing Hospital LIMS market tendencies and technologies have accelerated number of enterprise models and corporations across the globe.
• Decent classification of Hospital LIMS market is done on the basis of end-user applications, major product type, mode of transport, market size, and application.
• The data provided in this research Hospital LIMS report is descriptive not only in terms of quantity but also quality

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Market Segments:

• Based on components, the market is segmented into service and software.
• On the basis of product type, market is segmented into industry-specific and broad-based.
• Based on application, the market is segmented into diagnostics, medical devices and others.
• On the basis of delivery, market is segmented into on-premise, cloud-based and remotely hosted. In 2018, On-premise segment is likely to rule the market and is also projected to grow with the CAGR of 17.1% in the forecast period 2018-2025.
Based on geography, the market is segmented into 5 geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

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This release was published on openPR.