North America LIMS Market 2018: Highest CAGR of 7.3% | Worldwide Healthy Growth Rate | Leading Players - Thermo Fisher Scientific, Siemens AG, Abbott, McKesson Corporation, Roper Technologies, IBM Corporation and Future Forecast up to 2025

Industry Highlights:

North America LIMS market is expected to reach USD 458.59 million by 2025 from USD 266.14 million in 2017, at a CAGR of 7.3% 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.

The major factors contributing to the growth of the market includes factors such as growing use of LIMS to comply with stringent regulatory requirements, rising need for adoption of LIMS in various industries, technological advancements in LIMS services are boosting the growth of the North America LIMS market.

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Top Market Player’s

The key market players for North America LIMS market are listed below:
• Thermo Fisher Scientific
• Siemens AG
• Abbott
• McKesson Corporation
• Roper Technologies, Inc.
• IBM Corporation
• Illumina, Inc.
• Shimadzu Corporation
• LabWare
• LABWORKS
• The market is further segmented into:
• Component
• Product Type
• Delivery
• Industry Type

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Market Segments

The North America LIMS market is segmented on the basis of component into services and software. In 2018, service is expected to dominate the LIMS market with 65.8% market share and is expected to reach 310.38 million by 2025, growing at the highest CAGR of 7.7% in the forecast period 2018 to 2025.

The North America LIMS market is segmented on the basis of product type into broad-based LIMS and industry-specific LIMS. In 2018, industry-specific is expected to dominate the LIMS market with 61.1% market share and is expected to reach 268.60 million by 2025, growing at a CAGR of 6.6% in the forecast period 2018 to 2025.

The North America LIMS market is segmented on the basis of delivery into on-premise LIMS, cloud-based LIMS and remotely hosted LIMS. In 2018, on-premise LIMS is expected to dominate the LIMS market with 52.2% market share and is expected to reach 226.34 million by 2025, growing at a CAGR of 6.4% in the forecast period 2018 to 2025.

The North America LIMS market is segmented on the basis of industry type into life sciences industry, food & beverage and agriculture industries, petrochemical refineries and the oil & gas industry, chemical industry and other industry. In 2018, life sciences industry is expected to dominate the LIMS market with 42.1% market share and is expected to reach 197.90 million by 2025, growing at a CAGR of 7.7% in the forecast period 2018 to 2025. The life sciences industry is further segmented into pharmaceutical and biotechnology companies, contract service organizations, academic research institutes and molecular diagnostics (MDX) & clinical research laboratories.

Based on geography, the North America LIMS market is segmented into geographical regions, such as,

• U.S.
• Canada
• Mexico

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This release was published on openPR.