LIMS Market Overview, Size, SWOT Analysis, Industry Growth Analysis & Forecast 2025: Industry Top Manufactures Thermo Fisher Scientific, McKesson, Abbott, Siemens, Roper Technologies, Inc., IBM, Illumina, SHIMADZU CORPORATION

The Laboratory Information Management Systems is used by various industries such as pharmaceutical, food & safety, clinical research, manufacturing services, contract services, molecular testing, petrochemical and refining, public health, and environmental services.

The global laboratory information systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of health insurance market for global, Europe, North America, Asia Pacific and South America.

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Global Laboratory Information Management Systems market is expected to reach USD 1,155.67 million by 2025 from USD 650.70 million in 2017, at a CAGR of 7.7 % 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.

Market Segmentation:

• On the basis of product type the market is segmented into two product types commercial off the shelf LIMS (COTS) and legacy LIMS

• Based on deployment the global LIMS market is segmented into three types such as on-premise, cloud based and web based modules.

• The market is also segmented on the basis of components into software and services.

• Global LIMS market is segmented on the basis of industries such as life science, petrochemical, chemicals, food and beverages, environmental testing, and forensics among others.

Key market players for global LIMS market are listed below:

• Thermo Fisher Scientific
• Siemens AG
• Abbott
• McKesson Corporation
• Roper Technologies, Inc.
• IBM Corporation
• Illumina, Inc.
• Shimadzu Corporation
• LabWare
• LABWORKS

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

Covered in this report

The report covers the present scenario and the growth prospects of the global LIMS for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

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In 2018, service is expected to dominate the Laboratory Information Management Systems market with 67.1% market share and is expected to reach 795.49 million by 2025, growing at the highest CAGR of 8.1% in the forecast period 2018 to 2025.

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