SWOT Analysis of Laboratory Information Management Systems LIMS Market Key Venders McKesson Corporation, Abbott Laboratories, Siemens, Roper Technologies, IBM

"Global Laboratory Information Management Systems Market" examines the performance of the Laboratory Information Management Systems Market 2018. It encloses an in-depth Research of the Laboratory Information Management Systems Market state and the competitive landscape globally. This report analyzes the potential of Laboratory Information Management Systems Market in the present and the future prospects from various angles in detail.

The global laboratory information management systems market is expected to grow owing to opportunities of cloud LIMS acceptance in developing economies and increasing demand of LIMS in academic labs and contract research organizations.

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databridgemarketresearch.com added new report “Global Laboratory Information Management Systems (LIMS) Market” has accounted for USD 1,020.5 million in 2016 and is expected to reach USD 2.2 billion by 2024, growing at a CAGR of 10.2% in the forecasted period 2017 to 2024.The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Report Analysis:

The significant growth of the global LIMS market is due to factors such as increasing need of integration and data collection across laboratories and other healthcare infrastructures. Also the regulatory compliance is growing stringent and research labs are mandated to adhere to these guidelines. The rising acceptance of stem cell banking in Japan, Europe, U.S., China and some other developed nations is expected to bolster the growth of this market in the forecast period 2017 to 2024.

Key Market Players:

Ardigen SA, Genologics (A Illumina Company), Thermo Fisher Scientific, Inc., AgileBio LLC, LabWare, Inc., Core Informatics, LLC, CloudLIMS, Abbott Informatics, Agaram Technologies Pvt Ltd, Schimadzu Corporation, LabVantage Solutions, Inc., LabLynx, Inc., PerkinElmer, Inc., Khemia Software, Inc., Bargal Analytical Instruments, Waters Corporation, Computing Solutions, Inc., Agilent Technologies, Inc. and Novatek International among others.

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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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The market is further segmented into:

• Component
• Product Type
• Delivery
• Industry Type

The global 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 62.4% market share and is expected to reach 692.14 million by 2025, growing at a CAGR of 7.1% in the forecast period 2018 to 2025.

The global 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 54.7% market share and is expected to reach 600.32 million by 2025, growing at a CAGR of 6.9% in the forecast period 2018 to 2025.

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