Global Laboratory Informatics Market: Laboratory Information Management Systems & Enterprise Content Management Anticipated to Grow with Lucrative CAGR During 2017-2025

The global laboratory informatics market is expected to grow at a growth rate of 5.3% to reach USD 3.6 billion by 2025. This comprehensive study reveals the market estimate numbers for different market segments. Along with that, the study covers qualitative insights, strategic benchmarking and thorough competitive landscaping in the report spreading over 135 pages.

New developments in Information Technology and medical automation are invariably linked to big flip in laboratory informatics market. Increasing introduction of intelligent instrumentation not only in terms of the volume but also in term of the variety of electronic data in the laboratory spur the market growth to great extent. Leading companies are in constant efforts to introduce novel technology based laboratory informatics devices to capture a large customer base. For example, Waters Corporation has developed UNIFI Scientific Information System. This solution offers a single effective platform for mass spectrometry, chromatography, data management, and laboratory workflow procedure. Water’s UNIFI software is the first and only software that enable to merge liquid chromatography and high-performance mass spectrometry data into a single solution. This tends to provide a healthy platform for the market growth to great extent.

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Globally laboratory informatics market is categorized as Electronic Lab Notebooks (ELN), Laboratory Information Management Systems (LIMS), Enterprise Content Management (ECM), Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES) and others. Scientific data management systems recorded USD 221.8 million as of 2016. Associated benefits such as support in performing scientific research activities, analyzing and creating reports on laboratory instrument functions, and other functions drive the market growth of this segment. In terms of delivery mode, the market is segmented into Web-hosted, On-Premise, and Cloud-based laboratory informatics system. The end user segment is categorized as Life Sciences, Clinical Research Organizations (CROs), Standalone and Integrated Laboratories, Pharmaceutical companies and others. Life Science end use captured more than 26.23% share of the global market in 2016.

Regionally, the market is analyzed as North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Asia Pacific region is projected to grow with the highest CAGR of 9.4% over the forecast period. Asia Pacific is emerging as an outsourcing hub for the laboratory informatics market due to its surging demand amongst the pharmaceutical manufacturers. Manufacturers outsource LIMS activities to improve operational efficiency and reduce the cost of LIMS support systems. Such factor will help the region to be on the forefront of the market.

Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), Core Informatics, LLC (U.S.), Abbott Informatics (U.S.), LabVantage Solutions, Inc. (U.S.) and others are some of the key companies in the global laboratory informatics market. Strategic merger and acquisition is proven to be the most effective strategies among key players to expand their market share. For instance, in March 2017, Thermo Fisher Scientific Inc. acquired Core Informatics, provider of the cloud-based platform supporting scientific data management solution. Such types of acquisitions will help the company to expand its presence in this market segment.

Browse full report with in-depth ToC on “Laboratory Informatics Market, By Types (ELN, LIMS, ECM, SDMS, and LES), By Delivery Mode (Web-hosted, On-Premise, and Cloud-based), By End Use, and Geography (North America, Europe, Asia Pacific, And Rest Of The World) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
www.analystviewmarketinsights.com/report-highlight-laboratory-informatics-market/

The scope of this report covers the market by its major segments, as follows:

Market, by Types
ELN
LIMS
ECM
SDMS
LES

Market, by Delivery Mode
Web-hosted
On-Premise
Cloud-based

Market, by End Use
Life Sciences
Clinical Research Organizations (CROs)
Standalone and Integrated Laboratories
Pharmaceutical Companies

Market by Region
North America, Europe, Asia Pacific, Latin America, Middle East and Africa and Rest of the World; Market, by Country: U.S., Canada, Germany, France, India, and China;

Key players profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles of companies):
Thermo Fisher Scientific, Inc.
LabWare, Inc.
Core Informatics
Abbott Informatics
LabVantage Solutions, Inc.

Key benefits of the report:
• The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• A thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

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