Laboratory Information System (LIS) Market - Latest Trends, Capability Assessment up to 2025

Stratview Research announces the launch of a new research report on the Laboratory Information System (LIS) Market. This extensive report from Stratview Research, studies the global laboratory information system (LIS) market over the trend period of 2014 to 2017 and forecast period of 2018 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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https://www.stratviewresearch.com/403/laboratory-information-system-(LIS)-market.html

This Laboratory Information System Market analysis has been segmented in six ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Type - Broad-based LIMS, Industry-specific LIMS
• By Component Type - Services & Software
• By Deployment Type - On Site, Remote Access and Cloud Based
• By After Sales - Software upgradation, Technical Issues, Others
• By End User Type - Hospital Laboratories, Independent Clinical Laboratories, Bio-Banks, Environmental Testing Laboratories, Pharmaceutical R&D Laboratories, Others
• By Region - North America, Western Europe, Asia-Pacific, Latin America, Rest of the World

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Laboratory Information System (LIS) Market: Highlights
LIMS or Laboratory information system or Laboratory management system is a software-based system used to manage all state of art clinical laboratory operations. The software-based system manages everything from the order entry, result in entry, patient check in, specimen processing, patient demographics to final report dispatch reducing the human negligence to nearly zero. This system mainly enables the technicians to enter results into a database that is accessible to authorised users when a patient’s samples are tested at Hospital’s Diagnostic Centre, Independent Clinical Laboratories and /or Contract Research Organizations.

The success of LIMS depends on flexibility, scalability and efficiency. LIM’s scalability must support the growth of the laboratory and medical practice; while flexibility to interface with modern, point-of-care telehealth technologies in ways that enable laboratory to drive today’s precision medicine healthcare initiatives. Another formula for success is a strong after sales team which can remain in touch with the buyer and understand his changing needs, when to replace or upgrade an existing software, when to save their system from technical glitch. Due to high volume of service providers in LIMS space, the competition is high and small outputs can build or brake reputation of the LIMS companies across the globe.

The report not only investigates the segmentation by deployment and type but also covers the voice of customers and regional splits and identifies the opportunities in the regions like APAC, the Middle East, South America, North America and Western Europe.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, Product portfolio, New product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
• Future outlook

The Burning Questions This Report Will Answer:
1. What is the need of this system, what happens if we do not use it?
2. What are the major application areas of LIMS in a clinical laboratory?
3. How can it help me reduce the cost of operations?
4. Is it 100% error proof? Is it cost effective?

Stratview Research has several high value market reports in the healthcare & life science industry. Please refer to the following link to browse through our reports:
https://www.stratviewresearch.com/market/report/Healthcare-and-Life-Sciences.html

About Stratview Research
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. We are a trusted brand in the research industry with capability of commissioning complex projects within a short span of time with high level of accuracy.

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This release was published on openPR.