Press release
3500 Million USD, Laboratory Informatics Market - 2023, Leading players Abbott, Agilent Technologies, Dassault Systèmes, LabLynx, PerkinElmer, Inc., Thermo Fisher Scientific, Waters Corporation
Laboratory informatics solutions help to reduce manual efforts, labor cost, cost of error, and throughput time; offer paperless information management and effective data analytics; improve data traceability, accessibility, security and sharing; streamline processes; enhance quality management; abide by the regulatory requirements; and provide better control of all business processes and decision support. Thus, automation of laboratory processes and integration of data provides a robust platform to drive scientific decisions and improve quality and operational efficiency, thereby enabling lab professionals to productively advance research, development and manufacturing. “Meticulous Research” in its latest publication states that, the “global market for laboratory informatics market is expected to grow at a CAGR of 6.5% from 2017 to 2022 to reach $3,531.2 million by 2022.”Browse in-depth Report on https://www.meticulousresearch.com/product/laboratory-informatics-market-forecast/
This growth is primarily driven by the growing automation in laboratories, technological advancements in laboratory informatics solutions, rising pressure to comply with stringent regulatory guidelines, and growing demand in biobanks/biorepositories, academic research institutes, and CROs.
Top players are:
Abbott
Agilent Technologies
Arxspan
Autoscribe Informatics
Dassault Systemes
GenoLogics (Illumina, Inc.)
LabLynx, Inc.
LabVantage Solutions, Inc.
Labware Scientific, Inc.
Novatek International
PerkinElmer, Inc.
Promium LLC
RURO, Inc.
Thermo Fisher Scientific
Waters Corporation.
On the basis of product, laboratory information management systems (LIMS) segment is expected to continue to dominate the global laboratory informatics market during the forecast period, mainly due to technological advancements in LIMS, growing replacement of old legacy LIMS with COTS LIMS, and growing application of LIMS in biobanking, academic research institutes, and CROs.
On the basis of mode of delivery, on-premise solutions held the largest share in the laboratory informatics market in 2017. This is mainly because on-premise solutions are more customizable than other two deployment models, laboratories have total ownership and authority, and this model is perceived to be more secure.
On the basis of component, services segment is expected to dominate the laboratory informatics market in 2017. The large share of this market is mainly attributed to the growing demand for cloud services and increasing lab automation subsequently driving the demand for laboratory informatics services such as implementation, validation, integration, maintenance, and training and support.
Based on end user, life sciences industry commanded the largest share in the global laboratory informatics market in 2017, mainly due to growing regulatory pressures to maintain data integrity, validity, and security. Moreover, increasing need to improve lab productivity and cost efficiency and trend towards automation is driving life sciences industries to invest in lab informatics.
Geographically, North America commanded the largest share in the global laboratory informatics market in 2017.
Download report PDF @ https://www.meticulousresearch.com/download-sample-report/?cp_id=3945
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Contact us :
Viren Shrivastava
AVP- Global Sales and Marketing
Meticulous Research®
Email: viren@meticulousresearch.com
Direct Lines: +1-646-781-8004 (North America)
+44-203-868-8738 (Europe)
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