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Healthcare Laboratory Informatics Market Rapid Growth By Leading Companies: Thermo Fisher Scientific, Waters Corporation, Infosys, Abbott, AgileBio LLC, Agilent Technologies, Genologics, LabWare, Tech Mahindra

04-25-2019 11:50 AM CET | Health & Medicine

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Healthcare Laboratory Informatics Market Rapid Growth

Market Study Report LLC recently introduced new title on “2019-2024 Global Healthcare Laboratory Informatics Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

U.S. healthcare laboratory informatics market should witness significant growth over the forecast years. Favorable government initiatives and boom in health IT will stimulate business growth. Furthermore, rising demand for quality diagnosis with minimum errors and integration of laboratories with information systems will fuel the industry growth.

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Adoption of technologically advanced software solutions and use of laboratory information management systems allow better diagnosis and improve regulatory compliance. Innovations such as high throughput screening (HTS) technology, ultrahigh throughput screening (UHTS) instruments and cloud based solutions will further stimulate industry growth. However, industry growth may be hindered by lack of trained professionals, increasing competitiveness and lack of integration standards.

Rising demand for scientific data integration solution will drive global healthcare laboratory informatics market. Shift in trend from biological and scientific mechanisms to advancements driven by data integration patterns should propel business growth. Healthcare Laboratory Informatics Market size will exceed USD 1.8 billion by 2024; as per a new research report.

Cloud-based solutions will exhibit significant growth due to its increasing adoption by healthcare organizations. Cloud-based big data services such as SaaS, PaaS, IaaS, CaaS, XaaS, and Maas are being introduced in many healthcare organizations to provide quick access to information at low cost.

Services contributed to over 50% of industry share owing to its increasing acceptance due to low capital and resource requirement. Growing popularity of could services has fueled the use of software as a services(SaaS) over the coming years.

Clinics will witness significant growth over the coming years. Growing use of laboratory informatics for patient health information tracking, patient engagement, and quality assurance is expected to fuel the business growth.

Germany held the largest regional revenue share in 2016 due to technological advances in healthcare IT and the growing demand for cost effective workflow management systems.

China healthcare laboratory informatics market will witness robust growth over the coming years due to increasing R&D expenditure by the private and public agencies coupled with increasing level of health awareness.

Key industry players in healthcare laboratory informatics market include Abbott Informatics, Perkin Elmer, Thermo Fisher, and LabVantage. These players are consolidating their market position by adopting advanced technologies, entering into partnerships, and collaborating for geographical expansion.

Table of Content:

Chapter 1. Methodology

1.1. Methodology

1.2. Market definitions

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary

1.4.1.1. Paid sources

1.4.1.2. Unpaid sources

1.4.2. Primary

Chapter 2. Executive Summary

2.1. Healthcare laboratory informatics market industry 360o synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Deployment trends

2.1.4. Component trends

2.1.5. End-user trends

2.1.6. Regional trends

Chapter 3. Healthcare Laboratory Informatics Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Rising demand of scientific data integration solutions

3.3.1.2. Increasing need for clinical workflow management

3.3.1.3. Increasing availability of cost-effective informatics solutions

3.3.1.4. Technological advancements in software solutions

3.3.2. Industry pitfalls & challenges

3.3.2.1. Dearth of integration standards

3.3.2.2. Lack of skilled professionals

3.4. Growth potential analysis

3.4.1. By product

3.4.2. By deployment

3.4.3. By component

3.4.4. By end-user

3.5. Technology landscape

3.6. Regulatory landscape

3.6.1. U.S.

3.6.2. Europe

3.7. Porter's analysis

3.8. Competitive landscape, 2017

3.8.1. Strategy dashboard

3.9. PESTEL analysis

Chapter 4. Healthcare Laboratory Informatics Market, By Product

4.1. Healthcare laboratory informatics market share by product, 2017 & 2024

4.2. Laboratory Information Management System (LIMS)

4.2.1. Market size, by region, 2013 - 2024 (USD Million)

4.3. Electronic Lab Notebook (ELN)

4.3.1. Market size, by region, 2013 - 2024 (USD Million)

4.4. Scientific Data Management System (SDMS)

4.4.1. Market size, by region, 2013 - 2024 (USD Million)

4.5. Chromatography Data System (CDS)

4.5.1. Market size, by region, 2013 - 2024 (USD Million)

4.6. Laboratory Execution System (LES)

4.6.1. Market size, by region, 2013 - 2024 (USD Million)

4.7. Others

4.7.1. Market size, by region, 2013 - 2024 (USD Million)

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Related Report:

Global Healthcare Laboratory Informatics Market Size, Status and Forecast 2025

This report studies the global Healthcare Laboratory Informatics market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Healthcare Laboratory Informatics market by companies, region, type and end-use industry.

In 2017, the global Healthcare Laboratory Informatics market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.

https://www.marketstudyreport.com/reports/global-healthcare-laboratory-informatics-market-size-status-and-forecast-2025?utm_source=RR-SP

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