05-15-2019 01:44 PM CET - IT, New Media & Software
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Pharmaceutical LMIS Market Report 2026: A Comprehensive Competitors Study By LabWare, Abbott Laboratories, Agilent Technologies, Epic Systems Corporation, Autoscribe Informatics, Genologics, Illumina company and others

Press release from: Data Bridge Market Research



Global Pharmaceutical Laboratory Information Management Systems Market is expected to grow with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the advancements in technologies provided along with the software.
Pharmaceutical LIMS (Laboratory Information Management Systems) is a software service developed for use in various labs which helps in achieving automation of operations in a laboratory, it also helps in categorizing and managing information associated with the lab. This software helps in keeping a track of the information resulting in enhanced efficiency and effectiveness of operations.
Pharmaceutical Laboratory Information Management Systems market research report contains complete background analysis of industry, which includes an assessment of the parental market. Pharmaceutical Laboratory Information Management Systems market research report not only saves precious time but also add credibility to the work. The base year for calculation in the report is considered as 2018 while the historic year is 2017 which suggests how the Pharmaceutical Laboratory Information Management Systems market is going to perform in the forecast years by informing you about the market definition, classifications, applications, and engagements. Pharmaceutical Laboratory Information Management Systems market research report brings into focus the key market dynamics of the sector. A range of definitions and classification of the Pharmaceutical industry, applications of the Pharmaceutical industry and chain structure are given in the report.

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Key Market Competitors:
Few of the major competitors currently working in the pharmaceutical laboratory information management systems market are LabWare; Abbott Laboratories; Agilent Technologies, Inc.; Epic Systems Corporation; Autoscribe Informatics; Genologics, an Illumina company; Accelerated Technology Laboratories, Inc.; Thermo Fisher Scientific Inc.; IBM Watson Health; LabLynx, Inc.; LabVantage Solutions, Inc.; LABWORKS; Siemens; CompuGroup Medical SE; Orchard Software Corporation; Cerner Corporation; SCC SOFT COMPUTER; Sunquest Information Systems, Inc.; McKesson Corporation; Medical Information Technology, Inc. and CPSI.

Key Developments in the Market:

In May 2018, Agilent Technologies, Inc. announced that they had agreed to acquire Genohm. This acquisition will enable Agilent in developing different informatics solutions for the various operational segments of laboratories
In September 2015, Illumina, Inc. announced that they had completed the acquisition of GenoLogics Life Science Software Inc. This acquisition will help in developing enhanced LIMS software solutions and enhance Illumina’s informatics solution portfolio

Reasons to Purchase this Report
•Current and future of global pharmaceutical laboratory information management systems market outlook in the developed and emerging markets
•The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•The latest developments, market shares, and strategies that are employed by the major market players

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Global Pharmaceutical Laboratory Information Management Systems Market By Product (Standalone, Integrated), Delivery Mode (On-Premise, Web-Based, Cloud-Based), Component (Service, Software), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2026

Market Drivers
Increasing demand for automated operations from the various industries due to the demand for efficient operations is expected to drive the growth of the market
Rise in incidences of chronic diseases globally; this factor is expected to drive the growth of the market

Topics Covered:
1.Introduction
2. Market Segmentation
3. Executive Summary
4. Market Overview
5. Premium Insights
6. Global Pharmaceutical LMIS Market: Regulatory Scenario
7. Global Pharmaceutical LMIS Market, By Type
8. Global Pharmaceutical LMIS Market, By Distribution Channel
9. Global Pharmaceutical LMIS Market, By End User
10. Global Pharmaceutical LMIS, By Geography
11. Global Pharmaceutical LMIS, Company Landscape
12. Company Profiles
13. Related Reports
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Market Restraints
High levels of cost associated with installation and integration of these software services is expected to restrain the market growth
Lack of knowledgeable and skilled technicians for the integration and operations of this system is expected to restrain the market growth

Segmentation: Global Pharmaceutical Laboratory Information Management Systems Market
By Product
Standalone, Integrated

By Delivery Mode
On-Premise, Web-Based, Cloud-Based

By Component
Service, Software

By Geography
North America, South America, Europe, Asia-Pacific, Middle East & Africa

Competitive Analysis:
Global pharmaceutical laboratory information management systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pharmaceutical laboratory information management systems market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Insights in the report:

Complete market analysis and forecasting
Market definition, understanding the concept of Pharmaceutical LMIS
Market drivers and restraints of the industry
Market segmentation and market share divided amongst them
Key players in the market and their analysis

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