Laboratory Information Management Systems Market to Witness Steady Growth at 9.2% CAGR During 2019 - 2025 | LabLynx, LABWORKS, Illumina, Abbott and LabWare

Laboratory Information Management Systems Market is expected to reach US$ 1,475.6 Mn in 2025 from US$ 742.8 Mn in 2017. The market is estimated to grow with a CAGR of 9.2% from 2018-2025. The report highlights the trends prevalent in the global laboratory information management systems market and the factors driving the market along with those that act as deterrents to its growth.

Global laboratory information management systems market, based on the type was segmented into standalone systems and integrated systems. In 2017, the standalone segment held the largest share of the market, by type owing to the availability of the current LIMS solutions in these forms. However, the integrated type segment is expected to grow at fastest rate witnessing a CAGR of 9.8% owing to its increasing demand and ability to get integrated with the existing computing systems of the laboratory users.

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The market is likely to witness a rapid growth owing to factors such as rising adoption of automation in laboratories and technological advancements in laboratory information management systems. Additionally, the market is also likely to be accelerated by potential market in the emerging nations is expected to offer significant growth opportunities to the market players to capitalize and expand its customer base in Asian and Latin American regions. However, the shortage of skilled IT technicians and high costs of the LIMS are likely to have a negative impact on the growth of the market in the coming years.

Top Leading Market Players:

1. Thermo Fisher Scientific, Inc.
2. LabLynx, Inc.
3. LABWORKS
4. Illumina, Inc.
5. Abbott
6. LabVantage Solutions, Inc.
7. Accelerated Technology Laboratories, Inc.
8. Autoscribe Informatics
9. LabSoft LIMS by Computing Solutions, Inc.
10. LabWare

The Laboratory Information Management Systems Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 - 2025, considering 2018 as the base year and 2018 - 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions.

The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Browse market data tables and in-depth TOC of the Global Laboratory Information Management Systems Market (2019-2025)

The report segments the global laboratory information management systems market as follows:

Global Laboratory Information Management Systems Market - By Type

Standalone
Integrated

Global Laboratory Information Management Systems Market - By Deployment

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

Global Laboratory Information Management Systems Market - By Component

Software
Services

Global Laboratory Information Management Systems Market - By Application

Sample Management
Workflow Automation
Records Management
Decision Making
Enterprise Resource Planning
Logistics Management

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