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Covid-19 impact on - Pharmaceutical Laboratory Information Management Systems Market 2020 Industry Research, Share, Trend, Industry Size, Price, Future Analysis, Regional Outlook to 2026 Research Report | DBMR Updates
Pharmaceutical Laboratory Information Management Systems Market
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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.
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.
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Market Analysis:
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Market Definition: Global Pharmaceutical Laboratory Information Management Systems Market
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.
Segmentation: Global Pharmaceutical Laboratory Information Management Systems Market
Pharmaceutical Laboratory Information Management Systems Market : By Product
Standalone
Integrated
Pharmaceutical Laboratory Information Management Systems Market : By Delivery Mode
On-Premise
Web-Based
Cloud-Based
Pharmaceutical Laboratory Information Management Systems Market : By Component
Service
Software
Pharmaceutical Laboratory Information Management Systems Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Pharmaceutical Laboratory Information Management Systems 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
Pharmaceutical Laboratory Information Management Systems 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
Key Developments in the Pharmaceutical Laboratory Information Management Systems 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
The Pharmaceutical Laboratory Information Management Systems Market report describes a comprehensive insight into the application scope of the market. In addition, the report comprises details relevant to the market share obtained by various segments. Information about the revenue gathered from the segments along with the projected sales for the project duration is stated in the document. Essential insights about the vital parameters such as the competition trends and market focusing rate is included in the report. The Pharmaceutical Laboratory Information Management Systems Market analysis report describes details about the marketing channels accepted by the manufacturers for their products in tandem with the information regarding the traders, distributors, and dealers competing in the market.
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