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Laboratory Information Systems (LIS) Market 2020 Upcoming Opportunities || Leading Players are Cerner Corporation, McKesson, Epic Systems, Epic Systems, Allscripts, IBM Watson Health, Merge Healthcare, Abbott, Agilent Technologies

Laboratory Information Systems (LIS) Market

Laboratory Information Systems (LIS) Market

Global Laboratory Information Systems (LIS) Market report consists of a market overview and the growth prospects of the market. These predictions feature important inputs from leading industry experts & underline every statistical detail regarding the market. The current environment of the industry and the key trends shaping the market are presented in the report. Insightful predictions for the coming few years have also been taken into consideration in this business research study. This Laboratory Information Systems (LIS) Market research report suggests that the market is growing at a very fast pace and with the rise in technological innovation, competition and M&A activities in the business many local and regional vendors are offering specific application products for varied end-users.

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Market Analysis: Global Laboratory Information Systems (LIS) Market

Global Laboratory Information Systems (LIS) Market is expected to rise from its initial estimated value of USD 1.57 billion in 2018 to an estimated value of USD 3.37 billion by 2026, registering a CAGR of 10% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing Prevalence and Incidence of Chronic Diseases

Key Market Competitors:

Few of the major competitors currently working in the laboratory information systems market are Sunquest Information Systems, Inc., Cerner Corporation, SSC Soft Computer, Compugroup Medical AG, McKesson Corporation, Epic Systems Corporation, Medical Information Technology, Inc., Orchard Software Corporation, Epic Systems Corporation., Allscripts, Quest Diagnostics Incorporated, CPSI), and IBM Watson Health , Computer Programs and Systems, Inc, Merge Healthcare, Inc.  Orchard Software Corporation., Abbott , Agilent Technologies, Inc Dassault Systèmes

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Market Definition: Global Laboratory Information Systems (LIS) Market

A laboratory information system (LIS), it is computer based software that used to manage and stores the data from all stages of medical processes and verify the data . In laboratory information system Physicians and lab technicians are used to coordinate varieties of inpatient and outpatient medical testing.

There is  Rise in adoption of laboratory information management systems (LIMS) among independent and hospital-based. This helps to minimized the error of diagnostic and manage high data volumes the adoption of laboratory informatics in the U.S. is expected to act as a driver to the market growth.

Segmentation: Global Laboratory Information Systems (LIS) Market

Laboratory Information Systems (LIS) Market : By Product Type

Standalone LIS
Integrated LIS

Laboratory Information Systems (LIS) Market : By Device Type

Clinical LIS
Anatomical LIS

Laboratory Information Systems (LIS) Market : By Components

Services
Software

Laboratory Information Systems (LIS) Market : By Delivery Mode

On-Premise
Remotely-Hosted
Cloud-Based

Laboratory Information Systems (LIS) Market : By End-User

Clinical Diagnostic Laboratories
Hospitals
Anatomical Pathology Laboratories
Blood Banks
Molecular Diagnostic Laboratories

Laboratory Information Systems (LIS) Market : By Geography

North Americ
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Market:

In February 2018, Sun quest Information Systems, Inc. announced that they won a 10-year tender to provision laboratory-related software solutions and services for the State of Queensland, Australia.

In November 2018, Compu Group Medical launched new software, which breakthrough in the future of medical software in the Czech Republic; it’s a flagship product by which the company fulfills its long-term vision of fully electronic healthcare.

Laboratory Information Systems (LIS) Market : Drivers

Initiatives and strong support from the government to promote healthcare it implementation is going to drive the market.
Introduce of new and advanced products, act as a driver for the market.

Laboratory Information Systems (LIS) Market :  Restraints

Global laboratory information systems (LIS) market, the system charge high cost, this act as a restraint for the growth of the market
In health industry many people is not aware about laboratory information systems.

Reasons to Purchase this Report :

Current and future of global laboratory information 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

Customization of the Report :

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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About Data Bridge Market Research :

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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