Laboratory Information Management Systems Market 2020 Analysis, Growth, Share, Trends | Leading Players - McKesson, Abbott, Siemens AG, Roper Technologies, IBM , PerkinElmer, Illumina, Shimadzu Corporation, LabWare, LABWORKS

Global Laboratory Information Management Systems 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 Management Systems 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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Global Laboratory Information Management Systems Market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Key Points: Global Laboratory Information Management Systems Market

Thermo Fisher Scientific Inc. is going to dominate the LIMS market following with McKesson Corporation, Abbott, Siemens AG, Roper Technologies, Inc., IBM Corporation, PerkinElmer Inc., Illumina, Inc., Shimadzu Corporation, LabWare, LABWORKS among others.

The service segment is dominating the global LIMS market.
Broad-based segment is expected to grow with the highest CAGR of 19.1% in the forecast period 2018 to 2025.

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The major factors driving the growth of this market are growing use of LIMS to comply with stringent regulatory requirements, rising need for adoption of LIMS in various industries, technological advancements in LIMS services are boosting the growth of the global LIMS market. On the other hand, high maintenance and service costs and lack of integration standards for LIMS are hampering the growth of the market.

Market Segmentation: Global Laboratory Information Management Systems Market

The global LIMS market is segmented on the basis of component into services and software. In 2018, services market segment is valued to rule with the highest market share 2025.

The global LIMS market is segmented on the basis of product type into broad-based LIMS and industry-specific LIMS. In 2018, broad-based LIMS segment is valued to rule with the highest CAGR in 2025.

The global LIMS market is segmented on the basis of delivery into on-premise LIMS, cloud-based LIMS and remotely hosted LIMS. In 2018, cloud-based LIMS segment is valued to rule with the highest CAGR in 2025.

The global LIMS market is segmented on the basis of industry type into biotech/pharma, chemical/energy, food and beverage, diagnostics/medical device, consumer products, CRO/CMO and others. In 2018, food and beverage segment is valued to rule with the highest CAGR in 2025.

Based on geography, the market is segmented into 5 geographical regions

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

Key Drivers: Global Laboratory Information Management Systems Market

Prominent factors driving the growth of this market are growing use of LIMS to comply with stringent regulatory requirements, rising need for adoption of LIMS in various industries.

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