Press release
Laboratory Information System (LIS) Market Insights 2020: Top Impacting Factors, Growth Analysis and Industry Predictions
The research report published by Allied Market Report states that the global Laboratory Information System (LIS) market is estimated to reach $tt.yy million by 2027. The report provides an in-depth analysis of growth factors, opportunities, market trends, key segments, and competitive landscape. Current market conditions and the future scenario of various regions have been analyzed in the report to help market players in devising expansion strategies. Moreover, it includes country-wise analysis of each region. Product portfolio and business segments of leading market players outline the competitive scenario. The report provides insights to help investors, stakeholders, and new entrants to determine potential opportunities and tap on them to gain competitive advantage.The Laboratory Information System (LIS) report offers an in-depth analysis of the Covid-19 impact on various market segments and countries. Moreover, the report offers major market trends and forecasts, considering the Covid-19 situation.
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Laboratory information system (LIS) is a software that accounts, stores, and manages data for laboratories. This system is used to send laboratory test orders, record test results, store data in a database used by the user. At present, these systems are used widely in public health institutions, such as hospitals and clinics, to maintain data of patients tests, tracking of data quality, location and security, and end-user billing.
The market is driven by need to control diagnostic errors, rise in chronic disease, utilization of LIS to enhance laboratory clinical workflow efficiency, incorporation of laboratory information system with Electronic Health Record (EHR) Systems, and increase in demand for quality & precise diagnosis.
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The global LIS market is segmented on the basis of product, delivery mode, component, end user, and region.
Based on product, the market is bifurcated into standalone LIS and integrated LIS systems. The delivery mode segment includes on-premise LIS, web-based LIS, and cloud-based LIS. Based on component, the market is segmented into LIS services and software. Based on end user, it is classified into hospital laboratories, independent laboratories, physician office laboratories, and others (blood banks, retail clinics, and nursing homes). Geographically, it is analyzed across North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
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The Major Key Players Are:
Cerner Corporation, McKesson Corporation, Epic Corporation Inc., Medical Information Technology, Inc., SCC Soft Computer, Sunquest Information Systems, Inc., CompuGroup Medical AG, Computer Programs and Systems, Inc., Merge Healthcare, Inc., and Orchard Software Corporation.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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