Laboratory Information Management Systems Market 2020 Global Analysis, Opportunities, Regional Outlook With Industry Forecast To 2028 | The Insight Partners

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A laboratory information management system (LIMS), also known as a laboratory information system (LIS) or laboratory management system (LMS), is a software-based solution that supports modern laboratory operations. Key features of LIMS include workflow management as well as data tracking and processing. Its flexible architecture and data exchange interfaces support its use in regulated clinical environments. The features and uses of a LIMS have evolved over the years from simple sample tracking to an enterprise resource planning tool that manages multiple aspects of laboratory informatics.

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Here we have listed the top Laboratory Information Management Systems Market companies

Thermo Fisher Scientific Inc.
Abbott
Illumina, Inc.
LABWORKS
LabLynx, Inc.
LabVantage Solutions, Inc.
Accelerated Technology Laboratories, Inc.
LabSoft LIMS by Computing Solutions, Inc.
LabWare
Autoscribe Informatics

Highlights the following key factors:

1) Business description-A detailed description of the company’s operations and business divisions.
2) Corporate strategy – Analyst’s summarization of the company’s business strategy.
3) SWOT Analysis-A detailed analysis of the company’s strengths, weaknesses, opportunities, and threats.
4) Company history – Progression of key events associated with the company.
5) Major products and services-A list of major products, services, and brands of the company.
6) Key competitors – A list of key competitors to the company.
7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years – The latest financial ratios are derived from the annual financial statements published by the company with 7 years history.

Laboratory automation is emerging as an approach to minimize human involvement in laboratory processes. The automation of routine laboratory procedures with the help of dedicated workstations and system software helps increase laboratory efficiency and enables researchers to concentrate on important tasks along with avoiding human errors. Laboratories are increasingly adopting laboratory information management systems (LIMS) to maintain stringent regulatory compliance, uplift efficiency and productivity, and drive data security and integrity. According to a study published in the Journal of Lab Automation, the error incidences in fully automated, semi-automated, and manual operations are 1–5%, 1–10%, and 10–30%, respectively. The growing use of digital workstations, automated analyzers, and total laboratory automation (TLA) allows laboratory personnel to reassign activities and contribute a greater value to operations. Moreover, high volumes of data generated by laboratory systems is triggering the demand for effective data processing, analysis, and sharing methods, thereby highlighting the need of efficient and cost-effective solutions such as the LIMS.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Laboratory Information Management Systems Market based on product and application. It also provides market size and forecast till 2027 for the overall Laboratory Information Management Systems Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

By Type

Standalone
Integrated

By Deployment

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

By Component

Software
Services

By Application

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

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