North America Laboratory Information Systems (LIS) Market Growing to Exhibit a Striking Growth with CAGR of 9.20% by 2029, Size, Share, Trends, Competitive Scenario and Industry Growth Analysis

The North America Laboratory Information Systems (LIS) market report has been prepared with the detailed market analysis that is performed by a team of industry experts, skilful analysts, dynamic forecasters and knowledgeable researchers. This report is the best source to accomplish unparalleled insights and acquaintance of the best market opportunities into the relevant markets. The market study of the large scale North America Laboratory Information Systems (LIS) report evaluates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. Additionally, businesses can achieve great benefits with this information to come to a decision on their production and marketing strategies.

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Laboratory Information Systems (LIS) Market Analysis and Size

Over the past few years, innovations in laboratory information systems' features have been driven by improvements in medical technology. They are used as an enterprise resource planning tool and for sample tracking, managing a variety of informatics-related tasks. These systems enable users to collect patient information and enter it into databases for improved patient management. Consequently, such determinants aid the market in gaining traction over forecasted timeline.

North America laboratory information systems (LIS) market was valued at USD 1166.38 million in 2021 and is expected to reach USD 2358.42 million by 2029, registering a CAGR of 9.20% during the forecast period of 2022-2029.

Recent Developments

In February 2022, The BICO Company Biosero, Inc., which creates laboratory automation systems to facilitate scientific discoveries, introduced several new products and features to its Green Button Go software package. The combination of these solutions offers customers a wide range of cutting-edge capabilities to streamline, manage, and improve the output of their automated lab equipment.
In December 2020, Schuyler House and its popular laboratory information system, SchuyLab, were bought by CompuGroup Medical. One of the most long-lastingly successful systems in the physician office lab and reference lab markets has been the LIS. Through the acquisition, CompuGroup can strengthen its position in the US market.

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