Press release
Laboratory Information Management Systems (LIMS) Market Industry Size, Share Trends, Growth, Demand, Opportunities and Forecast By 2029
North America Laboratory Information Management Systems (LIMS) market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing with a CAGR of 9.4% in the forecast period of 2022 to 2029 and is expected to reach USD 1,022,861.65 thousand by 2029. Increase in the requirement of quick-decision making process in biotechnology is expected to drive the growth of the market significantly.
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Market Outline: -
A laboratory information management systems (LIMS) software helps in the effective management of samples and data associated with it. With the help of LIMS, a lab can integrate instruments, manage samples, and automate the workflows. LIMS software is also being used in modern genomics. The unprecedented amount of data that is generated from modern genomics is easily managed with the help of the LIMS software. Owing to the increased efforts of clinicians and researchers for the betterment of lab operations and the increasing number of samples in the labs, the demand for LIMS software is increasing, which is further contributing to the growth of the market to an extent.
Integration of varied technologies, such as artificial intelligence and machine learning is the major driving factor in the market. Data complexity and lack of user friendly tools can prove to be a challenge, however increase in strategic decisions, such as partnerships and collaborations, in informatics field can prove to be an opportunity. The restraint is the higher cost of data management & software. Also, challenges faced due to the impact of COVID-19 on the supply chain are one of the major restraining factors.
Some of the major players operating in the North America Laboratory Information Management Systems (LIMS) Market are:
Thermo Fisher Scientific Inc., PerkinElmer Inc., Autoscribe Informatics, Shimadzu Corporation, Novatek International, Benchling, Agaram Technologies Pvt Ltd, Agilent Technologies, Inc., LabWare, STARLIMS Corporation, IBM Corporation, Roper Technologies, Inc, Illumina, Inc., McKesson Corporation, Infors AG, Siemens, Zoho Corporation Pvt. Ltd., LabVantage Solutions Inc., and CloudLIMS.com among others.
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Highlights of Following Key Factors of North America Laboratory Information Management Systems (LIMS) Market
Business description
A detailed description of the company's operations and business divisions
Corporate strategy
Analyst's summarization of the company's business strategy
Company history
Progression of key events associated with the company
Major products and services
A list of major products, services and brands of the company
Key competitors
A list of key competitors to the company
Important locations and subsidiaries
A list and contact details of key locations and subsidiaries of the company
Detailed financial ratios for the past 5 years
The latest financial ratios derived from the annual financial statements published by the company with 5 years' history.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: North America Laboratory Information Management Systems (LIMS) Market
Chapter 3: Regional analysis of the North America Laboratory Information Management Systems (LIMS) Market industry
Chapter 4: North America Laboratory Information Management Systems (LIMS) Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
To Check the Complete Table of Contents, Click here https://www.databridgemarketresearch.com/toc/?dbmr=north-america-laboratory-information-management-systems-market
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