Laboratory Informatics Global Market Size is Expected to Grow to $5.21 Billion By 2027 | Major Players: LabWare, Abbott Informatics, LabLynx Inc., Waters Corporation, Autoscribe Informatics

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Laboratory Informatics Global Market Report 2023 identifies the increasing need for laboratory automation is expected to propel the growth of the laboratory informatics market during the forecast period. The frequent occurrence of human errors in laboratory operations led laboratory organisations to shift towards automated solutions.

The global laboratory informatics market size will grow from $3.48 billion in 2022 to $3.75 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the laboratory informatics is expected to grow to $5.21 billion in 2027 at a CAGR of 8.5%.

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Major players in the laboratory informatics market are Thermo Fisher Scientific Inc., LabVantage Solutions Inc., LabWare, Abbott Informatics, LabLynx Inc., Waters Corporation, Autoscribe Informatics, and LABWORKS LLC, Cerner Corporation, McKesson Corporation, IDBS, Arxspan LLC, Kinematik, RURO Inc., and Accelerated Technology Laboratories.

Technological advancements are key trends gaining popularity in the laboratory informatics market. The companies operating in the laboratory informatics market are increasingly investing in the development of new technologically advanced software suites to meet the specific operational demands from laboratory customers across the globe.

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The Laboratory Informatics market is segmented -
1) By Type: Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Chromatography Data Systems (CDS), Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS), Laboratory Execution Systems (LES), Enterprise Content Management (ECM), Scientific Data Management Systems (SDMS)
2) By Component: Services, Software
3) By Deployment Model: On-premise, Cloud-based, Remotely Hosted
4) By Industry: Life Sciences Industry, Chemicals Industry, Food & Beverage and Agriculture Industry, Petrochemical Refineries and Oil & Gas Industry, Environmental Testing Laboratories, Other Industries

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Laboratory Informatics market.

The Business Research Company's "Global Laboratory Informatics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Laboratory Informatics Market Include:
1. Executive Summary
2. Laboratory Informatics Market Characteristics
3. Laboratory Informatics Market Trends And Strategies
4. Laboratory Informatics Market - Macro Economic Scenario
5. Laboratory Informatics Market Size And Growth
……
27. Laboratory Informatics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Laboratory Informatics Market
29. Laboratory Informatics Market Future Outlook and Potential Analysis
30. Appendix

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