Press release
Laboratory Information Management Systems Market to Reach $2.92 Billion by 2030
In accordance with a recent market research report entitled "Laboratory Information Management System (LIMS) Market," presented by Meticulous Research®, the LIMS market is poised to attain $2.92 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 7.4% from 2022 to 2030.Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4009
Laboratory Information Management Systems (LIMS) play a crucial role in contemporary laboratories, with regulatory agencies outlining specific requirements to ensure the accuracy, reliability, and acceptability of LIMS. Regulatory compliance, involving adherence to various laws, guidelines, and specifications, is a significant challenge for industries such as life sciences, petrochemicals, oil & gas, food & beverage, and agriculture. The stringent regulatory landscape, coupled with the LIMS capability to facilitate data management, enhance data integrity, optimize lab workflows, and support compliance with regulatory guidelines, propels the growth of the LIMS market.
The global laboratory information management systems market is categorized based on Mode of Delivery (On-premise LIMS, Web-based and Cloud-based LIMS), Component (Service, Software), Type (Multi-purpose LIMS, Purpose-built LIMS), and End User (Life Sciences, Food & Beverage, Chemical Industry, Petrochemicals and Oil & Gas Industry, Environmental Testing Laboratories, among others).
For a more detailed analysis, the report assesses industry competitors, examining their market share on both global and regional scales.
Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=4009
The web-based and cloud-based LIMS systems segment is anticipated to dominate the market in 2023 based on the mode of delivery. The increasing adoption of these systems is attributed to their ability to reduce IT staff responsibilities, eliminate capital expenses, and scale according to laboratory requirements.
In terms of components, the services segment is projected to hold the largest market share in 2023. This is attributed to the widespread adoption of cloud-based models, technological advancements in LIMS solutions, stringent regulatory requirements, and the recurring nature of services.
The purpose-built LIMS segment is expected to witness the highest CAGR during the forecast period. These systems are tailor-made to meet the specific needs of industries such as pharmaceutical manufacturing R&D, food & beverage, oil & gas, and QA/QC testing laboratories.
The life sciences segment is predicted to lead the market in 2023 based on end user, owing to the increasing adoption of LIMS in this technology-intensive industry, characterized by substantial and continuous investments in Research & Development.
Geographically, North America is anticipated to hold the largest market share in 2023, attributed to increased adoption and investment in advanced technologies, the availability of LIMS services and products, and stringent regulatory requirements in various end-user industries.
Quick Buy - Laboratory Information Management Systems Market Research Report: https://www.meticulousresearch.com/Checkout/99558994
Key players in the LIMS market include LabWare, Inc., Thermo Fisher Scientific Inc., LabVantage Solutions Inc., LabLynx, Inc., Labworks, Agilent Technologies, Inc., Labii Inc., Accelerated Technology Laboratories, Inc., LABTRACK, Computing Solutions, Inc., Dassault Systèmes, Ovation, CloudLIMS, STARLIMS Corporation, Autoscribe Informatics, Illumina, Inc., Siemens AG, and Novatek International.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/laboratory-information-management-system-market-4009
Scope of the Report:
Laboratory Information Management Systems Market, by Mode of Delivery
On-premise LIMS
Web-based and Cloud-based LIMS
Laboratory Information Management Systems Market, by Component
Service
Software
Laboratory Information Management Systems Market, by Type
Multi-purpose LIMS
Purpose-built LIMS
Laboratory Information Management Systems Market, by End User
Life Sciences
Pharmaceutical & Biotechnology Companies
Academic and Research Institutes
Biobanks & Biorepositories
CROs
Other Life Science Users
Food & Beverage
Chemical Industry
Petrochemicals and Oil & Gas Industry
Environmental Testing Laboratories
Other End Users
Note: Other life sciences users include diagnostic laboratories and toxicology laboratories. Other end users include forensic laboratories, mining & metal laboratories, and contract manufacturing organizations (CMOs).
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Laboratory Information Management Systems Market to Reach $2.92 Billion by 2030 here
News-ID: 3365144 • Views: …
More Releases from Meticulous Research®
Nutraceutical Products Market: Growth Trends and Future Outlook to 2030| Meticul …
The nutraceutical products market is witnessing steady and significant growth, driven by a rising awareness of health, nutrition, and disease prevention. Between 2023 and 2030, the market is projected to expand at a compound annual growth rate of 7.8%, ultimately reaching a value of $691.87 billion by the end of the forecast period. This growth reflects a major shift in consumer mindset, as individuals increasingly seek products that offer both…
Global Feed Additives Market Outlook: Trends, Growth Drivers, and Regional Insig …
The way we feed our livestock is changing, and feed additives are at the heart of that transformation. Over the next decade, the global feed additives market is expected to surpass $51 billion, fueled by rising demand for meat and dairy products, concerns over animal health, and a push toward more sustainable farming practice. Farmers today are no longer just feeding animals they are strategically nourishing them to improve growth,…
Global Home Medical Equipment Market: Trends, Insights, and Forecast to 2030 | M …
The home medical equipment market is growing steadily and is projected to reach nearly $63 billion by 2030. These devices are designed to help people manage their health at home, allowing patients to remain independent while receiving the care they need. From respiratory devices to mobility aids, these products make it possible for individuals to maintain a better quality of life without relying entirely on hospital care. They are especially…
Global Membrane Filtration Technologies Market: Trends, Growth Drivers, and Regi …
The membrane filtration technologies market is steadily expanding, with expectations to hit $22.2 billion by 2030. Over the past few years, industries and municipalities alike have faced increasing pressure to manage water more efficiently. Water scarcity, environmental regulations, and operational needs have created a situation where traditional water treatment methods are no longer sufficient. Businesses are turning toward membrane filtration technologies as a solution that offers both reliability and precision.
Water…
More Releases for LIMS
Global LIMS Market Size & Analysis
According to a new market research report published by Global Market Estimates, the Global LIMS Market is expected to grow at a CAGR of 7.4% from 2023 to 2028.
The laboratory information management systems (LIMS) market is driven by several key factors including the increasing demand for efficient laboratory operations and data management. Laboratories across various industries, including healthcare, pharmaceuticals, biotechnology, and research, require streamlined processes for sample tracking, data management,…
Laboratory Information Management System (LIMS) Market
Global Laboratory Information Management System (LIMS) Market report from Global Insight Services is the single authoritative source of intelligence on Laboratory Information Management System (LIMS) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market…
Laboratory Information Management System Software Market Size And Forecast | Qua …
Laboratory Information Management System Software Market size was valued at USD 0.89 Billion in 2020 and is projected to reach USD 2.23 Billion by 2028, growing at a CAGR of 12.20% from 2021 to 2028.
The Laboratory Information Management System Software Market report offers a wide range of information on various aspects of the industry such as Growth strategies, segmentation by product type, applications, regions, and key players. In addition to…
Global LIMS Market 2020 Business Strategies – Siemens SA, Labware, Star LIMS ( …
The market report titled “LIMS Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global LIMS market. The report willfunction as a medium for the better assessment of the existing and future situations of the global market. It will be offering a 360-degree framework of the competitive landscape and dynamics of…
Global LIMS Market 2020 Business Strategies – Siemens SA, Labware, Star LIMS ( …
The Zion Market Research added a new report “LIMS Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting.
LIMS Market Market research report which provides an in-depth examination of the market scenario regarding market size, share, demand, growth,…
LIMS SoftwareMarket Review with Demographic Data by Top Key Players Thermo Scien …
Biotechnological applications, LIMS assists Research and Development labs by integrating with instrumentation to provide automation to microarrays, gel electrophoresis, gene expression profiling etc. There is a significant difference between LIMS and LIS. LIMS is aimed to process and report data related to batches of samples from biology labs, drug trails, water treatment facilities. LIS designed for process and report the data related to individual patients. Global LIMS market is expected…
