Key Influencer in the Laboratory Informatics Market 2025: Growing Demand For Laboratory Automation Fuels Laboratory Informatics Market Expansion Driver

Which drivers are expected to have the greatest impact on the over the laboratory informatics market's growth?
The laboratory informatics market is predicted to grow in the coming years due to the growing demand for laboratory automation. The frequent prevalence of errors in lab work procedures, largely attributed to human oversight, has prompted lab organisations to adopt automated solutions as a countermeasure. For example, a research conducted by AZoLifeSciences reveals that human error causes 30-86% of pre-analytical errors in labs. Laboratory automation is a procedure that employs automated laboratory tools and sophisticated analytical software, delivering accurate and exact results on a larger scale. It lowers the overall cost implicated in manual operations, and it provides credibility and accuracy to the data. Thus, the increasing interest in laboratory automation is predicted to stimulate growth in the laboratory informatics market throughout the forecast period.

Get Your Laboratory Informatics Market Report Here:
https://www.thebusinessresearchcompany.com/report/laboratory-informatics-global-market-report

What is the future CAGR of the laboratory informatics market, and how will it impact industry expansion?
The size of the laboratory informatics market has seen robust growth in the recent past. It is projected to escalate from $3.8 billion in 2024 to $4.03 billion in 2025, registering a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this growth during the historic period include the emergence of electronic lab notebooks, automation of laboratories, increased pharmaceutical research & development activities, the integration of various laboratory systems, and the increasing complexity of research.

The market for laboratory informatics is projected to experience a swift expansion in the upcoming years, with an estimation to reach $6.24 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.6%. The anticipated growth in the forecasted span is due to the rising adoption of cloud-based applications, mobile informatics solutions, and the globalisation of research collaborations, in addition to initiatives for data standardisation, a focus on environmental monitoring, and the ease of remote access and virtualisation. The emerging trends predicted to shape this market during the forecast period include the advancement of data visualizing tools, the integration across platforms, improved user experience, and the potential use of blockchain technology.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5952&type=smp

What are the most significant trends transforming the laboratory informatics market today?
The rise in technological innovation is an emerging trend observed in the laboratory informatics market. There is an increased level of investment in the creation of new advanced software suites by companies within this market, in an effort to cater to the unique operational requirements of laboratory clients worldwide. For instance, Biosero, Inc., a laboratory automation firm based in the US, introduced the Green Button Go software suite in February 2022. This suite features automated workflows that can be applicable to a single laboratory workstation or expanded to work across multiple labs. This innovation has multiple uses, including managing and planning various instruments and gadgets from a singular lab interface. It employs automation using a variety of algorithms and codes to record and deliver the outcomes.

Which key market segments comprise the laboratory informatics market and drive its revenue growth?
The laboratory informatics market covered in this report is segmented -

1) By Type: Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Chromatography Data Systems (CDS), Electronic Data Capture (EDC) And 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 And Beverage And Agriculture Industry, Petrochemical Refineries And Oil And Gas Industry, Environmental Testing Laboratories, Other Industries

Subsegments:
1) By Laboratory Information Management Systems (LIMS): Sample Management, Workflow Management, Quality Control
2) By Electronic Lab Notebooks (ELN): Data Capture, Collaboration Tools, Compliance Management
3) By Chromatography Data Systems (CDS): Data Acquisition, Data Analysis, Reporting And Compliance
4) By Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS): Data Collection, Data Validation, Clinical Trial Management
5) By Laboratory Execution Systems (LES): Workflow Automation, Resource Management, Compliance Tracking
6) By Enterprise Content Management (ECM): Document Management, Records Management, Digital Asset Management
7) By Scientific Data Management Systems (SDMS): Data Integration, Data Storage, Data Retrieval

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5952

What regions are at the forefront of laboratory informatics market expansion?
North America was the largest region in the laboratory informatics market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laboratory informatics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the laboratory informatics market?
Major companies operating in the laboratory informatics market include Thermo Fisher Scientific Inc., LabVantage Solutions Inc., LabWare Inc., STARLIMS Corporation, LabLynx Inc., Waters Corporation, Autoscribe Informatics, LABWORKS LLC, Cerner Corporation, McKesson Corporation, ID Business Solutions Limited, Arxspan LLC, Kinematik Ltd., RURO Inc., Accelerated Technology Laboratories Inc., Agilent Technologies Pvt. Ltd., PerkinElmer Inc., Dassault Systèmes SE, Novatek International Inc., LabArchives Inc., Bio-ITech BV, GenoLogics Life Sciences Software Inc., LabKey Corporation, LabSoft LIMS by Computing Solutions Inc., LIMS-plus, Promium LLC, Danaher Corporation, Siemens Healthineers AG, GE Healthcare Technologies Inc., Epic Systems Corporation

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5952&type=smp

What Is Covered In The Laboratory Informatics Global Market Report?

•Market Size Forecast: Examine the laboratory informatics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the laboratory informatics market for a structured understanding.
•Key Players Overview: Analyze major players in the laboratory informatics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the laboratory informatics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the laboratory informatics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the laboratory informatics market.
•Industry Challenges: Identify potential risks and obstacles affecting the laboratory informatics market.
•Competitive Landscape: Review strategic developments in the laboratory informatics market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.