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Laboratory Informatics Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
The Laboratory Informatics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Laboratory Informatics Market Size and Its Estimated Growth Rate?
The market size for laboratory informatics has seen robust growth in the past few years. The projected growth is 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 historical period include the emergence of electronic lab notebooks, automated laboratories, escalated pharmaceutical research and development activities, system integration in laboratories, and the increasing intricacy of research.
It is predicted that the laboratory informatics market will experience a swift expansion in the coming years, with an expected value of $6.24 billion in 2029 and a compound annual growth rate (CAGR) of 11.6%. This growth during the forecasting period can be ascribed to the increasing adoption of cloud-based and mobile informatics solutions, global research collaborations, data standardization initiatives, a focus on environmental surveillance, and the deployment of remote accessibility and virtualization. Foreseen trends for this period include improvements in data visualization tools, cross-platform integration, better user experience, and the examination of blockchain technology.
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How Are Emerging Segments Shaping the Laboratory Informatics Market Landscape?
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
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Which Growth Factors Are Influencing Laboratory Informatics Market Expansion?
The surge in the requirement for lab automation is anticipated to fuel the expansion of the laboratory informatics market within the predictive timeline. The commonality of human errors in lab functions has prompted laboratory institutions to transition towards automated solutions. For instance, a report released by AZoLifeSciences indicated that human errors account for between 30-86% of pre-analytical activities in labs. Laboratory automation utilizes automated lab equipment and sophisticated analytical software to generate precise and accurate results on a large scale. It enhances the data's accuracy and trustworthiness by reducing the total costs tied to manual operations. Thus, the rising demand for lab automation is anticipated to propel the laboratory informatics market growth within the forecasted period.
Who Are the Dominant Players Across Different Laboratory Informatics Market Segments?
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
What Are the Latest Developing Trends in the Laboratory Informatics Market?
The surge of technological innovations is a notable trend in the laboratory informatics market. Firms in this sector are progressively putting more resources into developing cutting-edge software suites, tailored to fit specific needs of lab customers globally. For example, in February 2022, Biosero, Inc., an American laboratory automation company, introduced the Green Button Go software suite. This new offering includes automated workflows for anything from an individual workstation to operations across multiple labs. The software is multifunctional, capable of managing and scheduling various lab instruments and devices from a single platform. It accomplishes this through automation, utilizing different algorithms and codes to compile and provide results.
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Which Geographic Regions Are Expected to Dominate the Laboratory Informatics Market in the Coming Years?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Laboratory Informatics Market?
2. What is the CAGR expected in the Laboratory Informatics Market?
3. What Are the Key Innovations Transforming the Laboratory Informatics Industry?
4. Which Region Is Leading the Laboratory Informatics Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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