Driving Laboratory Informatics Market Growth in 2025: The Role of Growing Demand For Laboratory Automation Fuels Laboratory Informatics Market Expansion

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Laboratory Informatics Market Size Growth Forecast: What to Expect by 2025?
The size of the laboratory informatics market has seen robust expansion in the previous years. It is projected to develop from a value of $3.8 billion in 2024, rising to $4.03 billion in 2025, following a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this upward trend during the historic period include an upswing in the use of electronic lab notebooks, the automation of laboratories, an increase in pharmaceutical R&D initiatives, system integration into laboratories, as well as the increasing complexity of research.

How Will the Laboratory Informatics Market Size Evolve and Grow by 2029?
The size of the laboratory informatics market is predicted to experience significant expansion in the coming years, reaching $6.24 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 11.6%. The projected growth within this timeframe is credited to elements such as the rising utilization of cloud-based solutions, mobile informatics solutions, the internationalization of research collaborations, initiatives aiming at data standardization, a focus on environmental monitoring, remote access, and virtualization. Key trends expected during the forecast period encompass advancements in tools for data visualization, integration across different platforms, an improved user experience, and the utilization of blockchain technology.

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What Drivers Are Propelling the Growth of Laboratory Informatics Market Forward?
The lab informatics market is predicted to expand due to the growing need for lab automation throughout the forecast duration. This growth is prompted by the high incidence of human mistakes in laboratory procedures, prompting lab organizations to adopt automated solutions. For example, a study by AZoLifeSciences indicates that human mistakes account for 30-86% of pre-analytical errors in labs. Lab automation utilizes automated laboratory equipment and advanced analytical software to provide precise and accurate results on a broader scale. This method enhances the data's reliability and accuracy, whilst reducing costs related to manual operations. Thus, the increasing demand for laboratory automation is projected to fuel the lab informatics market's growth during the prediction period.

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Which Emerging Trends Are Transforming the Laboratory Informatics Market in 2025?
The trend of technological development is currently witnessing a surge in popularity within the laboratory informatics market. Market players are progressively investing in creating advanced technology-based software suites in order to cater to the unique operational needs of lab customers worldwide. As a demonstrative example, Biosero, Inc., an American lab automation corporation, introduced the Green Button Go software suite in February 2022. This suite includes automated workflows for operations ranging from single workstations to functions across several labs. The suite's versatility is seen in its numerous applications, including the management and coordination of several lab instruments and devices through a single platform. The technology employs automation through the use of various algorithms and codes for storing and presenting results.

What Are the Key Segments in the Laboratory Informatics Market?
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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Who Are the Key Players Shaping the Laboratory Informatics Market's Competitive Landscape?
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 Healare Technologies Inc., Epic Systems Corporation

What Geographic Markets Are Powering Growth in the Laboratory Informatics Market?
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

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