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09-Feb-2021

Laboratory Informatics Market CAGR of 6.8% For forecast period of 2021- 2027

“Global Laboratory Informatics Market–Industry Trends, Analysis and Forecast to 2027” New Research Report Added to Databridgemarketresearch. This report is provided with complete 350 pages,220 list of tables, 60 no of figures and also infographics. This Laboratory Informatics report also endows with the company profile, product specifications, production value, manufacturer’s contact information and market shares for the company. This market research report will definitely help in growing sales with new thinking, new skills, and innovative programs and tools. All the data, statistics, and information gathered to generate this report has been studied and analysed with the established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. The study conducted in Laboratory Informatics market report takes into account heterogeneous markets in accord with the requirement of  industry and scoop out the finest possible solutions and detailed information about the market trends.

Global Laboratory Informatics Market is expected to rise from its initial estimated value of USD 3.26 billion to an estimated value of USD 5.52 billion by 2026, registering a CAGR of 6.8% in the forecast period of 2019-2026. This rise in market value can be attributed to the development of integrated lab informatics.

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Market Analysis And Insights:

Laboratory informatics is  application of information which are related to  platform of instruments, software, and data management tools that allow scientific data to be captured, processed, and interpreted for immediate use, as well as stored, managed, and shared to support for future research and development.Increasing in adoption of laboratory information management systems (LIMS) this helps hospital-based labs to reduce incidence of diagnostic errors and manage high data volumes the adoption of laboratory informatics in the U.S. This significant change expected act as a driver to the market growth.

Market Drivers

  • There is rise in need for laboratory automation this is working as market driver.
  • There is an increase in demand of biobanks/biorepositories and academic research institutes this is working as market driver.

Market Restraints

  • Lack of integration standards is expected to act as a restraint to the market growth.
  • There is lack of trained professionals in laboratory information which is expected to act as a restraint to the market growth.

Top Key Players Of The Market:

  • Thermo Fisher Scientific, Inc. (US)
  • LabWare (US)
  • LabVantage Solutions, Inc. (US)
  • Abbott Laboratories. (US)
  • Waters (US)
  • Agilent Technologies, Inc. (US)
  • IDBS (UK)
  • PerkinElmer Inc. (US)
  • Autoscribe Informatics (UK)

Reasons to Purchase this Report

  • Current and future of global laboratory informatics market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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This Global Laboratory Informatics Market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research portable oxygen concentrators market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Table Of Content: Global Laboratory Informatics Market Research Report

The report is mainly segmented into several key regions, with sales, revenue, market share and growth rate of Laboratory Informatics in these regions, from 2021 to 2027, covering:

  • Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
  • Executive Summary: It covers industry trends with high focus on market use cases and top market trends, Laboratory Informatics market share by regions, and global market size. It also covers market share and growth rate by regions.
  • Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
  • Breakdown by Segmentation: This section provides details about Laboratory Informatics market size by product and application.
  • Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
  • Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
  • Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
  • Key Findings of the Research Study
  • Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

Laboratory Informatics Market: Segmentation

  • By Product Type
    • Laboratory Information Management Systems (LIMS)
    • Electronic Lab Notebooks (ELN)
    • Scientific Data Management Systems (SDMS)
    • Laboratory Execution Systems (LES)
    • Clinical Data Management Systems (CDMS)
    • Chromatography Data Systems (CDS)
  • By Deployment
    • On-Premise
    • Cloud-Based
    • Remotely Hosted
  • By Component
    • Software
    • Services

Key Developments in the Market:

  • In December 2018, Thermo Fisher Scientific Inc. announced that Thermo Fisher’s acquired Gatan, Inc. as a wholly owned subsidiary of Roper. Both parties continue to work cooperatively with the CMA through the review process
  • In October 2018 Abbott Informatics announced that launched of STARLIMS Solution which serves the life sciences industry. Abbott Informatics (AI) provides leading Laboratory Information Management Systems (LIMS) solutions that have served customers around the world for more than 30 years. This will expand Abbott Portfolio.

This Report Lets You Identify The Opportunities In Laboratory Informatics Market Size By Means Of A Region:

  • North America (the United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
  • South America (Brazil etc.)
  • The Middle East and Africa (North Africa and GCC Countries)

Competitive Landscape and Laboratory Informatics Market Share Analysis

Few of the major competitors currently working in the f laboratory informatics market are Thermo Fisher Scientific, Inc. (US), LabWare (US), LabVantage Solutions, Inc. (US), Abbott Laboratories. (US), Waters (US), Agilent Technologies, Inc. (US), IDBS (UK), PerkinElmer Inc. (US), Autoscribe Informatics (UK), Arxspan LLC (US), Dassault Systèmes (France), RURO Inc. (US), Kinematik (Ireland), LabLynx, Inc. (US), and LABWORKS (US) Cerner Corporation (US), McKesson Corporation (US), Thermo Fisher Scientific Inc.(US), Scientific Repair (US) and Bargal Analytical Instruments( Israel).

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The Key Questions Answered In This Report:

  • What will be the Market Size and Growth Rate in the forecast year?
  • What are the Top impacting factors & major investment pockets are highlighted in the research?
  • What are the Risks and Challenges in front of the Laboratory Informatics industry?
  • What are the Factors influencing the market shares?
  • What are the Key Outcomes of Porter’s five forces model?
  • Which are the Opportunities for Expanding the Laboratory Informatics Market?
  • What impact does COVID-19 have made on Global Laboratory Informatics Growth & Size?
  • Who are the Leading key players and what are their Key Business plans in the Global Laboratory Informatics?

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Last Updated: 09-Feb-2021