Laboratory Informatics Market Size, Share, Analysis Report

Laboratory Informatics Market By Product Analysis (LIMS, SDMS, ELN, LES, EDS & CDMS, ECM, CDS); By Delivery Analysis (Web-hosted, Cloud-based, On-Premise); By Component Analysis (Software, Services); By End User Analysis (Life Science Companies, Chemical industry, CROs, Petrochemical Refineries and Oil &d Gas Industry, Food & Beverage and Agriculture Industries) and By Regional Analysis – Global Forecast by

The Global Laboratory Informatics Market is expected to be around US$ 3.8 Billion by 2027 at a CAGR of 6.2% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

6

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

Laboratory informatics is characterized as the specialized application of information technology to advance and broaden lab operations. The market is expected to witness development because of the rising interest of scientific data integration results among the end-utilize businesses. Laboratory informatics market is comprehensively fragmented into life sciences, chemicals, petrochemical refineries and oil and gas, food & beverage and agriculture, ecological testing, and different ventures. Other sectors include forensic and metal and mining labs. The life sciences sector is relied upon to command the market. The phenomenal accuracy and efficiency of consequences provided via the structures available within the worldwide laboratory informatics market are projected to gain growth.

How Big is The Global Laboratory Informatics Market?

The Global Laboratory Informatics Market is expected to be around US$ 3.8 Billion by 2027 at a CAGR of 6.2% in the given forecast period.

The major driving factors of Global Laboratory Informatics Market are as follows:

  • Demand and need for laboratory automation is growing
  • Growth Opportunities for cloud based laboratory informatics
  • Decreasing rate of laboratory informatics solutions
  • Technical advancements
  • Emerging economies are offering significant growth potential
  • Increasing acceptance in biobanks/biorepositories

The restraining factors of Global Laboratory Informatics Market are as follows:

  • Lack of skilled professionals
  • Initial setup cost
  • Need of integration values for laboratory informatics

The Global Laboratory Informatics Market is segmented on the lines of its product, delivery, component, end user and regional. Based on product segmentation it covers LIMS, SDMS, ELN, LES, EDS & CDMS, ECM and CDS. Under delivery segmentation it covers web hosted, cloud-based and on-premise delivery. Component segmentation contains software and services. Based on end user segmentation it covers life science companies, chemical industry, CROs, petrochemical refineries and oil and gas industry, food & beverage and agriculture industries and others. The Global Laboratory Informatics Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for Laboratory Informatics and related technologies.

2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.

3) Identifications of new market opportunities and targeted promotional plans for Global Laboratory Informatics Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for Global Laboratory Informatics Market with the reasons given for variations in the growth of the industry in certain regions.
 
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Core Informatics, LabWare, Cerner Corporation, PerkinElmer, Inc., LabVantage Solutions, Inc., LabLynx, Inc., Agilent Technologies, Thermo Fisher Scientific Inc., ID Business Solutions Ltd., McKesson Corporation, Waters Corporation, and Abbott Informatics. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
 
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Laboratory Informatics Market has been segmented as below:

By Product Analysis

  • LIMS
  • CDS
  • ELN
  • LES
  • SDMS
  • EDS & CDMS
  • ECM

By Delivery Analysis

  • Web-hosted
  • Cloud-based
  • On-Premise

By Component Analysis

  • Software
  • Services

By End User Analysis

  • Food & Beverage and Agriculture Industries
  • Chemical industry
  • Life Science Companies
  • Petrochemical Refineries and Oil &d Gas Industry
  • CROs
  • Others

Reasons to Buy this Report:
 
1) Obtain the most up to date information available on all Global Laboratory Informatics Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Laboratory Informatics Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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1    INTRODUCTION    

    1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources

2 Research Methodology 

    2.1 Market Size Estimation 
    2.2 Market Breakdown and Data Triangulation 
    2.3 Key Data From Secondary Sources 
    2.4 Key Data From Primary Sources 
    2.5 Assumptions for the Study

3 Executive Summary 

4 Premium Insights 

    4.1 Market Overview 
    4.2 Market, By Product Type 
    4.3 Market, By Component 
    4.4 Market, By Deployment Model 
    4.5 Market, By Industry 
    4.6 Market: Geographic Snapshot

5 Market Overview 

    5.1 Introduction 
    5.2 Market Segmentation 
           5.2.1 Laboratory Informatics Market, By Region
    5.3 Market Dynamics 
           5.3.1 Market Drivers
                    5.3.1.1 Increasing Need for Laboratory Automation
                    5.3.1.2 Technological Advancements
                    5.3.1.3 Decreasing Cost of Laboratory Informatics Solutions
                    5.3.1.4 Rising Pressure to Comply With Regulatory Requirements
                    5.3.1.5 Growing Adoption in Biobanks/Biorepositories, Academic Research Institutes, and Contract Service Organizations
           5.3.2 Market Restraints
                    5.3.2.1 Lack of Integration Standards for Laboratory Informatics
                    5.3.2.2 Dearth of Trained Professionals
           5.3.3 Market Opportunities
                    5.3.3.1 Cloud-Based Laboratory Informatics Offer Growth Opportunities
                    5.3.3.2 Significant Growth Potential in Emerging Countries
           5.3.4 Market Challenge
                    5.3.4.1 Interfacing Challenges With Laboratory Instruments
    5.4 Porter’s Five Forces Analysis 
           5.4.1 Threat of New Entrants
           5.4.2 Threat of Substitutes
           5.4.3 Bargaining Power of Suppliers
           5.4.4 Bargaining Power of Buyers
           5.4.5 Intensity of Competitive Rivalry

6 Laboratory Informatics Market, By Product Type 

    6.1 Introduction 
    6.2 Laboratory Information Management Systems (LIMS) 
    6.3 Electronic Lab Notebooks (ELN) 
    6.4 Chromatography Data Systems (CDS) 
    6.5 Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS) 
    6.6 Laboratory Execution Systems (LES) 
    6.7 Enterprise Content Management (ECM) 
    6.8 Scientific Data Management Systems (SDMS)

7 Laboratory Informatics Market, By Component

    7.1 Introduction 
    7.2 Services 
    7.3 Software

8 Laboratory Informatics Market, By Deployment Model

    8.1 Introduction 
    8.2 On-Premise Model 
    8.3 Cloud-Based Model 
    8.4 Remotely Hosted

9 Laboratory Informatics Market, By Industry

    9.1 Introduction 
    9.2 Life Sciences Industry 
           9.2.1 Pharmaceutical and Biotechnology Companies
           9.2.2 Biobanks & Biorepositories
           9.2.3 Molecular Diagnostics (MDX) & Clinical Research Laboratories
           9.2.4 Contract Service Organizations(CROS & CMOS)
           9.2.5 Academic Research Institutes
    9.3 Chemical Industry 
    9.4 Food & Beverage and Agriculture Industries 
    9.5 Petrochemical Refineries and Oil & Gas Industry 
    9.6 Environmental Testing Laboratories 
    9.7 Other Industries

10 Laboratory Informatics Market, By Region

     10.1 Introduction 
     10.2 North America 
             10.2.1 U.S.
             10.2.2 Canada
     10.3 Europe 
             10.3.1 Germany
             10.3.2 U.K.
             10.3.3 France
             10.3.4 Rest of Europe (RoE)
     10.4 Asia 
             10.4.1 Japan
             10.4.2 China
             10.4.3 India
             10.4.4 Rest of Asia
     10.5 Rest of the World

11 Competitive Landscape

     11.1 Overview 
     11.2 Market Share Analysis 
     11.3 Competitive Situations and Trends 
             11.3.1 New Product Launches & Upgrades
             11.3.2 Partnerships, Strategic Alliances, Agreements, and Collaborations
             11.3.3 Expansions
             11.3.4 Acquisitions

12 Company Profiles 

     12.1 Introduction 
     12.2 Abbott Informatics (A Subsidiary of Abbott Laboratories) 
     12.3 Lablynx, Inc.
     12.4 Labvantage Solutions, Inc. 
     12.5 Core Informatics, LLC 
     12.6 Perkinelmer, Inc. 
     12.7 Waters Corporation 
     12.8 Agilent Technologies, Inc. 
     12.9 ID Business Solutions Ltd. 
     12.10 Thermo Fisher Scientific, Inc. 
     12.11 Labware, Inc. 

The Global Laboratory Informatics Market has been segmented as below:

By Product Analysis

  • LIMS
  • CDS
  • ELN
  • LES
  • SDMS
  • EDS & CDMS
  • ECM

By Delivery Analysis

  • Web-hosted
  • Cloud-based
  • On-Premise

By Component Analysis

  • Software
  • Services

By End User Analysis

  • Food & Beverage and Agriculture Industries
  • Chemical industry
  • Life Science Companies
  • Petrochemical Refineries and Oil &d Gas Industry
  • CROs
  • Others

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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The market is expected to grow at a CAGR of 6.2% during the study period (2022-2027)
The Global Laboratory Informatics Market is expected to be around US$ 3.8 Billion by 2027.
The segment included in Laboratory Informatics Market is Product, Delivery, Component, End User region.
Some key players operating in the Laboratory Informatics Market include Core Informatics, LabWare, Cerner Corporation, PerkinElmer, Inc., LabVantage Solutions, Inc., LabLynx, Inc., Agilent Technologies, Thermo Fisher Scientific Inc
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