Laboratory Information Management System Market Size, Share, Analysis Report

Laboratory Information Management System Market Size by Component (Software, Services), By Type (Industry-Specific LIMS, Broad-Based LIMS), By Deployment Model (Remotely Hosted LIMS, Cloud-Based LIMS, On-Premise LIMS), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global laboratory information management systems (LIMS) market is expected to reach US$ 2 billion by 2028 at a CAGR of 12%

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MARKET SNAPSHOT

Major Players

  • Genologics Inc.
  • Labworks LLC
  • Dassault Systèmes
  • Siemens
  • Accelerated Technology Laboratories
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    12

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Laboratory Information Management System may be a software-based laboratory and information management system including features which support a modern laboratory’s operations. Key features contain data tracking support, flexible architecture, and data exchange interfaces, that can fully support its use in controlled environments. The features and uses of a LIMS have advanced from simple sample tracking to an enterprise resource planning tool which manages multiple aspects of laboratory informatics. Increasing demand for lab automation because of high importance on using the modern laboratory systems for maximum efficiency is pouring the global laboratory information management system market.  Government support finished grant of funds for procuring quality laboratory information management system are enhancing the laboratory information management system market. Other factors improving the market contain improving drug discoveries, rapidly rise in disease outbreaks, and rise in difficulty regarding use of specific equipment. But high investment essential for the procurement of laboratory information management system and research & development happenings is likely to basket the laboratory information management system market. However, the picture is soon anticipated to change as numerous service workers companies are gradually introducing cost-effective laboratory information management system for consumption in various sectors. This is predicted to create new opportunities in the market.

    The global laboratory information management systems (LIMS) market is expected to reach US$ 2 billion by 2028 at a CAGR of 12%

    The global Laboratory Information Management System market is segregated on the basis of Component as Software and Services. Based on Type the global Laboratory Information Management System market is segmented in Industry-Specific LIMS and Broad-Based LIMS. Based on Deployment Model the global Laboratory Information Management System market is segmented in Remotely Hosted LIMS, Cloud-Based LIMS, and On-Premise LIMS.

    The global Laboratory Information Management System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Laboratory Information Management System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Genologics, Inc., Labworks LLC, Dassault Systèmes, Siemens, Accelerated Technology Laboratories, Labware, Thermo Fisher Scientific, Abbott Informatics, Labvantage, Lablynx, and others are among the major players in the global Laboratory Information Management System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Laboratory Information Management System Market has been segmented as below:

    Laboratory Information Management System Market, By Component

    • Software
    • Services

    Laboratory Information Management System Market, By Type

    • Industry-Specific LIMS
    • Broad-Based LIMS

    Laboratory Information Management System Market, By Deployment Model

    • Remotely Hosted LIMS
    • Cloud-Based LIMS
    • On-Premise LIMS

    Laboratory Information Management System Market, By Region

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

    Laboratory Information Management System Market, By Company

    • Genologics, Inc.
    • Labworks LLC
    • Dassault Systèmes
    • Siemens
    • Accelerated Technology Laboratories
    • Labware
    • Thermo Fisher Scientific
    • Abbott Informatics
    • Labvantage
    • Lablynx
    • Autoscribe Informatics
    • Computing Solutions

    The report covers:

    • Global Laboratory Information Management System market sizes from 2022 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Laboratory Information Management System market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Laboratory Information Management System market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Laboratory Information Management System market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Laboratory Information Management System market share. Major industry players with significant revenue share include Genologics, Inc., Labworks LLC, Dassault Systèmes, Siemens, Accelerated Technology Laboratories, Labware, Thermo Fisher Scientific, Abbott Informatics, Labvantage, Lablynx, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Laboratory Information Management System industry trends
    • Find complete analysis on the market status
    • Identify the Laboratory Information Management System market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent developments in Laboratory Information Management System Market are as follows:

    Abbott Informatics

    • 06-2020: Abbott Informatics a division of Abbott, supports inclusive laboratory data management needs across an organization through their STARLIMS solution product suite.
    • 04-2019: Abbott Informatics is delighted to declare important updates to version 11.7 of the world-class STARLIMS Technology Platform.

    Siemens

    • 07-2020: Siemens will launch mobile working as a core component of its “new normal” and will variety it a permanent standard, both during the global pandemic and beyond.
    • 06-2020: Siemens Limited declared that it is increasing its Sitrain Digital Industry Academy portfolio to contain new digital learning offering – ‘Sitrain access’. SITRAIN access is the digital learning platform for industry.

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Laboratory Information Management System Market, By Component
        5.1 Introduction
        5.2 Software
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Services
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast

    6. Laboratory Information Management System Market, By Type
        6.1 Introduction
        6.2 Industry-Specific LIMS
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Broad-Based LIMS
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast

    7. Laboratory Information Management System Market, By Deployment Model
        7.1 Introduction
        7.2 Remotely Hosted LIMS
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Cloud-Based LIMS
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 On-Premise LIMS
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast

    8. Laboratory Information Management System Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Laboratory Information Management System, By Component
            8.2.2 North America Laboratory Information Management System, By Type
            8.2.3 North America Laboratory Information Management System, By Deployment Model
        8.3 Europe
            8.3.1 Europe Laboratory Information Management System, By Component
            8.3.2 Europe Laboratory Information Management System, By Type
            8.3.3 Europe Laboratory Information Management System, By Deployment Model
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Laboratory Information Management System, By Component
            8.4.2 Asia-Pacific Laboratory Information Management System, By Type
            8.4.3 Asia-Pacific Laboratory Information Management System, By Deployment Model
        8.5 Rest of the World
            8.5.1 Rest of the World Laboratory Information Management System, By Component
            8.5.2 Rest of the World Laboratory Information Management System, By Type
            8.5.3 Rest of the World Laboratory Information Management System, By Deployment Model

    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            9.3.5 Others

    10. Company Profiles
        10.1 Genologics, Inc.
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Labworks LLC
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Dassault Systèmes
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 Siemens
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Accelerated Technology Laboratories
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 Labware
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 Thermo Fisher Scientific
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 Abbott Informatics
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 Labvantage
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 Lablynx
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments
              10.11 Autoscribe Informatics
                           10.11.1 Company Overview
            10.11.2 Product/Service Landscape
            10.11.3 Financial Overview
            10.11.4 Recent Developments
               10.12 Computing Solutions
                           10.12.1 Company Overview
            10.12.2 Product/Service Landscape
            10.12.3 Financial Overview
            10.12.4 Recent Developments

    The Laboratory Information Management System Market has been segmented as below:

    Laboratory Information Management System Market, By Component

    • Software
    • Services

    Laboratory Information Management System Market, By Type

    • Industry-Specific LIMS
    • Broad-Based LIMS

    Laboratory Information Management System Market, By Deployment Model

    • Remotely Hosted LIMS
    • Cloud-Based LIMS
    • On-Premise LIMS

    Laboratory Information Management System Market, By Region

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

    Laboratory Information Management System Market, By Company

    • Genologics, Inc.
    • Labworks LLC
    • Dassault Systèmes
    • Siemens
    • Accelerated Technology Laboratories
    • Labware
    • Thermo Fisher Scientific
    • Abbott Informatics
    • Labvantage
    • Lablynx
    • Autoscribe Informatics
    • Computing Solutions

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 12% during the study period (2023-2028)
    The global laboratory information management systems market is expected to reach USD 2 billion by 2028
    The segment included in the laboratory information management systems (LIMS) market is Component, Type, Deployment Model, Company and region.
    Some key players operating in the laboratory information management systems (LIMS) market include Glaxosmithkline PLC, Merck & Co., Inc., Abbvie Inc., F. Hoffmann-La Roche, Astrazeneca, Pfizer, Inc., Novartis AG, Sanofi, Boehringer Ingelheim, Bristol-Myers Squibb
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