Key Findings
Laboratory Information Systems (LIS) are software systems mainly used to record, manage, and store the data for specialty labs and clinics. The global market is predicted to rise with a CAGR of 9.65% during the forecast period of 2017-2025. Some of the important factors responsible for this market growth are the growing demand from emerging economies, the rise of Cloud-based laboratory information system usage, high R&D investments, etc.

Market Insights
The global laboratory information systems market is segmented depending on its component, end-user, deployment and product type. The components are further segmented into Software and Services. The end-users for the market comprise of the hospitals, independent laboratories, physician office laboratories, etc. The deployment mode is further segmented into on-premises, cloud-based and web-based and the products are further classified as standalone and integrated.

Regional Insights
The global laboratory information systems market is mainly divided into 4 major regions: North America (U.S. & Canada), Europe (Spain, Germany, France, UK, RoE), Asia Pacific (India, China, Australia, Japan, RoAPAC) and the Rest of World (Latin America, Middle East & Africa). The North American region is dominating the global market at present because of the various technological advancements and the growing healthcare sector. The Asia Pacific region is also expected to show a rapid growth over the forecast period.

Competitive Insights
3m Company, Aac Infotray AG, Abbott Informatics (Starlims), Autoscribe Informatics Inc, Baytek International, Cerner Corporation, Compugroup Medical AG, Epic Systems Corporation ,Evident, Genologics – Illumina, H&A Scientific, Labvantage Solutions Inc, Labware Inc, Mckesson Corporation, Medical Information Technology, Inc, Merge Healthcare Incorporated, Novatek International, Orchard Software Corporation, PerkinElmer, Roper Technologies, Inc, Scc Soft Computer, Sunquest Information Systems, Inc. (Acquired By Roper Technologies, Inc.), Swisslab Gmbh and Thermo Fisher Scientific are some of the leading market companies.