Laboratory Information Management System Market By Product (Web hosted, On Premise, Cloud based) Component (Services, Software) End User (CROs, Chemical Industry, Environmental Testing Laboratories, Life Sciences, Petrochemical Refineries & Oil and Gas Industry, Food and Beverage and Agriculture Industries, Other) - Global Industry Analysis & Forecast to 2025

Industry Outlook and Trend Analysis

The Laboratory Information Management System Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Laboratory information management system is a solution that is software-based arrangement that causes in the everyday lab activities. Laboratory information management systems are commonly alluded to as laboratory management system (LMS) or laboratory information system (LIS). Laboratories the world over rely upon a lab data the board framework to assign rights, manage data, and manage stock.

Drivers and Restraints

Increasing demand for lab mechanization because of high accentuation on utilizing the most recent research center frameworks for greatest proficiency is driving the worldwide laboratory information management system market. Support from the government through funds for getting quality laboratory information management system is another considerable factor boosting the development of the market. Other variables boosting the market incorporate enhancing drug disclosures, quickly increment in disease outbreaks, and ascend in advancement with respect to utilization of explicit equipment. Nonetheless, increasing investment needed for the obtainment of laboratory information management system and research and advancement exercises is probably going to hinder the lab data the board framework market.

Regional Insights

North America captured over 45.00% of the market in 2017. The locale will hold its position in the worldwide field through 2025, on account of steady strategies encouraging the adoption of laboratory automation, for example, EHR programs.

By Region


North America


U.S.
Canada
Mexico


Europe

Germany
UK
France
Russia
Italy
Rest of Europe


Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific


South America

Brazil
Argentina
Columbia
Rest of South America


Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA




Competitive Analysis

The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.


LabWare
Abbott Informatics
LabLynx, Inc.
Genologics
Siemens AG
Thermo Fisher Scientific Inc.
LabVantage Solutions, Inc
Autoscribe Informatics
Labworks
Accelerated Technology Laboratories


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?