Laboratory Information Management Systems Market by Product, Component & Deployment Model - 2021


Posted October 23, 2017 by swap123

Laboratory Information Management Systems Market report categorizes the global market by Component, Product (Industry-specific, Broad), Delivery, End User & Geography

 
The global laboratory information management system (LIMS) market is projected to reach USD 901.6 Million by 2021 from an estimated value of USD 634.0 Million in 2016 growing at a CAGR of 7.3% during the forecast period of 2016 to 2021. Factors such as need for regulatory compliance; growing LIMS adoption in biobanks/biorepositories, academic research institutes, CROs, and CMOs; technological advancements; growing R&D expenditure in pharmaceutical and biotechnology companies, and growing awareness through conferences & forums are propelling the growth of this market. Moreover, cloud-based LIMS and potential in emerging geographies are expected to offer a wide range of growth opportunities for the LIMS market. On the other hand, lack of integration standards and high maintenance cost & service expenses are the major factors that may limit growth of the market to a certain extent.

http://www.marketsandmarkets.com/Market-Reports/laboratory-information-management-systems-market-250610373.html

The laboratory information management system market in this report is segmented on the basis of product type, deployment model, component, industry, and region. Based on product type, the market is segmented into broad-based LIMS and industry-specific LIMS. The broad-based LIMS segment is expected to grow at the highest CAGR, as these systems are user-friendly, reduce total cost of ownership, provide faster return on investment, integrate seamlessly with other laboratory systems, and easily accessible throughout the enterprise

North America is expected to dominate the global market in 2016, with the U.S. accounting for a major share of this regional market. However, Asia is expected to grow at the highest CAGR during the forecast period, owing to the increasing R&D activities and the development of supporting infrastructure in research laboratories.

The prominent players in the market include Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), LabVantage Solutions, Inc. (U.S.), Abbott Informatics (U.S.), Core Informatics, LLC (U.S.), LabLynx, Inc. (U.S.), Labworks, LLC (U.S.), GenoLogics (Canada), Computing Solutions, Inc. (U.S.), and Autoscribe Informatics (U.K.).

Target Audience:

LIMS Vendors
Healthcare IT Service Providers
Research and Consulting Firms
Pharmaceutical and Biotechnology Companies
Process Industries
Venture Capitalists
Government Agencies
Academic Research Institutes
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By marketsandmarkets
Country India
Categories Medical
Tags laboratory information management system market
Last Updated October 23, 2017