Laboratory Information System Market is projected to grow at a CAGR of 6.92% during the forecasting period 2021-2027
The laboratory information system is a software solution that involves recording, managing, and storing the data related to the laboratory information in the clinical laboratories. Laboratory information system allows effective management of research samples and data related to a sample. The laboratory information system data is shareable across various healthcare domains.

The laboratory information system is a software solution which contains managing, recording, and storing the information associated with the laboratory data within the clinical laboratories. Laboratory information system allows effective management of research samples and data associated with a sample. The laboratory information system data is shareable across many healthcare domains.

Based on delivery mode, the market is divided into On-premise laboratory information system and Cloud-based laboratory information system. The on-premise laboratory information system segment is projected to have a high share in the laboratory information system market.

The market also segregated on lines of product type standalone laboratory information system and integrated laboratory information system. The laboratory information system market based on components is segmented into services and software. Based on end-users, the hospital laboratories segment is projected to propel the market share. Hospital laboratories enabled turning down the waiting time for patients and for the better quality of diagnostics. In addition, a laboratory information system enables interaction with experts and also is able to share the digital slide images of specimens.

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Laboratory Information System Market, By Delivery Mode
Key Points
On-premise LIS
Cloud-based LIS
Laboratory Information System Market, By Product
Key Points
Standalone LIS
Integrated LIS
Laboratory Information System Market, By Component
Key Points
Services
Software
Laboratory Information System Market, By End-user
Hospital laboratories
Independent laboratories
Physician office laboratories
Other end-users

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