Laboratory Informatics Market By Type (Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Laboratory Execution Systems (LES), Scientific Data Management Systems (SDMS), Others), By Component (Software, Services), By Delivery Mode (On-premise, Web-hosted and Cloud-based), By End User (Life Science Industries, Chemical Industries, Food and Beverage and Agriculture Industries, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Use of various technological tools for data gathering and analysis in a laboratory setting is referred to as laboratory informatics. This includes programs that use data analysis to benefit current research as well as store data that can be used in future projects. This field has grown rapidly as a result of cutting-edge technology that makes lab equipment more interactive and enables lab services to gather, analyze, and exchange data.
Major factors that drive the growth of the global laboratory informatics market include rapid technological advancements in molecular genomics & genetic testing and rise in the demand for lab automation. Furthermore, laboratory informatics software is used in research laboratories for discovery of medicine of various diseases. Therefore, increase in the number of patients suffering from chronic diseases such as heart diseases, cancer, diabetes, high blood pressure, and asthma increases the demand for laboratory informatics software in research regarding these diseases and boosts the growth of the laboratory informatics market.
However, the high cost of the lab management information system and lack of skilled professionals in the laboratory informatics-related industries are the major factors expected to impact the growth of the market in upcoming years. On the contrary, rapid development of healthcare infrastructure along with government’s support for digitalization of services in developing countries such as China and India is expected to create lucrative opportunities for the expansion of the global market in the future.
The global laboratory informatics market is segmented on the basis of type, component, delivery mode, and region to provide a detailed assessment of the market. Depending on type, the market is classified into laboratory information management system (LIMS), electronic lab notebook (ELN), laboratory execution system (LES), scientific data management system (SDMS), and others [electronic data capture (EDC) software, chromatography data system (CDS) software]. By component, it is classified into software and services. As per delivery mode, it is divided into on-premises and web-hosted & cloud-based. On the basis of end user, the market is classified into life science industries, chemical industries, food & beverages and agriculture industries, and others (environmental testing laboratories, metal & mining industries, petrochemical refineries, and oil & gas industries). The life science industries segment is further bifurcated into pharmaceutical & biotechnology companies, contract service organization, academic & research institute, and others (biobank & biorepositories and molecular diagnostics & clinical research laboratories).
Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The major players profiled in the report are Agilent Technologies Inc.; CrelioHealth Inc.; Illumina Inc.; LabLynx, Inc; LabWare, Inc; McKesson Corporation; PerkinElmer, Inc.; STARLIMS Corporation; Thermo Fisher Scientific Inc.; and Waters Corporation. These major players have adopted acquisition, collaboration, expansion, partnership, and product launch as key developmental strategies to improve the product portfolio of the laboratory informatics market.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the laboratory informatics market analysis from 2022 to 2032 to identify the prevailing laboratory informatics market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the laboratory informatics market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global laboratory informatics market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeElectronic Lab Notebooks (ELN)
Laboratory Execution Systems (LES)
Scientific Data Management Systems (SDMS)
Others
Laboratory Information Management Systems (LIMS)
By ComponentSoftware
Services
By Delivery ModeOn-premise
Web-hosted and Cloud-based
By End UserLife Science Industries
Type
Pharmaceutical and Biotechnology Companies
Contract Services Organizations
Academic and Research Institute
Others
Chemical Industries
Food and Beverage and Agriculture Industries
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
LabLynx, Inc.
LabWare, Inc.
Illumina Inc.
Agilent Technologies Inc.
CrelioHealth Inc.
Thermo Fisher Scientific Inc.
Waters Corporation
McKesson Corporation.
PerkinElmer, Inc
Starlims Corporation
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