Global Laboratory Information Management System (LIMS) Market Growth (Status and Outlook) 2023-2029

Global Laboratory Information Management System (LIMS) Market Growth (Status and Outlook) 2023-2029

A LIMS is a software-based system with features that support a modern laboratory's operations. Key features include workflow and data tracking support, flexible architecture, and smart data exchange interfaces and more. The features and uses of a LIMS have evolved over the years from simple sample tracking to an enterprise resource-planning tool that manages multiple aspects of laboratory informatics. The LIMS is an evolving concept, with new features and functionality being added often.

LPI (LP Information)' newest research report, the “Laboratory Information Management System (LIMS) Industry Forecast” looks at past sales and reviews total world Laboratory Information Management System (LIMS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Laboratory Information Management System (LIMS) sales for 2023 through 2029. With Laboratory Information Management System (LIMS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laboratory Information Management System (LIMS) industry.

This Insight Report provides a comprehensive analysis of the global Laboratory Information Management System (LIMS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laboratory Information Management System (LIMS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Laboratory Information Management System (LIMS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laboratory Information Management System (LIMS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laboratory Information Management System (LIMS).

The global Laboratory Information Management System (LIMS) market size is projected to grow from US$ 869.7 million in 2022 to US$ 1489.3 million in 2029; it is expected to grow at a CAGR of 8.0% from 2023 to 2029.

Global Laboratory Information Management System (LIMS) key players include Thermo Scientific, LabWare, LabVantage Solutions, LABWORKS, etc. Global top four manufacturers hold a share over 50%.

North America is the largest market, with a share about 45%, followed by Europe, and Asia-Pacific, both have a share about 40 percent.

In terms of product, Cloud-based LIMS is the largest segment, with a share over 50%. And in terms of application, the largest application is Pharmaceutical, followed by Life Sciences Industrial, Chemical Industrial, Academic Research Institutes, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Laboratory Information Management System (LIMS) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

On-premise LIMS

Cloud-based LIMS

Segmentation by application

Pharmaceutical

Life Sciences Industrial

Academic Research Institutes

Food and Beverage

Oil and Gas

Chemical Industrial

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Thermo Scientific

LabWare

LabVantage Solutions

Genologics

LABWORKS

Abbott Informatics

Accelerated Technology Laboratories

CloudLIMS

Ocimum Biosolutions

ApolloLIMS (Common Cents Systems)

Caliber

Khemia Software

RURO

Apex Healthware

LabLogic Systems

Quality Systems International

LabLynx

Blaze Systems

Freezerworks

Please note: The report will take approximately 2 business days to prepare and deliver.