Global Scientific Data Management System (SDMS) Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Scientific Data Management System (SDMS) is a software tool for centralized document management system, which collects, stores and classifies the data generated by scientific laboratories. Scientific data management system software can handle a large number of unstructured data. With SDMS software, scientists, laboratory researchers, analysts and others can store laboratory data, speed up workflow and optimize collaboration among people. SDMS can be deployed in any type of laboratory and research institution (clinical, research, contract or pharmaceutical) to achieve and ensure data integrity and compliance, and maintain a single source of facts.
Market Overview:
The latest research study on the global Scientific Data Management System (SDMS) Software market finds that the global Scientific Data Management System (SDMS) Software market reached a value of USD 1678.99 million in 2022. It’s expected that the market will achieve USD 3918.18 million by 2028, exhibiting a CAGR of 15.17% during the forecast period.
Market Drivers
Technological development promotes market growth The integration of Internet, cloud technology, mobile applications, artificial intelligence and other digital technologies with supply chain will promote the development of Scientific Data Management System (SDMS) software market. Due to advanced digital technology, institutions in various regions are adopting digital supply chain management options. These intelligent technologies will improve service quality and asset efficiency, and eliminate human and machine errors. In addition, smart devices have become the preferred working channel for employees, which leads to more and more software being adopted and implemented in daily life and work. The application of software in digital management industry meets the requirements of intelligence and paperless, which is beneficial to the further development of digital management. It can speed up research, improve the level of scientific research collaboration, preserve research data for a long time, and provide intellectual property protection. It is expected that the development of technology will create a favorable environment for the growth of scientific data management system (SDMS) software market.
Market Challenges
Industry entry barriers are high Scientific data management system (sdms) software has high barriers to entry, and new entrants will face three core barriers such as technology, talents and brand:
Technical barriers: scientific data management system (sdms) software products need to master cross-system, cross-terminal, cross-industry platform technology, software development technology, application customization and deployment technology, etc. according to the development trend of emerging technologies, as well as the characteristics of data management industry and operation management requirements. the accumulation of related technologies is a long-term practice verification process, and the technical threshold is relatively high.
Talent barrier: The design, development and implementation of Scientific Data Management System (SDMS) software requires that developers and implementers should not only master software development technology, but also be familiar with data management business processes and industry characteristics. These professionals not only need to accumulate long-term project practical experience, but also need to have rich software development experience. The first entrants have accumulated a relatively large number of professionals, and it is difficult for new entrants to gather excellent R&D and professional service teams in a short time.
Brand Barriers: The users of Scientific Data Management System (SDMS) software involve laboratories, research institutions and hospitals of different scales and regions, etc. The application process will not only involve all aspects of daily operation of various institutions, so most customers have certain requirements for the popularity of software suppliers. New entrants will find it difficult to occupy a favorable position in the fierce market competition due to lack of successful cases and brand awareness.
Region Overview:
North America had the highest growth rate of all regions.
Company Overview
Abbott is one of the major players operating in the Scientific Data Management System (SDMS) Software market, holding a share of 4.42% in 2020.
Abbott is a global healthcare leader that helps people live more fully at all stages of life.
Abbott's life-changing technology portfolio covers healthcare, with leading businesses and products in diagnosis, medical devices, nutrition and branded generic drugs.
Thermofisher Scientific Inc. is a provider of scientific instruments, reagents and consumables, software and services in the United States, providing services for medical care, life sciences and other laboratories in academia, government and industry (including biotechnology and pharmaceutical fields).
Segmentation Overview:
By type, Cloud-Based segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Laboratory segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Scientific Data Management System (SDMS) Software market covered in Chapter 3:
AcquiData
Noraxon
QIAGEN
LabVantage Solutions Inc.
ResearchSpace
StackWave
LabLynx
Abbott
iVention
Waters Corporation
Shimadzu Corporation
BC Platforms
SciCord
Topos Technology
MediaLab
Benchling
Agaram Technologies
Flywheel.io
Thermo Fisher Scientific
Advanced Chemistry Development
FINK & PARTNER
LabKey
Dotmatics
In Chapter 4 and Chapter 14.2, on the basis of types, the Scientific Data Management System (SDMS) Software market from 2018 to 2029 is primarily split into:
Cloud
On-premises
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Scientific Data Management System (SDMS) Software market from 2018 to 2029 covers:
Laboratory
Research Institution
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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