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(India.CityRegions.Com, April 03, 2019 ) The research report evaluates the Laboratory Information Management Systems Market in an all-inclusive manner by explaining the prime characteristics of the market that is likely to have a quantifiable influence on its progressive scenarios over the forecast period.
Global laboratory information management systems market, based on the type was segmented into standalone systems and integrated systems. In 2017, the standalone segment held the largest share of the market, by type owing to the availability of the current LIMS solutions in these forms. However, the integrated type segment is expected to grow at fastest rate witnessing a CAGR of 9.8% owing to its increasing demand and ability to get integrated with the existing computing systems of the laboratory users.
The standalone systems segment held the major market share among the type segment in the laboratory information management systems market
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Laboratory Information Management Systems (LIMS) is a software that is used for managing various tasks in the laboratory including workflow management, integrate instruments, records management, logistics management, enterprise resource planning, decision making, privacy and security controls. Laboratories generate ample amount of data which can be managed through LIMS. The report would be of an interest to various stakeholders operating in the laboratory information management systems market. These stakeholders include laboratory information management systems manufacturers, vendors, and distributors, research institutes and government organizations, venture capitalists and other government funding organizations, research and consulting firms, healthcare institutions and others.
The global laboratory information management systems market is expected to reach US$ 1,475.6 Mn in 2025 from US$ 742.8 Mn in 2017. The market is estimated to grow with a CAGR of 9.2% from 2018-2025.
The objective of the study is to describe, define, and forecast the laboratory information management systems market by type and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
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The major players operating in the laboratory information management systems market include Thermo Fisher Scientific, Inc., LabLynx, Inc., LABWORKS, Illumina, Inc., Abbott, LabVantage Solutions, Inc., Accelerated Technology Laboratories, Inc., Autoscribe Informatics, LabSoft LIMS by Computing Solutions, Inc., and LabWare among others.
The report analyzes factors affecting laboratory information management systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key laboratory information management systems manufacturing companies along with their SWOT analysis and market strategies.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
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