Laboratory Information Management Systems (LIMS) Market to be driven by Increasing R&D activities in the life sciences industry are expected to grow at a CAGR of 7.20% during the forecast period 2023 to 2032.

Market Research Future (MRFR) has published a cooked research report on the “Laboratory Information Management Systems (LIMS) Market” that contains information from 2018 to 2032. The Laboratory Information Management Systems (LIMS) Market is estimated to register a CAGR of 7.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Laboratory Information Management Systems (LIMS) Market— Thermo Fisher Scientific Inc. (U.S.), PerkinElmer Inc. (U.S.), Autoscribe Informatics (U.S.), Novatek International (Russia), Benchling (U.S.), Agaram Technologies Pvt Ltd (India), Agilent Technologies, Inc. (U.S.), LabWare (U.S.), STARLIMS Corporation (U.S.), IBM Corporation (U.S.)

Market Highlights

The global Laboratory Information Management Systems (LIMS) Market is accounted to register a CAGR of 7.20% during the forecast period and is estimated to reach USD 4.67 billion by 2032.

The demand for laboratory automation systems is anticipated to rise in the coming years, driven by technological advancements relevant to pharmaceutical laboratories and an increasing need for automation in labs. Notably, advancements in research and development (R&D) labs, particularly in pharmaceutical and biotechnological sectors, are expected to contribute positively to the growth of the industry.

Segment Analysis

The global Laboratory Information Management Systems (LIMS) Market has been segmented based on the Component, Product Type, Delivery, Industry Type, and Distribution Channel.

Based on the Components, the market is segmented into Services and software. The software segment was attributed to holding the largest market share in 2022.  The software plays a crucial role in facilitating effective decision-making within businesses by leveraging advanced technologies, enhancing data and report quality, ensuring regulatory compliance, providing easy data accessibility, and optimizing data storage. The significant market dominance of the software segment can be attributed to key factors such as advancements in software offerings, rising demand to seamlessly integrate Laboratory Information Management System (LIMS) software into current laboratory systems, heightened awareness regarding lab informatics, and a decline in the overall cost of informatics solutions.

Based on the Product Type, the Laboratory Information Management Systems (LIMS) Market has been segmented into Broad-Based, Industry-Specific. The Broad-Based segment was expected to hold the largest market share in 2022. The increasing strictness of regulatory standards and compliance necessities across diverse industries is propelling the acceptance of Laboratory Information Management Systems (LIMS). Various sectors, notably healthcare, and pharmaceuticals, are obligated to uphold precise and secure records, a task efficiently facilitated by LIMS. This heightened emphasis on compliance acts as a catalyst, further propelling the extensive growth of LIMS.

Based on the Delivery, the Laboratory Information Management Systems (LIMS) Market has been segmented into On-Premise, Cloud-Based, and remotely hosted. The Cloud-Based segment was expected to hold the largest market share in 2022. Accessing data from numerous and virtually limitless entry points has become a reality. In the context of an expanding remote work culture, the dominance of cloud-based products is greatly facilitated by features like virtual access points. This flexibility proves to be a pivotal factor in sustaining the prominence of the cloud-based product segment. Additionally, the segment's growth is propelled by factors such as reduced reliance on IT manpower, cost-effective data management, and ease of deployment.

Based on the Industry Type, the Laboratory Information Management Systems (LIMS) Market has been segmented into Life Sciences Industry, Chemical/Energy, Food and Beverage, Agriculture Industries, Diagnostics/Medical Device, Clinical Research Organization/Contract Manufacturing Organizations (CRO/CMO), Others. The Life Sciences Industry segment was expected to hold the largest market share in 2022. The widespread adoption of Laboratory Information Management Systems (LIMS) in pharmaceutical laboratories is a significant contributing factor to its prevalence. The expected growth in this market is driven by factors such as a shortage of qualified personnel, growing demands for increased productivity and cost-effectiveness, and a rising requirement for biobanks and biorepositories.

Based on the Distribution Channel, the Laboratory Information Management Systems (LIMS) Market has been segmented into Direct Tenders and retail Sales. The Direct Tenders segment was expected to hold the largest market share in 2022. Direct Tenders frequently entail the need for tailored customization to meet the distinct requirements of individual organizations or industries. Laboratories with specialized workflows or stringent compliance standards may opt for bespoke solutions instead of off-the-shelf products

Explore In-depth Market Details [Table of Content, List of Figures, List of Tables] of Laboratory Information Management Systems (LIMS) Market Research Report

Regional Analysis

The global Laboratory Information Management Systems (LIMS) Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The European Laboratory Information Management Systems (LIMS) Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Laboratory Information Management Systems (LIMS) Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Laboratory Information Management Systems (LIMS) Market comprises of Middle East, Africa, and Latin America.

The largest market share for the Laboratory Information Management Systems (LIMS) Market was maintained by the North American regional sector. The significant dominance of North America in this sector is a result of its well-established infrastructure and increasing demand for digitized technologies. This surge in demand for digital solutions across various industries is propelling the adoption of diverse analytical tools in the region. Additionally, the healthcare industry in North America is witnessing a rise in the number of Laboratory Information Management System (LIMS) companies. According to the World Economic Forum, the global economy is projected to gain $100 trillion through digital transformation by 2025. Furthermore, it is anticipated that, by the same year, about two-thirds of the value derived from digitalization, contributing to the mentioned $100 trillion, will be facilitated through interactions driven by platforms.

Moreover, the Europe market has been persistently growing over the forecast period. Effective lab and data management are essential for driving research and development (R&D) in the pharmaceutical industry, particularly for drug discovery and development. According to data from the Federal Statistical Office in Germany, R&D spending reached USD 133.2 billion in 2021, reflecting a 5.6% increase compared to the previous year. Additionally, European Commission data indicates that in 2021, Sweden led in R&D intensity at 3.35%, followed by Austria at 3.22%, and Belgium at 3.19%. Germany, Finland, and Denmark also demonstrated significant R&D intensity, with ratios of 3.13%, 2.98%, and 2.81%, respectively. These figures highlight the importance of robust R&D investment and management practices in the business landscape, especially within the pharmaceutical sector.

Asia is emerging as a highly promising market, with countries such as India and China demonstrating significant research potential in the past decade. The escalating population and a surge in chronic disorders have prompted these nations to enhance their laboratory infrastructure and expand the number of laboratories for more effective research endeavors. In India, approximately 21% of the elderly population is reported to have at least one chronic disease, with rural areas showing a prevalence of 17%, and urban areas exhibiting a higher rate of 29%. The predominant chronic diseases are hypertension and diabetes, constituting about 68% of all cases. The APAC region has witnessed a rise in clinical trials and research outsourcing to Contract Research Organizations (CROs) due to their cost-effectiveness, thereby driving the adoption of laboratory informatics solutions

Furthermore, the rest of the world's Laboratory Information Management Systems (LIMS) Market is divided into the Middle East, Africa, and Latin America. The growing need for laboratory automation is a primary factor propelling the expansion of the LIMS market in this region. However, potential obstacles to market growth include limited availability of skilled professionals and higher product costs. Thermo Fisher Scientific, Siemens AG, McKesson Corporation, and Illumina, Inc., are among the key players catering to the regional market.

Key Findings of the Study

• The global Laboratory Information Management Systems (LIMS) Market is expected to reach USD 4.67 billion by 2032, at a CAGR of 7.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because of the increasing need for Contract Research Organizations (CROs) providing LIMS services, the outsourcing sector in emerging economies such as India and Japan is flourishing, benefiting from the availability of skilled labor at more cost-effective rates.


• Based on Components, the software segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.


• Thermo Fisher Scientific Inc. (U.S.), PerkinElmer Inc. (U.S.), Autoscribe Informatics (U.S.), Novatek International (Russia), Benchling (U.S.), Agaram Technologies Pvt Ltd (India), Agilent Technologies, Inc. (U.S.), LabWare (U.S.), STARLIMS Corporation (U.S.), IBM Corporation (U.S.)