Laboratory Informatics Market Research Report- Forecast till 2027

Laboratory Informatics Market Research Report: Information by Product (Laboratory Information Management Systems (Broad-Based LIMS, Industry-Specific LIMS), Chromatography Data Systems (CDS), Electronic Lab Notebooks (ELN), Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS), Laboratory Execution Systems (LES), Enterprise Content Management (ECM) and Scientific Data Management Systems (SDMS)), Component (Software and Services), Deployment Model (On-Premise Models, Cloud-Based Models, Remotely Hosted Models)- Forecast till 2027

ID: MRFR/HC/6634-HCR | February 2021 | Region: Global | 90 pages

Laboratory Informatics Market Scenario


The laboratory informatics market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 2422 million in 2018 and is projected to register a CAGR of 7.2% over the forecast period.


The increasing participation of key players is one of the key factors driving the Laboratory Informatics market. In 2018, Abbott Laboratories announced the launch of the STARLIMS Quality Manufacturing Solution QM 11.1 to support laboratory productivity and efficiency across diverse sectors of the global manufacturing industry.


Various other factors such as the increase in adoption of cloud-based platforms by CROs, increasing preference towards personalized medicine, untapped emerging markets, rise in regulatory approvals, and rising R&D in the field of medicine are also expected to propel the growth of the market.


However, high maintenance and service costs can hamper market growth over the forecast period.


Segmentation


The laboratory informatics market is segmented based on product, component, deployment model, end user, and region.


The laboratory informatics market, by product, is segmented into Laboratory Information Management Systems (LIMS), Chromatography Data Systems (CDS), Electronic Lab Notebooks (ELN), Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS), Laboratory Execution Systems (LES), Enterprise Content Management (ECM), and Scientific Data Management Systems (SDMS). The Laboratory Information Management Systems (LIMS) segment is further classified as broad-based LIMS and industry-specific LIMS.


Based on component, the laboratory informatics market  is segmented into software and services.


Based on the deployment model, the laboratory informatics market  is segmented into on-premise models, cloud-based models, and remotely hosted models.


Based on end user, the laboratory informatics market  is segmented into life sciences companies, CROs, environmental testing laboratories, and others.


In the current scope of the study, the segments mentioned above are covered into the four global regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and African region.


The laboratory informatics market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.


The European laboratory informatics market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.  The laboratory informatics market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The laboratory informatics market in the Middle East & Africa has been segmented into the Middle East and Africa.


Key Players



  • Abbott Laboratories

  • Accelerated Technology Laboratories

  • Agilent Technologies, Inc.

  • Autoscribe Limited

  • Cerner Corporation

  • Dassault Systèmes

  • IDBS

  • Kinematik

  • Lablynx, Inc.

  • Labvantage Solutions, Inc.

  • Labware

  • Labworks LLC

  • McKesson Corporation

  • Perkinelmer Inc.

  • Thermo Fisher Scientific Inc.

  • Waters


Regional Market Summary


Laboratory Informatics Market Share (%), by Region, 2018  Laboratory Informatics Market


Sources: MRFR Analysis


The Americas dominated the global market for laboratory clinical informatics owing to the escalating healthcare cost coupled with the rising pressure to bend the cost curve resulted in increased regional adoption of laboratory information management systems. According to the Organization for Economic Co-Operation and Development, in 2018, Americans spent USD 3.65 trillion on healthcare. It is also stated that the level of spending is by far the highest in the developed world.


In 2018, it was estimated that Europe stood second in the laboratory informatics market. Technological advancements, along with the availability of funding opportunities in research and innovation, will support the growth of healthcare laboratory informatics. Germany commanded the largest share in the European market for medical laboratory informatics due to growing automation of laboratory systems.


Asia-Pacific (APAC) is expected to represent the phenomenal growth in medical informatics throughout the forecast period due to rising participation of market players and increasing healthcare funding. In 2018, Sysmex Corporation, Japan-based company, launched a new network solution Caresphere. The solution is designed to provide new value through the intelligent use of information by people involved in testing and healthcare.


On the other hand, the Middle East and Africa held the least share in the Laboratory Informatics market due to the low economic development, especially within the African region.


Market Segmentation


Laboratory Informatics Market, by Product



  • Laboratory Information Management Systems (LIMS)

    • Broad-Based LIMS

    • Industry-Specific LIMS



  • Chromatography Data Systems (CDS)

  • Electronic Lab Notebooks (ELN)

  • Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)

  • Laboratory Execution Systems (LES)

  • Enterprise Content Management (ECM)

  • Scientific Data Management Systems (SDMS)


Laboratory Informatics Market, by Component



  • Software

  • Services


Laboratory Informatics Market, by Deployment Model



  • On-Premise Models

  • Cloud-Based Models

  • Remotely Hosted Models


Laboratory Informatics Market, by End User



  • Life Sciences Companies

  • CROs

  • Environmental Testing Laboratories

  • Others


Intended Audience



  • Medical devices companies

  • Government and private laboratories

  • Research and development (R&D) companies

  • Research laboratories

  • Market research and consulting service providers



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 2422 million
  CAGR   7.2% (2024)
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units    Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, Component, Deployment Model, End User and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Abbott Laboratories, Accelerated Technology Laboratories, Agilent Technologies, Inc., Autoscribe Limited, Cerner Corporation, Dassault Systèmes, IDBS, Kinematik, Lablynx, Inc., Labvantage Solutions, Inc., Labware, Labworks LLC, McKesson Corporation, Perkinelmer Inc., Thermo Fisher Scientific Inc., Waters
  Key Market Opportunities

  • Regulatory approvals
  • R&D activities
  •   Key Market Drivers

  • Inclusion of cloud technology
  • Surge in personalized medicine development\r\n


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    The laboratory informatics market would have a 7.2% CAGR during the forecast period of 2019 to 2024.

    The laboratory informatics market valuation in 2018 was USD 2422 million.

    The cost of maintenance and service can be restraints of the laboratory informatics market.

    Inclusion of cloud technology, the surge in personalized medicine development, untapped markets, hike in investment for R & D, and better rate of regulatory approvals can trigger the laboratory informatics market growth.

    The Americas has the opportunity to steer the laboratory informatics market ahead.

    Table of Contents
    Chapter 1. Report Prologue

    Chapter 2. Market Introduction

    2.1 Definition

    2.2 Scope of the Study

    2.2.1 Research Objective

    2.2.2 Assumptions

    2.2.3 Limitations

    Chapter 3. Research Methodology

    3.1 Introduction

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Market Size Estimation

    Chapter 4. Market Dynamics

    4.1 Drivers

    4.2 Restraints

    4.3 Opportunities

    4.4 Macroeconomic Indicators

    4.5 Trends & Assessment

    Chapter 5. Market Factor Analysis

    5.1 Porter’s Five Forces Analysis

    5.1.1 Bargaining Power of Suppliers

    5.1.2 Bargaining Power of Buyers

    5.1.3 Threat of New Entrants

    5.1.4 Threat of Substitutes

    5.1.5 Intensity of Rivalry

    5.2 Value Chain Analysis

    5.3 Investment Opportunities

    5.4 Pricing Analysis

    Chapter 6. Global Laboratory Informatics Market, by Product

    6.1 Introduction

    6.2 Laboratory Information Management Systems (LIMS)

    6.2.1 Broad-Based LIMS

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.2.2 Industry-Specific LIMS

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.3 Chromatography Data Systems (CDS)

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.4 Electronic Lab Notebooks (ELN)

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.5 Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.6 Laboratory Execution Systems (LES)

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.7 Enterprise Content Management (ECM)

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.8 Scientific Data Management Systems (SDMS)

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 7. Global Laboratory Informatics Market, by Component

    7.1 Introduction

    7.2 Software

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.3 Services

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 8. Global Laboratory Informatics Market, by Deployment Model

    8.1 Introduction

    8.2 On-Premise Models

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    8.3 Cloud-Based Models

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    8.4 Remotely Hosted Models

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 9. Global Laboratory Informatics Market, by End User

    9.1 Introduction

    9.2 Life Sciences Companies

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    9.3 CROs

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    9.4 Environmental Testing Laboratories

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    9.5 Others

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 10. Global Laboratory Informatics Market, by Region

    10.1 Introduction

    10.2 Americas

    10.2.1 North America

    10.2.1.1 US

    10.2.1.2 Canada

    10.2.2 South America

    10.3 Europe

    10.3.1 Western Europe

    10.3.1.1 Germany

    10.3.1.2 France

    10.3.1.3 Italy

    10.3.1.4 Spain

    10.3.1.5 UK

    10.3.1.6 Rest of Western Europe

    10.3.2 Eastern Europe

    10.4 Asia-Pacific

    10.4.1 Japan

    10.4.2 China

    10.4.3 India

    10.4.4 Australia

    10.4.5 South Korea

    10.4.6 Rest of Asia-Pacific

    10.5 Middle East & Africa

    10.5.1 Middle East

    10.5.2 Africa

    Chapter 11. Company Landscape

    11.1 Introduction

    11.2 Market Share Analysis

    11.3 Key Development & Strategies

    Chapter 12. Company Profiles

    12.1 Abbott

    12.1.1 Company Overview

    12.1.2 Product Overview

    12.1.3 Financials Overview

    12.1.4 Key Developments

    12.1.5 SWOT Analysis

    12.2 Accelerated Technology Laboratories

    12.2.1 Company Overview

    12.2.2 Product Overview

    12.2.3 Financial Overview

    12.2.4 Key Developments

    12.2.5 SWOT Analysis

    12.3 Agilent Technologies, Inc.

    12.3.1 Company Overview

    12.3.2 Product Overview

    12.3.3 Financial Overview

    12.3.4 Key Development

    12.3.5 SWOT Analysis

    12.4 Autoscribe Limited

    12.4.1 Company Overview

    12.4.2 Product Overview

    12.4.3 Financial Overview

    12.4.4 Key Development

    12.4.5 SWOT Analysis

    12.5 Cerner Corporation

    12.5.1 Company Overview

    12.5.2 Product Overview

    12.5.3 Financial overview

    12.5.4 Key Developments

    12.5.5 SWOT Analysis

    12.6 DASSAULT SYSTÈMES

    12.6.1 Company Overview

    12.6.2 Product Overview

    12.6.3 Financial Overview

    12.6.4 Key Developments

    12.6.5 SWOT Analysis

    12.7 IDBS

    12.7.1 Overview

    12.7.2 Product Overview

    12.7.3 Financials

    12.7.4 Key Developments

    12.7.5 SWOT Analysis

    12.8 Kinematik

    12.8.1 Overview

    12.8.2 Product Overview

    12.8.3 Financials

    12.8.4 Key Developments

    12.8.5 SWOT Analysis

    12.9 Lablynx, Inc.

    12.9.1 Overview

    12.9.2 Product Overview

    12.9.3 Financials

    12.9.4 Key Developments

    12.9.5 SWOT Analysis

    12.10 Labvantage Solutions, Inc.

    12.10.1 Overview

    12.10.2 Product Overview

    12.10.3 Financials

    12.10.4 Key Developments

    12.10.5 SWOT Analysis

    12.11 Labware

    12.11.1 Overview

    12.11.2 Product Overview

    12.11.3 Financials

    12.11.4 Key Developments

    12.11.5 SWOT Analysis

    12.12 Labworks LLC

    12.12.1 Overview

    12.12.2 Product Overview

    12.12.3 Financials

    12.12.4 Key Developments

    12.12.5 SWOT Analysis

    12.13 McKesson Corporation

    12.13.1 Overview

    12.13.2 Product Overview

    12.13.3 Financials

    12.13.4 Key Developments

    12.13.5 SWOT Analysis

    12.14 Perkinelmer Inc.

    12.14.1 Overview

    12.14.2 Product Overview

    12.14.3 Financials

    12.14.4 Key Developments

    12.14.5 SWOT Analysis

    12.15 Thermo Fisher Scientific Inc.

    12.15.1 Overview

    12.15.2 Product Overview

    12.15.3 Financials

    12.15.4 Key Developments

    12.15.5 SWOT Analysis

    12.16 Waters

    12.16.1 Overview

    12.16.2 Product Overview

    12.16.3 Financials

    12.16.4 Key Developments

    12.16.5 SWOT Analysis

    12.17 Others

    Chapter 13 MRFR Conclusion

    13.1 Key Findings

    13.1.1 From CEO’s Viewpoint

    13.1.2 Unmet Needs of the Market

    13.2 Key Companies to Watch

    13.3 Predictions for the global laboratory informatics market

    Chapter 14 Appendix

    LIST OF TABLES

    Table 1 Laboratory Informatics Market Synopsis, 2020-2027

    Table 2 Laboratory Informatics Market Estimates and Forecast, 2020-2027(USD Million)

    Table 3 Global Laboratory Informatics Market, by Region, 2020-2027(USD Million)

    Table 4 Global Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 5 Global Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 6 Global Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 7 Global Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 8 North America: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 9 North America: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 10 North America: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 11 North America: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 12 US: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 13 US: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 14 US: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 15 US: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 16 Canada: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 17 Canada: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 18 Canada: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 19 Canada: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 20 South America: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 21 South America: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 22 South America: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 23 South America: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 24 Europe: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 25 Europe: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 26 Europe: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 27 Europe: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 28 Western Europe: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 29 Western Europe: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 30 Western Europe: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 31 Western Europe: Laboratory Informatics Market, by End User, 2020-2027(USD Million)

    Table 32 Eastern Europe: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 33 Eastern Europe: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 34 Eastern Europe: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 35 Eastern Europe: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 36 Asia-Pacific: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 37 Asia-Pacific: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 38 Asia-Pacific: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 39 Asia-Pacific: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    Table 40 Middle East & Africa: Laboratory Informatics Market, by Product, 2020-2027(USD Million)

    Table 41 Middle East & Africa: Laboratory Informatics Market, by Component, 2020-2027(USD Million)

    Table 42 Middle East & Africa: Laboratory Informatics Market, by Deployment Model, 2020-2027(USD Million)

    Table 43 Middle East & Africa: Laboratory Informatics Market, End User, 2020-2027(USD Million)

    LIST OF FIGURES

    Figure 1 Research Process

    Figure 2 Segmentation for Global Laboratory Informatics Market

    Figure 3 Market Dynamics for Global Laboratory Informatics Market

    Figure 4 Laboratory Informatics Market Share, by Product, 2020

    Figure 5 Laboratory Informatics Market Share, by Component, 2020

    Figure 6 Laboratory Informatics Market Share, by Deployment Model, 2020

    Figure 7 Laboratory Informatics Market Share, End User, 2020

    Figure 8 Laboratory Informatics Market Share, by Region, 2020

    Figure 9 North America: Laboratory Informatics Market Share, by Country, 2020

    Figure 10 Europe: Laboratory Informatics Market Share, by Country, 2020

    Figure 11 Asia-Pacific: Laboratory Informatics Market Share, by Country, 2020

    Figure 12 Middle East & Africa: Laboratory Informatics Market Share, by Region, 2020

    Figure 13 Laboratory Informatics Market: Company Share Analysis, 2020 (%)

    Figure 14 Abbott: Key Financials

    Figure 15 Abbott: Segmental Revenue

    Figure 16 Abbott: Geographical Revenue

    Figure 17 Accelerated Technology Laboratories: Key Financials

    Figure 18 Accelerated Technology Laboratories: Segmental Revenue

    Figure 19 Accelerated Technology Laboratories: Geographical Revenue

    Figure 20 Agilent Technologies, Inc.: Key Financials

    Figure 21 Agilent Technologies, Inc.: Segmental Revenue

    Figure 22 Agilent Technologies, Inc.: Geographical Revenue

    Figure 23 Autoscribe Limited: Key Financials

    Figure 24 Autoscribe Limited: Segmental Revenue

    Figure 25 Autoscribe Limited: Geographical Revenue

    Figure 26 Cerner Corporation: Key Financials

    Figure 27 Cerner Corporation: Segmental Revenue

    Figure 28 Cerner Corporation: Geographical Revenue

    Figure 29 DASSAULT SYSTÈMES: Key Financials

    Figure 30 DASSAULT SYSTÈMES: Segmental Revenue

    Figure 31 DASSAULT SYSTÈMES: Geographical Revenue

    Figure 32 Kinematik: Key Financials

    Figure 33 Kinematik: Segmental Revenue

    Figure 34 Kinematik: Geographical Revenue

    Figure 35 Lablynx, Inc.: Key Financials

    Figure 36 Lablynx, Inc.: Segmental Revenue

    Figure 37 Lablynx, Inc.: Geographical Revenue

    Figure 38 Labvantage Solutions, Inc.: Key Financials

    Figure 39 Labvantage Solutions, Inc.: Segmental Revenue

    Figure 40 Labvantage Solutions, Inc.: Geographical Revenue

    Figure 41 IDBS: Key Financials

    Figure 42 IDBS: Segmental Revenue

    Figure 43 IDBS: Geographical Revenue

    Figure 44 Labworks LLC: Key Financials

    Figure 45 Labworks LLC: Segmental Revenue

    Figure 46 Labworks LLC: Geographical Revenue

    Figure 47 McKesson Corporation: Key Financials

    Figure 48 McKesson Corporation: Segmental Revenue

    Figure 49 McKesson Corporation: Geographical Revenue

    Figure 50 Perkinelmer Inc.: Key Financials

    Figure 51 Perkinelmer Inc.: Segmental Revenue

    Figure 52 Perkinelmer Inc.: Geographical Revenue

    Figure 53 Thermo Fisher Scientific Inc.: Key Financials

    Figure 54 Thermo Fisher Scientific Inc.: Segmental Revenue

    Figure 55 Thermo Fisher Scientific Inc.: Geographical Revenue

    Figure 56 Waters: Key Financials

    Figure 57 Waters: Segmental Revenue

    Figure 58 Waters: Geographical Revenue




    This table of content is tentative and subject to change as the research progresses.

    Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.