Digitalization of Data is Shaping the Future of Laboratory Informatics Market in China

According to MarkNtel Advisors, the China Laboratory Informatics Market is expected to witness around 10% CAGR during 2021-26. The rapid digitalization of data is leading to the generation of a large volume of data. This further propels the requirement of lab management software to manage the storage of complex data. Additionally, the development of healthcare infrastructure and the formation of smart laboratories is boosting the Laboratory Informatics Market in China.

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Market Report Coverage: China Laboratory Informatics Market

Market Segmentation
1. By Product Type (Electronic Lab Notebooks (ELNs), Laboratory Information Management Systems (LIMS), Chromatography Data Systems (CDS), Electronic Data Capture (EDC) & Clinical Data Management Systems, Laboratory Execution Systems (LES), Enterprise Content Management Systems (ECM), Scientific Data Management Systems (SDMS))
2. By Components (Service, Software)
3. By Industry (Pharma and Biotechnology, Biobanks and Bio Repositories, Molecular Diagnostics & Clinical Research Labs, Contract Service Organization, Academia, Food and Beverage, Chemical Industry, Petrochemical Refinery & Oil and Gas Industry)
4. By Deployment Model (Remote Hosting, On-Premise Model, Cloud-Based Model)

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Key Growth Drivers
• Increasing patient counts fueling the demand for lab management systems
• The rising need for automation in labs

Market Challenges
• The continuous need for integrated access to the patient’s data.
• The presence of local laws and regulations in China create challenges for businesses managing cloud technology in the country

Market Competitors:
Lab Vantage, LabLynx, Autoscribe, Perkin Elmer, Thermofisher Scientific, Beijing LabWare and Sci & Tech Co., Agilent Technologies (Beijing), Abbott Laboratories, Waters Corporation, and McKesson Corporation

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Key Questions Answered in this Report:
1. What are the current & future trends in the China Laboratory Informatics Market?
2. What are the overall statistics or estimates (Overview, Size- by Value, Forecast Numbers, Segmentation, and Shares) of the China Laboratory Informatics Market?
3. How has the industry been evolving in terms of geography & service adoption?
4. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the China Laboratory Informatics Market?
6. What are the customer orientation, purchase behavior, and expectations from Laboratory Informatics providers across the globe?
7. What are the region-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the China Laboratory Informatics Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the China Laboratory Informatics Market based on a competitive benchmarking matrix?
10. What are the key results derived from the surveys conducted during the China Laboratory Informatics Market study?

MarkNtel Advisors
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Email: sales@marknteladvisors.com
Tel: +1 604 800 2671
Website: https://www.marknteladvisors.com

About us:
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.