Press release
Laboratory Informatics Market 2021 Global Industry to Reach US$ 6.20 billion and Growing at CAGR Of 10.8% By 2027
Intelligencemarketreport.com Publish a New Market Research Report on “Laboratory Informatics – Global Market Report 2021-2027”.Laboratory Informatics Market to reach USD 6.20 billion by 2027.
Laboratory Informatics Market is valued approximately USD 3.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10.8% over the forecast period 2021-2027. Laboratory automation is gaining traction as an effective solution to deal with labor scarcity and decrease manual involvement in lab procedures. High accuracy and efficiency of reports, expanding applications of lab informatics solutions, and an increase in the number of diagnoses are all aspects driving the market. The technology is quickly evolving in response to market demand, due to growing workload, cost limitations, and technological developments. To meet the present worldwide demand, new laboratory systems are being developed using the most advanced technology. In July 2020, LabVantage introduced 8.5, a latest category of its LabVantage policy which proposes a fully integrated SDMS. In May 2018, Agilent Technologies (US) purchased Genohm (Switzerland). This acquisition inflated Agilent’s current software portfolio by adding LIMS and workflow management, thus growing the company’s ELN capabilities. However, high maintenance and service costs that come along with laboratory informatics solutions are one of the major factors restraining the growth of this market.
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Listed Key players included in Laboratory Informatics market are:
Thermo Fisher Scientific Inc. (US)
LabVantage Solutions, Inc. (US)
LabWare (US)
Abbott Informatics (US)
LabLynx, Inc. (US)
Waters (US)
Agilent Technologies, Inc. (US)
Autoscribe Informatics (US)
Dassault Systèmes (Paris, France)
LABWORKS LLC (US)
Laboratory Informatics Market Segmentation Listed Below:
By Type of Solution
Laboratory Information Management Systems (LIMS)
Electronic Lab Notebooks (ELN)
Chromatography Data Systems (CDS)
Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)
Laboratory Execution Systems (LES)
Enterprise Content Management (ECM)
Scientific Data Management Systems (SDMS)
By Component
Services
Software
By Delivery
On-premise
Cloud-based
Remotely Hosted
By Industry
Life Sciences Industry
Pharmaceutical & Biotechnology Companies
Biobanks & Biorepositories
Molecular Diagnostics & Clinical Research Laboratories
Contract Service Organizations
Academic Research Institutes
Chemicals Industry
Food & Beverage and Agriculture Industry
Petrochemical Refineries and Oil & Gas Industry
Environmental Testing Laboratories
Other Industries
The Laboratory Informatics market research contains market development elements as well as main difficulties and restraining factors that could stymie industry expansion. This research can help new market entrants and established enterprises prepare for future challenges and opportunities to increase their market position. The study includes thorough information on key end-users as well as annual estimates. It also includes revenue predictions for each year, as well as market sales and sales growth. These forecasts are useful for gaining insight into the market's future prospects.
The report's goal is to provide a thorough analysis of the market, with meaningful insights, facts, historical data, industry-validated market data, and projections based on a reasonable set of assumptions and methodology. The research also aids in the comprehension of market dynamics and structure by evaluating market segments and forecasting the global Laboratory Informatics market. The study also includes a competitive analysis of key competitors in the global market by product, price, financial situation, product portfolio, growth plans, and regional presence. The research also includes a PEST analysis, a PORTER's analysis, and a SWOT analysis to help stockholders plan their efforts and investments for the near future in a certain market segment.
COVID-19 Impact Analysis
The impact of COVID-19 lock-down on the revenue of Laboratory Informatics market leaders, followers, and disrupters is examined in the research. Due to the fact that lockdown was applied differently in different locations and countries, the impact varies by region and segment. The present short and long term impact on the market has been covered in the research, which will assist decision makers in preparing the framework for short and long term strategies for enterprises by region.
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Competitive Analysis
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled in the Laboratory Informatics market report. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the global market are also profiled in this report.
Key Objectives of Market Research Report
Porter's Five Forces analysis is included in the study to help business investors understand the ability of customers and suppliers to make strategic decisions.
The research details the Laboratory Informatics market's potential in major regions, as well as revenue contribution.
The research provides a thorough examination of current market trends, market size, and market forecasts.
The research gives an in-depth examination of the worldwide market's leading participants.
Table of Contents – Major Key Points Included
Chapter 1. Executive Summary
Chapter 2. Global Laboratory Informatics Market Definition and Scope
Chapter 3. Global Laboratory Informatics Market Dynamics
Chapter 4. Global Laboratory Informatics Market Industry Analysis
Chapter 5. Global Laboratory Informatics Market, by Type of Solution
Chapter 6. Global Laboratory Informatics Market, by Component
Chapter 7. Global Laboratory Informatics Market, by Delivery
Chapter 8. Global Laboratory Informatics Market, by Industry
Chapter 9. Global Laboratory Informatics Market, Regional Analysis
Chapter 10. Competitive Intelligence
Chapter 11. Research Process
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Akash Anand
Head of Business Development & Strategy
Sales@intelligencemarketreport.com
Phone: +44 20 8144 2758
Website: www.intelligencemarketreport.com
About Us:
Intelligence Market Report includes a comprehensive rundown of statistical surveying reports from many distributers around the world. We brag an information base traversing basically every market classification and a much more complete assortment of statistical surveying reports under these classifications and sub-classifications.
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