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Laboratory Information Management Systems (LIMS) Market Growing at CAGR of 9.3% with Industry Share, Growth, Competitive Landscape And Regional Outlook by 2029

June 27, 2022 | 
11 min read

This Laboratory Information Management Systems (LIMS) market report underlines the specific study of the Healthcare industry which explains what the market definition, classifications, applications, engagements, and global industry trends are.

This Laboratory Information Management Systems (LIMS) market report underlines the specific study of the Healthcare industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. The market data analyzed and evaluated in this Laboratory Information Management Systems (LIMS) market report makes you achieve the business goals and objectives in preset time frame. It highlights a wide-ranging evaluation of the market’s growth prospects and restrictions. This report is very useful to all sizes of business which makes it simpler to take informed decisions regarding different facets of healthcare industry. Laboratory Information Management Systems (LIMS) market report truly acts as a backbone to the business.

A finest market research report acts as an innovative solution for the businesses in today’s changing market place and hence this Laboratory Information Management Systems (LIMS) report is generated. Key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are also reviewed in this Laboratory Information Management Systems (LIMS) report. The report has a list of key competitors with the required specifications and also provides the strategic insights and analysis of the key factors influencing the industry. The data and information of the Laboratory Information Management Systems (LIMS) report not only helps business make data-driven decisions but also guarantees maximum return on investment (ROI).

Global Laboratory Information Management Systems (LIMS) market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing with the CAGR of 9.3% in the forecast period of 2022 to 2029 and is expected to reach USD 2,515,639.77 thousand by 2029. Increase in the requirement of quick-decision making process in biotechnology is expected to drive the growth of the market significantly.

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Leading Key Players Operating in the Laboratory Information Management Systems (LIMS) Market Includes:

  • Thermo Fisher Scientific Inc
  • PerkinElmer Inc
  • Autoscribe Informatics
  • Shimadzu Corporation
  • Novatek International
  • Benchling
  • Agaram Technologies Pvt Ltd
  • Agilent Technologies, Inc
  • LabWare
  • STARLIMS Corporation
  • IBM Corporation

Recent Developments

In March 2021, PerkinElmer, Inc. expanded its Singals informatics platform to build on the capabilities in the biologics drug discovery space in collaboration with Insightful Science, a software company in the life sciences community. This will help the company to expand its product portfolio and develop its platform to reach new consumers.

In September 2020, Roper Technologies, Inc. announced the acquisition of Vertafore, a leading SaaS solutions provider. This acquisition helped the company to improve its offerings over SaaS solutions. Hence customers can be offered a variety of solutions with advanced technology and also diversify the product portfolio.

A laboratory information management systems (LIMS) software helps in the effective management of samples and data associated with it. With the help of LIMS, a lab can integrate instruments, manage samples, and automate the workflows. LIMS software is also being used in modern genomics. The unprecedented amount of data that is generated from modern genomics is easily managed with the help of the LIMS software. Owing to the increased efforts of clinicians and researchers for the betterment of lab operations and the increasing number of samples in the labs, the demand for LIMS software is increasing, which is further contributing to the growth of the market to an extent.

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Global Laboratory Information Management Systems (LIMS) Market Scope and Market Size

Global laboratory information management systems (LIMS) market is segmented into five notable segments which are based on component, product type, delivery, industry type, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of component, the global laboratory information management systems (LIMS) market is segmented into services and software. In 2022, services segment is expected to dominate the market as it allows scientific data to be captured, migrated, processed, and interpreted for immediate use or for future research.

On the basis of product type, the global laboratory information management systems (LIMS) market is segmented into industry specific and board based. In 2022, board based segment is expected to dominate the market as they can collect and share data securely and instantaneously from anywhere to any devices.

On the basis of delivery, the global laboratory information management systems (LIMS) market is segmented into on premise, cloud based, and remotely hosted. In 2022, cloud based segment is expected to dominate the market owing to the increasing demand for integrating workflow and data complexity in the R&D sector.

On the basis of industry type, the global laboratory information management systems (LIMS) market is segmented into life science industry, chemical/energy, food and beverage and agriculture industries, diagnostics/medical device, contract research organizations/contract manufacturing organizations (CRO/CMO), and others. In 2022, life science industry segment is expected to dominate the market as the industry involves research, manufacturing of pharmaceuticals, medical devices, and many others as it helps in managing and analyzing data efficiently in the research laboratory.

Laboratory Information Management Systems (LIMS) Market, By Region:

The Laboratory Information Management Systems (LIMS) market is analyzed and market size information is provided by the country, component, product type, delivery, industry type, and distribution channel as referenced above.

The countries covered in the laboratory information management systems (LIMS) market report are the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

The U.S. dominates the North America region owing to its advanced infrastructure for research & development in informatics and rising demand for genomic studies. Germany dominates the Europe region as the government regulations in the country for data protection are encouraging the demand for integrated informatics frameworks in the pharmaceutical industry. China dominates the Asia-Pacific region due to increased focus on the adoption of electronic records systems in the country to allow data sharing across the national health system.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

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What are the market opportunities, market risks, and market overviews of the Laboratory Information Management Systems (LIMS) Market?

  1. Who are the distributors, traders, and merchants in the Laboratory Information Management Systems (LIMS) Market?

  1. What is the analysis of sales, income, and prices of the leading manufacturers in the Laboratory Information Management Systems (LIMS) Market?

  1. What are the Laboratory Information Management Systems (LIMS) market opportunities and threats faced by the global Laboratory Information Management Systems (LIMS) Market vendors?

  1. What are the main factors driving the worldwide Laboratory Information Management Systems (LIMS) Industry?

  1. What are the Top Players in Laboratory Information Management Systems (LIMS) industry?

  1. What is the analysis of sales, income, and prices by type, application of the Laboratory Information Management Systems (LIMS) market?

  1. What is regional sales, income, and price analysis for Laboratory Information Management Systems (LIMS) Market?

Growing Usage of LIMS to Comply in Life Science Field Requirements without Compromising Process Versatility is Boosting the Market Growth

The laboratory information management systems (LIMS) market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence. The data is available for historic period 2011 to 2020.

Table of Contents: Global Laboratory Information Management Systems (LIMS) Market

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insight
  5. Market Overview
  6. Global Laboratory Information Management Systems (LIMS) Market, by Product Type
  7. Global Laboratory Information Management Systems (LIMS) Market, by Component
  8. Global Laboratory Information Management Systems (LIMS) Market, by Type
  9. Global Laboratory Information Management Systems (LIMS) Market, by Distribution Channel
  10. Global Laboratory Information Management Systems (LIMS) Market, by Geography
  11. Global Laboratory Information Management Systems (LIMS) Market, Company Landscape
  12. Company Profiles
  13. Questionnaire
  14. Related Reports

Check the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-laboratory-information-management-systems-market

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