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Laboratory Informatics Market, By Types (ELN, LIMS, ECM, SDMS, and LES), By Delivery Mode (Web hosted, On Premise, and Cloud based), By End Use, and Geography (North America, Europe, Asia Pacific, And Rest Of The World) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025
135 Pages | Published Date : 13 / 09/ 17 | Report Code: AV104 | Report Format: PDF
The laboratory informatics market is estimated to represent a global market of USD 1.98 billion by 2016 with growth rate of 5.3%.
Market Dynamics
Laboratory informatics is defined as the specialized application of information technology modules that aimed at extending and optimizing laboratory operations. Factors such as increasing demand for lab automation, rising pressure to comply with regulatory requirements, technological advancements and growing awareness level among end-users supported the market growth. Furthermore, wide adoption by biobanks/biorepositories, academic research institutes, and contract service organizations coupled with decreasing cost of laboratory informatics solutions drive the market demand further. However, lack of trained professionals (particularly in developing regions) coupled with lack of integration standards for laboratory informatics hampers the market growth.
Types Takeaway
Worldwide laboratory informatics market is categorized as Electronic Lab Notebooks (ELN), Laboratory Information Management Systems (LIMS), Enterprise Content Management (ECM), Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES) and others. Among which, Laboratory Information Management Systems (LIMS) is accounted for the largest share of the global market. In 2016, this segment captured USD 845.9 million and is expected to dominate the market over the forecast period. LIMS includes management of master data, security & system administration, sample lifecycle reporting, instruments, inventory, storage & logistics, and analytical workflow. Demand for LIMS among researcher is increasing at constant rate as it enable to reduce the incidence of errors in data management and qualitative analysis of research information effectively.
Delivery Mode Takeaway
In terms of delivery mode, the market is segmented into Web hosted, On Premise, and Cloud based laboratory informatics system. End user segment is categorized as Life Sciences, Clinical Research Organizations (CROs), Standalone and Integrated Laboratories, Pharmaceutical companies and others. Life Science end use captured more than 26.23% share of the global market in 2016.
Regional Takeaway
Regionally, the market is analyzed as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Rising deployment of laboratory information systems and availability of infrastructure with high digital literacy supported the market growth in developed regions such as North America and Europe. In addition, the burgeoning healthcare cost coupled with the escalating pressure to bend the cost curve resulted in increased adoption of LIMS in these regions. Asia Pacific region is projected to grow with the highest CAGR of 9.4% over the forecast period.
Key Vendor Takeaway
Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), Core Informatics, LLC (U.S.), Abbott Informatics (U.S.), LabVantage Solutions, Inc. (U.S.) and others are some of the key companies in the global laboratory informatics market. Leading laboratory informatics companies have been on the acquisition strategy, hoping to expand their market reach. For example, in July 2014, Dassault Systèmes, the 3DEXPERIENCE based company acquired Accelrys, provider of life cycle management software solution. This engagement has created new business group named “Biovia”, aimed to supply the software solutions for the laboratories. Such initiatives would in turn help the market to record high revenue over the future period.
The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
- Historical Year – 2014 & 2015
- Base Year – 2015
- Estimated Year – 2016
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, And Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPES
- ELN
- LIMS
- ECM
- SDMS
- LES
- Others
MARKET, BY DELIVERY MODE
- Web hosted
- On Premise
- Cloud based
MARKET, BY END USE
- Life Sciences
- Clinical Research Organizations (CROs)
- Standalone and Integrated Laboratories
- Pharmaceutical Companies
- Others
MARKET, BY REGION
- North America
- Europe
- Asia Pacific
- Rest of the World
MARKET, BY COUNTRY
- Further Breakdown of The North America Market
- U.S.
- Canada
- Further Breakdown of The Europe Market
- Germany
- France
- Rest of Europe
- Further Breakdown of The APAC Market
- India
- China
- Rest of APAC
- Further Breakdown of The Rest of the World Market
- Middle East and Africa
- Latin America
1. LABORATORY INFORMATICS MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. LABORATORY INFORMATICS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. LABORATORY INFORMATICS INDUSTRY STUDY
4.1. Company Activity Analysis
4.2. Regulatory Framework Analysis
4.3. Value Chain Analysis
5. LABORATORY INFORMATICS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
6. LABORATORY INFORMATICS MARKET – BY TYPES:
6.1. Overview
6.2. Electronic Lab Notebooks (ELN)
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Laboratory Information Management Systems (LIMS)
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Enterprise Content Management (ECM)
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Scientific Data Management Systems (SDMS)
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. Laboratory Execution Systems (LES)
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.7. Others
6.7.1. Overview
6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. LABORATORY INFORMATICS MARKET – BY DELIVERY MODE:
7.1. Overview
7.2. Web hosted
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. On Premise
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Cloud based
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. LABORATORY INFORMATICS MARKET – BY END USE:
8.1. Overview
8.2. Life Sciences
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Clinical Research Organizations (CROs)
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Standalone and Integrated Laboratories
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Pharmaceutical Companies
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Others
8.6.1. Overview
8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. LABORATORY INFORMATICS MARKET– BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.3. U.S.
9.2.3.1. Overview
9.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.4. Canada
9.2.4.1. Overview
9.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.3. France
9.3.3.1. Overview
9.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.4. Germany
9.3.4.1. Overview
9.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.5. Rest of Europe
9.3.5.1. Overview
9.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.3. China
9.4.3.1. Overview
9.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.4. India
9.4.4.1. Overview
9.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.5. Rest of APAC
9.4.5.1. Overview
9.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Rest of the World
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.3. Latin America
9.5.3.1. Overview
9.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.4. Middle East and Africa
9.5.4.1. Overview
9.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. KEY VENDOR ANALYSIS
10.1. Thermo Fisher Scientific, Inc.
10.1.1. Company Overview
10.1.2. SWOT Analysis
10.1.3. Key Developments
10.2. LabWare, Inc.
10.2.1. Company Overview
10.2.2. SWOT Analysis
10.2.3. Key Developments
10.3. Core Informatics
10.3.1. Company Overview
10.3.2. SWOT Analysis
10.3.3. Key Developments
10.4. Abbott Informatics
10.4.1. Company Overview
10.4.2. SWOT Analysis
10.4.3. Key Developments
10.5. LabVantage Solutions, Inc.
10.5.1. Company Overview
10.5.2. SWOT Analysis
10.5.3. Key Developments
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Methodology
12.2. Abbreviations
12.3. Disclaimer
12.4. Contact Us
SCOPE AND OBJECTIVES :
The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the coil coatings market. The scope of this report covers the market by its major segments, which include the source, disease end user industry, and the major geographic regions.
KEY BENEFITS OF THE REPORT :
• Understanding of the strategies that are being adopted by the key players in this market to stay competitive
• Extensive analysis of the key players dominating the competitive landscape of this market
• In-depth analysis of the key factors are propelling the growth of the global market
• Detailed analysis of the geographic region that will witness the strongest growth
• Granular analysis of the current market scenario and the expected market grow
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- Industry Study Groups and Other Semi-Official Sources
- Many Other Informative Channels Related to the Market Topics
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MARKET FORECAST
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