PUBLISHER: TechNavio | PRODUCT CODE: 1603722
PUBLISHER: TechNavio | PRODUCT CODE: 1603722
Laboratory Information System Market 2024-2028
The laboratory information system market is forecasted to grow by USD 779.2 mn during 2023-2028, accelerating at a CAGR of 8.6% during the forecast period. The report on the laboratory information system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need for laboratory automation, rising demand for reformed and processed data, and growth of personalized medicine.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.7% |
CAGR | 8.6% |
Incremental Value | $779.2 mn |
Technavio's laboratory information system market is segmented as below:
By Deployment
By Geographical Landscape
This study identifies the growing popularity of cloud-based lis as one of the prime reasons driving the laboratory information system market growth during the next few years. Also, technological advancements in lims offerings and growing adoption by small-scale laboratories will lead to sizable demand in the market.
The report on the laboratory information system market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laboratory information system market vendors that include ALLSCRIPTS HEALTHCARE SOLUTIONS INC., American Soft Solutions Corp., Cerner Corp., Clinlab Inc., Comp Pro Med Inc., CompuGroup Medical SE and Co. KGaA, Computer Programs and Systems Inc., Epic Systems Corp., LabSoft Inc., LabWare Inc., Margy Tech Pvt Ltd, McKesson Corp., Medical Information Technology Inc., Orchard Software Corp., Quest Diagnostics Inc., Soft Computer Consultants Inc, Sunquest Information Systems Inc, Sysmex Corp., Thermo Fisher Scientific Inc., and XIFIN Inc.. Also, the laboratory information system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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