Global Laboratory Information Management System Market Size, Trends, By Product (Cloud-based and Web-hosted), By Component (Software and Services), By End-use (Life Sciences and CROs), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030
Global Laboratory Information Management System Market
The Global Laboratory Information Management System Market was valued at US$ 2.4 Bn in 2022, estimated to reach US$ 4.7 Bn by 2030, with a CAGR of 8.21% from 2023-2030.
The efficient management of samples and the data related to them is made possible by laboratory information management systems (LIMS) software. A lab may automate operations, handle samples, and integrate devices with the use of LIMS. Modern genomics also makes use of LIMS software. Modern genomics generates an incredible amount of data, which the LIMS software makes simple to manage.
Market Drivers
The market for these systems is anticipated to increase over the next years as a result of technological developments relevant to pharmaceutical laboratories and the growing demand for lab automation. It is anticipated that improvements in R&D labs, particularly in pharmaceutical and biotechnology laboratories, will support favorable industrial growth. In addition, the Laboratory Information Management System (LIMS) business is growing as a result of low implementation costs, effective time management, and compliance with GDP, GCP, and GMP.
Collaborations, partnerships, acquisitions, and the approval and launch of new products have all had a big impact on the market lately. Due to the growing knowledge of LIMS, there has also been a considerable increase in demand for it, which is also boosting market expansion.
Market Restraints
Data complexity and a lack of user-friendly tools can be a problem, which is estimated to hamper the market growth during the forecast period. The expense of data administration and software is the bottleneck and is one of the restraining factors for the market.
Market Segmentation
The scope of the Global Laboratory Information Management System Market covers segmentation based on Type, Application, Deployment, and Region.
Based on Product, the market is segmented into Cloud-based, Web-hosted.
Based on Component, the market is classified into Software and Services.
Based on End-use, the market is divided into Life Sciences and CROs.
Regional Analysis
The Global Laboratory Information Management System Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the region's established healthcare IT sector and government initiatives to facilitate easy access to laboratory services, North America is anticipated to hold a significant market share in the market for laboratory information systems. It also rules the laboratory informatics market and is expected to do so for a while longer.
Due to the country's rising investments in firms creating laboratory informatics software and its growing adoption of digital healthcare, the United States has dominated the market for laboratory informatics in North America.
Key Players
Thermo Fisher Scientific Inc., PerkinElmer Inc., Autoscribe Informatics, Shimadzu Corporation, Novatek International, Benchling, Agaram Technologies Pvt Ltd, Agilent Technologies, Inc., LabWare, STARLIMS Corporation.
For instance, LabVantage Solutions, Inc. launched Version 8.8 of its flagship LIMS platform in December 2022. This version includes numerous changes to every component.
Market Taxonomy
By Product
• Cloud-based
• Web-hosted
By Component
• Software
• Services
By End-use
• Life Sciences
• CROs
By Region
• North America
• U.S.
• Canada
• Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Bonsai Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Laboratory Information Management System Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Laboratory Information Management System Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Laboratory Information Management System Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Laboratory Information Management System Market Share Analysis, By Product
5.3 Global Laboratory Information Management System Market Size and Forecast, By Product
5.3.1 Cloud-based
5.3.2 Web-hosted
6 Global Laboratory Information Management System Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Laboratory Information Management System Market Share Analysis, By Component
6.3 Global Laboratory Information Management System Market Size and Forecast, By Component
6.3.1 Software
6.3.2 Services
7 Global Laboratory Information Management System Market, By End-use
7.1 Y-o-Y Growth Comparison, By End-use
7.2 Global Laboratory Information Management System Market Share Analysis, By End-use
7.3 Global Laboratory Information Management System Market Size and Forecast, By End-use
7.3.1 Life Sciences
7.2.2 CROs
8 Global Laboratory Information Management System Market, By Region
8.1 Global Laboratory Information Management System Market Share Analysis, By Region
8.2 Global Laboratory Information Management System Market Size and Forecast, By Region
8.3 Global Laboratory Information Management System Market Trends and Forecast, By Region
9 North America Laboratory Information Management System Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Laboratory Information Management System Market Share Analysis, By Product
9.3 North America Laboratory Information Management System Market Size and Forecast, By Component
9.4 North America Laboratory Information Management System Market Size and Forecast, By End-use
9.5 North America Laboratory Information Management System Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Product
9.5.1.2 Market Size and Forecast, By Component
9.5.1.3 Market Size and Forecast, By End-use
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Product
9.5.2.2 Market Size and Forecast, By Component
9.5.2.3 Market Size and Forecast, By End-use
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Product
9.5.3.2 Market Size and Forecast, By Component
9.5.3.3 Market Size and Forecast, By End-use
10 Europe Laboratory Information Management System Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Laboratory Information Management System Market Share Analysis, By Product
10.3 Europe Laboratory Information Management System Market Size and Forecast, By Component
10.4 Europe Laboratory Information Management System Market Size and Forecast, By End-use
10.5 Europe Laboratory Information Management System Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Product
10.5.1.2 Market Size and Forecast, By Component
10.5.1.3 Market Size and Forecast, By End-use
10.5.2 France
10.5.2.1 Market Size and Forecast, By Product
10.5.2.2 Market Size and Forecast, By Component
10.5.2.3 Market Size and Forecast, By End-use
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Product
10.5.3.2 Market Size and Forecast, By Component
10.5.3.3 Market Size and Forecast, By End-use
10.5.4. Russia
10.5.4.1 Market Size and Forecast, By Product
10.5.4.2 Market Size and Forecast, By Component
10.5.4.3 Market Size and Forecast, By End-use
10.5.5. Italy
10.5.5.1 Market Size and Forecast, By Product
10.5.5.2 Market Size and Forecast, By Component
10.5.5.3 Market Size and Forecast, By End-use
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Product
10.5.6.2 Market Size and Forecast, By Component
10.5.6.3 Market Size and Forecast, By End-use
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Product
10.5.7.2 Market Size and Forecast, By Component
10.5.7.3 Market Size and Forecast, By End-use
11 Asia Pacific Laboratory Information Management System Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Laboratory Information Management System Market Share Analysis, By Product
11.3 Asia Pacific Laboratory Information Management System Market Size and Forecast, By Component
11.4 Asia Pacific Laboratory Information Management System Market Size and Forecast, By End-use
11.5 Asia Pacific Laboratory Information Management System Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Product
11.5.1.2 Market Size and Forecast, By Component
11.5.1.3 Market Size and Forecast, By End-use
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Product
11.5.2.2 Market Size and Forecast, By Component
11.5.2.3 Market Size and Forecast, By End-use
11.5.3 India
11.5.3.1 Market Size and Forecast, By Product
11.5.3.2 Market Size and Forecast, By Component
11.5.3.3 Market Size and Forecast, By End-use
11.5.4. South Korea
11.5.4.1 Market Size and Forecast, By Product
11.5.4.2 Market Size and Forecast, By Component
11.5.4.3 Market Size and Forecast, By End-use
11.5.5. Australia
11.5.5.1 Market Size and Forecast, By Product
11.5.5.2 Market Size and Forecast, By Component
11.5.5.3 Market Size and Forecast, By End-use
11.5.6. New Zealand
11.5.6.1 Market Size and Forecast, By Product
11.5.6.2 Market Size and Forecast, By Component
11.5.6.3 Market Size and Forecast, By End-use
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Product
11.5.7.2 Market Size and Forecast, By Component
11.5.7.3 Market Size and Forecast, By End-use
11.5.8. Malaysia
11.5.8.1 Market Size and Forecast, By Product
11.5.8.2 Market Size and Forecast, By Component
11.5.8.3 Market Size and Forecast, By End-use
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Product
11.5.9.2 Market Size and Forecast, By Component
11.5.9.3 Market Size and Forecast, By End-use
12 Latin America Laboratory Information Management System Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Laboratory Information Management System Market Share Analysis, By Product
12.3 Latin America Laboratory Information Management System Market Size and Forecast, By Component
12.4 Latin America Laboratory Information Management System Market Size and Forecast, By End-use
12.5 Latin America Laboratory Information Management System Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Product
12.5.1.2 Market Size and Forecast, By Component
12.5.1.3 Market Size and Forecast, By End-use
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Product
12.5.2.2 Market Size and Forecast, By Component
12.5.2.3 Market Size and Forecast, By End-use
12.5.3. Colombia
12.5.3.1 Market Size and Forecast, By Product
12.5.3.2 Market Size and Forecast, By Component
12.5.3.3 Market Size and Forecast, By End-use
12.5.4. Peru
12.5.4.1 Market Size and Forecast, By Product
12.5.4.2 Market Size and Forecast, By Component
12.5.4.3 Market Size and Forecast, By End-use
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Product
12.5.5.2 Market Size and Forecast, By Component
12.5.5.3 Market Size and Forecast, By End-use
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Product
12.5.6.2 Market Size and Forecast, By Component
12.5.6.3 Market Size and Forecast, By End-use
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Product
12.5.7.2 Market Size and Forecast, By Component
12.5.7.3 Market Size and Forecast, By End-use
13 Middle East Laboratory Information Management System Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Laboratory Information Management System Market Share Analysis, By Product
13.3 Middle East Laboratory Information Management System Market Size and Forecast, By Component
13.4 Middle East Laboratory Information Management System Market Size and Forecast, By End-use
13.5 Middle East Laboratory Information Management System Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Product
13.5.1.2 Market Size and Forecast, By Component
13.5.1.3 Market Size and Forecast, By End-use
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Product
13.5.2.2 Market Size and Forecast, By Component
13.5.2.3 Market Size and Forecast, By End-use
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Product
13.5.3.2 Market Size and Forecast, By Component
13.5.3.3 Market Size and Forecast, By End-use
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Product
13.5.4.2 Market Size and Forecast, By Component
13.5.4.3 Market Size and Forecast, By End-use
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Product
13.5.5.2 Market Size and Forecast, By Component
13.5.5.3 Market Size and Forecast, By End-use
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Product
13.5.6.2 Market Size and Forecast, By Component
13.5.6.3 Market Size and Forecast, By End-use
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Thermo Fisher Scientific Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 PerkinElmer Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Autoscribe Informatics,
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Shimadzu Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Novatek International
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Benchling
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Agaram Technologies Pvt Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Agilent Technologies, Inc.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 LabWare
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 STARLIMS Corporation
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
