HOME Research Insight New Product Launches & Upgrades, Partnerships, Alliances, Agreements, Collaborations, Expansions, and Acquisitions are the Key Business Growth Strategies Used by Players in the Laboratory Informatics Market



New Product Launches & Upgrades, Partnerships, Alliances, Agreements, Collaborations, Expansions, and Acquisitions are the Key Business Growth Strategies Used by Players in the Laboratory Informatics Market


Major players in the market include Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), Core Informatics, LLC (U.S.), Abbott Informatics (U.S.), LabVantage Solutions, Inc. (U.S.), LabLynx, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Waters Corporation (U.S.), Agilent Technologies, Inc. (U.S.), and ID Business Solutions Ltd. (U.K.).

Thermo Fisher Scientific, Inc. (U.S.) is among the leading players in the laboratory informatics market because of its strong brand image and robust product portfolio. The company focuses on adopting organic growth strategies. The company launched Thermo Scientific TraceFinder 4.1, Thermo Scientific Compound Discoverer 2.0 Software, Thermo Scientific Proteome Discoverer 2.1 Platform, Thermo Scientific BioPharma Finder 1.0 Software, Thermo Scientific LipidSearch 4.1 Software, and mzCloud Advanced Mass Spectral Database. The company focuses on expansions and strategic alliances. In the past, the company entered into an alliance with Naizak Global Engineering Systems (Saudi Arabia). Under this alliance, Naizak sells and supports Thermo Fisher Scientificís informatics solutions, including LIMS, scientific data management Systems (SDMS), Laboratory Execution Systems (LES), Chromatography Data Management Systems (CDS), and integration solutions throughout Saudi Arabia and the Middle East.

LabVantage Solutions, Inc. (U.S.) is also one of the leading players in this market; it has a strong portfolio of informatics products and solutions, including LABVANTAGE Laboratory Information Management Suite, LABVANTAGE Connect, LABVANTAGE Pharma, LABVANTAGE Quality Management Solution, LABVANTAGE BioBanking Solution, LABVANTAGE Life Sciences R&D Solution, LABVANTAGE LIMSView, LABVANTAGE 8, and eNotebook. The company focuses on adopting both organic and inorganic growth strategies such as new product launches & upgrades and partnerships.

Companies are focusing on adopting organic and inorganic growth strategies such as partnerships, collaborations, agreements, and strategic alliances; new product launches and upgrades; expansions and investments; and acquisitions to synergistically develop advanced laboratory informatics solutions in the market. These strategies help market players to strengthen their product offerings, cater to the unmet needs of customers, increase their profitability, and expand their presence in the global market.

Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), LabVantage Solutions, Inc. (U.S.), Abbott Informatics (U.S.), PerkinElmer, Inc. (U.S.), Core Informatics, LLC (U.S.), Waters Corporation (U.S.), Agilent Technologies, Inc. (U.S.), and ID Business Solutions Ltd. (U.K.) are the companies that majorly adopted these strategies.

Related Reports:

Lab Informatics Market by Product (CDS, EDC, LES, ECM, ELN, LIMS, SDMS), Component (Software, Services), Delivery (On-Premise, Hosted, Cloud) & Industry (CROs, Pharma, Biotechnology, Chemical, Petrochemical, F&B, Agriculture, Oil, Gas) - Forecasts to 2021

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