Laboratory Informatics Market by Type of Solution (LIMS, ELN, ECM, SDMS), Component (Software, Service), Deployment, Industry (Pharmaceutical, Biotechnology, Chemical, Agriculture, Petrochemical, oil & gas) - Global Forecasts to 2024
[214 Pages Report] The global laboratory informatics market is estimated to reach USD 3.8 billion by 2024 from USD 2.6 billion in 2019, at a CAGR of 7.5% during the forecast period. Growth in this market is mainly driven by the increasing need for laboratory automation, development of integrated lab informatics solutions, increasing need to comply with regulatory standards, and the growing demand in biobanks/biorepositories. On the other hand, the lack of integration standards and high maintenance and service costs are expected to restrain the growth of this market to a certain extent.
In 2018, the on-premise deployment models segment accounted for the largest share of the laboratory informatics market.
By deployment model, the laboratory informatics market is segmented into on-premise, cloud-based, and remotely hosted models. In 2018, the on-premise models segment accounted for the largest share of the laboratory informatics market. However, cloud-based deployment models are expected to register the highest growth rate during the forecast period. The advantages of cloud-based models, such as on-demand self-serving analytics, no upfront capital investments for hardware, extreme capacity flexibility, and pay-as-you-go pricing are driving the growth of this market segment.
The life sciences industry segment accounted for the largest share of the global laboratory informatics market in 2018.
Based on industry, the laboratory informatics market is segmented into the life sciences industry, chemicals industry, food & beverage and agriculture industry, petrochemical refineries and oil & gas industry, environmental testing laboratories, other industries. The life sciences industry segment commanded a larger share of the market and is projected to register the highest CAGR during the forecast period. Federal agency regulations to maintain data integrity, security, and validity are driving life sciences laboratories to adopt laboratory informatics solutions
The pharmaceutical & biotechnology companies segment accounted for the largest share of the life sciences industry market in 2018.
The life sciences industry is further segmented into pharmaceutical & biotechnology companies, biobanks & biorepositories, contract service organizations (CROs & CMOs), molecular diagnostics & clinical research laboratories, and academic research institutes. Of these, the pharmaceutical & biotechnology companies segment accounted for the largest share of the life sciences industry market in 2018, while biobanks & biorepositories are expected to witness the highest growth during the forecast period.
North America accounted for the largest share of the laboratory informatics market during the forecast period.
Geographically, the laboratory informatics market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2018, North America dominated the market, followed by Europe. Growth in the North American market is supported by the growing demand for the integration of laboratory systems, rising government funding for research, growth in biobanks, need for early drug discovery, easy availability of laboratory informatics products and services, and stringent regulatory requirements across industries.
Key Players in the Global Laboratory Informatics Market
The laboratory informatics market is diversified and highly competitive, with a large number of players competing for market space. The prominent players in the market are Thermo Fisher Scientific Inc. (US), LabVantage Solutions, Inc. (US), LabWare (US), Abbott Informatics (US), LabLynx, Inc. (US), Waters (US), Agilent Technologies, Inc. (US), Autoscribe Informatics (US), Dassault Systθmes (Paris, France), LABWORKS LLC (US), KineMatik (Ireland), Accelerated Technology Laboratories (ATL) (US), and PerkinElmer Inc. (US).
Thermo Fisher Scientific, Inc.: Thermo Fisher Scientific, Inc. is one of the leading players in the lab informatics market. In order to maintain its leading position in this market, the company focuses on research and development activities. The company invested USD 0.89 billion, USD 0.76 billion, and USD 0.69 billion in R&D activities in 2017, 2016, and 2015, respectively. With its focus on R&D, Thermo Fisher Scientific added features to its Sample Manager LIMS software in May 2016. In order to maintain its leading position in the lab informatics market, the company adopts organic and inorganic growth strategies such as product launches, expansions, and acquisitions. For instance, in March 2017, Thermo Fisher acquired Core Informatics (Netherlands) to enhance its informatics solutions and its cloud platform, including laboratory information management systems (LIMS), electronic laboratory notebook (ELN) technologies, and scientific data management solutions (SDMS). In September 2016, Thermo Fisher Scientific opened its new global headquarters in Massachusetts (US).
Recent Developments
- In August 2018, Waters (US) signed an agreement with Restek Corporation (US). Under this agreement, Waters and Restek Corporation agreed to provide training and application support of GC-MS methods and workflows for pesticide monitoring and screening to food safety laboratories.
- In May 2018, Agilent Technologies (US) acquired Genohm (Switzerland). This acquisition enhanced Agilents current software portfolio by adding LIMS and workflow management, thus expanding the companys ELN capabilities.
- In February 2018, Autoscribe Informatics opened a new operation facility in Australia to expand its LIMS customer base to Australia and New Zealand.
- In March 2017, Thermo Fisher Scientific acquired Core Informatics. This acquisition enhanced Thermo Fishers existing informatics solutions and its cloud platform, including its laboratory information management systems (LIMS), electronic laboratory notebook (ELN) technologies, and scientific data management solutions (SDMS).
Key Questions Addressed by the Report
- Where will all these developments take the industry in the mid to long term?
- What types of annual and multi-year partnerships are laboratory informatics companies exploring?
- Which are the key players in the market and how intense is the competition?
- Which are the recent contracts and agreements key players have signed?
- What are the recent trends affecting laboratory informatics manufacturers?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 22)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 25)
2.1 Research Data
2.1.1 Secondary Sources
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Market Share Estimation
2.5 Assumptions for the Study
3 Executive Summary (Page No. - 33)
4 Premium Insights (Page No. - 37)
4.1 Laboratory Informatics Market Overview
4.2 Laboratory Informatics Market, By Type of Solutions, 2019 vs 2024 (USD Million)
4.3 Laboratory Informatics Market, By Deployment Model, 20192024 (USD Million)
4.4 Laboratory Informatics Market Share, By Industry and Region, 2019
4.5 Laboratory Informatics Market: Geographic Growth Opportunities
5 Market Overview (Page No. - 41)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Increasing Need for Laboratory Automation
5.2.1.2 Development of Integrated Lab Informatics Solutions
5.2.1.3 Need to Comply With Regulatory Requirements
5.2.1.4 Growing Demand in Biobanks/Biorepositories, Academic Research Institutes, and Cros
5.2.2 Market Restraints
5.2.2.1 Lack of Integration Standards
5.2.2.2 High Maintenance and Service Costs
5.2.3 Market Opportunities
5.2.3.1 Growing Popularity of Cloud-Based Laboratory Informatics
5.2.3.2 Significant Growth Potential in Emerging Countries
5.2.3.3 Use of Lab Informatics Solutions in the Cannabis Industry
5.2.4 Market Challenges
5.2.4.1 Interfacing With Diverse Laboratory Instruments
5.2.4.2 Dearth of Trained Professionals
6 Laboratory Informatics Market, By Type of Solution (Page No. - 46)
6.1 Introduction
6.2 Laboratory Information Management Systems (LIMS)
6.2.1 Broad-Based LIMS
6.2.1.1 Broad-Based LIMS are User-Friendly, Reduce the Total Cost of Ownership, and Enable Faster ROI
6.2.2 Industry-Specific LIMS
6.2.2.1 Lack of Sufficient Documentation and A High Total Cost of Ownership and Maintenance are Restraining Market Growth
6.3 Electronic Lab Notebooks (ELN)
6.3.1 Increasing Need for Compliance With Regulations, IP Protection, and Instrument Management to Support Market Growth
6.4 Chromatography Data Systems (CDS)
6.4.1 Chromatography Data Systems are Used to Interpret Data From Chromatography Instruments and Convert It Into A Human-Readable Format
6.5 Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)
6.5.1 Increasing R&D Expenditure of Pharmaceutical Companies to Drive the Adoption of EDC & CDMS
6.6 Laboratory Execution Systems (LES)
6.6.1 Laboratory Execution Systems Provides an Electronic Environment That Removes Paper Processes and Automates the Interaction With Methods, Instruments, and Supplies That are Used in Day-To-Day Activities
6.7 Enterprise Content Management (ECM)
6.7.1 Enterprise Content Management Systems Increase Productivity for Organizations By Saving Time Spent on Manual Tasks, Reducing Paper Consumption, and Maximizing Office Storage Space
6.8 Scientific Data Management Systems (SDMS)
7 Laboratory Informatics Market, By Component (Page No. - 72)
7.1 Introduction
7.2 Services
7.2.1 Technological Advancements in Solution Offerings & Increasing Adoption of Cloud-Based Solutions to Drive the Adoption of Laboratory Informatics Services
7.3 Software
7.3.1 Growing Need to Integrate Existing Laboratory Systems & Shifting Trend Towards Laboratory Automation are the Key Factors Supporting the Growth of the Software Market
8 Laboratory Informatics Market, By Deployment Model (Page No. - 80)
8.1 Introduction
8.2 On-Premise Models
8.2.1 Growth of This Segment is Declining as On-Premise Models Have A High Cost of Ownership
8.3 Cloud-Based Models
8.3.1 This Segment is Expected to Grow at the Highest Rate During the Forecast Period
8.4 Remotely Hosted Models
8.4.1 Factors Such as the Low Total Cost of Ownership (TCO) and A Good Return on Investment are Expected to Drive the Growth of This Segment
9 Laboratory Informatics Market, By Industry (Page No. - 91)
9.1 Introduction
9.2 Life Sciences Industry
9.2.1 Pharmaceutical and Biotechnology Companies
9.2.1.1 Companies are Increasingly Adopting Informatics Solutions to Improve Their Efficiency
9.2.2 Biobanks & Biorepositories
9.2.2.1 Demand for High-Quality Specimens has Boosted the Use of Automated Systems
9.2.3 Molecular Diagnostics & Clinical Research Laboratories
9.2.3.1 Clinical Labs Offer Significant Opportunities for the Growth of the Lab Informatics Solutions Segment
9.2.4 Contract Service Organizations
9.2.4.1 Increasing Number of Clinical Trials Will Support Market Growth in This Segment
9.2.5 Academic Research Institutes
9.2.5.1 Low Throughput Needs Account for the Small Share of This Segment
9.3 Chemicals Industry
9.3.1 Need to Integrate Systems and Centralize Databases has Driven Use of Informatics
9.4 Food & Beverage and Agriculture Industry
9.4.1 Lab Informatics Solutions Can Provide Data Traceability and Accessibility in the Food & Beverage Industry
9.5 Petrochemical Refineries and Oil & Gas Industry
9.5.1 Integration of Operations is A Key Function of Lab Informatics Solutions in This Segment
9.6 Environmental Testing Laboratories
9.6.1 Need to Comply With Regulations is Driving the Demand for LIMS
9.7 Other Industries
10 Laboratory Informatics Market, By Region (Page No. - 122)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Strong Economy and Increasing R&D Expenditure are Expected to Drive Laboratory Informatics Market in the US
10.2.2 Canada
10.2.2.1 Rising Demand for Lab Automation is Driving the Growth in Canada
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany to Dominate the Market in Europe
10.3.2 UK
10.3.2.1 Increasing Expenditure on Pharmaceuticals is Expected to Drive the Laboratory Informatics Market in the UK
10.3.3 France
10.3.3.1 Growing R&D Investment on Biotechnology Companies is Expected Drive the French Market
10.3.4 Rest of Europe (RoE)
10.4 Asia
10.4.1 Japan
10.4.1.1 Growing Government Support for Clinical R&D Activities is Propelling the Demand for Laboratory Informatics Solutions in the Country
10.4.2 China
10.4.2.1 in China, Any Software Interface Needs to Be Translated in the Regional Language, Which Makes It Challenging for International Players to Compete in This Market
10.4.3 India
10.4.3.1 Growth in Drug Development-Based Research is One of the Major Factors Boosting the Demand for Laboratory Informatics Solutions in the Country
10.4.4 Rest of Asia
10.5 Rest of the World
11 Competitive Landscape (Page No. - 174)
11.1 Overview
11.2 Market Player Ranking
11.3 Competitive Leadership Mapping Overall Market
11.3.1 Visionary Leaders
11.3.2 Dynamic Differentiators
11.3.3 Innovators
11.3.4 Emerging Players
11.4 Competitive Leadership Mapping Start-Up/Sme
11.4.1 Progressive Companies
11.4.2 Starting Blocks
11.4.3 Responsive Companies
11.4.4 Dynamic Companies
11.5 Competitive Situation and Trends
11.5.1 Product & Services Launches
11.5.2 Expansions
11.5.3 Acquisitions
11.5.4 Other Strategies
12 Company Profiles (Page No. - 182)
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
12.1 Thermo Fisher Scientific Inc.
12.2 Labvantage Solutions, Inc.
12.3 Labware
12.4 Abbott Informatics (A Subsidiary of Abbott Laboratories)
12.5 Lablynx, Inc.
12.6 Waters
12.7 Agilent Technologies, Inc.
12.8 Autoscribe Informatics (A Wholly Owned Subsidiary of Autoscribe Limited)
12.9 Dassault Systθmes
12.10 Labworks LLC
12.11 Kinematik
12.12 Accelerated Technology Laboratories
12.13 Perkinelmer Inc.
*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 208)
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details
List of Tables (204 Tables)
Table 1 Indicative List of Cannabis LIMS Offered By Market Players
Table 2 Laboratory Informatics Market, By Type of Solution, 20172024 (USD Million)
Table 3 Laboratory Information Management Systems Market, By Type, 20172024 (USD Million)
Table 4 Laboratory Information Management Systems Market, By Region, 20172024 (USD Million)
Table 5 North America: Laboratory Information Management Systems Market, By Country, 20172024 (USD Million)
Table 6 Europe: Laboratory Information Management Systems Market, By Country, 20172024 (USD Million)
Table 7 Asia: Laboratory Information Management Systems Market, By Country, 20172024 (USD Million)
Table 8 Laboratory Information Management Systems Market, By Application, 20172024 (USD Million)
Table 9 Broad-Based Laboratory Information Management Systems Market, By Region, 20172024 (USD Million)
Table 10 Industry-Specific Laboratory Information Management Systems Market, By Region, 20172024 (USD Million)
Table 11 ELN Solutions Offered By Key Players
Table 12 Electronic Lab Notebooks Market, By Region, 20172024 (USD Million)
Table 13 North America: Electronic Lab Notebooks Market, By Country, 20172024 (USD Million)
Table 14 Europe: Electronic Lab Notebooks Market, By Country, 20172024 (USD Million)
Table 15 Asia: Electronic Lab Notebooks Market, By Country, 20172024 (USD Million)
Table 16 Electronic Lab Notebooks Market, By Application, 20172024 (USD Million)
Table 17 CDS Solutions Offered By Key Players
Table 18 Chromatography Data Systems Market, By Region, 20172024 (USD Million)
Table 19 North America: Chromatography Data Systems Market, By Country, 20172024 (USD Million)
Table 20 Europe: Chromatography Data Systems Market, By Country, 20172024 (USD Million)
Table 21 Asia: Chromatography Data Systems Market, By Country, 20172024 (USD Million)
Table 22 Chromatography Data Systems Market, By Application, 20172024 (USD Million)
Table 23 EDC & CDMS Solutions Offered By Market Players
Table 24 Electronic Data Capture & Clinical Data Management Systems Market, By Region, 20172024 (USD Million)
Table 25 North America: Electronic Data Capture & Clinical Data Management Systems Market, By Country, 20172024 (USD Million)
Table 26 Europe: Electronic Data Capture & Clinical Data Management Systems Market, By Country, 20172024 (USD Million)
Table 27 Asia: Electronic Data Capture & Clinical Data Management Systems Market, By Country, 20172024 (USD Million)
Table 28 Electronic Data Capture & Clinical Data Management Systems Market, By Application, 20172024 (USD Million)
Table 29 LES Solutions Offered By Key Players
Table 30 Laboratory Execution Systems Market, By Region, 20172024 (USD Million)
Table 31 North America: Laboratory Execution Systems Market, By Country, 20172024 (USD Million)
Table 32 Europe: Laboratory Execution Systems Market, By Country, 20172024 (USD Million)
Table 33 Asia: Laboratory Execution Systems Market, By Country, 20172024 (USD Million)
Table 34 Laboratory Execution Systems Market, By Application, 20172024 (USD Million)
Table 35 Enterprise Content Management Market, By Region, 20172024 (USD Million)
Table 36 North America: Enterprise Content Management Market, By Country, 20172024 (USD Million)
Table 37 Europe: Enterprise Content Management Market, By Country, 20172024 (USD Million)
Table 38 Asia: Enterprise Content Management Market, By Country, 20172024 (USD Million)
Table 39 Enterprise Content Management Market, By Application, 20172024 (USD Million)
Table 40 Scientific Data Management Systems Market, By Region, 20172024 (USD Million)
Table 41 North America: Scientific Data Management Systems Market, By Country, 20172024 (USD Million)
Table 42 Europe: Scientific Data Management Systems Market, By Country, 20172024 (USD Million)
Table 43 Asia: Scientific Data Management Systems Market, By Country, 20172024 (USD Million)
Table 44 Scientific Data Management Systems Market, By Application, 20172024 (USD Million)
Table 45 Market, By Component, 20172024 (USD Million)
Table 46 Training and Educational Services Offered By Key Players
Table 47 Laboratory Informatics Services Market, By Region, 20172024 (USD Million)
Table 48 North America: Laboratory Informatics Services Market, By Country, 20172024 (USD Million)
Table 49 Europe: Laboratory Informatics Services Market, By Country, 20172024 (USD Million)
Table 50 Asia: Laboratory Informatics Services Market, By Country, 20172024 (USD Million)
Table 51 Laboratory Informatics Software Launched By Key Market Players, 20162017
Table 52 Laboratory Informatics Software Offered By Market Players
Table 53 Laboratory Informatics Software Market, By Region, 20172024 (USD Million)
Table 54 North America: Laboratory Informatics Software Market, By Country, 20172024 (USD Million)
Table 55 Europe: Laboratory Informatics Software Market, By Country, 20172024 (USD Million)
Table 56 Asia: Laboratory Informatics Software Market, By Country, 20172024 (USD Million)
Table 57 Market, By Deployment Model, 20172024 (USD Million)
Table 58 Solutions Offered By Market Players
Table 59 On-Premise Laboratory Informatics Market, By Region, 20172024 (USD Million)
Table 60 North America: On-Premise Laboratory Informatics Market, By Country, 20172024 (USD Million)
Table 61 Europe: On-Premise Laboratory Informatics Market, By Country, 20172024 (USD Million)
Table 62 Asia: On-Premise Laboratory Informatics Market, By Country, 20172024 (USD Million)
Table 63 Solutions Offered By Market Players
Table 64 Cloud-Based Laboratory Informatics Market, By Region, 20172024 (USD Million)
Table 65 North America: Cloud-Based Laboratory Informatics Market, By Country, 20172024 (USD Million)
Table 66 Europe: Cloud-Based Laboratory Informatics Market, By Country, 20172024 (USD Million)
Table 67 Asia: Cloud-Based Laboratory Informatics Market, By Country, 20172024 (USD Million)
Table 68 Solutions Offered By Market Players
Table 69 Remotely Hosted Laboratory Informatics Market, By Region, 20172024 (USD Million)
Table 70 North America: Remotely Hosted Lab Informatics Market, By Country, 20172024 (USD Million)
Table 71 Europe: Remotely Hosted Lab Informatics Market, By Country, 20172024 (USD Million)
Table 72 Asia: Remotely Hosted Lab Informatics Market, By Country, 20172024 (USD Million)
Table 73 Lab Informatics Market, By Industry, 20172024 (USD Million)
Table 74 Lab Informatics Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 75 Lab Informatics Market for Life Sciences Industry, By Region, 20172024 (USD Million)
Table 76 North America: Lab Informatics Market for Life Sciences Industry, By Country, 20172024 (USD Million)
Table 77 Europe: Lab Informatics Market for Life Sciences Industry, By Country, 20172024 (USD Million)
Table 78 Asia: Lab Informatics Market for Life Sciences Industry, By Country, 20172024 (USD Million)
Table 79 Pharmaceutical and Biotechnology Companies: Solutions Offered By Key Players
Table 80 Lab Informatics Market for Pharmaceutical and Biotechnology Companies, By Region, 20172024 (USD Million)
Table 81 North America: Lab Informatics Market for Pharmaceutical and Biotechnology Companies, By Country, 20172024 (USD Million)
Table 82 Europe: Lab Informatics Market for Pharmaceutical and Biotechnology Companies, By Country, 20172024 (USD Million)
Table 83 Asia: Lab Informatics Market for Pharmaceutical and Biotechnology Companies, By Country, 20172024 (USD Million)
Table 84 Lab Informatics Market for Biobanks and Biorepositories, By Region, 20172024 (USD Million)
Table 85 North America: Lab Informatics Market for Biobanks and Biorepositories, By Country, 20172024 (USD Million)
Table 86 Europe: Lab Informatics Market for Biobanks and Biorepositories, By Country, 20172024 (USD Million)
Table 87 Asia: Lab Informatics Market for Biobanks and Biorepositories, By Country, 20172024 (USD Million)
Table 88 Lab Informatics Market for Molecular Diagnostics & Clinical Research Laboratories, By Region, 20172024 (USD Million)
Table 89 North America: Lab Informatics Market for Molecular Diagnostics & Clinical Research Laboratories, By Country, 20172024 (USD Million)
Table 90 Europe: Lab Informatics Market for Molecular Diagnostics & Clinical Research Laboratories, By Country, 20172024 (USD Million)
Table 91 Asia: Lab Informatics Market for Molecular Diagnostics & Clinical Research Laboratories, By Country, 20172024 (USD Million)
Table 92 Lab Informatics Market for Contract Service Organizations, By Region, 20172024 (USD Million)
Table 93 North America: Lab Informatics Market for Contract Service Organizations, By Country, 20172024 (USD Million)
Table 94 Europe: Lab Informatics Market for Contract Service Organizations, By Country, 20172024 (USD Million)
Table 95 Asia: Lab Informatics Market for Contract Service Organizations, By Country, 20172024 (USD Million)
Table 96 Lab Informatics Market for Academic Research Institutes, By Region, 20172024 (USD Million)
Table 97 North America: Lab Informatics Market for Academic Research Institutes, By Country, 20172024 (USD Million)
Table 98 Europe: Lab Informatics Market for Academic Research Institutes, By Country, 20172024 (USD Million)
Table 99 Asia: Lab Informatics Market for Academic Research Institutes, By Country, 20172024 (USD Million)
Table 100 Lab Informatics Market for Chemicals Industry, By Region, 20172024 (USD Million)
Table 101 North America: Market for Chemicals Industry, By Country, 20172024 (USD Million)
Table 102 Europe: Market for Chemicals Industry, By Country, 20172024 (USD Million)
Table 103 Asia: Market for Chemicals Industry, By Country, 20172024 (USD Million)
Table 104 Market for Food & Beverage and Agriculture Industry, By Region, 20172024 (USD Million)
Table 105 North America: Market for Food & Beverage and Agriculture Industry, By Country, 20172024 (USD Million)
Table 106 Europe: Market for Food & Beverage and Agriculture Industry, By Country, 20172024 (USD Million)
Table 107 Asia: Market for Food & Beverage and Agriculture Industry, By Country, 20172024 (USD Million)
Table 108 Market for Petrochemical Refineries and Oil & Gas Industry, By Region, 20172024 (USD Million)
Table 109 North America: Market for Petrochemical Refineries and Oil & Gas Industry, By Country, 20172024 (USD Million)
Table 110 Europe: Market for Petrochemical Refineries and Oil & Gas Industry, By Country, 20172024 (USD Million)
Table 111 Asia: Market for Petrochemical Refineries and Oil & Gas Industry, By Country, 20172024 (USD Million)
Table 112 Market for Environmental Testing Laboratories, By Region, 20172024 (USD Million)
Table 113 North America: Market for Environmental Testing Laboratories, By Country, 20172024 (USD Million)
Table 114 Europe: Market for Environmental Testing Laboratories, By Country, 20172024 (USD Million)
Table 115 Asia: Market for Environmental Testing Laboratories, By Country, 20172024 (USD Million)
Table 116 Forensic Laboratories: Solutions Offered By Key Players
Table 117 Lab Informatics Market for Other Industries, By Region, 20172024 (USD Million)
Table 118 North America: Lab Informatics Market for Other Industries, By Country, 20172024 (USD Million)
Table 119 Europe: Lab Informatics Market for Other Industries, By Country, 20172024 (USD Million)
Table 120 Asia: Lab Informatics Market for Other Industries, By Country, 20172024 (USD Million)
Table 121 Lab Informatics Market, By Region, 20172024 (USD Million)
Table 122 North America: Lab Informatics Market, By Country, 20172024 (USD Million)
Table 123 North America: Lab Informatics Market, By Type of Solution, 20172024 (USD Million)
Table 124 North America: LIMS Market, By Type, 20172024 (USD Million)
Table 125 North America: Lab Informatics Market, By Component, 20172024 (USD Million)
Table 126 North America: Lab Informatics Market, By Deployment Model, 20172024 (USD Million)
Table 127 North America: Lab Informatics Market, By Industry, 20172024 (USD Million)
Table 128 North America: Lab Informatics Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 129 Recent Product Launches in the Us
Table 130 US: Market, By Type of Solution, 20172024 (USD Million)
Table 131 US: Market, By Component, 20172024 (USD Million)
Table 132 US: Market, By Deployment Model, 20172024 (USD Million)
Table 133 US: Market, By Industry, 20172024 (USD Million)
Table 134 US: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 135 Canada: Market, By Type of Solution, 20172024 (USD Million)
Table 136 Canada: Market, By Component, 20172024 (USD Million)
Table 137 Canada: Market, By Deployment Model, 20172024 (USD Million)
Table 138 Canada: Market, By Industry, 20172024 (USD Million)
Table 139 Canada: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 140 Europe: Market, By Country, 20172024 (USD Million)
Table 141 Europe: Market, By Type of Solution, 20172024 (USD Million)
Table 142 Europe: LIMS Market, By Type, 20172024 (USD Million)
Table 143 Europe: Market, By Component, 20172024 (USD Million)
Table 144 Europe: Market, By Deployment Model, 20172024 (USD Million)
Table 145 Europe: Market, By Industry, 20172024 (USD Million)
Table 146 Europe: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 147 Germany: Market, By Type of Solution, 20172024 (USD Million)
Table 148 Germany: Market, By Component, 20172024 (USD Million)
Table 149 Germany: Market, By Deployment Model, 20172024 (USD Million)
Table 150 Germany: Market, By Industry, 20172024 (USD Million)
Table 151 Germany: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 152 UK: R&D Expenditure, By Segment, 2017 (USD Billion)
Table 153 UK: Market, By Type of Solution, 20172024 (USD Million)
Table 154 UK: Market, By Component, 20172024 (USD Million)
Table 155 UK: Market, By Deployment Model, 20172024 (USD Million)
Table 156 UK: Market, By Industry, 20172024 (USD Million)
Table 157 UK: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 158 France: Market, By Type of Solution, 20172024 (USD Million)
Table 159 France: Market, By Component, 20172024 (USD Million)
Table 160 France: Market, By Deployment Model, 20172024 (USD Million)
Table 161 France: Market, By Industry, 20172024 (USD Million)
Table 162 France: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 163 RoE: Recent Conferences, Workshops, Symposia, and Forums
Table 164 Rest of Europe: Market, By Type of Solution, 20172024 (USD Million)
Table 165 Rest of Europe: Market, By Component, 20172024 (USD Million)
Table 166 Rest of Europe: Market, By Deployment Model, 20172024 (USD Million)
Table 167 Rest of Europe: Market, By Industry, 20172024 (USD Million)
Table 168 Rest of Europe: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 169 Asia: Market, By Country, 20172024 (USD Million)
Table 170 Asia: Market, By Type of Solution, 20172024 (USD Million)
Table 171 Asia: LIMS Market, By Type, 20172024 (USD Million)
Table 172 Asia: Market, By Component, 20172024 (USD Million)
Table 173 Asia: Market, By Deployment Model, 20172024 (USD Million)
Table 174 Asia: Market, By Industry, 20172024 (USD Million)
Table 175 Asia: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 176 Japan: Market, By Type of Solution, 20172024 (USD Million)
Table 177 Japan: Market, By Component, 20172024 (USD Million)
Table 178 Japan: Market, By Deployment Model, 20172024 (USD Million)
Table 179 Japan: Market, By Industry, 20172024 (USD Million)
Table 180 Japan: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 181 China: Market, By Type of Solution, 20172024 (USD Million)
Table 182 China: Market, By Component, 20172024 (USD Million)
Table 183 China: Market, By Deployment Model, 20172024 (USD Million)
Table 184 China: Market, By Industry, 20172024 (USD Million)
Table 185 China: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 186 India: Market, By Type of Solution, 20172024 (USD Million)
Table 187 India: Market, By Component, 20172024 (USD Million)
Table 188 India: Market, By Deployment Model, 20172024 (USD Million)
Table 189 India: Market, By Industry, 20172024 (USD Million)
Table 190 India: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 191 Rest of Asia: Market, By Type of Solution, 20172024 (USD Million)
Table 192 Rest of Asia: Market, By Component, 20172024 (USD Million)
Table 193 Rest of Asia: Market, By Deployment Model, 20172024 (USD Million)
Table 194 Rest of Asia: Market, By Industry, 20172024 (USD Million)
Table 195 Rest of Asia: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 196 Rest of the World: Market, By Type of Solution, 20172024 (USD Million)
Table 197 Rest of the World: Market, By Component, 20172024 (USD Million)
Table 198 Rest of the World: Market, By Deployment Model, 20172024 (USD Million)
Table 199 Rest of the World: Market, By Industry, 20172024 (USD Million)
Table 200 Rest of the World: Market for Life Sciences Industry, By Type, 20172024 (USD Million)
Table 201 Product Launches, 20162018
Table 202 Expansions, 20162018
Table 203 Acquisitions, 20152018
Table 204 Other Strategies, 20152018
List of Figures (37 Figures)
Figure 1 Laboratory Informatics Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Lab Informatics Market, By Type of Solution, 20192024 (USD Million)
Figure 8 Lab Informatics Market, By Component, 2019 vs 2014 (USD Million)
Figure 9 Lab Informatics Market, By Deployment Model, 2019 vs 2014 (USD Million)
Figure 10 Lab Informatics Market, By Industry, 2019 vs 2024 (USD Million)
Figure 11 Geographical Snapshot: Lab Informatics Market
Figure 12 Increasing Need for Laboratory Automation is A Major Factor Driving the Adoption of Laboratory Informatics Solutions
Figure 13 LIMS Segment to Register the Highest Growth Rate During the Forecast Period
Figure 14 On-Premise Segment Accounted for the Largest Market Share in 2018
Figure 15 Life Science Industry Estimated to Account for the Largest Share of the Market in 2019
Figure 16 Asia is Expected to Grow at the Highest Rate During the Forecast Period
Figure 17 Lab Informatics Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Laboratory Information Management Systems Segment to Witness the Highest Growth During the Forecast Period
Figure 19 Services Segment to Offer Significant Growth Opportunities During the Forecast Period
Figure 20 Cloud-Based Models to Offer Significant Growth Opportunities for Market Players
Figure 21 Life Sciences Industry Segment to Register the Highest Growth Rate During the Forecast Period
Figure 22 Pharmaceutical and Biotechnology Companies Segment to Account for the Largest Market Share in 2018
Figure 23 North America Dominated the Lab Informatics Market in 2018
Figure 24 North America: Lab Informatics Market Snapshot
Figure 25 Europe: Lab Informatics Market Snapshot
Figure 26 Asia: Lab Informatics Market Snapshot
Figure 27 RoW: Lab Informatics Market Snapshot
Figure 28 Product Launch and UpgradationKey Growth Strategy Adopted By Market Players From 2015 to October 2018
Figure 29 Global Lab Informatics Market Player Ranking, 2018
Figure 30 Competitive Leadership Mapping of the Lab Informatics Market Overall Market
Figure 31 Competitive Leadership Mapping of the Lab Informatics Market - Sme
Figure 32 Thermo Fisher Scientific: Company Snapshot (2017)
Figure 33 Abbott Laboratories: Company Snapshot (2017)
Figure 34 Waters: Company Snapshot (2017)
Figure 35 Agilent Technologies: Company Snapshot (2018)
Figure 36 Dassault Systθmes: Company Snapshot (2017)
Figure 37 Perkinelmer Inc.: Company Snapshot (2018)
The study involved four major activities in estimating the current size of the global laboratory informatics market. Exhaustive secondary research was done to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing values with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary research was mainly used to identify and collect information for the extensive, technical, market-oriented, and commercial study of the global laboratory informatics market. Secondary sources include directories; databases such as Bloomberg Business, Factiva, and Wall Street Journal; white papers; and annual reports were also used to obtain key information about major players, market classification, and segmentation according to industry trends, regional/country-level markets, market developments, and technology perspectives.
Primary Research
In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify the critical qualitative and quantitative information as well as assess prospects of the market. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The following is a breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the global laboratory informatics market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research.
- The revenue generated from the sale of laboratory informatics solutions and services by leading players has been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size from the market size estimation process, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, and forecast the global laboratory informatics market on the basis of type of solution, component, deployment model, industry, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets with respect to the individual growth trends, future prospects, and contributions to the overall market
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia, and the Rest of the World (RoW)
- To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
- To track and analyze competitive developments such as partnerships, agreements, mergers & acquisitions, expansions, product & service launches/upgrades, and R&D activities in the global laboratory informatics market
Scope of the report
|
Report Metric |
Details |
|
Market size available for years |
20172024 |
|
Base year considered |
2018 |
|
Forecast period |
20192024 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Type of Solution, Component, Deployment Model, Industry, and Region |
|
Geographies covered |
North America (US and Canada), Asia (Japan, China, India, and RoA), Europe (Germany, UK, France, and RoE), and the Rest of the World |
|
Companies covered |
Thermo Fisher Scientific Inc. (US), LabVantage Solutions, Inc. (US), LabWare (US), Abbott Informatics (US), LabLynx, Inc. (US), Waters (US), Agilent Technologies, Inc. (US), Autoscribe Informatics (US), Dassault Systθmes (Paris, France), LABWORKS LLC (US), KineMatik (Ireland), Accelerated Technology Laboratories (ATL) (US), and PerkinElmer Inc. (US) |
The research report categorizes the global laboratory informatics market into the following segments and subsegments:
Laboratory Informatics Market, by Type of Solution
- Laboratory Information Management Systems (LIMS)
- Electronic Lab Notebooks (ELN)
- Chromatography Data Systems (CDS)
- Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)
- Laboratory Execution Systems (LES)
- Enterprise Content Management (ECM)
- Scientific Data Management Systems (SDMS)
Laboratory Informatics Market, by Component
- Services
- Software
Laboratory Informatics Market, by Deployment Model
- On-premise
- Cloud-based
- Remotely Hosted
Laboratory Informatics Market, by Industry
- Life Sciences Industry
- Pharmaceutical & Biotechnology Companies
- Biobanks & Biorepositories
- Molecular Diagnostics & Clinical Research Laboratories
- Contract Service Organizations
- Academic Research Institutes
- Chemicals Industry
- Food & Beverage and Agriculture Industry
- Petrochemical Refineries and Oil & Gas Industry
- Environmental Testing Laboratories
- Other Industries
Laboratory Informatics Market, by Region
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Rest of Europe (RoE)
- Asia
- Japan
- China
- India
- Rest of Asia (RoA)
- Rest of the World (RoW)
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs.
The following customization options are available for this report.
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Laboratory Informatics Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Laboratory Informatics Market