LONDON–(BUSINESS WIRE)–Set to grow by USD 705.85 million during 2020-2024, Technavio’s latest market research report estimates the laboratory information management system (LIMS) market to register a CAGR of over 9%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Autoscribe Informatics, Computing Solutions Inc., Illumina Inc., LabLynx Inc., LabVantage Solutions Inc., LabWare Inc., PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc. are some of the major market participants.
Laboratory Information Management System (LIMS) Market 2020-2024: Segmentation
Laboratory Information Management System (LIMS) Market is segmented as below:
-
Deployment
- On-premise LIMS
- Cloud-based LIMS
-
Geographic Landscape
- MEA
- South America
- APAC
- Europe
- North America
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Laboratory Information Management System (LIMS) Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the laboratory information management system (LIMS) market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Abbott Laboratories, Autoscribe Informatics, Computing Solutions Inc., Illumina Inc., LabLynx Inc., LabVantage Solutions Inc., LabWare Inc., PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc. .
The report also covers the following areas:
- Laboratory Information Management System (LIMS) Market size
- Laboratory Information Management System (LIMS) Market trends
- Laboratory Information Management System (LIMS) Market industry analysis
Market trends such as the emergence of software as a service (SaaS)-based LIMS is likely to emerge as one of the primary drivers of the market. However, factors such as high implementation and maintenance costs may threaten the growth of the market.
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Laboratory Information Management System (LIMS) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist laboratory information management system (LIMS) market growth during the next five years
- Estimation of the laboratory information management system (LIMS) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the laboratory information management system (LIMS) market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of laboratory information management system (LIMS) market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment placement
- On-premise LIMS – Market size and forecast 2019-2024
- Cloud-based LIMS – Market size and forecast 2019-2024
- Market opportunity by Deployment
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Vendor Analysis
Vendors covered
- Market positioning of vendors
- Abbott Laboratories
- Autoscribe Informatics
- Computing Solutions, Inc.
- Illumina Inc.
- LabLynx Inc.
- LabVantage Solutions Inc.
- LabWare Inc.
- PerkinElmer Inc.
- Shimadzu Corp.
- Thermo Fisher Scientific Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio’s in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. Click & Receive Latest Free Sample Report in Minutes
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