Laboratory Information System Market Overview
The recently published “Laboratory Information System Market” Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in more than 34 countries.
The research analyst has said that the Asia Pacific region is a lucrative opportunity for the Laboratory Information System market and components manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.
Laboratory Information System Market size was valued at USD 1.80 Bn. in 2021 and the total Laboratory Information System (LIS) revenue is expected to grow at 9.3% from 2022 to 2029, reaching nearly USD 3.67 Bn.
Laboratory Information System Market Scope
Market experts estimate that between 2021 and 2029, the Laboratory Information System market would rise steadily. As a result of the strong efforts, leading industry players are expected to continue to make aggressive measures to build the sector fast through 2021.
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Laboratory Information System market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Laboratory Information System market are examined in the report. The United States (USA), Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia are among the countries (regions) researched.
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Laboratory Information System Market Segmentation :
By product, the Integrated LIS category dominated the market in 2021 with a market share of around 68%. At the end of the projected period, this segment’s dominance is anticipated to remain. Numerous important advantages like automated laboratory administration, reduced error risk, instrument and equipment integration, and improved overall efficiency may be responsible for this market segment’s rise. Additionally, integrated LIS does away with the necessity for manual order entry, lowering the possibility of human error and expediting the process. The system uses barcode technology with an interface to LIS for order input and tracking.
Integration, in general, describes the process of combining pieces such that they work together or form a whole. There are several common applications for information technology, including:
By delivery mode, the On-Premise category held the largest market share in 2021 and is anticipated to expand at a CAGR of 9% during the following five years. Laboratories need a software license in order to use on-premise software. This licensed copy can offer significantly higher data protection than Cloud-based dissemination because it stays inside the lab. Given the sensitivity and legal protection of the patient data that is being held, this is crucial. An on-premise system needs onsite server infrastructure, software licenses, integration skills, and IT staff to function effectively. However, a third-party host would offer the services in the Cloud.
Laboratory Information System Market Key Players :
• Cerner Corporation(US) • Dendi, Inc.(US) • Computer Programs and Systems Inc.(US) • Meditech(US) •SCC Soft Computer(US) • Epic Systems Corporation(US) • Computer Service and Support(US) • ASPYRA LLC.(US) • Apex Healthware(US) • Seacoast Laboratory Data Systems(US) • Pathagility(US) • LabVantage Solutions(US) • HEX Laboratory Systems(US) • LigoLab Information Systems(US) • Comp Pro Med(US) • American Soft Solutions Corp.(US)
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Regional Analysis
The European region, North American region, Asia-Pacific region, the Middle East and Africa region, and Latin America are the five primary world regions included in the report. The Laboratory Information System Industry Research identifies the market’s key geographies, as well as notable segments and sub-segments. The Laboratory Information System market report includes figures, geographies, revenue, and in-depth analysis of the business chain structure, opportunities, and industry news of the Laboratory Information System market.
Key Questions answered in the Laboratory Information System Market Report are:
- What is Laboratory Information System Market?
- What is the forecast period of the Laboratory Information System Market?
- What is the competitive scenario of the Laboratory Information System market?
- Which region held the largest market share in the Laboratory Information System Market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Laboratory Information System
- Landscape- Leading key players and other prominent key players.
Table Of Content :
1. Global Laboratory Information System Market: Research Methodology
2. Global Laboratory Information System Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Laboratory Information System Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Laboratory Information System Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
4. Global Laboratory Information System Market Segmentation
4.1 Global Laboratory Information System Market, by Product (2021-2029)
• Standalone LIS
• Integrated LIS
4.2 Global Laboratory Information System Market, by Component (2021-2029)
• Services
• Software
4.3 Global Laboratory Information System Market, by Delivery Mode (2021-2029)
• On-premise
• Cloud-based
4.4 Global Laboratory Information System Market, by End-user (2021-2029)
• Hospital Laboratories
• Independent Laboratories
• POLs
• Other end users
5. North America Laboratory Information System Market(2021-2029)
5.1 North America Laboratory Information System Market, by Product (2021-2029)
• Standalone LIS
• Integrated LIS
5.2 North America Laboratory Information System Market, by Component (2021-2029)
• Services
• Software
5.3 North America Laboratory Information System Market, by Delivery Mode (2021-2029)
• On-premise
• Cloud-based
5.4 North America Laboratory Information System Market, by End-user (2021-2029)
• Hospital Laboratories
• Independent Laboratories
• POLs
• Other end users
5.5 North America Laboratory Information System Market, by Country (2021-2029)
• United States
• Canada
• Mexico
6. Europe Laboratory Information System Market (2021-2029)
6.1. European Laboratory Information System Market, by Product (2021-2029)
6.2. European Laboratory Information System Market, by Component (2021-2029)
6.3. European Laboratory Information System Market, by Delivery Mode (2021-2029)
6.4. European Laboratory Information System Market, by End-user (2021-2029)
6.5. European Laboratory Information System Market, by Country (2021-2029)
• UK
• France
• Germany
• Italy
• Spain
• Sweden
• Austria
• Rest Of Europe
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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