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This report offers market size & forecast data for the US Laboratory Information Management System market. The revenue generated from service offerings is included in the report. This report provides a comprehensive and current market scenario of the US Laboratory Information Management System market, including the US Laboratory Information Management System market size, anticipated market forecast, relevant market segmentations, and industry trends. Speak directly to the analyst to clarify any post sales queries you may have.
The study considers a detailed scenario of the present Laboratory Information Management System market and its market dynamics for 2023-2028 in the US. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.
KEY HIGHLIGHTS
- In the US, the laboratory information management system market was valued at $613.27 million in 2022 and is growing at a CAGR of 9.56%.
- The growth of this market is attributed to the following factors: the growing use of automation in laboratories, increasing R&D activities in the life sciences industry, and technological advancements in laboratory informatics solutions. The demand for laboratory testing services experienced a surge during the Covid-19 pandemic. Clinical laboratories were operating at maximum capacity, which resulted in stress for the laboratory personnel.
- By Product type, Broad-based LIMS occupied a significant share with 63.44% market share and generated a revenue of $389.06 million in 2022 and is expected to reach $657.63 million with a CAGR of 9.14% during the forecast period. This is due to the greater scope for customizations and interpretations supporting multiple laboratories across the different sites.
- By component type, the services segment occupies a significant market share. It generated a revenue of $361.09 million in 2022 and is expected to reach $639.71 million with a CAGR of 10.00% during the forecast period. This is due to the end-user demand for professional services, including installation and consulting.
- By Deployment type, the Cloud-Based LIMS segment occupies a significant market share and is expected to reach $514.88 million with a CAGR of 10.60% during the forecast period. This is due to the rising need for remote access to laboratory data.
VENDORS LIST
- LabVantage
- Labware
- ThermoFisher Scientific
- StarLIMS
- Labguru
- QBench
- Advanced Technology Corp
- Autoscribe Informatics
- Blaze Systems
- Agilent Technologies
- Novatek International
- Illumina
- Clinisys
- CloudLIMS
- CompuGroup Medical
- CrelioHealth
- Dassault Systems
- Dotmatics
- HighRes Biosolutions
- L7 Informatics
- LabLite
- LabLynx
- Orchard Software
- Ovation
- Accelerated Technology Laboratories
- Agilebio
- Benchling.
- PerkinElmer
- Siemens Healthineers
REPORT HIGHLIGHTS
PRODUCT SEGMENTATION & FORECAST
- By Product
- Broad Based LIMS
- Industry-Specific LIMS
- By Component
- Services
- Software
- By Deployment
- Cloud-Based LIMS
- Web-Hosted LIMS
- On-Premises LIMS
- By End-User
- Life Sciences
- Chemical & Energy
- Food, Beverages & Agriculture Industries
- Others
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of Laboratory Information Management System Market
- Key Vendors
- Other Prominent Vendors
APPENDIX
- Research Methodology
- Abbreviations
- About the Analyst
Table of Contents
Chapter - 1: Laboratory Information Management System Market Overview
Chapter - 2: Laboratory Information Management System Market
Chapter - 3: Laboratory Information Management System Market Segmentation Data
Chapter - 4: Laboratory Information Management System Market Prospects & Opportunities
Chapter - 5: Laboratory Information Management System Industry Overview
Chapter - 6: Appendix
List of Tables
Companies Mentioned
- LabVantage
- Labware
- ThermoFisher Scientific
- StarLIMS
- Labguru
- QBench
- Advanced Technology Corp
- Autoscribe Informatics
- Blaze Systems
- Agilent Technologies
- Novatek International
- Illumina
- Clinisys
- CloudLIMS
- CompuGroup Medical
- CrelioHealth
- Dassault Systems
- Dotmatics
- HighRes Biosolutions
- L7 Informatics
- LabLite
- LabLynx
- Orchard Software
- Ovation
- Accelerated Technology Laboratories
- Agilebio
- Benchling.
- PerkinElmer
- Siemens Healthineers
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 83 |
| Published | February 2024 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 613.27 Million |
| Forecasted Market Value ( USD | $ 1060.52 Million |
| Compound Annual Growth Rate | 9.5% |
| Regions Covered | United States |
| No. of Companies Mentioned | 29 |
