Laboratory Information System Market Report 2025

This Laboratory Information System market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The laboratory information system market size has grown strongly in recent years. It will grow from $2.57 billion in 2024 to $2.75 billion in 2025 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to technological advancements, growing demand for healthcare services, data management and integration, quality assurance and reporting.

The laboratory information system market size is expected to see rapid growth in the next few years. It will grow to $4.29 billion in 2029 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to digital transformation, personalized medicine, artificial intelligence (ai) and machine learning, point-of-care testing (poct). Major trends in the forecast period include integration with electronic health records (ehr), cloud-based lis, data security and privacy, laboratory automation.

The laboratory information system market is being propelled by the increasing demand for lab automation. The growing number of individuals undergoing extensive tests places a significant burden on laboratories. Clinical laboratories are hiring more healthcare professionals to reduce the workload on existing staff and minimize associated errors to enhance efficiency and accuracy in delivering precise results. According to the Bureau of Labor Statistics, an estimated 12,000 additional clinical laboratory professionals are needed annually to meet the demand, yet only half this number is entering the field. Consequently, laboratories are turning to automation to streamline their operations. For example, TriCore Reference Laboratories in Albuquerque, Mexico, has introduced automation in 20% of its instrumentation, which handles nearly 80% of the lab's samples, optimizing its functions for faster and more accurate results.

The laboratory information system market is expected to experience growth due to the increasing prevalence of chronic diseases. Chronic diseases, also referred to as non-communicable diseases (NCDs), are persistent, long-term health conditions. Laboratory information systems play a vital role in managing chronic diseases by enhancing the efficiency and accuracy of diagnostic tests, enabling data integration, and supporting decision-making processes. In September 2023, the World Health Organization reported that 74% of global deaths, or 41 million annually, are attributed to NCDs, including 17.9 million deaths from cardiovascular diseases, 9.3 million from cancer, 4.1 million from chronic respiratory diseases, and 2 million from diabetes. Therefore, the increasing prevalence of chronic diseases is driving the laboratory information system market.

The laboratory information systems market is witnessing a prominent trend with the advent of cloud-based systems. Cloud computing involves sharing computer resources like storage and servers over the internet, leading to reduced costs, increased speed, productivity, and enhanced security. Cloud-based laboratory information systems offer benefits like cost-efficiency, improved results, and advancements without spatial constraints. Systems like APEX laboratory information system by Apex HealthWare, Arxspan Laboratory Software by Bruker Software Solutions, and Orchard laboratory information system by Orchard Software Corporation, exemplify cloud-based solutions that boost efficiency, reduce errors, and enhance patient care. Therefore, a surge in the adoption of cloud-based laboratory information systems is anticipated in the market.

Major companies operating in the laboratory information systems space are collaborating to introduce innovative systems to drive market revenues. These collaborations aim to offer scalable and flexible laboratory information systems that cater to various healthcare settings, from community hospitals to larger health systems. For example, in November 2022, Oracle Cerner Technology, a US-based healthcare information technology company, partnered with Labcorp, a healthcare entity in the US. The alliance aims to manage hospital-based laboratories in ten US states, streamlining operations and enhancing patient experiences. Oracle Cerner's lab information systems facilitate efficient sample tracking, test ordering, and result reporting, thus streamlining laboratory operations.

In January 2022, CliniSys, a US-based informatics software company, acquired HORIZON Lab Systems and merged it with Sunquest Information Systems for an undisclosed amount. The strategic move aimed to position CliniSys as the largest global company dedicated to diagnostic and laboratory informatics. HORIZON Lab Systems, specializing in laboratory information management systems, and Sunquest Information Systems Inc., a developer of medical laboratory and diagnostic information solutions in the US, were brought together as part of this acquisition.

A Laboratory Information System (LIS) is a computer-based system designed to aid in the management of various aspects of a medical laboratory, including the input, processing, and storage of information and data.

The primary product types within laboratory information systems include standalone LIS and integrated LIS. Standalone LIS systems are specifically tailored to manage laboratory data and activities, featuring data models distinct from Electronic Health Record (EHR) data models. These LIS systems consist of different components, including software and various services, and cater to a range of sectors, including hospital laboratories, independent laboratories, physician office laboratories, and other relevant areas within the healthcare domain.

The laboratory information system market research report is one of a series of new reports that provides laboratory information system market statistics, including laboratory information system industry global market size, regional shares, competitors with a laboratory information system market share, detailed laboratory information system market segments, market trends and opportunities, and any further data you may need to thrive in the laboratory information system industry. This laboratory information system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the laboratory information system market include Cerner Corporation, McKesson Corporation, Epic Corporation Inc., Medical Information Technology Inc., SCC Soft Computer Inc., Sunquest Information Systems Inc., CompuGroup Medical AG, Computer Programs and Systems Inc., Merge Healthcare Inc., Orchard Software Corporation, Abbott Laboratories, LabWare Inc., Thermo Fisher Scientific Inc., LigoLab LLC, Clinisys Group Ltd., Labvantage Solutions Inc., Labgen LIS, Polytech LIS, Avalon GloboCare Corp, NovoPath Inc., LABTRACK LIMS, Dendi Inc., Agilent Technologies Inc., QA Studio, Cirdan Imaging Ltd., Ovation Services Private Ltd., BioData Inc., Technidata AG, Psyche Systems Corporation, Data Innovations LLC.

North America was the largest region in the healthcare services market in 2024. Western Europe was the second largest region in the healthcare services market. The regions covered in the laboratory information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laboratory information system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The laboratory information system market consists of revenues generated by offering of software and services that helps in the efficient managing of a clinical laboratory for storing, processing, and tracking data, which the hospitals, laboratories, physician offices and clinics use to optimize their workflow. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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