The key factors that drive the growth of the market are the increase in technological advancements of lab information management systems (LIMS) and rise in the demand for lab automation. Moreover, there is an increase in research and development activities for drug discoveries, has resulted in an increase in the adoption of lab information management systems across the world. As this system helps research & development labs to organize their samples and analyses into different groups for better analysis.
In addition, rise in large-scale implementation of laboratory information management systems in various industries, and increase in the number of samples generated for research and analysis, due to the rise in number of life-threatening diseases across the world are the key factors that propel the growth of the market.
However, the high cost of the lab management information system and the lack of skilled professionals in the industries are the major factors expected to impact the growth of the market in upcoming years. On the other hand, the rapid development of healthcare infrastructures, along with the government’s support to digitalized services in developing countries such as China, India and others are the key factors that provide lucrative market growth opportunities during the forecast period.
The lab information management system market is segmented on the basis of product type, delivery mode, component, industry type, and region. By product type, it is categorized into Industry-specific LIMS & broad based/ multi-purpose LIMS. By delivery mode, the market is bifurcated into on premises and cloud based and web based. By component, the market is categorized into software and services. By industry type, the market is fragmented into life science, chemical & energy industries, food, beverage & agriculture industries, and clinical research organizations/contract manufacturing organizations (CRO/CMO), and others. The life science segment is further classified into hospitals, physician offices, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
North America accounted for a majority of the lab information management system market share in 2021 and is anticipated to remain dominant during the forecast period. The market is mainly driven by the presence of well-established healthcare facilities and a rise in government funding for research and development activities across the region are the key factors that propel the growth of the market. Moreover, the presence of several key players involved in R&D activities to develop technologically advanced LIMS software and contribute to market growth in this region.
Asia-Pacific is expected to register the fastest CAGR during the forecast period, owing to the increase in the adoption of AI-enabled laboratory information management systems among countries, such as India, China, and Japan, to provide seamless reporting in hospitals and test centers are key factors which propel the growth of the market.
The key players that operate in the lab information management system market (LIMS) include PerkinElmer Inc., Agilent Technologies Inc, Thermo Fisher Scientific Inc., Illumina Inc., Siemens AG, LabLynx, Inc, Genetic Technologies Inc. CrelioHealth Inc., LabWare, Inc., and Abbott Laboratories.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the lab information management systems market analysis from 2021 to 2031 to identify the prevailing lab information management systems market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the lab information management systems market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global lab information management systems market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Product Type
- Broad- Based/ Multipurpose LIMS
- Industry Specific LIMS
By Component
- Software
- Services
By Delivery Mode
- Web-Based and Cloud-Based
- On-Premises
By Industry Type
- Life Science
- Hospitals
- Pathology
- Physician Office
- Chemical and Energy Industries
- Food and Beverage and Agriculture Industries
- Clinical Research Organization (CRO)/Contract Manufacturing Organizations (CMO)
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- PerkinElmer Inc.
- Agilent Technologies Inc.
- Illumina Inc.
- Siemens AG
- Genetic Technologies Inc
- CrelioHealth Inc.
- Abbott Laboratories
- Thermo Fisher Scientific Inc.
- LabLynx, Inc
- LabWare, Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in the demand of lab automation
3.4.1.2. Growing use of LIMS to comply with stringent government regulation
3.4.1.3. Rise in technological advancement
3.4.2. Restraints
3.4.2.1. High maintenance and service costs of LIMS
3.4.3. Opportunities
3.4.3.1. High growth potential in developing economies
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: LAB INFORMATION MANAGEMENT SYSTEMS MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Broad- Based/ Multipurpose LIMS
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Industry Specific LIMS
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: LAB INFORMATION MANAGEMENT SYSTEMS MARKET, BY COMPONENT
5.1. Overview
5.1.1. Market size and forecast
5.2. Software
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Services
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: LAB INFORMATION MANAGEMENT SYSTEMS MARKET, BY DELIVERY MODE
6.1. Overview
6.1.1. Market size and forecast
6.2. Web-Based and Cloud-Based
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. On-Premises
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: LAB INFORMATION MANAGEMENT SYSTEMS MARKET, BY INDUSTRY TYPE
7.1. Overview
7.1.1. Market size and forecast
7.2. Life Science
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.2.4. Life Science Lab Information Management Systems Market by Type
7.3. Chemical and Energy Industries
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. Food and Beverage and Agriculture Industries
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
7.5. Clinical Research Organization (CRO)/Contract Manufacturing Organizations (CMO)
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market share analysis by country
7.6. Others
7.6.1. Key market trends, growth factors and opportunities
7.6.2. Market size and forecast, by region
7.6.3. Market share analysis by country
CHAPTER 8: LAB INFORMATION MANAGEMENT SYSTEMS MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast By Region
8.2. North America
8.2.1. Key trends and opportunities
8.2.2. Market size and forecast, by Product Type
8.2.3. Market size and forecast, by Component
8.2.4. Market size and forecast, by Delivery Mode
8.2.5. Market size and forecast, by Industry Type
8.2.6. Market size and forecast, by country
8.2.6.1. U.S.
8.2.6.1.1. Key market trends, growth factors and opportunities
8.2.6.1.2. Market size and forecast, by Product Type
8.2.6.1.3. Market size and forecast, by Component
8.2.6.1.4. Market size and forecast, by Delivery Mode
8.2.6.1.5. Market size and forecast, by Industry Type
8.2.6.2. Canada
8.2.6.2.1. Key market trends, growth factors and opportunities
8.2.6.2.2. Market size and forecast, by Product Type
8.2.6.2.3. Market size and forecast, by Component
8.2.6.2.4. Market size and forecast, by Delivery Mode
8.2.6.2.5. Market size and forecast, by Industry Type
8.2.6.3. Mexico
8.2.6.3.1. Key market trends, growth factors and opportunities
8.2.6.3.2. Market size and forecast, by Product Type
8.2.6.3.3. Market size and forecast, by Component
8.2.6.3.4. Market size and forecast, by Delivery Mode
8.2.6.3.5. Market size and forecast, by Industry Type
8.3. Europe
8.3.1. Key trends and opportunities
8.3.2. Market size and forecast, by Product Type
8.3.3. Market size and forecast, by Component
8.3.4. Market size and forecast, by Delivery Mode
8.3.5. Market size and forecast, by Industry Type
8.3.6. Market size and forecast, by country
8.3.6.1. Germany
8.3.6.1.1. Key market trends, growth factors and opportunities
8.3.6.1.2. Market size and forecast, by Product Type
8.3.6.1.3. Market size and forecast, by Component
8.3.6.1.4. Market size and forecast, by Delivery Mode
8.3.6.1.5. Market size and forecast, by Industry Type
8.3.6.2. France
8.3.6.2.1. Key market trends, growth factors and opportunities
8.3.6.2.2. Market size and forecast, by Product Type
8.3.6.2.3. Market size and forecast, by Component
8.3.6.2.4. Market size and forecast, by Delivery Mode
8.3.6.2.5. Market size and forecast, by Industry Type
8.3.6.3. UK
8.3.6.3.1. Key market trends, growth factors and opportunities
8.3.6.3.2. Market size and forecast, by Product Type
8.3.6.3.3. Market size and forecast, by Component
8.3.6.3.4. Market size and forecast, by Delivery Mode
8.3.6.3.5. Market size and forecast, by Industry Type
8.3.6.4. Italy
8.3.6.4.1. Key market trends, growth factors and opportunities
8.3.6.4.2. Market size and forecast, by Product Type
8.3.6.4.3. Market size and forecast, by Component
8.3.6.4.4. Market size and forecast, by Delivery Mode
8.3.6.4.5. Market size and forecast, by Industry Type
8.3.6.5. Spain
8.3.6.5.1. Key market trends, growth factors and opportunities
8.3.6.5.2. Market size and forecast, by Product Type
8.3.6.5.3. Market size and forecast, by Component
8.3.6.5.4. Market size and forecast, by Delivery Mode
8.3.6.5.5. Market size and forecast, by Industry Type
8.3.6.6. Rest of Europe
8.3.6.6.1. Key market trends, growth factors and opportunities
8.3.6.6.2. Market size and forecast, by Product Type
8.3.6.6.3. Market size and forecast, by Component
8.3.6.6.4. Market size and forecast, by Delivery Mode
8.3.6.6.5. Market size and forecast, by Industry Type
8.4. Asia-Pacific
8.4.1. Key trends and opportunities
8.4.2. Market size and forecast, by Product Type
8.4.3. Market size and forecast, by Component
8.4.4. Market size and forecast, by Delivery Mode
8.4.5. Market size and forecast, by Industry Type
8.4.6. Market size and forecast, by country
8.4.6.1. Japan
8.4.6.1.1. Key market trends, growth factors and opportunities
8.4.6.1.2. Market size and forecast, by Product Type
8.4.6.1.3. Market size and forecast, by Component
8.4.6.1.4. Market size and forecast, by Delivery Mode
8.4.6.1.5. Market size and forecast, by Industry Type
8.4.6.2. China
8.4.6.2.1. Key market trends, growth factors and opportunities
8.4.6.2.2. Market size and forecast, by Product Type
8.4.6.2.3. Market size and forecast, by Component
8.4.6.2.4. Market size and forecast, by Delivery Mode
8.4.6.2.5. Market size and forecast, by Industry Type
8.4.6.3. Australia
8.4.6.3.1. Key market trends, growth factors and opportunities
8.4.6.3.2. Market size and forecast, by Product Type
8.4.6.3.3. Market size and forecast, by Component
8.4.6.3.4. Market size and forecast, by Delivery Mode
8.4.6.3.5. Market size and forecast, by Industry Type
8.4.6.4. India
8.4.6.4.1. Key market trends, growth factors and opportunities
8.4.6.4.2. Market size and forecast, by Product Type
8.4.6.4.3. Market size and forecast, by Component
8.4.6.4.4. Market size and forecast, by Delivery Mode
8.4.6.4.5. Market size and forecast, by Industry Type
8.4.6.5. South Korea
8.4.6.5.1. Key market trends, growth factors and opportunities
8.4.6.5.2. Market size and forecast, by Product Type
8.4.6.5.3. Market size and forecast, by Component
8.4.6.5.4. Market size and forecast, by Delivery Mode
8.4.6.5.5. Market size and forecast, by Industry Type
8.4.6.6. Rest of Asia-Pacific
8.4.6.6.1. Key market trends, growth factors and opportunities
8.4.6.6.2. Market size and forecast, by Product Type
8.4.6.6.3. Market size and forecast, by Component
8.4.6.6.4. Market size and forecast, by Delivery Mode
8.4.6.6.5. Market size and forecast, by Industry Type
8.5. LAMEA
8.5.1. Key trends and opportunities
8.5.2. Market size and forecast, by Product Type
8.5.3. Market size and forecast, by Component
8.5.4. Market size and forecast, by Delivery Mode
8.5.5. Market size and forecast, by Industry Type
8.5.6. Market size and forecast, by country
8.5.6.1. Brazil
8.5.6.1.1. Key market trends, growth factors and opportunities
8.5.6.1.2. Market size and forecast, by Product Type
8.5.6.1.3. Market size and forecast, by Component
8.5.6.1.4. Market size and forecast, by Delivery Mode
8.5.6.1.5. Market size and forecast, by Industry Type
8.5.6.2. Saudi Arabia
8.5.6.2.1. Key market trends, growth factors and opportunities
8.5.6.2.2. Market size and forecast, by Product Type
8.5.6.2.3. Market size and forecast, by Component
8.5.6.2.4. Market size and forecast, by Delivery Mode
8.5.6.2.5. Market size and forecast, by Industry Type
8.5.6.3. South Africa
8.5.6.3.1. Key market trends, growth factors and opportunities
8.5.6.3.2. Market size and forecast, by Product Type
8.5.6.3.3. Market size and forecast, by Component
8.5.6.3.4. Market size and forecast, by Delivery Mode
8.5.6.3.5. Market size and forecast, by Industry Type
8.5.6.4. Rest of LAMEA
8.5.6.4.1. Key market trends, growth factors and opportunities
8.5.6.4.2. Market size and forecast, by Product Type
8.5.6.4.3. Market size and forecast, by Component
8.5.6.4.4. Market size and forecast, by Delivery Mode
8.5.6.4.5. Market size and forecast, by Industry Type
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
10.1. PerkinElmer Inc.
10.1.1. Company overview
10.1.2. Key Executives
10.1.3. Company snapshot
10.1.4. Operating business segments
10.1.5. Product portfolio
10.1.6. Business performance
10.2. Agilent Technologies Inc.
10.2.1. Company overview
10.2.2. Key Executives
10.2.3. Company snapshot
10.2.4. Operating business segments
10.2.5. Product portfolio
10.2.6. Business performance
10.3. Siemens AG
10.3.1. Company overview
10.3.2. Key Executives
10.3.3. Company snapshot
10.3.4. Operating business segments
10.3.5. Product portfolio
10.3.6. Business performance
10.4. Thermo Fisher Scientific Inc.
10.4.1. Company overview
10.4.2. Key Executives
10.4.3. Company snapshot
10.4.4. Operating business segments
10.4.5. Product portfolio
10.4.6. Business performance
10.4.7. Key strategic moves and developments
10.5. CrelioHealth Inc.
10.5.1. Company overview
10.5.2. Key Executives
10.5.3. Company snapshot
10.5.4. Operating business segments
10.5.5. Product portfolio
10.6. Genetic Technologies Inc
10.6.1. Company overview
10.6.2. Key Executives
10.6.3. Company snapshot
10.6.4. Operating business segments
10.6.5. Product portfolio
10.7. Illumina Inc.
10.7.1. Company overview
10.7.2. Key Executives
10.7.3. Company snapshot
10.7.4. Operating business segments
10.7.5. Product portfolio
10.7.6. Business performance
10.8. LabLynx, Inc
10.8.1. Company overview
10.8.2. Key Executives
10.8.3. Company snapshot
10.8.4. Operating business segments
10.8.5. Product portfolio
10.8.6. Key strategic moves and developments
10.9. LabWare, Inc.
10.9.1. Company overview
10.9.2. Key Executives
10.9.3. Company snapshot
10.9.4. Operating business segments
10.9.5. Product portfolio
10.10. Abbott Laboratories
10.10.1. Company overview
10.10.2. Key Executives
10.10.3. Company snapshot
10.10.4. Operating business segments
10.10.5. Product portfolio
10.10.6. Business performance
List of Tables
Table 01. Global Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 02. Lab Information Management Systems Market for Broad- Based/ Multipurpose Lims, by Region, 2021-2031 (Revenue, $Million)
Table 03. Lab Information Management Systems Market for Industry Specific Lims, by Region, 2021-2031 (Revenue, $Million)
Table 04. Global Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 05. Lab Information Management Systems Market for Software, by Region, 2021-2031 (Revenue, $Million)
Table 06. Lab Information Management Systems Market for Services, by Region, 2021-2031 (Revenue, $Million)
Table 07. Global Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 08. Lab Information Management Systems Market for Web-based and Cloud-based, by Region, 2021-2031 (Revenue, $Million)
Table 09. Lab Information Management Systems Market for On-Premises, by Region, 2021-2031 (Revenue, $Million)
Table 10. Global Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 11. Lab Information Management Systems Market for Life Science, by Region, 2021-2031 (Revenue, $Million)
Table 12. Global Life Science Lab Information Management Systems Market, by Type, 2021-2031 (Revenue, $Million)
Table 13. Lab Information Management Systems Market for Chemical and Energy Industries, by Region, 2021-2031 (Revenue, $Million)
Table 14. Lab Information Management Systems Market for Food and Beverage and Agriculture Industries, by Region, 2021-2031 (Revenue, $Million)
Table 15. Lab Information Management Systems Market for Clinical Research Organization (Cro)/Contract Manufacturing Organizations (Cmo), by Region, 2021-2031 (Revenue, $Million)
Table 16. Lab Information Management Systems Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 17. Lab Information Management Systems Market, by Region, 2021-2031 (Revenue, $Million)
Table 18. North America Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 19. North America Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 20. North America Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 21. North America Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 22. North America Lab Information Management Systems Market, by Country, 2021-2031 (Revenue, $Million)
Table 23. U.S. Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 24. U.S. Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 25. U.S. Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 26. U.S. Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 27. Canada Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 28. Canada Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 29. Canada Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 30. Canada Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 31. Mexico Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 32. Mexico Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 33. Mexico Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 34. Mexico Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 35. Europe Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 36. Europe Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 37. Europe Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 38. Europe Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 39. Europe Lab Information Management Systems Market, by Country, 2021-2031 (Revenue, $Million)
Table 40. Germany Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 41. Germany Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 42. Germany Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 43. Germany Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 44. France Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 45. France Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 46. France Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 47. France Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 48. UK Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 49. UK Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 50. UK Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 51. UK Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 52. Italy Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 53. Italy Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 54. Italy Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 55. Italy Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 56. Spain Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 57. Spain Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 58. Spain Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 59. Spain Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 60. Rest of Europe Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 61. Rest of Europe Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 62. Rest of Europe Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 63. Rest of Europe Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 64. Asia-Pacific Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 65. Asia-Pacific Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 66. Asia-Pacific Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 67. Asia-Pacific Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 68. Asia-Pacific Lab Information Management Systems Market, by Country, 2021-2031 (Revenue, $Million)
Table 69. Japan Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 70. Japan Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 71. Japan Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 72. Japan Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 73. China Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 74. China Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 75. China Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 76. China Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 77. Australia Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 78. Australia Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 79. Australia Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 80. Australia Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 81. India Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 82. India Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 83. India Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 84. India Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 85. South Korea Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 86. South Korea Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 87. South Korea Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 88. South Korea Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 89. Rest of Asia-Pacific Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 90. Rest of Asia-Pacific Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 91. Rest of Asia-Pacific Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 92. Rest of Asia-Pacific Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 93. LAMEA Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 94. LAMEA Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 95. LAMEA Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 96. LAMEA Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 97. LAMEA Lab Information Management Systems Market, by Country, 2021-2031 (Revenue, $Million)
Table 98. Brazil Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 99. Brazil Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 100. Brazil Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 101. Brazil Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 102. Saudi Arabia Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 103. Saudi Arabia Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 104. Saudi Arabia Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 105. Saudi Arabia Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 106. South Africa Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 107. South Africa Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 108. South Africa Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 109. South Africa Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 110. Rest of LAMEA Lab Information Management Systems Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 111. Rest of LAMEA Lab Information Management Systems Market, by Component, 2021-2031 (Revenue, $Million)
Table 112. Rest of LAMEA Lab Information Management Systems Market, by Delivery Mode, 2021-2031 (Revenue, $Million)
Table 113. Rest of LAMEA Lab Information Management Systems Market, by Industry Type, 2021-2031 (Revenue, $Million)
Table 114. Perkinelmer Inc.: Key Executives
Table 115. Perkinelmer Inc.: Company Snapshot
Table 116. Perkinelmer Inc.: Product Segments
Table 117. Perkinelmer Inc.: Product Portfolio
Table 118. Agilent Technologies Inc.: Key Executives
Table 119. Agilent Technologies Inc.: Company Snapshot
Table 120. Agilent Technologies Inc.: Product Segments
Table 121. Agilent Technologies Inc.: Product Portfolio
Table 122. Siemens AG: Key Executives
Table 123. Siemens AG: Company Snapshot
Table 124. Siemens AG: Product Segments
Table 125. Siemens AG: Product Portfolio
Table 126. Thermo Fisher Scientific Inc.: Key Executives
Table 127. Thermo Fisher Scientific Inc.: Company Snapshot
Table 128. Thermo Fisher Scientific Inc.: Product Segments
Table 129. Thermo Fisher Scientific Inc.: Product Portfolio
Table 130. Thermo Fisher Scientific Inc.: Key Strategies
Table 131. Creliohealth Inc.: Key Executives
Table 132. Creliohealth Inc.: Company Snapshot
Table 133. Creliohealth Inc.: Product Segments
Table 134. Creliohealth Inc.: Product Portfolio
Table 135. Genetic Technologies Inc.: Key Executives
Table 136. Genetic Technologies Inc.: Company Snapshot
Table 137. Genetic Technologies Inc.: Product Segments
Table 138. Genetic Technologies Inc.: Product Portfolio
Table 139. Illumina Inc.: Key Executives
Table 140. Illumina Inc.: Company Snapshot
Table 141. Illumina Inc.: Product Segments
Table 142. Illumina Inc.: Product Portfolio
Table 143. Lablynx, Inc.: Key Executives
Table 144. Lablynx, Inc.: Company Snapshot
Table 145. Lablynx, Inc.: Product Segments
Table 146. Lablynx, Inc.: Product Portfolio
Table 147. Lablynx, Inc.: Key Strategies
Table 148. Labware, Inc.: Key Executives
Table 149. Labware, Inc.: Company Snapshot
Table 150. Labware, Inc.: Product Segments
Table 151. Labware, Inc.: Product Portfolio
Table 152. Abbott Laboratories: Key Executives
Table 153. Abbott Laboratories: Company Snapshot
Table 154. Abbott Laboratories: Product Segments
Table 155. Abbott Laboratories: Product Portfolio
List of Figures
Figure 01. Lab Information Management Systems Market, 2021-2031
Figure 02. Segmentation of Lab Information Management Systems Market, 2021-2031
Figure 03. Top Investment Pockets in Lab Information Management Systems Market (2022-2031)
Figure 04. Low Bargaining Power of Suppliers
Figure 05. Low Bargaining Power of Buyers
Figure 06. Low Threat of Substitutes
Figure 07. Low Threat of New Entrants
Figure 08. Low Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globallab Information Management Systems Market
Figure 10. Lab Information Management Systems Market, by Product Type, 2021(%)
Figure 11. Comparative Share Analysis of Lab Information Management Systems Market for Broad- Based/ Multipurpose Lims, by Country 2021-2031(%)
Figure 12. Comparative Share Analysis of Lab Information Management Systems Market for Industry Specific Lims, by Country 2021-2031(%)
Figure 13. Lab Information Management Systems Market, by Component, 2021(%)
Figure 14. Comparative Share Analysis of Lab Information Management Systems Market for Software, by Country 2021-2031(%)
Figure 15. Comparative Share Analysis of Lab Information Management Systems Market for Services, by Country 2021-2031(%)
Figure 16. Lab Information Management Systems Market, by Delivery Mode, 2021(%)
Figure 17. Comparative Share Analysis of Lab Information Management Systems Market for Web-based and Cloud-based, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Lab Information Management Systems Market for On-Premises, by Country 2021-2031(%)
Figure 19. Lab Information Management Systems Market, by Industry Type, 2021(%)
Figure 20. Comparative Share Analysis of Lab Information Management Systems Market for Life Science, by Country 2021-2031(%)
Figure 21. Comparative Share Analysis of Lab Information Management Systems Market for Chemical and Energy Industries, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Lab Information Management Systems Market for Food and Beverage and Agriculture Industries, by Country 2021-2031(%)
Figure 23. Comparative Share Analysis of Lab Information Management Systems Market for Clinical Research Organization (Cro)/Contract Manufacturing Organizations (Cmo), by Country 2021-2031(%)
Figure 24. Comparative Share Analysis of Lab Information Management Systems Market for Others, by Country 2021-2031(%)
Figure 25. Lab Information Management Systems Market by Region, 2021
Figure 26. U.S. Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 27. Canada Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 28. Mexico Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 29. Germany Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 30. France Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 31. UK Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 32. Italy Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 33. Spain Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 34. Rest of Europe Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 35. Japan Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 36. China Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 37. Australia Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 38. India Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 39. South Korea Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 40. Rest of Asia-Pacific Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 41. Brazil Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 42. Saudi Arabia Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 43. South Africa Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 44. Rest of LAMEA Lab Information Management Systems Market, 2021-2031 ($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap: Lab Information Management Systems Market
Figure 51. Top Player Positioning, 2021
Figure 52. Perkinelmer Inc.: Net Revenue, 2019-2021 ($Million)
Figure 53. Perkinelmer Inc.: Revenue Share by Segment, 2021 (%)
Figure 54. Perkinelmer Inc.: Revenue Share by Region, 2019 (%)
Figure 55. Agilent Technologies Inc.: Net Revenue, 2019-2021 ($Million)
Figure 56. Agilent Technologies Inc.: Revenue Share by Segment, 2021 (%)
Figure 57. Agilent Technologies Inc.: Revenue Share by Region, 2021 (%)
Figure 58. Siemens AG: Net Revenue, 2020-2022 ($Million)
Figure 59. Siemens AG: Revenue Share by Segment, 2022 (%)
Figure 60. Siemens AG: Revenue Share by Region, 2022 (%)
Figure 61. Thermo Fisher Scientific Inc.: Net Revenue, 2019-2021 ($Million)
Figure 62. Thermo Fisher Scientific Inc.: Revenue Share by Segment, 2021 (%)
Figure 63. Thermo Fisher Scientific Inc.: Revenue Share by Region, 2021 (%)
Figure 64. Illumina Inc.: Net Revenue, 2019-2021 ($Million)
Figure 65. Illumina Inc.: Revenue Share by Segment, 2021 (%)
Figure 66. Illumina Inc.: Revenue Share by Region, 2021 (%)
Figure 67. Abbott Laboratories: Net Sales, 2019-2021 ($Million)
Figure 68. Abbott Laboratories: Revenue Share by Segment, 2021 (%)
Figure 69. Abbott Laboratories: Revenue Share by Region, 2021 (%)
Executive Summary
According to the report titled, 'Lab Information Management Systems Market,' the lab information management systems market was valued at$1,475.14 million in 2021 and is estimated to reach $4,155.34 million by 2031, growing at a CAGR of 10.9% from 2022 to 2031.A laboratory information management system is also known as a laboratory management system that enables support for laboratory operations which can track workflow and specimens, aggregate data for research or business intelligence purposes, and ensure laboratory operation is compliant with various regulations and standards. Lab information management system (LIMS) is often used to automate and streamline laboratory processes, such as sample tracking and results reporting. These systems are widely used in various industries such as the life science industry, chemicals industries, oil & gas industries, and among others.
The key factors that drive the growth of the market are the increase in technological advancements of lab information management systems (LIMS) and the rise in the demand for lab automation.
The rise in the demand for lab automation in various industries such as pharmaceutical and biotechnology industries, chemical industries, agriculture, industries and among others across the world is the major factor that drives the growth of the market. Lab automation is the process of automating laboratory tasks and processes, such as sample preparation, data collection, data analysis, and reporting. It is a process that can significantly reduce labor costs, increase efficiency and accuracy, and reduce the risk of contamination. In addition, the high efficiency and accuracy of laboratory informatics management products is the major factor that propels the growth of the laboratory information management systems (LIMS) market.
For instance, according to a 2020 survey conducted by Astrix Technologies LLC, it was estimated that 61% of laboratory information management system (LIMS) users profited from the removal of manual operations, 57% improved their sample management approach, and 46% saw a substantial rise in productivity within their laboratory setting. Furthermore, an increase in the demand for data-driven decision-making and the need for regulatory compliance worldwide are the key factors that further drive the market's growth. In addition, the increasing demand for integrated solutions, and the growing adoption of cloud-based solutions are also expected to fuel market growth in upcoming years.
In addition, the rise in technological advancements in lab information management systems such as cloud computing, artificial intelligence, and predictive analytics is the key factor that drives the growth of the market. These advanced technologies have enabled laboratories to streamline their operations, reduce costs, and increase productivity. For instance, cloud computing provides the ability to store a large amount of data in the cloud, which can be accessed from anywhere in the world.
Furthermore, the high growth potential in developing economies ( offer lucrative opportunities to various players in operating in the market Emerging countries in Asia-Pacific, Latin America, and the Middle East hold significant market growth opportunities. These countries are developing R&D infrastructure that uses modern technologies to abide by international regulatory standards. Furthermore, emerging countries like China, Japan, Brazil, South Korea and others possess high growth potential due to the availability of improved healthcare infrastructure, unmet healthcare needs, and a rise in the number of research and development activities.
In addition, developing countries such as China and India present lucrative opportunities for key players operating in the lab information management system (LIMS) market, owing to the presence of high population rise in a number of clinical trials and outsourcing research activities had boosted the implementation of lab information management system in developing countries which further drives the growth of the market. Furthermore, the lack of government regulations and proper standards in developing countries provide has increased the demand of lab information management systems to meet the standards implemented in developed countries, such as the U.S. are the key factors that are projected to create remunerative opportunities for market expansion during the forecast period.
The lab information management system market is segmented on the basis of product type, delivery mode, component, industry type, and region. By product type, it is categorized into Industry-specific LIMS & broad-based/multi-purpose LIMS. By delivery mode, the market is bifurcated into on-premises and cloud-based and web-based. By component, the market is categorized into software and services. By industry type, the market is fragmented into life science, chemical & energy industries, food, beverage & agriculture industries, and clinical research organizations/contract manufacturing organizations (CRO/CMO), and others. The life science segment is further classified into hospitals, physician offices and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the lab information management system market (LIMS) include PerkinElmer Inc., Agilent Technologies Inc, Thermo Fisher Scientific Inc., Illumina Inc., Siemens AG, LabLynx, Inc, Genetic Technologies Inc. CrelioHealth Inc., LabWare, Inc., and Abbott Laboratories.
Key Market Insights
By type, the broad-based/multipurpose LIMS segment is expected to experience rapid growth in the market with a CAGR of 10.9%.By industry type, the life science industry segment dominated the global market.
Based on region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR of 11.9% during the forecast period.
Companies Mentioned
- PerkinElmer Inc.
- Agilent Technologies Inc.
- Illumina Inc.
- Siemens AG
- Genetic Technologies Inc
- CrelioHealth Inc.
- Abbott Laboratories
- Thermo Fisher Scientific Inc.
- LabLynx, Inc
- LabWare, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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