U.S Laboratory Information Management System (LIMS) Market - Focused Insights 2023-2028
Market Report I 2024-01-09 I 83 Pages I Arizton Advisory & Intelligence
REPORT OVERVIEW
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.
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.
MARKET DEFINITION
The laboratory information management system (LIMS) is a software-based information management system supporting modern laboratory operations. It manages a laboratory's workflows, finances, administration, and processes.
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 Arizton
CHAPTER - 1: Laboratory Information Management System Market Overview
- Executive Summary
- Key Findings
CHAPTER - 2: Laboratory Information Management System Market
- US: Projected Revenue of Laboratory Information Management System Market (2022-2028; $Millions)
CHAPTER - 3: Laboratory Information Management System Market Segmentation Data
- US: Projected Revenue by Product (2022-2028; $Millions)
o Broad-Based LIMS
o Industry Specific LIMS
- US: Projected Revenue by Component (2022-2028; $Millions)
o Services
o Software
- US: Projected Revenue by Deployment (2022-2028; $Millions)
o Cloud-Based LIMS
o Web-Hosted LIMS
o On-Premises LIMS
- US: Projected Revenue by End-User (2022-2028; $Millions)
o Life Sciences
o Chemical & Energy
o Food, Beverages & Agriculture Industries
o Others
CHAPTER - 4: Laboratory Information Management System Market Prospects & Opportunities
- Laboratory Information Management System Market Opportunities & Trends
- Laboratory Information Management System Market Drivers
- Laboratory Information Management System Market Constraints
CHAPTER - 5: Laboratory Information Management System Industry Overview
- Laboratory Information Management System Market - Competitive Landscape
- Laboratory Information Management System Market - Key Vendor Profiles
- Laboratory Information Management System Market - Other Prominent Vendors
- Laboratory Information Management System Market - Key Strategic Recommendations
CHAPTER - 6: Appendix
- Research Methodology
- Abbreviations
- About Arizton
LIST OF EXHIBITS
Exhibit 1: Market Size & Forecast - Laboratory Information Management System in the US (2022-2028)
Exhibit 2: Market Size & Forecast - Broad-Based LIMS (2022-2028)
Exhibit 3: Market Size & Forecast - Industry Specific LIMS (2022-2028)
Exhibit 4: Market Size & Forecast - Services (2022-2028)
Exhibit 5: Market Size & Forecast - Software (2022-2028)
Exhibit 6: Market Size & Forecast - Cloud-Based LIMS (2022-2028)
Exhibit 7: Market Size & Forecast - Web-Hosted LIMS (2022-2028)
Exhibit 8: Market Size & Forecast - On-Premises LIMS (2022-2028)
Exhibit 9: Market Size & Forecast - Life Sciences (2022-2028)
Exhibit 10: Market Size & Forecast - Chemical & Energy (2022-2028)
Exhibit 11: Market Size & Forecast - Food, Beverage & Agriculture Industries (2022-2028)
Exhibit 12: Market Size & Forecast - Others (2022-2028)
LIST OF TABLES
Table 1: Key Market Trends in Laboratory Information Management System Market
Table 2: Key Market Enablers in Laboratory Information Management System Market
Table 3: Key Market Constraints in Laboratory Information Management System Market
Table 4: Strategic Recommendations in Laboratory Information Management System Market
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