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PUBLISHER: IMARC | PRODUCT CODE: 1390420

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PUBLISHER: IMARC | PRODUCT CODE: 1390420

Laboratory Informatics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

The global laboratory informatics market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.17% during 2022-2028.

Laboratory informatics refers to the specialized application of information technology (IT) using instruments, software, and data management tools. It functions as a central system that enables scientific data to be captured, stored, managed, processed, shared, and interpreted for immediate use. It also supports lab testing and research and development (R&D) while maximizing the efficiency of laboratory operations and ensuring high-quality and reliable data. Nowadays, laboratories are complying with stringent policies and regulatory requirements set by governments of numerous countries due to rising concerns over human health, safety, and welfare. This is catalyzing the demand for laboratory informatics worldwide.

Laboratory Informatics Market Trends:

Due to rapid globalization, organizations around the world are focusing on improving their production efficiency and reducing the time-to-market (TTM) of new products. This is resulting in the exponential growth of data, which, in turn, is influencing the market growth positively. Laboratory informatics assists in managing data and information effectively and allowing businesses to address their ever-changing quality management issues. Apart from this, the growing incidence of chronic diseases and rising medical records across the globe are also catalyzing the demand for laboratory informatics to enhance the overall quality of patient care. Additionally, the rising adoption of automation in healthcare management due to a significant shift of preferences towards personalized medicine is contributing to market growth. Moreover, due to the coronavirus disease (COVID-19) outbreak, there is a considerable rise in the need for agile laboratory informatics to manage test ordering, registration, sample flow, and result reporting. Furthermore, the leading companies are offering customized solutions and developing technologically advanced platforms to gain a competitive edge, which is anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global laboratory informatics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, delivery mode, component and end use.

Breakup by Product:

Laboratory Information Management Systems (LIMS)

Electronic Lab Notebooks (ELN)

Scientific Data Management Systems (SDMS)

Laboratory Execution Systems (LES)

Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS)

Chromatography Data Systems (CDS)

Enterprise Content Management (ECM)

Breakup by Delivery Mode:

On-premises

Web-hosted

Cloud-based

Breakup by Component:

Software

Services

Breakup by End Use:

Life Science Companies

CROs

Chemical Industry

Food & Beverage and Agriculture Industries

Environmental Testing Laboratories

Petrochemical Refineries and Oil & Gas Industry

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Agilent Technologies Inc., Dassault Systemes, LabLynx Inc., LabVantage Solutions Inc, LabWare, PerkinElmer Inc., Thermo Fisher Scientific Inc. and Waters Corporation.

Key Questions Answered in This Report:

  • How has the global laboratory informatics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global laboratory informatics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the delivery mode?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global laboratory informatics market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR112023A4136

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Laboratory Informatics Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Laboratory Information Management Systems (LIMS)
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Electronic Lab Notebooks (ELN)
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Scientific Data Management Systems (SDMS)
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Laboratory Execution Systems (LES)
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS)
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Chromatography Data Systems (CDS)
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Enterprise Content Management (ECM)
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast

7 Market Breakup by Delivery Mode

  • 7.1 On-premises
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Web-hosted
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Cloud-based
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Component

  • 8.1 Software
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Services
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by End Use

  • 9.1 Life Science Companies
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 CROs
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Chemical Industry
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Food & Beverage and Agriculture Industries
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Environmental Testing Laboratories
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Petrochemical Refineries and Oil & Gas Industry
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast
  • 9.7 Others
    • 9.7.1 Market Trends
    • 9.7.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Abbott Laboratories
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Agilent Technologies Inc.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 Dassault Systemes
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 LabLynx Inc.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 LabVantage Solutions Inc
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 LabWare
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7 PerkinElmer Inc.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Thermo Fisher Scientific Inc.
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Waters Corporation
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
Product Code: SR112023A4136

List of Figures

  • Figure 1: Global: Laboratory Informatics Market: Major Drivers and Challenges
  • Figure 2: Global: Laboratory Informatics Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Laboratory Informatics Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Laboratory Informatics Market: Breakup by Product (in %), 2022
  • Figure 5: Global: Laboratory Informatics Market: Breakup by Delivery Mode (in %), 2022
  • Figure 6: Global: Laboratory Informatics Market: Breakup by Component (in %), 2022
  • Figure 7: Global: Laboratory Informatics Market: Breakup by End Use (in %), 2022
  • Figure 8: Global: Laboratory Informatics Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Laboratory Informatics (Laboratory Information Management Systems-LIMS) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Laboratory Informatics (Laboratory Information Management Systems-LIMS) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Laboratory Informatics (Electronic Lab Notebooks-ELN) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Laboratory Informatics (Electronic Lab Notebooks-ELN) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Laboratory Informatics (Scientific Data Management Systems-SDMS) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Laboratory Informatics (Scientific Data Management Systems-SDMS) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Laboratory Informatics (Laboratory Execution Systems-LES) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Laboratory Informatics (Laboratory Execution Systems-LES) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Laboratory Informatics (Electronic Data Capture-EDC and Clinical Data Management Systems-CDMS) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Laboratory Informatics (Electronic Data Capture-EDC and Clinical Data Management Systems-CDMS) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Laboratory Informatics (Chromatography Data Systems-CDS) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Laboratory Informatics (Chromatography Data Systems-CDS) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Laboratory Informatics (Enterprise Content Management-ECM) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Laboratory Informatics (Enterprise Content Management-ECM) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Laboratory Informatics (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Laboratory Informatics (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Laboratory Informatics (Web-hosted) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Laboratory Informatics (Web-hosted) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Laboratory Informatics (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Laboratory Informatics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Laboratory Informatics (Software) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Laboratory Informatics (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Laboratory Informatics (Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Laboratory Informatics (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Laboratory Informatics (Life Science Companies) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Laboratory Informatics (Life Science Companies) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Laboratory Informatics (CROs) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Laboratory Informatics (CROs) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Laboratory Informatics (Chemical Industry) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Laboratory Informatics (Chemical Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Laboratory Informatics (Food & Beverage and Agriculture Industries) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Global: Laboratory Informatics (Food & Beverage and Agriculture Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Global: Laboratory Informatics (Environmental Testing Laboratories) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Global: Laboratory Informatics (Environmental Testing Laboratories) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Global: Laboratory Informatics (Petrochemical Refineries and Oil & Gas Industry) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Global: Laboratory Informatics (Petrochemical Refineries and Oil & Gas Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: Global: Laboratory Informatics (Other End Uses) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: Global: Laboratory Informatics (Other End Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: North America: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: North America: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: United States: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: United States: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: Canada: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: Canada: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Asia-Pacific: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Asia-Pacific: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: China: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: China: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Japan: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Japan: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: India: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: India: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: South Korea: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: South Korea: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Australia: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Australia: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Indonesia: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Indonesia: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Others: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Others: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Europe: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Europe: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Germany: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Germany: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: France: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: France: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: United Kingdom: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: United Kingdom: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Italy: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Italy: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Spain: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Spain: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Russia: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Russia: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Others: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Others: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Latin America: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Latin America: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Brazil: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Brazil: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Mexico: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 90: Mexico: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 91: Others: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 92: Others: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 93: Middle East and Africa: Laboratory Informatics Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 94: Middle East and Africa: Laboratory Informatics Market: Breakup by Country (in %), 2022
  • Figure 95: Middle East and Africa: Laboratory Informatics Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 96: Global: Laboratory Informatics Industry: SWOT Analysis
  • Figure 97: Global: Laboratory Informatics Industry: Value Chain Analysis
  • Figure 98: Global: Laboratory Informatics Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Laboratory Informatics Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Laboratory Informatics Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Laboratory Informatics Market Forecast: Breakup by Delivery Mode (in Million US$), 2023-2028
  • Table 4: Global: Laboratory Informatics Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 5: Global: Laboratory Informatics Market Forecast: Breakup by End Use (in Million US$), 2023-2028
  • Table 6: Global: Laboratory Informatics Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Laboratory Informatics Market: Competitive Structure
  • Table 8: Global: Laboratory Informatics Market: Key Players
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