PUBLISHER: SkyQuest | PRODUCT CODE: 1907385
PUBLISHER: SkyQuest | PRODUCT CODE: 1907385
North America Laboratory Informatics Market size was valued at USD 1.32 Billion in 2024 and is poised to grow from USD 1.37 Billion in 2025 to USD 1.8 Billion by 2033, growing at a CAGR of 3.5% during the forecast period (2026-2033).
Laboratories across North America are increasingly adopting laboratory informatics solutions to enhance their data management capabilities, facilitating the efficient capture, tracking, and sharing of research and manufacturing data. The surge in scientific advancements in areas like genomics and personalized medicine is driving this demand for reliable data management systems. These solutions streamline the processes of gathering, storing, and collaborating on research data, ultimately saving time and improving workflow efficiency. Additionally, the heightened focus on healthcare due to recent global challenges has underscored the importance of robust data management in addressing critical supply chain disruptions. As organizations navigate these complex logistics, the adoption of informatics solutions is emerging as a vital strategy for success in the evolving laboratory landscape.
Top-down and bottom-up approaches were used to estimate and validate the size of the North America Laboratory Informatics market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
North America Laboratory Informatics Market Segments Analysis
North America Laboratory Informatics Market is segmented by Product, Mode of Delivery, Component, End User and region. Based on Product, the market is segmented into Laboratory Information Management System (LIMS), Electronic Lab Notebook (ELN), Chromatography Data System (CDS), Electronic Data Capture (EDC) & Clinical Data Management System (CDMS), Laboratory Execution System (LES), Enterprise Content Management (ECM) and Scientific Data Management System (SDMS). Based on Mode of Delivery, the market is segmented into On-premise solutions, Cloud-based solutions and Web-based solutions. Based on Component, the market is segmented into Services and Software. Based on End User, the market is segmented into Life Sciences industry, Chemical Testing Laboratories, Food & Beverage and Agriculture Industries, Petrochemical and Oil & Gas Industries and Others. Based on country, the market is segmented into US and Canada.
Driver of the North America Laboratory Informatics Market
The North America Laboratory Informatics market is significantly influenced by the rising emphasis on research and development activities, particularly in drug discovery, which drives the need for advanced lab and data management solutions. Many R&D organizations are transitioning from outdated systems to digital laboratory solutions, as these informatics platforms enable researchers to effectively document their experiments, capture essential data, and derive conclusive insights. Additionally, the academic research sector plays a crucial role in the R&D landscape, contributing nearly 60% of basic research, with the life sciences sector receiving the majority of funding. This focus on academic life sciences not only boosts budget allocations but also fosters growth in the laboratory informatics market across North America.
Restraints in the North America Laboratory Informatics Market
A significant challenge hindering the growth of the North America Laboratory Informatics market is the substantial costs associated with service and maintenance of informatics solutions. These ongoing expenses typically represent around 20-30% of the total ownership costs. Additionally, costs related to training and implementation can contribute to nearly 15% of the overall expenditure. Such financial burdens often deter small and medium-sized laboratories from investing in these systems, leading to restricted adoption rates. Nonetheless, the increasing availability of cloud-based services is anticipated to alleviate some of these financial constraints, potentially improving market dynamics in the future.
Market Trends of the North America Laboratory Informatics Market
The North America Laboratory Informatics market is witnessing a notable shift towards user-friendly software solutions and cloud-based technologies, driven by a surge in laboratory informatics startups. As research laboratories increasingly adopt cloud, mobile, and voice technologies, the demand for lab automation solutions is on the rise. Providers are pivoting towards cloud and Software as a Service (SaaS) strategies to meet this evolving need, emphasizing flexibility and accessibility. This trend reflects a broader movement towards innovative, efficient laboratory operations, positioning cloud solutions as a standard rather than an exception, thereby reshaping the future landscape of laboratory informatics in the region.