Enterprise Laboratory Informatics is predicted to grasp a market worth US$ 25,500.8 million in 2032, increasing from US$ 4,255.1 million in 2022, growing at a CAGR of 8.2% during the forecast period.
Previously, between 2016 to 2021, the necessity for enterprise laboratory informatics augmented at a pace of 7.2%.
There are six main steps to be considered for building an efficient laboratory informatics system- acquire, manage, integrate, analyze, present and dispose.
The enterprise laboratory informatics can be used in life sciences, healthcare, manufacturing, finance, legal, research & development among other domains where significant amount of data is stored and analyzed.
The global enterprise laboratory informatics will see a considerable growth with the trend of latest technology integration to the existing enterprise laboratory informatics method and its efficiency compared with the conventional methods of data management and analysis.
Considering the market dynamics of the global enterprise laboratory informatics market, the market drivers identified are the demand for smooth flow of information’s and analysis in the clinical and life science research laboratories.
In terms of healthcare, according to the PPACA (Patient Protection and Affordable Care Act) has made compulsory use of enterprise laboratory informatics in order to avoid transcription errors in storing the patient data’s hence ensuring safety to the patients.
Apart from above factors the use of enterprise laboratory informatics reduces the manpower costs in laboratories and laboratory managing costs.
Get a Sample Copy of Report @
There are some challenges associated with the enterprise laboratory informatics system initial setup cost being one of the factor that might pose as a restraint for global enterprise laboratory informatics market.
The global enterprise laboratory informatics market is segmented based on laboratory informatics solutions, applications and region.
Based on the laboratory informatics solutions used for laboratory informatics, the market can be segmented into LIMS (Laboratory Information Management System), ELN (electronic Laboratory Notebooks), SDMS (Scientific Data Management System), Chromatography Data System and CAPA (Corrective Action & Prevention Action).
Each solution is used for different application; for instance, LIMS is prominently used for managing data in the healthcare laboratories.
According to the applications, the global enterprise laboratory informatics market is segmented into healthcare, R&D, finance, legal, life sciences and clinics among others.
Based on the geographic regions, global enterprise laboratory informatics market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa.
The North America market for enterprise laboratory informatics dominates the global market with largest market share among the aforementioned regions.
The adoption of new technologies in the region along with the acts for patient safety and efficient data management in the healthcare laboratories in the region attributes to the growth of the market in the region.
Western Europe market for enterprise laboratory informatics trails behind the North American market.
With increasing healthcare infrastructure and IT developments in the regions like Latin America, Asia-Pacific and Eastern Europe provides opportunity for the enterprise laboratory informatics market in the region.
Overall, the global market for laboratory informatics with register a healthy growth rate by the end of forecast period.
Request Report Methodology @
Global Enterprise Laboratory Informatics Market: Key Players
Some of the major players identified in the global enterprise laboratory informatics market includes, LabAnswer, TCS (Tata Consultancy Services), Abbott Laboratories, Core Informatics, Thermo Fisher Scientific Inc., and LabWare among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
Ask Us Your Questions About This Report @
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Related Link :
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
United Arab Emirates
For Sales Enquiries: firstname.lastname@example.org
LinkedIn| Twitter| Blogs