Laboratory Information Management System Lims Market
PUBLISHED: 2021 ID: SMRC20342
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Laboratory Information Management System Lims Market

Laboratory Information Management System (LIMS) - Global Market Outlook (2019-2027)

4.6 (80 reviews)
4.6 (80 reviews)
Published: 2021 ID: SMRC20342

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Laboratory Information Management System (LIMS) market is accounted for $0.89 billion in 2019 and is expected to reach $2.56 billion by 2027 growing at a CAGR of 14.1% during the forecast period. The growing research & development expenditure in pharmaceutical and biotechnology companies and rising adoption of cloud based LIMS are the major factors driving the market growth However, the high maintenance and service costs are restraining market growth.

Laboratory information management system (LIMS) is a modern laboratory operation which is a software based laboratory and information management system. It has got a wide range of applications in many fields like petrochemicals and pharmaceuticals. LIMS bestow numerous applications in pharmaceutical industry such as test library included drug release, disintegration, drug release, standard functionality, dissolution, product examine and stability module that ease stability studies.

Based on the deployment model, the cloud-based laboratory information management System (LIMS) segment is anticipated to expand at a rapid pace during the forecast period due to its ease of use, affordability, reliability, adaptability & flexibility, and a pay-as-you-go pricing model. By geography, North America is expected grow at a faster rate during the forecast period as the strong economies of the US and Canada have allowed a significant investment in new technologies which has resulted in the growth in biobanks, and easy availability of LIMS products and services.

Some of the key players profiled in the Laboratory Information Management System Market include Abbott Informatics, Accelerated Technology Laboratories, Agilent Technologies Inc, Apollolims, Autoscribe Informatics, Cloudlims, Computing Solutions Inc, Dassault Systemes, Eusoft S.R.L, Genologics Inc, Horizon Lims, Lablynx Inc, Labvantage, Labware, Labworks Llc, Novatek International, Ovation, Promium, Siemens, Thermo Fisher Scientific.

Types Covered:
• Broad-based LIMS
• Industry-specific LIMS

Components Covered:
• Services
• Software
• Hardware

Deployments Covered:
• On-premise
• Cloud-based
• Web/Remotely Hosted

Applications Covered:
• Life Sciences
• Petrochemical Refineries and Oil & Gas
• Chemical
• Food & Beverage
• Agriculture
• Environmental Testing Laboratories
• Other Industries

End Users Covered:
• Hospitals
• Clinics
• Independent Laboratories
• Research centers
• Biological Laboratory
• Food Laboratory
• Medicine Laboratory

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
         
2 Preface      
  
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Application Analysis     
 3.7 End User Analysis       
 3.8 Emerging Markets      
 3.9 Impact of Covid-19      
         
4 Porters Five Force Analysis      
 4.1 Bargaining Power Of Suppliers      
 4.2 Bargaining Power Of Buyers      
 4.3 Threat Of Substitutes     
 4.4 Threat Of New Entrants     
 4.5 Competitive Rivalry      
         
5 Global Laboratory Information Management System (LIMS) Market, By Type 
 5.1 Introduction      
 5.2 Broad-Based LIMS      
 5.3 Industry-Specific LIMS     
         
6 Global Laboratory Information Management System (LIMS) Market, By Component
 6.1 Introduction      
 6.2 Services       
 6.3 Software       
 6.4 Hardware      
         
7 Global Laboratory Information Management System (LIMS) Market, By Deployment
 7.1 Introduction      
 7.2 On-Premise       
 7.3 Cloud-Based       
 7.4 Web/Remotely Hosted      
         
8 Global Laboratory Information Management System (LIMS) Market, By Application
 8.1 Introduction      
 8.2 Life Sciences      
  8.2.1 Academic Research Institutes    
  8.2.2 Biobanks and Biorepositories    
  8.2.3 Clinical Research Laboratories    
  8.2.4 Contract Services Organizations (CROs & CMOs)  
  8.2.5 Molecular Diagnostics (MDx) & Clinical Research Laboratories 
  8.2.6 Next-generation Sequencing Laboratories (NGS )  
  8.2.7 Pharmaceutical and Biotechnology Companies  
  8.2.8 Toxicology Laboratories    
 8.3 Petrochemical Refineries and Oil & Gas    
 8.4 Chemical       
 8.5 Food & Beverage      
 8.6 Agriculture      
 8.7 Environmental Testing Laboratories    
 8.8 Other Industries      
  8.8.1 Forensics      
  8.8.2 Metal & Mining Laboratories    
  8.8.3 Healthcare Industries    
  8.8.4 Diagnostics     
  8.8.5 Medical Devices     
         
9 Global Laboratory Information Management System (LIMS) Market, By End User 
 9.1 Introduction      
 9.2 Hospitals       
 9.3 Clinics       
 9.4 Independent Laboratories     
 9.5 Research Centers      
 9.6 Biological Laboratory     
 9.7 Food Laboratory      
 9.8 Medicine Laboratory     
         
10 Global Laboratory Information Management System (LIMS) Market, By Geography 
 10.1 Introduction      
 10.2 North America      
  10.2.1 US      
  10.2.2 Canada      
  10.2.3 Mexico      
 10.3 Europe       
  10.3.1 Germany       
  10.3.2 UK      
  10.3.3 Italy      
  10.3.4 France      
  10.3.5 Spain      
  10.3.6 Rest of Europe     
 10.4 Asia Pacific      
  10.4.1 Japan      
  10.4.2 China      
  10.4.3 India      
  10.4.4 Australia      
  10.4.5 New Zealand     
  10.4.6 South Korea     
  10.4.7 Rest of Asia Pacific     
 10.5 South America      
  10.5.1 Argentina     
  10.5.2 Brazil      
  10.5.3 Chile      
  10.5.4 Rest of South America    
 10.6 Middle East & Africa     
  10.6.1 Saudi Arabia     
  10.6.2 UAE      
  10.6.3 Qatar      
  10.6.4 South Africa     
  10.6.5 Rest of Middle East & Africa    
         
11 Key Developments       
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 11.2 Acquisitions & Mergers     
 11.3 New Product Launch     
 11.4 Expansions      
 11.5 Other Key Strategies     
         
12 Company Profiling       
 12.1 Abbott Informatics       
 12.2 Accelerated Technology Laboratories    
 12.3 Agilent Technologies Inc     
 12.4 Apollolims      
 12.5 Autoscribe Informatics     
 12.6 Cloudlims      
 12.7 Computing Solutions Inc     
 12.8 Dassault Systemes      
 12.9 Eusoft S.R.L      
 12.10 Genologics Inc      
 12.11 Horizon Lims      
 12.12 Lablynx Inc       
 12.13 Labvantage      
 12.14 Labware       
 12.15 Labworks Llc      
 12.16 Novatek International     
 12.17 Ovation       
 12.18 Promium       
 12.19 Siemens       
 12.20 Thermo Fisher Scientific     


List of Tables        
1 Global Laboratory Information Management System (LIMS) Market Outlook, By Region (2018-2027) (US $MN)
2 Global Laboratory Information Management System (LIMS) Market Outlook, By Type (2018-2027) (US $MN)
3 Global Laboratory Information Management System (LIMS) Market Outlook, By Broad-based LIMS (2018-2027) (US $MN)
4 Global Laboratory Information Management System (LIMS) Market Outlook, By Industry-specific LIMS (2018-2027) (US $MN)
5 Global Laboratory Information Management System (LIMS) Market Outlook, By Component (2018-2027) (US $MN)
6 Global Laboratory Information Management System (LIMS) Market Outlook, By Services (2018-2027) (US $MN)
7 Global Laboratory Information Management System (LIMS) Market Outlook, By Software (2018-2027) (US $MN)
8 Global Laboratory Information Management System (LIMS) Market Outlook, By Hardware (2018-2027) (US $MN)
9 Global Laboratory Information Management System (LIMS) Market Outlook, By Deployment (2018-2027) (US $MN)
10 Global Laboratory Information Management System (LIMS) Market Outlook, By On-premise (2018-2027) (US $MN)
11 Global Laboratory Information Management System (LIMS) Market Outlook, By Cloud-based (2018-2027) (US $MN)
12 Global Laboratory Information Management System (LIMS) Market Outlook, By Web/Remotely Hosted (2018-2027) (US $MN)
13 Global Laboratory Information Management System (LIMS) Market Outlook, By Application (2018-2027) (US $MN)
14 Global Laboratory Information Management System (LIMS) Market Outlook, By Life Sciences (2018-2027) (US $MN)
15 Global Laboratory Information Management System (LIMS) Market Outlook, By Academic Research Institutes (2018-2027) (US $MN)
16 Global Laboratory Information Management System (LIMS) Market Outlook, By Biobanks and Biorepositories (2018-2027) (US $MN)
17 Global Laboratory Information Management System (LIMS) Market Outlook, By Clinical Research Laboratories (2018-2027) (US $MN)
18 Global Laboratory Information Management System (LIMS) Market Outlook, By Contract Services Organizations (CROs & CMOs) (2018-2027) (US $MN)
19 Global Laboratory Information Management System (LIMS) Market Outlook, By Molecular Diagnostics (MDx) & Clinical Research Laboratories (2018-2027) (US $MN)
20 Global Laboratory Information Management System (LIMS) Market Outlook, By Next-generation Sequencing Laboratories (NGS ) (2018-2027) (US $MN)
21 Global Laboratory Information Management System (LIMS) Market Outlook, By Pharmaceutical and Biotechnology Companies (2018-2027) (US $MN)
22 Global Laboratory Information Management System (LIMS) Market Outlook, By Toxicology Laboratories (2018-2027) (US $MN)
23 Global Laboratory Information Management System (LIMS) Market Outlook, By Petrochemical Refineries and Oil & Gas (2018-2027) (US $MN)
24 Global Laboratory Information Management System (LIMS) Market Outlook, By Chemical (2018-2027) (US $MN)
25 Global Laboratory Information Management System (LIMS) Market Outlook, By Food & Beverage (2018-2027) (US $MN)
26 Global Laboratory Information Management System (LIMS) Market Outlook, By Agriculture (2018-2027) (US $MN)
27 Global Laboratory Information Management System (LIMS) Market Outlook, By Environmental Testing Laboratories (2018-2027) (US $MN)
28 Global Laboratory Information Management System (LIMS) Market Outlook, By Other Industries (2018-2027) (US $MN)
29 Global Laboratory Information Management System (LIMS) Market Outlook, By Forensics  (2018-2027) (US $MN)
30 Global Laboratory Information Management System (LIMS) Market Outlook, By Metal & Mining Laboratories (2018-2027) (US $MN)
31 Global Laboratory Information Management System (LIMS) Market Outlook, By Healthcare Industries (2018-2027) (US $MN)
32 Global Laboratory Information Management System (LIMS) Market Outlook, By Diagnostics (2018-2027) (US $MN)
33 Global Laboratory Information Management System (LIMS) Market Outlook, By Medical Devices (2018-2027) (US $MN)
34 Global Laboratory Information Management System (LIMS) Market Outlook, By End User (2018-2027) (US $MN)
35 Global Laboratory Information Management System (LIMS) Market Outlook, By Hospitals (2018-2027) (US $MN)
36 Global Laboratory Information Management System (LIMS) Market Outlook, By Clinics (2018-2027) (US $MN)
37 Global Laboratory Information Management System (LIMS) Market Outlook, By Independent Laboratories (2018-2027) (US $MN)
38 Global Laboratory Information Management System (LIMS) Market Outlook, By Research centers (2018-2027) (US $MN)
39 Global Laboratory Information Management System (LIMS) Market Outlook, By Biological Laboratory (2018-2027) (US $MN)
40 Global Laboratory Information Management System (LIMS) Market Outlook, By Food Laboratory (2018-2027) (US $MN)
41 Global Laboratory Information Management System (LIMS) Market Outlook, By Medicine Laboratory (2018-2027) (US $MN)
         
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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