USD 637.40 Million Growth in Laboratory Information Management System (LIMS) Market - Global Market Analysis and Forecast Model | Technavio

Frequently Asked Questions-

• Based on segmentation by deployment, which is the leading segment in the market?
  The on-premise LIMS segment is expected to be the leading segment based on deployment in the global market during the forecast period.
• What are the major trends in the market?
  Rise in chronic diseases and aging population is one of the major trends in the market.
• At what rate is the market projected to grow?
  Growing at a CAGR of 10.04%, the incremental growth of the market is anticipated to be USD 637.40 million.
• Who are the top players in the market?
  Abbott Laboratories, Accelerated Technology Laboratories Inc., Autoscribe Informatics, Illumina Inc., LabLynx Inc., LabVantage Solutions Inc., LabWare Inc., PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc. are some of the major market participants.
• What are the key market drivers and challenges?
  Adherence to compliance and government regulations is one of the major factors driving the market. However, the increasing data security and privacy concerns restraints the market growth.
• How big is the North America market?
  The North America region will contribute 39% of market growth.

View market snapshot before purchasing to get insights on the drivers, trends, and challenges that will help companies evaluate and develop growth strategies for 2021-2025.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Accelerated Technology Laboratories Inc., Autoscribe Informatics, Illumina Inc., LabLynx Inc., LabVantage Solutions Inc., LabWare Inc., PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc. are some of the major market participants.

The adherence to compliance and government regulations will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this laboratory information management system (LIMS) market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Laboratory Information Management System (LIMS) Market 2021-2025: Segmentation

• Deployment
• On-premise LIMS
• Cloud-based LIMS
• Geography
• North America
• Europe
• APAC
• South America
• MEA

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Laboratory Information Management System (LIMS) Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The laboratory information management system (LIMS) market report covers the following areas:

• Laboratory Information Management System (LIMS) Market Size
• Laboratory Information Management System (LIMS) Market Trends
• Laboratory Information Management System (LIMS) Market Analysis

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Laboratory Information Management System (LIMS) Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist laboratory information management system (LIMS) market growth during the next five years
• Estimation of the laboratory information management system (LIMS) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the laboratory information management system (LIMS) market across North America, Europe, APAC, South America, and MEA
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of laboratory information management system (LIMS) market vendors

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