Laboratory Information Systems Market Outlook, Competitive Strategies and Forecasts to 2030
Laboratory Information Systems Market Research Report
Market Overview
The laboratory information systems market is expected to
register 9.5% CAGR and is anticipated to reach USD 3.8 Billion during the
forecast period 2022-2030. LIS reduces specimen handling time, increases
productivity, and improves turn-around time by streamlining laboratory
processes. The rising demand for lab automation and efficiency, the increasing
incidence of chronic diseases, the surge in demand for personalized medicine,
the growth of integrated LIS, and the growing popularity of cloud-based LIS are
all expected to provide significant growth opportunities for market players,
developing economies.
Key Player- The laboratory information systems
industry is a very vast industry that includes independent labs, blood banks,
nursing homes, hospital labs, doctor’s clinics, and government independent
labs. The Laboratory
Information Systems Market Players
are Sysmex Corporation, XIFIN Inc., Margy Tech, Cerner Corporation,
Roper Industries, McKensson Corporation, Thermo Fisher
Market Segmentation
Laboratory
Information Systems Market Insights are segmented as clinical trials,
industrial use, and discovery of drugs by application.
By Product Type: Standalone and Integrated
By Component: Software and Services
By Delivery Mode: On-premise, Web-based, and
Cloud-based
By End User: Hospital Laboratories, Independent
Laboratories, Physician Laboratories, and Others
By Geography: North America (U.S., Canada, and
Mexico), Asia-Pacific (India, China, Japan, Australia & New Zealand, South
Korea, and Rest of Asia-Pacific), Europe (Germany, France, UK, Italy, Russia,
Spain, and Rest of Europe), South America (Argentina, Brazil, and Rest of South
America) and Rest of World (the Middle East and Africa).
Regional Classification
The Laboratory
Information Systems Market Outlook has been rising for the previous decade,
with more clinics, hospitals, and pharmaceutical companies investing in the
market. The growing number of research studies and clinical trials being
conducted to combat chronic diseases has raised the need to invest in and build
advanced laboratories capable of accurately determining the causes of these
disorders. According to Laboratory information systems industry standards,
North America ranks first in the world for having invested the most money in
labs and clinics. Europe is the second most LIS-invested country after the
United States, providing local and global healthcare companies opportunities.
Due to their growing populations, Asia-Pacific countries
such as India, Malaysia, China, Japan, and Singapore have marketed the
Laboratory information systems business. Clinical
trials of chronic diseases, exchanging and marketing knowledge about
different diseases around the world to prevent another pandemic, medication
creation by pharma firms to create improved healthcare systems, and other
factors all impact the Laboratory information systems sector market.
Industry News
The growing demand for lab automation propels the laboratory
information system industry forward. A growing number of people are getting a
battery of tests, putting further strain on laboratories. Clinical laboratories
are employing more healthcare workers to lower the workload on existing staff
and lessen the number of errors that come with it, to improve the lab's
efficacy and efficiency in producing accurate results. According to the Bureau
of Labor Statistics, an extra 12,000 clinical laboratory workers are needed
each year to meet demand, but only half of that number is joining the sector.
As a result, laboratories choose automation to make their jobs easier.
A cloud-based laboratory information system is predicted to
become the main trend in the laboratory information systems market. Cloud
computing is defined as the sharing of computer resources and services, such as
storage as well as servers, over the internet to lower costs, productivity,
increase speed, and network security. The cloud system in laboratory
information systems provides several benefits, including improved findings,
cost-effectiveness, and progress without additional space.
About US:
Market Research Future (MRFR) enable customers to unravel
the complexity of various industries through Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact us:
Market Research Future (part of Wantstats Research and Media
Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013
Comments
Post a Comment