NEW YORK, Jan. 27, 2023 /PRNewswire/ -- Laboratory information management system (LIMS) market insights -

• Vendors: 15+, Including Abbott Laboratories, Accelerated Technology Laboratories Inc., Agile Frameworks LLC, Attune Technologies Pvt. Ltd., Autoscribe Informatics, Benchling Inc., Broughton Software Ltd., Comp Pro Med Inc., Computing Solutions, Eusoft Ltd., Illumina Inc., LabLynx Inc., LabVantage Solutions Inc., LabWare Inc., Labworks LLC, Nous Infosystems Pvt. Ltd., Novatek International, PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc. among others
• Coverage: Key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: deployment (on-premise and cloud-based), component (software and services), and geography (North America, Europe, Asia, and Rest of World (ROW))

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The laboratory information management system (LIMS) market report provides critical
information and factual data, with a qualitative and quantitative study of the market based on
market drivers and limitations as well as future prospects.

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In 2017, the laboratory information management system (LIMS) market was valued at USD 897.05 million. From a regional perspective, North America held the largest market share, valued at USD 358.10 million. The laboratory information management system (LIMS) market size is estimated to grow by USD 907.08 million from 2022 to 2027 at a CAGR of 9.08% according to Technavio.

Laboratory information management system (LIMS) market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Global laboratory information management system (LIMS) market - Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

• Accelerated Technology Laboratories Inc: The company offers a laboratory information management system (LIMS) that includes a consistent user interface across the entire application, and high configurability to allow numerous filtering options to allow users to see the data that is most important to them.
• Agile Frameworks LLC: The company offers a laboratory information management system (LIMS) that allows for managing samples with a chain-of-custody process, starting in the field with sample creation, to maintain consistency and compliance.
• Attune Technologies Pvt. Ltd: The company offers a laboratory information management system (LIMS) that is designed for lab owners and pathologists to help manage the daily operations of the lab efficiently and grow the business.

Global laboratory information management system (LIMS) market– Market dynamics

Major drivers – 

• Adherence to compliance and government regulations
• The rise in chronic diseases and the aging population
• High demand for bio-banking

KEY challenges – 

• Increasing data security and privacy concerns
• Issues with data migration from existing LIMS to new systems
• High implementation and maintenance costs

Drivers, & Challenges have an impact on market dynamics and can impact
businesses. Find some insights from a sample report!

What are the key data covered in this laboratory information management system (LIMS) market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the laboratory information management system (LIMS) market between 2023 and 2027
• Precise estimation of the size of the laboratory information management system (LIMS) market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the laboratory information management system (LIMS) market across North America, Europe, Asia, and the Rest of World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of laboratory information management system (LIMS) market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global laboratory information management system (LIMS) market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global laboratory information management system (LIMS) market 2017 - 2021 ($ million)

• 4.2 Deployement Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Deployement Segment 2017 - 2021 ($ million)

• 4.3 Component Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 On-premise - Market size and forecast 2022-2027
• Exhibit 34: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on On-premise - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on On-premise - Year-over-year growth 2022-2027 (%)

• 6.4 Cloud-based - Market size and forecast 2022-2027
• Exhibit 38: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ million)

7 Market Segmentation by Component

• 7.1 Market segments 
• Exhibit 43: Chart on Component - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Component - Market share 2022-2027 (%)

• 7.2 Comparison by Component 
• Exhibit 45: Chart on Comparison by Component
• Exhibit 46: Data Table on Comparison by Component

• 7.3 Software - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Software - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Software - Year-over-year growth 2022-2027 (%)

• 7.4 Services - Market size and forecast 2022-2027
• Exhibit 51: Chart on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Services - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Services - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Component 
• Exhibit 55: Market opportunity by Component ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027
• Exhibit 69: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
• Exhibit 73: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027
• Exhibit 77: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 Germany - Market size and forecast 2022-2027
• Exhibit 81: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 85: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 97: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 98: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 99: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 100: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 101: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 102: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 103: Matrix on vendor position and classification

• 12.3 Abbott Laboratories 
• Exhibit 104: Abbott Laboratories - Overview
• Exhibit 105: Abbott Laboratories - Business segments
• Exhibit 106: Abbott Laboratories - Key news
• Exhibit 107: Abbott Laboratories - Key offerings
• Exhibit 108: Abbott Laboratories - Segment focus

• 12.4 Accelerated Technology Laboratories Inc.
• Exhibit 109: Accelerated Technology Laboratories Inc. - Overview
• Exhibit 110: Accelerated Technology Laboratories Inc. - Product / Service
• Exhibit 111: Accelerated Technology Laboratories Inc. - Key news
• Exhibit 112: Accelerated Technology Laboratories Inc. - Key offerings

• 12.5 Agile Frameworks LLC 
• Exhibit 113: Agile Frameworks LLC - Overview
• Exhibit 114: Agile Frameworks LLC - Product / Service
• Exhibit 115: Agile Frameworks LLC - Key offerings

• 12.6 Attune Technologies Pvt. Ltd. 
• Exhibit 116: Attune Technologies Pvt. Ltd. - Overview
• Exhibit 117: Attune Technologies Pvt. Ltd. - Product / Service
• Exhibit 118: Attune Technologies Pvt. Ltd. - Key offerings

• 12.7 Autoscribe Informatics 
• Exhibit 119: Autoscribe Informatics - Overview
• Exhibit 120: Autoscribe Informatics - Product / Service
• Exhibit 121: Autoscribe Informatics - Key offerings

• 12.8 Benchling Inc. 
• Exhibit 122: Benchling Inc. - Overview
• Exhibit 123: Benchling Inc. - Product / Service
• Exhibit 124: Benchling Inc. - Key offerings

• 12.9 Broughton Software Ltd. 
• Exhibit 125: Broughton Software Ltd. - Overview
• Exhibit 126: Broughton Software Ltd. - Product / Service
• Exhibit 127: Broughton Software Ltd. - Key offerings

• 12.10 Eusoft Ltd. 
• Exhibit 128: Eusoft Ltd. - Overview
• Exhibit 129: Eusoft Ltd. - Product / Service
• Exhibit 130: Eusoft Ltd. - Key offerings

• 12.11 Illumina Inc. 
• Exhibit 131: Illumina Inc. - Overview
• Exhibit 132: Illumina Inc. - Business segments
• Exhibit 133: Illumina Inc. - Key news
• Exhibit 134: Illumina Inc. - Key offerings
• Exhibit 135: Illumina Inc. - Segment focus

• 12.12 LabLynx Inc. 
• Exhibit 136: LabLynx Inc. - Overview
• Exhibit 137: LabLynx Inc. - Product / Service
• Exhibit 138: LabLynx Inc. - Key offerings

• 12.13 LabVantage Solutions Inc. 
• Exhibit 139: LabVantage Solutions Inc. - Overview
• Exhibit 140: LabVantage Solutions Inc. - Product / Service
• Exhibit 141: LabVantage Solutions Inc. - Key offerings

• 12.14 LabWare Inc. 
• Exhibit 142: LabWare Inc. - Overview
• Exhibit 143: LabWare Inc. - Product / Service
• Exhibit 144: LabWare Inc. - Key offerings

• 12.15 Labworks LLC 
• Exhibit 145: Labworks LLC - Overview
• Exhibit 146: Labworks LLC - Product / Service
• Exhibit 147: Labworks LLC - Key offerings

• 12.16 Shimadzu Corp. 
• Exhibit 148: Shimadzu Corp. - Overview
• Exhibit 149: Shimadzu Corp. - Business segments
• Exhibit 150: Shimadzu Corp. - Key news
• Exhibit 151: Shimadzu Corp. - Key offerings
• Exhibit 152: Shimadzu Corp. - Segment focus

• 12.17 Thermo Fisher Scientific Inc. 
• Exhibit 153: Thermo Fisher Scientific Inc. - Overview
• Exhibit 154: Thermo Fisher Scientific Inc. - Business segments
• Exhibit 155: Thermo Fisher Scientific Inc. - Key news
• Exhibit 156: Thermo Fisher Scientific Inc. - Key offerings
• Exhibit 157: Thermo Fisher Scientific Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 158: Inclusions checklist
• Exhibit 159: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 160: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 161: Research methodology
• Exhibit 162: Validation techniques employed for market sizing
• Exhibit 163: Information sources

• 13.5 List of abbreviations 
• Exhibit 164: List of abbreviations

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