A laboratory information management system (LIMS) is a software system developed to support laboratory operations. This software system can track specimens and workflows, aggregate data for research or business intelligence purposes, and ensure laboratory operations are compliant with various standards and regulations.
Scope of the Report:
This report studies the LIMS market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the LIMS market by product type and applications/end industries.
Globally, the LIMS industry market is concentrated as the manufacturing technology of LIMS is relatively much more complicated than some high-tech equipment. Some enterprises are well-known for the wonderful performance of their LIMS and related services, like LabWare, Thermo Fisher, LabVantage Solutions, STARLIMS Corporation. At the same time, US are remarkable in the global LIMS industry because of their market share and technology status of LIMS.
Although the market competition of LIMS is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of LIMS and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The global LIMS market is valued at 530 million USD in 2017 and is expected to reach 750 million USD by the end of 2023, growing at a CAGR of 5.8% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of LIMS.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Remotely hosted LIMS
Market Segment by Applications, can be divided into
Research and Development Lab
Analytical Services Lab