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Laboratory Information System Market Oppotunity and Forecast To 2027, Key Player

The global laboratory information system market is anticipated to grow at 8.9% CAGR during 2021-2027 owing to the rising need for laboratory automation and increased lab efficacy, increased incidences of chronic diseases, surging demand for personalized medicine, increased demand for high lab productivity, advancement in integrating LIS, and rising prominence of cloud-based LIS and molecular diagnostics will propel the growth of the laboratory information system market.

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Laboratory Information System Market Oppotunity and Forecast To 2027, Key Player

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  1. Laboratory Information System Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Laboratory Information System Market The global laboratory information system market is anticipated to grow at 8.9% CAGR during 2021-2027 owing to the rising need for laboratory automation and increased lab efficacy, increased incidences of chronic diseases, surging demand for personalized medicine, increased demand for high lab productivity, advancement in integrating LIS, and rising prominence of cloud-based LIS and molecular diagnostics will propel the growth of the laboratory information system market. The COVID-19 pandemic has a positive impact on the laboratory information system market as research laboratories or diagnostic labs that are focused on COVID-19 research need to handle various steps like test management, sample handling, inventory control, shipment modules, etc. Moreover, these research labs have to develop treatments and vaccines for coronavirus and improves the quality, productivity, and robust manufacturing process of vaccines.

  4. Laboratory Information System Market Based on product, the integrated laboratory information system is anticipated to be the fastest growing segment owing to the emergence of integrated information-based systems that provide the essential framework for automated processes, with easier connectivity and high accuracy led to the growth of the integrated laboratory information system segment. Based on delivery mode, the cloud based segment is anticipated to have a high CAGR as cloud-based set up can help in assessing data from multiple locations and multiple syetms and from multiple branches. In addition, decreased IT manpower, cost-effective data management, and ease in deployability will fuel the growth of the segment.

  5. Laboratory Information System Market North America dominates the laboratory information system market owing to well established infrastructure, increased demand for digitalized technologies, growth in biobanks, ease in availability of LIMS products and services, and strict regulatory requirement across industry verticals. Orchard Software have acquired Corwen, LLC to develop its molecular capabilities and provide comprehensive, integrated LIS solutions in their response to COVID-19 and provides point-of-care testing solutions, includes sample pooling and liquid handler integration. The prominent players in the laboratory information system industry include Cerner Corporation, SCC Soft Computer, Mckesson Corporation, Compugroup Medical AG, EPIC Systems Corporation, Computer Programs and Systems, Inc., International Business Machines, and Orchard Software Corporation.

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