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Laboratory Information System Market Size, Share, Growth & Forecast 2025

Global laboratory information system market is expected to grow at a robust CAGR during the forecast period. The global laboratory information system market is driven by growing population base suffering from chronic disorders. Moreover, ongoing innovations in research and development labs, predominantly in pharmaceutical and biotechnological laboratories is positively impacting the growth of market during the forecast years. Visit : https://bit.ly/3eqCk3N

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Laboratory Information System Market Size, Share, Growth & Forecast 2025

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  1. 2015 – 2025 GLOBAL LABORATORY INFORMATION SYSTEM MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

  2. Scope of Report Product of Interest (POI): Laboratory Information System Global laboratory information system market is expected to grow at a robust CAGR during the forecast period. The global laboratory information system market is driven by growing population base suffering from chronic disorders. Moreover, ongoing innovations in research and development labs, predominantly in pharmaceutical and biotechnological laboratories is anticipated to positively impact the growth of market during the forecast years. Also, growing requirement to manage diagnostic errors is further expected to bolster the growth of market over the next few years. Market Segmentation Year Range PRODUCT END USER Standalone • Hospital Labs • Review Period LIS Independent Labs • Integrated • Physician Office • 2015 – 2018 LIS Laboratories Base Year Others • COMPONENT 2019 REGION Services • Estimated Year Software • Asia-Pacific • Europe • 2020 DELIVERY MODE North America • On-Premises Forecast Period • South America • Cloud-Based • Middle East & • 2021 – 2025 Africa 2

  3. Table of Contents S. No. Contents Page No. 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on Global Laboratory Information System Market 4. Executive Summary 5. Voice of Customer 6. Global Laboratory Information System Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Product (Standalone LIS, Integrated LIS) 6.2.2. By Component (Services, Software) 6.2.3. By Delivery Mode (On-Premises, Cloud-Based) 6.2.4. By End User (Hospital Labs, Independent Labs, Physician Office Laboratories, Others) 6.2.5 By Company (2019) 6.2.6. By Region (Asia-Pacific, Europe, North America, South America and Middle East & Africa) 6.3. Market Attractiveness Index 3

  4. Table of Contents S. No. Contents Page No. 7. Asia-Pacific Laboratory Information System Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Product 7.2.2. By Component 7.2.3. By Delivery Mode 7.2.4. By End User 7.2.5. By Country (China, India, Japan, South Korea, Australia) 7.3. Asia-Pacific: Country Analysis 7.3.1. China Laboratory Information System Market Outlook 7.3.1.1. Market Size & Forecast By Value 7.3.1.1.1. 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Product 7.3.1.2.2. By Component 7.3.1.2.3. By Delivery Mode 7.3.1.2.4. By End User 4

  5. Table of Contents S. No. Contents Page No. 7.3.2. India Laboratory Information System Market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Product 7.3.2.2.2. By Component 7.3.2.2.3. By Delivery Mode 7.3.2.2.4. By End User 7.3.3. Japan Laboratory Information System Market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Product 7.3.3.2.2. By Component 7.3.3.2.3. By Delivery Mode 7.3.3.2.4. By End User 7.3.4. South Korea Laboratory Information System Market Outlook 5

  6. Table of Contents S. No. Contents Page No. 7.3.4.1. Market Size & Forecast By Value 7.3.4.1.1. 7.3.4.2. Market Share & Forecast 7.3.4.2.1. By Product 7.3.4.2.2. By Component 7.3.4.2.3. By Delivery Mode 7.3.4.2.4. By End User 7.3.5. Australia Laboratory Information System Market Outlook 7.3.5.1. Market Size & Forecast By Value 7.3.5.1.1. 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Product 7.3.5.2.2. By Component 7.3.5.2.3. By Delivery Mode 7.3.5.2.4. By End User 8. Europe Laboratory Information System Market Outlook 6

  7. Table of Contents S. No. Contents Page No. 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Product 8.2.2. By Component 8.2.3. By Delivery Mode 8.2.4. By End User 8.2.5. By Country (France, Germany, United Kingdom, Italy, Spain) 8.3. Europe: Country Analysis 8.3.1. France Laboratory Information System Market Outlook 8.3.1.1. Market Size & Forecast By Value 8.3.1.1.1. 8.3.1.2. Market Share & Forecast 8.3.1.2.1. By Product 8.3.1.2.2. By Component 8.3.1.2.3. By Delivery Mode 7

  8. Table of Contents S. No. Contents Page No. 8.3.1.2.4. By End User 8.3.2. Germany Laboratory Information System Market Outlook 8.3.2.1. Market Size & Forecast By Value 8.3.2.1.1. 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Product 8.3.2.2.2. By Component 8.3.2.2.3. By Delivery Mode 8.3.2.2.4. By End User 8.3.3. United Kingdom Laboratory Information System Market Outlook 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Product 8.3.3.2.2. By Component 8.3.3.2.3. By Delivery Mode 8.3.3.2.4. By End User 8

  9. Table of Contents S. No. Contents Page No. 8.3.4. Italy Laboratory Information System Market Outlook 8.3.4.1. Market Size & Forecast By Value 8.3.4.1.1. 8.3.4.2. Market Share & Forecast 8.3.4.2.1. By Product 8.3.4.2.2. By Component 8.3.4.2.3. By Delivery Mode 8.3.4.2.4. By End User 8.3.5. Spain Laboratory Information System Market Outlook 8.3.5.1. Market Size & Forecast By Value 8.3.5.1.1. 8.3.5.2. Market Share & Forecast 8.3.5.2.1. By Product 8.3.5.2.2. By Component 8.3.5.2.3. By Delivery Mode 8.3.5.2.4. By End User 9. North America Laboratory Information System Market Outlook 9.1. Market Size & Forecast 9

  10. Table of Contents S. No. Contents Page No. 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Product 9.2.2. By Component 9.2.3. By Delivery Mode 9.2.4. By End User 9.2.5. By Country (United States, Canada, Mexico) 9.3. North America: Country Analysis United States Laboratory Information System Market Outlook 9.3.1. 9.3.1.1. Market Size & Forecast By Value 9.3.1.1.1. 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Product 9.3.1.2.2. By Component 9.3.1.2.3. By Delivery Mode 9.3.1.2.4. By End User 9.3.2. Canada Laboratory Information System Market Outlook 10

  11. Table of Contents S. No. Contents Page No. 9.3.2.1. Market Size & Forecast By Value 9.3.2.1.1. 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Product 9.3.2.2.2. By Component 9.3.2.2.3. By Delivery Mode 9.3.2.2.4. By End User 9.3.3. Mexico Laboratory Information System Market Outlook 9.3.3.1. Market Size & Forecast By Value 9.3.3.1.1. 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Product 9.3.3.2.2. By Component 9.3.3.2.3. By Delivery Mode 9.3.3.2.4. By End User 10. South America Laboratory Information System Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 11

  12. Table of Contents S. No. Contents Page No. 10.2.1. By Product 10.2.2. By Component 10.2.3. By Delivery Mode 10.2.4. By End User 10.2.5. By Country (Brazil, Argentina, Colombia) 10.3. South America: Country Analysis 10.3.1. Brazil Laboratory Information System Market Outlook 10.3.1.1. Market Size & Forecast By Value 10.3.1.1.1 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Product 10.3.1.2.2. By Component 10.3.1.2.3. By Delivery Mode 10.3.1.2.4. By End User 10.3.2. Argentina Laboratory Information System Market Outlook 10.3.2.1. Market Size & Forecast By Value 10.3.2.1.1 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Product 10.3.2.2.2. By Component 10.3.2.2.3. By Delivery Mode 12

  13. Table of Contents S. No. Contents Page No. 10.3.2.2.4. By End User 10.3.3. Colombia Laboratory Information System Market Outlook 10.3.3.1. Market Size & Forecast By Value 10.3.3.1.1 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Product 10.3.2.2.2. By Component 10.3.2.2.3. By Delivery Mode 10.3.2.2.4. By End User 11. Middle East & Africa Laboratory Information System Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value 11.2. Market Share & Forecast 11.2.1. By Product 11.2.2. By Component 11.2.3. By Delivery Mode 11.2.4. By End User 11.2.5. By Country (South Africa, Saudi Arabia, UAE) 11.3. Middle East & Africa : Country Analysis 13

  14. Table of Contents S. No. Contents Page No. South Africa Laboratory Information System Market Outlook 11.3.1. 11.3.1.1. Market Size & Forecast By Value 11.3.1.1.1. 11.3.1.2. Market Share & Forecast 11.3.1.2.1. By Product 11.3.1.2.2. By Component 11.3.1.2.3. By Delivery Mode 11.3.1.2.4. By End User 11.3.2. Saudi Arabia Laboratory Information System Market Outlook 11.3.2.1. Market Size & Forecast By Value 11.3.2.1.1. 11.3.2.2. Market Share & Forecast 11.3.2.2.1. By Product 11.3.2.2.2. By Component 11.3.2.2.3. By Delivery Mode 11.3.2.2.4. By End User UAE Laboratory Information System Market Outlook 11.3.3. 11.3.3.1. Market Size & Forecast By Value 11.3.3.1.1. 14

  15. Table of Contents S. No. Contents Page No. 11.3.3.2. Market Share & Forecast 11.3.3.2.1. By Product 11.3.3.2.2. By Component 11.3.3.2.3. By Delivery Mode 11.3.3.2.4. By End User 12. Market Dynamics 12.1. Drivers 12.2. Challenges 13. Market Trends & Developments 14. Competitive Landscape 14.1. Competition Outlook 14.2. Company Profiles 14.2.1. Company Details 14.2.2. Financials (As Reported) 14.2.3. SWOT Analysis 14.2.4. Key Market Focus and Geographical Presence 14.2.5. Planned Investments 14.2.1. Market Positioning 14.3. Leading Players Profiled 15. Strategic Recommendations 16. About Us & Disclaimer 15

  16. RESEARCH METHODOLOGY RESEARCH METHODOLOGY

  17. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the global laboratory information system market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global laboratory information systemmarket. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 17

  18. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global laboratory information system market. The team has analyzed the outlook of various segments of this market, while considering the the major influencing factors such as growing population base suffering from chronic disorders. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global laboratory information system market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive • secondary research and primary surveys, with various key opinion leaders/stakeholders, such as laboratory information system companies, channel partners, market influencers & end-users, industry experts, and other industry participants. The team interviewed more than 15 – 20 laboratory information system companies, 100 – 120 end-users, and 15 – 20 industry experts and other • value chain stakeholders in the global laboratory information system market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019. 18

  19. Research Methodology Respondents were asked about the current and future market growth rates, market shares by product, by component, by delivery mode, by end • user, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market share by product, by component, by delivery mode, by end user, by company and by region were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of laboratory information system markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global laboratory • information system market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 19

  20. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources LabVantage Abbott Laboratories LabWare McKesson Corporation Thermo Fisher Scientific LabLynx Computing Solutions Labworks LLC Siemens Dassault Systemes Orchard Software Corporation Sunquest Information Systems Inc. Cerner Corporation Computer Programs and Systems, Inc. CompuGroup Medical AG Meditech Epic Systems Corporation Schuyler House LabHealth • World Bank ▪ • • TechSci Research Proprietary Database & Knowledge • ▪ • • Repository • • Company Annual Reports ▪ • • Industry Magazines ▪ • • Industry Reports ▪ • • • News Dailies ▪ • • Credible Paid Databases ▪ • • American Soft Solutions Corp. • 20

  21. Industry Brief According to TechSci Research report, “Global Laboratory Information System Market By Product (Standalone LIS, Integrated LIS), By Component (Services, Software), By Delivery Mode (On-Premises, Cloud-Based), By End-user (Hospital Labs, Independent Labs, Physician Office Laboratories, Others), By Region, Forecast & Opportunities, 2025”, global laboratory information system market is expected to witness robust CAGR during the forecast period. Growing requirement for laboratory automation is one of the major factors accounting for the growth of global laboratory information system market. Moreover, development of integrated laboratory information systems is expected to bode well for the growth of global laboratory information system market through the forecast period. In addition to this, rising support for disease treatment methods and research by the governments across various economies is also anticipated to fuel the demand for associated technologies and solutions, thereby positively influencing the growth of global laboratory information system market. Also, laboratory information systems offers several benefits such delivering fast and accurate subtyping for diseases, decrease redundancy and costs, providing quick access to cancer data, and facilitating data collection and then integrating it through various types of instruments and systems, thereby fueling the growth of this market. However, there are certain factors that might hamper the growth of global laboratory information system market over the coming years such as high maintenance and service costs associated with laboratory information systems. Global laboratory information system market can be segmented based on product, component, delivery mode, end user, company, and region. Considering the component, the market is fragmented into services and software. The services segment dominated the global laboratory information system market in terms of largest market share until 2019 and is further anticipated to maintain its dominance during the forecast period as well, which can be accredited to their indispensable nature as well as repetitive requirement. Moreover, the end users depend on service providers for consulting, implementing services, data storage, maintenance, training, and regular upgrades of solutions, which is further anticipated to boost the segmental growth over the coming years. In terms of end user, the market is categorized into hospital labs, independent labs, physician office laboratories, others. Out of these, the hospital labs segment is forecast to grow at a high CAGR in the years to come, owing to increasing adoption of laboratory information systems in hospitals for reducing the waiting time for patients and improve the overall quality of diagnostics. LabVantage, Abbott Laboratories, LabWare, McKesson Corporation, Thermo Fisher Scientific, LabLyn, Computing Solutions, Labworks LLC, Siemens, Dassault Systemes, Orchard Software Corporation, Sunquest Information Systems Inc., Cerner Corporation, Computer Programs and Systems, Inc., CompuGroup Medical AG, Meditech, Epic Systems Corporation, Schuyler House, LabHealth, American Soft Solutions Corp are among others are the leading players operating in global laboratory information system market. The players are adopting several growth strategies to enhance the market scenario of laboratory information system. Other competitive strategies include product launches; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diversify their product portfolio to strengthen their market position. “North America is forecast to dominate the global laboratory information system market during the next five years on account of presence of several major players in the United States. Furthermore, increased reimbursements for pathology procedures is also contributing to the growing trend. Additionally, growing cases of cancer in the region are further anticipated to fuel the market over the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 21

  22. Sample Data - Snapshot Global Laboratory Information System Market Size, By Value (USD Million), 2015-2025F 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 CAGR By Value XX% CAGR By Value YY% 2015 2019 2020E 2025F By Value (USD Million) North America Laboratory Information System Market Share, By Product, By Value, 2015–2025F Standalone LIS Integrated LIS 50% 50% 2025F 50% 50% 2024F 50% 50% 2023F 50% 50% 2022F 50% 50% 2021F 50% 50% 2020E 50% 50% 2019 50% 50% 2018 50% 50% 2017 50% 50% 2016 50% 50% 2015 United States Laboratory Information System Market Share, By Component, By Value, 2015–2025F Services Software 50% 50% 2025F 50% 50% 2024F 50% 50% 2023F 50% 50% 2022F 50% 50% 2021F 50% 50% 2020E 50% 50% 2019 50% 50% 2018 50% 50% 2017 50% 50% 2016 50% 50% 2015 22

  23. Report Ordering Report Name: GLOBAL LABORATORY INFORMATION SYSTEM MARKET FORECAST & OPPORTUNITIES 2015 – 2025 License Type Price Single User License $4450 Multi-User License $5450 Custom Research License $9450 To View Sample OR Purchase Report 23

  24. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business Modes that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting Modes use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ Mode of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Global Self-monitoring Blood Glucose Market By Type (Type 1, Type 2, Hyperglycemia ,Hypoglycemia), By Frequency (One, Four, Others), By Product (Glucometer, Software, Test Strips, Lancet), By End-User (Hospital, Personal Care), By Region, Forecast & Opportunities, 2025 • Global Infectious Disease Testing Market By Product & Service (Assays, Kits, & Reagents; Instruments; Services & Software), By Technology (Immunodiagnostics, Clinical Microbiology, Polymerase Chain Reaction, Others), By Disease (Hepatitis, HIV, HAIS, HPV, TB, Influenza, Glandular fever, Coronavirus, Others), By End User (Hospital/Clinical Laboratories, Reference Laboratories, Physician Offices, Academic/Research Institutes, Other), By Region, Forecast & Opportunities, 2025 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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