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China Laboratory Informatics Market Research Report: Forecast (2021-2026)

The China Laboratory Informatics Market is anticipated to grow at a CAGR of more than 10% during the forecast period, i.e., 2021-26, <br>

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China Laboratory Informatics Market Research Report: Forecast (2021-2026)

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  1. marknteladvisors.com China Laboratory Informatics Market Analysis, 2020

  2. Historical Year: 2015 Base Year: 2019 Table of Content (1/4) Forecast Year: 2025 Table of Content 1. Introduction 8 1.1. Research Process 11 1.2. Product Definition 12 1.3. Acronyms 13 1.4. Market Segmentation 14 2. Executive Summary 16 3. Experts Verbatim- What our Experts Say? 19 4. China Laboratory Informatics Market Analysis, 2015-2025F 4.1. Market Size & Analysis 20 4.1.1. By Revenues 4.2. Market Share & Analysis 22 4.2.1. By Product 4.2.1.1. Electronic Lab Notebooks (ELN) 4.2.1.2. Laboratory Information Management Systems (LIMS) 4.2.1.3. Chromatography Data Systems (CDS) 4.2.1.4. Electronic Data Capture (EDC) & Clinical Data Management Systems 4.2.1.5. Laboratory Execution Systems (LES) 4.2.1.6. Enterprise Content Management Systems (ECM) 4.2.1.7. Scientific Data Management Systems 24 4.2.2. By Components 2 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  3. Historical Year: 2015 Base Year: 2019 Table of Content (2/4) Forecast Year: 2025 Table of Content 4.2.2.1. Services 4.2.2.2. Software 26 4.2.3. By Industry 4.2.3.1. Pharma & Biotechnology 4.2.3.2. Biobanks & Bio Repositories 4.2.3.3. Molecular Diagnostics & Clinical Research Labs 4.2.3.4. Contract Service Organizations 4.2.3.5. Academia 25 4.2.4. By Deployment Model 4.2.4.1. Remote Hosting 4.2.4.2. On-Premise Models 4.2.4.3. Cloud- Based Models 4.2.5. By Company 32 4.2.5.1. Revenue Shares 33 4.2.5.2. Strategic Factorial Indexing 34 4.2.5.3. Competitor Placement in MarkNtel Quadrant 36 5. China Laboratory Informatics Market Policies, Regulations, Product Standards 38 41 43 6. ChinaLaboratory Informatics Market Trends & Insights 7. China Laboratory Informatics Market Dynamics 7.1. Growth Drivers 3 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  4. Historical Year: 2015 Base Year: 2019 Table of Content (3/4) Forecast Year: 2025 Table of Content 44 7.2. Challenges 42 7.3. Impact Analysis 45 8. China Laboratory Informatics Market Hotspot & Opportunities 48 9. ChinaLaboratory Informatics Market Key Strategic Imperatives for Success & Growth 50 10. China Competition Outlook 10.1. CompetitionMatrix 10.1.1. Product Portfolio 10.1.2. Brand Specialization 10.1.3. Target Markets 10.1.4. Target Industry’s 10.1.5. Research & Development 10.1.6. Strategic Alliances 10.1.7. Strategic Initiatives 54 10.2. Company Profiles 55 10.2.1. Beijing-Agilent Technologies 56 10.2.2. Beijing LabWare Sci & Tech Co., Ltd. 57 10.2.3. ThermoFisher Scientific 58 59 60 10.2.4. LabVantage 10.2.5. LabLynx 10.2.6. Autoscribe 4 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  5. Historical Year: 2015 Base Year: 2019 Table of Content (4/4) Forecast Year: 2025 Table of Content 61 10.2.7. Abbott Informatics 62 10.2.8. Perkin Elmer 63 10. Disclaimer 5 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  6. Acronyms Acronyms Full Form ELN Electronic Lab Notebooks LIMS Laboratory Information Management Systems CDS Chromatography Data Systems EDC & CDMS Electronic Data Capture (EDC) & Clinical Data Management Systems LES Laboratory Execution Systems ECMS Enterprise Content Management Systems SDMS Scientific Data Management Systems The UK The United Kingdom 6 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  7. Market Segmentation China Laboratory Informatics Market Segmentation By Product By Components By Company By Application By Deployment • Pharma & Biotechnology • Agilent • Electronic Lab Notebooks • Services • On-Premise Models Technologies (ELN) • Biobanks & Bio • Software • Cloud- Based Repositories • LabWare • Laboratory Information Models Management Systems (LIMS) • Molecular Diagnostics & • ThermoFisher Clinical Research Labs Scientific • Chromatography Data Systems (CDS) • Contract Service • LabVantage Organizations • Electronic Data Capture (EDC) • LabLynx & Clinical Data Management • Academia • Autoscribe Systems • Abbott Informatics • Laboratory Execution Systems • Perkin Elmer (LES) • Enterprise Content Management Systems (ECM) • Scientific Data Management Systems 7 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  8. 2 Executive Summary Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  9. Executive Summary China Lab Informatics Market Size (USD Million) The Chinese laboratory informatics market was in its embryonic • stage in 2019 XX Rising Investments in Creation of Healthcare Infrastructure such as • XX XX 55.44 Specialized Hospitals & care Centers, Expansion of Chemicals industry, etc. to boost the local lab informatics market 2015 2019 2020E 2025F LIMS Dominated the Market in 2019 (Market Share) Around 90% of the utilization of LIMS was limited to the pharma and • biotech sector of the country. The penetration of LIMS in other industry verticals is expected to • XX% LIMS remain dormant due to budget constraints, perceived complexity in installation and integration with the existing architecture 8 Competitors Had Half of the Market Share, ThermoFisher, Perkin Elmer, Waters, LabWare, LabVantage, Autoscribe, • Abbott, Agilent, dominated the Chinese lab informatics market 8 XX% Companies operates through a local channel partner to expand their • Players presence in China 9 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  10. 4 China Laboratory Informatics Market Outlook, 2015-2025F Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  11. China Laboratory Informatics Market Outlook, By Revenues Figure 1: China Laboratory Informatics Market Revenues (USD Million) & Unit Sold (Thousands), 2015- 2025F CAGR: XX% CAGR: XX% XX XX XX XX XX XX XX XX XX XX 55.44 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Source: MarkNtel Advisors • The Chinese laboratory informatics market was in its embryonic stage in 2019. The market is majorly driven by the healthcare and life sciences institutions, while the penetration in other industries such as chemicals, petrochemicals, food and beverages, environmental testing, etc. remains infinitesimal with minute scope for adoption in the near future as well. It has been found that the adoption of laboratory informatics is restricted to premier healthcare & life sciences institutions in China. Moreover, an IT integration in specialty care centers has been rising due to the rise in private investments, focusing on improving operational efficiency by accessing real-time data inputs. • During 2017-19, the country’s healthcare institutions received investments of around USDXX bn. A considerable amount was allocated towards establishing informatics, data analysis, AI and other disruptive solutions. The government has also been emerging as a key stakeholder in the healthcare market as the limitation on the opening of general clinics, third-party medical institutions are removed. These developments are set to boost the adoption of laboratory informatics market in the forthcoming years in China. 11 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  12. China Laboratory Informatics Market Revenue Share, By Revenues Figure 2: China Total Healthcare Institutions, 2015-2019 XX XX XX XX XX 2015 2016 2017 2018 2019 *Healthcare institutes includes all the hospitals, clinics, specialized treatment centers, test labs, providing medical services to individuals in China Source: National Bureau of Statistics, China Figure 3: China Specialized Healthcare Institutions, By Type, 2015-2019 XX XX 31,927 XX XX 27,587 XX XX XX XX XX XX XX XX 6,023 2015 2016 2017 2018 2019 Total Hospitals Specialized Hospitals Specialized Public Health Institutions Source: National Bureau of Statistics, China 12 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  13. China Laboratory Informatics Market Revenue Share, By Product Types Figure 4: China Laboratory Informatics Market Revenue Share, By Product Types, 2019 & 2025F XX% XX% XX% XX% LIMS SDMS XX% XX% XX% CDS ELN XX% XX% XX% XX% XX% EDC & CDMS ECM XX% XX% LES Source: MarkNtel Advisors • Laboratory Information Management Systems (LIMS): The Chinese laboratory informatics market was majorly dominated by the laboratory information management systems in 2019. Around XX% of the utilization of LIMS was limited to the pharma and biotech sector of the country. The penetration of LIMS in other industry verticals is expected to remain dormant due to budget constraints, perceived complexity in installation and integration with the existing architecture. • The customer expectations from LIMS providers in China include extremely high user-friendly and easy configurability, flexibility to meet the tailored requirements, multi-laboratory and location management, unlimited number of screen creation, quick dashboard creation, etc. While the storage of research data for compliance and validating purpose remains the prime purpose of adoption of LIMS. • The country possess the massive potential for LIMS, yet remains a challenging geography for the lab informatics providers owing to data storage regulations, language barriers and rising need for customization. 13 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  14. China Laboratory Informatics Market Revenue Share, By Product Types Table 1: China Laboratory Informatics Market, By Types, By Revenues (USD Million), 2019 - 2025F CAGR 2015-19 CAGR 2020-25 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025 ELN 2.13 XX XX XX XX XX XX XX XX XX XX XX XX LIMS 29.91 XX XX XX XX XX XX XX XX XX XX XX XX CDS 8.29 XX XX XX XX XX XX XX XX XX XX XX XX EDC &CDMS 2.82 XX XX XX XX XX XX XX XX XX XX XX XX LES 1.38 XX XX XX XX XX XX XX XX XX XX XX XX ECM 3.17 XX XX XX XX XX XX XX XX XX XX XX XX SDMS 7.74 XX XX XX XX XX XX XX XX XX XX XX XX Source: MarkNtel Advisors • Scientific Data Management Systems (SDMS): The deployment of Scientific Data management Systems in China has been witnessing an uptick on account of rising demand for automatic file processing, automation of the approval methodology of key SOPs, creating a customized workflow in addition to ensuring regulatory compliances. Pharmaceutical firms were the key end-users of SDMS in 2019 and it is expectedthat pharma companies would continue to be the hotspotfor such solutions in the forthcoming years. • Chromatography Data Management Systems (CDS): CDS systems in China are witnessing an uptrend as the end-users are progressively integrating chromatography equipment. The demand for a networked system that controls multiple instruments in one or more labs. Evolving medical device compliances are further catalyzing the sales of CDS in China. 14 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  15. China Laboratory Informatics Market Revenue Share, By Component Figure 5: China Laboratory Informatics Market Revenue Share, By Component, 2019 & 2025F (Percentage) XX% XX% 2019 2025F XX% XX% Services Software Source: MarkNtel Advisors Table 2: China Laboratory Informatics Market, By Component, By Revenues (USD Million), 2019 & 2025F CAGR 2015-19 CAGR 2020-25 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025 Services 13.47 XX XX XX XX XX XX XX XX XX XX XX XX Software 41.96 XX XX XX XX XX XX XX XX XX XX XX XX Source: MarkNtel Advisors 15 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  16. China Laboratory Informatics Market Revenue Share, By Deployment Model Figure 6: China Laboratory Informatics Market Revenue Share, By Deployment Model, 2019 - 2025F 64.40% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% 35.60% 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F On-Premise Cloud Based Source: MarkNtel Advisors Table 3: China Laboratory Informatics Market, By Deployment Model, By Revenues (USD Million), 2019 & 2025F CAGR 2015-19 CAGR 2020-25 2015F 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 35.70 XX XX XX XX XX XX XX XX XX XX XX XX On-Premise 19.74 XX XX XX XX XX XX XX XX XX XX XX XX Cloud Source: MarkNtel Advisors *These are dummy charts and do not represent actual value 16 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  17. China Laboratory Informatics Market Revenue Share, By End User Figure 7: China Laboratory Informatics Market Revenue Share, By End User, 2019 & 2025F • Most Potential Areas Pharmaceutical and Biotechnology • 88% of CRO in China are into healthcare, life sciences and pharmaceuticals 2019 2025 XX% XX% CRO Others 2019 2025 2019 2025 XX% XX% XX% XX% 2019: USD XX Million Environment Testing Labs Chemicals 2019 2025 2019 2025 XX% XX% XX% XX% Others: Petrochemicals, Food Testing Source: MarkNtel Advisors 17 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  18. China Laboratory Informatics Market Revenue Share, By End Users Figure 8: China Laboratory Informatics in Pharmaceuticals & Bio-Technology Market Revenues (USD Million), 2015- 2025F CAGR: XX% CAGR: XX% XX XX XX XX XX XX XX XX XX XX XX 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F Source: MarkNtel Advisors 2025F • China is the amongst few of the largest healthcare market in the world due to the massive demography, aging population, frequent epidemics, etc. The country is also a pharmaceutical and biotech powerhouse with an annual output above USDXX bn in 2019, which is projected to exceed USDXX bn by 2022. Favorable government policies, lower research and development cost, and technological innovations have the key drivers for the pharma and biotech market in China. • With the integration of technology towards cost-cutting and driving innovation, the laboratory informatics installation is soaring in the pharmaceuticals and biotechnology centers of China. Apart from using LIMS, and SDMS, the adoption of ELN is on the rise as the companies are progressively looking to use the information from diverse sources and IPR to be combined with in house findings on the ELN, implying chemical compounds, related physical and pharmacological properties, and synthesize information to be integrated at the appropriate point in the workflow. The usage of LIMS is also getting traction among the Chinese pharma manufacturers for resource management, forecast fewer sample volume and resource needs, identify process failures, etc. 18 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  19. China Laboratory Informatics Market Revenue Share, By End Users • Biobanking and biorepositories have been registering an explosive growth in China, with a chain of biobanks and repositories seeing the daylight during 2010-19. In 2019, the country established the world’s largest and most modern biobank China National GeneBank (CNGB), approvedand funded by the Chinese government to a cost of over USD1 billion. • During 2010-19, several biobanks across the country have emerged while numerous have strengthened their operations including China Kadoorie Biobank, Shanghai Zhangjiang Biobank, etc. Besides, several hospitals, specialty care centers have been establishing biobanks to explore the growing market potential. The growing deployment of laboratory informatics in biobanks in China has been attributed to its ability to manage the entire lifecycle of samples and their data. • The healthcare and life sciences institutes in the country are increasingly exploring the Lab Informatics software meeting the regulatory guidelines with the purpose of traceability of biospecimens from reception to shipment, genealogy of samples, interoperability with the capabilities to integrate with EMR/ EHR records, etc. Figure 9: China Laboratory Informatics in Contract Research Organizations (CRO) Market Revenues (USD Million), 2015- 2025F CAGR: XX% CAGR: XX% XX XX XX XX XX XX XX XX XX XX 9.67 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Source: MarkNtel Advisors 19 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  20. China Laboratory Informatics Market Revenue Share, By End Users Figure 10: China Laboratory Informatics in Chemicals Market Revenues (USD Million), 2015- 2025F CAGR: XX% CAGR: XX% XX XX XX XX XX XX XX XX XX XX 14.36 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Source: MarkNtel Advisors • China is the chemical manufacturing hub of the world. The country amassed around 40% of the global chemical industry revenues in 2019. China’s chemical-R&D spending is now among the world’s leaders. The structure of China’s chemical-industry R&D has also changed, moving from one in which initiatives were under government direction to one primarily driven by individual companies within an ecosystem of collaboration with government research institutions and universities—and that has a strengthened regime to protect intellectual property. Therefore, the investments in research and development labs in the chemical industry of China are soaring. • The Chinese companies investing into research & development on green chemicals, specialty chemicals, etc. have been stimulating the adoption of lab informatics solutions. The manufacturers are increasingly deploying digital technologies to integrate cross functional collaboration among R&D, manufacturing, and sales functions, forecasting the future trends based on quantitative information. 20 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  21. China Laboratory Informatics Market Revenue Share, By End Users Figure 11: China Laboratory Informatics in Pharmaceuticals & Bio-Technology Market Revenues (USD Million), 2015- 2025F CAGR: XX% CAGR: XX% CAGR: XX% CAGR: XX% XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F Environment Testing Labs Others Source: MarkNtel Advisors • The country has been witnessing an influx of space and earth observation labs, soil testing labs, R&D in air quality monitoring, aerospace & defense, etc. Such labs are generating the fresh stimulus to the industry growth. The modernization of legacy IT infrastructure in the government research labs primarily in aerospace and defense, heavy machinery, etc., is exhibiting an uptick. These labs are more inclined towards deployment of LIMS and CDS. The traction towards ELN and LES remains feeble. • The other form of labs such as food testing, petrochemicals, etc., are slow in modernizing their exiting infrastructure in comparison to labs in other segments due to lower annual budget. 21 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  22. China Laboratory Informatics Market Revenue Share, By Company Table 4: China Laboratory Informatics Revenue Share, By Company, 2019 Name of the Company Revenue Share Sr. No 1 ThermofisherScientific XX 2 Perkin Elmer XX 3 Abbott Informatics XX 4 Agilent XX 5 Labware XX 6 LabVantage XX 7 Autoscribe XX 8 Waters XX 9 Others* XX Others include: Lablinks, NuJenesis,Siemens SA, Illumina, BT Limsetc. Source: MarkNtel Advisors 22 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  23. 9 China Laboratory Informatics Market Key Strategic Imperatives for Growth & Success Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  24. Key Strategic Imperatives for Success Tapping the Rising Potential for Electronic Lab Notebooks XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Need of Laboratory Informatics for Precision Medicine XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX. One Integrated Solution for Laboratories XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 24 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

  25. Disclaimer MarkNtel Advisors provides market specific information that is intended for key sets of customers which can be used for internal purposes, but not for general publication or disclosure to third parties. No part of the report can be, lent, resold or disclosed to non-customers without written permission. No part may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the permission of the publisher. The Market specific information is based on primary interviews and MarkNtel Advisors takes no responsibility for any incorrect information provided to us. MarkNtel Advisors would not +1 (613) 707-5086 be held responsible for any loss or damage caused due to the usage of such information and thus would not refund in sales@marknteladvisors.com any case the amount spent by the company in purchasing such information. 25 Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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