Market Research Insights

  San Francisco, 4 December 2024:  The Report  Laboratory Informatics Market  Size, Share & Trends Analysis Report By Product (LIMS, CDS), By Delivery Mode (Web Based, Cloud Based), By Component (Software, Services), By End Use, By Region, And Segment Forecasts, 2024 - 2030 The global laboratory informatics market size is anticipated to reach USD 5.21 billion by 2030, growing at a CAGR of 5.13% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising regulatory pressures to accelerate the adoption of Laboratory Information Management Systems (LIMS) among life sciences companies, aiding in compliance management and cost-effective workflow management needs are driving the market growth. The surge in LIMS usage by biobanks and the demand for integrated healthcare are primary growth drivers. Moreover, advancements in LIMS technology are set to further propel market expansion in the coming year. Data generated by laboratories has sign...

  San Francisco, 12 Apr 2022:  The Report  Laboratory Informatics Market  Size, Share & Trends Analysis Report By Product (LIMS, ELN, SDMS, LES, EDC & CDMS, CDS, ECM), By Delivery Mode, By Component, By End Use, By Region, And Segment Forecasts, 2022 - 2030 The global laboratory informatics market size is expected to reach USD 4.91 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.9% from 2022 to 2030. Increasing requirements for life sciences companies to comply with regulatory demands has further promoted the incorporation of Laboratory Information Management Systems (LIMS) as it helps professionals understand and fulfill complex regulatory obligations. Furthermore, demand for cost-efficient workflow management systems is anticipated to drive the market over the forecast period. The rising adoption of LIMS solutions by biobanks, coupled with the increasing demand for integr...