Laboratory Informatics Market Size Is Anticipated To Reach USD 5.21 Billion By 2030
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...