A laboratory information management system (LIMS) is a software system developed to support laboratory operations. This software system can track specimens and workflows, aggregate data for research or business intelligence purposes, and ensure laboratory operations are compliant with various standards and regulations.
Globally, the LIMS industry market is concentrated as the manufacturing technology of LIMS is relatively much more complicated than some high-tech equipment. Some enterprises are well-known for the wonderful performance of their LIMS and related services, like LabWare, Thermo Fisher, LabVantage Solutions, STARLIMS Corporation. At the same time, US are remarkable in the global LIMS industry because of their market share and technology status of LIMS.
Although the market competition of LIMS is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of LIMS and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
According to this study, over the next five years the LIMS market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 750 million by 2024, from US$ 530 million in 2019. In particular, this report presents the global revenue market share of key companies in LIMS business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of LIMS market by product type, application, key companies and key regions.
This study considers the LIMS value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3: and forecast to 2024 in section 10.7.
On-premise LIMS
Cloud-based LIMS
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 10.8.
Research and Development Lab
Analytical Services Lab
Manufacturing Lab
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
LabWare
Thermo Fisher
LabVantage Solutions
STARLIMS Corporation
PerkinElmer
Genologics
Promium
Core Informatics
LabLynx
Autoscribe Informatics
Khemia Software
LabLogic Systems
Computing Solutions
Novatek International
Chemware
CloudLIMS
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global LIMS market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of LIMS market by identifying its various subsegments.
Focuses on the key global LIMS players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LIMS with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of LIMS submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.