Laboratory Informatics Market Profits To Upswing With USD 6.20 billion by 2032

The global Laboratory Informatics market size was valued USD 3.78 billion in 2023 and is expected to rise to USD 6.20 billion by 2032 at a CAGR of 5.1%.

Apparently, growth of laboratory informatics market over assessment period can be credited to surge in requirement of lab automation, creation of integrated laboratory services, and growing requirement of regulations for making pharma & biotech firms adhere to standard protocols. Apart from this, technological innovations in medical equipment will drive business space. In addition to this, thriving telehealth industry will contribute sizably towards laboratory informatics market growth within next seven years. Additionally, a prominent increase in number of diabetics will chart a profitable roadmap for laboratory informatics market in years to come. Need for high clinical test efficacy and successful patient outcomes are likely to proliferate laboratory informatics industry expansion in forthcoming years.

Laboratory Information Management System Segment To Dominate Product Landscape By 2032

Growth of laboratory information management system segment over forecast timeframe can be ascribed to its ability in effectively managing sample flow related data for enhancing efficiency of lab functions. Furthermore, these systems are used in labs possessing recurring workflow such as quality control labs.

Pharmaceutical Firms Segment To Make Notable Contributions Towards Laboratory Informatics Market Share Over 2024-2032

Segmental growth over assessment period can be credited to massive demand for laboratory informatics in pharmaceutical firms. In addition to this, flourishing of pharma sector with outbreak of COVID-19 pandemic will contribute remarkably towards laboratory informatics market proceeds in the years ahead.

North American Laboratory Informatics Market To Hit Highest Peak Of Growth By 2032

The expansion of laboratory informatics industry in North America over assessment timeline can be credited to large-scale installation of laboratory information systems along with rise in rate of online literacy in countries such as Canada and the U.S. In addition to this, supportive government policies and easy access to best healthcare facilities in region will elicit expansion of laboratory informatics market in sub-continent in years to come.

Key players influencing market surge and profiled in study include Agilent Technologies, LabWare, Thermo Fisher Scientific, Inc., McKesson Corporation, LabLynx, Inc., LabVantage Solutions, Inc., Core Informatics, ID Business Solutions Limited, PerkinElmer, Inc., Waters Corporation, and Abbott Informatics.

Browse the full “Laboratory Informatics Market- By Product (Laboratory Information Management System, Enterprise Content Management, Laboratory Execution System, Chromatography Data System, Scientific Data Management System, Electronic Data Capture, Clinical Data Management Systems, And Electronic Lab Notebooks), By End-Use Industry (Contract Research Organization, Pharmaceutical Firms, Biotech Firms, Oil & Gas Industry, Farming, And Chemical Industry), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/laboratory-informatics-market

The global Laboratory Informatics Market is segmented as follows:

By Product

• Electronic Lab Notebooks
• Laboratory Information Management System
• Enterprise Content Management
• Laboratory Execution System
• Chromatography Data System
• Scientific Data Management System
• Electronic Data Capture
• Clinical Data Management Systems

By End-Use Industry

• Contract Research Organization
• Chemical Industry
• Pharmaceutical Firms
• Biotech Firms
• Oil & Gas Industry
• Farming

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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