The major drivers which help in surging the growth of LIS market include increasing need for integrated healthcare information system and tracking of data whereas high maintenance cost and service expense may act as a restraining factor for this market. Emergence of software as a service (SaaS) based LIS will add new opportunities for this market in the coming years.
A laboratory information system (LIS) is a software solution that handles all the receiving, processing, and storage of information which is generated by laboratories. This system is developed, customized and configured according to the needs of a laboratory and overall this software helps to increase productivity and improve turnaround time.
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Some of the key players influencing the market are LabWare, Inc., Thermo Fisher Scientific Inc., Labvantage Solutions, Inc., Core Informatics, LLC, Lablynx, Inc., Computing Solutions, Inc., Labworks LLC, Genologics, Inc., AAC Infotray AG and Abbott Informatics among others.
Laboratory Information System (LIS) Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.
The "Global Laboratory Information System Market Analysis to 2025" is a specialized and in-depth study of the laboratory information system industry with a focus on the global market trend. The report aims to provide an overview of global laboratory information system market with detailed market segmentation by product, component, deployment model, industry and geography. The global laboratory information system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Laboratory Information System (LIS) Market - Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
- This report provides a detailed study of Laboratory Information System (LIS) market trends and forecast from 2019 to 2025, which assist to identify the prevailing market opportunities.
- In-depth coverage of the global Retail market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
- This study further includes market share analysis in terms of type and applications.
- Detailed study of the strategies of key leaders, partnerships, and acquisitions in the Laboratory Information System (LIS) market is provided.
- Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
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