Laboratory Information Management System LIMS Market 2019-2024
A Laboratory Information Management System LIMS is a software-based laboratory and information management system that offers a set of key features that support a modern laboratory’s operations. Key features include workflow and data tracking support, flexible architecture, and smart data exchange interfaces and more. The features and uses of a LIMS have evolved over the years from simple sample tracking to an enterprise resource planning tool that manages multiple aspects of laboratory informatics. The LIMS is an evolving concept, with new features and functionality being added often. In this report, the software and service are both counted.
The global revenue of Laboratory Information Management System LIMS market was valued at USD 531.83 million in 2015 and is expected to reach USD 562.2 million by 2016. USA took the largest global revenue share in Laboratory Information Management System LIMS market. The major chemical customers are Dow, DuPont, Eastman, DSM etc. The Asia Pacific region is expected to be the fastest growing market for Laboratory Information Management System LIMS services during the forecast period. In Asia/Pacific the Laboratory Information Management System LIMS Solutions market is expected to grow to 15%~20%, especially, in China and India. The Japan Laboratory Information Management System LIMS market sales revenue in 2015 is estimated at US $ 58.05 Million.
Thermo Fisher and LabWare captured the top two sales value share spots in the Japan Laboratory Information Management System LIMS market in 2015. Thermo Fisher dominated with 46.79% percent revenue share, followed by LabWare with 25.96 % percent revenue share.
The Laboratory Information Management System LIMS market is highly competitive, rapidly changing, and significantly affected by new product introductions and the market activities of other industry participants. Laboratory Information Management System LIMS providers face competition from the customers internal information technology departments as well as Laboratory Information Management System LIMS competitors. Laboratory Information Management System LIMS service providers much provide a value-added product that is easy to install and cost effective.
According to QYR, Healthcare Industries, Pharmaceutical and biotechnology industries, Biobanks/biorepositories, Contract Services Organizations CROs and CMOs and Environmental Testing Laboratories covered over 66 % of the Japan market share in 2015, and is projected to dominate the market over the estimated period. These sector is likely to rise at a CAGR of 6.72 % from 2016 to 2021.
Thermo Fisher is the Japan largest vendors accounted for 46.79 % of the industry revenue share in 2015. Other key players include LabWare, Abbott STARLIMS , NIPPON SimpLabo , and Labworks PerkinElmer among others.
According to this study, over the next five years the Laboratory Information Management System LIMS market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 94 million by 2024, from US$ 66 million in 2019. In particular, this report presents the global revenue market share of key companies in Laboratory Information Management System LIMS business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Laboratory Information Management System LIMS market by product type, application, key companies and key regions.
This study considers the Laboratory Information Management System 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.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Pharmaceutical and biotechnology industries
Contract Services Organizations CROs and CMOs
Academic research institutes
Petrochemical Refineries and Oil and Gas Industries
Food and Beverage and Agricultural Industries
Environmental Testing Laboratories
Metal and Mining Industries
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
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.
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.
To study and analyze the global Laboratory Information Management System 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 Laboratory Information Management System LIMS market by identifying its various subsegments.
Focuses on the key global Laboratory Information Management System 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 Laboratory Information Management System 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 Laboratory Information Management System 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.
Name: Jennifer Daniel
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