Market Overview:
The global laboratory information management system (LIMS) software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LIMS software from enterprises and schools across the globe. Additionally, the growing trend of cloud-based LIMS is also contributing to the growth of this market. However, lack of awareness about LIMS among end users is restraining the growth of this market. On Cloud segment held a major share in terms of revenue in 2017 and it is expected to grow at a CAGR of 11% during 2018-2030 owing to its benefits such as scalability, flexibility and low cost.
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Product Definition:
Laboratory Information Management Systems (LIMS) are software that manage and track the laboratory workflow and data. They provide a secure central repository for all laboratory information, from test results to instrument readings. LIMS can automate many tasks in the lab, such as specimen tracking, result reporting, and inventory management. They also help ensure compliance with regulatory requirements.
On Cloud:
On cloud is a term used to define software-as-a-service model that provides LIMS on the internet. It's an online system which can be accessed from any part of the world through web browser. The data stored in on cloud services are called as “in the cloud” and it’s not stored locally, so there is no need for user to have a local network drive or physical access to server for using these services.
On Premise:
On premise is a term used for computer systems or software installed and used on the same machine where the data is generated. It can also be referred to as in house, on site, or at site. In LIMS it refers to managing information within an organization that generates and uses laboratory data such as sample tracking information, process monitoring information etc.
Application Insights:
The enterprises segment dominated the global laboratory information management system (LIMS) software market in 2017. This can be attributed to factors such as large number of users, increasing need for managing complex data and growing demand for advanced technology solutions that enable organizations to improve their productivity. The segment is expected to register a significant CAGR over the forecast period owing to rising adoption of LIMS by companies across various industry verticals including life sciences, physical sciences and engineering, etc. LIMS helps in tracking inventory efficiently and improves overall business operations by enabling efficient collaboration among employees while handling multiple projects or tasks at hand. It also helps enhance customer service quality by maintaining track of product/service availability across all departments within an organization thereby driving its adoption among enterprises globally.
Regional Analysis:
North America accounted for the largest market share in 2017. The presence of a large number of LIMS providers and adoption of advanced technologies are some factors driving the regional market growth. For instance, in August 2018, Quest Medical Information Inc., a U.S.-based company announced that it had acquired HealthLoop LLC, an Illinois-based health information technology company to enhance its cloud-based EHR platform and analytics services for physicians.
Asia Pacific is expected to be the fastest growing region over the forecast period owing to increasing demand from small & medium enterprises (SMEs). SMEs account for more than 60% of all businesses in Asia Pacific thus making them key users of laboratory information systems software’s within this region.
Growth Factors:
- Increasing demand for laboratory information management system (LIMS) software from biotechnology and pharmaceutical companies to manage their growing laboratories.
- The increasing use of LIMS software in academic research laboratories to manage and track the progress of research projects.
- The increasing demand for LIMS software from forensic laboratories to automate their workflows and improve data tracking capabilities.
- The growing popularity of cloud-based LIMS solutions, which offer greater flexibility and scalability than traditional on-premise solutions.
- The increasing use of mobile devices in laboratory settings, which has led to the development of mobile-friendly LIMS solutions that allow researchers to access data and lab results while on the go
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Information Management System (LIMS) Software Market Research Report
By Type
On Cloud, On Premise
By Application
Enterprises, Schools
By Companies
AgileBio, FindMolecule, Next-Step, Abbott Informatics, CloudLIMS, Sunquest Information Systems, Bio-ITech, Novatek International, NetLims, Pillar Science, Cleriant Labs, Fink & Partner, Agilent Technologies, Illumina, Broughton Software, RURO, BITLogix, Quartzy, LabWare, SLCLAB, Autoscribe LIMS, Benchling, MilliporeSigma, Core Informatics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Information Management System (LIMS) Software Market Report Segments:
The global Laboratory Information Management System (LIMS) Software market is segmented on the basis of:
Types
On Cloud, On Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Enterprises, Schools
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AgileBio
- FindMolecule
- Next-Step
- Abbott Informatics
- CloudLIMS
- Sunquest Information Systems
- Bio-ITech
- Novatek International
- NetLims
- Pillar Science
- Cleriant Labs
- Fink & Partner
- Agilent Technologies
- Illumina
- Broughton Software
- RURO
- BITLogix
- Quartzy
- LabWare
- SLCLAB
- Autoscribe LIMS
- Benchling
- MilliporeSigma
- Core Informatics
 Software Market Overview.svg)
Highlights of The Laboratory Information Management System (LIMS) Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On Cloud
- On Premise
- By Application:
- Enterprises
- Schools
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laboratory Information Management System (LIMS) Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A LIMS software is a computer program that helps scientists and researchers manage their laboratory data. It can help them track the progress of experiments, keep track of research findings, and make sure that data is properly archived.
Some of the key players operating in the laboratory information management system (lims) software market are AgileBio, FindMolecule, Next-Step, Abbott Informatics, CloudLIMS, Sunquest Information Systems, Bio-ITech, Novatek International, NetLims, Pillar Science, Cleriant Labs, Fink & Partner, Agilent Technologies, Illumina, Broughton Software, RURO, BITLogix, Quartzy, LabWare, SLCLAB, Autoscribe LIMS, Benchling, MilliporeSigma, Core Informatics.
The laboratory information management system (lims) software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Information Management System (LIMS) Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laboratory Information Management System (LIMS) Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Information Management System (LIMS) Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laboratory Information Management System (LIMS) Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laboratory Information Management System (LIMS) Software Market Size & Forecast, 2018-2028
4.5.1 Laboratory Information Management System (LIMS) Software Market Size and Y-o-Y Growth
4.5.2 Laboratory Information Management System (LIMS) Software Market Absolute $ Opportunity
Chapter 5 Global Laboratory Information Management System (LIMS) Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laboratory Information Management System (LIMS) Software Market Size Forecast by Type
5.2.1 On Cloud
5.2.2 On Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory Information Management System (LIMS) Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laboratory Information Management System (LIMS) Software Market Size Forecast by Applications
6.2.1 Enterprises
6.2.2 Schools
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Information Management System (LIMS) Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laboratory Information Management System (LIMS) Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laboratory Information Management System (LIMS) Software Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory Information Management System (LIMS) Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laboratory Information Management System (LIMS) Software Market Size Forecast by Type
9.6.1 On Cloud
9.6.2 On Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laboratory Information Management System (LIMS) Software Market Size Forecast by Applications
9.10.1 Enterprises
9.10.2 Schools
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laboratory Information Management System (LIMS) Software Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory Information Management System (LIMS) Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laboratory Information Management System (LIMS) Software Market Size Forecast by Type
10.6.1 On Cloud
10.6.2 On Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laboratory Information Management System (LIMS) Software Market Size Forecast by Applications
10.10.1 Enterprises
10.10.2 Schools
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laboratory Information Management System (LIMS) Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory Information Management System (LIMS) Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laboratory Information Management System (LIMS) Software Market Size Forecast by Type
11.6.1 On Cloud
11.6.2 On Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laboratory Information Management System (LIMS) Software Market Size Forecast by Applications
11.10.1 Enterprises
11.10.2 Schools
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laboratory Information Management System (LIMS) Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory Information Management System (LIMS) Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laboratory Information Management System (LIMS) Software Market Size Forecast by Type
12.6.1 On Cloud
12.6.2 On Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laboratory Information Management System (LIMS) Software Market Size Forecast by Applications
12.10.1 Enterprises
12.10.2 Schools
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laboratory Information Management System (LIMS) Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory Information Management System (LIMS) Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laboratory Information Management System (LIMS) Software Market Size Forecast by Type
13.6.1 On Cloud
13.6.2 On Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laboratory Information Management System (LIMS) Software Market Size Forecast by Applications
13.10.1 Enterprises
13.10.2 Schools
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laboratory Information Management System (LIMS) Software Market: Competitive Dashboard
14.2 Global Laboratory Information Management System (LIMS) Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AgileBio
14.3.2 FindMolecule
14.3.3 Next-Step
14.3.4 Abbott Informatics
14.3.5 CloudLIMS
14.3.6 Sunquest Information Systems
14.3.7 Bio-ITech
14.3.8 Novatek International
14.3.9 NetLims
14.3.10 Pillar Science
14.3.11 Cleriant Labs
14.3.12 Fink & Partner
14.3.13 Agilent Technologies
14.3.14 Illumina
14.3.15 Broughton Software
14.3.16 RURO
14.3.17 BITLogix
14.3.18 Quartzy
14.3.19 LabWare
14.3.20 SLCLAB
14.3.21 Autoscribe LIMS
14.3.22 Benchling
14.3.23 MilliporeSigma
14.3.24 Core Informatics
