Market Overview:
The global laboratory information management systems (LIMS) market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LIMS in pharmaceutical, biotech, and chemical industries. Additionally, the growing adoption of LIMS by small and medium-sized laboratories 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 the basis of type, the global laboratory information management systems (LIMS) market can be segmented into software and services. The software segment dominates this market owing to its advantages such as low cost and easy implementation as compared to services. On the basis of application, this market can be segmented into pharmaceuticals, biotechs, chemicals agriculture oil & gas others).
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Product Definition:
A Laboratory Information Management System (LIMS) is a software application that enables the tracking of laboratory data and the management of laboratory processes. A LIMS can improve the efficiency and quality of laboratory operations by automating tasks, providing secure access to data, and facilitating collaboration among lab personnel.
Software:
Software is a collection of procedures, algorithms, programs and data structures that provide the necessary tools for carrying out a specific task or series of tasks. In laboratory information management systems (LIMS), software is used to store and retrieve information in an organized way. LIMS are used by laboratories to record their research activities such as sample preparation, assay plate preparation, liquid dispensing and other process-related activities along with storing the experimental results.
Services:
The services are used to deliver value-added benefits to the laboratory operations. They include data integration & conversion, LIMS reporting & analytics, data management, and others. The service segment is expected to grow at a lucrative rate during the forecast period owing to its increasing demand in laboratories for managing their information effectively and efficiently.
Application Insights:
The others application segment includes environmental, life sciences and physical sciences. The growth of this segment can be attributed to the increasing demand for laboratory information management systems in various applications across the globe. Laboratory information management systems are widely used in various industries such as pharmaceutical, biotechnology and chemical manufacturing among others.
Pharmaceuticals accounted for a revenue share of 23.1% in 2017 owing to factors such as an increase in number of drug discovery & development activities coupled with rising awareness about streamlining lab processes is driving the adoption of LIMS solutions across this industry sector over the forecast period.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing investments by companies and their need for efficient information management systems. Moreover, growing adoption of LIMS by healthcare organizations in this region is also contributing towards market growth.
Asia Pacific regional market is anticipated to witness significant growth during the forecast period due to rising demand from small & medium-sized enterprises (SMEs). These SMEs are focusing on adopting laboratory information management systems at a faster pace compared with large enterprises due to which there has been an increase in demand for these solutions among them. Furthermore, Asia Pacific LIMS providers association was formed with an aim toward promoting awareness about laboratory information services and developing partnerships between member laboratories and service providers across this region as well as worldwide thus contributing toward industry growth.
Growth Factors:
- Increasing demand for personalized medicines and companion diagnostics
- Proliferation of targeted therapies and immunotherapies
- Growing number of clinical trials and research studies
- Rising incidence of chronic diseases
- Stringent regulatory requirements
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Information Management Systems (LIMS) Market Research Report
By Type
Software, Services
By Application
Pharmaceutical, Biotech, Chemical, Agriculture, Oil & Gas, Others
By Companies
Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), LabVantage Solutions, Inc. (U.S.), Abbott Informatics (U.S.), Core Informatics, LLC (U.S.), LabLynx, Inc. (U.S.), Labworks, LLC (U.S.), GenoLogics (Canada), Computing Solutions, Inc. (U.S.), Autoscribe Informatics (U.K.)
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Information Management Systems (LIMS) Market Report Segments:
The global Laboratory Information Management Systems (LIMS) market is segmented on the basis of:
Types
Software, Services
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
Pharmaceutical, Biotech, Chemical, Agriculture, Oil & Gas, Others
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:
- Thermo Fisher Scientific, Inc. (U.S.)
- LabWare, Inc. (U.S.)
- LabVantage Solutions, Inc. (U.S.)
- Abbott Informatics (U.S.)
- Core Informatics, LLC (U.S.)
- LabLynx, Inc. (U.S.)
- Labworks, LLC (U.S.)
- GenoLogics (Canada)
- Computing Solutions, Inc. (U.S.)
- Autoscribe Informatics (U.K.)
 Market Overview.svg)
Highlights of The Laboratory Information Management Systems (LIMS) 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:
- Software
- Services
- By Application:
- Pharmaceutical
- Biotech
- Chemical
- Agriculture
- Oil & Gas
- Others
- 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 Systems (LIMS) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Laboratory Information Management Systems (LIMS) are computer systems that manage laboratory information. LIMS can include tools for tracking and managing research projects, data management, communication and collaboration tools, and reporting capabilities.
Some of the major players in the laboratory information management systems (lims) market are Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), LabVantage Solutions, Inc. (U.S.), Abbott Informatics (U.S.), Core Informatics, LLC (U.S.), LabLynx, Inc. (U.S.), Labworks, LLC (U.S.), GenoLogics (Canada), Computing Solutions, Inc. (U.S.), Autoscribe Informatics (U.K.).
The laboratory information management systems (lims) market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Information Management Systems (LIMS) 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 Systems (LIMS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Information Management Systems (LIMS) 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 Systems (LIMS) 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 Systems (LIMS) Market Size & Forecast, 2020-2028
4.5.1 Laboratory Information Management Systems (LIMS) Market Size and Y-o-Y Growth
4.5.2 Laboratory Information Management Systems (LIMS) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Biotech
6.2.3 Chemical
6.2.4 Agriculture
6.2.5 Oil & Gas
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Information Management Systems (LIMS) 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 Systems (LIMS) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
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 Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Biotech
9.10.3 Chemical
9.10.4 Agriculture
9.10.5 Oil & Gas
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
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 Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Biotech
10.10.3 Chemical
10.10.4 Agriculture
10.10.5 Oil & Gas
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
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 Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Biotech
11.10.3 Chemical
11.10.4 Agriculture
11.10.5 Oil & Gas
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
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 Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Biotech
12.10.3 Chemical
12.10.4 Agriculture
12.10.5 Oil & Gas
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
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) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Biotech
13.10.3 Chemical
13.10.4 Agriculture
13.10.5 Oil & Gas
13.10.6 Others
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 Systems (LIMS) Market: Competitive Dashboard
14.2 Global Laboratory Information Management Systems (LIMS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific, Inc. (U.S.)
14.3.2 LabWare, Inc. (U.S.)
14.3.3 LabVantage Solutions, Inc. (U.S.)
14.3.4 Abbott Informatics (U.S.)
14.3.5 Core Informatics, LLC (U.S.)
14.3.6 LabLynx, Inc. (U.S.)
14.3.7 Labworks, LLC (U.S.)
14.3.8 GenoLogics (Canada)
14.3.9 Computing Solutions, Inc. (U.S.)
14.3.10 Autoscribe Informatics (U.K.)
