Global Laboratory Informatics Strategic Analysis Report 2024: Market to Reach $6.2 Billion by 2030 – Growing Trend Towards Laboratory Automation Spurs Demand as Cloud Adoption Booms

DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Laboratory Informatics – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Laboratory Informatics Market to Reach $6.2 Billion by 2030

The global market for Laboratory Informatics estimated at US$3.3 Billion in the year 2022, is projected to reach a revised size of US$6.2 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030. Laboratory Information Management Systems (LIMS), one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the Electronic Lab Notebooks (ELN) segment is estimated at 7.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 10.7% CAGR

The Laboratory Informatics market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$683.2 Million by the year 2030 trailing a CAGR of 10.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

MARKET OVERVIEW

Pandemic Impact on Laboratory Informatics MarketOverwhelming COVID-19 Testing Volumes Elevate Demand for Laboratory Information SystemsTotal Number of COVID-19 Tests Conducted in Select Countries: As of October 17th, 2021Laboratory Informatics – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)An Introduction to Laboratory InformaticsTypes of Lab Informatics SolutionsGlobal Market Prospects & OutlookLIMS: A Major Category in the Laboratory Informatics MarketService Segment Leads Lab Informatics MarketCloud-based Laboratory Informatics Poised for High GrowthCompetition

MARKET TRENDS & DRIVERS

Growing Trend towards Laboratory Automation Spurs Demand for Laboratory InformaticsGlobal Lab Automation Market in US$ Billion for the Years 2020, 2022, 2024 and 2026Laboratory Informatics Market Gains Traction amidst Growing Need to Enhance Workflow Efficiencies and Reduce CostsDigital Transformation and Connected Laboratories to Benefit Informatics MarketCloud: A Key Aspect of Connected LabsOvercoming Challenges to a Fully Connected LaboratoryNoteworthy Trends in Laboratory Informatics MarketplaceUser-Centered DesignsConnectivity & InteroperabilityCost of AutomationLab of the FutureHealthcare Laboratory Informatics: Favorable Growth OutlookAdvanced Informatics Become Vital for Health LabsBurgeoning Population and Rising Incidence of Chronic Diseases: A Key Market Driver for Lab Informatics MarketFatalities by Heart Conditions – Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and OthersGlobal Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040Number of New Cancer Cases and Deaths (in Million) by Region for 2020World Diabetes and Population Statistics (2019, 2030 & 2045)World Diabetes Prevalence (2000-2019)Global HIV Prevalence: Number of People Living with AIDs (in Thousands) by Region for 2020Aging Global Population Presents Opportunities for Laboratory Informatics MarketGlobal Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030Rise in Healthcare Expenditure to Drive GrowthWorld Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021 & 2023Elderly Healthcare Expenditure as a % of GDP in the US, Europe and Japan for 1970, 2010 and 2050Lab Informatics Market to Benefit from the Increasing R&D Spending in Biotechnology and Pharmaceutical SectorsPharmaceutical R&D Spending Worldwide (USD Billion) for 2015-2025Increasing Popularity of Cloud-based Lab Informatics: A Market OpportunityCloud-based ELNs Address Challenges Facing LabsApplication of Augmented Reality (AR) to Support Evolution of Lab InformaticsAI and ML to Shape the Future Trends in Laboratory InformaticsAI Spending in Healthcare & Lifesciences in US$ Million for Years 2020 & 2025Technology Advancements in LIMS and ELNLab Informatics and Analytics Emerge as Key Tools in Modern-Day LabsLIMS Market Poised to Benefit from Digitization of LaboratoriesSignificant Advantages of LIMS for Laboratories Drive AdoptionDigitization of Healthcare Drives Integration of LISAccelerating Pace of Digital Pathology Increases LIMS AdoptionLIMS to Resolve Challenges Facing Biobanking ResearchNotable LIMS Trends Fuel Radical Changes in Most LaboratoriesRise in Consolidation of Healthcare Providers Creates Need for Robust and Comprehensive LISIncreasing Integration of Informatics Solutions in Life Science LaboratoriesInformatics Approaches to In Silico Drug DiscoveryBuilding Laboratory Informatics Capacity: Essential for Effective AMR SurveillanceLab Informatics Tool Helps Improve Food and Beverage Testing Lab CapabilitiesRising Prominence of Lab Informatics Tools for Environmental MonitoringGlobal Environmental Testing Market: Annual Sales in US$ Million by Geographic Region for the Years 2020 and 2027Challenges Facing Laboratory Informatics Market

FOCUS ON SELECT PLAYERS (Total 86 Featured)

A&T CorporationAmerican Soft Solutions Corporation (Prolis)Anju SoftwareAttune Technologies Pte., Ltd.CliniSys Group Ltd.3DHISTECH Ltd.Accelerated Technology Laboratories, Inc.Autoscribe InformaticsAgileBio SARLCirdan Imaging LtdBlaze Systems Corp.Hemasoft Software SLJusticeTraxCloudLIMSIndigo BioAutomation

For more information about this report visit https://www.researchandmarkets.com/r/5tvyrw

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