1. Market Research
  2. > Healthcare
  3. > Health Services Market Trends
U.S. Laboratory Informatics Market Analysis Report By Product By Delivery Mode By Component, by End Use And Segment Forecasts, 2018 - 2025

U.S. Laboratory Informatics Market Analysis Report By Product By Delivery Mode By Component, by End Use And Segment Forecasts, 2018 - 2025

  • August 2018
  • 100 pages
  • ID: 5568381
  • Format: PDF
  • By Grand View Research

Summary

Table of Contents

U.S. Laboratory Informatics Market Analysis Report By Product (LIMS, ELN, ECM) By Delivery Mode (Cloud Based, Web Hosted, On Premise) By Component, by End Use, And Segment Forecasts, 2018 - 2025

The U.S. laboratory informatics market size is expected to reach USD 1.45 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.9% during the forecast period. Rising demand for lab automation and information management activities owing to increasing amount of data generated by research laboratories is one of the primary growth stimulants for the market.

Laboratories are important to both research and manufacturing companies in the healthcare industry.A large amount of data is generated in these labs, which is impossible to capture, collect, store, and analyze manually.

This is creating insurmountable obstacles for data management processes and conventional documentation requirements, especially in regulated environments, such as the life sciences sector.

Most laboratories manage information by combining manual & automatic methods and process it by using independent non-integrated data-processing systems.Use of isolated systems in laboratories hamper timely data transfer across information management systems, leading to unexpected delays and additional costs.

Additionally, manual transfer methods increase likelihood of errors/loss leading to added QA controls and high number of manual transcription steps result in decreased efficiency and longer throughput time.

Seamless flow of information from raw data to reusable knowledge is managed by a combination of various informatics systems. In a laboratory, deployment of these informatics systems is highly dependent on environment (such as discovery, development, or manufacturing) and scientific domain (such as biology, chemistry, among others).

Application of an informatics system in drug discovery is different from how it is used in clinical and manufacturing domains.Overall focus of laboratory informatics is efficiency improvement with respect to paperless information management, regulatory compliance, information quality, and labor cost.

The aforementioned benefits are expected to augment the market over the forecast period.

Further key findings from the study suggest:
• The LIMS segment held the substantial share of approximately 42.0% based on product in 2017, owing to rising adoption of LIMS solutions by biobanks coupled with increasing demand for integrated healthcare solutions
• The cloud-based solutions segment is expected to register a CAGR of 5.5% over the forecast period owing to advantages over on premise and web-based solutions
• Services held the largest share in the market on the basis of component in 2017 due to increasing trend of outsourcing by life science companies
• On the basis of end use, the life science segment was the leading revenue contributor in the market in 2017 owing to rising adoption of laboratory informatics systems
• CROs are expected to exhibit a CAGR of 5.6% over the forecast period owing to growing number of CROs.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Diabetes Assays - Medical Devices Pipeline Assessment, 2019

Diabetes Assays - Medical Devices Pipeline Assessment, 2019

  • $ 4000
  • November 2019

Diabetes Assays - Medical Devices Pipeline Assessment, 2019SummaryMedical Devices sector report, “Diabetes Assays - Medical Devices Pipeline Assessment, 2019" provides an overview of Diabetes Assays ...

Global Genomics Partnering Terms and Agreements 2014 to 2019

Global Genomics Partnering Terms and Agreements 2014 to 2019

  • $ 2995
  • December 2019

The Global Genomics Partnering Terms and Agreements 2014 to 2019 report provides an understanding and access to the Genomics partnering deals and agreements entered into by the worlds leading healthcare ...

Bone Metabolism Assays - Medical Devices Pipeline Assessment, 2019

Bone Metabolism Assays - Medical Devices Pipeline Assessment, 2019

  • $ 2500
  • November 2019

Bone Metabolism Assays - Medical Devices Pipeline Assessment, 2019SummaryMedical Devices sector report, “Bone Metabolism Assays - Medical Devices Pipeline Assessment, 2019" provides an overview of Bone ...


ref:plp2018

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on