Harrisburg, NC -- (SBWire) -- 04/03/2019 --Global LIMS Market Size, Status and Forecast 2019-2025
Technological advancements pertinent to pharmaceutical laboratories and rising demand for lab automation are expected to fuel the demand for these systems in the coming years.
Advancements in R&D labs, especially in pharmaceutical and biotechnological laboratories, are likely to stoke the growth of the market during the forecast period. Growing focus on improving efficiency of laboratories is also poised to help the market gain tremendous momentum over the coming years. In addition, low implementation cost, efficient time management, and compliance with GDP, GCP, and GMP are the key factors escalating the demand for LIMS.
The Global LIMS market is expected to reach USD 1,355.0 million by 2023 from USD 747.3 million in 2018, at a CAGR of 12.6%.
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Top Leading Companies are: LabWare,Thermo Fisher,LabVantage Solutions,STARLIMS Corporation,PerkinElmer,Genologics,Promium,Core Informatics,LabLynx,Autoscribe Informatics,Khemia Software,LabLogic Systems,Computing Solutions,Novatek International,Chemware,CloudLIMS,Others
Moreover, rising practice of genome and DNA study and in-vitro ADME technologies is working in favor of the market. Associated advantages such as high precision and elimination of manual data transcription error are also anticipated to provide a fillip to the market. Furthermore, burgeoning popularity of cloud-based systems is projected to positively influence the growth of the overall market.
Contents of the 15 Chapters for This LIMS Market Study:-
Chapter 1, to describe LIMS Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of LIMS , with sales, revenue, and price of LIMS , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of LIMS, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, LIMS market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe LIMS sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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LIMS Market, by Type:
On-premise LIMS
Cloud-based LIMS
Remotely hosted LIMS
LIMS Market, by End User:
Research and Development Lab
Analytical Services Lab
Manufacturing Lab
Other
Based on deployment model, the LIMS market is segmented into on-premise, cloud-based, and remotely hosted models. In 2018, the on-premise LIMS segment is expected to account for the largest share of the market. The large share of this segment is attributed to the fact that these solutions are more customizable and have minimum risk associated with data breaches and external attacks.
Based on industry, the LIMS market is segmented into life sciences, chemical, food & beverage and agriculture, environmental testing laboratories, petrochemical refineries and oil & gas, and other industries. The life sciences segment is projected to grow at the highest rate during the forecast period. Growth in this segment can primarily be attributed to the rise in outsourcing by pharmaceutical companies, need to adhere to regulatory mandates, increasing number of biobanks/biorepositories, and growing R&D investments/activities in pharmaceutical and biotechnology companies.
In 2018, North America is expected to dominate the market followed by Europe. The large share of this geographical segment is attributed to the strong economies in the US and Canada, which have allowed for significant investments in new technologies, growth in biobanks, easy availability of LIMS products and services, and stringent regulatory requirements across industries.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of LIMS Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of LIMS Market Carrier and assist manufacturers and investment organization to better grasp the development course of LIMS Market.
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Important attributes of the report:
The 360-degree LIMS overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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LIMS Market Technology Advancement and Analysis 2019 to 2025