Pune, India -- (SBWIRE) -- 05/14/2018 -- A laboratory information system (LIS) is a software system that records, manages, and stores data for clinical laboratories. A LIS has traditionally been most adept at sending laboratory test orders to lab instruments, tracking those orders, and then recording the results, typically to a searchable database. The standard LIS has supported the operations of public health institutions (like hospitals and clinics) and their associated labs by managing and reporting critical data concerning "the status of infection, immunology, and care and treatment status of patients

Market Analysis

The global laboratory information systems (LIS) market is expected to reach USD 2.9 billion by 2024 from USD 1.3 billion in 2016, growing at a CAGR of 10.1% during the forecast period from 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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The report begins with a fundamental Laboratory Information System (LIS) advertise outline. It likewise goes about as a key device to ventures dynamic over the esteem chain and for new contestants by empowering them to exploit the open doors and create business procedures

Global Laboratory Information Systems (LIS) Market, By Product Type (Standalone LIS, Integrated LIS), By Device Type (Clinical LIS, Anatomical LIS), By Components (Services, software), By Delivery Mode (On-Premise, Remotely-Hosted, Cloud-Based) By End-User (Clinical Diagnostic Laboratories, Hospitals, Anatomical Pathology Laboratories, Blood Banks, Molecular Diagnostic Laboratories), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) – Industry Trends and Forecast to 2024.

Frequently Asked Questions?


- What will the market size be in 2024?

- What are the key factors driving the global market?

- What are the challenges to market growth?

- Who are the key players in the market?

- What are the market opportunities and threats faced by the key players?

- What will be the growth rate in 2024?

- Which strategies are used by top players in the Laboratory Information Management System market?


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Top Competitors of Market


- McKesson Corporation,

- Epic Systems Corporation,

- Medical Information Technology,

- Sunquest Information Systems,

- Cerner Corporation,

- SSC Soft Computer,

- Compu Group Medical AG,

- Orchard Software Corporation,

- Allscripts,

- Quest Diagnostics Incorporated,

- Computer Programs and Systems (CPSI),

- Merge


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TABLE OF CONTENTS


- Introduction

- MARKET SEGMENTATION

- Market Overview

- Drivers

- Restraints

- OPPORTUNITIES

- CHALLENGES

- EXECUTIVE SUMMARY

- premium insights

- Global Laboratory Information Systems (LIS) Market, by Product Type

- Global Laboratory Information Systems (LIS) Market, By Device Type

- Global Laboratory Information Systems (LIS) Market, By Components

- Global Laboratory Information Systems (LIS) Market, By Delivery Mode

- Global Laboratory Information Systems (LIS) Market, By End-User

- Global Laboratory Information Systems (LIS) Market, By Geography

- Overview

- North America

- Europe

- Asia-Pacific

- south America

- Middle East and Africa

- Global Laboratory Information Systems (LIS) Market, COMPANY landscape

- company profiles


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Competitive Analysis and Key Point

The deployment of integrated healthcare systems helps facilitate a smooth exchange of patient data across different healthcare organizations. The emergence of new and complex tests, along with the necessity to make test results readily available for clinicians, presents significant challenges for laboratory managers/technicians. In order to take effective decisions, clinicians require a patient care summary. This in turn requires an integrated system that provides the entire diagnostic information in one database. A completely integrated LIS addresses various patient safety issues, enhances the quality of care, provides patient information at a single point of access, and eliminates the gaps in communication between care providers. The benefits associated with integrated solutions are better workflow, elimination of costs of maintaining interfaces between two software, easy retrieval of clinical data, and quick feedback for clinicians. These benefits make it easier for hospitals to replace their traditional LIS systems with an integrated LIS.

Market Segmentation by Geography

Based on geography the digital LIS market is segmented into 5 geographical regions,


- North America,

- Europe,

- Asia-Pacific,

- South America and rest of the world


The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. U.S. is expected to dominate the market due to the rising focus on healthcare data maintenance and integration among healthcare providers and payers.

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