Pune, India -- (SBWIRE) -- 08/13/2018 -- According to Data Bridge Market Research new Market report, Global Laboratory Informatics Market, By Product Type (Laboratory Information Management Systems, Electronic Lab Notebooks, Scientific Data Management Systems , Laboratory Execution Systems , Clinical Data Management Systems, Chromatography Data Systems), By Deployment (On-Premise, Cloud Based, Web Based Modules), By Industry (Life Science { Pharmaceutical, Biotechnology, Bio-Banking, Contract Service Organizations, Clinical Research Laboratories, Academic Research Institutes}, Petrochemical, Chemicals, Food and Beverages, Environmental Testing, Forensics Among Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trend and Forecast to 2025

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Some of the major market players in this market are:

Abbott
Agilent Technologies
Apricot Designs, Inc
BD
bioMérieux SA
Biosero Inc
BioTek Instruments, Inc
Danaher
Dassault Systèmes
F. Hoffmann-La Roche Ltd
Hamilton Company
HUDSON ROBOTICS INC
LabVantage Solutions, Inc
PerkinElmer Inc
QIAGEN
Scinomix
Tecan Trading AG
Thermo Fisher Scientific Inc.

Global Laboratory Informatics Market

Data generated by laboratories has dramatically risen in past few decades because of rising technological advancements in molecular genomics and genetic testing practices. Laboratories play a very vital role for manufacturing and research organizations in the field of the life sciences and medical research in institutions. The main objective of laboratories is generation of high quality and reliable experiment data that conforms to the regulatory guidelines of the industry, and the required data should be available whenever required.

Laboratories are under immense pressure to improve turnaround times, reduce human error rates and improve efficiency while reducing costs.

According to a report published by RNCOS industry research solution in 2012, the Indian diagnostic service market had generated revenue of 97.3 billion in 2011.

According to the news release by Agilant technologies, in May 2018, Agilant technologies entered into a definitive agreement to acquire privately-held Genohm, a developer of highly differentiated, premise and cloud-based software solutions for laboratory management.

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Segmentation: Global Laboratory Informatics Market

The global market for laboratory informatics by the following sub-categories is presented

By Product Type

- Laboratory Information Management Systems
- Electronic Lab Notebooks
- Scientific Data Management Systems
- Laboratory Execution Systems
- Clinical Data Management Systems
- Chromatography Data Systems

By Deployment

- On-Premise
- Cloud Based
- Web Based Modules

By Industry

- Life Science
? Pharmaceutical
? Biotechnology
? Bio-Banking
? Contract Service Organizations
? Clinical Research Laboratories
? Academic Research Institutes
- Petrochemical
- Chemicals
- Food and Beverages
- Environmental Testing
- Forensics
- Others

By Geography

- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa

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FACTORS DRIVING GROWTH IN THE GLOBAL LABORATORY INFORMATICS MARKET

Increasing Need for Laboratory Automation:

Automation in clinical laboratory is gaining pace in India. In future there are more chances that smaller laboratories will consolidate and feed samples to larger automated laboratories. And at present, around 10.0% of the market is composed and organised and compose of laboratories with proper accreditation.

According to a consultant, clinical biochemistry& quality manager BGS global hospital around 500-1000 test samples are proceed every day in a laboratory which is attach to tertiary care hospitals.

As only 10.0% of the laboratories are with proper accreditation, hence in future there is huge scope for this market in further remaining 90.0% of the laboratories which are not with proper accreditation as they will approach to go for more automation to reduce their work load an generate more revenue. This is providing a huge scope to the market to grow in near future.

Development of Integrated Lab Informatics Solutions:

Kantonspital Arau in Switzerland added a sysmmex CS-5100 on to its apito. By adding this automation track the lab has increased its coagulation test volume from 1.9-3.2 million tests per year with only 7.0% increase in staffing. This lab also added 15 new tests that were earlier unable to offer.

With this new development in the informatics solutions, in clinical chemistry the average tubes per hour increase from 190 to 225. In immunoassay the average tubes per hour increase from 150 to 200. In hematology this rate increases from 90 to 145. In coagulation this rate increases from 95 to 107.

As today every laboratory that may be in industries, manufacturing units or in research institution are moving towards automation, hence this market is expected to earn a pool of opportunities in future.

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