Zion Market Research, the market research group announced the analysis report titled 'Laboratory Information Systems (LIS) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'
Sarasota, FL -- (SBWIRE) -- 09/19/2017 -- Laboratory Information Systems (LIS) Market: Overview
Laboratory information system (LIS) is a healthcare information technology device that captures, manages, and records patient data accumulated during medical tests and processes. The stored data is saved in an LIS database for various references in the future. Features such as patient check-in, order entry, patient demographics, result entry, and specimen processing are available through LIS. Application of LIS is seen in hospitals, independent laboratories, and clinics.
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Laboratory Information Systems (LIS) Market: Facts
The published white paper, Laboratory Information Systems (LIS) in the 21st Century: The Challenges and the Promises by The Dark Report and Dark Daily give the information to the laboratory leaders that they should have their own set of protocols which will be helpful in starting a search for the LIS replacement.
Laboratory Information Systems (LIS) Market: Segmentation
The global Laboratory Information Systems Market is segmented into its components, delivery mode, and end users. On the basis of the component, the market is divided into services, hardware, and software. Based on delivery mode, the market is segregated into cloud-based and on-premises delivery mode. On the basis of the end user, the market is categorized into clinics, hospitals, independent laboratories, and others.
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Laboratory Information Systems (LIS) Market: Growth Factors
Uptrend of per capita healthcare, healthy economic growth, developing infrastructure, and rise in individual expenditure are the major driving factors of growth of the LIS market. The rise in quality of the patient treatment and care options across the developing and developed economies is the major influencing growth factor of the market. The healthcare IT companies are increasingly investing to develop advanced and innovative IT solutions for healthcare. Also, there has been a general rise in the numbers of clinics, hospitals, and private laboratories who are making use of LIS. These factors are further boosting the demand of the LIS market. However, lack of trained professionals for maintenance of information and to perform the procedures within the healthcare domain may restrain the market growth.
Laboratory Information Systems (LIS) Market: Regional Analysis
The LIS market is dominated by the North American region. Development and implementation of LIS system and growing trend of innovative designing in this field are the driving factors of the market growth in the North American region. Canada and the U.S. are the chief contributors in this region. Europe follows North America in its growth. Countries such as Germany, France, the U.K., Italy, Spain, Netherlands, Belgium, and Luxembourg are at the forefront of this growth. Asia Pacific is expected to be the fastest growing region in the coming periods. A fair share of the market growth will also be contributed by Latin America and the Middle East and Africa regions.
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Laboratory Information Systems (LIS) Market: Competitive Players
Some of the major companies in the global LIS market include Cerner Corp., CompuGroup Medical, Evident, McKesson, LabWare, Medical Information Technology, SCC Soft Computer, Sunquest Information Systems Inc., and Epic Systems Corporation.
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