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9.3% CAGR to Take Global LIMS Market to $1,323.6 MM to 2019

RnRMarketResearch.com adds “Laboratory Information Management Systems/ LIMS Market by Product (COTS & Legacy), Delivery Mode (On-premise, Hosted, Cloud), Component (Software & Services), End User Industries (Healthcare, CRO, Petrochemical, Oil and Gas, Chemical) – Forecast to 2019” global research report to its store.


Dallas, TX -- (SBWIRE) -- 01/07/2015 -- The global LIMS market is expected to reach $1,323.6 million by 2019 from $848.5 million in 2014, growing at a CAGR of 9.3% from 2014 to 2019. Major factors contributing to the growth of the LIMS market include rising awareness on LIMS solutions through various conferences and forums, new product launches by prominent players, rise in the need to integrate healthcare systems, and rise in pressure to comply with regulatory requirements such as 21CFR part 11, HL7 (Health Level Seven International), HIPPA (Health Insurance Accountability and Portability Act), DICOM (Digital Imaging and Communications in Medicine),SOX (Sarbanes-Oxley Act),ISO (Indian Standard Organizations), FDA (Food and Drug Administration) CLIA (Clinical Laboratory Improvement Amendments), cGMP (Current Good Manufacturing Practices), cGLP (Current Good Laboratory Practices), NAMAS (Nationally Appropriate Mitigation Actions), UKAS (United Kingdom Accreditation Service),and NELAC (National Environment Accreditation Conference),amongst others. Relatively untapped markets of the Asian region, with an advent of increasing outsourcing activities of European and North American pharmaceutical companies in this region, have increased the demand for LIMS there. However, the high cost of maintenance and services of LIMS solutions and a lack of skilled HCIT professionals and are some factors that are expected to limit the growth of this market.

Complete report is available at http://www.rnrmarketresearch.com/laboratory-information-management-systems-lims-market-by-product-cots-legacy-delivery-mode-on-premise-hosted-cloud-component-software-services-end-user-industries-healthcare-cro-pet-market-report.html

The LIMS market is categorized on the basis of product, delivery mode, component, end user, and region. In 2014, North America dominated the laboratory information management systems market with the U.S. accounting for a major share. However, Asia is poised to grow at the highest CAGR during the forecast period owing to increasing outsourcing of activities by European and North American pharmaceutical companies in this region, which will require better laboratory workflow management and regulatory compliance. Companies profiled in this research report are Core Informatics, Llc, LabWare, Inc., LabVantage Solutions, Inc., STARLIMS Corporation (Subsidary Of Abbott Laboratories), Thermo Fisher Scientific, Inc., Autoscribe Informatics, Inc. (A Wholly Owned Subsidiary Of Autoscribe Ltd), Computing Solutions, Inc. (CSI), Genologics, LabLynx, Inc., PerkinElmer, Inc. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=256734 .

Apart from the comprehensive geographical analysis, product analysis, and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by the industry players over the last three years. In addition, the company profiles comprise basic views on the key players in the LIMS market and their product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make informed decisions regarding product offerings, geographical focus, change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Priced at US$ 4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=256734

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Complete report available at http://www.rnrmarketresearch.com/laboratory-information-systemlis-market-by-type-standalone-integrated-delivery-mode-on-premise-hosted-saas-end-user-labs-clinical-molecular-diagnostic-blood-bank-anatomic-pathology-by-market-report.html

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