XploreMR delivers incisive insights into emerging regions in its latest report titled, “Global Laboratory Information Management System (LIMS) Market Size, Status and Forecast 2025”.

Valley Cottage, NY -- (SBWire) -- 08/28/2018 --This report studies the global Laboratory Information Management System (LIMS) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Laboratory Information Management System (LIMS) market by companies, region, type and end-use industry.

A Laboratory Information Management System (LIMS), is a software-based laboratory and information management system that offers a set of key features that support a modern laboratory's operations. Key features include workflow and data tracking support, flexible architecture, and smart data exchange interfaces and more. The features and uses of a LIMS have evolved over the years from simple sample tracking to an enterprise resource planning tool that manages multiple aspects of laboratory informatics. The LIMS is an evolving concept, with new features and functionality being added often. In this report, the software and service are both counted.

The global revenue of Laboratory Information Management System (LIMS) market was valued at USD 531.83 million in 2015 and is expected to reach USD 562.2 million by 2016. USA took the largest global revenue share in Laboratory Information Management System (LIMS) market. The major chemical customers are Dow, DuPont, Eastman, DSM etc. The Asia Pacific region is expected to be the fastest growing market for Laboratory Information Management System (LIMS) services during the forecast period. In Asia/Pacific the Laboratory Information Management System (LIMS) Solutions market is expected to grow to 15%~20%, especially, in China and India. The Japan Laboratory Information Management System (LIMS) market sales revenue in 2015 is estimated at US $ 58.05 Million.

Thermo Fisher and LabWare captured the top two sales value share spots in the Japan Laboratory Information Management System (LIMS) market in 2015. Thermo Fisher dominated with 46.79% percent revenue share, followed by LabWare with 25.96 % percent revenue share.

The Laboratory Information Management System (LIMS) market is highly competitive, rapidly changing, and significantly affected by new product introductions and the market activities of other industry participants. Laboratory Information Management System (LIMS) providers face competition from the customers' internal information technology departments as well as Laboratory Information Management System (LIMS) competitors. Laboratory Information Management System (LIMS) service providers much provide a value-added product that is easy to install and cost effective.

According to QYR, Healthcare Industries, Pharmaceutical and biotechnology industries, Biobanks/biorepositories, Contract Services Organizations (CROs and CMOs) and Environmental Testing Laboratories covered over 66 % of the Japan market share in 2015, and is projected to dominate the market over the estimated period. These sector is likely to rise at a CAGR of 6.72 % from 2016 to 2021.

Thermo Fisher is the Japan largest vendors accounted for 46.79 % of the industry revenue share in 2015. Other key players include LabWare, Abbott (STARLIMS), NIPPON (SimpLabo), and Labworks (PerkinElmer) among others.

In 2017, the global Laboratory Information Management System (LIMS) market size was 66 million US$ and it is expected to reach 110 million US$ by the end of 2025, with a CAGR of 6.0% during 2018-2025.

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This report focuses on the global top players, covered

Thermo Fisher
LabWare
Abbott (STARLIMS)
NIPPON (SimpLabo)
Labworks (PerkinElmer)
LabVantage Solutions

Market segment by Regions/Countries, this report covers

United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into

On-premise LIMS
Cloud-based LIMS
Remotely hosted LIMS

Market segment by Application, split into

Healthcare Industries
Pharmaceutical and biotechnology industries
Biobanks/biorepositories
Contract Services Organizations (CROs and CMOs)
Academic research institutes
Petrochemical Refineries and Oil and Gas Industries
Chemical Industries
Food and Beverage and Agricultural Industries
Environmental Testing Laboratories
Metal and Mining Industries

The study objectives of this report are:

To study and forecast the market size of Laboratory Information Management System (LIMS) in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Laboratory Information Management System (LIMS) are as follows:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Laboratory Information Management System (LIMS) Manufacturers
Laboratory Information Management System (LIMS) Distributors/Traders/Wholesalers
Laboratory Information Management System (LIMS) Subcomponent Manufacturers
Industry Association
Downstream Vendors

Regional and country-level analysis of the Laboratory Information Management System (LIMS) market, by end-use.

Detailed analysis and profiles of additional market players.

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