Laboratory Informatics Market Size To Reach USD 7.7 Billion By 2032, Driven By Automation, AI Integration, And Cloud-Based Solutions SNS Insider
| Report Attributes | Details |
| Market Size in 2023 | USD 3.9 billion |
| Market Size by 2032 | USD 7.7 billion |
| CAGR (2024–2032) | 7.90% |
| U.S. Market 2023 | USD 1.14 billion |
| U.S. Forecast by 2032 | USD 2.20 billion |
| Base Year | 2023 |
| Forecast Period | 2024–2032 |
| Key Regional Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Segment Analysis
By Product, LIMS Segment Dominates the Laboratory Informatics Market
The largest share in 2023 laboratory informatics market was attributed to the LIMS (Laboratory Information Management Systems) segment with 48% market share on account of its ability to track data, along with automating workflows and maintaining compliance. Used across the pharmaceutical, biotechnology, and environmental testing labs, LIMS improves lab functioning, reduces manual errors, and complies with regulatory norms.
By Delivery Mode, Web-Based Segment Dominates the Laboratory Informatics Market
The web-based segment led the laboratory informatics market with a 41% market share in 2023 because of its flexibility, scalability, and cost-effectiveness. Television solutions enable laboratories to access and share data from anywhere, work together regardless of location, and improve efficiency - all without having the headache of complex on-site IT infrastructure. Furthermore, this type of software update and maintenance becomes less hassle and downtime for users when the web tool is used.
By Component, Services Segment Dominates the Laboratory Informatics Market
Due to the increasing need for system integration, maintenance, training, and consulting support, the services segment held the largest share in 2023, with a 57% market share global laboratory informatics market. The increasing customisation and complexity of laboratory informatics solutions have made their deployment and functioning capable of being handled by third-party experts. Services are essential to the configuration of LIMS, ELN, and other systems to suit a particular regulatory and operational need.
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Laboratory Informatics Market Segmentation
By Product
- Laboratory Information Management Systems (LIMS) Scientific Data Management Systems (SDMS) Laboratory Execution Systems (LES) Electronic Lab Notebooks (ELN) Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS) Chromatography Data Systems (CDS) Enterprise Content Management (ECM)
By Component
- Software Services
By Delivery Mode
- Web-based On-Premise Cloud Based
By End Use
- Life Sciences
- Pharmaceutical and Biotechnology Companies Biobanks/Biorepositories Contract Services Organizations Molecular Diagnostics & Clinical Research Laboratories Academic Research Institutes
North America, the Laboratory Informatics Market Leader, and the Asia-Pacific Region are Expected to Register the Fastest Growth.
The laboratory informatics market in North America led the global market with a 38% market share in 2023 due to the advanced laboratory infrastructure and adoption of laboratory informatics solutions in laboratories in North America with a strict regulatory network. Significant investments in pharmaceutical R&D, high digital literacy among laboratory professionals, and major market players operating in the region providing customized informatics solutions are all contributing factors overall.
The Asia-Pacific region is anticipated to exhibit the fastest growth in the forecast period due to rising healthcare spending, increasing pharmaceutical and biotechnology industries, and the increasing necessity for effective lab data management systems. Countries such as China, India, and South Korea have seen accelerated technological development, supported by the government, to promote digitalization in healthcare and research.
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Table of Contents – Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
5.1 Regulatory Compliance Trends, by Region (2023)
5.2 Data Integration & Interoperability (2023-2032)
5.3 Cost Analysis & ROI Assessment (2023)
5.4 Growth in AI & Automation Adoption (2023-2032)
6. Competitive Landscape
7. Laboratory Informatics Market by Product
8. Laboratory Informatics Market by Component
9. Laboratory Informatics Market by Delivery Mode
10. Laboratory Informatics Market by End Use
11. Regional Analysis
12. Company Profiles
13. Use Cases and Best Practices
14. Conclusion
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