MarketResearchNest.com
adds “Global Laboratory Information
Management System (LIMS) Market Growth (Status and Outlook) 2019-2024”new report
to its research database.
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.
According to this study, over the next five years the
Laboratory Information Management System (LIMS) market will register a 6.1%
CAGR in terms of revenue, the global market size will reach US$ 94 million by
2024, from US$ 66 million in 2019. In particular, this report presents the
global revenue market share of key companies in Laboratory Information
Management System (LIMS) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares
and growth opportunities of Laboratory Information Management System (LIMS) market
by product type, application, key companies and key regions.
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This study considers
the Energy Trading and Risk Management (ETRM) value generated from the sales of
the following segments:
Segmentation by
product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to
2024 in section 10.7.
·
On-premise
LIMS
·
Cloud-based
LIMS
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 10.8.
·
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
·
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This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,China,
Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK,
Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa,Israel,
Turkey, GCC Countries
The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Citigroup Inc.
·
JPMorgan Chaseand Co.
·
Capital One Financial Corporation
·
Bank of America Corporation
·
Discover Financial Services
·
Synchrony Financial
·
American Ecpress Company
·
Wells Fargoand Company
·
Barclays Plc
·
U.S. Bancorp
·
MUFG
·
SMBC
·
Mizuho
·
Resona Bank
·
SBI Holdings
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In addition, this report discusses the key drivers
influencing market growth, opportunities, the challenges and the risks faced by
key manufacturers and the market as a whole. It also analyzes key emerging
trends and their impact on present and future development.
Research objectives
·
To study and analyze the global Laboratory
Information Management System (LIMS) market size by key regions/countries,
product type and application, history data from 2014 to 2018, and forecast to
2024.
·
To understand the structure of Laboratory
Information Management System (LIMS) market by identifying its various
subsegments.
·
Focuses on the key global Laboratory Information
Management System (LIMS) players, to define, describe and analyze the value,
market share, market competition landscape, SWOT analysis and development plans
in next few years.
·
To analyze the Laboratory Information Management
System (LIMS) with respect to individual growth trends, future prospects, and
their contribution to the total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the size of Laboratory Information
Management System (LIMS) submarkets, with respect to key regions (along with
their respective key countries).
·
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.
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