Global Laboratory Information Systems (LIS) Market, By Device Type (Clinical LIS, Anatomical LIS), Product Type (Standalone LIS, Integrated LIS), Components (Services, Software), Delivery Mode (On-Premise, Remotely-Hosted, Cloud-Based) End-User (Clinical Diagnostic Laboratories, Hospitals, Anatomical Pathology Laboratories, Blood Banks, Molecular Diagnostic Laboratories), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Laboratory information systems (LIS) market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 9.95% in the above-mentioned forecast period. Rising Prevalence of chronic diseases drives the laboratory information systems (LIS) market.
Laboratory information system (LIS) is a type of computer based software that is used to manage, verify and store the data from all stages of medical processes. The physicians and lab technicians are used to coordinate varieties of inpatient and outpatient medical testing.
Need for laboratory automation is the vital factor escalating the market growth, also rising emphasis on improving the quality of diagnostics, increasing use of laboratory information systems, rising development of integrated laboratory information systems, rising need to comply with regulatory requirements and rising adoption of LIS to enhance lab efficiency are the major factors among others driving the laboratory information systems (LIS) market. Moreover, rising popularity of cloud-based LIS, significant growth potential of emerging countries and rising personalized medicine will further create new opportunities for laboratory information systems (LIS) market in the forecasted period of 2020-2027.
However, increased maintenance and service costs is the vital factor among others which will obstruct the market growth, while interfacing with diverse laboratory instruments, requirement of specialized LIS solutions and dearth of trained professionals will further challenge the growth of laboratory information systems (LIS) market in the forecast period mentioned above.
This laboratory information systems (LIS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on laboratory information systems (LIS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Laboratory Information Systems (LIS) Market Scope and Market Size
Laboratory information systems (LIS) market is segmented on the basis of device type, product type, components, delivery mode and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of device type, the laboratory information systems (LIS) market is segmented into clinical LIS and anatomical LIS.
- Based on product type, the laboratory information systems (LIS) market is segmented into standalone LIS and integrated LIS.
- Based on components, the laboratory information systems (LIS) market is segmented into services and software.
- Based on delivery mode, the laboratory information systems (LIS) market is segmented into on-premise, remotely-hosted and cloud-based.
- The laboratory information systems (LIS) market is also segmented on the basis of end-user into clinical diagnostic laboratories, hospitals, anatomical pathology laboratories, blood banks and molecular diagnostic laboratories.
Global Laboratory Information Systems (LIS) Market Country Level Analysis
Laboratory information systems (LIS) market is analysed and market size insights and trends are provided by country, device type, product type, components, delivery mode and end-user as referenced above.
The countries covered in the laboratory information systems (LIS) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the laboratory information systems (LIS) market due to rising government efforts to make access to laboratory services easy and well-established healthcare IT sector in this region.
The country section of the laboratory information systems (LIS) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Laboratory information systems (LIS) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for laboratory information systems (LIS) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the laboratory information systems (LIS) market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Laboratory Information Systems (LIS) Market Share Analysis
Laboratory information systems (LIS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laboratory information systems (LIS) market.
The major players covered in the laboratory information systems (LIS) market report are Cerner Corporation, Sunquest Information Systems, Inc., SSC Soft Computer, Compugroup Medical AG, McKesson Corporation, Epic Systems Corporation, Medical Information Technology, Inc., Orchard Software Corporation, Epic Systems Corporation., Allscripts, Quest Diagnostics Incorporated, CPSI), and IBM Watson Health, Computer Programs and Systems, Inc, Merge Healthcare, Inc., Orchard Software Corporation., Agilent Technologies, Inc Dassault Systèmes among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Laboratory Information Systems (LIS) Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.