Global Enterprise Laboratory Informatics Market Overview
Prophecy Market Insights has recently published its insights on “Global Enterprise Laboratory Informatics Market” for the forecast period of 2018-2029. The market is segmented By Laboratory Informatics (Laboratory Information Management System (LIMS), Electronic Laboratory Notebooks (ELN), Scientific Data Management System (SDMS), Chromatography Data System, and Corrective Action & Prevention Action (CAPA)), By Applications (Healthcare, Research & Development (R&D), Finance, Legal, Life Sciences, and Clinics), and By Region
Efficient flow of the data and its analytics in the life science research laboratories is the major driver for the target market growth. Also, Patient Protection and Affordable Care Act (PPACA) have made compulsory use of enterprise laboratory informatics in healthcare to avoid transcription errors in the patient’s data, which boosts the target market growth. In addition to this, need for the efficient data management in the healthcare laboratories has augmented the growth of the global market.
North America to grow at the highest CAGR during the forecast period
North America has the largest market in terms of revenue and is expected to dominate the target market over the forecast period owing to the adoption of new technologies in the region.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
The global enterprise laboratory informatics market report segments the market on the basis of laboratory informatics, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global enterprise laboratory informatics market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Competitive Analysis
Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global enterprise laboratory informatics market. Key players have adopted mergers & acquisitions and new product developments to strengthen their positions in the global enterprise laboratory informatics market.
- LabVantage Solutions, Inc.
- Thermo Fisher Scientific, Inc.
- Abbott Informatics Corporation
- LabWare Ltd.
- Waters Corporation
- LabLynx, Inc.
- Autoscribe Informatics Inc.
- Agilent Technologies, Inc.
- Dassault Systèmes BV
- LABWORKS LLC.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
FAQs
The Enterprise Laboratory Informatics Market is segmented into Type, Application, and Region.
Factors include the increasing demand for efficient data management in laboratories, the adoption of digitalization in research and development, and the need for integrated solutions for scientific data, driving global growth in the enterprise laboratory informatics market.
Challenges include the complexity of integrating diverse laboratory systems, potential data security concerns, and the need for comprehensive training of laboratory staff, posing restraints on the global market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating in the target market include LabVantage Solutions, Inc., Thermo Fisher Scientific, Inc., Abbott Informatics Corporation, LabWare Ltd., Waters Corporation, LabLynx, Inc., Autoscribe Informatics Inc., Agilent Technologies, Inc., Dassault Systèmes BV, and LABWORKS LLC.
The Enterprise Laboratory Informatics Market is segmented into Type, Application, and Region.
Factors include the growing complexity of business operations, the need for real-time monitoring and analysis, and the demand for predictive analytics to enhance decision-making, driving global growth in the enterprise nervous system market.
Challenges include potential data privacy concerns, the need for seamless integration with existing IT infrastructure, and the requirement for skilled personnel for effective implementation, posing restraints on the global market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating in the target market include Cisco Systems, Inc., VMware, Inc., General Electric Corporation, International Business Machines Corporation, and Fiorano Software, Inc.