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Europe Laboratory Information System (LIS) Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773262
  • Report
  • September 2019
  • Region: Europe
  • Allied Analytics LLP
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Laboratory information system (LIS) is a system designed to store, retrieve, modify, and record data and information in laboratories. It is used laboratories to track and manage audit trails of health services, integrate instruments & applications, and handle demographic information for associated clients. In addition, it is also used in medical related laboratories for processing and keeping records of data related to individual patients for proper diagnosis, treatment, and prevention of diseases.

Increasing demand for improved laboratory efficiency, the need for integrated healthcare information systems, and hospitals prioritizing for laboratory information systems fuels the growth in the European laboratory information systems market. In addition, supportive government initiative and investments from healthcare IT manufacturers supplements the growth. However, scarcity experienced professionals and high maintenance & service expenses are factors hindering the growth of the market. On the other hand, demand for powerful IT systems in diagnostic and medical laboratories present opportunities in the market.

The European laboratory information systems market is segmented on the basis of products, types, components, delivery mode, end users, and countries. The product segment is divided into standalone LIS and integrated LIS. The types included in the report are clinical LIS and anatomical LIS. The components covered in the report are services and software. On-premise, remotely-hosted, and cloud-based are delivery modes discussed in the report. The end users segment is further classified into clinical diagnostic laboratories, hospitals, anatomical pathology laboratories, blood banks, and molecular diagnostic laboratories. The countries such as Germany, Italy, Spain, U.K., and France would experience tremendous growth.

The major companies operating in the market are Epic Systems Corporation, McKesson Corporation, Merge Healthcare Incorporated, Medical Information Technology Inc., Compugroup Medical AG, Computer Programs and Systems Inc., SCC Soft Computer, Orchard Software Corporation, Comp Pro Med, and Cerner Corporation. These companies are adopting various strategies, such as expansion, new product launches, mergers & acquisitions, joint ventures, and others to strengthen their position in the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers an in-depth analysis of key driving and restraining factors of the European laboratory information systems market.
The report provides an extensive analysis of current and future market status of the European laboratory information systems market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
Comprehensive analysis has been done in this report by constructing market estimations for the key market segments between 2015 and 2020.
An in-depth analysis of current research and clinical developments withinthe European laboratory information systems market is provided with key market dynamic factors that help in understanding the behaviour of the market.
The European laboratory information systems market is segmented into Germany, Italy, Spain, U.K., France, and Rest of Europe.

KEY MARKET SEGMENTS:

By Product

Standalone LIS
Integrated LIS

By Type

Clinical LIS
Anatomical LIS
By Component
Services
Software

By Delivery Mode

On-Premise
Remotely-Hosted
Cloud-Based

By End User

Clinical Diagnostic Laboratories
Hospitals
Anatomical Pathology Laboratories
Blood Banks
Molecular Diagnostic Laboratories

By Country

Germany
Italy
Spain
U.K.
France
Rest of the Europe

Key Market Player:

Epic Systems Corporation
McKesson Corporation
Medical Information Technology Inc.
SCC Soft Comp



* This report will be delivered in 12 Business Days. *
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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