Laboratory Information Management System/LIMS Market by Product, Component, Delivery & End User - Forecasts to 2021

  • ID: 3950060
  • Report
  • Region: Global
  • 196 Pages
  • Markets and Markets
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The Global Laboratory Information Management System (LIMS) Market is Expected to Reach USD 901.6 Million by 2021 from an Estimated Value of USD 634.0 Million in 2016, at a CAGR of 7.3%

FEATURED COMPANIES

  • Core Informatics, LLC
  • Lablynx, Inc.
  • Labware, Inc.
  • Labworks LLC
  • MORE

"Laboratory Information Management System/LIMS Market by Product (Broad, Industry-specific), Component (Software, Services), Delivery (On-premise, Remote, Cloud) & End User (CROs, CMO, Pharma, Biotech, Chemical, Agriculture, Oil, Gas) - Forecasts to 2021"

The global laboratory information management system (LIMS) market is expected to reach USD 901.6 million by 2021 from an estimated value of USD 634.0 million in 2016, at a CAGR of 7.3% during the forecast period. This market is segmented on the basis of product type, deployment model, component, industry, and region.

Factors such as need for regulatory compliance; growing LIMS adoption in biobanks/biorepositories, academic research institutes, CROs, and CMOs; technological advancements; growing R&D expenditure in pharmaceutical and biotechnology companies, and growing awareness through conferences & forums are propelling the growth of this market. Moreover, cloud-based LIMS and potential in emerging geographies are expected to offer a wide range of growth opportunities for the LIMS market. On the other hand, lack of integration standards and high maintenance cost & service expenses are the major factors that may limit growth of the market to a certain extent.

In North America, the U.S. is one of the most dominant markets for LIMS due to its well-established economy, easy availability of LIMS, and financial ability to deploy such technologies. According to the Industrial Research Institute, in 2016, the total U.S. R&D spending is expected to reach USD 514 million from USD 453 million in 2012. Moreover, in the life sciences industry, improving FDA approval levels and a positive sales outlook are allowing pharmaceutical companies to allocate more capital to R&D spending.

However, Asia is projected to be the fastest-growing region during the forecast period. Factors such as increasing R&D activities and the development of supporting infrastructure in research laboratories have generated a demand for LIMS solutions in the Asian region.

Apart from comprehensive geographical analysis, product analysis, and market sizing, the report also provides market share analysis and competitive landscape that covers growth strategies adopted by industry players in the last three years. In addition, the company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted. The abovementioned market research data, current market sizes, and forecast of future trends will help key players and new entrants make informed decisions regarding product offerings, geographical focus, changes in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Research Coverage

The LIMS market is segmented on the basis of product type, deployment model, component, industry, and region. Based on product type, the market is segmented into broad-based LIMS and industry-specific LIMS. Based on component, the LIMS market is segmented into software and services. Based on deployment model, the market is segmented into on-premise LIMS, cloud-based LIMS, and remotely hosted LIMS. Based on industry, the LIMS market is broadly segmented into life sciences industry, petrochemical and oil & gas refineries, chemical industry, food & beverage and agriculture industry, environmental testing, and other industries (forensic and metal & mining industries).

Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of top players in the LIMS market. The report analyzes this market by product type, component, deployment model, industry, and region
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the LIMS market
  • Competitive Assessment: In-depth assessment of market strategies, geographical and business segments, and product portfolios of the leading players in the LIMS market
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for LIMS across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the LIMS market
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FEATURED COMPANIES

  • Core Informatics, LLC
  • Lablynx, Inc.
  • Labware, Inc.
  • Labworks LLC
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Laboratory Information Management Systems Market, By Region
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.3 Key Data From Secondary Sources
2.4 Key Data From Primary Sources
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 LIMS Market Overview
4.2 LIMS Market, By Product Type
4.3 LIMS Market, By Component
4.4 LIMS Market, By Deployment Model
4.5 LIMS Market, By Industry
4.6 LIMS Market: Geographic Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Growing Use of LIMS to Comply With Stringent Regulatory Requirements
5.2.1.2 Rising Need for Adoption of LIMS in Biobanks/Biorepositories, Academic Research Institutes, and Contract Research Organizations
5.2.1.3 Technological Advancements in LIMS Offerings
5.2.1.4 Growing R&D Expenditure in Pharmaceutical and Biotechnology Companies
5.2.1.5 Increasing Awareness Through Conferences & Forums
5.2.2 Market Restraints
5.2.2.1 High Maintenance and Service Costs
5.2.2.2 Lack of Integration Standards for LIMS
5.2.3 Market Opportunities
5.2.3.1 Cloud-Based LIMS Offer Growth Opportunities
5.2.3.2 Significant Growth Potential in Emerging Markets
5.2.4 Market Challenge
5.2.4.1 Interfacing of LIMS With Other Laboratory Systems

6 Laboratory Information Management Systems (LIMS) Market, By Product Type
6.1 Introduction
6.2 Broad-Based LIMS
6.3 Industry-Specific LIMS

7 Laboratory Information Management Systems (LIMS) Market, By Component
7.1 Introduction
7.2 Services
7.3 Software

8 Laboratory Information Management Systems (LIMS) Market, By Deployment Model
8.1 Introduction
8.2 On-Premise LIMS
8.3 Cloud-Based LIMS
8.4 Remotely Hosted LIMS

9 Laboratory Information Management Systems (LIMS) Market, By Industry
9.1 Introduction
9.2 Life Sciences Industry
9.2.1 Pharmaceutical and Biotechnology Companies
9.2.2 Contract Service Organizations (Cros & Cmos)
9.2.3 Biobanks & Biorepositories
9.2.4 Molecular Diagnostics (MDX) & Clinical Research Laboratories
9.2.5 Academic Research Institutes
9.3 Food & Beverage and Agriculture Industries
9.4 Petrochemical Refineries and the Oil & Gas Industry
9.5 Chemical Industry
9.6 Environmental Testing
9.7 Other Industries

10 Laboratory Information Management Systems (LIMS) Market, By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 U.K.
10.3.3 France
10.3.4 Rest of Europe (RoE)
10.4 Asia
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Rest of Asia
10.5 Rest of the World (RoW)

11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis
11.3 Competitive Situations and Trends
11.3.1 Product Launches and Upgrades
11.3.2 Partnerships, Alliances, Agreements, and Collaborations
11.3.3 Expansions

12 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development) -
12.1 Introduction
12.2 Labware, Inc.
12.3 Thermo Fisher Scientific Inc.
12.4 Abbott Informatics (A Subsidiary of Abbott Laboratories)
12.5 Labvantage Solutions, Inc.
12.6 Core Informatics, LLC
12.7 Lablynx, Inc.
12.8 Autoscribe Informatics, Inc. (A Wholly Owned Subsidiary of Autoscribe Limited)
12.9 Computing Solutions, Inc. (CSI)
12.10 Genologics, Inc., an Illumina Company
12.11 Labworks LLC
  • Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.
13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide

List of Tables

Table 1 LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 2 Broad-Based LIMS Market Size, By Region, 2014-2021 (USD Million)
Table 3 North America: Broad-Based LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 4 Europe: Broad-Based LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 5 Asia: Broad-Based LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 6 Industry-Specific LIMS Market Size, By Region, 2014-2021 (USD Million)
Table 7 North America: Industry-Specific LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 8 Europe: Industry-Specific LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 9 Asia: Industry-Specific LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 10 Market Size, By Application, 2014-2021 (USD Million)
Table 11 Market Size, By Component, 2014-2021 (USD Million)
Table 12 LIMS Services Market Size, By Region, 2014-2021 (USD Million)
Table 13 North America: LIMS Services Market Size, By Country, 2014-2021 (USD Million)
Table 14 Europe: LIMS Services Market Size, By Country, 2014-2021 (USD Million)
Table 15 Asia: LIMS Services Market Size, By Country, 2014-2021 (USD Million)
Table 16 LIMS Software Market Size, By Licensing Type, 2014-2021 (USD Million)
Table 17 LIMS Software Market Size, By Region, 2014-2021 (USD Million)
Table 18 North America: LIMS Software Market Size, By Country, 2014-2021 (USD Million)
Table 19 Europe: LIMS Software Market Size, By Country, 2014-2021 (USD Million)
Table 20 Asia: LIMS Software Market Size, By Country, 2014-2021 (USD Million)
Table 21 Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 22 On-Premise LIMS Market Size, By Region, 2014-2021 (USD Million)
Table 23 North America: On-Premise LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 24 Europe: On-Premise LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 25 Asia: On-Premise LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 26 Cloud-Based LIMS Market Size, By Region, 2014-2021 (USD Million)
Table 27 North America: Cloud-Based LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 28 Europe: Cloud-Based LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 29 Asia: Cloud-Based LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 30 Remotely Hosted LIMS Market Size, By Region, 2014-2021 (USD Million)
Table 31 North America: Remotely Hosted LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 32 Europe: Remotely Hosted LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 33 Asia: Remotely Hosted LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 34 Global Market Size, By Industry, 2014-2021 (USD Million)
Table 35 Global Market Size for the Life Sciences Industry, By Type, 2014-2021 (USD Million)
Table 36 Global Market Size for the Life Sciences Industry, By Region, 2014-2021 (USD Million)
Table 37 North America: Market Size for the Life Sciences Industry, By Country, 2014-2021 (USD Million)
Table 38 Europe: Market Size for the Life Sciences Industry, By Country, 2014-2021 (USD Million)
Table 39 Asia: Market Size for the Life Sciences Industry, By Country, 2014-2021 (USD Million)
Table 40 Global Market Size for Pharmaceutical and Biotechnology Companies, By Region, 2014-2021 (USD Million)
Table 41 North America: Market Size for Pharmaceutical and Biotechnology Companies, By Country, 2014-2021 (USD Million)
Table 42 Europe: Market Size for Pharmaceutical and Biotechnology Companies, By Country, 2014-2021 (USD Million)
Table 43 Asia: Market Size for Pharmaceutical and Biotechnology Companies, By Country, 2014-2021 (USD Million)
Table 44 Global Market Size for Contract Service Organizations, By Region, 2014-2021 (USD Million)
Table 45 North America: Market Size for Contract Service Organizations, By Country, 2014-2021 (USD Million)
Table 46 Europe: Market Size for Contract Service Organizations, By Country, 2014-2021 (USD Million)
Table 47 Asia: Market Size for Contract Service Organizations, By Country, 2014-2021 (USD Million)
Table 48 Global Market Size for Biobanks and Biorepositories, By Region, 2014-2021 (USD Million)
Table 49 North America: Market Size for Biobanks and Biorepositories, By Country, 2014-2021 (USD Million)
Table 50 Europe: Market Size for Biobanks and Biorepositories, By Country, 2014-2021 (USD Million)
Table 51 Asia: Market Size for Biobanks and Biorepositories, By Country, 2014-2021 (USD Million)
Table 52 Global Market Size for Molecular Diagnostics & Clinical Research Laboratories, By Region, 2014-2021 (USD Million)
Table 53 North America: Market Size for Molecular Diagnostics & Clinical Research Laboratories, By Country, 2014-2021 (USD Million)
Table 54 Europe: Market Size for Molecular Diagnostics & Clinical Research Laboratories, By Country, 2014-2021 (USD Million)
Table 55 Asia: Market Size for Molecular Diagnostics & Clinical Research Laboratories, By Country, 2014-2021 (USD Million)
Table 56 Global Market Size for Academic Research Institutes, By Region, 2014-2021 (USD Million)
Table 57 North America: Market Size for Academic Research Institutes, By Country, 2014-2021 (USD Million)
Table 58 Europe: Market Size for Academic Research Institutes, By Country, 2014-2021 (USD Million)
Table 59 Asia: Market Size for Academic Research Institutes, By Country, 2014-2021 (USD Million)
Table 60 Global Market Size for the Food & Beverage and Agriculture Industries, By Region, 2014-2021 (USD Million)
Table 61 North America: Market Size for the Food & Beverage and Agriculture Industries, By Country, 2014-2021 (USD Million)
Table 62 Europe: Market Size for the Food & Beverage and Agriculture Industries, By Country, 2014-2021 (USD Million)
Table 63 Asia: Market Size for the Food & Beverage and Agriculture Industries, By Country, 2014-2021 (USD Million)
Table 64 Global Market Size for Petrochemical Refineries and the Oil & Gas Industry, By Region, 2014-2021 (USD Million)
Table 65 North America: Market Size for Petrochemical Refineries and the Oil & Gas Industry, By Country, 2014-2021 (USD Million)
Table 66 Europe: Market Size for Petrochemical Refineries and the Oil & Gas Industry, By Country, 2014-2021 (USD Million)
Table 67 Asia: Market Size for Petrochemical Refineries and the Oil & Gas Industry, By Country, 2014-2021 (USD Million)
Table 68 Global Market Size for the Chemical Industry, By Region, 2014-2021 (USD Million)
Table 69 North America: LIMS Market Size for the Chemical Industry, By Country, 2014-2021 (USD Million)
Table 70 Europe: LIMS Market Size for the Chemical Industry, By Country, 2014-2021 (USD Million)
Table 71 Asia: LIMS Market Size for the Chemical Industry, By Country, 2014-2021 (USD Million)
Table 72 Global LIMS Market Size for Environmental Testing Laboratories, By Region, 2014-2021 (USD Million)
Table 73 North America: LIMS Market Size for Environmental Testing Laboratories, By Country, 2014-2021 (USD Million)
Table 74 Europe: LIMS Market Size for Environmental Testing Laboratories, By Country, 2014-2021 (USD Million)
Table 75 Asia: LIMS Market Size for Environmental Testing Laboratories, By Country, 2014-2021 (USD Million)
Table 76 Global LIMS Market Size for Other Industries, By Region, 2014-2021 (USD Million)
Table 77 North America: LIMS Market Size for Other Industries, By Country, 2014-2021 (USD Million)
Table 78 Europe: LIMS Market Size for Other Industries, By Country, 2014-2021 (USD Million)
Table 79 Asia: LIMS Market Size for Other Industries, By Country, 2014-2021 (USD Million)
Table 80 LIMS Market Size, By Region, 2014-2021 (USD Million)
Table 81 North America: LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 82 North America: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 83 North America: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 84 North America: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 85 North America: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 86 North America: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 87 U.S.: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 88 U.S.: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 89 U.S.: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 90 U.S.: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 91 U.S.: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 92 Canada: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 93 Canada: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 94 Canada: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 95 Canada: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 96 Canada: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 97 Europe: LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 98 Europe: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 99 Europe: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 100 Europe: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 101 Europe: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 102 Europe: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 103 Germany: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 104 Germany: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 105 Germany: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 106 Germany: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 107 Germany: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 108 U.K.: R&D Expenditure, By Segment, 2014 (USD Million)
Table 109 U.K.: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 110 U.K.: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 111 U.K.: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 112 U.K.: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 113 U.K.: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 114 France: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 115 France: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 116 France: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 117 France: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 118 France: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 119 RoE: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 120 RoE: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 121 RoE: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 122 RoE: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 123 RoE: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 124 Asia: LIMS Market Size, By Country, 2014-2021 (USD Million)
Table 125 Asia: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 126 Asia: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 127 Asia: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 128 Asia: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 129 Asia: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 130 Japan: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 131 Japan: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 132 Japan: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 133 Japan: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 134 Japan: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 135 China: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 136 China: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 137 China: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 138 China: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 139 China: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 140 India: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 141 India: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 142 India: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 143 India: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 144 India: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 145 RoA: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 146 RoA: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 147 RoA: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 148 RoA: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 149 RoA: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 150 RoW: LIMS Market Size, By Product Type, 2014-2021 (USD Million)
Table 151 RoW: LIMS Market Size, By Component, 2014-2021 (USD Million)
Table 152 RoW: LIMS Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 153 RoW: LIMS Market Size, By Industry, 2014-2021 (USD Million)
Table 154 RoW: LIMS Market Size for Life Science Industry, By Type, 2014-2021 (USD Million)
Table 155 Product Launches and Upgrades
Table 156 Partnerships, Alliances, Agreements, and Collaborations
Table 157 Expansions
Table 158 Thermo Fisher Scientific, Inc.
Table 159 Abbott Informatics
Table 160 Labvantage Solutions, Inc.
Table 161 Autoscribe Informatics, Inc.
Table 162 Computing Solutions, Inc. (CSI)
Table 163 Genologics, Inc., an Illumina Company

List of Figures

Figure 1 Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Data Triangulation Methodology
Figure 6 LIMS Market, By Product Type, 2016 vs 2021
Figure 7 LIMS Market, By Component, 2016 vs 2021
Figure 8 LIMS Market, By Deployment Model, 2016 vs 2021
Figure 9 LIMS Market, By Industry, 2016-2021
Figure 10 LIMS Market, By Region: Asia is Expected to Witness the Highest Growth in the Forecast Period
Figure 11 Rising Need to Comply With Regulatory Requirements to Drive Growth of the LIMS Market
Figure 12 Broad-Based LIMS to Dominate the Market in 2016
Figure 13 Services Segment to Witness Highest Growth During the Forecast Period
Figure 14 Cloud-Based Model to Witness Highest Growth During the Forecast Period
Figure 15 Life Sciences Industry to Witness Highest Growth During the Forecast Period
Figure 16 India and China to Witness Highest Growth in the LIMS Market During the Forecast Period
Figure 17 LIMS Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Broad-Based LIMS Market, 2016 vs 2021 (USD Million)
Figure 19 Broad-Based LIMS Market Size, By Region (2016 vs 2021)
Figure 20 LIMS Market Segmentation, By Component
Figure 21 Services Segment to Dominate the LIMS Component Market During the Forecast Period
Figure 22 Cloud-Based LIMS to Register Highest Growth During the Forecast Period
Figure 23 LIMS Market Segmentation, By Industry
Figure 24 Life Sciences Industry to Dominate the North American LIMS Market During the Forecast Period
Figure 25 Pharmaceutical and Biotechnology Companies to Dominate the Life Sciences Industry in the LIMS Market
Figure 26 North American:LIMS Market Snapshot
Figure 27 Europe: LIMS Market Snapshot
Figure 28 Asia: LIMS Market Snapshot
Figure 29 RoW: LIMS Market Snapshot
Figure 30 Key Players Majorly Adopted Organic Growth Strategies Between 2013 and 2016
Figure 31 Market Evolution Framework
Figure 32 Global LIMS Market Share, By Key Player, 2015
Figure 33 Battle for Market Share: Product Launches & Upgrades Was the Key Strategy Adopted By Market Players
Figure 34 Industry-Based Benchmarking for the Top 5 Players
Figure 35 Thermo Fisher Scientific Inc.: Company Snapshot
Figure 36 Abbott Laboratories: Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Core Informatics, LLC
  • Lablynx, Inc.
  • Labware, Inc.
  • Labworks LLC
  • MORE

The global laboratory information management system (LIMS) market is expected to reach USD 901.6 Million by 2021 from an estimated value of USD 634.0 Million in 2016 growing at a CAGR of 7.3% during the forecast period.

The laboratory information management system market is segmented on the basis of product type, deployment model, component, industry, and region. Based on product type, the market is segmented into broad-based LIMS and industry-specific LIMS. The broad-based LIMS segment is expected to grow at the highest CAGR, as these systems are user-friendly, reduce total cost of ownership, provide faster return on investment, integrates seamlessly with other laboratory systems, and easily accessible throughout the enterprise.

Based on component, the laboratory information management system market is segmented into software and services. In 2016, the services segment is expected to account for the largest share of the market. The market for this segment is also expected to grow at the highest CAGR during the forecast period. Growth in this segment can be attributed to the recurring requirement of services such as training, software upgrading, and maintenance post software installation.

Based on deployment model, the market is segmented into on-premise LIMS, cloud-based LIMS, and remotely hosted LIMS. In 2016, the on-premise LIMS segment is expected to account for the largest share of the market. However, the cloud-based LIMS segment is expected to grow at the highest CAGR during the forecast period. Ability to offer on-demand self-serving analytics, no upfront capital investment for hardware, extreme capacity flexibility, and pay-as-you-go pricing model are the key factors driving the adoption of cloud-based LIMS.

Based on industry, the laboratory information management system market is broadly segmented into life sciences industry, petrochemical and oil & gas refineries, chemical industry, food & beverage and agriculture industry, environmental testing, and other industries (forensic and metal & mining industries). The life sciences segment is expected to grow at the highest CAGR of during the forecast period. The large share of this segment can be attributed to the increasing shift towards laboratory automation, growing applications of molecular diagnostics, outsourcing by pharmaceutical industries, presence of stringent regulatory guidelines for pharmaceutical laboratories, increasing number of biobanks/biorepositories, and growing awareness and availability of technologically advanced LIMS solutions.

Geographically, North America is the dominant market for LIMS. It is expected to command the largest share in the global laboratory information management system market during the forecast period. This dominance can be attributed to the growing demand for the integration of laboratory systems, rising government funding for research activities, growth in biobanks, need for early drug discovery, easy availability of LIMS products and services, and stringent regulatory requirements across industries.

Prominent players in the market include Thermo Fisher Scientific, Inc. (U.S.), LabWare, Inc. (U.S.), LabVantage Solutions, Inc. (U.S.), Abbott Informatics (U.S.), Core Informatics, LLC (U.S.), LabLynx, Inc. (U.S.), Labworks, LLC (U.S.), GenoLogics (Canada), Computing Solutions, Inc. (U.S.), and Autoscribe Informatics (U.K.).

Note: Product cover images may vary from those shown
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  • Abbott Informatics (A Subsidiary of Abbott Laboratories)
  • Autoscribe Informatics, Inc. (A Wholly Owned Subsidiary of Autoscribe Limited)
  • Computing Solutions, Inc. (CSI)
  • Core Informatics, LLC
  • Genologics, Inc., an Illumina Company
  • Lablynx, Inc.
  • Labvantage Solutions, Inc.
  • Labware, Inc.
  • Labworks LLC
  • Thermo Fisher Scientific Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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