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The Laboratory Information System (LIS) is a component of a Hospital Information System (HIS) that is used to manage laboratory data and processes. It is designed to automate the collection, storage, retrieval, and analysis of laboratory data. It also helps to ensure accuracy and consistency of laboratory results. The LIS is used to track patient information, manage laboratory tests, and generate reports. It also helps to improve communication between laboratory staff and other healthcare professionals. The LIS market is growing due to the increasing demand for efficient and accurate laboratory data management. The market is expected to benefit from the increasing adoption of electronic health records and the increasing focus on patient safety. Some companies in the LIS market include Cerner Corporation, Epic Systems Corporation, McKesson Corporation, Allscripts Healthcare Solutions, Inc., and Siemens Healthineers. Show Less Read more