Infographics - Laboratory Information Systems Market

Global laboratory information systems market is estimated to be valued at USD 2.52 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 10% from 2024 to 2031. Laboratory information system (LIS) is a software system that is used to manage patient data, sample collection and storage, test results reporting and workflow within laboratories. Laboratory information systems are used by modern laboratories to streamline processes, ensure accuracy in result reporting, and facilitate integration with other information systems in healthcare facilities. Growing demand for integrated healthcare solutions, development of advanced LIS offerings and rising workload of clinical laboratories can drive the market growth over the forecast period.

Market Dynamics:

Growing pressure to curb rising healthcare costs has boosted demand for digital solutions that can streamline clinical workflows and drive efficiencies. This has boosted adoption of integrated LIS across hospitals and diagnostic laboratories. Development of advanced LIS offerings that leverage technologies like artificial intelligence, internet of things and cloud computing can also drives the market growth. Key market players are investing in innovations to introduce systems with improved data analytics capabilities, predictive functionalities and remote access. However, data security concerns associated with cloud-based systems and high deployment costs can pose challenges for widespread adoption of LIS. Ongoing partnerships between vendors and healthcare providers can provide growth opportunities.

Key Features of the Study:

This report provides in-depth analysis of the global laboratory information systems market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global laboratory information systems market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Thermo Fisher, LabWare, LabVantage Solutions, Genologics, Illumina and Accelerated Technology Laboratories
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global laboratory information systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global laboratory information systems market

Detailed Segmentation-

By Delivery Mode
- On-premise
- Web-hosted
- Cloud-based
By Component
- Software
- Services
By End User
- Hospital & Clinics
- Independent Catheterization Laboratories
- Academic & Research Institute
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- Cerner Corporation
- Sunquest Information Systems, Inc.
- CompuGroup Medical AG
- McKesson Corporation
- SSC Soft Computer
- Orchard Software Corporation
- Epic Systems Corporation
- Meditech (Medical Information Technology, Inc.)
- Computer Programs and Systems, Inc. (CPSI)
- CliniSys Group Ltd.
- Merge Healthcare Incorporated (an IBM company)
- STARLIMS Corporation (a subsidiary of Abbott)
- Thermo Fisher Scientific Inc.
- Comp Pro Med, Inc.
- Schuyler House
- LabWare
- TechniData America
- Siemens Healthineers

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snapshot, By Delivery Mode
  - Market Snapshot, By Component
  - Market Snapshot, By End User
  - Market Snapshot, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Regulatory Scenario
- Acquisitions and Partnerships Scenario
- Funding and Investments
- PEST Analysis
- Porter’s Analysis
Global Laboratory Information Systems Market - Impact of Coronavirus (COVID-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the Market
Global Laboratory Information Systems Market, By Delivery Mode, 2019 – 2031, (USD Bn)
- Overview
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020 – 2031
  - Segment Trends
- On-premise
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
- Web-hosted
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
- Cloud-based
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Global Laboratory Information Systems Market, By Component, 2019 – 2031, (USD Bn)
- Overview
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020 – 2031
  - Segment Trends
- Software
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
- Services
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Global Laboratory Information Systems Market, By End User, 2019 – 2031, (USD Bn)
- Overview
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020 – 2031
  - Segment Trends
- Hospital & Clinics
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
- Independent Catheterization Laboratories
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
- Academic & Research Institute
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
- Others
  - Overview
  - Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Global Laboratory Information Systems Market, By Region, 2019 – 2031, (USD Bn)
- Introduction
  - Market Share Analysis, By Region, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, For Region, 2020–2031
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Delivery Mode, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Delivery Mode, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
    - Brazil
    - Mexico
    - Argentina
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Delivery Mode, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
    - U.K.
    - Germany
    - Italy
    - France
    - Spain
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Delivery Mode, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Delivery Mode, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
    - GCC
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Delivery Mode, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD Bn)
    - North Africa
    - Central Africa
    - South Africa
Competitive Landscape
- Company Profiles
  - Cerner Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Sunquest Information Systems, Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - CompuGroup Medical AG
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - McKesson Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - SSC Soft Computer
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Orchard Software Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Epic Systems Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Meditech (Medical Information Technology, Inc.)
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Computer Programs and Systems, Inc. (CPSI)
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - CliniSys Group Ltd.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Merge Healthcare Incorporated (an IBM company)
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - STARLIMS Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Thermo Fisher Scientific Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Comp Pro Med, Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Schuyler House
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - LabWare
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - TechniData America
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Siemens Healthineers
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Reference and Research Methodology
- References
- Research Methodology
- About us and Sales Contact

*Browse 32 market data tables and 28 figures on "Laboratory Information Systems Market” - Global forecast to 2031

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LABORATORY INFORMATION SYSTEMS MARKET ANALYSIS

Laboratory Information Systems Market

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