The North America Laboratory Informatics Market would witness market growth of 5.2% CAGR during the forecast period (2019-2025). Laboratory informatics is a specialized application of IT which helps to optimize and expand laboratory operations through a tool platform, software, and data management instruments. It allows for the capturing, migration, processing, and interpretation of scientific data for immediate use, as well as storage, management, and sharing in order to support future research, development, and laboratory testing activities, thus optimizing the efficiency of laboratory operations. Laboratory informatics is one of the fastest-growing fields of laboratory-related technology, growing with the trend of computing in general. Owing to the increased importance of information management, laboratory informatics tends to focus on the information management process related technology.
An accelerated series of technological developments have made laboratory equipment less static and more interactive, enabling large networks of integrated laboratory devices, computers, and telecom facilities to analyze, log, and distribute data. This has gradually enabled science research projects to shift from a localized model to a global one, enabling researchers to invest lesser time collecting data or waiting for information to arrive from another location. This has allowed them to concentrate more on the work underway and making their research quicker and more effective. This has further encouraged laboratories to remain competitive by having more robust and flexible data management systems.
Based on Component, the market is segmented into Software and Services. Based on End Use, the market is segmented into Life Sciences, CROs, Chemical Sector, Food & Beverage and Agriculture Sector, Environmental Testing Laboratories, Petrochemical Sector and Other Sectors. Based on Product, the market is segmented into LIMS, ELN, ECM, CDS, SDMS, LES and EDC & CDMS. Based on Delivery Mode, the market is segmented into Cloud-based, Web-hosted and On-Premise. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Laboratory Informatics Market in North America is expected to register a CAGR of 5.2% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., LabVantage Solutions, Inc. (TCG Lifesciences), LabWare, Inc., Abbott Laboratories (Abbott Informatics Corporation), LabLynx, Inc., Agilent Technologies, Inc., Waters Corporation, PerkinElmer, Inc., Autoscribe Informatics, Inc., and McKesson Corporation.
Market Segmentation:
By Component
By End Use
By Product
By Delivery Mode
By Country
Companies Profiled
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