Healthcare Laboratory Informatics Market Size & Share 2023 to 2032

Market Size by Product (Laboratory Information Management System, Electronic Lab Notebook, Scientific Data Management System), by Deployment (On Premise, Cloud Based), by Component, by End Use & Forecast.
Report ID: GMI1789
   |
Published Date: December 2022
 | 
Report Format: PDF

Download Free PDF

Healthcare Laboratory Informatics Market Size

Healthcare Laboratory Informatics Market size accounted for over USD 2.5 billion in 2022. Driven by increasing R&D initiatives in the field, the industry is expected to grow at more than 8.5% CAGR from 2023 to 2032.
 

Healthcare Laboratory Informatics Market Overview

Significant technological advancements in software solutions are slated to foster market share in the coming years. Rapid digitization of healthcare systems necessitates the development of high-tech information management systems to reduce the workload for healthcare professionals and operating costs. Constant efforts by leading players to introduce new services and solutions are benefitting the industry outlook.
 

The high need for scientific data integration solutions is projected to drive healthcare laboratory informatics market expansion. Large amounts of data produced by several experiments and research investigations require proper storage and analysis tools. Data integration solutions are vital for the efficient processing of the obtained data and for coming to a satisfactory conclusion. Thus, the usage of data integration solutions, including electronic health records and scientific data management is speculated to further augment market outreach.
 

 

Dearth of integration standards may restrain industry progression

Insufficient integration standards are restraining market growth. Most businesses struggle with data integration since it is a difficult undertaking. The terminologies and data formats used in the fields of science and life sciences are not standardized. Any IT system replacement comes with a number of challenges, such as high costs and training staff. Nonetheless, industry stakeholders’ gradual shift from manual, paper-based processes to electronically executed manufacturing operations to increase production quality and efficiency is likely to aid business trends.
 

Healthcare Laboratory Informatics Market Analysis

Global Healthcare Laboratory Informatics Market Share By Product

In terms of product, healthcare laboratory informatics market is categorized into electronic lab notebook (ELN), laboratory information management system (LIMS), scientific data management system (SDMS), laboratory execution system (LES), chromatography data system (CDS), and others. Chromatography data system (CDS) segment valuation is projected to exceed USD 386.5 million by 2032. This system can be linked to LIMS and other tools to cater to a variety of laboratory requirements and allows organizations to save the cost of deploying and validating several lab-based or instrument-centric software solutions, which is set to impel segmental expansion.
 

With respect to deployment, industry is divided into on premise and cloud based. The healthcare laboratory informatics market share from the cloud-based segment is speculated to expand at more than 9% CAGR over 2023-2032. The rising use of cloud services in various healthcare settings and the pharmaceutical sector is anticipated to boost product utilization. Cloud-based solutions are increasingly being used in the healthcare industry as hospital administrators, doctors, and patients seek information availability, cost-effectiveness, and security. Furthermore, rapid technology adoption and growing healthcare costs in various nations have amplified the demand for cloud services.
 

Based on component, healthcare laboratory informatics market is classified into services, software, and others. The services segment held over 65.5% market share in 2022. The demand for affordable, secure, and dependable services is facilitating segment growth. The industry share is expected to increase as a result of the growing need for customer-driven, hands-on services that enable laboratory efficiencies that raise quality standards, boost output, and simplify regulatory compliance.
 

Global Healthcare Laboratory Informatics Market Share By End-use

In terms of end-use, healthcare laboratory informatics market is segregated into pharmaceuticals, biotech companies, clinical, and others. The pharmaceuticals segment is expected to grow at more than 8.5% CAGR through 2032. Pharma businesses manage enormous amounts of data to keep track of crucial information. These research investigations and R&D projects produce a vast amount of data that needs efficient administration systems, which is foreseen to accelerate the use of informatics solutions by pharmaceutical companies.
 

Healthcare Laboratory Informatics Market Size By Region

Asia Pacific healthcare laboratory informatics market is slated to grow at around 9.5% CAGR from 2023 to 2032, the report claims. The APAC region is witnessing the continuous implementation of cutting-edge medical technologies to provide patients with the best healthcare options. Additionally, favorable government initiatives to establish a tiered healthcare system, upgrade public hospitals, lessen drug abuse, and health insurance are likely to support APAC market demand.
 

Healthcare Laboratory Informatics Market Share

  • Starlims
  • Benchling, Inc.
  • Agilent Technologies
  • LabLynx, Inc.
  • LabWare
  • LabVantage Solutions, Inc.
  • PerkinElmer, Inc.
  • Thermo Fisher Scientific
  • Tech Mahindra
  • Waters Corporation

are some of the major players in the global market. These firms generally indulge in strategic partnerships and alliances with leading healthcare providers to remain ahead in the competitive landscape.
 

Impact of COVID-19 Pandemic

COVID-19 pandemic had a positive impact on the healthcare laboratory informatics industry. To initiate research on the virus, several industry participants and regulatory organizations are rapidly developing artificial intelligence and data analytics in healthcare. To cite an instance, in July 2020, the Department of Energy (DOE), the Department of Veterans Affairs, and the Department of Health & Human Services (HHS) launched a big data analytics initiative for coordinating and sharing information related to the COVID-19 pandemic. Thus, advancements in solutions to conduct research during the pandemic and the growing use of healthcare laboratory informatics technologies have encouraged market growth.
 

The healthcare laboratory informatics market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments:

By Product

  • Laboratory information management system (LIMS)
  • Electronic lab notebook (ELN)
  • Scientific data management system (SDMS)
  • Chromatography data system (CDS)
  • Laboratory execution system (LES)
  • Others

By Deployment

  • On premise
  • Cloud based

By Component

  • Service
  • Software

By End-use

  • Biotech companies
  • Pharmaceuticals
  • Clinical
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

 

Authors: Monali Tayade, Jignesh Rawal
Healthcare Laboratory Informatics Market Scope
  • Healthcare Laboratory Informatics Market Size
  • Healthcare Laboratory Informatics Market Trends
  • Healthcare Laboratory Informatics Market Analysis
  • Healthcare Laboratory Informatics Market Share

Report Content

Chapter 1   Methodology

1.1    Market definitions

1.2    Base estimates & working

1.3    Forecast parameters

1.4    Data validation

1.5    Data sources

1.5.1    Secondary

1.5.1.1   Paid sources

1.5.1.2   Unpaid sources

1.5.2    Primary

Chapter 2   Executive Summary

2.1    Healthcare laboratory informatics market industry 360o synopsis, 2018 - 2032

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Deployment trends

2.1.4    Component trends

2.1.5    End-use trends

2.1.6    Regional trends

Chapter 3   Healthcare Laboratory Informatics Industry Insights

3.1    Vendor matrix

3.2    Industry impact forces

3.2.1    Growth drivers

3.2.1.1   Rising demand of scientific data integration solutions

3.2.1.2   Increasing need for clinical workflow management

3.2.1.3   Increasing availability of cost-effective informatics solutions

3.2.1.4   Technological advancements in software solutions

3.2.2    Industry pitfalls & challenges

3.2.2.1   Dearth of integration standards

3.2.2.2   Lack of skilled professionals

3.3    Growth potential analysis

3.3.1    By product

3.3.2    By deployment

3.3.3    By component

3.3.4    By end-use

3.4    COVID-19 impact analysis

3.5    Technology landscape

3.6    Regulatory landscape

3.6.1    U.S.

3.6.2    Europe

3.7    Porter’s analysis

3.8    PESTEL analysis

Chapter 4   Competitive Landscape, 2022

4.1    Introduction

4.2    Competitive analysis of major market players

4.3    Competitive positioning matrix

4.4    Strategic outlook matrix

Chapter 5   Healthcare Laboratory Informatics Market, By Product

5.1    Key segmental trends

5.2    Laboratory information management system (LIMS)

5.2.1    Market size, by region, 2018 - 2032 (USD Million)

5.3    Electronic lab notebook (ELN)

5.3.1    Market size, by region, 2018 - 2032 (USD Million)

5.4    Scientific data management system (SDMS)

5.4.1    Market size, by region, 2018 - 2032 (USD Million)

5.5    Chromatography data system (CDS)

5.5.1    Market size, by region, 2018 - 2032 (USD Million)

5.6    Laboratory execution system (LES)

5.6.1    Market size, by region, 2018 - 2032 (USD Million)

5.7    Others

5.7.1    Market size, by region, 2018 - 2032 (USD Million)

Chapter 6   Healthcare Laboratory Informatics Market, By Deployment

6.1    Key segmental trends

6.2    On premise

6.2.1    Market size, by region, 2018 - 2032 (USD Million)

6.3    Cloud based

6.3.1    Market size, by region, 2018 - 2032 (USD Million)

Chapter 7   Healthcare Laboratory Informatics Market, By Component

7.1    Key segmental trends

7.2    Services

7.2.1    Market size, by region, 2018 - 2032 (USD Million)

7.3    Software

7.3.1    Market size, by region, 2018 - 2032 (USD Million)

Chapter 8   Healthcare Laboratory Informatics Market, By End-use

8.1    Key segmental trends

8.2    Biotech companies

8.2.1    Market size, by region, 2018 - 2032 (USD Million)

8.3    Pharmaceuticals

8.3.1    Market size, by region, 2018 - 2032 (USD Million)

8.4    Clinical

8.4.1    Market size, by region, 2018 - 2032 (USD Million)

8.5    Others

8.5.1    Market size, by region, 2018 - 2032 (USD Million)

Chapter 9   Healthcare Laboratory Informatics Market, By Region

9.1    Key regional trends

9.2    North America

9.2.1    Market size, by country, 2018 - 2032 (USD Million)

9.2.2    Market size, by product, 2018 - 2032 (USD Million)

9.2.3    Market size, by deployment, 2018 - 2032 (USD Million)

9.2.4    Market size, by component, 2018 - 2032 (USD Million)

9.2.5    Market size, by end-use, 2018 - 2032 (USD Million)

9.2.6    U.S.

9.2.6.1   Market size, by product, 2018 - 2032 (USD Million)

9.2.6.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.2.6.3   Market size, by component, 2018 - 2032 (USD Million)

9.2.6.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.2.7    Canada

9.2.7.1   Market size, by product, 2018 - 2032 (USD Million)

9.2.7.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.2.7.3   Market size, by component, 2018 - 2032 (USD Million)

9.2.7.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.3    Europe

9.3.1    Market size, by country, 2018 - 2032 (USD Million)

9.3.2    Market size, by product, 2018 - 2032 (USD Million)

9.3.3    Market size, by deployment, 2018 - 2032 (USD Million)

9.3.4    Market size, by component, 2018 - 2032 (USD Million)

9.3.5    Market size, by end-use, 2018 - 2032 (USD Million)

9.3.6    UK

9.3.6.1   Market size, by product, 2018 - 2032 (USD Million)

9.3.6.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.3.6.3   Market size, by component, 2018 - 2032 (USD Million)

9.3.6.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.3.7    Germany

9.3.7.1   Market size, by product, 2018 - 2032 (USD Million)

9.3.7.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.3.7.3   Market size, by component, 2018 - 2032 (USD Million)

9.3.7.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.3.8    France

9.3.8.1   Market size, by product, 2018 - 2032 (USD Million)

9.3.8.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.3.8.3   Market size, by component, 2018 - 2032 (USD Million)

9.3.8.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.3.9    Spain

9.3.9.1   Market size, by product, 2018 - 2032 (USD Million)

9.3.9.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.3.9.3   Market size, by component, 2018 - 2032 (USD Million)

9.3.9.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.3.10    Italy

9.3.10.1    Market size, by product, 2018 - 2032 (USD Million)

9.3.10.2    Market size, by deployment, 2018 - 2032 (USD Million)

9.3.10.3    Market size, by component, 2018 - 2032 (USD Million)

9.3.10.4    Market size, by end-use, 2018 - 2032 (USD Million)

9.4    Asia Pacific

9.4.1    Market size, by country, 2018 - 2032 (USD Million)

9.4.2    Market size, by product, 2018 - 2032 (USD Million)

9.4.3    Market size, by deployment, 2018 - 2032 (USD Million)

9.4.4    Market size, by component, 2018 - 2032 (USD Million)

9.4.5    Market size, by end-use, 2018 - 2032 (USD Million)

9.4.6    China

9.4.6.1   Market size, by product, 2018 - 2032 (USD Million)

9.4.6.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.4.6.3   Market size, by component, 2018 - 2032 (USD Million)

9.4.6.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.4.7    India

9.4.7.1   Market size, by product, 2018 - 2032 (USD Million)

9.4.7.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.4.7.3   Market size, by component, 2018 - 2032 (USD Million)

9.4.7.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.4.8    Japan

9.4.8.1   Market size, by product, 2018 - 2032 (USD Million)

9.4.8.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.4.8.3   Market size, by component, 2018 - 2032 (USD Million)

9.4.8.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.4.9    Australia

9.4.9.1   Market size, by product, 2018 - 2032 (USD Million)

9.4.9.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.4.9.3   Market size, by component, 2018 - 2032 (USD Million)

9.4.9.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.5    Latin America

9.5.1    Market size, by country, 2018 - 2032 (USD Million)

9.5.2    Market size, by product, 2018 - 2032 (USD Million)

9.5.3    Market size, by deployment, 2018 - 2032 (USD Million)

9.5.4    Market size, by component, 2018 - 2032 (USD Million)

9.5.5    Market size, by end-use, 2018 - 2032 (USD Million)

9.5.6    Brazil

9.5.6.1   Market size, by product, 2018 - 2032 (USD Million)

9.5.6.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.5.6.3   Market size, by component, 2018 - 2032 (USD Million)

9.5.6.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.5.7    Mexico

9.5.7.1   Market size, by product, 2018 - 2032 (USD Million)

9.5.7.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.5.7.3   Market size, by component, 2018 - 2032 (USD Million)

9.5.7.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.6    Middle East & Africa

9.6.1    Market size, by country, 2018 - 2032 (USD Million)

9.6.2    Market size, by product, 2018 - 2032 (USD Million)

9.6.3    Market size, by deployment, 2018 - 2032 (USD Million)

9.6.4    Market size, by component, 2018 - 2032 (USD Million)

9.6.5    Market size, by end-use, 2018 - 2032 (USD Million)

9.6.6    South Africa

9.6.6.1   Market size, by product, 2018 - 2032 (USD Million)

9.6.6.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.6.6.3   Market size, by component, 2018 - 2032 (USD Million)

9.6.6.4   Market size, by end-use, 2018 - 2032 (USD Million)

9.6.7    Saudi Arabia

9.6.7.1   Market size, by product, 2018 - 2032 (USD Million)

9.6.7.2   Market size, by deployment, 2018 - 2032 (USD Million)

9.6.7.3   Market size, by component, 2018 - 2032 (USD Million)

9.6.7.4   Market size, by end-use, 2018 - 2032 (USD Million)

Chapter 10   Company Profiles

10.1    Competitive dashboard

10.2    Starlims

10.2.1    Business overview

10.2.2    Financial data

10.2.3    Product landscape

10.2.4    Strategic outlook

10.2.5    SWOT analysis

10.3    Agilent Technologies

10.3.1    Business overview

10.3.2    Financial data

10.3.3    Product landscape

10.3.4    Strategic outlook

10.3.5    SWOT analysis

10.4    Benchling, Inc.

10.4.1    Business overview

10.4.2    Financial data

10.4.3    Product landscape

10.4.4    Strategic outlook

10.4.5    SWOT analysis

10.5    LabVantage Solutions, Inc.

10.5.1    Business overview

10.5.2    Financial data

10.5.3    Product landscape

10.5.4    Strategic outlook

10.5.5    SWOT analysis

10.6    LabWare

10.6.1    Business overview

10.6.2    Financial data

10.6.3    Product landscape

10.6.4    Strategic outlook

10.6.5    SWOT analysis

10.7    LABLynx, Inc

10.7.1    Business overview

10.7.2    Financial data

10.7.3    Product landscape

10.7.4    Strategic outlook

10.7.5    SWOT analysis

10.8    PerkinElmer, Inc.

10.8.1    Business overview

10.8.2    Financial data

10.8.3    Product landscape

10.8.4    Strategic outlook

10.8.5    SWOT analysis

10.9    Tech Mahindra

10.9.1    Business overview

10.9.2    Financial data

10.9.3    Product landscape

10.9.4    Strategic outlook

10.9.5    SWOT analysis

10.10    Thermo Fisher Scientific

10.10.1    Business overview

10.10.2    Financial data

10.10.3    Product landscape

10.10.4    Strategic outlook

10.10.5    SWOT analysis

10.11    Waters Corporation

10.11.1    Business overview

10.11.2    Financial data

10.11.3    Product landscape

10.11.4    Strategic outlook

10.11.5    SWOT analysis

Don't see your key competitors?

The companies listed in this report are a curated selection - not the full competitive universe.

Our market revenue calculations use a bottom-up methodology that accounts for all players across all regions - including manufacturers, distributors, and specialists not individually profiled. The profiles section spotlights strategically significant players; it does not define the scope of our market sizing.

Your competitive landscape may also include

Regional or domestic-only leaders not in the global top tier
Distributors and channel partners who control market access
Emerging disruptors, startups, or adjacent-industry entrants
Niche players focused on a specific application or end-use

Free customization - up to 20% of report value

Need specific data? Request customization and get the insights tailored to your exact requirements.

Authors: Monali Tayade, Jignesh Rawal

For inquiries regarding discounts, bulk purchases, or customization requests, please contact us at [email protected]

Explore Our Licensing Options:

Starting at: $2,450

Premium Report Details

Base Year: 2022

Companies covered: 10

Tables & Figures: 224

Countries covered: 15

Pages: 140

Download Free PDF

img

Healthcare Laboratory Informatics Market

Get a free sample of this report
country Flag
+1
img
Get a free sample of this report Healthcare Laboratory Informatics Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Your personal details will remain secure and confidential.

Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!