DUBLIN--(BUSINESS WIRE)--The "Global LIMS Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Global LIMS market is expected to reach USD 1,155.67 million by 2025 from USD 650.70 million in 2017, at a CAGR of 7.7 % in the forecast period 2018 to 2025. The report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The global LIMS market is segmented on the basis of component into services and software. In 2018, service is expected to dominate the LIMS market with 67.1% market share and is expected to reach 795.49 million by 2025, growing at the highest CAGR of 8.1% in the forecast period 2018 to 2025.
Market Dynamics
Drivers
- Growing Use of LIMS to Comply With Stringent Regulatory Requirements
- Rising Need For Adoption of LIMS in Various Industries
- Technological Advancements in LIMS Services
Restraints
- High Cost of LIMS Product and Services
- Lack of Integration Standards For LIMS
Opportunities
- Growth in Emerging Markets
- Cloud-Based LIMS Offer Growth Opportunities
Challenges
- Interfacing of LIMS With Other Laboratory Systems
- Lack of Skilled Professionals
Key Players
- Thermo Fisher Scientific
- Siemens AG
- Abbott
- McKesson Corporation
- Roper Technologies Inc.
- IBM Corporation
- Illumina, Inc.
- Shimadzu Corporation
- LabWare
- Labworks
Key Topics Covered
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global Laboratory Information Management Systems (LIMS) Market, By Component
7. Global Laboratory Information Management Systems (LIMS) Market, By Product Type
8. Global Laboratory Information Management Systems (LIMS) Market, By Delivery
9. Global Laboratory Information Management Systems (LIMS) Market, By Industry Type
10. Global Laboratory Information Management Systems (LIMS) Market, By Geography
11. Global Laboratory Information Management Systems (LIMS) Market, Company Landscape
12. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/6qv87r/global_1_15?w=4