DUBLIN--(BUSINESS WIRE)--The "Laboratory Information Management Systems - Worldwide Markets to 2023" report has been added to ResearchAndMarkets.com's offering.
The global Laboratory Information Management System Market is expected to witness a CAGR of 10% over the forecast period of 2018-2023.
Rising Demand for Bio-Banking
There has been an explosive growth in the number of samples generated for research and analysis purposes due to the rising epidemic of the life-threatening diseases. Similarly, a significant rise in the focus on high quality of samples and efficient management of the same has become a great point of concern. This rise in the sample is pushing the researchers in cost pressure, managing regulatory issues, storage issues and so on.
For the sake of better management of these samples, bio-banks are continuously taking efforts. The LIMS helps bio-banks in the management and tracking of the samples that are generated within the framework of clinical trials, cohort projects, various biological studies and specific protocols. In addition, the LIMS also plays a key role in advancing the discoveries with the provision of concerned biospecimens to the end users such as hospitals, clinics etc.
Owing to the increase in chronic diseases and mortality associated with the same, biobanking is rapidly growing and researchers are focusing on novel discoveries that can prevent or treat diseases. Therefore, biobanking has got big demand and ultimately, for the management of biobanking, LIMS is being used which is becoming the fueling factor for LIMS market. Along with that, other factors driving the market include increasing focus on improvisation of laboratory and technological advancements in LIMS offerings.
Key Highlights
- Cost Associated with the Implementation of Laboratory Information Management System Solutions
- North America Holds the Largest Share in the Market
Major Developments in the Market
- Thermo Fisher Scientific had completed the acquisition of Patheon.
Companies Profiled
- Abbott Laboratories
- LabVantage
- LabWare
- McKesson Corporation
- Thermo Fisher Scientific
- Lablynx
- Computing Solutions
- Labworks LLC
- Siemens
- Dassault Systmes
Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Market Dynamics
7. Market Segmentation
8. Company Profiles and Competitive Landscape
9. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/x737kw/laboratory?w=4
