Market - Global Opportunity
Analysis and Industry
Laboratory Informatics Market -2018-2023
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Meticulous Research®, leading global market research company published a research report
titled “Laboratory Informatics Market by Product (LIMS, ELN, LES, EDC, ECM, CDMS, SDMS),
Component (Services, Software), Delivery (On-Premise, Web, Cloud), End User (Pharma, Biotech,
MDx, Biobank, CRO, F&B, Oil, Gas, Petroleum, Chemical) – Global Forecast to 2023“.
According to this latest publication from Meticulous Research®, the laboratory informatics market will grow
at a CAGR of 6.5% from 2018 to 2023 to reach USD 3,531.2 million by 2023, driven by various factors
such as growing automation in laboratories; technological advancements in laboratory informatics
systems; growing need for regulatory compliance; and increasing demand in biobanks/biorepositories,
academic research institutes, and contract research organizations (CROs).
Emerging economies such as Latin America, Asia-Pacific, Middle East & Africa provides significant
potential for growth. Moreover, rapid adoption of cloud-based informatics provides immense growth
opportunities for various stakeholders in the laboratory informatics market.
The laboratory informatics market is mainly categorized by product (laboratory information management
systems (LIMS), electronic laboratory notebook (ELN), chromatography data systems (CDS), electronic
data capture (EDC) & clinical data management systems (CDMS), laboratory execution system (LES),
enterprise content management (ECM), and scientific data management systems (SDMS), mode of
delivery (on-premise solutions,cloud-based solutions, and web-based solutions), component (services and
software), end user (life sciences industry, chemical testing laboratories, food & beverage and agriculture
industries, petrochemical and oil & gas industries, and others), and by geography.