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Top trends in laboratory informatics market explored in latest research

Top trends in laboratory informatics market explored in latest research

The global laboratory informatics market is expected to reach USD 2.97 billion by 2021 from an estimated value of USD 2.20 billion in 2016, growing at a CAGR of 6.2% during the forecast period.

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The report provides an overview of laboratory informatics solution across various industries. It aims at estimating the market size and future growth potential of this market across different segments such as type of solutions, component, delivery model, industry, end user, and regions. Report also helps stakeholders understand pulse of market and provides them with information regarding key market drivers, restraints, challenges, and opportunities.

Laboratory informatics market for life science industries is segmented into pharmaceutical and biotechnology companies, bio banks & bio repositories, molecular diagnostics & clinical research laboratories, contract services organizations (CROs and CMOs), & academic research institutes.

The laboratory informatics market in this report is segmented on the basis of product type, deployment model, component, industry, and region. 

Company Profiles (Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis)

  1. Thermo Fisher Scientific, Inc.
  2. Labvantage Solutions, Inc.
  3. Labware, Inc.
  4. Abbott Informatics (A Subsidiary of Abbott Laboratories)
  5. Perkinelmer, Inc.
  6. Waters Corporation
  7. Agilent Technologies, Inc.
  8. ID Business Solutions Ltd.
  9. Core Informatics, LLC
  10. Lablynx, Inc.

In the life sciences industry, improving FDA approval levels and a positive sales outlook are allowing pharmaceutical companies to allocate more capital to R&D spending.

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Asia is projected to be the fastest-growing region during the forecast period.

Factors such as increasing R&D activities and the development of supporting infrastructure in research laboratories have generated a demand for laboratory informatics solutions in Asia.

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In North America, the U.S. is one of the most dominant markets for laboratory informatics due to its well-established economy and financial ability to deploy such technologies. Increasing R&D expenditure for the efficient management of data generated from increased R&D activities is another key factor driving the adoption of laboratory informatics solutions in this country.

Introduction

1 Objectives of the Study

2 Market Definition

3 Market Scope

4 Markets Covered

5 Years Considered for the Study

6 Currency

7 Limitations

8 Market Stakeholders

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The report provides market share analysis and competitive landscape insights that cover the growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted.

This market research data, current market sizes, and forecast of future trends will help key players and new entrants make decisions regarding product offerings, geographical focus, changes in strategic approach,R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

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