Industrial, Manufacturing & Heavy Industry Market News

Laboratory informatics market projected to reach USD 3.16 billion by 2022 according to new research report

Study estimates laboratory informatics market for 2017 & projects its demand till 2022. This research study involved extensive use of secondary sources; directories; databases such as Hoovers, Bloomberg Business, Factiva, and OneSource; white papers; annual reports; company house documents; & SEC filings of companies. Secondary research was mainly used to identify & collect information useful for the extensive, technical, market-oriented, & commercial study of global market.

- Agency -.

The global laboratory informatics market is projected to reach USD 3.16 billion by 2022 from USD 2.32 billion in 2017, at a CAGR of 6.4% during the forecast period. The need for lab automation, technological advancements, rising pressure to comply with regulatory standards, and growing demand in bio banks/bio repositories, academic research institutes, and CROs are the major factors driving the growth of the laboratory informatics market.

Complete Report on Laboratory Informatics Market spread across 239 Pages, Profiling 15 Companies and Supported with 199 Tables and 38 Figures is now available at www.rnrmarketresearch.com/laborato…arket-report.html .

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

- Agency -.

In 2017, pharmaceutical and biotechnology companies are expected to account for largest market share of market.

Target Audience for this Report:

  • Laboratory informatics vendors
  • Healthcare IT service providers
  • Research and consulting firms
  • Pharmaceutical and biotechnology companies
  • Process industries
  • Venture capitalists
  • Government agencies
  • Academic research institutes

The global laboratory informatics market, by component segmented into services & software. In 2017, services are expected to account for largest market share & are expected to witness high growth during forecast period.

Growth in this segment can be attributed to technological advancements in solution offerings by various vendors, increasing adoption of cloud-based solutions, growing need for consulting services, and the recurring nature of services.

Report at

www.rnrmarketresearch.com/contacts…ple?rname=1187401 .

Dominance of North American market is attributed to strong economies in US and Canada, which have allowed for significant investments in new technologies, growing demand for integration of laboratory systems, rising government funding for research, need for early drug discovery, easy availability of laboratory informatics products and services, and stringent regulatory requirements across industries.

Research is Useful for Following Industry

  • Life Sciences
  • Pharmaceutical and biotechnology companies
  • Biobanks/biorepositories
  • Molecular and clinical diagnostics
  • Academic research institutes
  • Petrochemical refineries & oil and gas
  • Chemical industry
  • Food beverage & agriculture industries
  • Environmental testing laboratories
  • Other industries*

The market is diversified and highly competitive, with a large number of players competing for market space, including mid-tier companies and startup firms. Thermo Fisher Scientific, Inc. (US), LabWare (US), LabVantage Solutions, Inc.

(US), Abbott Informatics (US), Waters (US), Agilent Technologies (US), IDBS (UK), PerkinElmer Inc. (US), Autoscribe Informatics (UK), Arxspan LLC (US), Dassault Systèmes (France), RURO Inc.

(US), Kinematik (Ireland), LabLynx, Inc. (US), and LABWORKS (US) are prominent players in the global laboratory informatics market.

Report: www.rnrmarketresearch.com/contacts/?rname=1187401 .

The global laboratory informatics market, by component is segmented into services and software. In 2017, services are expected to account for the largest market share and are expected to witness high growth during the forecast period.

. Growth in this segment can be attributed to the technological advancements in solution offerings by various vendors, increasing adoption of cloud-based solutions, growing need for consulting services, and the recurring nature of services.

News From

RnR Market Research - Market Research and Competitive Analysis ReportsRnR Market Research
Category: Market Research Publishers and RetailersCompany profile: RnRMarketResearch.com is an online database of market research reports offers in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.