North America to Dominate Laboratory Information System Market until 2025
Rising prevalence of chronic
diseases and surging need for laboratory automation across the globe to drive
the growth of global laboratory information system market
According
to TechSci Research report, “Global
Laboratory
Information System Market By Product (Standalone
LIS, Integrated LIS), By Component (Services, Software), By Delivery Mode
(On-Premises, Cloud-Based), By End-user (Hospital Labs, Independent Labs,
Physician Office Laboratories, Others), By Region, Forecast &
Opportunities, 2025”, global laboratory information system market is
expected to witness robust CAGR during the forecast period. Growing requirement
for laboratory automation is
one of the major factors accounting for the growth of global
laboratory information system market. Moreover, development of integrated laboratory
information systems is expected to bode well for the growth of global
laboratory information system market through the forecast period. In addition
to this, rising support for disease treatment methods and research by the
governments across various economies is also anticipated to fuel the demand for
associated technologies and solutions, thereby positively influencing the
growth of global laboratory information system market. Also, laboratory
information systems offers several benefits such delivering fast and accurate
subtyping for diseases, decrease redundancy and costs, providing quick access
to cancer data, and facilitating data collection and then integrating it through
various types of instruments and systems, thereby fueling the growth of this
market. However, there are certain factors that might hamper the growth of
global laboratory information system market over the coming years such as high
maintenance and service costs associated with laboratory information systems.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Global Laboratory
Information System Market "
https://www.techsciresearch.com/report/laboratory-information-system-market/4734.html
Global
laboratory information system market can be segmented based on product,
component, delivery mode, end user, company, and region. Considering the component,
the market is fragmented into services and software. The services segment dominated
the global laboratory information system market in terms of largest market
share until 2019 and is further anticipated to maintain its dominance during
the forecast period as well, which can be accredited to their indispensable
nature as well as repetitive requirement. Moreover, the end users depend on
service providers for consulting, implementing services, data storage, maintenance,
training, and regular upgrades of solutions, which is further anticipated to boost
the segmental growth over the coming years. In terms of end user, the market is
categorized into hospital labs, independent labs, physician office
laboratories, others. Out of these, the hospital labs segment is forecast to
grow at a high CAGR in the years to come, owing to increasing adoption of laboratory
information systems in hospitals for reducing the waiting time for patients and
improve the overall quality of diagnostics.
LabVantage,
Abbott Laboratories, LabWare, McKesson Corporation, Thermo Fisher Scientific,
LabLyn, Computing Solutions, Labworks LLC, Siemens, Dassault Systemes, Orchard
Software Corporation, Sunquest Information Systems Inc., Cerner Corporation,
Computer Programs and Systems, Inc., CompuGroup Medical AG, Meditech, Epic
Systems Corporation, Schuyler House, LabHealth, American Soft Solutions Corp are
among others are the leading players operating in global laboratory information
system market. The players are adopting several growth strategies to enhance
the market scenario of laboratory information system. Other competitive
strategies include product launches; mergers & acquisitions; agreements,
partnerships, and collaborations; and expansions to diversify their product
portfolio to strengthen their market position.
download
sample report @
https://www.techsciresearch.com/sample-report.aspx?cid=4734
customers can also
request for 10% free customization on this report.
“North America is forecast to dominate the global laboratory information
system market during the next five years on account of presence of several
major players in the United States. Furthermore, increased reimbursements for
pathology procedures is also contributing to the growing trend. Additionally, growing
cases of cancer in the region are further anticipated to fuel the market over
the coming years.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Laboratory Information System Market By
Product (Standalone LIS, Integrated LIS), By Component (Services, Software), By
Delivery Mode (On-Premises, Cloud-Based), By End-user (Hospital Labs,
Independent Labs, Physician Office Laboratories, Others), By Region, Forecast
& Opportunities, 2025” has
evaluated the future growth potential of global laboratory information system
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global laboratory
information system market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]