LIMS Market size and Key Trends in terms of volume and value 2016-2026

LIMS Market size and Key Trends in terms of volume and
value 2016-2026
November 2016
Report Id : REP-GB-1636
Status : Ongoing
Category : Healthcare, Pharmaceuticals & Medical Devices
©2015 Future Market Insights, All Rights Reserved
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Research Methodology (1/2)
Systematic Research Approach
1
Market profiling
2
Formulating discussion guide
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Developing list of respondents
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In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
5
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Data analysis
Insights
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Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection
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Research &
Intelligence
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Actionable
Insights
A
Primary
Research
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B
SOLUTION
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Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #
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Linkedin
Zoominfo
Salesforce
Avention
Business
Solution
Desk
Research
C
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Company
Analysis
Secondary Research #
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Company websites
Company annual
reports
White papers
Financial reports
Paid Publications#
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Factiva
GBI
Genios
Meltwater
# includes sources of databases
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Global LIMS Market
LIMS Market size and Key Trends in terms of volume and value 2016-2026
Rise in the advanced technologies and rapid innovations healthcare information technology (IT) enables unlock
potential for the companies which are striving in healthcare information technology. Laboratory Information
Management System (LIMS) have become important tool for moving the information, gathering, decision
making, calculation, review, and release the process away from the office and into work place. LIMS is a
software based laboratory and information management system which enables support modern laboratory
operations. LIMS has its broad range of applications in various fields such as Environmental science,
Pharmaceuticals, Petrochemicals. LIMS has provides its applications in sample management, data mining, data
analysis, and electronic laboratory network. In pharmaceutical industry LIMS provides enormous applications
such as test library included as standard functionality, dissolution, disintegration, dosage uniformity, drug
release, product assays and stability module that simplifies stability studies. Biotechnological applications, LIMS
assists Research and Development labs by integrating with instrumentation to provide automation to
microarrays, gel electrophoresis, gene expression profiling etc. There is a significant difference between LIMS
and LIS. LIMS is aimed to process and report data related to batches of samples from biology labs, drug trails,
water treatment facilities. LIS designed for process and report the data related to individual patients. Global
LIMS market is expected to exhibit a significant CAGR as well as annual growth over the forecast period.
LIMS Market: Drivers and restraints
Global Laboratory Information Management System market can be influenced by following factors, LIMS
provides wide range of applications to biopharmaceutical companies to address the key challenges in drug
development process.
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Global LIMS Market
Due to applications pharmaceutical companies inclined towards LIMS. Laboratories adopted advanced technologies in
order to maintain precision and robust functionality specific for bio analysis, in vitro ADME experiments, and discovery
R&D and QA/QC R&D. Key restraints include lack skilled professionals to manage advanced technology is major
bottleneck for global LIMS market.
LIMS Market: Segmentation
Global Laboratory Information Management System (LIMS) Market can be segmented as following types
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By Product
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Software
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Hardware
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Services
By Delivery Mode
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On premise
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Cloud Based
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Global LIMS Market
By End User
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Pharmaceutical Industry
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Biotechnology Industry
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Hospitals
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Research centers
LIMS Market: Overview
Global LIMS market is gaining huge traction due to increasing the demand of LIMS in biopharmaceutical companies and
laboratories due to its efficiency and effectiveness. Technological advancements in the laboratory system enables to
make significant changes in the market. The LIMS market expected to account a lucrative market as well as robust
growth rates over the forecasted period.
LIMS Market: Region-Wise Outlook
Laboratory Information Management System (LIMS) market is segmented into seven key regions: Those are North
America, Latin America, Eastern Europe, Western Europe, and Asia pacific excluding japan, Japan, Middle East and
Africa.
North America dominating the LIMS market due to increased awareness among the people towards the innovative
technologies to maintain laboratory information. Asian Pacific region market is considered to rapidly evolving healthcare
infrastructure, the region is anticipated to unlock the potential of LIMS market over the forecast period.
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Global LIMS Market
LIMS Market: Key players
Some of the key players in LIMS Market are Thermo fisher Scientific, Inc., Siemens SA, Perkin Elmer Inc.,
Labware, Star LIMS (Abbott Laboratories. Abbott Park, U.S.A), Genologics (Illumina, Inc.), Promium LLc.
LabLynx Inc., Autoscribe Informatics, Novatek International, Core Informatics etc.
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