Emerging Laboratory Informatics Market Research Trends: A Comprehensive Analysis

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The global laboratory informatics market size is expected to reach USD 4.21 Billion at a steady revenue CAGR of 6.5% in 2028, according to latest analysis by Emergen Research. Laboratory informatics market revenue growth is expected to be continued to be driven by factors including rising need for more cost-effective laboratory automation solutions and increasing adoption of laboratory information management systems in bio-banks or bio-repositories. In addition, constantly evolving technological advancements in software solutions for laboratory informatics and rising need to comply with regulatory standards are other major factors expected to boost revenue growth of the global laboratory informatics market during the forecast period.

The Laboratory Informatics report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.

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Competitive Terrain:

The global Laboratory Informatics industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Agilent Technologies, Inc., Dassault Systèmes SE, LabLynx, Inc., Thermo Fisher Scientific, Inc., LabVantage Solutions, Inc., Cerner Corporation, McKesson Corporation, PerkinElmer, Inc., Accelerated Technology Laboratories, Inc., and Waters Corporation

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Laboratory Informatics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Laboratory Informatics market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Laboratory Informatics market.

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Market Segmentations of the Laboratory Informatics Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Laboratory Informatics market on the basis of product, application, and region:

Segments Covered in this report are:

Component Outlook (Revenue, USD Billion; 2018-2028)
- Software
- Services

Deployment Outlook (Revenue, USD Billion; 2018-2028)
- Cloud-based
- On-premises
- Web-hosted

Solution Outlook (Revenue, USD Billion; 2018-2028)
- Electronic Lab Notebooks
- Laboratory Information Management Systems
- Scientific Data Management Systems
- Electronic Data Capture
- Laboratory Execution Systems
- Clinical Data Management Systems
- Enterprise Content Management
- Chromatography Data Systems