Laboratory Informatics Market By Product, Delivery Mode, Component And End User - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 100 Category: Biotechnology Report Code : HC05740
Industry Outlook and Trend Analysis
The Laboratory Informatics Market was worth USD 1.97 billion in 2017 and is expected to reach approximately USD 3.51 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.63% during the forecast period. Rising demand for laboratory automation is anticipated to boost the adoption in coming years. Information produced by labs has drastically ascended in recent decades attributable to rising innovative progressions in molecular genomics and genetic testing practices. Additionally, the switch of inclination toward personalized prescription, cancer genomics studies, and expanding requirement of patient engagement is anticipated to upsurge the interest for lab automation systems.
Product Outlook and Trend Analysis
Laboratory Information Management Systems (LIMS) captured the prevailing share in 2017. These systems incorporate reporting of sample lifecycle, system & security administration, inventory, storage capacity & logistics, master data management, schedules, instruments and analytical workflow. The demand for completely coordinated services in life sciences and research sectors to reduce data management errors and qualitative analysis of research data is anticipated to boost the fragment development in coming years.
Delivery Mode Outlook and Trend Analysis
Cloud-based lab informatics solutions represented the biggest income share and are foreseen to keep up its predominance all through the figure time frame. Cloud-based technology helps in putting away a lot of information remotely to permit free space on devices and encourage information recovery as per customer needs. The technology contains three administrations including Software as a Service (SaaS), Platform as a Service (PaaS), and Platform as a Service (PaaS).
Component Outlook and Trend Analysis
Services section enrolled the biggest income share in 2017 and is expected to keep up its position. Rise in outsourcing of LIMS solutions is contributing toward its development. As expansive pharmaceutical research labs need assets and skill set required for organization of investigation, these administrations are outsourced by them. Software section is anticipated to reflect lucrative development because of the accessibility of mechanically advanced programming, for example, SaaS, which offers compelling data administration answers for labs.
End User Outlook and Trend Analysis
The life sciences industry was the biggest end-use section and represented a share of more than 28.4% in 2017. The interest for laboratory informatics is expanding in the life sciences industry to improve product quality, enhance develop innovative products and operational effectiveness. CROs portion is anticipated to display productive development amid the figure time frame because of the expanding pattern of outsourcing.
Regional Outlook and Trend Analysis
North America local market represented the biggest income share in 2017. The significant factors adding to the development of this district are the approaches supporting the sending of laboratory information systems and accessibility of foundation with high computerized proficiency. Also, the prospering healthcare cost combined with the heightening pressure to bend the cost curve brought about expanded appropriation of LIMS in this district.
Competitive insights
The leading players in the market are Labvantage, LabWare, Waters Corporation, PerkinElmer, Agilent Technologies, McKesson Corporation, Abbott, LabLynx, Core Informatics and Thermo Fisher Scientific. The market is exceptionally divided with numerous market players. This prompts high competition in smaller market players to maintain their position. Technologically propelled platforms created by the organizations, for example, Software as a Service (SaaS), propelled products with the more prominent utility to pick up an edge over contenders.
The Laboratory Informatics Market is segmented as follows-
By Product:
- Electronic Lab Notebooks (ELN)
- Laboratory Execution Systems (LES)
- Chromatography Data Systems (CDS)
- Laboratory Information Management Systems (LIMS)
- Scientific Data Management Systems (SDMS)
- Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)
- Enterprise Content Management (ECM)
By Delivery Mode:
- Web-hosted
- On-premise
- Cloud-based
By Component:
- Services
- Software
By End User:
- CROs
- Food and Beverage and Agriculture Industries
- Petrochemical Refineries & Oil and Gas Industry
- Life Sciences
- Chemical Industry
- Environmental Testing Laboratories
- Other Industries
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Laboratory Informatics Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
· LIMS
· ELN
· SDMS
· LES
· EDS & CDMS
· CDS
· ECM
· Laboratory Informatics Market, By Delivery Mode, Estimates and Forecast, 2014-2023 ($Million)
· On-premise
· Web-hosted
· Cloud-based
· Laboratory Informatics Market, By Component, Estimates and Forecast, 2014-2023 ($Million)
· Software
· Services
· Laboratory Informatics Market, By End User, Estimates and Forecast, 2014-2023 ($Million)
· Life Sciences Companies
· CROs
· Chemical industry
· Food & Beverage and Agriculture Industries
· Petrochemical Refineries & Oil and Gas Industry
· Other End Users
· Laboratory Informatics Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
o North America
§ North America Laboratory Informatics Market, By Country
o U.S. Laboratory Informatics Market
o Canada Laboratory Informatics Market
o Mexico Laboratory Informatics Market
o Europe
§ Europe Laboratory Informatics Market, By Country
o Germany Laboratory Informatics Market
o UK Laboratory Informatics Market
o France Laboratory Informatics Market
o Russia Laboratory Informatics Market
o Italy Laboratory Informatics Market
o Rest of Europe Laboratory Informatics Market
o Asia-Pacific
§ Asia-Pacific Laboratory Informatics Market, By Country
o China Laboratory Informatics Market
o Japan Laboratory Informatics Market
o South Korea Laboratory Informatics Market
o India Laboratory Informatics Market
o Southeast Asia Laboratory Informatics Market
o Rest of Asia-Pacific Laboratory Informatics Market
o South America
§ South America Laboratory Informatics Market
o Brazil Laboratory Informatics Market
o Argentina Laboratory Informatics Market
o Columbia Laboratory Informatics Market
o South Africa Laboratory Informatics Market
o Rest of South America Laboratory Informatics Market
o Middle East and Africa
§ Middle East and Africa Laboratory Informatics Market
o Saudi Arabia Laboratory Informatics Market
o UAE Laboratory Informatics Market
o Egypt Laboratory Informatics Market
o Nigeria Laboratory Informatics Market
o South Africa Laboratory Informatics Market
o Rest of MEA Laboratory Informatics Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Demand for Lab Automation Activities
3.2.1.2. Increasing Burden From Regulatory Authorities
3.2.2. Restraints
3.2.2.1. Lack of Integration Standards for Laboratory Informatics
3.2.3. Opportunities
3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Laboratory Informatics Market, By Product
5.1. Introduction
5.2. Global Laboratory Informatics Sales, Revenue and Market Share by Product (2017-2017)
5.2.1. Global Laboratory Informatics Sales and Sales Share by Product (2017-2017)
5.2.2. Global Laboratory Informatics Revenue and Revenue Share by Product (2017-2017)
5.3. Laboratory Informatics Market Assessment and Forecast, By Product, 2017-2023
5.4. LIMS
5.4.1. Global LIMS Sales and Growth Rate (2017-2027)
5.5. ELN
5.5.1. Global ELN Sales and Growth Rate (2017-2027)
5.6. SDMS
5.6.1. Global SDMS Sales and Growth Rate (2017-2027)
5.7. LES
5.7.1. Global LES Sales and Growth Rate (2017-2027)
5.8. EDS & CDMS
5.8.1. Global EDS & CDMS Sales and Growth Rate (2017-2027)
5.9. CDS
5.9.1. Global CDS Sales and Growth Rate (2017-2027)
5.10. ECM
5.10.1. Global ECM Sales and Growth Rate (2017-2027)
6. Laboratory Informatics Market, By Delivery Mode
6.1. Introduction
6.2. Global Laboratory Informatics Sales, Revenue and Market Share by Delivery Mode (2017-2017)
6.2.1. Global Laboratory Informatics Sales and Sales Share by Delivery Mode (2017-2017)
6.2.2. Global Laboratory Informatics Revenue and Revenue Share by Delivery Mode (2017-2017)
6.3. Laboratory Informatics Market Assessment and Forecast, By Delivery Mode 2017-2023
6.4. On-premise
6.4.1. Global On-premise Sales and Growth Rate (2017-2027)
6.5. Web-hosted
6.5.1. Global Web-hosted Sales and Growth Rate (2017-2027)
6.6. Cloud-based
6.6.1. Global Cloud-based Sales and Growth Rate (2017-2027)
7. Laboratory Informatics Market, By Component
7.1. Introduction
7.2. Global Laboratory Informatics Sales, Revenue and Market Share by Component (2017-2017)
7.2.1. Global Laboratory Informatics Sales and Sales Share by Component (2017-2017)
7.2.2. Global Laboratory Informatics Revenue and Revenue Share by Component (2017-2017)
7.3. Laboratory Informatics Market Assessment and Forecast, By Component 2017-2023 ($Million)
7.4. Software
7.4.1. Global Software Sales and Growth Rate (2017-2027)
7.5. Services
7.5.1. Global Services Sales and Growth Rate (2017-2027)
8. Laboratory Informatics Market, By End-User
8.1. Introduction
8.2. Global Laboratory Informatics Sales, Revenue and Market Share by End-User (2017-2017)
8.2.1. Global Laboratory Informatics Sales and Sales Share by End-User (2017-2017)
8.2.2. Global Laboratory Informatics Revenue and Revenue Share by End-User (2017-2017)
8.3. Laboratory Informatics Market Assessment and Forecast, By End-User, 2017-2023 ($Million)
8.4. Life Sciences Companies
8.4.1. Global Cosmetics Sales and Growth Rate (2017-2027)
8.5. CROs
8.5.1. Global CROs Sales and Growth Rate (2017-2027)
8.6. Chemical industry
8.6.1. Global Chemical industry Sales and Growth Rate (2017-2027)
8.7. Food & Beverage and Agriculture Industries
8.7.1. Global Food & Beverage and Agriculture Industries Sales and Growth Rate (2017-2027)
8.8. Petrochemical Refineries & Oil and Gas Industry
8.8.1. Global Petrochemical Refineries & Oil and Gas Industry Sales and Growth Rate (2017-2027)
8.9. Other End Users
8.9.1. Global Other End Users Sales and Growth Rate (2017-2027)
9. Laboratory Informatics Market, By Region
9.1. Introduction
9.2. Global Laboratory Informatics Sales, Revenue and Market Share by Regions
9.2.1. Global Laboratory Informatics Sales by Regions (2017-2027)
9.2.2. Global Laboratory Informatics Revenue by Regions (2017-2027)
9.3. North America Laboratory Informatics by Countries
9.3.1. North America Laboratory Informatics Sales and Growth Rate (2017-2027)
9.3.2. North America Laboratory Informatics Revenue and Growth Rate (2017-2027)
9.3.3. North America Laboratory Informatics Sales by Countries (2017-2027)
9.3.4. North America Laboratory Informatics Revenue (Million USD) by Countries (2017-2027)
9.3.5. U.S.
9.3.5.1. United States Laboratory Informatics Sales and Growth Rate (2017-2027)
9.3.5.2. United States Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.3.6. Canada
9.3.6.1. Canada Laboratory Informatics Sales and Growth Rate (2017-2027)
9.3.6.2. Canada Laboratory Informatics Sales (Millions USD) and Growth Rate (2017-2027)
9.3.7. Mexico
9.3.7.1. Mexico Laboratory Informatics Sales and Growth Rate (2017-2027)
9.3.7.2. Mexico Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.4. Europe Laboratory Informatics by Countries
9.4.1. Europe Laboratory Informatics Sales and Growth Rate (2017-2027)
9.4.2. Europe Laboratory Informatics Revenue and Growth Rate (2017-2027)
9.4.3. Europe Laboratory Informatics Sales by Countries (2017-2027)
9.4.4. Europe Laboratory Informatics Revenue (Million USD) by Countries (2017-2027)
9.4.5. Germany
9.4.5.1. Germany Laboratory Informatics Sales and Growth Rate (2017-2027)
9.4.5.2. Germany Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.6. UK
9.4.6.1. UK Laboratory Informatics Sales and Growth Rate (2017-2027)
9.4.6.2. UK Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.7. France
9.4.7.1. France Laboratory Informatics Sales and Growth Rate (2017-2027)
9.4.7.2. France Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.8. Russia
9.4.8.1. Russia Laboratory Informatics Sales and Growth Rate (2017-2027)
9.4.8.2. Russia Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.9. Italy
9.4.9.1. Italy Laboratory Informatics Sales and Growth Rate (2017-2027)
9.4.9.2. Italy Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.10. Rest of Europe
9.4.10.1. Rest of Europe Laboratory Informatics Sales and Growth Rate (2017-2027)
9.4.10.2. Rest of Europe Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.5. Asia-Pacific
9.5.1. Asia-Pacific Laboratory Informatics Sales and Growth Rate (2017-2027)
9.5.2. Asia-Pacific Laboratory Informatics Revenue and Growth Rate (2017-2027)
9.5.3. Asia-Pacific Laboratory Informatics Sales by Countries (2017-2027)
9.5.4. Asia-Pacific Laboratory Informatics Revenue (Million USD) by Countries (2017-2027)
9.5.5. China
9.5.5.1. China Laboratory Informatics Sales and Growth Rate (2017-2027)
9.5.5.2. China Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.6. Japan
9.5.6.1. Japan Laboratory Informatics Sales and Growth Rate (2017-2027)
9.5.6.2. Japan Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.6.3.
9.5.7. Korea
9.5.7.1. Korea Laboratory Informatics Sales and Growth Rate (2017-2027)
9.5.7.2. Korea Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.8. India
9.5.8.1. India Laboratory Informatics Sales and Growth Rate (2017-2027)
9.5.8.2. India Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.9. Southeast Asia
9.5.9.1. Southeast Asia Laboratory Informatics Sales and Growth Rate (2017-2027)
9.5.9.2. Southeast Asia Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.10. Rest of Asia-Pacific
9.5.10.1. Rest of Asia-Pacific Laboratory Informatics Sales and Growth Rate (2017-2027)
9.5.10.2. Rest of Asia-Pacific Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.6. South America
9.6.1. South America Laboratory Informatics Sales and Growth Rate (2017-2027)
9.6.2. South America Laboratory Informatics Revenue and Growth Rate (2017-2027)
9.6.3. South America Laboratory Informatics Sales by Countries (2017-2027)
9.6.4. South America Laboratory Informatics Revenue (Million USD) by Countries (2017-2027)
9.6.5. Brazil
9.6.5.1. Brazil Laboratory Informatics Sales and Growth Rate (2017-2027)
9.6.5.2. Brazil Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.6.6. Argentina
9.6.6.1. Argentina Laboratory Informatics Sales and Growth Rate (2017-2027)
9.6.6.2. Argentina Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.6.7. Columbia
9.6.7.1. Columbia Laboratory Informatics Sales and Growth Rate (2017-2027)
9.6.7.2. Columbia Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.6.8. Rest of South America
9.6.8.1. Rest of South America Laboratory Informatics Sales and Growth Rate (2017-2027)
9.6.8.2. Rest of South America Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.7. Middle East and Africa
9.7.1. Middle East and Africa Laboratory Informatics Sales and Growth Rate (2017-2027)
9.7.2. Middle East and Africa Laboratory Informatics Revenue and Growth Rate (2017-2027)
9.7.3. Middle East and Africa Laboratory Informatics Sales by Countries (2017-2027)
9.7.4. Middle East and Africa Laboratory Informatics Revenue (Million USD) by Countries (2017-2027)
9.7.5. Saudi Arabia
9.7.5.1. Saudi Arabia Laboratory Informatics Sales and Growth Rate (2017-2027)
9.7.5.2. Saudi Arabia Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.6. United Arab Emirates
9.7.6.1. United Arab Emirates Laboratory Informatics Sales and Growth Rate (2017-2027)
9.7.6.2. United Arab Emirates Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.7. Egypt
9.7.7.1. Egypt Laboratory Informatics Sales and Growth Rate (2017-2027)
9.7.7.2. Egypt Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.8. Nigeria
9.7.8.1. Nigeria Laboratory Informatics Sales and Growth Rate (2017-2027)
9.7.8.2. Nigeria Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.9. South Africa
9.7.9.1. South Africa Laboratory Informatics Sales and Growth Rate (2017-2027)
9.7.9.2. South Africa Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.10. Rest of Middle East and Africa
9.7.10.1. Rest of Middle East and Africa Laboratory Informatics Sales and Growth Rate (2017-2027)
9.7.10.2. Rest of Middle East and Africa Laboratory Informatics Revenue (Millions USD) and Growth Rate (2017-2027)
10. Company Profiles
10.1. Thermo Fisher Scientific, Inc.
10.1.1. Business Overview
10.1.2. Delivery Mode Portfolio
10.1.3. Strategic Developments
10.1.4. Sales, Revenue and Market Share
10.2. LabWare Inc.
10.2.1. Business Overview
10.2.2. Delivery Mode Portfolio
10.2.3. Strategic Developments
10.2.4. Sales, Revenue and Market Share
10.3. Core Informatics, LLC
10.3.1. Business Overview
10.3.2. Delivery Mode Portfolio
10.3.3. Strategic Developments
10.3.4. Sales, Revenue and Market Share
10.4. Abbott Informatics Corporation
10.4.1. Business Overview
10.4.2. Delivery Mode Portfolio
10.4.3. Strategic Developments
10.4.4. Sales, Revenue and Market Share
10.5. LabVantage Solutions, Inc.
10.5.1. Business Overview
10.5.2. Delivery Mode Portfolio
10.5.3. Strategic Developments
10.5.4. Sales, Revenue and Market Share
10.6. LabLynx, Inc.
10.6.1. Business Overview
10.6.2. Delivery Mode Portfolio
10.6.3. Strategic Developments
10.6.4. Sales, Revenue and Market Share
10.7. PerkinElmer, Inc.
10.7.1. Business Overview
10.7.2. Delivery Mode Portfolio
10.7.3. Strategic Developments
10.7.4. Sales, Revenue and Market Share
10.8. Water Corporation
10.8.1. Business Overview
10.8.2. Delivery Mode Portfolio
10.8.3. Strategic Developments
10.8.4. Sales, Revenue and Market Share
10.9. Agilent Technologies
10.9.1. Business Overview
10.9.2. Delivery Mode Portfolio
10.9.3. Strategic Developments
10.9.4. Sales, Revenue and Market Share
10.10.ID Business Solutions Ltd.
10.10.1. Business Overview
10.10.2. Delivery Mode Portfolio
10.10.3. Strategic Developments
10.10.4. Sales, Revenue and Market Share
11. Global Laboratory Informatics Market Competition, by Manufacturer
11.1. Global Laboratory Informatics Sales and Market Share by Manufacturer (2017-2017)
11.2. Global Laboratory Informatics Revenue and Market Share by Manufacturer (2017-2017)
11.3. Top 5 Laboratory Informatics Manufacturer Market Share
11.4. Market Competition Trend
12. Laboratory Informatics Market Forecast (2027-2023)
12.1. Global Laboratory Informatics Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
12.2. Laboratory Informatics Market Forecast by Regions (2027-2023)
12.2.1. North America Laboratory Informatics Market Forecast (2027-2023)
12.2.1.1. United States Laboratory Informatics Market Forecast (2027-2023)
12.2.1.2. Canada Laboratory Informatics Market Forecast (2027-2023)
12.2.1.3. Mexico Laboratory Informatics Market Forecast (2027-2023)
12.2.2. Europe Laboratory Informatics Market Forecast (2027-2023)
12.2.2.1. Germany Laboratory Informatics Market Forecast (2027-2023)
12.2.2.2. United Kingdom Laboratory Informatics Market Forecast (2027-2023)
12.2.2.3. France Laboratory Informatics Market Forecast (2027-2023)
12.2.2.4. Russia Laboratory Informatics Market Forecast (2027-2023)
12.2.2.5. Italy Laboratory Informatics Market Forecast (2027-2023)
12.2.2.6. Rest of the Europe Laboratory Informatics Market Forecast (2027-2023)
12.2.3. Asia-Pacific Laboratory Informatics Market Forecast (2027-2023)
12.2.3.1. China Laboratory Informatics Market Forecast (2027-2023)
12.2.3.2. Japan Laboratory Informatics Market Forecast (2027-2023)
12.2.3.3. Korea Laboratory Informatics Market Forecast (2027-2023)
12.2.3.4. India Laboratory Informatics Market Forecast (2027-2023)
12.2.3.5. Southeast Asia Laboratory Informatics Market Forecast (2027-2023)
12.2.3.6. Rest of Asia-Pacific Laboratory Informatics Market Forecast (2027-2023)
12.2.4. South America Laboratory Informatics Market Forecast (2027-2023)
12.2.4.1. Brazil Laboratory Informatics Market Forecast (2027-2023)
12.2.4.2. Argentina Laboratory Informatics Market Forecast (2027-2023)
12.2.4.3. Columbia Laboratory Informatics Market Forecast (2027-2023)
12.2.4.4. Rest of South America Laboratory Informatics Market Forecast (2027-2023)
12.2.5. Middle East and Africa Laboratory Informatics Market Forecast (2027-2023)
12.2.5.1. Saudi Arabia Laboratory Informatics Market Forecast (2027-2023)
12.2.5.2. UAE Laboratory Informatics Market Forecast (2027-2023)
12.2.5.3. Egypt Laboratory Informatics Market Forecast (2027-2023)
12.2.5.4. Nigeria Laboratory Informatics Market Forecast (2027-2023)
12.2.5.5. South Africa Laboratory Informatics Market Forecast (2027-2023)
12.2.5.6. Rest of MEA Laboratory Informatics Market Forecast (2027-2023)
12.3. Laboratory Informatics Market Forecast by Product (2027-2023)
12.3.1. Global Laboratory Informatics Sales Forecast by Product (2027-2023)
12.3.2. Global Laboratory Informatics Sales Market Share Forecast by Product (2027-2023)
12.4. Laboratory Informatics Market Forecast by Delivery Mode (2027-2023)
12.4.1. Global Laboratory Informatics Sales Forecast by Delivery Mode (2027-2023)
12.4.2. Global Laboratory Informatics Sales Market Share Forecast by Delivery Mode (2027-2023)
12.5. Laboratory Informatics Market Forecast by Component (2027-2023)
12.5.1. Global Laboratory Informatics Sales Forecast by Component (2027-2023)
12.5.2. Global Laboratory Informatics Sales Market Share Forecast by Component (2027-2023)
12.6. Laboratory Informatics Market Forecast by End User (2027-2023)
12.6.1. Global Laboratory Informatics Sales Forecast by End User (2027-2023)
12.6.2. Global Laboratory Informatics Sales Market Share Forecast by End User (2027-2023)
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Laboratory Informatics Market.
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Laboratory Informatics Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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