About LIMS Software
LIMS (laboratory information management system) software is designed to manage and track samples and tests and other associated laboratory data. The software can be used in various types of labs, including clinical labs such as immunology, microbiology, and hematology, etc. Production labs for biotech and pharmaceuticals, food, and beverages research labs and even natural science labs also use the LIMS software. This software helps in conducting better researcher tests in laboratories as it automates the workflows and standardizes the operations. It also handles billing and conducts quality assurance or quality control, LIMS software offers built-in lab notebooks and lab inventory management which records everything.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher (Sample Manager) (United States), LabWare (United States), Benchling (United States), Abbott Informatics (United States), Sunquest Information Systems, Inc. (United States), CloudLIMS (United States), RURO, Inc. (United States), ApolloLIMS (United States) and Genologics (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global LIMS Software market by , Application (Hospital Laboratory, Education Institute and Research Laboratory) and Region.
On the basis of geography, the market of LIMS Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. MAC will boost the LIMS Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On Cloud will boost the LIMS Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Audit Trail will boost the LIMS Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Emergence of Automation in all Kinds of Laboratory Research and Technological Advancements in LIMS Software
Market Growth Drivers:
Increasing Number of Research Laboratory Activities Around the World and Need for Automating the Laboratory Process for Better Management and Accuracy
Challenges:
Technical Issues with LIMS Software and Adherence to Stringent Regulatory Norms
Restraints:
Risk of Important Laboratory Data Theft Due to Cyber Attack
Opportunities:
Growing Pharmaceutical Research and Development in Developing Countries will Boost the LIMS Software Market
On 15th July 2019, Abbott announced the launch of a laboratory information management system, STARLIMS quality manufacturing solution to support integration with various types of platforms and manage data from product concept to consumer. It is designed for the global manufacturing and R&D sectors including pharmaceuticals/biotech, chemicals and petrochemicals, oil and gas, food and beverage, contract services, consumer products, and general manufacturing. This new offering is built on the latest version of the STARLIMS Technology platform 11.7.
Key Target Audience
LIMS Software Developers, LIMS Software Industry Association, Research and Development Institutes, National Laboratory, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.