LIMS Software Market Definition
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.
The market study is broken down, by Application (Hospital Laboratory, Education Institute and Research Laboratory) and major geographies with country level splits.
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.
AdvanceMarketAnalytics has segmented the market of Global LIMS Software market by Type, Application 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.
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.
- The Emergence of Automation in all Kinds of Laboratory Research
- Technological Advancements in LIMS Software
- Increasing Number of Research Laboratory Activities Around the World
- Need for Automating the Laboratory Process for Better Management and Accuracy
- Growing Pharmaceutical Research and Development in Developing Countries will Boost the LIMS Software Market
- Risk of Important Laboratory Data Theft Due to Cyber Attack
- Technical Issues with LIMS Software
- Adherence to Stringent Regulatory Norms
Key Target AudienceLIMS Software Developers, LIMS Software Industry Association, Research and Development Institutes, National Laboratory, Potential Investors, Regulatory Bodies and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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