Global Healthcare Laboratory Informatics Market Overview:
Healthcare data informatics is a software that helps in storing, capturing, managing, and transmitting a patient’s information on a health care system. This software helps doctors and patients to analyze the healthcare data for effective decision making. These software helps in reducing human errors, cost, and operational errors as well as provides better healthcare services. These systems handle data related to the activities of providers and health organizations. The growing need for clinical workflow management will boost the demand for healthcare laboratory informatics globally. Some of the players profiled in the study are Player Names Abbott Informatics (United States), Agaram Technologies Pvt Ltd (India), AgileBio LLC (United States), Agilent Technologies (United States), CSols Inc. (United States), Genologics (Canada), ID Business Solutions Ltd. (United Kingdom), Infosys (India), LabLynx, Inc. (United States), LabVantage Solutions, Inc. (United States), LabWare (United States), PerkinElmer, Inc. (United States), Tech Mahindra (India), Thermo Fisher Scientific (United States) and Waters Corporation (United States).
On the basis of geography, the market of Healthcare Laboratory Informatics 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 End-User, the sub-segment i.e. Hospital will boost the Healthcare Laboratory Informatics 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. Web-Based will boost the Healthcare Laboratory Informatics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Demand Of Scientific Data Integration Solutions
- Increasing Need For Clinical Workflow Management
- Technological Advancements In Software Solutions
- High Maintenance And Service Costs
- Increasing Availability Of Cost-Effective Informatics Solutions
- Significant Growth Potential In Emerging Countries
- Interfacing With Diverse Laboratory Instruments
In December 2020, DataLink completed acquisition of Orizon360°, a healthcare data integration and financial informatics company. This acquisition expanded the DataLink’s capability in advancing clinical data connectivity, payer-agnostic data integration and risk and quality management for our new and current customers.
The global healthcare laboratory informatics market is fragmented by numerous key players who have the bargaining power high in this market as there are many regional manufacturers. The intensity of rivalry appears to be high in this market as competitors are numerous and the products are undifferentiated. Major companies in this market are constantly working towards introducing innovative products & services to enhance their market presence.
Target Audience:New Entrants/Investors, Analysts and Strategic Business Planners, Healthcare Laboratory Informatics Providers, Cloud Service Providers, Venture Capitalists, Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
Major Objectives Focused through this Study To define, describe, and forecast the Global Healthcare Laboratory Informatics market on the basis of product [Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Chromatography Data Systems (CDS), Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS), Laboratory Execution Systems (LES), Enterprise Content Management (ECM) and Scientific Data Management Systems (SDMS)] , application [Biotech Companies, Pharmaceuticals, Environmental Testing Laboratories and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Healthcare Laboratory Informatics market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Healthcare Laboratory Informatics industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Healthcare Laboratory Informatics market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.