Global Laboratory Informatics Market Size was valued nearly USD 2.12 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.87% during the forecast period that is 2017-2025. The market mainly driven by the laboratory automation, development in lab informatics solutions, need to analysis regulatory standards is projected to propel the adoption over the forecast years. The growth of the laboratory informatics market can be attributed to the growing demand in biobanks/biorepositories. In 2017, the North America market holds the largest market share followed by Asia Pacific.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global laboratory informatics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global laboratory informatics market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Laboratory Informatics Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Laboratory Informatics Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in laboratory informatics market are included as primary sources of the supply side.

After performing comprehensive engineering of laboratory informatics market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Regional Analysis

The global laboratory informatics market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017, the North America market holds the largest market share and is projected to grow at a CAGR of xx.xx% during the forecast timespan. Some of the major factors contributing to the growth and demand in this region that are Government policies, new development in laboratory information systems, availability of infrastructure and high digital educated consumers is estimated to significant growth rate in coming years. Asia Pacific is estimated to register lucrative CAGR growth rate in regional market for laboratory informatics over the forecast period due to increasing need for laboratory automation, presence of major key companies in region, research and development in biotech information and low cost medical devices are the key contributing factors to the growth. The emerging countries such as India and China become as outsourcing hubs.   

Global Laboratory Informatics Market Size, Share Analysis By Region 2017

Global Laboratory Informatics Market Study Objective

1. To forecast the market size of laboratory informatics market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of laboratory informatics market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of laboratory informatics market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of laboratory informatics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the laboratory informatics market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Key players

The major kay players in the laboratory informatics market which will contribute healthy growth in regional and global market over the forecast period that key players are LabWare, Core Informatics, Thermo Fisher Scientific, Inc., PerkinElmer Inc., LabVantage Solutions, Inc., Abbott Laboratories, LabLynx, Inc., Agilent Technologies, Waters, Cerner Corporation, IDBS and McKesson Corporation.

Global Laboratory Informatics Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.