Product Code: 1789
Healthcare Laboratory Informatics Market is expected to register massive growth through 2032 owing to the rising availability of cost-effective informatics solutions worldwide. Health laboratory informatics allow better coordination and collaboration among healthcare providers, streamline medical quality assurance processes, enhance cost-efficiency in healthcare delivery, and accelerate accuracy and efficiency in facility/practice management.
Besides, the demand for skilled labor is increasing as data integration and its applications become more prevalent. However, the lack of skilled professionals is expected to hinder market expansion in the next few years.
Nevertheless, various benefits offered by healthcare laboratory informatics system installation, such as reduced medical errors, improved accuracy of diagnoses and treatments, and the replacement of costly paper record systems with less expensive EHRs, will offer several growth opportunities in the future.
Overall, the healthcare laboratory informatics market is segmented in terms of product, deployment, component, end-use, and region.
Considering the product, the laboratory information management system was valued at over USD 1 billion in 2022 and is slated to demonstrate sturdy growth throughout 2023-2032. The growth can be attributed to product benefits such as ease for staff to learn and adapt, removal of redundant workflow steps and clicks through the system, support for individual workflows per group, individual, or location, a user-friendly system that aids in daily routines, faster, more efficient, and more productive working, and support for a single user or multi-department and multi-national systems.
Based on deployment, the on-premises solution segment is expected to grow considerably from 2023 to 2032. On-premises solutions help monitor all the data related to specific premises. The rising preference for on-premises deployment for alleviating data breaches in cloud-based solutions is expected to propel the demand for on-premises enterprises, thereby complementing the segmental growth.
On the basis of the component, the others segment contributed over USD 37.5 million in revenue in 2022 and is slated to grow exponentially through 2032. The rising incidences of infectious diseases caused by microorganisms, such as bacteria, viruses, fungi, and parasites, are expected to drive the demand for lab testing, supporting the market expansion by 2032.
By end-use, the clinical segment is anticipated to exhibit massive growth through 2032, owing to the wide range of clinical safety testing that includes steps such as starting from patients' data collection and analysis to generating the reports. In addition, the rising demand for cost-effective laboratory informatics solutions in the clinical industry will drive segment growth over the forecast period.
Regionally, the North America healthcare laboratory informatics market held the largest revenue share in 2022 and is estimated to grow substantially through 2032. The growth can be ascribed to the rising demand from life sciences companies to comply with regulations and the increasing adoption of laboratory information management system solutions in the region.
Table of Contents
Chapter 1 Methodology
- 1.1 Market definitions
- 1.2 Base estimates & working
- 1.3 Forecast parameters
- 1.4 Data validation
- 1.5 Data sources
- 1.5.1 Secondary
- 1.5.1.1 Paid sources
- 1.5.1.2 Unpaid sources
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 Healthcare laboratory informatics market industry 360o synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Deployment trends
- 2.1.4 Component trends
- 2.1.5 End-use trends
- 2.1.6 Regional trends
Chapter 3 Healthcare Laboratory Informatics Industry Insights
- 3.1 Vendor matrix
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Rising demand of scientific data integration solutions
- 3.2.1.2 Increasing need for clinical workflow management
- 3.2.1.3 Increasing availability of cost-effective informatics solutions
- 3.2.1.4 Technological advancements in software solutions
- 3.2.2 Industry pitfalls & challenges
- 3.2.2.1 Dearth of integration standards
- 3.2.2.2 Lack of skilled professionals
- 3.3 Growth potential analysis
- 3.3.1 By product
- 3.3.2 By deployment
- 3.3.3 By component
- 3.3.4 By end-use
- 3.4 COVID-19 impact analysis
- 3.5 Technology landscape
- 3.6 Regulatory landscape
- 3.7 Porter's analysis
- 3.7.1 Industry rivalry
- 3.7.2 Buyer power
- 3.7.3 Supplier power
- 3.7.4 Threat of substitute
- 3.7.5 Threat of new entrants
- 3.8 PESTEL analysis
- 3.8.1 Political
- 3.8.2 Economical
- 3.8.3 Social
- 3.8.4 Technological
- 3.8.5 Environmental
- 3.8.6 Legal
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Competitive analysis of major market players
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Healthcare Laboratory Informatics Market, By Product
- 5.1 Key segmental trends
- 5.2 Laboratory information management system (LIMS)
- 5.2.1 Market size, by region, 2018 - 2032 (USD Million)
- 5.3 Electronic lab notebook (ELN)
- 5.3.1 Market size, by region, 2018 - 2032 (USD Million)
- 5.4 Scientific data management system (SDMS)
- 5.4.1 Market size, by region, 2018 - 2032 (USD Million)
- 5.5 Chromatography data system (CDS)
- 5.5.1 Market size, by region, 2018 - 2032 (USD Million)
- 5.6 Laboratory execution system (LES)
- 5.6.1 Market size, by region, 2018 - 2032 (USD Million)
- 5.7 Others
- 5.7.1 Market size, by region, 2018 - 2032 (USD Million)
Chapter 6 Healthcare Laboratory Informatics Market, By Deployment
- 6.1 Key segmental trends
- 6.2 On premise
- 6.2.1 Market size, by region, 2018 - 2032 (USD Million)
- 6.3 Cloud based
- 6.3.1 Market size, by region, 2018 - 2032 (USD Million)
Chapter 7 Healthcare Laboratory Informatics Market, By Component
- 7.1 Key segmental trends
- 7.2 Services
- 7.2.1 Market size, by region, 2018 - 2032 (USD Million)
- 7.3 Software
- 7.3.1 Market size, by region, 2018 - 2032 (USD Million)
Chapter 8 Healthcare Laboratory Informatics Market, By End-use
- 8.1 Key segmental trends
- 8.2 Biotech companies
- 8.2.1 Market size, by region, 2018 - 2032 (USD Million)
- 8.3 Pharmaceuticals
- 8.3.1 Market size, by region, 2018 - 2032 (USD Million)
- 8.4 Clinical
- 8.4.1 Market size, by region, 2018 - 2032 (USD Million)
- 8.5 Others
- 8.5.1 Market size, by region, 2018 - 2032 (USD Million)
Chapter 9 Healthcare Laboratory Informatics Market, By Region
- 9.1 Key regional trends
- 9.2 North America
- 9.2.1 Market size, by country, 2018 - 2032 (USD Million)
- 9.2.2 Market size, by product, 2018 - 2032 (USD Million)
- 9.2.3 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.2.4 Market size, by component, 2018 - 2032 (USD Million)
- 9.2.5 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.2.6 U.S.
- 9.2.6.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.2.6.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.2.6.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.2.6.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.2.7 Canada
- 9.2.7.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.2.7.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.2.7.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.2.7.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.3 Europe
- 9.3.1 Market size, by country, 2018 - 2032 (USD Million)
- 9.3.2 Market size, by product, 2018 - 2032 (USD Million)
- 9.3.3 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.3.4 Market size, by component, 2018 - 2032 (USD Million)
- 9.3.5 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.3.6 UK
- 9.3.6.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.3.6.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.3.6.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.3.6.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.3.7 Germany
- 9.3.7.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.3.7.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.3.7.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.3.7.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.3.8 France
- 9.3.8.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.3.8.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.3.8.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.3.8.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.3.9 Spain
- 9.3.9.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.3.9.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.3.9.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.3.9.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.3.10 Italy
- 9.3.10.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.3.10.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.3.10.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.3.10.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.4 Asia Pacific
- 9.4.1 Market size, by country, 2018 - 2032 (USD Million)
- 9.4.2 Market size, by product, 2018 - 2032 (USD Million)
- 9.4.3 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.4.4 Market size, by component, 2018 - 2032 (USD Million)
- 9.4.5 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.4.6 China
- 9.4.6.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.4.6.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.4.6.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.4.6.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.4.7 India
- 9.4.7.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.4.7.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.4.7.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.4.7.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.4.8 Japan
- 9.4.8.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.4.8.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.4.8.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.4.8.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.4.9 Australia
- 9.4.9.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.4.9.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.4.9.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.4.9.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.5 Latin America
- 9.5.1 Market size, by country, 2018 - 2032 (USD Million)
- 9.5.2 Market size, by product, 2018 - 2032 (USD Million)
- 9.5.3 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.5.4 Market size, by component, 2018 - 2032 (USD Million)
- 9.5.5 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.5.6 Brazil
- 9.5.6.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.5.6.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.5.6.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.5.6.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.5.7 Mexico
- 9.5.7.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.5.7.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.5.7.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.5.7.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.6 Middle East & Africa
- 9.6.1 Market size, by country, 2018 - 2032 (USD Million)
- 9.6.2 Market size, by product, 2018 - 2032 (USD Million)
- 9.6.3 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.6.4 Market size, by component, 2018 - 2032 (USD Million)
- 9.6.5 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.6.6 South Africa
- 9.6.6.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.6.6.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.6.6.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.6.6.4 Market size, by end-use, 2018 - 2032 (USD Million)
- 9.6.7 Saudi Arabia
- 9.6.7.1 Market size, by product, 2018 - 2032 (USD Million)
- 9.6.7.2 Market size, by deployment, 2018 - 2032 (USD Million)
- 9.6.7.3 Market size, by component, 2018 - 2032 (USD Million)
- 9.6.7.4 Market size, by end-use, 2018 - 2032 (USD Million)
Chapter 10 Company Profiles
- 10.1 Competitive dashboard
- 10.2 Starlims
- 10.2.1 Business overview
- 10.2.2 Financial data
- 10.2.3 Product landscape
- 10.2.4 Strategic outlook
- 10.2.5 SWOT analysis
- 10.3 Agilent Technologies
- 10.3.1 Business overview
- 10.3.2 Financial data
- 10.3.3 Product landscape
- 10.3.4 Strategic outlook
- 10.3.5 SWOT analysis
- 10.4 Benchling, Inc.
- 10.4.1 Business overview
- 10.4.2 Financial data
- 10.4.3 Product landscape
- 10.4.4 Strategic outlook
- 10.4.5 SWOT analysis
- 10.5 LabVantage Solutions, Inc.
- 10.5.1 Business overview
- 10.5.2 Financial data
- 10.5.3 Product landscape
- 10.5.4 Strategic outlook
- 10.5.5 SWOT analysis
- 10.6 LabWare
- 10.6.1 Business overview
- 10.6.2 Financial data
- 10.6.3 Product landscape
- 10.6.4 Strategic outlook
- 10.6.5 SWOT analysis
- 10.7 LABLynx, Inc
- 10.7.1 Business overview
- 10.7.2 Financial data
- 10.7.3 Product landscape
- 10.7.4 Strategic outlook
- 10.7.5 SWOT analysis
- 10.8 PerkinElmer, Inc.
- 10.8.1 Business overview
- 10.8.2 Financial data
- 10.8.3 Product landscape
- 10.8.4 Strategic outlook
- 10.8.5 SWOT analysis
- 10.9 Tech Mahindra
- 10.9.1 Business overview
- 10.9.2 Financial data
- 10.9.3 Product landscape
- 10.9.4 Strategic outlook
- 10.9.5 SWOT analysis
- 10.10 Thermo Fisher Scientific
- 10.10.1 Business overview
- 10.10.2 Financial data
- 10.10.3 Product landscape
- 10.10.4 Strategic outlook
- 10.10.5 SWOT analysis
- 10.11 Waters Corporation
- 10.11.1 Business overview
- 10.11.2 Financial data
- 10.11.3 Product landscape
- 10.11.4 Strategic outlook
- 10.11.5 SWOT analysis