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Laboratory Information Management System (LIMS) Market is expected to reach $2.56 Billion in 2027

Added: (Wed May 12 2021)

Pressbox (Press Release) - The report covers a forecast and an analysis of the Laboratory Information Management System (LIMS) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2027 based on revenue and volume.

Overview of the Global Laboratory Information Management System (LIMS) Market:

The report spread across 150 pages is an overview of the Global Laboratory Information Management System (LIMS) Market. This report study based on the Laboratory Information Management System (LIMS) Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies. Laboratory Information Management System (LIMS) Market Research Report is a meticulous investigation of current scenario of the market, which covers several market dynamics.

The Global Laboratory Information Management System (LIMS) Market is accounted for $0.89 Billion in 2019 and is expected to reach $2.56 Billion by 2027 growing at a CAGR of 14.1% during the forecast period.

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According to the market report analysis, Laboratory information management system (LIMS) is a modern laboratory operation which is a software based laboratory and information management system. It has got a wide range of applications in many fields like petrochemicals and pharmaceuticals. LIMS bestow numerous applications in pharmaceutical industry such as test library included drug release, disintegration, drug release, standard functionality, dissolution, product examine and stability module that ease stability studies.

Some of the most important key factors driving the growth of the Global Laboratory Information Management System (LIMS) Market are growing R&D expenditure in pharmaceutical and biotechnology companies and rising adoption of cloud based LIMS. However, the high maintenance and service costs are restraining market growth.

In terms of the Deployment Model, the cloud-based laboratory information management System (LIMS) segment is anticipated to expand at a rapid pace during the forecast period due to its ease of use, affordability, reliability, adaptability & flexibility, and a pay-as-you-go pricing model.

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Major Key Players:

1 Abbott Informatics

2 Accelerated Technology Laboratories

3 Agilent Technologies Inc

4 Apollolims

5 Autoscribe Informatics

6 Cloudlims

7 Computing Solutions Inc

8 Dassault Systemes

9 Eusoft S.R.L

10 Genologics Inc

11 Horizon Lims

12 Lablynx Inc

13 Labvantage

14 Labware

15 Labworks Llc

16 Novatek International

17 Ovation

18 Promium

19 Siemens

20 Thermo Fisher Scientific and More………………….

Market Segment by Types:

1 Broad-based LIMS

2 Industry-specific LIMS

Market Segment by Applications:

1 Life Sciences

2 Petrochemical Refineries and Oil & Gas

3 Chemical

4 Food & Beverage

5 Agriculture

6 Environmental Testing Laboratories

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Latest Industry News:

Thermo Fisher Scientific (April 30, 2021) - Thermo Scientific E-CFEG Enables Accelerated Cryo-EM Discovery with High Resolution Data - Thermo Fisher Scientific, the world leader in serving science, today launched the Thermo Scientific E-CFEG, the company's new cold field emission gun and a value-added component for the Thermo Scientific Krios Cryo-TEM. Together, as part of four major components, the E-CFEG enables record-breaking resolution levels for single particle analysis (SPA) compared to other commercially available solutions.

Using cryo-EM, biologists can unravel 3D structures of proteins not easily crystalized for X-ray diffraction (XRD) or used for Nuclear Magnetic Resonance (NMR) experiments. One of four components designed to spur the next wave of atomic resolution cryo-EM, the E-CFEG makes it possible to efficiently solve structures at resolutions of at least 2.0 Angstrom for standard samples. Such advancement also allows for increased productivity compared to existing solutions.

The E-CFEG boasts a narrow energy spread that result in high contrast images. It joins the innovative Thermo Scientific Selectris and Selectris X imaging filters, which provide unique stability, ease of use and performance. It also accompanies the company's Falcon 4 camera direct electron detector, which generates images with high contrast and high signal-to-noise ratio as well as up to 10 times faster throughput than the previous generation. When integrated with the award-winning Thermo Scientific Krios Cryo-TEM, these solutions help advance cryo-EM discovery with industry-leading contrast, resolution, and speed.

"Today's biologists need high resolution cryo-EM data as quickly as possible to accelerate their drug discovery research," said Trisha Rice, vice president and general manager of life sciences at Thermo Fisher Scientific. "Our relentless technology innovation in the world of cryo-EM—including our Krios Cryo-TEM, Falcon 4, Selectris imaging filters, and now the E-CFEG-is fueling the focus on atomic resolution. Used together, our instruments allow customers to push microscopy to the next level. We call this, the power of four."

Table of Contents:

1 Executive Summary

2 Prefaces

3 Laboratory Information Management System (LIMS) Market Trend Analysis

4 Porters Five Force Analysis

5 Global Laboratory Information Management System (LIMS) Market, By Mode of Delivery

6 Global Laboratory Information Management System (LIMS) Market, By Product Type

7 Global Laboratory Information Management System (LIMS) Market, By Application

8 Global Laboratory Information Management System (LIMS) Market, By End User

9 Global Laboratory Information Management System (LIMS) Market, By Geography

10 Key Developments

11 Company Profiling

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Submitted by:Parag Pingale
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