CHICAGO, Jan. 25, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Europe laboratory information management system (LIMS) market is growing at a CAGR of 10.16% during 2022-2028.
Europe Laboratory Information Management System (LIMS) Market Report Scope
Europe Laboratory Information Management System (LIMS) Market Focus Insight Report by Arizton
|
Report Attributes |
Details |
|
Market Size (2028) |
USD 912.47 million |
|
Market Size (2022) |
USD 510.55 million |
|
CAGR (2022-2028) |
10.16 % |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
Germany is the largest revenue contributor to the Europe laboratory information management system market. The LIMS implementation across all industries promises a positive shift in the market and provides more opportunities for vendors and software developers to expand their services across Europe. The strategic partnerships and collaborations across companies and providers of software solutions promise huge demand and growth opportunities for small and medium-sized firms to enter the market. The pharmaceutical and biotechnological industries spend huge amounts on research and development activities. The data generated by these communities requires appropriate processing and interpretation, reducing human errors provided by the LIMS software solutions, thereby increasing the demand. This is a highly competitive market across Europe and the world. Most of the top players in this market, for example, ThermoFisher Scientific, STARLIMS, and LabVantage, are involved in the partnerships with end-users of various industries to expand their business.
In the end-user type segment, the life sciences segment occupied a significant market share due to the high adoption of laboratory information management systems (LIMS) in life science laboratories, the rise in R&D activities in pharmaceutical industries, and increased concerns over data integrity, validity, and security and followed by the chemical and energy segment for being constantly under pressure to innovate and develop new, high-quality products at lower costs while meeting the needs for safety, improved health, and environmental impact. In the regional segment, Germany occupied a market share of 21% as it is considered the most research-intensive economy after the U.S. and China. Germany strongly focuses on research and development, with 66% of German biotech considered R&D service companies. France was the second largest market among European countries, followed by the UK and Italy.
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Check Out Arizton’s Latest Research on the US Laboratory Information Management System Market,
The US laboratory information management system market was valued at $613.27 million in 2022 and is expected to reach $1 billion by 2028, growing at a CAGR of 9.56%. Amidst this competitive landscape, significant players like Illumina, ThermoFischer Scientific, Starlims, LabVantage, and LabWare focus on strategies such as product launches, marketing activities, acquisitions, and R&D investments to strengthen their market position. The competition is further intensified by regional vendors innovating with cost-effective products and technologies, offering tremendous growth opportunities for existing and emerging market players. The US is the most significant global laboratory information management system market revenue contributor. The market’s dynamics are further influenced by the rising demand for customizable and modular LIMS, particularly in genomics and next-generation sequencing. The push for automation in laboratories is also a key factor, leading to the adoption of cloud-based lab automation solutions.
To Know More About the US Laboratory Information Management System Market, Click: https://www.focusreports.store/request-sample/us-laboratory-information-management-system-market-focused-insights
Key questions Answered in the Report:
How big is the Europe laboratory information management system (LIMS) market?
What are the significant trends in the Europe laboratory information management system (LIMS) market?
Who are the key players in the Europe laboratory information management system (LIMS) market?
Which region dominates the Europe laboratory information management system (LIMS) market?
Market Segmentation
Product
Broad Based LIMS
Industry Specific LIMS
Component
Services
Software
Deployment
Cloud-Based LIMS
Web-Hosted LIMS
On-Premises LIMS
End-User
Life Sciences
Chemical & Energy
Food, Beverages & Agriculture Industries
Others
Vendors
LabVantage
LabWare
ThermoFisher Scientific
STARLIMS
Labguru
QBench
Advanced Technology Corp
Autoscribe Informatics
Blaze Systems
Agilent Technologies
Novatek International
Illumina
Clinisys
CloudLIMS
CompuGroup Medical
CrelioHealth
Dassault Systems
Dotmatics
HighRes Biosolutions
L7 Informatics
LabLite
Table of Contents
CHAPTER – 1: Laboratory Information Management System Market Overview
Executive Summary
Key Findings
CHAPTER – 2: Laboratory Information Management System Market
Europe: Projected Revenue of Laboratory Information Management System Market (2022-2028; $Millions)
CHAPTER – 3: Laboratory Information Management System Market Segmentation Data
Europe: Projected Revenue by Product (2022-2028; $Millions)
Broad Based LIMS
Industry Specific LIMS
Europe: Projected Revenue by Component (2022-2028; $Millions)
Services
Software
Europe: Projected Revenue by Deployment (2022-2028; $Millions)
Cloud-Based LIMS
Web-Hosted LIMS
On-Premises LIMS
Europe: Projected Revenue by End-User (2022-2028; $Millions)
Life Sciences
Chemical & Energy
Food, Beverages & Agriculture Industries
Others
CHAPTER – 4: Key Countries Overview
Projected Revenue of Wound Biologics Market in Germany
Projected Revenue of Wound Biologics Market in France
Projected Revenue of Wound Biologics Market in U.K.
Projected Revenue of Wound Biologics Market in Italy
Projected Revenue of Wound biologics Market in Spain
CHAPTER – 5: Laboratory Information Management System Market Prospects and Opportunities
Laboratory Information Management System Market Opportunities and Trends
Laboratory Information Management System Market Drivers
Laboratory Information Management System Market Constraints
CHAPTER – 6: Laboratory Information Management System Industry Overview
Laboratory Information Management System Market – Competitive Landscape
Laboratory Information Management System Market – Key Vendor Profiles
Laboratory Information Management System Market – Other Prominent Vendors
Laboratory Information Management System Market – Key Strategic Recommendations
CHAPTER – 7: Appendix
Research Methodology
Abbreviations
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SOURCE Arizton Advisory & Intelligence
