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Global Laboratory Information System Market: By Component: Services, Software; By Product: Standalone LIS, Integrated LIS ; By Delivery Mode: On-Premise, Cloud-Based; By End use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Laboratory Information System Market Outlook

The global laboratory information system market stood at a value of nearly USD 1.6 billion in 2020. The industry is projected to grow at a CAGR of 6% over the forecast period of 2021-2026.

 

Global Laboratory Information System Market

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The growth of global laboratory information system industry is driven by factors such as the increasing incidence of chronic illnesses, the need for laboratory automation and enhanced solutions, and the creation of embedded laboratory information system.

 

Properties and Applications

A laboratory information system (LIS), also known as laboratory information management system, is a software with characteristics that help to manage the laboratory activities by recording and storing data for clinical laboratories. It sends laboratory test orders to lab instruments, track those orders, and then stores the results to a searchable database.

 

Global Laboratory Information System Market By End Use

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The global laboratory information system industry can be segmented into components, products, delivery modes, and end-uses.

The industry is divided based on its components as services and software. The industry is divided based on its products as standalone LIS and integrated LIS. The industry is segmented based on its delivery mode as on-premise and cloud-based. The industry can be broadly categorised based on its end-uses into:

  • Hospital Laboratories
  • Independent Laboratories
  • Physician Office Laboratories
  • Others

The EMR report looks into the regional markets of laboratory information system like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Laboratory Information System Market By Region

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Market Analysis

With the rapid technological advancements and rising disposable incomes, particularly in emerging nations, the global laboratory information system (LIS) industry is witnessing a steady growth. The growing trend for personalised medicine and convenient services are anticipated to provide significant growth possibilities to the major players in the industry. With the popularity of cloud-based LIS, the industry is receiving a further boost.

The hospital laboratories segment accounts for a significant share in the industry. Using LIS in hospitals considerably decreases patient waiting time and offers enhanced diagnostic quality, thus, aiding the growth of the hospital laboratories segment.

High maintenance and service expenses, the need for dedicated laboratory units, interfacing problems, and lack of qualified experts will, however, challenge the market development in the coming years.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global laboratory information system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Orchard Software Corporation 
  • Sunquest Information Systems, Inc.
  • Cerner Corporation (NASDAQ: CERN)
  • Computer Programs and Systems, Inc. 
  • CompuGroup Medical AG 
  • Meditech (Medical Information Technology, Inc.) 
  • SCC Soft Computer 
  • Epic Systems Corporation 
  • Comp Pro Med Inc. 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Product, Delivery Mode, End use, Region
Breakup by Component Services, Software
Breakup by Product Standalone LIS, Integrated LIS
Breakup by Delivery Mode On-Premise, Cloud-Based
Breakup by End use Hospital Laboratories, Independent Laboratories, Physician Office Laboratories, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Orchard Software Corporation, Sunquest Information Systems, Inc., Cerner Corporation (NASDAQ: CERN), Computer Programs and Systems, Inc. (NASDAQ: CPSI), CompuGroup Medical AG, Meditech (Medical Information Technology, Inc.), SCC Soft Computer, Epic Systems Corporation, Comp Pro Med Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Key Questions Answered in the Market Report

  • How has the global laboratory information system industry performed in the previous years (2016-2020)?
  • What is the forecast assessment of the market for 2021-2026?
  • What are the major drivers for the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints for the historical (2016-2020) and forecast (2021-2026) periods?
  • Who are the key manufacturers of laboratory information system in the global market?
  • What is the degree of competition in the global market?
  • What are the major events and developments taking place within the industry globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Market Overview
    4.2    Market Analysis
5    Global Laboratory Information System Market Analysis
    5.1    Global Laboratory Information System Historical Market (2016-2020) & Forecast (2021-2026)
    5.2    Global Laboratory Information System Market Breakup by Component
        5.2.1    Services
        5.2.2    Software
    5.3    Global Laboratory Information System Market Breakup by Component: Historical Market (2016-2020) & Forecast (2021-2026)
        5.3.1    Services
        5.3.2    Software
    5.4    Global Laboratory Information System Market Breakup by Product
        5.4.1    Standalone LIS 
        5.4.2    Integrated LIS 
    5.5    Global Laboratory Information System Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
        5.5.1    Standalone LIS 
        5.5.2    Integrated LIS 
    5.6    Global Laboratory Information System Market Breakup by Delivery Mode
        5.6.1    On-Premise
        5.6.2    Cloud-Based
    5.7    Global Laboratory Information System Market Breakup by Delivery Mode: Historical Market (2016-2020) & Forecast (2021-2026)
        5.7.1    On-Premise
        5.7.2    Cloud-Based
    5.8    Global Laboratory Information System Market Breakup by End use
        5.8.1    Hospital Laboratories
        5.8.2    Independent Laboratories
        5.8.3    Physician Office Laboratories
        5.8.4    Others
    5.9    Global Laboratory Information System Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
        5.9.1    Hospital Laboratories
        5.9.2    Independent Laboratories
        5.9.3    Physician Office Laboratories
        5.9.4    Others
    5.10    Global Laboratory Information System Market Breakup by Region
        5.10.1    North America
            5.10.1.1    United States of America
            5.10.1.2    Canada
        5.10.2    Europe
            5.10.2.1    Germany
            5.10.2.2    United Kingdom
            5.10.2.3    France
            5.10.2.4    Italy
            5.10.2.5    Others
        5.10.3    Asia Pacific
            5.10.3.1    China
            5.10.3.2    Japan
            5.10.3.3    India
            5.10.3.4    ASEAN
            5.10.3.5    Others
        5.10.4    Latin America
            5.10.4.1    Brazil
            5.10.4.2    Argentina
            5.10.4.3    Mexico
            5.10.4.4    Others
        5.10.5    Middle East & Africa
            5.10.5.1    Saudi Arabia
            5.10.5.2    United Arab Emirates
            5.10.5.3    Nigeria
            5.10.5.4    South Africa
            5.10.5.5    Others
    5.11     Global Laboratory Information System Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        5.11.1    North America
            5.11.1.1    United States of America
            5.11.1.2    Canada
        5.11.2    Europe
            5.11.2.1    Germany
            5.11.2.2    United Kingdom
            5.11.2.3    France
            5.11.2.4    Italy
            5.11.2.5    Others
        5.11.3    Asia Pacific
            5.11.3.1    China
            5.11.3.2    Japan
            5.11.3.3    India
            5.11.3.4    ASEAN
            5.11.3.5    Others
        5.11.4    Latin America
            5.11.4.1    Brazil
            5.11.4.2    Argentina
            5.11.4.3    Mexico
            5.11.4.4    Others
        5.11.5    Middle East & Africa
            5.11.5.1    Saudi Arabia
            5.11.5.2    United Arab Emirates
            5.11.5.3    Nigeria
            5.11.5.4    South Africa
            5.11.5.5    Others
6    SWOT Analysis
    6.1    Overview
    6.2    Strengths
    6.3    Weaknesses
    6.4    Opportunities
    6.5    Threats
7    Porter’s Five Forces Analysis
    7.1    Overview
    7.2    Buyer’s Power
    7.3    Supplier’s Power
    7.4    New Entrants
    7.5    Degree of Rivalry
    7.6    Substitutes
8    Key Players & Company Profiles
    8.1    Orchard Software Corporation 
    8.2    Sunquest Information Systems, Inc.
    8.3    Cerner Corporation (NASDAQ: CERN)
    8.4    Computer Programs and Systems, Inc. (NASDAQ: CPSI)
    8.5    CompuGroup Medical AG 
    8.6    Meditech (Medical Information Technology, Inc.) 
    8.7    SCC Soft Computer 
    8.8    Epic Systems Corporation 
    8.9    Comp Pro Med Inc. 
    8.10    Others
9    Industry Events and Developments

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