Reports

Sale

North America Laboratory Informatics Market

North America Laboratory Informatics Market Size, Forecast: By Product: Laboratory Information Management System (LIMS), Electronic Lab Notebooks (ELN), Enterprise Content Management (ECM), Laboratory Execution System (LES), Others; By Component; By Delivery Mode; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

North America Laboratory Informatics Market Outlook

The North America laboratory informatics market size reached a value of nearly USD 1456.64 million in 2023. The market is projected to grow at a CAGR of 6.5% between 2024 and 2032 and reach around USD 2558.49 million by 2032.

 

Key Takeaways

  • The number of diagnostic and medical laboratories in the U.S. exceeded 28,000 in 2021, and the sector has witnessed steady growth over the years. As a result, LIMS are being adopted significantly.
  • STARLIMS Corporation, Thermo Fisher Scientific Inc., Labware, Inc. are a few of the major companies in the market.
  • The accelerating demand for cloud-based laboratory informatics platforms can be attributed to its advantages such as scalability, cost-efficiency, data security, and automatic updates.

 

Using laboratory informatics, laboratories leverage information technology to optimise their operations by automating workflows and managing samples. Additionally, they can produce reliable results quickly, and track data from sequencing runs over time to improve efficiency. In 2021, the biosciences sector in the United States accounted for USD 2.9 trillion.

 

One of the factors driving the North America laboratory informatics market growth is the growing demand for cloud-based laboratory informatics platforms. The IT sector is a major contributor to US GDP and in 2023, the sector accounted for USD 1.5 trillion. As a result, development and innovation in cloud-based LIMS are increasing. These systems can efficiently minimise data loss and downtime and ensure business continuity. Additionally, by facilitating remote collaboration among stakeholders, these systems enhance real-time decision-making.

 

Key Trends and Developments

Growing life sciences sector; increasing adoption of LIMS; growing trend of automation; and favourable government initiatives are aiding the North America laboratory informatics market growth

 

August 2023

STARLIMS Corporation expanded its solution suite by acquiring Labstep, a cutting-edge research and development Electronic Laboratory Notebook (ELN).

 

July 2023

Revvity Signals Software entered into a strategic relationship with Scitara, a global provider of cloud-based solutions for the scientific industry, to transform the working of R&D across the biotech, pharmaceutical, and chemical sectors.

 

June 2023

LabVantage Solutions formed a global cooperation agreement with Holo4Labs (H4L) to integrate H4L’s mixed reality technology with its LabVantage LIMS platform.

 

December 2022

LabVantage Solutions unveiled version 8.8 of its LabVantage LIMS platform, delivering a range of enhancements focused on accuracy, speed, usability, and security.

 

Downstream demand from the life sciences sector

Laboratory informatics provide information regarding the sample collected, including the date it was received and experimental data associated with it, boosting its deployment in the life sciences sector.

 

Increasing adoption of LIMS

There is a growing adoption of cloud-based laboratory informatic systems as they are cost-effective, provide automated backups, and ensure uninterrupted business operations by reducing downtime.

 

Growing demand for automation in laboratories

Laboratories in the United States and Canada are extensively incorporating strategies such as automation in pre- and post-analytic steps, like sorting, labelling, barcoding, decapping, aliquoting and recapping specimens.

 

Favourable government initiatives

Government institutions across the region are encouraging the adoption of advanced laboratory informatics in sectors like agriculture, life sciences, and medicine, among others.

 

Figure: Healthcare Spending by U.S. Government, 2018-2022

North America Laboratory Informatics Market

 

North America Laboratory Informatics Market Trends

Laboratory technologies are often considered to be at the forefront of medical advancements. Reportedly, the number of diagnostic and medical laboratories in the U.S. exceeded 28,000 in 2021, and the sector has witnessed steady growth over the years. With the rapid influx of data and the increasing complexity of experiments, artificial intelligence (AI) and machine learning (ML) techniques are increasingly being employed to support analytics such as descriptive analytics, predictive analytics, and prescriptive analytics.

 

Furthermore, laboratories are increasingly adopting cloud and mobile technologies. The adoption of cloud lab informatics allows personnel to access data in real-time making it easy to make data-driven decisions quickly. Smart lab tools, such as informatics, support scientists in their work leading to the reduction in manual labour and further improving research efficiency, propelling the North America laboratory informatics market.

 

Market Segmentation

North America Laboratory Informatics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Product:

  • Laboratory Information Management System (LIMS)
  • Electronic Lab Notebooks (ELN)
  • Enterprise Content Management (ECM) 
  • Laboratory Execution System (LES)
  • Scientific Data Management System (SDMS)
  • Electronic Data Capture (EDC) 
  • Clinical Data Management Systems (CDMS)

 

Market Breakup by Component:

  • Software
  • Services

 

Market Breakup by Delivery Mode:

  • On-Premises
  • Web-Hosted
  • Cloud-Based

 

Market Breakup by End Use:

  • Life Science
  • Chemical and Petrochemicals
  • Oil and Gas 
  • Agriculture 
  • Others

 

Market Breakup by Region:

  • United States of America
  • Canada

 

Laboratory Information Management System (LIMS) is expected to dominate the North America laboratory informatics market share as it plays a crucial role in helping laboratories achieve regulatory compliance by monitoring and documenting activities related to compliance.

Modern laboratories are equipped with LIMS, enabling the automation of workflows. LIMS can also integrate instruments, and manage laboratory data and related information easily, quickly, and reliably.

 

The shortage of medical and clinical laboratory staff, including lab technologists and technicians in the United States, can be resolved by the wide introduction of LIMS due to the automation of services. This further helps in managing the operational costs of the laboratories.

 

With the rise in digital scientific data, funding agencies like the National Institutes of Health (NIH) of the United States have implemented research data management policies such as Data Management and Sharing policies supporting the adoption of ELNs. ELN, a digital replacement for the paper lab notebook is used to record, archive, share and protect data. The adoption of ELN improves data integrity and promotes collaboration across the organisation.

 

Competitive Landscape

Key players in the North America laboratory informatics market are increasing their collaboration, partnership, and research and development activities to gain a competitive edge

 

STARLIMS Corporation

STARLIMS Corporation, headquartered in the United States and founded in 1986, offers Laboratory Information Management System (LIMS) for comprehensive product lifecycle management and Scientific Data Management System (SDMS).

 

Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc., headquartered in the United States and founded in 1962, offers Laboratory Information Management Systems (LIMS), Electronic Lab Notebook, Lab Execution System, and Data integration software.

 

Labware, Inc.

Labware, Inc., headquartered in the United States and founded in 1987, offers SAAS LIMS, Cloud-hosted LIMS, and Self-hosted LIMS.

 

LabVantage Solutions Inc.

LabVantage Solutions Inc., headquartered in the United States and founded in 1989, offers a Laboratory information management system (LIMS), embedded electronic laboratory notebook (ELN), laboratory execution system (LES), scientific data management system (SDMS), and advanced analytics solution.

 

Other key players in the North America laboratory informatics market include Agilent Technologies, Inc., Lablynx, Inc., Revvity Inc.

 

North America Laboratory Informatics Market Analysis by Region

The United States of America is a prominent region due to its extensive number of laboratories. In the United States, more than 7 billion laboratory tests are performed each year. Furthermore, reportedly, about 70% of all medical decisions are based on laboratory test results in the United States. With the rising importance of accurate analysis, rapid influx of data, and the increasing complexity of experiments, the use of technologies such as artificial intelligence in the diagnostic and medical laboratories in the country is witnessing steady growth.

 

Reportedly, through the Laboratories Canada strategy launched in 2018, over CAD 146.6 million in investments have been made to date as part of its first phase of development from 2019-2023, focusing on renovating or replacing outdated federal laboratories and equipping federal scientists with modern facilities and tools. Laboratories across Canada are adopting LIMS software to aid in the effective and efficient management of workloads and to balance productivity with accuracy.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Component
  • Delivery Mode
  • End Use
  • Region
Breakup by Product
  • Laboratory Information Management System (LIMS)
  • Electronic Lab Notebooks (ELN)
  • Enterprise Content Management (ECM) 
  • Laboratory Execution System (LES)
  • Scientific Data Management System (SDMS)
  • Electronic Data Capture (EDC) 
  • Clinical Data Management Systems (CDMS)
Breakup by Component
  • Software
  • Services
Breakup by Delivery Mode
  • On-Premises
  • Web-Hosted
  • Cloud-Based
Breakup by End Use
  • Life Science
  • Chemical and Petrochemicals
  • Oil and Gas
  • Agriculture
  • Others
Breakup by Region
  • United States of America 
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Dassault Systems
  • STARLIMS Corporation
  • Thermo Fisher Scientific Inc.
  • Labware, Inc.
  • LabVantage Solutions Inc.
  • Agilent Technologies, Inc.
  • Lablynx, Inc.
  • Revvity Inc.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    North America Laboratory Informatics Market Overview

    8.1    Key Industry Highlights
    8.2    North America Laboratory Informatics Historical Market (2017-2023) 
    8.3    North America Laboratory Informatics Market Forecast (2024-2032)
9    North America Laboratory Informatics Market by Product 
    9.1    Laboratory Information Management System (LIMS)
        9.1.1    Historical Trend (2017-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Electronic Lab Notebooks (ELN)
        9.2.1    Historical Trend (2017-2023)
        9.2.2    Forecast Trend (2024-2032)
    9.3    Enterprise Content Management (ECM)
        9.3.1    Historical Trend (2017-2023)
        9.3.2    Forecast Trend (2024-2032)
    9.4    Laboratory Execution System (LES)
        9.4.1    Historical Trend (2017-2023)
        9.4.2    Forecast Trend (2024-2032)
    9.5    Scientific Data Management System (SDMS)
        9.5.1    Historical Trend (2017-2023)
        9.5.2    Forecast Trend (2024-2032)
    9.6    Electronic Data Capture (EDC)
        9.6.1    Historical Trend (2017-2023)
        9.6.2    Forecast Trend (2024-2032)
    9.7    Clinical Data Management Systems (CDMS)
        9.7.1    Historical Trend (2017-2023)
        9.7.2    Forecast Trend (2024-2032)
10    North America Laboratory Informatics Market by Component
    10.1    Software
        10.1.1    Historical Trend (2017-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Services
        10.2.1    Historical Trend (2017-2023)
        10.2.2    Forecast Trend (2024-2032)
11    North America Laboratory Informatics Market by Delivery Mode
    11.1    On-Premises
        11.1.1    Historical Trend (2017-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Web-Hosted
        11.2.1    Historical Trend (2017-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Cloud-Based
        11.3.1    Historical Trend (2017-2023)
        11.3.2    Forecast Trend (2024-2032)
12    North America Laboratory Informatics Market by End Use
    12.1    Life Science
        12.1.1    Historical Trend (2017-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Chemical and Petrochemicals
        12.2.1    Historical Trend (2017-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Oil and Gas
        12.3.1    Historical Trend (2017-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Agriculture
        12.4.1    Historical Trend (2017-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Others
13    North America Laboratory Informatics Market by Country
    13.1    United States of America
        13.1.1    Historical Trend (2017-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    Canada
        13.2.1    Historical Trend (2017-2023) 
        13.2.2    Forecast Trend (2024-2032)
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Policy and Regulatory Landscape
16    Pricing Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Dassault Systems
            17.2.1.1    Company Overview
            17.2.1.2    Solution Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    STARLIMS Corporation
            17.2.2.1    Company Overview
            17.2.2.2    Solution Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Thermo Fisher Scientific Inc.
            17.2.3.1    Company Overview
            17.2.3.2    Solution Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Labware, Inc.
            17.2.4.1    Company Overview
            17.2.4.2    Solution Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    LabVantage Solutions Inc.
            17.2.5.1    Company Overview
            17.2.5.2    Solution Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Agilent Technologies, Inc.
            17.2.6.1    Company Overview
            17.2.6.2    Solution Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Lablynx, Inc.
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    Revvity Inc.
            17.2.8.1    Company Overview
            17.2.8.2    Solution Portfolio
            17.2.8.3    Demographic Reach and Achievements
            17.2.8.4    Certifications
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    North America Laboratory Informatics Market: Key Industry Highlights, 2017 and 2032
2.    North America Laboratory Informatics Historical Market: Breakup by Product (USD Billion), 2017-2023
3.    North America Laboratory Informatics Market Forecast: Breakup by Product (USD Billion), 2024-2032
4.    North America Laboratory Informatics Historical Market: Breakup by Component (USD Billion), 2017-2023
5.    North America Laboratory Informatics Market Forecast: Breakup by Component (USD Billion), 2024-2032
6.    North America Laboratory Informatics Historical Market: Breakup by Delivery Mode (USD Billion), 2017-2023
7.    North America Laboratory Informatics Market Forecast: Breakup by Delivery Mode (USD Billion), 2024-2032
8.    North America Laboratory Informatics Historical Market: Breakup by End Use (USD Billion), 2017-2023
9.    North America Laboratory Informatics Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10.    North America Laboratory Informatics Historical Market: Breakup by Country (USD Billion), 2017-2023
11.    North America Laboratory Informatics Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    North America Laboratory Informatics Market Structure

Key Questions Answered in the Report

In 2023, the market value was nearly USD 1456.64 million.

The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2558.49 million by 2032.

The major drivers include downstream demand for laboratory informatics from the life sciences sector and favourable government initiatives promoting the automation of laboratory informatics.

The key trends of the market include the growing adoption of cloud-based laboratory informatic systems and the growing demand for automation in laboratories.

The different components of laboratory informatics include software and services.

The major end uses of laboratory informatics include life science, chemical and petrochemicals, oil and gas, and agriculture, among others.

The major players in the market include Dassault Systems, STARLIMS Corporation, Thermo Fisher Scientific Inc., Labware, Inc., LabVantage Solutions Inc., Agilent Technologies, Inc., Lablynx, Inc., and Revvity Inc.

Analyst Review

 

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER