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Strategic Analysis of the LIMS Markets in Australia

Frost & Sullivan
July 29, 2005
SKU: MC1130282

Abstract Table of Contents Related Reports

Countries covered: Australia

Strategic Analysis of the LIMS Markets in Australia

New Developments in Laboratory Information Management Systems Encourage Market Growth

The revenues in the laboratory information management systems (LIMS) market have received a huge boost with the growing use of these systems in various applications in mature sectors such as pharmaceuticals, manufacturing, and IT. They are also used in emerging sectors such as biotechnology and food and beverage. This increased usage can be attributed to the launch of innovative LIMS technologies and products, especially in the biotech industries. The adoption of LIMS and the biotech companies are likely to expand simultaneously. As biotech enterprises become successful and begin to mimic pharmaceutical companies, they will have greater need for LIMS.

This Frost & Sullivan research service examines the key trends in the LIMS market in Australia. The study also discusses the major challenges, drivers, restraints, and potential threats faced by participants along with a comprehensive analysis of the market.

Greater Data Formulation and Technology Launches Drive the Market

With an increase in data formulation in all industries, there has been a rapid and consequent rise in the need for LIMS. This has led to the introduction of inventive technologies and products, resulting in a potential boom in this market. "Efficient data mining and management software is essential and goes hand in hand with the development of better high throughput screening methods," says the analyst of this research.

More Research Funds Vital for Adequately Equipping Laboratories

As the upgraded LIMS software is more expensive to install, low research funding has become a huge concern among LIMS companies. Laboratories do not obtain adequate funds for managing their data, and therefore have to manage with systems having lesser compatibility. Since these systems lack in beneficial operations, they will reduce the efficiency of work.

"Liberal grants and funding from both the public and private sectors is expected to be helpful for the market," notes the analyst. "Partnerships and alliances will also help greatly."

1. Research Objectives and Approach
        1. Research Objectives
                1. Objectives
        2. Research Methodology
                1. The Methodology

2. Assumptions and Definitions
        1. Assumptions
                1. List of Assumptions
                2. Currency Conversions
        2. Definitions
                1. List of Definitions

3. Executive Summary
        1. Summary of Findings
                1. Executive Summary

4. Total Market Analysis
        1. R&D Trends
                1. Investment in Biotech and Pharmaceutical R&D
        2. Market Maturation
                1. Life Cycle Analysis of LIMS Market
        3. Strategic Anticipation
                1. I see it coming
        4. Competition Framework
                1. Porter Analysis
        5. Opportunity Areas
                1. The Major Opportunity Areas
        6. Potential Threats
                1. Potential Threats of LIMS
        7. Customer Priorities
                1. The Changing Customer Priorities
        8. Growth Areas
                1. The Growth Areas in LIMS
        9. Market Engineering Measurements
                1. Description
        10. Industry Challenges
                1. Challenges affecting the LIMS Industry in Australia
        11. Market Drivers
                1. Market Drivers Affecting the LIMS Market
        12. Market Restraints
                1. Market Restraints Affecting the LIMS Market
        13. LIMS Market Forecasts
                1. Revenue Forecast
        14. Market Segmentation
                1. Industry Wise Market Segmentation and Forecast
        15. Customer Needs and Promotion of LIMS
                1. Customer Needs: LIMS Features
                2. Promotion of LIMS
        16. Executive Quote
                1. The Quote
        17. Market Trends
                1. Key Market Trends
        18. Technology Trends
                1. Key Technology Trends
        19. Major Events
                1. Major Events in the LIMS Market in Australia
        20. Product and Pricing Analysis
                1. Overview of Products and Pricing
        21. Types of Instruments LIMS Interfaces
                1. Types of Instruments

5. Competitor Analysis
        1. Main Players
                1. A List of LIMS Vendors in Australia
        2. LIMS Market Company Profiles
                1. Autoscribe Ltd
                2. LabWare
                3. Applied Biosystems
                4. QSI Pty Ltd
                5. Novatek Europe
                6. GenoLogics Life Sciences Software Inc.

6. Frost and Sullivan Awards
        1. Business Development Strategy Award
                1. Award 1
        2. Market Penetration Leadership Award
                1. Award 2

LIST OF FIGURES

Strategic Analysis of the LIMS Market: R&D Trends (Australia), 1999-2007

Strategic Analysis of the LIMS Market: Total revenue forecasts and growth rates (Australia), 2001-2007

Strategic Analysis of the LIMS Market: Segmentation (Australia), 2001-2007

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Strategic Analysis of the LIMS Markets in Australia

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