Laboratory Information Systems (LIS)

Global Laboratory Information Systems (LIS) Market to Reach US$3.6 Billion by 2030

The global market for Laboratory Information Systems (LIS) estimated at US$2.1 Billion in the year 2024, is expected to reach US$3.6 Billion by 2030, growing at a CAGR of 9.0% over the analysis period 2024-2030. Standalone, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$1.6 Billion by the end of the analysis period. Growth in the Integrated segment is estimated at 11.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.1 Billion While China is Forecast to Grow at 11.7% CAGR

The Laboratory Information Systems (LIS) market in the U.S. is estimated at US$1.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$236.3 Million by the year 2030 trailing a CAGR of 11.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.9% and 7.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.9% CAGR.

Global Laboratory Information System (LIS) Market - Key Trends & Drivers Summarized

A Laboratory Information System (LIS) is a sophisticated software solution designed to manage, process, and store information generated in medical laboratories. This system plays a critical role in streamlining laboratory operations by automating the tracking of samples, managing patient data, and facilitating the reporting of test results. LIS improves the efficiency and accuracy of laboratory workflows by integrating various laboratory instruments and information systems, enabling seamless data exchange and reducing the likelihood of human error. It supports a wide range of laboratory functions, including sample collection, test order management, result entry, quality control, and inventory management. The comprehensive functionality of LIS ensures that laboratory professionals can focus on analytical tasks, enhancing the overall productivity and reliability of laboratory services.

Technological advancements have significantly enhanced the capabilities of modern Laboratory Information Systems. Today`s LIS platforms are often equipped with advanced features such as electronic health record (EHR) integration, real-time data analytics, and cloud-based solutions. These systems provide robust data security and compliance with regulatory standards, ensuring patient confidentiality and data integrity. The integration of artificial intelligence (AI) and machine learning algorithms within LIS enables predictive analytics and decision support, which can help laboratories optimize their operations and improve diagnostic accuracy. Additionally, the user-friendly interfaces and customizable dashboards offered by contemporary LIS solutions enhance user experience, making it easier for laboratory staff to manage complex workflows and access critical information efficiently.

The growth in the Laboratory Information System market is driven by several factors, including the increasing demand for automated and streamlined laboratory operations, the rising adoption of EHRs, and the growing need for accurate and timely diagnostic testing. As healthcare providers strive to enhance patient care and operational efficiency, the implementation of LIS becomes essential. Technological advancements, such as AI and cloud computing, are also driving market growth by offering more sophisticated and scalable LIS solutions. Furthermore, the rising prevalence of chronic diseases and the increasing volume of diagnostic tests necessitate efficient laboratory management systems. Regulatory requirements for data accuracy and patient safety are compelling laboratories to adopt advanced LIS solutions to ensure compliance and improve service quality. Additionally, the growing emphasis on personalized medicine and the need for precise and rapid test results are further propelling the demand for LIS. As these trends continue, the LIS market is expected to experience robust growth, driven by the ongoing need for enhanced laboratory efficiency, accuracy, and integration within the healthcare ecosystem.

SCOPE OF STUDY:

The report analyzes the Laboratory Information Systems (LIS) market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (Standalone, Integrated); Deployment (On-Premise, Cloud); Component (Services, Software); End-Use (Hospital Laboratories, Independent Laboratories, Other End-Uses)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.

Select Competitors (Total 254 Featured) -

• Agilent Technologies, Inc.
• Accenture PLC
• Allscripts Healthcare Solutions, Inc.
• 3M Health Information Systems
• A&T Corporation
• 3DHISTECH Ltd.
• Accelerated Technology Laboratories, Inc.
• ACG Infotech Ltd.
• Akhil Healthcare Pvt Ltd.
• Agaram Technologies Pvt Ltd.
• AgileBio SARL
• Agfa HealthCare
• Alternative Biomedical Solutions
• AlisQI
• Alchemy Cloud, Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.