Laboratory Information Management Systems
Over the five years to 2019, the Laboratory Information Management Systems (LIMS) industry has exhibited robust growth. As laboratories have grappled with an uptick in sample volumes, partly due to more demand for diagnostic testing from the burgeoning elderly population, many have purchased LIMS software. Additionally, many industry operators have appealed to end users by providing data and workflow management software that can update laboratories to meet the strictures of new regulations, helping them lower their maintenance and training costs. Over the five years to 2024, industry revenue is forecast to grow.
Companies in this industry develop laboratory information management system (LIMS) software. LIMS software is designed specifically for industrial and medical laboratories to help manage data and information. This industry does not include manufacturers of laboratory equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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