Global Laboratory Information Management System (LIMS) Market 2015-2019
LIMS is the information management system specifically designed for medical and industrial-related laboratories. The solution helps scientists in tracking samples and transmitting data to professionals. LIMS offers a way of automating the laboratory, and saves time and improves the quality of data. Benefits of using LIMS are:
TechNavio Announces the Publication of its Research Report – Global LIMS Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global LIMS Market: LabVantage Solutions Inc., LabWare, STARLIMS Corp. (Abbott Laboratories) and Thermo Fisher Scientific Inc.
Other Prominent Vendors in the market are: AgileBio, Agilent Technologies, Autoscribe , BiochemLab Solutions, BioData, Biomatters, ChemWare, CloudLIMS, LabArchives, Labfolder, LabLynx, LABTrack, PerkinElmer, Scilligence and TerraSystems
Commenting on the report, an analyst from TechNavio’s team said: “One key trend emerging in this market is the increased usage of cloud-based LIMS by laboratories. Cloud computing is an emerging trend, and it continues to develop because of the cost-advantage and ease of access it offers.”
According to the report, one key factor driving the market is the need to comply with government regulations. The governments of many countries have enforced regulations on every industry to improve security and provide better products to the market. LIMS helps laboratory professionals to understand and follow government regulations.
Further, the report states that the high cost of implementing LIMS is one of the major challenges that the market faces. The procurement of raw materials for LIMS along with all required instruments is expensive and may not be affordable for SMEs. In addition, the training cost and the cost of maintenance and updates after implementation enhance the cost of LIMS.
LabVanatge Solutions, LabWare, STARLIMS , ThermoFisher Scientific, AgileBio, Agilent Technologies , Autoscribe , BiochemLab Solutions , BioData, Biomatters, ChemWare , CloudLIMS , LabArchives , labfolder , LabLynx, LABTrack, PerkinElmer,Scilligence, TerraSystems
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