Electronic Lab Notebook/ELN Market by Type (Specific, Enterprise), License (Proprietary, Open Source), Mode of Delivery (On Premise, Web, Cloud), & End User (Pharmaceutical, Biotech, CRO, CMO, Academia Research, F&B)- Forecast to 2025
The global electronic lab notebook market is expected to grow at a CAGR of 7% from 2019 to 2025 to reach $642.3 million by 2025.
Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out the impact analysis of key industry drivers, restraints, challenges, and opportunities. The growth in the overall electronic lab notebook market is mainly attributed to growing automation in laboratories and digitalization of laboratory data, increasing R&D activities, growing need for efficient data management in various application industries, technological advancements in laboratory solutions, and rising pressure for regulatory compliance. In addition, rapid shift towards cloud based ELN across the globe and rapid adoption of ELN by the emerging economies will further provide significant opportunities for the various stakeholders in this market. However, factors such as limited budgets, data integration and data privacy & security concerns- are likely to hinder the market growth.
The global electronic lab notebook (ELN) market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by product type (specific ELN, cross-disciplinary ELN), license type (proprietary, open source), mode of delivery (on-premises, web & cloud based), and end user (biotechnology industries, pharmaceutical industries, CROs, and CMOs, academic research institutes, food & beverage industries, and others). The study also evaluates industry competitors and analyzes the market at regional and country level.
Cross-disciplinary or enterprise-wide ELNs segment is estimated to command the largest share of the global ELN market in 2019. The high share of cross-disciplinary ELNs was attributed to a greater adoption as they meet broad range of scientific needs with their ability to provide a suitable environment that is easy to use across multiple disciplines. Moreover, reduced costs of IT overheads, ability to view data across an organization, data standardization, secure storage of an organization’s knowledge and IP in one central location, improved workflow management across disciplines, better collaboration across research areas, and exploitation of information for business decisions and strategic planning contributed in the greater adoption of cross-disciplinary or enterprise-wide ELNs.
On the basis of license type, proprietary license segment is estimated to command the largest share of the overall ELN market in 2019. The large share of this segment is mainly due to its advantages such as ownership of the software, quick and efficient support, plethora of features, and ability to customize as per requirement.
On the basis of delivery mode, the web and cloud based ELN segment is estimated to command the largest share of the overall ELN market in 2019 and is poised to grow at the fastest CAGR during the forecast period. Factors such as lucrative rate for their real time data analysis, easy accessibility, reliability, flexibility, scalability, and cost-effectiveness supported the largest share. However, some big organizations are still implementing ELN on-premises due to concerns related to data confidentiality and security on remotely managed servers.
An in-depth analysis of the geographical scenario of the ELN market provides detailed qualitative and quantitative insights about five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. North America commanded the largest share of the global ELN market, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The key players operating in the global ELN market are Abbott Informatics Corporation, Agilent Technologies, Inc., Arxspan, LLC, Benchling, Inc., Dassault Systemes SE, Bio-ITech BV (eLabJournal), ID Business Solutions (IDBS) Ltd (Danaher Corporation), Kinematic Inc., Lab-Ally LLC, LabArchives, LLC., Labfolder GmbH, Labii Inc., LabLynx, Inc., LABTrack, LLC, LabVantage Solutions, Inc., LabWare, Inc., Mestrelab Research, PerkinElmer, Inc., RURO, Inc., SciNote LLC, Seqome Limited, Thermo Fisher Scientific Inc., and Waters Corporation among others.
Scope of the Report:
Market by Product Type
Market by License Type
Market by Mode of Delivery
Web &cloud based ELN
Market by End User
CROs & CMOs
Academic Research Institutes
Food & Beverage Companies
Market by Geography
Rest of Europe (RoE)
Rest of APAC (RoAPAC)
Rest of World
Middle East and Africa
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