Electronic Lab Notebook (ELN) Software Market

2019 Analysis and Review of Electronic Lab Notebook (ELN) Software Market by Solution - Software and Services for 2019 - 2029

  • 2019-12-17
  • REP-GB-1610
  • 68 Tables
  • 226 Figures
  • 350 pages
  • Format: PDF/PPT/Excel
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Electronic Lab Notebook (ELN) Software Demand Set for Double-digit Growth through 2029

The global electronic lab notebook (ELN) software market is projected to witness an astounding CAGR of around 13% over the forecast period (2019 – 2029). This report evaluates how advances in technology and growing need to replace paper notebooks in laboratories is likely to shape the growth of the electronic lab notebook software market in the near future. Growing inclination towards the use of digital solutions for efficient data management and documentation offers a significant boost to adoption of ELN software. Demand will be prominent in academic institutions and industrial verticals.

Electronic Lab Notebook (ELN) Software Market - Key Research Findings

  1. The global electronic lab notebook (ELN) software market was valued at ~US$ 307 Mn in 2018.
  2. The electronic lab notebook software market is expected to grow at a CAGR of ~13.3% during the forecast period of 2019-2029.
  3. Growing automation in laboratories and technological advancement are creating potential growth opportunities for the electronic lab notebook (ELN) software market. However, other factors such as emerging cloud-based technology, rising government focus on digitization and laboratory infrastructure, and growing life science industry are driving market growth.
  4. North America is a prominent region in terms of value in the electronic lab notebook market, which accounted for market share of ~27% in 2018. Digitalization trend is increasingly gaining popularity in labs of various industries and sectors. Increasing government funding for research activities as well as growing trend of bio-banks in major countries have increased the usage of electronics lab notebook over conventional paper lab notebook practices.
    • Factors such as capability of ELN to help access, analyse and share data, which are not possible in case paper lab notebook, improved quality, and compliance are projected to be responsible for the prominence of regional markets in Asia Pacific Excluding Japan.
  5. In order to offer electronic lab notebook (ELN) software, providers are opting for mergers and acquisitions with other prominent players to meet its growing demand in various end-use industries, including pharmaceuticals, chemicals, and academics.
    • For instance, in August 2019, Agilent completed the acquisition of BioTek Instruments to expand the global presence in biopharma, academia and research, as customers required complex cellular environments and interactions.
electronic lab notebook software market share

Key Factors Shaping Electronic Lab Notebook (ELN) Software Market

Growing Need for Efficient Data Management to Have Positive Impact

Professional laboratories deal with vast volumes of data that need to be efficiently recorded and maintained for various purposes. Over the years, the daily recording of laboratory activities has become increasingly essential. The traditional method of manually recording data often resulted in data loss, forgery, or other such security-related issues. An electronic lab notebook, on the other hand, is capable of storing data related to lab experiments or researches. It enables the user to access stored data for future reference and data sharing. Also, it helps in storing data in an orderly manner and ensures data safety. Thus, owing to the efficiency and ease of data maintenance offered by ELN, popularity among labs is increasing globally, which is further driving market growth.

Increased Application of ELN over Traditional Lab Notebooks

The need to reduce documentation time and promote easy search of data in the pharmaceutical industry are projected to be responsible for propelling the electronics lab notebook market growth, during the next few years. Moreover, ELN provides various benefits over conventional lab notebook. Electronic lab notebook offers different advantages such as ease in terms of searching for data, efficient record keeping, data management, portability, permanent data storage facility, lower possibility of a loss of sensitive and crucial data, and others.

Raising Awareness of Technological Advancements

In the recent past, many researchers and scientists have been using paper lab notebooks for maintaining records of activities and data generated in labs. However, digitalization is a trend that is rapidly gaining traction in labs for record-keeping. Growing awareness about time constraint and cost-efficiency offered by an electronic lab notebook system are resulting in a steady and gradual shift among scientists and researchers towards ELN solutions, which are also driving their demand in public and private labs globally.

Growth Opportunities in Asia Pacific Region

The electronic lab notebook (ELN) software providers are focusing on increasing their business opportunities across countries in the Asia Pacific region due to rising availability and awareness of laboratory solutions. Moreover, increasing number of clinical trials in emerging economies such as India, China, and Singapore are also expected to drive the growth of the APEJ electronic lab notebook market.

Electronic Lab Notebook (ELN) Software Market Structure Analysis

  • The global electronic lab notebook (ELN) software market consists of competition landscape, where majority of key players are focusing on cloud-based ELN, mergers & acquisitions, and strategic partnerships and collaborations to target a strong global footprint.
  • The global ELN software market represents a fairly consolidated competition landscape, where prominent key players focus on the digitalization, web and cloud-based ELNs, joint ventures, and wide distribution networks.
  • Tier-1 electronic lab notebook (ELN) software providers account for ~60% of the overall market. Key participants such as Dassault Systems SA., PerkinElmer, Inc., Abbott Informatics Corp., Agilent Technologies, Waters Corporation, Thermo Fisher Scientific Inc., LabArchives LLC., ID Business Solutions Ltd., LabWare, Inc., and Scinote LLC are among the largest and most experienced companies in the electronic lab notebook (ELN) software market, with a significant regional coverage across the globe.

Academic and Pharmaceutical End Users Account for 50% Share

Academic institutions and pharmaceutical industry account for a collective revenue share of nearly half of the global market value. Concerns over reproducibility and dire need to streamline documentation have played a crucial role in boosting the demand for electronic lab notebook software. With the onset of cutting-edge ELNs that save significantly on time and effort, their adoption for data searching, copying, and archiving will witness a steep rise in the following years. Demand from academic institutions will particularly reflect 4.5X growth over the assessment period.

Developed Regional Markets Remain in Bandwagon

Owing to large scale advances in technology and solid market presence of global leaders, North America and Western Europe will remain at the forefront of electronic lab notebook software adoption. Further, progress in cloud technology and data analytics, coupled with the advent of bio-banks, would be offering lucrative opportunities to companies operating in these regions. However, owing to growing investments towards digitalization and laboratory infrastructure across nations such as China, South Korea, and India, a paradigm shift towards digital data management and documentation can be observed.

Market Stakeholders Focusing on User-friendly Features

As digital lab notebooks continue to gain acceptance as an ideal replacement for paper notebooks, stakeholders are focusing on improving the ‘user-friendly’ quotient of their products. In addition, user experience and ease-of-use along with pricing are some of the leading factors that influence the purchasing decisions of end-users.

High demand for non-specific

Adoption of specific to gain pace

Proprietary ELN most sought after

Demand for open Source ELN on rise

Academic expected to take the lead

Adoption by pharma industry to remain high

How Growth will Unfold

In the current scenario, the demand for open-source electronic lab notebooks is on the rise particularly in multiple nations across Western Europe. However, although open source license type is gaining traction, proprietary electronic lab notebooks will remain highly preferred owing to the dwindling storage prices. In addition, the adoption of proprietary electronic lab notebooks is on the rise owing to high demand from academic institutions that tend to make investments that rely on long-term returns.

Electronic Lab Notebook Market Analysis, By License Type (2019 E)

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Electronic Lab Notebook (ELN) Software Market Analysis 2019-2029

A recent market study published by FMI on the electronic lab notebook (ELN) software market includes global industry analysis 2014-2018 and opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters, growth prospects of the market are obtained with maximum precision.

Electronic Lab Notebook (ELN) Software Market Taxonomy

The global electronic lab notebook (ELN) software market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Solution

  • Software
    • Laboratory Information Management
    • System Platform
    • Electronic Lab Notebook  Software
  • Services
    • Validation Services
    • Consulting Services
    • Implementation & Integration Service
    • Support & Maintenance
    • Training

Deployment

  • Cloud
  • On-Premises

Enterprise Size

  • Small & Medium
  • Large

Industry

  • Healthcare & Life Sciences
  • Energy
  • Food & Beverages
  • Academic & Scientific Research
  • Petrochemicals
  • Mining & Metals
  • Others

Pricing Model

  • Subscription Model
    • Monthly Subscription
    • Annual Subscription
  • One- Time License

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa
  • GCC Countries
  • Emerging Countries

What's Included

The report initiates with the executive summary of the electronic lab notebook (ELN) software market, which includes a summary of key findings and statistics of the market. It also includes the demand and supply-side trends pertaining to the market.

Readers can find the definition and detailed taxonomy of the electronic lab notebook (ELN) software market in this chapter, which will help them understand the basic information about the market. Along with this, comprehensive information pertaining to electronic lab notebook (ELN) and its properties are provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the electronic lab notebook (ELN) software market report.

The electronic lab notebook (ELN) software market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are also provided in this section.

This section includes several factors that have emerged as key successful factors and strategies adopted by key market participants.

This section explains the global market value analysis and forecast for the electronic lab notebook market during the forecast period of 2019-2029. It includes a detailed analysis of the historical ELN software market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029). Along with this, the pricing analysis of the electronic lab notebook (ELN) software market at the regional level has also been provided in this section.

This chapter explains the key macroeconomic factors that are expected to influence the growth of the electronic lab notebook (ELN) software market over the forecast period. Along with macroeconomic factors, this section also highlights the supply chain, forecast factors, and value chain analysis of the ELN software market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.

Based on solution, the electronic lab notebook (ELN) software market is segmented into software and services. In this chapter, readers can find information about key trends and developments in the ELN software market and market attractiveness analysis, based on solution.

This chapter provides various details about the electronic lab notebook (ELN) software market based on deployment, and has been classified into cloud and on-premises. In this chapter, readers can understand the market attractiveness analysis, based on deployment.

This chapter provides various details about the electronic lab notebook (ELN) software market based on industry, and has been classified into small & medium enterprise and large enterprise. In this chapter, readers can understand the market attractiveness analysis, based on enterprise size.

This chapter provides various details about the electronic lab notebook (ELN) software market based on industry, and has been classified into healthcare & life sciences, energy, food and beverages, petrochemicals, academic & scientific research, mining & metals and others. In this chapter, readers can understand the market attractiveness analysis, based on industry.

This chapter provides various details about the electronic lab notebook (ELN) software market based on industry, and has been classified into subscription model and one time license. In this chapter, readers can understand the market attractiveness analysis, based on pricing model.

This chapter explains how the electronic lab notebook (ELN) software market will grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ (Asia-Pacific excluding Japan), Japan, and the Middle East & Africa.

This chapter includes a detailed analysis on the growth of the North America electronic lab notebook (ELN) software market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on product, licence, industry, and countries in North America.

This chapter provides the growth scenario of the electronic lab notebook (ELN) software market in Latin American countries such as Brazil, Mexico, and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.

Important growth prospects of the electronic lab notebook (ELN) software market in several countries such as the Germany, UK, France, Spain, Italy, BENELUX, and the rest of Europe are included in this chapter.

This chapter provides the growth scenario of the electronic lab notebook (ELN) software market in Eastern Europe countries such as Russia, Poland, and the rest of Eastern Europe.

This chapter highlights the growth of the electronic lab notebook (ELN) software market in the APEJ region by focusing on China, India, ASEAN, Australia, New Zealand, and the rest of APEJ. This section also help readers understand key factors that are responsible for the growth of the Electronic Lab Notebook (ELN) Software Market in the APEJ region.

This section also help readers understand key factors that are responsible for the growth of the electronic lab notebook (ELN) software market in Japan.

This chapter provides information about how the electronic lab notebook (ELN) software market will grow in major countries in the MEA region, such as South Africa, North Africa, Turkey, and the rest of MEA, during the forecast period of 2019-2029.

This chapter provides information about how the electronic lab notebook (ELN) software market will grow in major GCC Countries, such as Kingdom of Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, and Bahrain during the forecast period of 2019-2029.

This chapter provides information about how the electronic lab notebook (ELN) software market will grow in emerging countries, such as Chile, Argentina, and India, during the forecast period of 2019-2029.

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the electronic lab notebook (ELN) software market, along with their market presence analysis by region and product portfolio.

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the electronic lab notebook (ELN) software market, along with the detailed information about each company. This includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Dassault Systems SA., PerkinElmer, Inc., Abbott Informatics Corp., Agilent Technologies, Waters Corporation, Thermo Fisher Scientific Inc., LabArchives LLC., ID Business Solutions Ltd., LabWare, Inc., and Scinote LLC.

This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the electronic lab notebook (ELN) software market report.

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the electronic lab notebook (ELN) software market.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Sales Heads
  • Sales Executives
  • Technical Advisor
  • Electronic Lab Notebook (ELN) Provider
  • Distributors 
  • Industry Experts
  • End Users
  • Current Market Dynamics and Challenges
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Near term and long term market growth prospects
  • Market Segment Splits and Authenticity
  • Opinions on market projections and validity of assumptions

Secondary Research

  • Company’s white papers
  • Annual Reports and Investor Presentations
  • Research Papers
  • Company Press Release 
  • Government Websites and Publications

Primary Interview Splits

Primary Interview Splits electronic lab notebook software market designations

Primary Interview Splits electronic lab notebook software market stakeholders

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