Exhibiting a y-o-y growth of 6.0%, the global laboratory information system market size is expected to reach USD 2,166.3 million in 2024. Driven by a projected 5.3% CAGR over the next decade, the market is set to attain a valuation of USD 3,620.3 million by 2034.
Demand will likely remain high for cloud-based laboratory information systems owing to their multiple advantages, including increased accessibility, improved scalability, and cost-effectiveness. The latest laboratory information system industry analysis predicts the target segment will advance at a 6.0% CAGR from 2024 to 2034.
Attributes | Key Insights |
---|---|
Base Market Value (2023) | USD 2,043.6 million |
Estimated Laboratory Information System Market Revenue (2024) | USD 2,166.3 million |
Projected Laboratory Information System Market Value (2034) | USD 3,620.3 million |
Value CAGR (2024 to 2034) | 5.3% |
The escalating demand for efficient workflow management in laboratories is a key driver propelling the adoption of laboratory information systems (LIS). Similarly, the growing need for LIS solutions that can seamlessly integrate with automation equipment will create growth prospects for laboratory information system manufacturers.
Laboratories, ranging from clinical settings to research institutions, face a mounting need to streamline processes and bolster workflow efficiency. Thus, they employ laboratory information systems, which play a key role in ensuring laboratory operations' accuracy, efficiency, and compliance.
LIS plays a pivotal role by automating various tasks, ranging from sample tracking and result reporting to data analysis and interpretation. This automation reduces reliance on manual interventions, minimizing the potential for errors and improving the overall accuracy of laboratory operations.
The need for timely and reliable results underscores the demand for efficient workflow. LIS not only expedites the generation and dissemination of laboratory data but also contributes to faster decision-making processes, particularly critical in healthcare settings where rapid diagnostic insights are crucial for patient care.
In essence, the adoption of LIS aligns with the broader objective of enhancing operational efficiency, reducing turnaround times, and elevating the overall quality of laboratory services. As a result, the target market is poised to exhibit steady growth through 2034.
The section below shows the services segment dominating the laboratory information system industry. It is projected to account for a revenue share of 59.4% in 2024. Based on delivery mode, the cloud-based segment will likely expand at a high CAGR of 6.0% through 2034. By end-user, the clinics segment is set to account for a revenue share of 44.5% in 2024.
Market Growth Outlook by Component
Component | Value CAGR |
---|---|
Software | 6.3% |
Hardware | 7.3% |
Services | 4.4% |
Based on components, the services segment is projected to generate significant revenue in the market through 2034. As per the latest analysis, the target segment will likely exhibit a CAGR of 4.4% during the assessment period, totaling a valuation of USD 1,899.2 million by 2034.
Demand for services in the laboratory information market is growing steadily, which is expected to continue through 2034. This is due to their ability to add value, reduce complexity, improve efficiency, and ensure regulatory compliance.
Market Growth Outlook by Delivery Mode
Delivery Mode | Value CAGR |
---|---|
On-premise | 4.5% |
Cloud-based | 6.0% |
Demand is expected to remain high for cloud-based laboratory information systems during the forecast period. This is because they offer several benefits over traditional on-premises systems, including increased accessibility, improved scalability, and reduced costs.
As per the latest report, the cloud-based LIS segment is projected to rise at a CAGR of 6.0% over the assessment period. It will likely attain a market valuation of USD 2,121.8 million by 2034.
Market Growth Outlook by End-user
End-user | Value CAGR |
---|---|
Hospitals | 6.2% |
Clinics | 4.0% |
Independent Laboratories | 7.6% |
Others | 3.1% |
Adoption of laboratory information systems remains high in clinics. The target segment is estimated to account for a market share of 44.5% in 2024 and further expand at 4.0% CAGR during the forecast period. This is due to the growing adoption of clinical laboratory information systems in clinics for different purposes.
Rising Popularity of Cloud-based Solutions Emerging a Key Market-shaping Trend
The global market for laboratory information systems recorded a CAGR of 4.4% from 2019 to 2023. It reached a total valuation of around USD 2,043.6 million in 2023. Over the assessment period, demand for laboratory information systems is poised to rise at 5.3% CAGR.
Growing Adoption of Cloud-based Laboratory Information Systems
The adoption of cloud-based laboratory information systems (LIS) represents a transformative opportunity for healthcare providers, introducing a paradigm shift in data management and system infrastructure. Cloud-based LIS solutions leverage remote servers to store, manage, and process laboratory data, offering healthcare organizations increased accessibility, scalability, and cost-effectiveness.
One of the key advantages is enhanced accessibility. Cloud-based LIS allows authorized users to access laboratory information securely from anywhere with an internet connection. This flexibility promotes collaborative and remote work scenarios, enabling healthcare professionals to review results, make informed decisions, and coordinate care more efficiently.
Scalability is another notable benefit of cloud-based LIS. Cloud solutions offer the ability to scale resources up or down based on demand, accommodating the dynamic needs of healthcare organizations. This scalability ensures that laboratories can handle varying workloads without the need for substantial infrastructure investments or the risk of underutilized resources.
Cost-effectiveness is a compelling aspect of cloud-based LIS adoption. It eliminates the need for on-premises hardware maintenance and upgrades, reducing capital expenditures. Cloud solutions typically operate on a subscription or pay-as-you-go model, allowing healthcare providers to allocate resources more efficiently and manage costs effectively.
Overall, the adoption of cloud-based LIS solutions empowers healthcare organizations to modernize their infrastructure, streamline operations, and focus resources on delivering high-quality patient care. As technology advances, cloud-based solutions continue to offer innovative ways to enhance the efficiency and accessibility of laboratory information management.
The integration of laboratory information systems (LIS) with Mobile Health (mHealth) technologies signifies a dynamic convergence that opens new vistas in healthcare delivery. This integration facilitates a seamless connection between laboratory data and mobile health applications, unlocking opportunities for remote monitoring, enhanced data access, and heightened patient engagement.
mHealth integration with LIS enables healthcare professionals to monitor and access laboratory results remotely and in real-time through mobile devices. This is particularly valuable for situations requiring rapid decision-making or when healthcare providers need to stay informed about critical diagnostic information outside traditional healthcare settings.
Patients also benefit from mHealth integration as they gain convenient access to their laboratory results and health data through mobile applications. This accessibility fosters increased patient engagement, empowering individuals to actively participate in managing their health. Patients can receive timely alerts, track their health metrics, and collaborate more effectively with healthcare providers.
mHealth integration also enhances communication between patients and healthcare professionals, fostering a continuous and connected care experience. Remote monitoring and instant access to laboratory results through mobile applications contribute to more proactive healthcare interventions, ultimately improving patient outcomes.
As technology continues to advance, the synergy between LIS and mHealth holds promise for revolutionizing healthcare delivery. It will create a more patient-centric and interconnected ecosystem that leverages the convenience and ubiquity of mobile technologies.
High Cost and Interoperability Issues
The integration of laboratory information systems is negatively impacted by the high implementation costs. The initial financial outlay required for adopting LIS solutions poses a considerable challenge, particularly for smaller laboratories and healthcare facilities operating within constrained budgets.
The comprehensive nature of LIS implementation involves expenses related to software licensing, hardware infrastructure, staff training, and potential customization to align with specific organizational needs. This limits its adoption in several regions.
Smaller laboratories, clinics, and healthcare facilities, often grappling with limited financial resources, find it challenging to allocate the necessary funds for a robust LIS deployment. The capital-intensive nature of LIS implementation exacerbates the financial burden, potentially hindering these entities from harnessing the efficiency and technological advancements offered by modern laboratory information systems.
Ongoing operational costs, including maintenance, updates, and support services, can compound the economic strain on smaller healthcare organizations. This financial barrier may result in delayed or compromised adoption of LIS, impacting the efficiency of laboratory processes and potentially limiting the facility's ability to provide optimal patient care.
To overcome this obstacle, stakeholders in the healthcare sector, including governments, regulatory bodies, and technology providers, will have to take several steps. For instance, they need to explore cost-effective models, subsidies, or incentives to facilitate broader access to LIS solutions, ensuring that financial constraints do not impede the progress toward more efficient and integrated laboratory management systems.
Interoperability issues can manifest in compatibility issues between LIS and EHR platforms, hindering the smooth flow of information. Misaligned data formats, varying coding schemes, and divergent data standards across systems can impede the accurate and coherent exchange of laboratory data. Differing technical architectures and communication protocols may further exacerbate integration complexities.
The above-mentioned challenges not only affect the efficiency of healthcare workflows but also have implications for patient care. Incomplete or delayed access to laboratory results within EHRs can compromise the timely and comprehensive decision-making processes of healthcare providers.
The table below highlights the growth projections of the top nations. The United States is expected to dominate the global laboratory information system industry throughout the forecast period.
This can be attributed to rising cancer prevalence, growing need for personalized medicine, increasing healthcare spending, and easy availability of LIS products & services.
The East Asia laboratory information system market, spearheaded by China and South Korea, is poised to register strong growth during the assessment period. This growth will likely be propelled by factors like the increasing incidence of chronic diseases and the growing need for efficient and streamlined laboratory operations and laboratory automation.
Market Growth Outlook by Key Countries
Countries | Value CAGR |
---|---|
United States | 3.6% |
China | 11.5% |
Japan | 5.3% |
Germany | 2.8% |
Spain | 4.6% |
The United States dominated the global market with a 51.1% market share in 2023. Over the assessment period, demand for laboratory automation systems in the United States is expected to grow at a CAGR of 3.6%.
By 2034, the United States LIMS market size is projected to reach USD 1,496.8 million. Some of the key drivers/trends include:
The United States has a well-established and advanced healthcare infrastructure, including numerous laboratories and healthcare facilities. This is making it a highly lucrative market for sophisticated information systems, such as LIS.
The United States has a large number of healthcare providers, including hospitals, clinics, and diagnostic laboratories. The high demand for information management systems in these facilities contributes to the growth of the laboratory information system market in the nation.
Japan’s laboratory information system market is poised to exhibit a CAGR of 5.3% during the forecast period. Total valuation in the country will likely increase from USD 159.3 million in 2024 to USD 252.6 million by 2034, driven by factors like:
The presence of competitive companies and a thriving market ecosystem can contribute to Japan's leadership in the LIS market across East Asia. A competitive environment often fosters innovation and the development of high-quality solutions, including LIS systems.
Supportive regulatory frameworks and policies are encouraging the adoption of healthcare information systems, including laboratory information management systems (LIMS). Similarly, the growing need for advanced research laboratories equipped with sophisticated LIS to manage complex experiments and data will likely improve Japan’s laboratory information system market share.
Germany accounted for a value share of 3.8% in the global laboratory information system market in 2023. For the assessment period, sales of laboratory information systems in Germany are projected to rise at a CAGR of 2.8%. This is attributable to factors like:
Germany is a leader in research and development, which extends to healthcare technologies. This, in turn, is driving the need for advanced LIS solutions that can manage complex research workflows and large datasets, thereby fostering sales growth.
Germany has strict healthcare regulations and standards. Compliance with these regulations often necessitates the use of advanced information systems for managing laboratory data, contributing to the demand for LIS. Companies investing in the development of innovative LIS solutions will likely contribute to the growth of the market.
The competitive landscape in the laboratory information system (LIS) market is dynamic, with several companies offering a range of solutions to meet the diverse needs of healthcare providers and laboratories.
Several companies are also inclined towards adopting strategies like partnerships, collaborations, acquisitions, and agreements to stay ahead of the competition.
Recent Developments in the Laboratory Information System Market
Report Attributes | Details |
---|---|
Current Total Market Size (2024) | USD 2,166.3 million |
Projected Market Size (2034) | USD 3,620.3 million |
CAGR (2024 to 2034) | 5.3% |
Base Year for Estimation | 2023 |
Historical Period | 2019 to 2023 |
Projections Period | 2024 to 2034 |
Quantitative Units | USD million for value and thousand units for volume |
Components Analyzed (Segment 1) | Software, Hardware, Services |
Delivery Modes Analyzed (Segment 2) | On-premise, Cloud-based |
End Users Analyzed (Segment 3) | Hospitals, Clinics, Independent Laboratories, Others |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East & Africa |
Countries Covered | United States, Canada, Mexico, Brazil, Argentina, Germany, France, United Kingdom, Italy, Spain, Netherlands, China, India, Japan, South Korea, ANZ, GCC Countries, South Africa |
Key Players influencing the Laboratory Information System Market | Werfen, Evident (CPSI), Wipro, CompuGroup Medical, LabWare, Roper Technologies Inc. (Sunquest), Medical Information Technology, Inc., Xifin Inc., Epic Systems Corporation, Cerner Corp., Soft Computer Consultants, Allscripts Lab (Veradigm), LigoLab, Sysmex Corporation, Ilex Medical, LabVantage Medical Suite, Mckesson Corporation (Orchard Software) |
Additional Attributes | Revenue share by component (software, hardware, services), Delivery mode trends (cloud vs on-premise), End-user adoption by clinics and independent labs, Impact of regulatory digital transformation in lab operations, LIS integrations with EHRs and healthcare analytics platforms |
Customization and Pricing | Customization and Pricing Available on Request |
Table 01: Global Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 02: Global Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 03: Global Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 04: North America Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 05: North America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 06: North America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 07: North America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 08: Latin America Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 09: Latin America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 10: Latin America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 11: Latin America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 12: East Asia Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 13: East Asia Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 14: East Asia Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 15: East Asia Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 16: South Asia & Pacific Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 17: South Asia & Pacific Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 18: South Asia & Pacific Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 19: South Asia & Pacific Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 20: Western Europe Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 21: Western Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 22: Western Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 23: Western Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 24: Eastern Europe Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 25: Eastern Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 26: Eastern Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 27: Eastern Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 28: Middle East & Africa Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 29: Middle East & Africa Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Component
Table 30: Middle East & Africa Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Delivery Mode
Table 31: Middle East & Africa Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Figure 1: Global Market Value (US$ million) Analysis, 2019 to 2023
Figure 2: Global Market Forecast & Y-o-Y Growth, 2024 to 2034
Figure 3: Global Market Absolute $ Opportunity (US$ million) Analysis, 2024 to 2034
Figure 4: Global Market Value Share (%) Analysis 2023 and 2034, by Component
Figure 5: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Component
Figure 6: Global Market Attractiveness Analysis 2024 to 2034, by Component
Figure 7: Global Market Value Share (%) Analysis 2023 and 2034, by Delivery Mode
Figure 8: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Delivery Mode
Figure 9: Global Market Attractiveness Analysis 2024 to 2034, by Delivery Mode
Figure 10: Global Market Value Share (%) Analysis 2023 and 2034, by End-user
Figure 11: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by End-user
Figure 12: Global Market Attractiveness Analysis 2024 to 2034, by End-user
Figure 13: Global Market Value Share (%) Analysis 2023 and 2034, by Region
Figure 14: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Region
Figure 15: Global Market Attractiveness Analysis 2024 to 2034, by Region
Figure 16: North America Market Value (US$ million) Analysis, 2019 to 2023
Figure 17: North America Market Value (US$ million) Forecast, 2024 to 2034
Figure 18: North America Market Value Share, by Component (2024 E)
Figure 19: North America Market Value Share, by Delivery Mode (2024 E)
Figure 20: North America Market Value Share, by End-user (2024 E)
Figure 21: North America Market Value Share, by Country (2024 E)
Figure 22: North America Market Attractiveness Analysis by Component, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Delivery Mode, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 25: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 26: United States Market Value Proportion Analysis, 2024
Figure 27: United States Market Share Analysis (%) by Component, 2023 and 2034
Figure 28: United States Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 29: United States Market Share Analysis (%) by End-user, 2023 and 2034
Figure 30: Canada Market Value Proportion Analysis, 2024
Figure 31: Canada Market Share Analysis (%) by Component, 2023 and 2034
Figure 32: Canada Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 33: Canada Market Share Analysis (%) by End-user, 2023 and 2034
Figure 34: Mexico Market Value Proportion Analysis, 2024
Figure 35: Mexico Market Share Analysis (%) by Component, 2023 and 2034
Figure 36: Mexico Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 37: Mexico Market Share Analysis (%) by End-user, 2023 and 2034
Figure 38: Latin America Market Value (US$ million) Analysis, 2019 to 2023
Figure 39: Latin America Market Value (US$ million) Forecast, 2024 to 2034
Figure 40: Latin America Market Value Share, by Component (2024 E)
Figure 41: Latin America Market Value Share, by Delivery Mode (2024 E)
Figure 42: Latin America Market Value Share, by End-user (2024 E)
Figure 43: Latin America Market Value Share, by Country (2024 E)
Figure 44: Latin America Market Attractiveness Analysis by Component, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Delivery Mode, 2024 to 2034
Figure 46: Latin America Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 47: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 48: Brazil Market Value Proportion Analysis, 2024
Figure 49: Brazil Market Share Analysis (%) by Component, 2023 and 2034
Figure 50: Brazil Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 51: Brazil Market Share Analysis (%) by End-user, 2023 and 2034
Figure 52: Chile Market Value Proportion Analysis, 2024
Figure 53: Chile Market Share Analysis (%) by Component, 2023 and 2034
Figure 54: Chile Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 55: Chile Market Share Analysis (%) by End-user, 2023 and 2034
Figure 56: East Asia Market Value (US$ million) Analysis, 2019 to 2023
Figure 57: East Asia Market Value (US$ million) Forecast, 2024 to 2034
Figure 58: East Asia Market Value Share, by Component (2024 E)
Figure 59: East Asia Market Value Share, by Delivery Mode (2024 E)
Figure 60: East Asia Market Value Share, by End-user (2024 E)
Figure 61: East Asia Market Value Share, by Country (2024 E)
Figure 62: East Asia Market Attractiveness Analysis by Component, 2024 to 2034
Figure 63: East Asia Market Attractiveness Analysis by Delivery Mode, 2024 to 2034
Figure 64: East Asia Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 65: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 66: China Market Value Proportion Analysis, 2024
Figure 67: China Market Share Analysis (%) by Component, 2023 and 2034
Figure 68: China Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 69: China Market Share Analysis (%) by End-user, 2023 and 2034
Figure 70: Japan Market Value Proportion Analysis, 2024
Figure 71: Japan Market Share Analysis (%) by Component, 2023 and 2034
Figure 72: Japan Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 73: Japan Market Share Analysis (%) by End-user, 2023 and 2034
Figure 74: South Korea Market Value Proportion Analysis, 2024
Figure 75: South Korea Market Share Analysis (%) by Component, 2023 and 2034
Figure 76: South Korea Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 77: South Korea Market Share Analysis (%) by End-user, 2023 and 2034
Figure 78: South Asia & Pacific Market Value (US$ million) Analysis, 2019 to 2023
Figure 79: South Asia & Pacific Market Value (US$ million) Forecast, 2024 to 2034
Figure 80: South Asia & Pacific Market Value Share, by Component (2024 E)
Figure 81: South Asia & Pacific Market Value Share, by Delivery Mode (2024 E)
Figure 82: South Asia & Pacific Market Value Share, by End-user (2024 E)
Figure 83: South Asia & Pacific Market Value Share, by Country (2024 E)
Figure 84: South Asia & Pacific Market Attractiveness Analysis by Component, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Delivery Mode, 2024 to 2034
Figure 86: South Asia & Pacific Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 87: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 88: India Market Value Proportion Analysis, 2024
Figure 89: India Market Share Analysis (%) by Component, 2023 and 2034
Figure 90: India Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 91: India Market Share Analysis (%) by End-user, 2023 and 2034
Figure 92: ASEAN Countries Market Value Proportion Analysis, 2023
Figure 93: Global Vs. ASEAN Countries Growth Comparison, 2024 to 2034
Figure 94: ASEAN Countries Market Share Analysis (%) by Component, 2023 and 2034
Figure 95: ASEAN Countries Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 96: ASEAN Countries Market Share Analysis (%) by End-user, 2023 and 2034
Figure 97: Australia & New Zealand Market Value Proportion Analysis, 2024
Figure 98: Australia & New Zealand Market Share Analysis (%) by Component, 2023 and 2034
Figure 99: Australia & New Zealand Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 100: Australia & New Zealand Market Share Analysis (%) by End-user, 2023 and 2034
Figure 101: Western Europe Market Value (US$ million) Analysis, 2019 to 2023
Figure 102: Western Europe Market Value (US$ million) Forecast, 2024 to 2034
Figure 103: Western Europe Market Value Share, by Component (2024 E)
Figure 104: Western Europe Market Value Share, by Delivery Mode (2024 E)
Figure 105: Western Europe Market Value Share, by End-user (2024 E)
Figure 106: Western Europe Market Value Share, by Country (2024 E)
Figure 107: Western Europe Market Attractiveness Analysis by Component, 2024 to 2034
Figure 108: Western Europe Market Attractiveness Analysis by Delivery Mode, 2024 to 2034
Figure 109: Western Europe Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 110: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 111: United Kingdom Market Value Proportion Analysis, 2024
Figure 112: United Kingdom Market Share Analysis (%) by Component, 2023 and 2034
Figure 113: United Kingdom Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 114: United Kingdom Market Share Analysis (%) by End-user, 2023 and 2034
Figure 115: Germany Market Value Proportion Analysis, 2024
Figure 116: Germany Market Share Analysis (%) by Component, 2023 and 2034
Figure 117: Germany Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 118: Germany Market Share Analysis (%) by End-user, 2023 and 2034
Figure 119: Italy Market Value Proportion Analysis, 2024
Figure 120: Italy Market Share Analysis (%) by Component, 2023 and 2034
Figure 121: Italy Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 122: Italy Market Share Analysis (%) by End-user, 2023 and 2034
Figure 123: France Market Value Proportion Analysis, 2024
Figure 124: France Market Share Analysis (%) by Component, 2023 and 2034
Figure 125: France Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 126: France Market Share Analysis (%) by End-user, 2023 and 2034
Figure 127: Spain Market Value Proportion Analysis, 2024
Figure 128: Spain Market Share Analysis (%) by Component, 2023 and 2034
Figure 129: Spain Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 130: Spain Market Share Analysis (%) by End-user, 2023 and 2034
Figure 131: Nordic Countries Market Value Proportion Analysis, 2024
Figure 132: Nordic Countries Market Share Analysis (%) by Component, 2023 and 2034
Figure 133: Nordic Countries Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 134: Nordic Countries Market Share Analysis (%) by End-user, 2023 and 2034
Figure 135: BENELUX Market Value Proportion Analysis, 2024
Figure 136: BENELUX Market Share Analysis (%) by Component, 2023 and 2034
Figure 137: BENELUX Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 138: BENELUX Market Share Analysis (%) by End-user, 2023 and 2034
Figure 139: Eastern Europe Market Value (US$ million) Analysis, 2019 to 2023
Figure 140: Eastern Europe Market Value (US$ million) Forecast, 2024 to 2034
Figure 141: Eastern Europe Market Value Share, by Component (2024 E)
Figure 142: Eastern Europe Market Value Share, by Delivery Mode (2024 E)
Figure 143: Eastern Europe Market Value Share, by End-user (2024 E)
Figure 144: Eastern Europe Market Value Share, by Country (2024 E)
Figure 145: Eastern Europe Market Attractiveness Analysis by Component, 2024 to 2034
Figure 146: Eastern Europe Market Attractiveness Analysis by Delivery Mode, 2024 to 2034
Figure 147: Eastern Europe Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 148: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 149: Russia Market Value Proportion Analysis, 2024
Figure 150: Russia Market Share Analysis (%) by Component, 2023 and 2034
Figure 151: Russia Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 152: Russia Market Share Analysis (%) by End-user, 2023 and 2034
Figure 152: Hungary Market Value Proportion Analysis, 2024
Figure 153: Hungary Market Share Analysis (%) by Component, 2023 and 2034
Figure 154: Hungary Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 155: Hungary Market Share Analysis (%) by End-user, 2023 and 2034
Figure 156: Poland Market Value Proportion Analysis, 2024
Figure 157: Poland Market Share Analysis (%) by Component, 2023 and 2034
Figure 158: Poland Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 159: Poland Market Share Analysis (%) by End-user, 2023 and 2034
Figure 160: Middle East & Africa Market Value (US$ million) Analysis, 2019 to 2023
Figure 161: Middle East & Africa Market Value (US$ million) Forecast, 2024 to 2034
Figure 162: Middle East & Africa Market Value Share, by Component (2024 E)
Figure 163: Middle East & Africa Market Value Share, by Delivery Mode (2024 E)
Figure 164: Middle East & Africa Market Value Share, by End-user (2024 E)
Figure 165: Middle East & Africa Market Value Share, by Country (2024 E)
Figure 166: Middle East & Africa Market Attractiveness Analysis by Component, 2024 to 2034
Figure 167: Middle East & Africa Market Attractiveness Analysis by Delivery Mode, 2024 to 2034
Figure 168: Middle East & Africa Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 169: Middle East & Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 170: Saudi Arabia Market Value Proportion Analysis, 2024
Figure 171: Saudi Arabia Market Share Analysis (%) by Component, 2023 and 2034
Figure 172: Saudi Arabia Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 173: Saudi Arabia Market Share Analysis (%) by End-user, 2023 and 2034
Figure 174: Türkiye Market Value Proportion Analysis, 2024
Figure 175: Türkiye Market Share Analysis (%) by Component, 2023 and 2034
Figure 176: Türkiye Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 177: Türkiye Market Share Analysis (%) by End-user, 2023 and 2034
Figure 178: South Africa Market Value Proportion Analysis, 2023
Figure 179: South Africa Market Share Analysis (%) by Component, 2023 and 2034
Figure 180: South Africa Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 181: South Africa Market Share Analysis (%) by End-user, 2023 and 2034
Figure 182: Other African Union Market Value Proportion Analysis, 2023
Figure 183: Other African Union Market Share Analysis (%) by Component, 2023 and 2034
Figure 184: Other African Union Market Share Analysis (%) by Delivery Mode, 2023 and 2034
Figure 185: Other African Union Market Share Analysis (%) by End-user, 2023 and 2034
The laboratory information system market size is set to reach US$ 2,166.3 million in 2024.
The laboratory information market value is expected to total US$ 3,620.3 million by 2034.
The global market increased at a CAGR of 4.4% from 2019 to 2023.
Laboratory information system demand is poised to grow at 5.3% CAGR.
With a share of 59.9% in 2023, the services segment dominates the target market.
The United States laboratory information system market is set to rise at 3.6% CAGR through 2034.
Sales of laboratory information systems in China are set to rise at 11.5% CAGR through 2034.
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