Research blog

The Global laboratory information management system market will grow at a CAGR of 7.3% from 2018 to 2023 to reach USD 1,133.5 million by 2023, driven by various factors such as growing automation in laboratories, technological advancements in LIMS systems, growing need for regulatory compliance, and increasing R&D spending, and increasing awareness through conferences, seminars & workshops. Emerging economies such as Latin America, Asia-Pacific, and Middle East & Africa further provides significant potential for growth. Moreover, rapid adoption of cloud-based LIMS solutions provides immense growth opportunities for various stakeholders in the laboratory information management system market. Global laboratory information management system   The laboratory information management system market is mainly categorized by type (multi-purpose LIMS, and purpose-built LIMS), mode of delivery (on-premise solutions, cloud-based solutions, and web-based solutions), com...

The global Life sciences and laboratory equipment market is expected to grow at a CAGR of 7.2% from 2018 to 2023 to reach USD 55,932.4 million by 2023, driven by various government initiatives, increasing investments and funding for life sciences, increasing clinical capabilities, expansion in the various application areas, and growing academic-industry collaborations. Moreover, growing proteomics market, rising investments in the personalized medicine, growing data analysis and management systems, and significant opportunities from emerging Asia-Pacific and Latin American markets provides significant opportunities for the various stakeholders in this market. Key Market Segments to Watch   Life sciences and laboratory   The global life sciences and laboratory equipment market is mainly segmented by technology (spectroscopy, chromatography, lab automation, surface science, DNA amplifiers & sequencers, immunoassay analyzers, flow cytometry, microarray, and electr...