Pharmaceutical Laboratory Information Management Systems Market by Companies, Growth, Competitors Analysis, New Technology and Forecast to 2028 – Abbott Laboratories; Agilent Technologies, Inc.; Epic Systems Corporation; Autoscribe Informatics; Genologics
Pharmaceutical Laboratory Information Management Systems Market research report carries out the methodical and comprehensive market research study that puts forth the facts and figures linked with any subject about Industry. The forecast, analysis, evaluations, and estimations carried out in this business report are all based upon the well-established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. This market analysis report acts as a great support to any size of business whether it is large, medium or small.
With the study of competitor analysis, businesses get the know-how of the strategies of key players in the market that includes but are not limited to new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. This market research report provides a granular analysis of the market share, segmentation, revenue forecasts, and geographic regions of the market. The report comprises a professional and in-depth study on the current state which focuses on the major drivers and restraints for the key players.
Global Pharmaceutical Laboratory Information Management Systems Market is expected to grow with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the advancements in technologies provided along with the software.
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Pharmaceutical LIMS (Laboratory Information Management Systems) is a software service developed for use in various labs which helps in achieving automation of operations in a laboratory, it also helps in categorizing and managing information associated with the lab. This software helps in keeping a track of the information resulting in enhanced efficiency and effectiveness of operations.
Market Drivers
- Increasing demand for automated operations from the various industries due to the demand for efficient operations is expected to drive the growth of the market
- Rise in incidences of chronic diseases globally; this factor is expected to drive the growth of the market
Market Restraints
- High levels of cost associated with installation and integration of these software services is expected to restrain the market growth
- Lack of knowledgeable and skilled technicians for the integration and operations of this system is expected to restrain the market growth
Provided for Major Regions as Follows:
North America (USA, Canada, and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries, etc.)
Middle-East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
TOC of The Report :
Executive Summary
- Market Definition and Overview.
- Market segment analysis
Market Landscape
- Market ecosystem
- Value chain analysis
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- The threat of new entrants
- Threat of substitutes
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- High-performance Plastics Market size and forecast
- Market opportunity by Product
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Analysis
- Vendors covered
- Market positioning of vendors.
Appendix
- Scope of the report
- Research methodology
- List of abbreviations
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Major Key Competitors:
Few of the major competitors currently working in the pharmaceutical laboratory information management systems market are LabWare; Abbott Laboratories; Agilent Technologies, Inc.; Epic Systems Corporation; Autoscribe Informatics; Genologics, an Illumina company; Accelerated Technology Laboratories, Inc.; Thermo Fisher Scientific Inc.; IBM Watson Health; LabLynx, Inc.; LabVantage Solutions, Inc.; LABWORKS; Siemens; CompuGroup Medical SE; Orchard Software Corporation; Cerner Corporation; SCC SOFT COMPUTER; Sunquest Information Systems, Inc.; McKesson Corporation; Medical Information Technology, Inc. and CPSI.
Market Segmentation:
- By Product
- Standalone
- Integrated
- By Delivery Mode
- On-Premise
- Web-Based
- Cloud-Based
- By Component
- Service
- Software
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global pharmaceutical laboratory information management systems market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Key Developments in the Market:
- In May 2018, Agilent Technologies, Inc. announced that they had agreed to acquire Genohm. This acquisition will enable Agilent in developing different informatics solutions for the various operational segments of laboratories
- In September 2015, Illumina, Inc. announced that they had completed the acquisition of GenoLogics Life Science Software Inc. This acquisition will help in developing enhanced LIMS software solutions and enhance Illumina’s informatics solution portfolio
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Competitive Analysis:
Global pharmaceutical laboratory information management systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pharmaceutical laboratory information management systems market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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