Laboratory Information System Market Report 2016-2024: Global Industry Overview, Growth, & Share

Posted on 2018-08-17 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Aug-17 — /EPR Network/ —According to Goldstein Research, global laboratory information system market is expected to reach USD 2.75 billion by 2024, growing at a CAGR of 7.25%. The huge investment in health care performance, to shift towards advanced analytics in lab system and cloud technologies to store and analyze large data is driving the growth of the market. Global laboratory information system market segmentation has been done on the basis of the component, product type, delivery mode, end-user and geography. Service segment accounted for the largest market share of 52% in 2016 for being the most attractive segment.

On the other hand, the software segment is expected to dominate the market over the forecast period. Global laboratory information system market is dominated by North America with 51% market share in 2016. North America is closely followed by Europe market share backed by the increasing expenditure on protecting the patients’ data and securely exchange of data between clinicians and systems.

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Market Segmentation

On the basis of our in-depth analysis, Global Laboratory Information System Market can be segmented as follows:

Lab Information System Market, By Component

Solutions & Software
Clinical Lab Reference Testing Management Software
Paragon Clinical Patient Data App
Billing and Collection Services and Revenue Cycle Management
Paragon Ancillary Health Services EHR Solutions
System
Laboratory Solutions for Health Systems
Blood Bank Information Management System
Cardiac Cath Lab Information Management System
Echocardiography Information Management System

Lab Information System Market, By Product Type

Standalone
Integrated

Lab Information System Market, By Delivery Mode

On-premise
Web Based
Cloud-Based

Lab Information System Market, By End User

Clinical Labs
Anatomic pathology
Molecular diagnostics
Others (Laboratory Outreach)

Lab Information System Market, By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Laboratory Information System Market Outlook 2024” contains the detailed overview of the global laboratory information system market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by component, product type, delivery mode and end-user.

Further, for the in-depth analysis, Global Lab Information System Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market analysis report also includes competitive outlook of some of the major players profiling of companies such as CompuGroup Medical, Cerner Corp, McKesson, Evident, Medical Information Technology, LabWare, Sunquest Information Systems Inc., SCC Soft Computer, Epic Systems Corporation, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Objective of Report:

To analyze and forecast market size Laboratory Information System Market.
To calculate the expected growth rate of Laboratory Information System Market.

To classify and forecast Laboratory Information System Market based on product type, Installation Technology, end user, region
To identify market Key Players, driving factors, & trends of Laboratory Information System Market with the help of SWOT Analysis.
To identify and analyze the profiles of leading players involved in the manufacturing and supplying of Laboratory Information System Market.
To identify market opportunities for the existing and entry-level players.

Overall, the report represents the global laboratory information system market trends along with healthcare industry analysis that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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