New York, United States, June 30, 2021 (GLOBE NEWSWIRE) –
Laboratory Computing Market Overview
According to a comprehensive research report from Market Research Future (MRFR), âLaboratory Computing Market insights by product, type, component, deployment model, end user and region – Forecast to 2027The market was valued at USD 2,422 million in 2018 and is expected to register a CAGR of 7.2% by 2025.
The increasing participation of several companies in the development and innovation of laboratory information systems can support the expansion of the market. For example, Sysmex Corporation, a healthcare solutions provider in Japan, launched a new network solution, Caresphere, designed to deliver new value through the practical utility of the information offered by those involved in healthcare. health and testing. Various other causes, such as increasing adoption rate of cloud-based platforms by contract research organizations (CROs), growing preference for personalized medicine, increasing regulatory approvals, markets emerging markets and the increase in R&D in the medical field, should support the boom in the laboratory market in the near future. On the contrary, high service and maintenance costs may hamper the market rise during the forecast period. In addition, the high expenditure associated with animal health, low awareness of animal health, and the unaffordability of various veterinary services in developing and underdeveloped regions may also hamper the boom in the laboratory computing market. during the analysis period.
The awareness of laboratory computing for specialized computing applications and the growing need to optimize and expand laboratory operations may prompt the resurgence of the laboratory computing market in the years to come.
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Competitive Landscape of the Laboratory Computing Market
Some of the reputed players operating in the global laboratory computing market are:
- Abbott Laboratories
- Accelerated Technology Laboratories
- Agilent Technologies, Inc.
- Limited automatic entry
- Cerner Corporation
- Dassault SystÃ¨mes
- Lablynx, Inc.
- Labvantage Solutions, Inc.
- Laboratory equipment
- LLC Laboratories
- McKesson Company
- Perkinelmer inc.
- Thermo Fisher Scientific Inc.
High infrastructure costs and lack of effective expertise are major threats to the laboratory computing market.
COVID 19 analysis
With the help of laboratory computing, laboratory personnel can easily manage patient results. Advanced laboratory computing solutions provide patient results of serological and diagnostic tests on a single screen for increased laboratory efficiency. Laboratory computing is gaining traction as the need and urgency for accurate laboratory reports on any positive test related to SARS-CoV-2 by public health authorities increases. It is observed that several diagnostic centers generate decent income through the use of strong reporting capabilities of laboratory information systems. Thus, the COVID 19 pandemic has been observed to have a positive impact on the laboratory computing market globally.
Browse the In-Depth (90 Pages) Laboratory Computing Market Research Report: https://www.marketresearchfuture.com/reports/laboratory-informatics-market-8106
Laboratory Computing Market Segment Assessment:
The assessment of the global laboratory computing market segment is based on component, product, end user, and deployment model.
Product segments of the Laboratory Computing market are Chromatography Data Systems (CDS), Laboratory Information Management Systems (LIMS), Electronic Data Capture (EDC), Electronic Laboratory Notebooks ( ELN), Laboratory Execution Systems (LES), Clinical Data Management. Systems (CDMS), Scientific Data Management Systems (SDMS), Enterprise Content Management (ECM). The Laboratory Information Management Systems (LIMS) segment is further classified as Industry Specific LIMS and Broad Based LIMS.
The component-based segments of the laboratory computing market are services and software.
The deployment model-based segments of the laboratory computing market are on-premises models, remotely hosted models, and cloud-based models.
End-user-based laboratory computing market segments are scientific companies, environmental testing laboratories, and CROs, among others. The CRO segment is expected to thrive during the forecast period due to increased adoption by outsourcing companies to lower healthcare costs.
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In the current framework of the market research, the Global Laboratory Computing Market is studied in four regions of the world; Europe, Americas, Middle East, Africa and Asia-Pacific. In America, the laboratory computing market is studied for North America and South America. The United States and Canada are assessed in the North America region. The laboratory computing market research in Europe is segmented into Eastern Europe and Western Europe. The market in Western Europe is assessed for Germany, France, Italy, United Kingdom, Spain and the rest of Western Europe. Finally, the Asia-Pacific Laboratory Computing Market is analyzed for Japan, South Korea, China, India, Australia, and the rest of Asia-Pacific.
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