-- Top players in Laboratory Informatics Market include Thermo Fisher Scientific, Inc. (US), LabWare (US), LabVantage Solutions, Inc. (US), Abbott Informatics (US), Waters Corporation (US), Agilent Technologies (US), IDBS (UK), PerkinElmer Inc. (US), Autoscribe Informatics (UK), Arxspan LLC (US), Dassault Systèmes (France), RURO Inc. (US), Kinematik (Ireland), LabLynx, Inc. (US), and LABWORKS (US).
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The global laboratory informatics market is expected to reach USD 2.97 billion by 2021 from an estimated value of USD 2.20 billion, growing at a CAGR of 6.2% during the forecast period. The laboratory informatics market in this report is segmented on the basis of product type, deployment model, component, industry, and region.
The study estimates the global laboratory informatics market and projects its demand till 2022. This research study involved the extensive use of secondary sources; directories; databases such as Hoovers, Bloomberg Business, Factiva, and OneSource; white papers; annual reports; company house documents; and SEC filings of companies. Secondary research was mainly used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the global market.
The objectives of this study are as follows:
• To define, describe, and forecast the laboratory informatics market by type of solution, component, deployment model, industry, and region
• To provide detailed information regarding major factors influencing the growth of the market (drivers, restraints, opportunities, challenges, and market-specific trends)
• To analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
• To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia, and the Rest of the World (RoW)
• To profile key players and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments such as expansions, mergers and acquisitions, and product developments in the laboratory informatics market
• To benchmark players within the market using a proprietary "Competitive Leadership Mapping" framework, that analyzes market players on various parameters within the broad categories of business strategy excellence and strength of product portfolio
“Pharmaceutical and biotechnology companies to dominate the laboratory informatics market”
In life sciences industry, improving FDA approval levels and a positive sales outlook are allowing pharmaceutical companies to allocate more capital to R&D spending. Asia is projected to be the fastest-growing region during forecast period. Factors such as increasing R&D activities & development of supporting infrastructure in research laboratories have generated a demand for laboratory informatics solutions in Asia.
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The report provides lab informatics market share analysis and competitive landscape insights that cover the growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted. Report also helps stakeholders understand pulse of market and provides them with information regarding key market drivers, restraints, challenges, and opportunities.
Competitive Landscape
1 Introduction
2 Market Share Analysis
3 Competitive Leadership Mapping
4 Visionary Leaders
5 Innovators
6 Dynamic Differentiators
7 Emerging Companies
8 Competitive Benchmarking
9 Strength of Product Portfolio (25 Companies)
10 Business Strategy Excellence (25 Companies)
The global laboratory informatics market, by component is segmented into services and software. In 2017, services are expected to account for the largest market share and are expected to witness high growth during the forecast period. . Growth in this segment can be attributed to the technological advancements in solution offerings by various vendors, increasing adoption of cloud-based solutions, growing need for consulting services, and the recurring nature of services.
Download the Complete Report Now on “Lab Informatics Market by Product (CDS, EDC, LES, ECM, ELN, LIMS, SDMS), Component (Software, Services), Delivery (On-Premise, Hosted, Cloud) & Industry (CROs, Pharma, Biotechnology, Chemical, Petrochemical, F&B, Agriculture, Oil, Gas) - Forecasts to 2021” report at http://www.rnrmarketresearch.com/contacts/purchase?rname=1187401 .
This market research data, current market sizes, and forecast of future trends will help key players and new entrants make decisions regarding product offerings, geographical focus, changes in strategic approach,R&D investments for innovations in products and technologies, and levels of output in order to remain successful.
The primary interviews conducted for this report can be categorized as follows:
• By Company Type: Tier 1 – 32%; Tier 2 - 44%; Tier 3 -24%.
• By Designation: C-level- 30%; D-level- 34%; Others- 36%.
• By Region: North America–43%; Europe.-33%;Asia 16%; Rest of the World (RoW): 8%
The report will help the market leaders/new entrants in this market by providing them with the closest approximations of the revenue numbers for the overall laboratory informatics market and the subsegments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses better and make suitable go-to-market strategies. The report also helps the stakeholders understand the pulse of the market and provides them with information regarding key market drivers, restraints, challenges, and opportunities.
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Release ID: 480862
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