Healthcare Laboratory Informatics Market Outlook & Regional Growth Analysis by 2024

Healthcare laboratory informatics market is rapidly emerging as a renowned business fraternity, of late. Growing demand for integration of clinical data and workflow management solutions has brought tremendous growth opportunities in healthcare laboratory informatics industry across the globe. The widening scope of laboratory informatics solution in healthcare to enable improved regulatory compliance and better diagnosis has further stimulated the industry demand.

Technological innovations play a major role in the development of laboratory informatics, as is obvious from the increase in expectations of continuous data transfer amid numerous communication devices. The industry is also expected to witness expansion due to the escalating need for real-time results that are complete, accurate, and give a futuristic business view.

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Cloud-based healthcare laboratory informatics market is gaining immense business opportunities as it has effectively provided services via internet combating the locational barriers. Providing alerts to patients about health risks, disease monitoring, and geospatial mapping are few of the service areas presented by cloud computing technology. Indeed, cloud technology also helps labs to streamline operations, save resources, and ensure user satisfaction.

On the product front, laboratory information management systems (LIMS) is witnessing a phenomenal demand from biobanks and biotech companies. Factors such as easy data tracking and less errors have led the LIMS healthcare laboratory informatics industry to witness lucrative growth over its other counterparts including Electronic lab notebooks (ELN), scientific data management systems (SDMS), and Chromatography Data System.

The global healthcare laboratory informatics market growth in China is expected to reach USD 129.1 million by 2024 propelled by the rising geriatric population and increasing disposable income. Additionally, government healthcare policies and initiatives to reform public hospitals promote a tiered health care system, decrease unwanted drug usage and health insurance will favor the segment penetration.

The market players are rapidly indulging in growth strategies like M&As, geographical expansion, and R&D to sustain their position in the fiercely competitive terrain. Some of the renowned names in the healthcare laboratory informatics market include Perkin Elmer, LabVantage, Thermo Fisher, Abbott Informatics.

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Partial Chapter of the Table of Content

Chapter 4. Healthcare Laboratory Informatics Market, By Product

4.1. Healthcare laboratory informatics industry share by product, 2017 & 2024

4.2. Laboratory Information Management System (LIMS)

4.2.1.  Market size, by region, 2013 – 2024 (USD Million)

4.3. Electronic Lab Notebook (ELN)

4.3.1.  Market size, by region, 2013 – 2024 (USD Million)

4.4. Scientific Data Management System (SDMS)

4.4.1.  Market size, by region, 2013 – 2024 (USD Million) 

4.5. Chromatography Data System (CDS)

4.5.1.  Market size, by region, 2013 – 2024 (USD Million) 

4.6. Laboratory Execution System (LES)

4.6.1.  Market size, by region, 2013 – 2024 (USD Million) 

4.7. Others

4.7.1.  Market size, by region, 2013 – 2024 (USD Million) 

Chapter 5. Healthcare Laboratory Informatics Market, By Deployment

5.1. Market share by deployment, 2017 & 2024

5.2. On premise

5.2.1.  Market size, by region, 2013 – 2024 (USD Million)

5.3. Cloud based

5.3.1.  Market size, by region, 2013 – 2024 (USD Million)

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