Market Overview:
United States laboratory informatics market size is projected to exhibit a growth rate (CAGR) of 3.80% during 2024-2032. The development of technologically advanced platforms by key players and the growing popularity of personalized medicine are primarily driving the market growth across the country.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
3.80% |
Laboratory informatics refers to a specialized application utilizing instruments, software, and data management tools. Serving as a central system, it captures, stores, manages, shares, and interprets scientific data for immediate utilization. This application plays a crucial role in supporting research and development (R&D) and laboratory testing, aiming to optimize the efficiency of laboratory operations and ensure the generation of high-quality, reliable data. In the contemporary landscape, the demand for laboratory informatics is on the rise, on account of the numerous technological advancements and the increasing automation across diverse industries.
United States Laboratory Informatics Market Trends:
The United States laboratory informatics market is experiencing a surge in growth, fueled by key drivers and emerging trends that underscore the critical role of technology in enhancing laboratory operations. A primary driver is the increasing demand for efficient data management across laboratories, driven by the escalating volume and complexity of scientific data. Moreover, laboratory informatics solutions, encompassing instruments, software, and data management tools, address this need by providing a centralized system for capturing, storing, and interpreting scientific data in real-time. Besides this, technological advancements, including the integration of artificial intelligence and machine learning, are shaping the laboratory informatics landscape in the United States. These innovations enhance data analysis capabilities, streamline workflows, and contribute to the overall efficiency of laboratory operations. Additionally, the rise of automation in various industries is propelling the adoption of laboratory informatics solutions, further driving the market growth across the country. Furthermore, a notable trend is the focus on ensuring data integrity and compliance with regulatory standards. Laboratory informatics plays a pivotal role in meeting regulatory requirements, providing a secure and traceable environment for managing scientific data. As laboratories increasingly prioritize data accuracy and compliance, the demand for advanced solutions continues to rise in the United States, which is anticipated to fuel the market growth over the forecasted period.
United States Laboratory Informatics Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product, delivery mode, component, and end use.
Product Insights:
- Laboratory Information Management Systems (LIMS)
- Electronic Lab Notebooks (ELN)
- Scientific Data Management Systems (SDMS)
- Laboratory Execution Systems (LES)
- Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS)
- Chromatography Data Systems (CDS)
- Enterprise Content Management (ECM)
The report has provided a detailed breakup and analysis of the market based on the product. This includes laboratory information management systems (LIMS), electronic lab notebooks (ELN), scientific data management systems (SDMS), laboratory execution systems (LES), electronic data capture (EDC) and clinical data management systems (CDMS), chromatography data systems (CDS), and enterprise content management (ECM).
Delivery Mode Insights:
- On-premises
- Web-hosted
- Cloud-based
A detailed breakup and analysis of the market based on delivery mode have also been provided in the report. This includes on-premises, web-hosted, and cloud-based.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services.
End Use Insights:
- Life Science Companies
- CROs
- Chemical Industry
- Food and Beverage and Agriculture Industries
- Environmental Testing Laboratories
- Petrochemical Refineries and Oil and Gas Industry
- Others
A detailed breakup and analysis of the market based on end uses have also been provided in the report. This includes life science companies, CROs, chemical industry, food and beverage and agriculture industries, environmental testing laboratories, petrochemical refineries and oil and gas industry, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Laboratory Informatics Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product
- Delivery Mode
- Component
- End Use
- Region
|
Products Covered |
Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES), Electronic Data Capture (EDC) and Clinical Data Management Systems (CDMS), Chromatography Data Systems (CDS), Enterprise Content Management (ECM) |
Delivery Modes Covered |
On-premises, Web-hosted, Cloud-based |
Components Covered |
Software, Services |
End Uses Covered |
Life Science Companies, CROs, Chemical Industry, Food and Beverage and Agriculture Industries, Environmental Testing Laboratories, Petrochemical Refineries and Oil and Gas Industry, Others |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States laboratory informatics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States laboratory informatics market?
- What is the breakup of the United States laboratory informatics market on the basis of product?
- What is the breakup of the United States laboratory informatics market on the basis of delivery mode?
- What is the breakup of the United States laboratory informatics market on the basis of component?
- What is the breakup of the United States laboratory informatics market on the basis of end use?
- What are the various stages in the value chain of the United States laboratory informatics market?
- What are the key driving factors and challenges in the United States laboratory informatics?
- What is the structure of the United States laboratory informatics market and who are the key players?
- What is the degree of competition in the United States laboratory informatics market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States laboratory informatics market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States laboratory informatics market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States laboratory informatics industry and its attractiveness.
- A competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.