Featured Articles
Boost Your Website Traffic with High Quality DA/PA 40+ Backlinks
Apr 7, 2023
In today’s competitive world, one must be knowledgeable about the latest online bus...
Oct 12, 2018
Laboratory information systems (LIS) are an array of software and hardware designed to capture and store healthcare data pertaining to clinical laboratories, analytical laboratories, and healthcare industry. Technological advances in labs and massive demand for automation are inducing the demand for LIS. The global laboratory information systems market report by Market Research Future (MRFR) covers drivers, challenges, trends, and opportunities for the forecast period (2019-2025).
Market Scope
The global laboratory information systems market is projected to reach a valuation of USD 20,757.12 million by 2025. It is predicted to exhibit a CAGR of 7.1% during the forecast period. It is expected to face massive demand owing to its ability to improve the efficiency of hospitals.
Adoption of advanced healthcare systems in light of the recent surge of digitization of health records can work in favor of the market. Investments by healthcare IT companies and the mushrooming of hospital chains by expanding into rural areas can bolster the market growth.
Technological advances in pharmaceutical and biopharmaceutical laboratories can act as a catalyst for the market. The focus on drug discovery & development and development of assays to assess the presence of diseases can induce the need for LIS. This can expedite the process to a huge degree in adherence to GMP, GCP, and GDP standards. Availability of cloud for storing and management of huge volumes of data can fuel the global LIS market.
Competition Outlook
Medical Information Technology Inc., McKesson Corporation, LabWare Inc, IBM, Abbott Laboratories, Roper Industries, Thermo Fisher Scientific Inc., TCG Lifesciences Pvt. Ltd, and Cerner Corporation are key players of the global laboratory information systems market. Partnerships and distribution agreements are key strategies undertaken by players to sustain their market hold.
Article source: https://article-realm.com/article/Sports-Recreation/12592-Laboratory-Information-Systems-Market-Growth-Insights-Share-and-Forecast-to-2025.html
Comments
Reviews
Most Recent Articles
- Jul 28, 2026 Global Sports Car Market Outlook: Size, Trends, and Growth Prospects by coherentmarketinsights
- Jul 19, 2026 Shark Diving – Is It Safe? by Anna Paquin
- Jun 11, 2026 Golf Majors Explained: What They Are, Why They Matter, and What Makes Each One Unique by ParTee Of18
- Jun 9, 2026 Masters Golf History - How Augusta's Greatest Tournament Was Built by ParTee Of18
- Apr 1, 2026 The Step-by-Step Blueprint to Launch the Next Big Fantasy Sports App by Guest
Most Viewed Articles
- 4970 hits Guide to choosing a Spa by Jaroinn Ms
- 4961 hits Difference Between Private And Public Cord Blood Banking by avantika singh
- 3941 hits Tips and Tricks by peterjohnee
- 3124 hits Generic Viagra Proving To Be an Effective Solution to Cure Erectile Dysfunction by Guest
- 2748 hits Careprost Eye Drops For Eyelashes by stella harlow
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
81082 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
53447 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is...
37084 Views
Facebook, the best and most used social app in the world, has all the social features you need. However, one feature is missing. You cannot chat...
23379 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
14608 Views
Moving becomes easy when you have the right moving accessories. These moving accessories help secure and protect your item by ensuring that no harm...
12884 Views
A lot of us look forward to the result of moving and not the process itself. It is pretty typical behavior, though. As modern people, many things...
12532 Views
Building a custom home is an exciting adventure. It’s your chance to bring your vision to life and create an area that sincerely displays...
12306 Views
Moving from one state, city, or even to a whole different county, is something that is either dictated by choice or circumstance. This is because,...
11654 Views
A membrane contactor is a device that enables the transfer of components between two immiscible phases, typically a gas and a liquid, through a...
10451 Views
Statistics
| Members | |
|---|---|
| Members: | 16795 |
| Publishing | |
|---|---|
| Articles: | 78,668 |
| Categories: | 202 |
| Online | |
|---|---|
| Active Users: | 3034 |
| Members: | 13 |
| Guests: | 3021 |
| Bots: | 17086 |
| Visits last 24h (live): | 45295 |
| Visits last 24h (bots): | 38147 |
