Jay Mangade's blog : Global Laboratory Information System LIS Market – Industry Analysis and Forecast (2019-2026)
Global Laboratory Information System LIS Market is expected to reach USD XX Billion by 2026 from USD 1.53 Billion in 2019 at CAGR of XX % (Detailed analysis of the market CAGR is provided in the report).
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Laboratory Information System LIS Market
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Laboratory Information System LIS is a software solution that captures, records and manages patients data collected during medical processes and tests. The stored information is then saved in the LIS database for future reference. LIS is capable of maintaining patient check-in, patient demographics, order entry, specimen processing and result from entry as well as LIS also streamline laboratory processes to decrease specimen handling time, increase productivity, and improve turnaround time.
Global Laboratory Information System LIS Market is segmented by product, delivery mode, component, end user, and geography. A component segment is classified as software and services. Service segment is expected to hold the largest market share in the forecast period. Indispensable nature of these services along with the availability of advanced LIS services by key players are expected to drive service segment growth.
Global Laboratory Information System LIS Market Segment analysis:
Delivery mode segment is divided as web-based LIS, cloud-based LIS, and on-premises LIS. On-premises LIS sub segment is estimated to hold the largest market share in the forecast period. Issues related to data security and customization feature of this delivery mode will result into the increasing share of on-premises LIS segment market. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Increase in the prevalence of chronic disease, rising need to control diagnostic errors, and utilization of LIS to enhance laboratory clinical workflow efficiency are trending the overall Global Laboratory Information System LIS market. The high cost of the laboratory information system may hamper the market growth. North America is expected to dominate the LIS market during the forecast period followed by Europe and APAC. An increasing prevalence of chronic disease and increasing initiatives by industry players and government in the field of healthcare in the region will fuel the Global Laboratory Information System LIS Market in North America region.
Global Laboratory Information System (LIS) Market Research Methodology
The research methodology used in this report includes primary as well as secondary information. Hoovers, Bloomberg, and Factiva are some of the sites that are being referred to gain insights about Global Laboratory Information System LIS Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Laboratory Information System LIS Market globally.
Global Laboratory Information System LIS Market, Key Highlights:
• Global Laboratory Information System LIS Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Laboratory Information System LIS Market
• Global Laboratory Information System LIS Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Laboratory Information System LIS Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Laboratory Information System LIS Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Laboratory Information System LIS Market are also profiled.
Key Players in the Global Laboratory Information System LIS Market:
• SCC Soft Computer
• Merge Healthcare, Inc.
• Computer Programs and Systems, Inc.
• Compugroup Medical AG
• Meditech
• EPIC Systems Corporation
• Sunquest Information Systems, Inc.
• Mckesson Corporation
• Cerner Corporation
• LabWare
• Evident
• Epic Systems Corporation
• Sunquest Information Systems Inc.
• STARLIMS Corporation
• Labvantage Solutions Inc.
• AAC Infotray AG
• Autoscribe Informatics Inc.
• 3M Health Information Systems Inc.
• Thermo Fisher Scientific Inc.
• Dassault Systèmes
Global Laboratory Information System (LIS) Market Key Target Audience:
• Venture Capitalists, Private Equity Firms, And Startup Companies
• Healthcare IT service providers
• Healthcare IT vendors
• Healthcare payers
• Commercial/independent laboratories
• Physician office laboratories
• Hospital laboratories
• Healthcare associations/institutes
• Government Bodies And Healthcare Associations/Institutions
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Scope of the Global Laboratory Information System (LIS) Market: Inquire before buying
Research report categorizes the Global Laboratory Information System /LIS Market based on product, delivery mode, component, end user, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Laboratory Information System /LIS Market with key developments in companies and market trends.
Global Laboratory Information System LIS Market, By Product
• Standalone
• Integrated
Global Laboratory Information System / LIS Market, By Delivery Mode
• Web-based LIS
• Cloud-Based LIS
• On-Premises LIS
Global Laboratory Information System (LIS) Market, by Component
• Software
• Services
• Hardware
Global Laboratory Information System / LIS Market, By End User
• Hospital Laboratories
• Independent Laboratories
• Physician Office Laboratories (POL)
• Other End User
Global Laboratory Information System /LIS Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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