Global Laboratory Information System Market To Reach US$ 2 Billi - Erie News Now | WICU & WSEE in Erie, PA

Global Laboratory Information System Market To Reach US$ 2 Billion By 2020


The global laboratory information system market is expected to exceed US$ 2 billion by 2020, registering a compound annual growth rate (CAGR) of more than 8.5% during the forecast period. The rising prevalence and incidence of chronic diseases, strong government support and initiatives to promote healthcare IT implementation, increasing adoption of laboratory information system to enhance lab efficiency, integration of laboratory information system and EHR systems, and the introduction of new and advanced products are expected to drive the market. However, the high cost of laboratory information system and lack of skilled IT professionals in the healthcare industry are hindering the growth of the market.

In this report, the global laboratory information system market is segmented by type, delivery mode, end user, component, and region. On the basis of type, the market is segmented into standalone LIS and integrated LIS. The market on the basis of delivery mode includes on-premise, remotely-hosted, and cloud-based. The market by end user includes clinical diagnostic laboratories, molecular diagnostic laboratories, blood banks, and anatomic and pathological laboratories. On the basis of end user, the market is segmented into software and services.s

The global laboratory information system market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the leading market owing to the implementation of laboratory information system. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional laboratory information system market and analyzes the variations in the growth of the industry in certain regions.

Sunquest Information Systems, Cerner Corporation, SSC Soft Computer, CompuGroup Medical AG, McKesson Corporation, Epic Systems Corporation, Medical Information Technology, Orchard Software Corporation, Computer Programs and Systems, and Merge Healthcare are the most active players in the laboratory information system market.

A glimpse of the report structure is provided in the report description available on the website.

This report covers the laboratory information system market, in terms of value, and forecasts the market size till 2020. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the laboratory information system market will help customers with the identification of new market opportunities and targeted promotional plans.


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