Big Data Analytics and AI Propel Potential Growth Opportunities in the Global LIMS Sector
Data-based decision making and laboratory automation are driving market growth
Click image to view it in full size
A laboratory information management system (LIMS) is a type of application that is designed to enhance laboratory quality and performance by keeping track of data relating to samples, tests, workflows, and equipment.
In North America, the United States accounts for the majority market share. In Europe, the key participants are located in the United Kingdom. India is a strong market in Asia-Pacific because pharmaceutical production and export is high in the country. RoW is driven by the economic development of Latin American and African countries.
This Frost & Sullivan study analyzes the global LIMS market from 2016 to 2026 (base year is 2019). The market is segmented into on-premise LIMS and Web-based LIMS (further segmented into thin-client LIMS and cloud-based LIMS). Some of the industry verticals under study are pharmaceuticals, biotechnology, life sciences, and diagnostics; government, academic, and environmental research; and industrial.
Take your first step towards achieving growth-centric solutions with our
Growth Pipeline Dialog™. Speak to our industry experts in a complimentary open discussion that will spark innovative thinking and growth opportunities that will benefit your organization.