The laboratory information management systems (LIMS) industry in the United States and Europe is anticipated to grow at a lucrative rate. Growth drivers in both regions include the growing need for laboratory automation, regulatory compliance, and cloud-based solutions. The emphasis on data security and privacy and the need for advanced data analytics solutions to optimize operational efficiency and decision-making are driving LIMS adoption in both regions.
• Who are the main players and what is their strategy for growth?
• What factors influence the initial installation cost of the LIMS product? What expenses does this cost include?
• What are some extra functionalities provided by LIMS?
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