[January 05, 2015]

Research and Markets: Laboratory Information System/LIS Market - Global Forecasts to 2019

Research and Markets (http://www.researchandmarkets.com/research/x7p4zj/laboratory) has announced the addition of the "Laboratory Information System/LIS Market by Type, Delivery Mode, End User Labs & by Component - Global Forecast to 2019" report to their offering.

The global LIS market is expected to reach $1.8 billion by 2019 from $1.1 billion in 2014, growing at a CAGR of 9% from 2014 to 2019

Major factors contributing to growth of the LIS market include rising awareness of LIS solutions made by various symposiums and conferences and the rising need to integrate healthcare systems. Furthermore, government support in the form of funding is another major factor providing impetus for growth of this market.

For instance, in 2009, ARRA allocated $19 billion to hospitals and clinics to support adoption of electronic information sstems such as electronic health records (EHRs), laboratory information systems (LIS), and clinical decision support systems (CDSS) to create a patient-centric care approach. In this regard, a physician can get incentives of $44,000 from Medicare (over 5 years) and $63,750 through Medicaid (over 6 years) by demonstrating significant use of such healthcare IT systems. Relatively untapped markets of the Asian region with an advent of growing medical tourism have increased demand for diagnostic tests and have opened an array of opportunities for the LIS market. However, high costs of LIS solutions, high cost of maintenance and services, and dearth of trained HCIT professionals are some of the concerning factors that are expected to hinder the growth of this market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Global Laboratory Information System Market, By Product

8 Global Laboratory Information System Market, By Delivery Mode

9 Global Laboratory Information System Market, By Component

10 Global LIS Market, By End User

11 Global LIS Market, By Geography

12 Competitive Landscape

13 Company Profiles

- Cerner (News - Alert) Corporation

- Compugroup Medical AG

- Computer Programs and Systems, Inc.

- EPIC Systems Corporation

- Mckesson Corporation

- Medical Information Technology, Inc. (Meditech)

- Merge Healthcare (News - Alert), Inc.

- Orchard Software Corporation

- SCC Soft Computer

- Sunquest Information Systems (Subsidiary of Roper Industries)

For more information visit http://www.researchandmarkets.com/research/x7p4zj/laboratory

[ Back To TMCnet.com's Homepage ]