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Laboratory Information Management System (LIMS) Market Size to Reach Revenues of over USD 2 Billion by 2026 - AriztonCHICAGO, April 7, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global laboratory information management system (LIMS) market report. The laboratory information management system (LIMS) market is expected to grow at a CAGR of around 12% during the period 2020-2026. Key Highlights Offered in the Report:
Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/laboratory-information-management-system-lims-market Laboratory Information Management System (LIMS) Market – Segmentation
Laboratory Information Management System (LIMS) Market by Component
Laboratory Information Management System (LIMS) Market by Deployment
Laboratory Information Management System (LIMS) Market by End-users
Laboratory Information Management System (LIMS) Market – Dynamics Several key vendors in the market integrate electronic lab notebook (ELN) with LIMS. This integration allows researchers to efficiently document their work. In the past, researchers used notebooks to record their readings. Complex research such as genome sequencing, oncology research, and chemical-based reactions require an efficient system than notebooks to keep track of the data. Thus, the introduction of ELN software has helped researchers to record, share, analyze, and control experiments easily. ELN is user-friendly and its adoption is slowly increasing. The latest LIMS integrated ELN has increased the penetration of the product in research labs. The integration of LIMS with ELN is considered to be revolutionary. Various segments such as healthcare, oil, and environmental science research require additional administrative support for their day-to-day workflow in labs. They face several challenges in managing data related to SOPs and samples that are very crucial for research. Research related to personalized medicine require more sophisticated privacy data management. Key Drivers and Trends fueling Market Growth:
Laboratory Information Management System (LIMS) Market – Geography The North American region dominates the LIMS market due to its developed healthcare infrastructure, increased awareness among patients, increased government projects based on the genome sequencing, large number of research labs performing study on various rare diseases, and increased personal usage of sequencing-based diagnostics for fitness. There are more than 530 regenerative medicine companies and stem cell-based medicine manufacturers in the region. These companies are primarily involved in the research and development of products. The laboratories required for these procedures involve advanced infrastructure with LIMS to handle and track a large number of samples. Regulatory approvals for products are a challenging factor for these companies. They use LIMS for easy data analysis, helping them to get faster regulatory approvals. Get your sample today! https://www.arizton.com/market-reports/laboratory-information-management-system-lims-market Laboratory Information Management System (LIMS) Market by Geography
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg |