SAN FRANCISCO, November 15, 2016 /PRNewswire/ --
The global laboratory informatics market was valued atUSD 2.15 billion in 2015 and is expected to reach a value of USD 3.83 billion by 2025. Increasing requirement for life sciences companies to comply with regulatory demands has further promoted
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Rising adoption of LIMS solutions by biobanks coupled with the increasing demand for integrated healthcare solutions is the key contributing factor for the growth of the laboratory informatics market over the forecast period. In addition, growing awareness levels amongst the end-use segments and technological evolution of LIMS solutions are anticipated to fuel the growth in the coming years.
Browse full research report with TOC on "Laboratory Informatics Market Analysis By Product (LIMS, ELN, Scientific Data Management Systems, Chromatography Data Systems, ECM), By Delivery Mode (On-premise, Web-hosted, Cloud-based), By Component, End Use, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/laboratory-informatics-market
Further key findings from the report suggest: LIMS dominated the overall laboratory informatics market on the basis of technology in 2015 owing to the associated benefits such as data tracking and management with fewer errors. Moreover, demand for fully integrated LIMS platforms is growing in accordance with the requirements of life sciences and research industries to reduce the incidence of errors in data management and qualitative analysis of research information. The above-mentioned factors are expected to drive the segment growth.
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Grand View Research has segmented the laboratory informatics market by product, delivery mode, component, end-use and region:
Access research insight: http://www.grandviewresearch.com/research-insights/laboratory-informatics-market-electronic-medical-information-management
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