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Global Laboratory Informatics Market 2018-2023: CAGR of 6.2% is Projected - ResearchAndMarkets.com

September 26, 2018

DUBLIN--(BUSINESS WIRE)--Sep 26, 2018--The “Global Laboratory Informatics Market - Segmented by Product, Component, Delivery Mode (On Premise, Web Based, Cloud Based), and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The Global Laboratory Informatics market is expected to register a CAGR of 6.2% during the forecast period, 2018 to 2023.

The United States is expected to dominate the market due to the rising need to manage clinical data and increased R&D expenditure across the country.

High Accuracy and Efficiency of Results

Owing to the increased workload, cost constraints, and advancements in the technology, the nature of pathology is rapidly changing as per the need of the market. To meet the rising needs of today’s world, laboratory systems are being created with the best technologies. New approaches of managing laboratory information are now required to fulfil the changing demand of the healthcare system.

Rising efforts of the clinicians and pathologists to provide the best and error free results is contributing to the rising demand of the Laboratory informatics products and services that is influencing the market in positive manner.

Lack of Skilled Professionals

As per the survey of Healthcare Information and Management Systems Society (HIMSS), scarcity of the skilled healthcare IT labors and professionals is the major point of concern in the healthcare industry. This lack of the skilled labors is ultimately affecting the market of Laboratory Information System (LIS).

To implement services like LIS in India, scarcity of tech friendly labors becomes the major factor that restricts the end users from using LIS. This affects the overall market of LIS. The high cost of LIS softwares is another factor that is hindering the growth of the market.

Key Developments in the Market

Agilent Technologies Inc. had announced that it has completed its acquisition of the Agilent-related business from Young In Scientific Co. Ltd. and its affiliates (“YI Scientific”).

Companies Profiled

Abbott Informatics Corporation Agilent Technologies Cerner Corporation Core Informatics LLC LabLynx Inc. LabVantage Solutions Inc. LabWare Inc. McKesson Corporation PerkinElmer Inc. Thermo Fisher Scientific Inc.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Market Dynamics

7. Market Segmentation

8. Company Profiles & Competitive Landscape

9. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/fk2z7f/global_laboratory?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005383/en/

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Related Topics:Hospital Information Systems

KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA AFRICA

INDUSTRY KEYWORD: HEALTH OTHER HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/26/2018 06:18 AM/DISC: 09/26/2018 06:18 AM

http://www.businesswire.com/news/home/20180926005383/en

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