DUBLIN--(BUSINESS WIRE)--Sep 12, 2018--The "Electronic Lab Notebook Market (ELN Market) By Type, License, Mode Of Delivery, & End User - Global Forecast To 2023" report has been added to ResearchAndMarkets.com's offering.

The global Electronic Lab Notebook (ELN) market is expected to reach USD 557.9 million by 2023 from USD 401.3 million in 2018, at a CAGR of 6.8% during the forecast period (2018-2023).

With growing focus on innovation and research and development in pharmaceutical and biotechnology industries, there is rising need to electronically maintain records. Electronic lab notebooks (ELNs) are rapidly replacing laboratory paper notebooks as it enable researchers and scientists in better data management, regulatory compliance, avoid data loses, eliminate work forgery, and ease searching and data mining.

Automation and informatics is becoming increasingly essential for the life sciences and other industrial laboratories due to the growing demand for productivity in speed, accuracy, throughput and efficiency. These factors along with growing adoption of cloud-based ELN and enterprise-wide ELN provide immense growth opportunities for players operating in the electronic lab notebook market. However, data integration and security concerns may challenge the market growth to some extent.

Cross-disciplinary or multi-disciplinary ELNs are widely preferred as they meet broad range of scientific needs with their ability to provide a suitable environment that is easy to use across multiple disciplines. In addition, reduced costs of IT overheads, ability to view data across an organization, data standardization, secure storage of an organization's knowledge and IP in one central location, improved workflow management across disciplines, and better collaboration across research areas further propels the growth of enterprise-wide ELN market.

In addition, the report further gives an extensive outlook on various end user industries served by the ELN market. These end users include pharmaceutical companies, biotechnology companies, CROs & CMOs, academic research institutes, food & beverage industries and other. Apart from end users, the report provides insights on adoption of proprietary and open source licenses of electronic lab notebooks. Moreover, the study offers a comprehensive analysis of electronic lab notebook market with respect to deployment models.

Web and cloud-based solutions dominate the global ELN market and are also expected to witness fastest CAGR during the forecast period due to real-time-analysis, cost-effectiveness, integration with other systems & software, easy anywhere access to data, sharing of data internally and externally, flexibility & scalability, and rapidly gaining popularity over paper notebooks in various laboratory practices.

Scope of the Report:

Market by Type

Specific ELN Cross-disciplinary ELN

Market by License Type

Proprietary Open Source

Market by Mode of Delivery

Web &cloud-based On-premises

Market by End User

Pharmaceutical Companies Biotechnology Companies CROs & CMOs Academic Research Institutes Food & Beverage Industries Others

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market insights

5. Electronic Lab Notebook Market, by Product Type

6. Electronic Lab Notebook Market, by License Type

7. Electronic Lab Notebook Market, by Mode of Delivery

8. Electronic Lab Notebook Market, by End User

9. Electronic Lab Notebook Market, by Geography

10. Competitive Landscape

11. Company Profiles

Abbott Informatics Corporation Agilent Technologies, Inc. Arxspan, LLC Benchling, Inc. Dassault Systemes SE Bio-ITech BV (eLabJournal) ID Business Solutions (IDBS) Ltd (Danaher Corporation) Kinematic Inc. Lab-Ally LLC LabArchives, LLC. Labfolder GmbH Labii Inc. LabLynx, Inc. LABTrack, LLC LabVantage Solutions, Inc. LabWare, Inc. Mestrelab Research PerkinElmer, Inc. RURO, Inc. SciNote LLC Seqome Limited Thermo Fisher Scientific Inc. Waters Corporation For more information about this report visit https://www.researchandmarkets.com/research/743xgt/electronic_lab?w=4

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SOURCE: Research and Markets

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PUB: 09/12/2018 01:13 PM/DISC: 09/12/2018 01:13 PM