Global laboratory Information system Market Threats, Analysis, Key Players, Growth, and Forecast 2026

North America accounts for larger share owing to increasing research and development activities and supportive infrastructure.

Laboratory information system is a software system that records, manages, and stores data for clinical laboratories. Physicians and lab technicians use laboratory information system to coordinate varieties of inpatients and outpatients medical testing, this system tracks and stores clinical details about a patient during lab visit in the database for future reference. This system decreases specimen handling time, increases productivity and improves turnaround time.

Prevalence of rising chronic disease and increasing the efficiency of work flow by using laboratory information system are the key factors driving growth of the global laboratory information system. In addition, other major factors driving growth of laboratory information system market includes integration of laboratory information system (LIS), electronic health record (EHR), and rising per capita income for both developed and emerging economies which leads to rise in quality of patients care. Furthermore, demand for quality laboratory diagnosis, growing awareness through conferences and forums, government initiatives to support the healthcare IT and investment from healthcare information technology players are the additional factors contributing towards the growth of laboratory information system market.

However, lack of skilled IT professionals in the health care industry, high maintenance and service expenses, are factors hampering growth of the global laboratory information system market. Use of mobile phones and raised focus on new products launches by manufacturers, this are major trends witnessed in the laboratory information system.

The global laboratory information system market report has been segmented on the basis of product type, delivery mode, components, end users, and region.

North America is estimated to account for the largest share in the global laboratory information system market owing to the increasing research and development activities and development of supporting infrastructure in research laboratories, followed by Europe, Asia Pacific, and Rest of the World.

Global laboratory information system market segmentation by product:

 	
Standalone LIS
 	
Integrated LIS

Global laboratory information system market segmentation by delivery mode:

 	
On-premise LIS
 	
Cloud based LIS
 	
Web based LIS

Global laboratory information system market segmentation by component:

 	
Software
 	
Services

Global laboratory information system market segmentation by end users:

 	
Hospital laboratories
 	
Independent laboratories
 	
Physician office laboratory
 	
Others

Global laboratory information system market segmentation by region:

 	
North America
 	
Europe
 	
Asia Pacific
 	
Latin America
 	
Middle East & Africa

Key players profiled in the global laboratory information system market report include: 

 	
Cerner Corporation
 	
McKesson Corporation
 	
Epic Corporation Inc.
 	
Medical Information Technology, Inc.
 	
SCC Soft computer
 	
Sunquest Information Systems, Inc.
 	
CompuGroup Medical AG
 	
Computer Programs and Systems, Inc.
 	
Merge Healthcare, Inc.
 	
Orchard Software Corporation

Report Structure:

In the first section of the report we offer a table of content, followed by a list of figures. The next section offers a definition and brief explanation of the various products and segmentation of the target market, along with a list of acronyms and sources used to gather and analyze data and information.

The third section of the report entails a brief list of drivers, restraints, opportunities, and threats (DROTs) in the target market. The report also offers insights on various trends in regions, countries, and markets as per segmentation, as well as insights and crucial information obtained from various sources including primary and secondary, annual reports, the Internet and others.

The final section comprises detailed profiles of key players in the target market and a SWOT analysis of each company, apart from strategies, acquisitions and mergers.

Objective of Report:

Sections of the report are created and designed specifically to offer readers a clear, clean, and insights into historical, estimated, and revenue (US$ Mn/Bn) estimation and projection, Compounded Annual Growth Rate (CAGR %), and volume in measure as applicable to the target product/market. We offer illustrations, charts, tables, and figures to support our findings and analysis, in addition to key finding for markets in regions and countries.

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