Laboratory Information System Market to Surpass US$ 2.5 Billion By 2022

New York, January 04, 2019: The scope of the report includes a detailed study of global and regional markets for various types of laboratory information system market with the reasons given for variations in the growth of the industry in certain regions.

The laboratory information system market is segmented on the lines of its component, delivery mode and end user. The laboratory information system market is segmented on the lines of its product like standalone laboratory information system and integrated laboratory information system. Under end user segmentation it covered clinical diagnostic, laboratories, anatomic laboratories, pathological laboratories, blood banks and molecular diagnostic laboratories. The laboratory information system market is segmented on the lines of its delivery mode on-premise, remotely-hosted and cloud-based delivery mode. The component used for laboratory information system is segmented into software and services component.

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The major driving factors of laboratory information system market are as follows:

o Development in molecular diagnostics.

o Increasing requirement in integrated healthcare

o Increasing motivation in central government.

o Rising old age population.

The Restraints factors of laboratory information system market are as follows:

o Price of laboratory information systems is high.

o High cost of protection and repair the Laboratory information system.

o Requirement of skilled healthcare information technology experts.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Sunquest Information Systems, Cerner Corporation, SSC Soft Computer, CompuGroup Medical AG, McKesson Corporation, Epic Systems Corporation, Medical Information Technology, Orchard Software Corporation, Computer Programs and Systems and Merge Healthcare. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The laboratory information systems market is anticipated to surpass USD 2.5 billion during the forecast period. The market will grow at a healthy CAGR of 8.5% in the following period.

The Laboratory information system Market has been segmented as below:

The Laboratory information system Market is Segmented on the lines of Product Segment Analysis, End-user Analysis, Component Analysis, Delivery mode Analysis and Regional Analysis. By Product Segment Analysis this market is segmented on the basis of Standalone LIS and Integrated LIS. By End-user Analysis this market is segmented on the basis of Clinical Diagnostic Laboratories sector, Anatomic and Pathological Laboratories sector, Blood Banks sector and Molecular Diagnostic Laboratories sector.

By Component Analysis this market is segmented on the basis of Software and Services. By Delivery mode Analysis this market is segmented on the basis of On-premise, Remotely-hosted and Cloud-based. By Regional Analysis this market is segmented on the basis of

North America, Europe, Asia-Pacific and Rest of the World.

This report provides:

1) An overview of the global market for laboratory information system

and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2020.

3) Identifications of new market opportunities and targeted promotional plans for laboratory information system

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

 

North America is a leading market owing to implementation of laboratory information system.

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Table of Contents

1 INTRODUCTION

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rising Prevalence and Incidence of Chronic Diseases
5.3.1.2 Strong Government Support and Initiatives to Promote Healthcare It Implementation
5.3.1.3 Increasing Adoption of Laboratory Information System to Enhance Lab Efficiency
5.3.1.4 Integration of Laboratory Information System and Ehr Systems
5.3.1.5 Growing Need to Curb the Rising Number of Diagnostic Errors
5.3.1.6 Reimbursement Scenario for Laboratories in the U.S.
5.3.1.7 Introduction of New and Advanced Products
5.3.2 Restraints
5.3.2.1 High Cost of Laboratory Information System
5.3.2.2 Lack of Skilled It Professionals in the Healthcare Industry
5.3.3 Opportunities
5.3.3.1 Personalized Medicine to Open an Array of Opportunities
5.3.3.2 Emerging Markets
5.3.4 Challenges
5.3.4.1 Interoperability and Technical Issues
5.3.4.2 Requirement of Specialized Laboratory Units for Microbiology, Chemistry, and Hematology Present Challenges for LIS Vendors
5.3.4.3 Large Image Size Creates Data Storage Challenges
5.4 Interoperability Standards and Regulatory Implications
5.4.1 Process Standards
5.4.2 Technical Standards
5.4.3 Structure and Syntax
5.4.4 Transport
5.4.5 Privacy & Security
5.4.6 Semantic Standards

6 Laboratory Information System Market, By Product

7 Laboratory Information System Market, By Delivery Mode

8 Laboratory Information System Market, By Component

9 Laboratory Information System Market, By End User

10 Global Laboratory Information System Market, By Region

11 Competitive Landscape

12 Company Profiles

12.1 Introduction

12.2 Cerner Corporation

12.3 Mckesson Corporation

12.4 Sunquest Information Systems, Inc. (Acquired By Roper Technologies, Inc.)

12.5 EPIC Systems Corporation

12.6 Meditech (Medical Information Technology, Inc.)

12.7 Compugroup Medical AG

12.8 Computer Programs and Systems, Inc. (CPSI)

12.9 Merge Healthcare, Inc. (Subsidiary of International Business Machines (IBM) Corp.)

12.10 SCC Soft Computer

12.11 Orchard Software Corporation

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