LIS Market to Hit $4.0B Amid Cost-Cutting Needs
The global laboratory information systems market size is projected to reach USD 4.0 billion by 2028, from USD 2.4 billion in 2023, at a CAGR of 10.8% from 2023 to 2028. The growth of this market is influenced primarily due to the increasing adoption of LIS in biobanks and biorepositories, as well as the development of integrated LIS and the need to curtail escalating healthcare costs. However, high...
Laboratory Information System Market: A Comprehensive Analysis and Future Projections – 2028
According to research report the Laboratory Information System Market is projected to reach USD 4.0 billion by 2028 from USD 2.4 billion in 2023, at a CAGR of 10.8% during the forecast period. Growth in this market is predominantly driven by the need for laboratory automation and the development of integrated laboratory information systems. However, a lack of integration standards is expected...
Laboratory Information System (LIS) Market Growth and Leading Players
The global Laboratory Information System market is poised for robust growth in the coming years, driven by the rising adoption of automation and digital solutions in healthcare. According to MarketsandMarkets, the LIS market is projected to reach $4.0 billion by 2028, up from $2.4 billion in 2023, reflecting a healthy CAGR of 10.8%.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=232312738
Several...
Exploring the Laboratory Information System Market: Trends and Growth Opportunities
The Laboratory Information System market has been on a steady rise, driven by the increasing demand for efficient data management in the healthcare and life sciences industries. With the global healthcare landscape evolving rapidly, laboratories are seeking advanced solutions to streamline their operations, ensure compliance, and improve patient care. In this SEO-friendly blog, we will delve into...
Laboratory Information System Market : Key growth strategies adopted by market players
The laboratory information systems market is projected to reach USD 2.4 billion by 2024 from USD 1.8 billion in 2019, at a CAGR of 6.3%. Factors such as the rising prevalence of chronic diseases, the need for laboratory automation & increasing lab efficiency, and the development of integrated LIS are driving the growth of the LIS market.
By delivery mode, cloud-based LIS to register the...
Laboratory Information System Market : Drivers, Restraints, Opportunities, and Challenges
The global laboratory information system market is expected to reach USD 2,122.8 million by 2021 from USD 1,370.2 million in 2016, growing at a CAGR of 9.1% from 2016 to 2021. Rising chronic disease prevalence, utilization of laboratory information system (LIS) for enhancing laboratory workflow efficiency, and increasing government and industry player’s initiatives into the laboratory services...
Laboratory Information System Market Size Estimation and Forecast to 2021
The global laboratory information system market is expected to reach USD 2,122.8 million by 2021 from USD 1,370.2 million in 2016, growing at a CAGR of 9.1% from 2016 to 2021. Rising chronic disease prevalence, utilization of laboratory information system (LIS) for enhancing laboratory workflow efficiency, and increasing government and industry player’s initiatives into the laboratory services are...
Laboratory Information System Market by 2021 – Growth Drivers & Geographic Analysis
The global laboratory information system market is expected to reach USD 2,122.8 million by 2021 from USD 1,370.2 million in 2016, growing at a CAGR of 9.1% from 2016 to 2021. Rising chronic disease prevalence, utilization of laboratory information system (LIS) for enhancing laboratory workflow efficiency, and increasing government and industry player’s initiatives into the laboratory services are...
Laboratory Information System Market by Product, End User, Delivery Mode & Geography
A laboratory information system (LIS) can be defined as a software solution that handles the receiving, processing, and storage of information generated by laboratories. LIS helps to streamline laboratory processes to decrease specimen handling time, increase productivity, and improve turnaround time. The global laboratory information system market is expected to reach USD 2.12 Billion by 2021, growing...