Laboratory Information Management Systems (LIMS) Market By Product (Industry-specific LIMS, Broad-based LIMS) By Deployment Model (Remotely Hosted, On-Premise, Cloud-based) By Component (Services, Software) By Application (Pharma & Biotech Industry, Food and Beverages Industry) By Modules (Haematology, Microbiology, Histopathology, Biotechnology, Chemistry) and Geography    

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Laboratory Information Management Systems (LIMS) Market was valued at USD 2.32 billion in 2023 and is poised to grow at a CAGR of 7.9% from 2024 to 2030. A laboratory information management system is also known as a laboratory management system, a software system enables support laboratory operations that can track workflow and specimens, aggregate data for research or business intelligence purposes, and ensure laboratory operations are compliant with various regulations and standards. LIMS enables labs to produce accurate, reliable, reproducible, and faster data. Laboratory information management systems which are developed by the producers may not be useful for all end users. Hence, LIMS producers offer customized solutions for the customers that are specifically tailored according to the requirements and budget of the user to help better return on investment (ROI).

LIMS producers are developing multimodality systems able to integrate the entire process of hospitals, clinical laboratories, or clinics and help the end user to reduce operational costs. The increasing proliferation of smartphones, mobile solutions, e-services, and point-of-care trends is expected to propel the usage of LIMS and thereby, increase the growth of the LIMS market. The high maintenance and service costs of the Laboratory Information Management Systems (LIMS) Market are significant market limitations. According to industry analysts, the cost of maintaining IT solutions is higher than the cost of the product itself. Service and maintenance (which includes software updates to meet changing user requirements) is a recurring expense that accounts for nearly 20-30% of the total cost of ownership. Furthermore, training and implementation costs account for about 15% of the total cost. Many small and medium-sized laboratories find it difficult to invest in these systems as a result of these constraints, restricting their adoption. However, as cloud-based LIMS solutions become more prevalent, the impact of this limitation is projected to diminish in the future years.

Global Laboratory Information Management Systems Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.9%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Laboratory Information Management Systems Market Dynamics

LIMS provides the wide range of applications to biopharmaceutical companies to address the key challenges in drug development process. Increase in inclination towards the LIMS, rising adoption of advanced technologies, increase in maintenance of precise and accurate data regarding bioanalysis, invitro pharmacokinetic studies, discovery, R&D and QA/QC are the few factors which propelled the growth of Laboratory information management systems market. However, lack of skilled professionals to manage the technology and high-cost association are the few restraints expected to hamper the growth of the laboratory information management systems market.

Global Laboratory Information Management Systems Market Segmentation

By Product
  • Industry-specific LIMS
  • Broad-based LIMS
By Deployment Mode
  • Remotely
  • On-premise
  • Cloud-based
By Component
  • Services
  • Software
By Application
  • Pharma & Biotech Industry
  • Food and Beverages Industry
  • Others

Frequently Asked Questions

The LIMS (Laboratory Information Management Systems) market size was valued at USD 2.32 billion in 2023

The increasing proliferation of smartphones, mobile solutions, e-services, and point-of-care trends is expected to propel the usage of LIMS

The key companies in the LIMS market are Thermo Fisher Scientific, Inc. (U.S.) LabVantage Solutions, Inc. (U.S.) LabWare, Inc. (U.S.) Autoscribe Informatics (U.K.) Illumina, Inc. (Canada) Abbott Informatics (U.S.) LabLynx, Inc. (U.S.) Computing Solutions, Inc. (U.S.)

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Laboratory Information Management Introduction 
2.1.Global Laboratory Information Management  - Taxonomy
2.2.Global Laboratory Information Management  - Definitions
2.2.1.Product 
2.2.2.Deployment Mode
2.2.3.Component
2.2.4.Application
2.2.5.Region
3.Global Laboratory Information Management Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Laboratory Information Management Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Laboratory Information Management  By Product , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Industry-specific LIMS
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Broad-based LIMS
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Laboratory Information Management  By Deployment Mode, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Remotely
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. On-premise
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Cloud-based
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Laboratory Information Management  By Component, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Services
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Software
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.Global Laboratory Information Management  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Pharma & Biotech Industry
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Food and Beverages Industry
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Others
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
9.Global Laboratory Information Management  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Laboratory Information Management ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Industry-specific LIMS
10.1.2.Broad-based LIMS
10.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Remotely
10.2.2.On-premise
10.2.3.Cloud-based
10.3.  Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Services
10.3.2.Software
10.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Pharma & Biotech Industry
10.4.2.Food and Beverages Industry
10.4.3.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Laboratory Information Management ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Industry-specific LIMS
11.1.2.Broad-based LIMS
11.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Remotely
11.2.2.On-premise
11.2.3.Cloud-based
11.3.  Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Services
11.3.2.Software
11.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Pharma & Biotech Industry
11.4.2.Food and Beverages Industry
11.4.3.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12.Asia Pacific (APAC) Laboratory Information Management ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Industry-specific LIMS
12.1.2.Broad-based LIMS
12.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Remotely
12.2.2.On-premise
12.2.3.Cloud-based
12.3.  Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Services
12.3.2.Software
12.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Pharma & Biotech Industry
12.4.2.Food and Beverages Industry
12.4.3.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Laboratory Information Management ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Industry-specific LIMS
13.1.2.Broad-based LIMS
13.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Remotely
13.2.2.On-premise
13.2.3.Cloud-based
13.3.  Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Services
13.3.2.Software
13.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Pharma & Biotech Industry
13.4.2.Food and Beverages Industry
13.4.3.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Laboratory Information Management 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Product  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Industry-specific LIMS
14.1.2.Broad-based LIMS
14.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Remotely
14.2.2.On-premise
14.2.3.Cloud-based
14.3.  Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Services
14.3.2.Software
14.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Pharma & Biotech Industry
14.4.2.Food and Beverages Industry
14.4.3.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Thermo Fisher Scientific, Inc. (U.S.)
15.2.2.LabVantage Solutions, Inc. (U.S.)
15.2.3.LabWare, Inc. (U.S.)
15.2.4.Autoscribe Informatics (U.K.)
15.2.5.Illumina, Inc. (Canada)
15.2.6.Abbott Informatics (U.S.)
15.2.7.LabLynx, Inc. (U.S.)
15.2.8.Computing Solutions, Inc. (U.S.)
16. Research Methodology 
17. Appendix and Abbreviations 
  • Thermo Fisher Scientific, Inc. (U.S.)
  • LabVantage Solutions, Inc. (U.S.)
  • LabWare, Inc. (U.S.)
  • Autoscribe Informatics (U.K.)
  • Illumina, Inc. (Canada)
  • Abbott Informatics (U.S.)
  • LabLynx, Inc. (U.S.)
  • Computing Solutions, Inc. (U.S.)

Adjacent Markets