Laboratory Informatics Market is expected to Growth at 5.17% through 2030F
The growing automation in
laboratories is expected to drive the growth of Global Laboratory Informatics
market during the forecast period, 2026-2030.
According to TechSci Research report, “Laboratory Informatics Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”, Global Laboratory Informatics Market was valued at USD 3.38 billion in 2024 and is expected to reach USD 4.54 billion by 2030 with a CAGR of 5.17%. This can be ascribed to
the growing demand for reducing human error and increased efficiency of
managing clinical data across the globe to enhance market growth. Moreover, the
growing demand for time-saving management systems and increasing revenue are
also expected to boost the growth of the market during the forecast period.
Moreover, the growing demand for platforms based on standalone software for managing
vast data and retrieving the data when clients require it, is expected to
further enhance the demand for the Laboratory Informatics market during the
forecast period.
Besides, the growing automation in laboratories along
with technological advancements in laboratory information systems is a major
factor that is expected to drive the growth of the market during the forecast
period. Similarly, the growing demand for biobanks or biorepositories along
with growing research and development in academic research institutes is
expected to create significant growth during the forecast period. Moreover,
increasing number of Contract Research Organizations (CROs) is expected to further
boost the market growth during the forecast period. However, high maintenance
and service costs may slow down the growth of the global laboratory informatics
market during the forecast period. Moreover, the slow speed of implementation
of laboratory informatics along with the lack of trained professionals can
further restrict the growth of the global Laboratory Informatics market.
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Laboratory Informatics market can be segmented by type
of solution, component, development model, industry and region.
Based on industry, the Life
Science industry was the dominant end-user segment in the global laboratory
informatics market. This is primarily due to the industry's heavy reliance on
accurate, efficient, and compliant data management systems to support drug
discovery, clinical trials, and biotechnology research. Pharmaceutical and
biotechnology companies generate vast volumes of complex data that require
robust informatics platforms like LIMS, ELNs, and SDMS to ensure data
integrity, traceability, and compliance with stringent regulatory standards such
as FDA, and EMA, guidelines. The rapid growth in genomics, personalized
medicine, and biopharmaceuticals has further driven demand for advanced
laboratory informatics to streamline R&D processes, enhance collaboration,
and accelerate time-to-market. The industry's significant investment in
research and development, along with increasing adoption of automation, AI, and
cloud technologies, further supports its leading position. As a result, life
sciences remain the largest and most lucrative sector for laboratory
informatics providers globally.
Based on region, Asia Pacific is the
fastest-growing region in the global laboratory informatics market due to rapid
industrialization, increasing investments in life sciences, and expanding
pharmaceutical and biotechnology sectors. Rising demand for advanced healthcare
infrastructure, growing R&D activities, and a surge in clinical trials are
driving adoption of laboratory informatics solutions. The supportive government
initiatives, favorable regulatory reforms, and a growing focus on digital
transformation further accelerate market growth. Countries like China, India,
and South Korea are key contributors, with increasing emphasis on laboratory automation,
data accuracy, and compliance, making Asia Pacific a high-potential region for
informatics solution providers.
Major companies operating in the
global Laboratory Informatics market are:
- Thermo Fisher Scientific
Inc.
- LabWare, Inc.
- Core Informatics, LLC
- Abbott Laboratories,
Inc.
- LabVantage Solutions,
Inc.
- LabLynx, Inc.
- PerkinElmer, Inc.
- Waters Corporation
- Agilent Technologies,
Inc.
- IDBS (Danaher
Corporation)
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“North America was expected to dominate in the Global Laboratory Informatics
market owing to the growth policies for the development of laboratory
information management systems along with the availability of infrastructure
with high digital literacy across the region. Similarly, burgeoning healthcare
cost, escalating pressure to bend the cost curve along with growing adoption of
laboratory information management systems, is expected to create significant
growth during the forecast period. The growing number of well-established
pharma companies and growing demand for containing operational costs incurred
in information management and analysis in emerging countries is expected to
further drive market growth during the forecast period” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based global management
consulting firm.
“Laboratory Informatics Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type of
Solution (Laboratory information management system, electronic lab notebooks,
Chromatography data systems, electronic data capture and clinical data
management systems, Laboratory execution systems, Enterprise content management
system, Scientific data management systems), By Component (Services v/s
Software), By Development Model (On premise model, Cloud based model, Remotely
hosted model), By Industry (Life science industry, Chemical industry, Food
& Beverage and agriculture industry, Petrochemical refineries and oil
&gas industry, Environmental testing laboratories, Others),
By Region & Competition 2020-2030F”, has
evaluated the future growth potential of global Laboratory Informatics market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Laboratory Informatics market.
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