Laboratory Information Management System Market – Rising Integration of Automation in Laboratories Propels Demand in the Market

Rising trend of integrating automation technologies in various processes in the laboratories is fueling the demand for enhanced solutions in the global laboratory information management systems market. This trend can be attributed to the rising need for accurate and fast results that play a crucial role in diagnosis of various diseases, staging and prognosis, and enabling enhanced public health solutions. Another factor boosting the global laboratory information management systems market is need for reduction in the workload along with reduction in the lead time required to gain the lab results. Solutions in the global laboratory information management systems market have been designed and have been constantly evolving to meet the fluctuating needs pertaining to laboratory infrastructure required for research and clinical purposes. Adoption of new equipment and reagents by contract research organizations and rising need for efficient analysis of downstream data are anticipated to create new opportunities in the global laboratory information management systems market in coming years.

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Players in Laboratory Information Management Systems market Focused on Providing Configurable Features and Flexible Interfaces

Some of the key vendors operating within the global laboratory information management systems market include LabLynx, Inc., Perkin Elmer Inc., LabVantage solutions Inc., Analytical Automation Specialists Inc., Illumina, Inc., and Thermo Fisher Scientific. Players and stakeholders in the global laboratory information management systems market are focused on developing new products and solutions by integrating newer technologies in offerings. Major share of the participants are focusing on providing configurable features and flexible interfaces to attract the larger consumer base in the global laboratory information management systems market.

North America region held a sizeable share in the global laboratory information management systems market in the past few years. This trend can be attributed to strides in the software solutions aimed at efficient configuration of data management and rapid integration of electronic health records (EHR) by healthcare providers in the region. Another region expected to witness promising opportunities in the global laboratory information management systems market is Asia Pacific. Proliferation of demand in eHealth and telehealth services in certain emerging economies in the region along with increasing trend of outsourcing lab information management system services to China and India are fueling the demand in Asia Pacific information management systems market.

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Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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