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The Laboratory Information Systems (LIS) Market in 2023 is US$ 2.19 billion, and is expected to reach US$ 4.85 billion by 2031 at a CAGR of 10.42%.

Europe Laboratory Information System (LIS) Market Top Regions, Growth and Forecast by 2028

The “Europe Laboratory Information System (LIS) Market Share, Size, and Trends | 2028” is market research by Business Market Insights. The Europe Laboratory Information System (LIS) market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business.  Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Europe Laboratory Information System (LIS) market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.

Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Europe Laboratory Information System (LIS) market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Europe Laboratory Information System (LIS) Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.

Report Attributes

Details

Segmental Coverage

Product

Standalone LIS and Integrated LIS

Delivery Mode

Cloud-Based Delivery Mode

Web-Based Delivery Mode

and On-Premises Delivery Mode

Component

Software and Services

End User

Hospital Labs

Independent Labs

and Physician Office Labs

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

AAC Infotray AG

CompuGroup Medical

Illumina, Inc.

LabLynx, Inc.

LabVantage Solutions, Inc.

McKESSON CORPORATION

Thermo Fisher Scientific I

Other key companies 

Competitive Landscape

Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Europe Laboratory Information System (LIS) market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.

Key Coverings:

Current and Future Market Estimates- Europe Laboratory Information System (LIS) Market Share, CAGR, and Forecast | 2028

Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities

Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.

Competition Matrix – Key Market Players and Strategies

Recent Developments and Innovation Contributing Market Growth

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Key Questions Addressed in the Europe Laboratory Information System (LIS) Market Research Include:

What are present Europe Laboratory Information System (LIS) market values, and what can be expected in the upcoming decade?

What are the key segments in the Europe Laboratory Information System (LIS) market?

What is the regional distribution of the Europe Laboratory Information System (LIS) market report?

What are the key players and their recent strategies?

What are the key factors driving Europe Laboratory Information System (LIS) market growth?

What are regulatory concerns and requirements businesses have to compel?

Author’s Bio: Bhavesh Shinde Senior Market Research Expert at Business Market Insights

Measuring Gel Documentation System Market Growth and Sizing Potential for Business Expansion

The global gel documentation system market size is expected to reach USD 389.7 Million in 2028 and register a steady revenue CAGR between 2021 and 2028, according to latest analysis by Emergen Research. Some major factors driving market revenue growth are increasing emphasis on genomic and proteomic research, major prevalence of infectious diseases and genetic disorders, and rapid technological advancements in gel imaging systems. Gel documentation system or gel imaging system is a type of laboratory device required for visualization, analysis and documentation of proteins, nucleic acid, and antibodies in different types of gel media, which include acrylamide, agarose, Polyvinylidene Fluoride (PVDF), and nitrocellulose gels.

The report studies the impact of the COVID-19 pandemic on the Gel Documentation System market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

Download Free Sample Report of Global Gel Documentation System Market @ https://www.emergenresearch.com/request-sample/806

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

GE Healthcare, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, LI-COR Biosciences, Endress+Hauser Management AG, Vilber Lourmat, Scientific Digital Imaging plc., Bio-Techne, Cleaver Scientific, and Azure Biosystems

Research Report on the Gel Documentation System Market Addresses the Following Key Questions:

Who are the dominant players of the Gel Documentation System market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Gel Documentation System market?

What are the key growth drivers and restraining factors of the Gel Documentation System market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Gel Documentation System market and its key segments?

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/gel-documentation-system-market

Emergen Research has segmented the global Gel Documentation System market on the basis of type, type of care, and region

Segments Covered in this report are:

Product Type Outlook (Revenue, USD Million; 2018–2028)

Instruments

Software

Accessories

Light Source Outlook (Revenue: USD Million; 2018–2028)

Light-Emitting Diodes

UV

Laser

Detection Technique Outlook (Revenue: USD Million; 2018–2028)

UV Detectors

Fluorescence

Chemiluminescence

In conclusion, the Gel Documentation System Market report is an exhaustive database that will help readers formulate lucrative strategies. The Gel Documentation System Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

Laboratory Information Management Systems Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis

laboratory information management system (LIMS), is also known as a laboratory information system (LIS) or laboratory management system (LMS). It is a software-based solution with features supporting a modern laboratory's operations. The features include workflow and data tracking support, flexible architecture, and data exchange interfaces, which fully support its use in regulated environments. The features and uses of a laboratory information management system have evolved over the years from sample tracking to an enterprise resource planning tool which manages multiple aspects of laboratory informatics.

Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/4802-global-laboratory-information-management-systems-market?utm_source=Organic&utm_medium=Vinay

Latest released the research study on Global Laboratory Information Management Systems Market, offers a detailed overview of the factors influencing the global business scope. Laboratory Information Management Systems Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Laboratory Information Management Systems The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are LabWare (United States), LabVantage Solutions (United States), Thermo Fisher Scientific (United States), Abbott Informatics (United States), LabLynx (United States), Autoscribe Informatics (United States), Agilent Technologies (United States), Computing Solutions (United States), GenoLogics (Canada), LABWORKS (United States),

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

Healthcare IT Outsourcing Market Share, Trends, Top Companies, Forecast 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “Healthcare IT Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032” offers a comprehensive analysis of the industry, which comprises insights on the healthcare IT outsourcing market share. The global market size reached US$ 50.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 100.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.9% during 2024-2032. 

Request For Sample Copy of Report For More Detailed Market insight: https://www.imarcgroup.com/healthcare-it-outsourcing-market/requestsample

Factors Affecting the Growth of the Healthcare IT Outsourcing Industry:

Cost Reduction and Efficiency Improvement:

The rising need for cost reduction and efficiency enhancement in healthcare operations represents one of the crucial factors impelling the market growth. Outsourcing information technology (IT) services enable healthcare providers to save substantially on operational costs, including expenses related to staffing, training, and maintaining an in-house IT team. Moreover, IT outsourcing firms often bring in advanced technologies and expertise that can streamline healthcare processes, leading to improved patient care and administrative efficiency. This dual benefit of cost savings and enhanced efficiency is particularly appealing in sectors where cost control is a constant challenge and where the efficient handling of data directly influences patient outcomes.

Core Healthcare Competencies:

Healthcare providers are recognizing the significance of focusing on their core competencies, including patient care and treatment, rather than dividing their attention with complex IT operations. Outsourcing IT tasks to external experts allows healthcare institutions to concentrate on their primary objectives without the distractions and complexities of managing IT infrastructure and services. This specialized focus is essential for enhancing the quality of patient care, as it ensures that medical professionals can devote their full attention and resources to clinical tasks. Healthcare providers can maintain a clear focus on delivering excellent patient care by entrusting IT operations to external experts.

Technological Advancements:

Technological advancements, such as electronic health records (EHR), telemedicine, artificial intelligence (AI), and data analytics, are positively influencing the market. The need to stay updated with these advancements is encouraging the adoption of outsourcing IT services to specialized vendors. These outsourcing services are adept at these technologies, which allows healthcare organizations to stay at the forefront of innovation without the need to invest heavily in new technologies and training. These vendors bring in expertise in the latest healthcare IT solutions, ensuring that healthcare providers benefit from cutting-edge technology, which is crucial in the industry to stay updated with technology for delivering high-quality care.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Accenture plc

Allscripts Healthcare Solutions Inc

Dell Technologies Inc.

Infosys Limited

International Business Machines

Koninklijke Philips N.V.

Optum Inc. (UnitedHealth Group Incorporated)

Siemens Healthineers AG

Tata Consultancy Services

Wipro Limited

Xerox Corporation

Healthcare IT Outsourcing Market Report Segmentation:

By Type:

Payers HCIT Outsourcing

Hospital Information System (HIS)

Laboratory Information System (LIS)

Radiology Information System (RIS)

Electronic Medical Records (EMR)

Others

Providers HCIT Outsourcing

Revenue Cycle Management (RCM) System

Healthcare Analytics

Payers HCIT outsourcing represents the largest segment attributed to the rising demand for IT outsourcing services among healthcare payers due to the need for cost-effective solutions and streamlined operations.

By End User:

Healthcare Provider System

Biopharmaceutical Industry

Clinical Research Organization

Others

Healthcare provider system accounts for the majority of the market share on account of the growing reliance of healthcare providers on IT outsourcing to enhance their patient care, administrative processes, and overall efficiency.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

North America dominates the market, which can be accredited to significant investments in healthcare IT, advanced infrastructure, and a robust healthcare ecosystem.

Global Healthcare IT Outsourcing Market Trends:

The increasing digitalization is making healthcare organizations more vulnerable to cyber threats, risking patient data and operational continuity. Outsourcing cybersecurity management to specialized IT service providers offers healthcare organizations access to advanced security measures, regular updates, and expert monitoring. These providers are adept at navigating the complex landscape of cyber threats and ensuring compliance with data protection regulations, thereby safeguarding sensitive patient information and reinforcing the overall trust in healthcare systems.

Besides this, the growing adoption of cloud computing in the healthcare sector is offering a favorable market outlook. Cloud-based solutions offer scalability, flexibility, and cost-effectiveness, enabling healthcare providers to manage large volumes of data efficiently and securely. Outsourcing IT services to cloud-based providers allows healthcare organizations to benefit from advanced data analytics, improved data sharing and collaboration, and reduced IT infrastructure costs.

Other Key Points Covered in the Report:

COVID-19 Impact

Porters Five Forces Analysis

Value Chain Analysis

Strategic Recommendations

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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4 Game-Changing Applications of AI in Digital Pathology

Artificial Intelligence (AI) has emerged as a transformative force in digital pathology, revolutionizing the way pathology is practiced and accelerating diagnostic capabilities. As AI continues to evolve, it offers unparalleled opportunities to enhance accuracy, efficiency, and insights in pathology practices worldwide. In this article, we'll explore four game-changing applications of AI in digital pathology, reshaping the landscape of diagnostic medicine and paving the way for better patient outcomes. 

1. Precision Diagnosis: 

AI-powered image analysis algorithms are revolutionizing precision diagnosis in digital pathology. These algorithms can analyze vast amounts of digital pathology images with exceptional accuracy, assisting pathologists in detecting subtle anomalies and making precise diagnoses. By identifying patterns, quantifying biomarkers, and highlighting areas of interest, AI algorithms enable pathologists to deliver timely and accurate diagnoses, ultimately improving patient care. 

2. Predictive Prognostics: 

AI in digital pathology plays a crucial role in predictive prognostics, aiding clinicians in predicting patient outcomes and guiding treatment decisions. By analyzing histopathological features and molecular biomarkers, AI algorithms can identify prognostic markers associated with disease progression, treatment response, and survival rates. This enables clinicians to personalize treatment strategies, optimize patient care, and improve overall outcomes. 

3. Workflow Optimization: 

AI-driven workflow optimization solutions are streamlining the digital pathology workflow, enhancing efficiency, and reducing turnaround times. These solutions automate tedious tasks such as slide scanning, annotation, and image analysis, allowing pathologists to focus their expertise on complex cases and clinical decision-making. Furthermore, AI algorithms prioritize urgent cases, allocate resources effectively, and seamlessly integrate with laboratory information systems (LIS) and electronic medical records (EMR), leading to improved workflow management and operational excellence. 

4. Drug Discovery and Development:  

AI is revolutionizing drug discovery and development in digital pathology by accelerating the identification of novel therapeutic targets, predicting drug response, and optimizing clinical trial design. AI algorithms analyze tissue images to identify disease-specific biomarkers, characterize disease subtypes, and stratify patient populations for targeted therapies. This enables pharmaceutical companies to expedite the drug development process, reduce costs, and increase the success rate of clinical trials, ultimately bringing innovative therapies to market faster and improving patient outcomes. 

In conclusion, Artificial Intelligence is driving a paradigm shift in digital pathology, unlocking new possibilities for precision diagnosis, predictive prognostics, workflow optimization, and drug discovery. As AI continues to evolve and mature, its transformative impact on digital pathology will only continue to grow, offering unprecedented opportunities for pathology practices to deliver higher-quality care, improve patient outcomes, and drive medical innovation. As leaders in digital pathology solutions, companies like OptraSCAN are at the forefront of AI-driven advancements, empowering pathology practices with cutting-edge technology and expertise to meet the evolving needs of healthcare.  

OptraSCAN is a leading provider of AI-driven digital pathology solutions, offering comprehensive platforms and services to pathology practices worldwide. With a focus on precision diagnosis, predictive prognostics, workflow optimization, and drug discovery, OptraSCAN's digital pathology solutions harness the power of AI to improve efficiency, accuracy, and insights in pathology practices. Learn more about OptraSCAN's AI pathology solutions at OptraSCAN website.  

4 Game-Changing Applications of AI in Digital Pathology 

Artificial Intelligence (AI) has emerged as a transformative force in digital pathology, revolutionizing the way pathology is practiced and accelerating diagnostic capabilities. As AI continues to evolve, it offers unparalleled opportunities to enhance accuracy, efficiency, and insights in pathology practices worldwide. In this article, we'll explore four game-changing applications of AI in digital pathology, reshaping the landscape of diagnostic medicine and paving the way for better patient outcomes. 

1. Precision Diagnosis: 

AI-powered image analysis algorithms are revolutionizing precision diagnosis in digital pathology. These algorithms can analyze vast amounts of digital pathology images with exceptional accuracy, assisting pathologists in detecting subtle anomalies and making precise diagnoses. By identifying patterns, quantifying biomarkers, and highlighting areas of interest, AI algorithms enable pathologists to deliver timely and accurate diagnoses, ultimately improving patient care. 

2. Predictive Prognostics: 

AI in digital pathology plays a crucial role in predictive prognostics, aiding clinicians in predicting patient outcomes and guiding treatment decisions. By analyzing histopathological features and molecular biomarkers, AI algorithms can identify prognostic markers associated with disease progression, treatment response, and survival rates. This enables clinicians to personalize treatment strategies, optimize patient care, and improve overall outcomes. 

3. Workflow Optimization: 

AI-driven workflow optimization solutions are streamlining the digital pathology workflow, enhancing efficiency, and reducing turnaround times. These solutions automate tedious tasks such as slide scanning, annotation, and image analysis, allowing pathologists to focus their expertise on complex cases and clinical decision-making. Furthermore, AI algorithms prioritize urgent cases, allocate resources effectively, and seamlessly integrate with laboratory information systems (LIS) and electronic medical records (EMR), leading to improved workflow management and operational excellence. 

4. Drug Discovery and Development:  

AI is revolutionizing drug discovery and development in digital pathology by accelerating the identification of novel therapeutic targets, predicting drug response, and optimizing clinical trial design. AI algorithms analyze tissue images to identify disease-specific biomarkers, characterize disease subtypes, and stratify patient populations for targeted therapies. This enables pharmaceutical companies to expedite the drug development process, reduce costs, and increase the success rate of clinical trials, ultimately bringing innovative therapies to market faster and improving patient outcomes. 

In conclusion, Artificial Intelligence is driving a paradigm shift in digital pathology, unlocking new possibilities for precision diagnosis, predictive prognostics, workflow optimization, and drug discovery. As AI continues to evolve and mature, its transformative impact on digital pathology will only continue to grow, offering unprecedented opportunities for pathology practices to deliver higher-quality care, improve patient outcomes, and drive medical innovation. As leaders in digital pathology solutions, companies like OptraSCAN are at the forefront of AI-driven advancements, empowering pathology practices with cutting-edge technology and expertise to meet the evolving needs of healthcare.  

OptraSCAN is a leading provider of AI-driven digital pathology solutions, offering comprehensive platforms and services to pathology practices worldwide. With a focus on precision diagnosis, predictive prognostics, workflow optimization, and drug discovery, OptraSCAN's digital pathology solutions harness the power of AI to improve efficiency, accuracy, and insights in pathology practices. Learn more about OptraSCAN's AI pathology solutions at OptraSCAN website.  

Laboratory Information Systems Market is Estimated To Witness High Growth Owing To Increased Adoption by Small and Medium-Sized Laboratories

A laboratory information system (LIS) is a software that records, manages, and stores data for clinical laboratories. It is used to track samples, capture test results, link instruments and other laboratory equipment, schedule workflows, and more. It enables improved turnaround time for test results, reduced errors, streamlined work processes, and better management of operations. The integrated system acts as the backend database of a clinical laboratory. Market key trends: The laboratory information systems market is witnessing increased adoption by small and medium-sized laboratories. Earlier, larger laboratories could only afford these systems due to high costs. However, lowering prices of LIS solutions and availability of cloud-based The Laboratory Information Systems Market is estimated to be valued at US$ 2.4 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. subscription models have made it feasible for smaller players as well. Rising awareness about the benefits of digitization is driving increased demand from all types of laboratories. Cloud-based LIS solutions especially are gaining popularity as they eliminate upfront capital costs and provide on-demand access to results and data. The ability to scale up storage and computing power on the cloud platform suits the dynamic needs of small laboratories. This trend is expected to significantly boost demand over the forecast period. Porter's Analysis Threat of new entrants: Low, as Laboratory Information Systems market is dominated by few established players. New entrants require huge capital investments to compete. Bargaining power of buyers: Moderate, as buyers have option to choose from a few vendors but are dependent on technology. Bargaining power of suppliers: Low, as there are many technology providers and system integrators in this market. Threat of new substitutes: Moderate, as new substitute technologies can replace Laboratory Information Systems but require high switching costs. Competitive rivalry: High, as top players compete on service quality, prices and new features. SWOT Analysis Strengths: Established vendors with large customer base and innovative product offerings. Weaknesses: High infrastructure and maintenance costs. Changing technology landscape increases upgrade and support costs. Opportunities: Growth in emerging markets. Increasing scope due to digitization of healthcare sector. Threats: Cyber threats and data privacy concerns. Stiff competition from open source offerings. Key Takeaways The global Laboratory Information Systems market is expected to witness high growth at a CAGR of 10% over the forecast period, due to increasing demand for automation and integration of laboratory processes. Regional analysis: North America is expected to maintain its dominant share in the global market through 2030 due to rising investments to develop advanced healthcare infrastructure along with initiatives taken by major players. Asia Pacific is anticipated to witness the highest CAGR over the forecast period owing to increasing healthcare expenditure, rising geriatric population and improving healthcare facilities in emerging economies like China and India. Key players operating in the Laboratory Information Systems market are Orchard Software Corporation (US), Clinisys (US), Oracle Corporation (US), Computer Programs and Systems, Inc. (US), and CompuGroup Medical (Germany) among others. Top players are focusing on strategic collaborations and partnerships to expand their geographic presence.

Healthcare Middleware Market Is Estimated To Witness High Growth Owing To Increasing Demand for Data Integration and Connectivity

The global Healthcare Middleware Market is estimated to be valued at US$ 2.69 billion in 2023 and is expected to exhibit a CAGR of 10% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Healthcare middleware refers to software that acts as a bridge between different healthcare applications, allowing for seamless integration and communication between various systems. It facilitates the exchange of data and information between different healthcare systems, such as electronic medical records (EMRs), laboratory information systems (LIS), and radiology information systems (RIS), among others. The use of healthcare middleware offers several advantages, including improved efficiency, reduced errors, and enhanced interoperability. Market Key Trends: One key trend in the healthcare middleware market is the increasing demand for data integration and connectivity. Healthcare organizations are facing challenges in consolidating data from multiple sources and ensuring interoperability between different systems. Middleware solutions provide the necessary infrastructure to integrate data from various healthcare systems, enabling efficient data management and seamless connectivity. This trend is driven by the growing adoption of electronic health records (EHRs) and the need for real-time access to patient information across different healthcare settings. Furthermore, the increasing focus on data analytics and population health management is further contributing to the demand for healthcare middleware solutions. Overall, the healthcare middleware market is expected to witness high growth due to the increasing demand for data integration and connectivity. As healthcare organizations strive to improve efficiency and interoperability in their systems, the adoption of healthcare middleware solutions is expected to increase. PEST Analysis: Political: The political factors affecting the healthcare middleware market include government regulations, policies, and initiatives related to healthcare technology. For example, government mandates for the adoption of electronic health records and interoperability standards can drive the demand for healthcare middleware solutions. Economic: The economic factors influencing the market include healthcare expenditure and budgetary constraints. Economic growth, healthcare infrastructure development, and reimbursement policies can impact the adoption and investment in healthcare middleware technologies. Social: Social factors such as the aging population, increasing prevalence of chronic diseases, and the rising need for personalized healthcare drive the demand for healthcare middleware solutions. Additionally, the growing awareness and acceptance of telehealth and remote patient monitoring contribute to market growth. Technological: Technological factors include advancements in cloud computing, IoT, big data analytics, and artificial intelligence, which have a significant impact on healthcare middleware. These technologies enable seamless integration and communication between various healthcare systems, improving data exchange and interoperability. Key Takeaways: The global Healthcare Middleware Market Share is expected to witness high growth, exhibiting a CAGR of 10% over the forecast period from 2023 to 2030. This growth can be attributed to the increasing adoption of healthcare IT solutions, the need for real-time access to patient data, and the demand for interoperability between disparate healthcare systems. The fastest-growing and dominating region in the healthcare middleware market is North America. This can be attributed to factors such as the presence of advanced healthcare infrastructure, government initiatives promoting interoperability, and high healthcare expenditure. The United States, in particular, is a key market for healthcare

Laboratory Information Systems Market Overview Analysis Drivers, Trends and Forecast to 2030

Market Scenario

The global laboratory information systems share is projected to grow USD 3.8694 billion by 2030 at CAGR of 9.50% during the forecast period 2023-2030, predicts Market Research Future (MRFR). There are several practice applications of an LIS that improve the day-to-day operations of a medical laboratory, along with prevention of medical errors. A busy medical laboratory having many patients on a regular basis encounter difficulty in keeping all the patients’ information organized. Thus, an LIS system comes in handy, as it helps keep all this information organized, which is vitally important for a medical lab to run smoothly. Apart from this, rising integration of LIS and Electronic Health Record (EHR) and demand for quality and precision diagnosis are majorly supplementing the market growth globally. Moreover, increasing penetration of mobile applications in healthcare solutions coupled with growing popularity of cloud-based laboratory information system testifies for the market progress that has taken place in the past few years.

On the flip side, lack of skilled information technology (IT) professionals in the healthcare industry tames the flow of the progressing Laboratory Information Systems Market Report. However, an array of opportunities stemming from emerging regions along with the consistently growing adoption of LIS are proof enough that the global market is en-route to brighter future prospects. Also noteworthy are few trends that bestow the global market with the required push, including proliferation of smartphones, point-of-care devices and e-services in the healthcare industry which significantly shape the market dynamics. Also, immense demand from patients for technological solutions for more convenient health testing, and monitoring is growing. This leads to global market players taking notice of the opportunities that crop up and indulge in strategic activities such as product launches. For instance, in the year 2014, Thermo Fisher launched a new ultracentrifuge which combines speed with safety and ergonomics that allows researchers to protect samples easily while also achieving reliable and consistent results.

Key Players

global laboratory information systems market players include   Cerner Corporation, Recent Developments, Eclipsys Corporation, Merge Healthcare Inc., STARLIMS Corporation, Sunquest Corporation and Thermo Fisher Scientific Inc., LabVantage Solutions Inc., LabWare Inc., McKesson Corporation, Medical Information Technology Inc., and others.

The Cerner EHR project is thriving as the U.S. Department of Defense increases its budget by about USD 1.2 billion. The additional funds will support the added services to maintain a standard EHR between the Department of Veterans Affairs and the U.S. Coast Guard. The EHR when integrated with laboratory information system, turns highly efficient, which leads to increased productivity and also reduced probability of errors. Cerner is an established company in the global LIS market that understands this fact and makes use of every opportunity to enhance its products to cater to various customer needs.

Market Segmentation

The global laboratory information systems market overview is segmented on the basis of application, components, and delivery.

By applications, the market is segmented based on clinical LIS, drug discovery LIS, and industrial LIS. The clinical application of LIS holds the largest market share as using LIS software involves more productivity and less paperwork, enhanced patient safety, and improved turn-around time.

By components, the market is segmented based on software, hardware, and services. Among these, the software segment accounts for the majority of the global LIS market due to increasing product enhancements and advent of innovative LIS software systems which ensures the smooth running of the healthcare department.

By delivery, the market is segmented on the basis of web-based, on-premise and cloud-based. Among these, cloud-based LIS software is highly popular as it offers various benefits such as cost savings, high security, flexibility, mobility and quality control.

Regional Analysis

By region, the global laboratory information systems market insights is segmented on the basis of North America, Europe, Asia Pacific and the Rest of the World (RoW).

The joint market share combining North America and Europe was more than 75% of the global total market size in 2014. However, North America has currently secured the top position claiming the largest market share. This stupendous growth can be attributed to increasing cases of fatal diseases and subsequent diagnostic and treatment needs. Moreover, high disposable income and strong economy also help augment the market growth in the region. Furthermore, increasing business opportunities for healthcare service providers along with growing demand for automated instruments rising in laboratories has majorly triggered the market growth in the region.

On the other hand, the Europe LIS market is estimated to grow tremendously during the forecast period, due to massive investment by healthcare IT players and a barrage of players trying to enter the regional market and establish themselves. Moreover, thriving healthcare industry and sophisticated medical infrastructure also play a major role in the growth of the regional market.

The Asia-marked Pacific is also presumed to grow at a significant pace throughout the forecast period. This growth is due to increased infectious diseases, significant increase in healthcare expenditure and advancements in healthcare IT sector. The market growth in the region is also aided by growing need for enhancing the efficiency of medical laboratories, growing demand for error-free diagnosis and increasing integration of information system with laboratories.

The rising aging population and increasing cases of fatal diseases in the regions of Middle East and Africa have propelled the market growth in the region. Also, the market in the region is highly fragmented, and the regional market players used various strategies such as product launches, expansions, and joint ventures to increase their footprint in the region. This gives a significant push to the market and will continue to do so in the coming years as well.

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The Laboratory Information Systems (LIS) Market in 2023 is US$ 2.19 billion, and is expected to reach US$ 4.85 billion by 2031 at a CAGR of 10.42%.

A DIGITAL REVOLUTION IN PATHOLOGY

Laboratory medicine is continuously evolving to provide the much needed support for disease monitoring, treatment decisions and patient safety. With a rise in the adoption of machine learning and artificial intelligence to improve turnover and optimise efficiency, pathology laboratories are transforming into predictive rather than reactive environments.

Diagnostics is the critical first step in the healthcare delivery chain, as 70 per cent of the treatment decisions are based on lab results. The market for diagnostics devices is growing steadily to meet the increasing demand from hospitals and laboratories. The onus is thus on the manufacturer to provide a holistic solution that integrates automation with analytics, training, updates, and troubleshooting. Further, the use of QR codes and RFID chips enables automated tracking of samples and laboratory materials such as reagents, chemicals and equipment.

The role of AI and ML

Today, digitalisation, automation, and laboratory information software (LIS) have found a place in clinical laboratories. However, many lab processes continue to be performed manually or are partially digitised. Efforts are also being taken to improve the pre-analytic, analytic, and postanalytic processes of the clinical laboratories with the AI-support.

The COVID-19 outbreak accelerated the adoption of digital technologies in laboratories. According to a recently published report, several examples of applications of Artificial Intelligence (AI) to COVID-19 are already reported such as AI-enabled outbreak tracking apps, chatbots for diagnostics, AI-powered analysis of scientific publications and triage using natural language processing (NLP) for screening potential patients and prognosis prediction tools, and using radiology CT scans to manage system capacities, among others.

Also available on record are multiple examples of the role played by AI in the management of non-communicable chronic diseases such as cancer and cardiovascular disorders. AI tools aid in augmenting the accuracy of clinical decision and improving patient care.

Studies reveal that AI-supported systems can predict patient waiting time in the phlebotomy unit and organise the entire blood collection process or the autoverification of test results using a Machine Learning (ML) approach. ML can also be used to predict out-ofcontrol events in internal quality control studies, detecting instrument failures before even they occur, or determining compatibility between analysers in central laboratories where several instruments running the same parameters are tested.

Automation of analysers

It is very interesting that the basic manual laboratory techniques and procedures have generally been adopted in principle to automated, or mechanised, fashion in automated analysers, while a wide variety of configurations can be observed in modern instrumentation in clinical laboratory. Step-by-step innovations created these ultimate configurations.

There are several approaches to automated instrumentation historically. For instance, multiple samples are tested in a series in batch analysers. In contrast, in sequential analysers, the samples are tested sequentially, and the results are reported at that order. Continuousflow analysis means a form of sequential analysis with a continuous stream. In random-access discrete analysers, the most common configuration, analyses are performed sequentially on a set of specimens, and each sample can be analysed for a different test selection. In this type of analysis, an interruption can occur in routine working for spanning a stat sample in-between, permitting measurement of a number of and a variety of analytes in each specimen. Discrete term in this type of analysers means that each test of a patient (or a sample) is analysed in a distinct chamber (in a well, cuvette, reaction vessel)

The use of automated analysers has many advantages including reduction of workload, less time consumption per sample analysis, more number of tests done in less time, use of minute amount of sample, decreased chances of human errors, and high accuracy and reproducibility.

Further, Total Laboratory Automation (TLA) systems use conveyor belts to connect pre-analytical specimen processing and other functions directly to an analyser. Such systems also include functions such as post-analytical storage or sorting of specimens or aliquots to be transported to low-volume testing areas—or to be sent to reference laboratories.

At Transasia-Erba Group, we are looking forward to launching exciting new products by 2023. Our R&D labs in France, UK, USA, Austria and India will launch over 10 state-of-the-art analysers in CLIA, molecular, high-end haematology, AI and LIS. Also in the offing is a TLA solution aimed at midand large size laboratories. All these will make Transasia-Erba among the top-five companies globally to have ‘Total solutions in Laboratory Diagnostics.

Digital data management

Modern-day cutting edge smart technologies are giving a much-needed renovation to laboratories and making them ‘smart’. A smart laboratory is nothing but an amalgam of different hardware tools and software that helps in data management, which is one of its integral parts. And when it comes to data management, one cannot ignore the concept of digital data management.

The concept of digital data management generally revolves around utilising tools to store, document, and share, analyse and manage the experimental data. Among all the other software available, Laboratory Information Management System (LIMS) is extremely helpful. LIMS is a software solution that helps in addressing data management, regulatory challenges, and automation. This software is extremely useful in handling laboratory samples and the data. As a result, it helps maintain tests, workflows and reporting techniques that assist in standardising operations.

The most significant part of the LIMS is to enhance the operational efficiency of a lab by streamlining and automating workflows. Also, it eliminates the purpose of manually maintaining information and complying with regulations. An efficient LIMS will easily be able to keep records and report them. As a result, it eliminates the possibility of any human errors.

Benefits of using LIMS

The key advantage of using LIMS is that it provides sample management. It means that with the help of LIMS, it is possible to manage accurate and detailed records of every sample and securely store them. As a result, the data is not lost while it moves from one laboratory to another.

Secondly, the inventory management functionality of LIMS makes it possible to manage reagents and stock supplies. In addition, it also helps in generating automatic recorder alerts in time of depletion of the stock.

Test Management and reporting are the other two benefits of using the Laboratory Information Management System. It is possible to achieve standardised testing structures with the help of LIMS that too with the bonus of providing accurate and complete testing process control.

The Internet of Things

With an increasing focus on offering value-added services, manufacturers are adopting rapidly evolving technologies, such as the Internet of Things (IoT), to meet the huge demand for fully automated products and services.

IoT applications are being used across all industries and healthcare is no exception. In fact, IoT has brought in a lot of ‘convenience’ to the healthcare ecosystem, becoming especially useful for medical device providers. While it offers a host of solutions, it is left to the companies to leverage the potential of IoT to the fullest.

Predictive maintenance

For laboratories, one of the biggest concerns is downtime. Planning for upgrading via cloud-based lab management systems and sophisticated software is a good way to future proof products and reduce the cost of maintaining the instrument. The days of preventive maintenance are long forgotten, now is the time for predictive maintenance. Devices with IoT capability can sense when components are exhibiting faults or when they near their expected end of life and communicate this back to technical support and initiate actions to resolve them – from ordering replacement parts to requesting a completely new device.

Read More: https://www.europeanhhm.com/information-technology/a-digital-revolution-in-pathology

In-the-cloud Lims A Tco Analysis

The dashboard lets you manage knowledge, create new tasks, and share lab protocols along with your peers by way of real-time updates. Because the Genemod dashboard is user-friendly and customizable, it eliminates the necessity in your group to rummage via outdated software purposes for individual samples. GetApp offers free software discovery and choice laboratory information management systems sources for professionals such as you. A Laboratory Information Management System (LIMS) that may streamline all of the processes in a clinical research lab can improve the lab’s credibility within the trade. A customized configured LIMS can scale back the incidence of human error and improve the quality of your lab’s data.

Emory's Office of Information Technology (OIT) Laboratory Solutions group helps the Emory Research Natuilus Laboratory Information Management System (LIMS) software. Never miss out on the newest news and updates from Cerebrum and the AP trade by signing up for our communication record. Download a detailed list of LABdivus capabilities for every workflow step under. Nevertheless, the COVID-19 pandemic pressured stakeholders from developed markets, corresponding to the U.S. and Europe, to reduce back their heavy dependence on Asian international locations and shift again to in-house operations.

Faced with rising knowledge volumes and pattern throughput along with frequent changes in expertise, labs should modernize their method to managing, tracking, and centralizing genomics information. ClinLab, a Rennova Health company, offers ClinLab LIS, a laboratory information system supporting physician's workplace labs, personal lab inventory management system reference labs, and student health centers. At the center of it, a LIMS supplies a system to track, standardize, manage, and centralize all the info, processes, and tasks that happen in a lab. Clients who combine their LIMS with MasterControl solutions are solely hosted in our cloud network.

You can filter results by consumer evaluations, pricing, options, platform, area, assist options, integrations, and more. Qualis LIMS has been designed to digitally rework Laboratories to carry out their duties in an automatic and paper-less method, and more importantly allow them to fulfil regulatory compliance requirements and cling to industry requirements. Utilize Clinical Lab Software to trace instrument calibration, monitor high quality control information lab inventory management software, and generate reports for efficient error detection. A LIMS might must satisfy good manufacturing follow (GMP) and meet the reporting and audit wants of the regulatory our bodies and research scientists in many alternative industries. A LIS, nevertheless, should satisfy the reporting and auditing wants of health service agencies e.g. the hospital accreditation company, HIPAA in the US, or different clinical medical practitioners.

The carried out LIMS has many distinctive features offering many user-friendly features. First, the implemented system classifies COVID-19 non-clinical trial subjects into six sub-themes (investigational product, kinds of investigational product, sponsor, experimental animals, research objective, and examine site). It also applies entry control and visualization by classifying the research amassed within the system.

Electronic Trial Master File (eTMF) is designed for the maintenance and storage of the essential paperwork for clinical trials as maintained by the sponsor. PennVault eTMF is designed to perform for any kind of trial, be it single website or multiple sites over a number of international locations. The eTMF may be used for the storage of documents as nicely as the writer, evaluate, transmission of paperwork for e-signature and approval. Automation of such actions as contract management, bill approvals, and billing can reduce administrative workloads and contribute to controlling costs.

New laboratory systems, using the most cutting-edge expertise, are being developed to fulfill the present demand. New strategies for organizing laboratory information are required to keep up with the demands of the healthcare system. An elegant way to overcome the pitfalls of dispersed knowledge clinical research lims software management would be a software package that does not need sophisticated interface solutions and thus grants straightforward information accessibility throughout departments, even including the management and provide chain.

Laboratory Information Systems (LIS) Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

An annual growth rate of 3.2% is predicted for the European Laboratory Information Systems market during the next few years.

Increasing demand for improved laboratory efficiency, the need for integrated healthcare information systems, and hospitals prioritizing for laboratory information systems fuels the growth in the European laboratory information systems market. In addition, supportive government initiative and investments from healthcare IT manufacturers supplements the growth. However, scarcity experienced professionals and high maintenance & service expenses are factors hindering the growth of the market. On the other hand, demand for powerful IT systems in diagnostic and medical laboratories present opportunities in the market.

The rising demand for molecular diagnostic tests, the growing need to integrate different healthcare systems, governmental support for adoption of healthcare IT tools, continuous advancements in LIS products, and the rising incidences of chronic diseases are among the key factors driving the market growth. On the other hand, the high cost of LIS solutions, high maintenance and service expenses, and lack of skilled healthcare IT professionals are likely to restrain market growth in the coming years.

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Germany dominates the European market for laboratory information system, having accounted for a 28.2% market share in 2014, followed by France. The U.K is expected to become a major market for laboratory information system (LIS) in the coming years.

The European laboratory information systems market is segmented on the basis of products, types, components, delivery mode, end users, and countries. The product segment is divided into standalone LIS and integrated LIS. The types included in the report are clinical LIS and anatomical LIS. The components covered in the report are services and software. On-premise, remotely-hosted, and cloud-based are delivery modes discussed in the report. The end users’ segment is further classified into clinical diagnostic laboratories, hospitals, anatomical pathology laboratories, blood banks, and molecular diagnostic laboratories. The countries such as Germany, Italy, Spain, U.K., and France would experience tremendous growth.

The European Commission’s new framework, Horizon 2020 has been the largest ever research and innovation programme in Europe for various fields including life sciences with a budget of $95 billion (€77 billion) from 2014-2020. In October 2017, The European Commission announced its plans to invest $37 billion (€30 billion) of this fund during 2018-2020 including $2.5 billion (€2 billion) to support Open Science, and $740 million (€600 million) for the European Open Science Cloud, European data infrastructure and high-performance computing. Horizon 2020 opened funding opportunities for future and emerging technologies and ICT Work Programme for life science researchers. Thus, increasing R&D activities and government funding will ultimately boost the demand for effective data management and hence drive the laboratory informatics market in Europe.

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Key Takeaways

R&D is crucial for drug discovery and development. This in turn, boosts the demand for efficient lab and data management.

Growing number of organizations involved in R&D are shifting from traditional old systems to digital laboratory solutions.

In European region, Germany accounted for the largest share of 26.0% of the total R&D spending in 2016 in Europe as stated by R&D Magazine, 2017.

According to UNESCO Institute for Statistics, Germany is among the top 10 countries, accounting for 80% of global spending on R&D.

Germany spends 2.9% of GDP on R&D and have pledged to substantially increase public & private R&D spending as well as number of researchers by 2030, as part of the Sustainable Development Goals (SDGs).

Competitive Landscape

Top companies in the laboratory information systems market are constantly releasing new products to increase their market share. They are bolstering their global reach through mergers, partnerships, and acquisitions.

Recent Developments

In September 2022, McKesson Corporation signed an agreement in principle to extend its partnership with CVS Health to distribute pharmaceuticals to mail order and specialty pharmacies, retail pharmacies and distribution centers through June 2027.

Key Companies Profiled: 

ECerner Corp, Evident, McKesson, Medical Information Technology, Epic Systems Corporation, SCC Soft Computer, Roper Technologies Inc., CompuGroup Medical, and LabWare

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Key Segments Covered in the Laboratory Information Systems Industry Analysis

By Components:

Software

Hardware

Services

By Delivery Mode:

On Premise

Cloud-Based

By End User:

Hospitals

Clinics

Independent Laboratories

Others

Global Laboratory Information Systems (LIS) Market Industry Overview and Competitive Landscape till 2032

Global laboratory information system (LIS) marketrevenues are set to grow at 10.2% CAGR through 2030, according to an updated edition by Future Market Insights (FMI). The 2022-2030 version of the report builds upon the widely cited previous version, and incorporates the latest developments, notably, the impact of COVID-19 pandemic on this market.

Massive technical improvements in the healthcare sector over time have included automation, big data analytics, and cloud computing. The necessity to balance administrative and caring activities is the most crucial factor in the sector. Thanks to the development of sophisticated laboratory testing technologies, this is now achievable.

The cornerstone of managing primary healthcare is laboratories. Drug development and the creation of APIs take place in laboratories. It is necessary to streamline repetitive tasks like data collection, assimilation, and record maintenance in order to increase the speed at which these processes are effective.

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The market for laboratory information systems is primarily being driven by the requirement for systematic data documentation to save paperwork. Since the COVID-19 epidemic began, there has been a significant uptake, enabling.

Key Findings

Europe & North America will remain lucrative, accounting for 4/5th of the revenue pie

Cloud-based laboratory information systems to register maximum increase during the forecast period

Vendors are increasingly capitalizing on developing LIS software for various healthcare verticals

Hospital-grade laboratory information systems are gaining significant momentum

COVID-19 Impact Analysis

Clinical laboratoriesare finding it unnerving to cope with the rapid influx of COVID-19 testing samples, impacting their ability to provide accurate testing. Incorporation of automated solutions is therefore anticipated to relieve these clinics of this uncertainty by promoting efficient testing of voluminous samples.

Prominent players in the laboratory information systems landscape are collaborating with public and private sector organizations to employ advanced technologies for implementing COVID-19 testing capabilities. For instance, LabWare Technologies has collaborated with the National Health Service to providelaboratory management softwareto healthcare settings across the United Kingdom.

Thus, the market shall witness a significant upsurge during the short-term forecast period, with an increasing number of healthcare providers accelerating the uptake of technologically advanced laboratory information systems.

“Manufacturers are increasing their presence across emerging markets and forging effective distribution networks with regional players. This is helping them expand their outreach and broaden their customer base,” opines the FMI analyst.

Competitive Intelligence

The global laboratory information systems market is highly fragmented, characterized by the presence of over 50 vendors. Prominent players include: Cerner Corp., Evident, McKesson, Medical Information Technology (MEDITECH), Epic Systems Corporation, SCC Soft Computer, Roper Technologies Inc., CompuGroup Medical and LabWare.

With regard to product launches, Cerner Corporation launched CommunityWorks Foundations, a tailor-made cloud-based technology platform for rural and critical access hospitals in July 2020. This technology shall prove instrumental in reducing overhead costs and reducing lengthy implementation procedures. The platform enables hospitals to maintain electronic health records, reducing immense amount of paperwork.

Recently, in August 2020, Medical Information Technology (MEDITECH) partnered with TECHNATION Health in Canada. This collaboration is aimed at enhancing the privacy and security framework of healthcare providers across the nation, ensuring better patient data security. The solution involves provision of cybersecurity and data sovereignty among other objectives.

More Insights on the Laboratory Information Systems Market A recent market study published by FMI on the laboratory information systems market includes the global industry analysis of 2015-2021 & opportunity assessment for 2022-2030, and delivers a comprehensive assessment of the most important market dynamics. The market is segmented on the basis of component (software, hardware, and services), delivery mode (on-premise and cloud based), and end user (hospitals, clinics, independent laboratories, and others), across seven prominent regions.

Key Market Segments Covered in Laboratory information systems Industry Research By Components: 

Software

Hardware

Services

By Delivery Mode:

On Premise

Cloud-Based

By End User:

Hospitals

Clinics

Independent Laboratories

Others