London, 12 March 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global LIMS Market 2015-2019, which is expected to witness moderate growth at a CAGR of 6.04 during the forecast period of 2014-2019.
The Global LIMS market is mainly driven by an upsurge in the number of samples for analysis, leading to the development of fast and robust systems that can be remotely controlled. LIMS enables the analysis of samples in a rapid and robust manner. Moreover, it allows better control and monitoring of clinical and drug discovery analysis on a real-time basis.
“The high-end applications available on cellphones will help laboratory technicians to obtain the most accurate data from remote locations,” says Faisal Ghaus, Vice President of TechNavio.
“An important advantage of using mobile devices is that users can submit data to LIMS and examine them without physically being present in a laboratory.”
Key Market Drivers
- Compliance with Government Regulations
- Need for High Productivity and Cost Management
- Increased Automation in Organizations
- Emergence of Advanced Analytical Tools
- Increased Demand for Biobanking
Key Market Trends
- Increased Usage of Cloud-based LIMS
- Increased Usage of Cellphones
- High Adoption of Microfluidic Chips
- Development of New Diagnostic Techniques
Key Market Vendors
- LabVantage Solutions Inc.
- LabWare
- STARLIMS Corp. (Abbott Laboratories)
- Thermo Fisher Scientific Inc.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
