The global laboratory information system market attained a value of about USD 1.96 billion in 2023, driven by the rising demand of accurate and efficient diagnostic testing across the globe. The market is anticipated to attain a value of USD 3.59 billion by 2032, likely to grow at a CAGR of 6.98% during the forecast period of 2024-2032.
Base Year
Historical Year
Forecast Year
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The growth of global laboratory information system industry is driven by factors such as the increasing incidence of chronic illnesses, the need for laboratory automation and enhanced solutions, and the creation of embedded laboratory information system.
A laboratory information system (LIS), also known as laboratory information management system, is a software with characteristics that help to manage the laboratory activities by recording and storing data for clinical laboratories. It sends laboratory test orders to lab instruments, track those orders, and then stores the results to a searchable database. The global laboratory information system industry can be segmented into components, products, delivery modes, and end-uses.
Market Breakup by Component
Market Breakup by Product
Market Breakup by Delivery Mode
Market Breakup by End User
Market Breakup by Region
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With the rapid technological advancements and rising disposable incomes, particularly in emerging nations, the global laboratory information system (LIS) industry is witnessing a steady growth. The growing trend for personalised medicine and convenient services are anticipated to provide significant growth possibilities to the major players in the industry. With the popularity of cloud-based LIS, the industry is receiving a further boost.
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The hospital laboratories segment accounts for a significant share in the industry. Using LIS in hospitals considerably decreases patient waiting time and offers enhanced diagnostic quality, thus, aiding the growth of the hospital laboratories segment.
High maintenance and service expenses, the need for dedicated laboratory units, interfacing problems, and lack of qualified experts will, however, challenge the market development in the coming years.
The report presents a detailed analysis of the following key players in the global laboratory information system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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Laboratory Information System Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global laboratory information system market attained a value of nearly USD 1.95 billion.
The market is projected to grow at a CAGR of 7% between 2024 and 2032.
The major drivers of the industry, such as the increased shift towards automated laboratories, rise in the number of clinical trials and research activities, growing demand for improved healthcare services for patients, and rapid technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the laboratory information system industry include the increased demand for personalised medicines and the growing shift towards cloud-based LIS.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Services and software are the leading laboratory information system components in the industry.
The major products of laboratory information system in the market are standalone LIS and integrated LIS.
On-premise and cloud-based are the significant delivery modes of the product in the industry.
Hospital laboratories, independent laboratories, and physician office laboratories, among others, are the leading end use sectors of the product.
The major players in the industry are Orchard Software Corporation, Sunquest Information Systems, Inc., Cerner Corporation, Computer Programs and Systems, Inc., CompuGroup Medical AG, Medical Information Technology, Inc., SCC Soft Computer, Epic Systems Corporation, and Comp Pro Med Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Product |
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| Breakup by Delivery Mode |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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