The Business Research Company published its Laboratory Information System Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Laboratory Information System market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the laboratory information system market’s segments- by product: standalone LIS, integrated LIS and by end user: hospital laboratories, independent laboratories, physician office laboratories, others.
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Laboratory Information System Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global laboratory information system market is expected to decline from $1.62 billion in 2019 to $1.58 billion in 2020 at a compound annual growth rate (CAGR) of -2.42%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $2.33 billion in 2023 at a CAGR of 13.8%.
Cloud-based laboratory information systems are expected to become the leading trend in the market. Cloud computing is associated with the sharing of computer resources and services including storage and servers over the internet for a reduced cost, increased speed, productivity, and security of the system in the network. The cloud system in laboratory information systems offers various advantages such as cost-efficiency, better results, and progress without space constrain.
Few Points From Table Of Content:
- Executive Summary
- Laboratory Information System Market Characteristics
- Laboratory Information System Market Size And Growth
- Laboratory Information System Market Segmentation
- Laboratory Information System Market Regional And Country Analysis
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- Africa Laboratory Information System Market
- Laboratory Information System Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Laboratory Information System Market
- Laboratory Information System Market Trends And Strategies
- Laboratory Information System Market Future Outlook and Potential Analysis
- Appendix
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Few Points from List Of Tables
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Laboratory Information System Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 4: Global Laboratory Information System Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 5: Global Laboratory Information System Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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Table 45: Cerner Corporation Financial Performance
Table 46: McKesson Corporation Financial Performance
Table 47: Epic Corporation Inc Financial Performance
Table 48: Medical Information Technology Inc Financial Performance
Table 49: SCC Soft computer Financial Performance
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