The Global Laboratory Information Systems Market is expected to grow at a CAGR of 7.3% between 2016 and 2027, driven by growth from both developed and emerging markets.
Laboratory information device (LIS) is a complete statistics system evolved and configured to system, store and control facts concerning industrial and scientific-related laboratories which include clinical and analytical laboratories. LIS plays an essential position in streamlining the manner and producing excessive great facts to help powerful medical selections.
The LIS presents information that facilitates hospitals within the analysis, prevention, control and remedy of diseases, and acts a trademark for public health. The LIS has now emerged as a necessity for both small and large diagnostic and drug groups’ laboratories. The capacity of both scientific and analytical laboratories to higher manage statistics and include collaborative technological gear into their day-to-day operations has come to be critical to stay aggressive.
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LIS, utilized in each big and small scale organizations, provide a platform to routinely obtain, store and archive statistics, song samples, and generate reviews effectively. The LIS products vary extensively in phrases of price, sophistication, and business awareness. as business and clinical laboratories are diverse with distinct necessities, as a result, there may be no well-known facts system designed for laboratories. Therefore, a LIS is custom designed, developed, and configured in line with the necessities of a laboratory.
There are numerous specific applications of LIS along with drug shipping and clinical diagnostics. LIS in clinical diagnostics includes anatomic pathology structures; microbiology, genetic and molecular diagnostics aid structures; blood financial institution structures; and billing or bills receivable or revenue cycle management (RCM) structures.
Major components of LIS are hardware, software and services. Hardware mainly includes servers as well as data input, output and storage devices. Software includes the interface of integrated LIS which helps managing and analyzing data in an efficient manner. Whereas, the key delivery modes used for LIS, include web based, on premise, mobile solutions and cloud based technology.
The key players that are involved in Global Laboratory Information Systems market are Cerner Corporation, Recent Developments, Eclipsys Corporation, LabVantage Solutions Inc, LabWare Inc, McKesson Corporation, Medical Information Technology Inc., Merge Healthcare Inc, STARLIMS Corporation, Sunquest Corporation and Thermo Fisher Scientific Inc
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Nov, 2014 Thermo Fisher launched a new ultracentrifuge which combines speed with safety and ergonomics, allowing researchers to easily protect samples while achieving reliable and consistent results.
Sept, 2014 Cerner announced a strategic agreement with Intermountain Healthcare to provide clinical governance of solutions and workflow to be proposed for the Department of Defense’s Healthcare Management System Modernization (DHMSM) initiative.
March, 2014 LabVantage launched a new product known as LabVantage 7 Express for quality controlled smaller labs.
Segmentation by Applications
Segmentation for Laboratory Information Systems market involves the following Applications such Clinical LIS Market, Drug Discovery LIS Market, Industrial LIS Market.
Segmentation by Components
Segmentation for Laboratory Information Systems market involves the following Components such as Software in LIS Market, Hardware in LIS Market, Services in LIS Market.
Segmentation by Delivery
Segmentation for Laboratory Information Systems market involves the following Delivery such as Web-based LIS Market, On-premise based LIS Market, Cloud-based LIS Market.
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