The Europe laboratory information system (LIS) market in is expected to grow from US$ 244.03 million in 2022 to US$ 431.39 million by 2028. It is estimated to grow at a CAGR of 10.0% from 2022 to 2028.

Europe Laboratory Information System (LIS) Market Players

The laboratory information system (LIS) market players are continuously developing innovative solutions to maintain a competitive presence. For instance, in March 2021, Autoscribe Informatics unveiled an enhanced version of its Regulated Manufacturing LIMS. This tailored solution, derived from the Matrix Gemini LIS solution, is ideal for all manufacturing organizations, including highly regulated industries such as medical devices and pharmaceuticals. This web-enabled version aims to improve the user experience through both visual appeal and enhanced flexibility in user setup, dashboards, reports, and other vital components for SoftBank users. The software features a single, integrated platform with a unified user interface, along with configurable workflows, the ability to automate routine tasks, and powerful data exchange tools. In a complementary effort, in July 2021, LabVantage Solutions, Inc. launched a new edition of its flagship LabVantage LIMS. The LabVantage LIS 8.7 portal includes robust systems for managing laboratory data security, while also providing seamless self-service access to external clients.

Download our Sample PDF Report

@ https://www.businessmarketinsights.com/sample/BMIRE00027734

Laboratory Information System (LIS) Market Overview

The Europe laboratory information system (LIS) market is segmented regionally, covering Germany, the UK, France, Italy, Spain, and the Rest of Europe. Europe holds a significant position in the global laboratory information management systems market and is expected to witness robust growth throughout the forecast period. This market expansion is primarily driven by increasing R&D expenditure, the rapid growth of pharmaceutical companies, and the widespread adoption of information technology solutions for clinical decision support. These factors are collectively boosting market growth. The market for laboratory information systems is also projected to grow due to ongoing developments within the healthcare sector. Germany stands as the largest market for medical technology in the European region. According to Germany Trade & Invest in 2019, the German Medical Technology Industry recorded €33.4 billion in sales (domestic and exports) and notably invested 9% of its annual turnover in R&D expenses.

Europe Laboratory Information System (LIS) Market Segmentation

The Europe laboratory information system (LIS) market is thoroughly segmented by product, delivery mode, component, end user, and country.

By product, the market is bifurcated into standalone LIS and integrated LIS. The standalone LIS segment held the larger market share in 2022.

Based on delivery mode, the market is segmented into cloud-based delivery mode, web-based delivery mode, and on-premises delivery mode. The cloud-based delivery mode segment held the largest market share in 2022.

In terms of component, the market is segmented into software and services. The software segment held the larger market share in 2022.

Regarding end user, the market is segmented into hospital labs, independent labs, and physician office labs. The hospital labs segment commanded the largest market share in 2022.

Finally, by country, the market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Germany dominated the market share in 2022.

Leading companies operating in the laboratory information system (LIS) market in the region include AAC Infotray AG, CompuGroup Medical, Illumina, Inc., LabLynx, Inc., LabVantage Solutions, Inc., McKESSON CORPORATION, and Thermo Fisher Scientific Inc.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications