Laboratory Information Management System Market in India 2015

  • Product Code:
    RP-ID-10083328
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    85
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-13

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

LIMS (Library Information Management System) adoption in India is significantly low in Indian laboratories with an even low penetration in laboratories pertaining to Indian healthcare industry. Its adoption in healthcare is expected to see a gradual rise by 2018 from the present 2013 adoption level. In healthcare sector, LIMS finds application in life sciences segment as well as in biotechnology and pharmacy segment that require LIMS for effective data management. LIMS is a major benefactor for contract service laboratories that requires handling of bulk information. Biotechnology industry in India withholds tremendous potential in the years to come and the escalating investment in the sector is a great encouragement for LIMS market. The simultaneous rapid development of Indian healthcare sector that is seeing rise in number of various types of laboratories will propel the future of LIMS adoption in Indian healthcare sector as well.
However cost and time required for installation of LIMS often dissuades its popularity among laboratory owners. Lack of legal regulations specifying quality standard of a laboratory is another major challenge for LIMS market in India. Though the LIMS market is still in a nascent stage, yet the software developers are trying to make the software user friendly and cost effective for which it has come up with the concept of LIMS on Cloud. Web based and thin client LIMS applications are popular in the LIMS market. However The applications require rich internet applications that are browser independent.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Public
1. Persistent Systems Ltd.

Private
1. Agilent Technologies India Pvt. Ltd.
2. Birlamedisoft Pvt. Ltd.
3. Caliber Technologies Pvt. Ltd.
4. Labvantage Solutions Pvt. Ltd.
5. Oasis Infotech Ltd.
6. Ocimum Biosolutions (India) Ltd.
7. Perkinelmer (India) Pvt. Ltd.
8. Thermo Fisher Scientific India Pvt. Ltd.
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