LIMS Market to 2025: Worldwide/Europe Industry Outlook, Future Insights, Size, Share, Trend Analysis and with Competitive Analysis of Players Thermo Fisher Scientific, Siemens AG, Abbott & More

Europe LIMS market is expected to reach USD 322.69 million by 2025
The Europe Laboratory Information Management Systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report covers the present scenario and the growth prospects of the Europe LIMS for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

Europe LIMS market is expected to reach USD 322.69 million by 2025 from USD 180.24 million in 2017, at a CAGR of 7.8% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Market is further segmented into:

  • Component
  • Product Type
    • Delivery
    • Industry Type

The Europe LIMS market is segmented on the basis of component into services and software. In 2018, service is expected to dominate the LIMS market with 67.4% market share and is expected to reach 223.09 million by 2025, growing at the highest CAGR of 8.2% in the forecast period 2018 to 2025.

The Europe LIMS market is segmented on the basis of product type into broad-based LIMS and industry-specific LIMS. In 2018, industry-specific is expected to dominate the LIMS market with 62.7% market share and is expected to reach 194.37 million by 2025, growing at a CAGR of 7.2% in the forecast period 2018 to 2025.

The Europe LIMS market is segmented on the basis of delivery into on-premise LIMS, cloud-based LIMS and remotely hosted LIMS. In 2018, on-premise LIMS is expected to dominate the LIMS market with 55.4% market share and is expected to reach 169.80 million by 2025, growing at a CAGR of 7.0% in the forecast period 2018 to 2025.

The Europe LIMS market is segmented on the basis of industry type into life sciences industry, food & beverage and agriculture industries, petrochemical refineries and the oil & gas industry, chemical industry and other industry. In 2018, life sciences industry is expected to dominate the LIMS market with 48.5% market share and is expected to reach 158.77 million by 2025, growing at a CAGR of 8.0% in the forecast period 2018 to 2025. The life sciences industry is further segmented into pharmaceutical and biotechnology companies, contract service organizations, academic research institutes and molecular diagnostics (MDX) & clinical research laboratories.

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Based on geography, the North America LIMS market is segmented into geographical regions, such as,

  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Spain
  • Belgium
  • Switzerland
  • Turkey
  • Russia
  • Rest of Europe

Major factors contributing to the growth of the market includes factors such as growing use of LIMS to comply with stringent regulatory requirements, rising need for adoption of LIMS in various industries, technological advancements in LIMS services are boosting the growth of the North America LIMS market.

The key market players for Europe LIMS market are listed below:

  • Thermo Fisher Scientific
  • Siemens AG
  • Abbott
  • McKesson Corporation
  • Roper Technologies, Inc.
  • IBM Corporation
  • Illumina, Inc.
  • Shimadzu Corporation
  • LabWare
  • LABWORKS

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Detail Analysis of Top Companies:

Thermo Fisher Scientific Inc.:

Thermo Fisher Scientific Inc. founded in 2006 and headquartered in Waltham, U.S. Thermo Fisher Scientific Inc. is the provider of analytical instruments, equipment, reagents and consumables, software, and services for research, manufacturing, analysis, discovery, and diagnostics. The company operates in various segments namely life sciences, industrial & applied science, clinical & diagnostics, lab solutions and other resources. The laboratory information management systems market related products and services lie under life sciences.

McKesson Corporation:

McKesson Corporation founded in 1833 and headquartered in San Francisco, U.S. The company is engaged in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care and healthcare information technology. It has partnered with several pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare to provide the precise medicines, medical products and healthcare services to the patients safely and cost-effectively. It operates its business through two reporting segments – McKesson distribution solutions and McKesson technology solutions.

Abbott:

Abbott was incorporated in 1990 and headquartered in Illinois, U.S. The company is a diversified healthcare company focused in discovery, development, manufacture and marketing of broad line of health care products. It operates its business through four segments namely – established pharmaceutical products, diagnostic products, nutritional products and vascular products.

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