LABORATORY INFORMATION MANAGEMENT SYSTEMS/ LIMS MARKET

Transcription

1 Healthcare IT 2014 LABORATORY INFORMATION MANAGEMENT SYSTEMS/ LIMS MARKET By Product (COTS & Legacy), Delivery Mode (On-premise, Hosted, Cloud), Component (Software & Services), End User Industries (Healthcare, CRO, Petrochemical, Oil and Gas, Chemical) FORECAST TO 2019 R e p o r t D e s c r i p t i o n T a b l e o f C o n t e n t s L i s t o f T a b l e s S a m p l e T a b l e s R e l a t e d R e p o r t s MarketsandMarkets North - Dominion Plaza, 17304, Preston Road, Suite 800, Dallas, TX 75252, U.S. Tel. No.: [email protected] Website:

2 MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers fourteen industry verticals, including aerospace and defence, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. Copyright 2014 MarketsandMarkets All Rights Reserved. This document contains highly confidential information and is the sole property of MarketsandMarkets. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of MarketsandMarkets. 1

3 1 INTRODUCTION 1.1 OBJECTIVES OF THE STUDY To define, describe, and forecast the global laboratory information management systems (LIMS) market on the basis of product, component, delivery mode, end user, and region To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges) To strategically analyze micromarkets 1 with respect to individual growth trends, future prospects, and contributions to the overall market To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders To forecast the revenue of market segments with respect to four main regions (along with countries), namely, North America, Europe, Asia, and the Rest of the World (RoW) To strategically profile key players and comprehensively analyze their product portfolios, market positions, and core competencies 2 To track and analyze competitive developments such as joint ventures, mergers and acquisitions, new product developments, expansions, and research and development activities in the global LIMS market 1.2 MARKET DEFINITION A laboratory information management system (LIMS) is a software module used in industrial laboratories to acquire, analyze, store, and report laboratory data. LIMS enables healthcare and other end users to improve work processes, traceability, sample turnaround time, data security and accountability, and regulatory compliance. 1. Micromarkets are defined as the further segments and subsegments of the global LIMS market included in the report 2. RoW includes the Pacific countries, the Middle East, Africa, and Latin America 3. Core competencies of companies are captured in terms of their key developments, SWOT analyses, and key strategies adopted to sustain their positions in the market. 2

4 1.3 MARKET SCOPE MARKETS COVERED This research report categorizes the LIMS market into the following segments: Laboratory Information Management Systems (LIMS) Market, by Product Commercial Off-the-Shelf (COTS) LIMS Legacy LIMS Laboratory Information Management Systems (LIMS) Market, by Delivery Mode On-premise LIMS Cloud-based LIMS Remotely Hosted LIMS Laboratory Information Management Systems (LIMS) Market, by Component Software Services Laboratory Information Management Systems (LIMS) Market, by End User Healthcare Industries Pharmaceutical and Biotechnology Companies Biobanks/Biorepositories Contract Services Organizations (CROs and CMOs) Academic Research Institutes Petrochemical Refineries & Oil and Gas Industry Chemical Industry Food and Beverage and Agriculture Industries Environmental Testing Laboratories Metals and Mining Industry Other End Users Laboratory Information Management Systems (LIMS) Market, by Region North America U.S. Canada Europe Germany U.K. France 3

5 Italy Spain Rest of Europe (RoE) Asia Rest of the World (RoW) YEARS CONSIDERED FOR THE STUDY 1.4 CURRENCY The currency used in this report is U.S. dollars, with market size indicated only in $million. For companies reporting their revenue in U.S. dollars, the revenues were picked from their annual report For companies that reported their revenues in other currencies, average annual currency conversion rate was used for the particular year to convert the value in the U.S. dollars 1.5 LIMITATIONS The report does not cover quantitative information (value market) at the country level for the Asian and RoW regions, as that information was not available with primary and secondary sources. However, the report provides country-level qualitative information Due to limited information available from secondary and primary sources, the volume market is not included in the report 1.6 MARKET STAKEHOLDERS LIMS Vendors Healthcare IT Service Providers Research and Consulting Firms Pharmaceutical and Biotechnology Companies Process Industries 4

6 Healthcare Associations/Institutes Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Community Clinics, Psychiatrists, and Outpatient Clinics) Venture Capitalists Government Agencies Academic Research Institutes 5

7 2 RESEARCH METHODOLOGY This research study involved the usage of extensive secondary sources; directories; databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource; white papers; annual reports; company house documents; and SEC filings of companies. Secondary research was mainly used to identify and collect information useful for an extensive, technical, market-oriented, and commercial study of the global LIMS market. It was also used to obtain key information about the major players, market classification, and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. The primary sources are mainly several industry experts from core and related industries; preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and laboratory technologists; and organizations related to all segments of this industry s value chain. In-depth interviews were conducted from various primary respondents which included key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as assess future prospects. The following figure shows the market research methodology applied in making this report. FIGURE 1 RESEARCH METHODOLOGY HISTORICAL DATA FOR THE LIMS MARKET Evolution Laboratory Workflow Requirements Market Shares Competitive Landscape Regulatory Landscape Porter s Five Force Analysis Strategic Benchmarking PEST Analysis & Geographic Usage Patterns Market Drivers: INFLUENCING FACTORS (Market Trends and Dynamics) Growth in biobanks/ biorepositories Pressure to comply with regulations Need to integrate healthcare systems Technological advancements Trend of replacing existing legacy LIMS with commercial off-the-shelf LIMS (COTS) Burning Issues: Integration of LIMS and ELN Market Restraints: Lack of trained HCIT professionals High cost of maintaince and service Interoperable issues Challenges: Interfacing LIMS with different instruments in the laboratory Survival of new entrants Market Opportunities: Emerging Asian markets Adoption of LIMS in academic and research institutes Increased outsourcing of activities by pharmaceutical companies in Eastern Europe Industry Trends: Growing focus on personalized medicines Increased outsourcing activities Government support for life sciences and research institutes New product launches, agreements, partnerships, collaborations & strategic alliances were the key developments in last three years Historical Data of the Market Market Size & Forecast, by Product Market Size & Forecast, by Component FORECAST Market Size & Forecast, by Delivery mode Impact Analysis of Market Trends Market Size & Forecast, by End User Arrive at the Market Size, Share, and CAGR for the LIMS market In the secondary research process, various secondary sources were referred to for identifying and collecting information useful for this study, such as annual reports, press releases, investor presentations of companies, white papers, HCIT journals, lab automation and informatics journals, certified publications, articles from recognized authors, gold standard and silver standard websites, directories, and databases. 6

8 Secondary research was mainly used to obtain key information about the industry s value chain, leading and emerging players, market classification and segmentation according to industry trends to the bottommost level, geographical markets, and key developments from both market and technology-oriented perspectives. In the primary research process, various primary sources from both the supply- and demand-side were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply-side include industry experts such as CEOs, vice-presidents, marketing directors, technology and innovation directors, and related key executives. Primary sources from the demand-side include expert researchers from academic research institutes, laboratory technicians, laboratory managers from pharmaceutical laboratories, chemical industries, waste water testing laboratories, metal and mining industries, biobanks/biorepositories, and contract research organizations. After complete market engineering (which includes calculations for market statistics, market crackdowns, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify segmentation types; industry trends; Porter s analysis; PEST analysis; key players; competitive landscape of LIMS market players; and key market dynamics such as drivers, restraints, opportunities, burning issues, industry trends, and key player strategies. In the complete market engineering process, both top-down and bottom-up approaches were extensively used along with several data triangulation methods to perform market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report. 2.1 MARKET SIZE ESTIMATION Both top-down and bottom-up approaches were used to estimate and validate the size of the global market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The research methodology includes a study of the annual and financial reports, company websites of top market players, and also extensive interviews for key insights from manufacturers (CEOs, directors, and marketing executives). All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The data is consolidated and added to detailed inputs and analysis in this report. The following figure shows an illustrative representation of the overall market size estimation process employed for the purpose of this study. 7

9 FIGURE 2 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH Bottom-up Approach Global LIMS Market Global Market Value Market was added for each region Primary: Demand & Supply Side Experts Secondary: Annual Reports, Presentations, Press Releases, Journals, Paid Databases, and MarketsandMarkets Repository Country Level Market was added up to Reach to Regional market For estimating the size of the global LIMS market, the country-level and regional-level markets were obtained from secondary sources through extensive primary interviews. The country-level markets were then added up to reach the total market size of each region, namely, North America, Europe, Asia, and RoW. By adding up the market of all these regions, the global LIMS market was derived. The total market derived through bottom-up approach was again validated through secondary sources and primary interviews. FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH Top-Down Approach Global LIMS Market Total Global LIMS Market ($Million) The Global Market Size is Validated Through Primaries (Demand and Supply Side Experts) Percentage Split applied to derive market for End User/ Product Type/ Delivery Mode/Component Arrived at market size for each End User/ Product Type/ Delivery Mode/ Component Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and MarketsandMarkets Repository Primary: Demand- and Supply-side Experts The overall market size derived by the bottom-up approach was used in the top-down procedure to estimate the sizes of other individual markets (mentioned in the market segmentation of end users, 8

10 products, delivery modes, and components) through percentage splits from secondary and primary research. FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION AND REGION NUMBER OF PRIMARIES: BY COMPANY NUMBER OF PRIMARIES: BY DESIGNATION NUMBER OF PRIMARIES: BY REGION XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% Tier 1 Companies Tier 3 Companies Tier 2 Companies C Level Director-Level Others North America Asia Europe ROW Note: *Others include sales managers, marketing managers, and product managers Tiers of the companies are defined on the basis of their Total revenue. As of 2013: Tier 1 = >$XX billion, Tier 2 = $XX million to $XX billion, and Tier 3 = <$XX million. 2.2 MARKET BREAKDOWN DOWN & DATA TRIANGULATION After arriving at the overall market size from the market size estimation process explained above, the total market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market was validated using both top-down and bottom-up approaches. The following figure shows the market breakdown structure and the data triangulation methodology implemented in the market engineering process for making this report. 9

11 Supply Side Demand Side Laboratory Information Management Systems/LIMS Market Forecast to 2019 FIGURE 5 DATA TRIANGULATION METHODOLOGY PRIMARY SOURCES SECONDARY SOURCES Interviews with: Healthcare IT Service Providers Pharmaceutical and Biotechnology Companies Process Industries Healthcare Associations Institutes Academic Research Institutes Interviews with: CEOs Presidents Vice-presidents Marketing managers Business managers Product managers Sales executives Other LIMS market-related persons to get insights on the market size, market growth, key players, strategies, and market shares Primary Sources Subject Matter Experts DATA TRIANGULATION Information Sourced Secondary Sources Annual Reports, Presentations, Websites, and Press Releases of top players, News Articles, Journals, and Paid Databases Healthcare Information Management System Society (HIMSS) The European Coordination Committee of the Radiological Electromedical and Healthcare IT Industry (COCIR) American Health Information Management Association (AHIMA) MarketsandMarkets Repository Key Players Competitive Landscape Opportunities/Challenges Market Size (2014) and Market Share (2013) Drivers/Restraints Forecasting Geographical Analysis MnM KNOW* stands for MarketsandMarkets 'Knowledge Asset Management' framework. In this context, it stands for existing market research knowledge repository of over 5000 granular markets, our flagship competitive intelligence and market research platform "RT", subject matter experts, and independent consultants. MnM KNOW acts as an independent source that helps us validate information gathered from primary and secondary sources. 2.3 KEY DATA FROM SECONDARY RESOURCES 1 PARAMETERS Market Revenue SOURCES Company Financials Magazines Journals Press Releases Paid Databases, and The MarketsandMarkets Data Repository 2 Market Revenue of Companies Annual Reports Company Websites Public Databases, and The MarketsandMarkets Data Repository 3 Qualitative Information (Market Dynamics, Market Trends) Company Websites Annual Reports Press Releases, and The MarketsandMarkets Data Repository 10

12 2.4 KEY DATA FROM PRIMARY RESOURCES PARAMETERS KEY DATA POINTS 1 Geographic Split Overall market and sub-segments in 2013 CAGR of each region in the forecast period ( ) The global LIMS market, by geography North America (U.S. and Canada), Europe (Germany, France, U.K., Spain, Italy & RoE), Asia and RoW 2 Global Market Size The global market size for the year 2013 CAGR for the forecast period ( ) The global LIMS market The LIMS market by product type, delivery mode, component, and end user 3 Market Split Healthcare Industries, Petrochemical Refineries & Oil and Gas Industries, food and beverage and agricultural industries, chemical industries, metals and mining industries, environmental testing and other industries On-premise, remotely-hosted, and cloud-based LIMS LIMS software and services Commercial off the- shelf LIMS (COTS) and Legacy LIMS Global LIMS market, by end user Global LIMS market, by delivery mode Global LIMS market, by component Global LIMS market, by product type 2.5 KEY INDUSTRY INSIGHTS Emerging economies such as Singapore, China, and India offers an array of growth opportunities for the LIMS market in the next five years Chief Information Officer (CIO), Leading Healthcare Provider Organization, U.S. The CAGR for the LIMS market over the next five years is expected to be ~XX% to XX%. Product Manager, Leading LIMS Company in 2014, North America holds the major market share. However, in the coming five years, Asia is poised to grow at the highest CAGR of XX %. Associate Director (Asia-Pacific), Leading LIMS Company Currently, COTS LIMS holds ~XX%-XX% of the market share. In the next five years, it will continue to dominate the market because of its user-friendliness as compared to Legacy LIMS Systems Marketing Director, Leading LIMS Company, Pharmaceutical and biotechnology industries have the highest growth potential due to increasing pressure on these industries to comply with regulatory standards. Global Sales Manager, Leading Pharmaceutical Company, U.S. 11

13 2.6 ASSUMPTIONS PARAMETERS ASSUMPTIONS 1 Global LIMS Market There will be no abrupt macroeconomic changes across the globe during the forecast period There will be no major changes in application areas of the LIMS during the forecast period There will be no overlap in the application areas of Electronic Lab Notebook (ELN) and LIMS during the forecast period Note: The market values have been rounded off till the second decimal. Due to this, there may be a slight difference in the actual Total and the Total mentioned in the table. 12

14 TABLE OF CONTENTS 1 INTRODUCTION OBJECTIVES OF THE STUDY MARKET DEFINITION MARKET SCOPE MARKETS COVERED YEARS CONSIDERED FOR THE STUDY CURRENCY LIMITATIONS MARKET STAKEHOLDERS RESEARCH METHODOLOGY MARKET SIZE ESTIMATION MARKET BREAKDOWN DOWN & DATA TRIANGULATION KEY DATA FROM SECONDARY RESOURCES KEY DATA FROM PRIMARY RESOURCES KEY INDUSTRY INSIGHTS ASSUMPTIONS EXECUTIVE SUMMARY PREMIUM INSIGHTS LIMS MARKET, BY PRODUCT LIMS MARKET, BY DELIVERY MODE LIMS HEALTHCARE INDUSTRY MARKET SHARE (2014) LIMS MARKET, BY COMPONENT LIMS MARKET, BY END USER GEOGRAPHIC SNAPSHOT LIMS: LIFE CYCLE ANALYSIS, BY REGION MARKET OVERVIEW INTRODUCTION EVOLUTION MARKET SEGMENTATION LIMS MARKET, BY PRODUCT LIMS MARKET, BY DELIVERY MODE LIMS MARKET, BY COMPONENT LIMS MARKET, BY END USER LIMS MARKET, BY REGION

15 5.4 MARKET DYNAMICS DRIVERS Rising pressure to comply with regulatory requirements Increasing replacement of legacy solutions with COTS LIMS solutions Growth in biobanks/biorepositories Growing awareness of LIMS and its application areas Growing need to integrate healthcare systems Technological advancements RESTRAINTS High maintenance costs and service expenses Lack of trained HCIT professionals OPPORTUNITIES Cloud-based LIMS Adoption of LIMS by academic research institutes Emerging economies offer huge potential CHALLENGES Interface of LIMS with other laboratory instruments Survival of small players INDUSTRY TRENDS PORTER S FIVE FORCES ANALYSIS THREAT FROM NEW ENTRANTS BARGAINING POWER OF SUPPLIERS BARGAINING POWER OF BUYERS THREAT FROM SUBSTITUTES INTENSITY OF COMPETITIVE RIVALRY PEST ANALYSIS POLITICAL FACTORS ECONOMIC FACTORS SOCIOCULTURAL FACTORS TECHNOLOGICAL FACTORS STRATEGIC BENCHMARKING LABORATORY INFORMATION MANAGEMENT SYSTEM (LIMS) MARKET, BY PRODUCT TYPE INTRODUCTION COMMERCIAL OFF-THE-SHELF (COTS) LIMS LEGACY LIMS LABORATORY INFORMATION MANAGEMENT SYSTEMS (LIMS) MARKET, BY DELIVERY MODE INTRODUCTION

16 8.2 ON-PREMISE LIMS CLOUD-BASED LIMS REMOTELY HOSTED LIMS LABORATORY INFORMATION MANAGEMENT SYSTEMS (LIMS) MARKET, BY COMPONENT INTRODUCTION SERVICES SOFTWARE LABORATORY INFORMATION MANAGEMENT SYSTEMS (LIMS) MARKET, BY END USER INTRODUCTION HEALTHCARE INDUSTRY PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES BIOBANKS/BIOREPOSITORIES CONTRACT SERVICE ORGANIZATIONS ACADEMIC RESEARCH INSTITUTES PETROCHEMICAL REFINERIES AND OIL & GAS INDUSTRY CHEMICAL INDUSTRY FOOD & BEVERAGE AND AGRICULTURE INDUSTRIES ENVIRONMENTAL TESTING LABORATORIES METAL AND MINING INDUSTRY OTHER END USERS LABORATORY INFORMATION MANAGEMENT SYSTEMS (LIMS) MARKET, BY GEOGRAPHY INTRODUCTION NORTH AMERICA U.S CANADA EUROPE GERMANY U.K FRANCE ITALY SPAIN REST OF EUROPE (ROE) ASIA REST OF THE WORLD (ROW)

17 12 COMPETITIVE LANDSCAPE OVERVIEW MARKET SHARE ANALYSIS COMPETITIVE SITUATION & TRENDS NEW PRODUCT LAUNCHES AGREEMENTS, PARTNERSHIPS, & COLLABORATIONS EXPANSIONS ACQUISITIONS COMPANY PROFILES INTRODUCTION CORE INFORMATICS, LLC LABWARE, INC LABVANTAGE SOLUTIONS, INC STARLIMS CORPORATION (A SUBSIDIARY OF ABBOTT LABORATORIES) THERMO FISHER SCIENTIFIC, INC AUTOSCRIBE INFORMATICS, INC. (A WHOLLY OWNED SUBSIDIARY OF AUTOSCRIBE LTD.) COMPUTING SOLUTIONS, INC. (CSI) GENOLOGICS LABLYNX, INC PERKINELMER, INC *Details On Financials, Products & Services, Key Strategy, & Recent Developments Might Not Be Captured In Case Of Unlisted Companies. 14 APPENDIX INSIGHTS OF INDUSTRY EXPERTS DISCUSSION GUIDE INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE AVAILABLE CUSTOMIZATION RELATED REPORTS

18 U Laboratory Information Management Systems/LIMS Market Forecast to 2019 LIST OF TABLES TABLE 1 TABLE 2 RISING PRESSURE TO COMPLY WITH REGULATORY REQUIREMENTS TO PROPEL THE GROWTH OF THE LIMS MARKET 47 HIGH MAINTENANCE AND SERVICE COSTS RESTRICT THE GROWTH OF THE MARKET 49 TABLE 3 CLOUD-BASED LIMS OFFERS EXCELLENT GROWTH OPPORTUNITIES 50 TABLE 4 INTERFACE OF LIMS WITH OTHER LABORATORY INSTRUMENTS IS A MAJOR CHALLENGE FOR THE LIMS MARKET 51 TABLE 5 LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 58 TABLE 6 COTS LIMS MARKET SIZE, BY REGION, ($MILLION) 60 TABLE 7 NORTH AMERICA: COTS LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 61 TABLE 8 EUROPE: COTS LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 61 TABLE 9 LEGACY LIMS MARKET SIZE, BY REGION, ($MILLION) 62 TABLE 10 NORTH AMERICA: LEGACY LIMS MARKET SIZE, BY COUNTRY, ($MILLION) ) 62 TABLE 11 EUROPE: LEGACY LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 63 TABLE 12 LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 66 TABLE 13 ON-PREMISE LIMS MARKET SIZE, BY REGION, ($MILLION) 67 TABLE 14 NORTH AMERICA: ON-PREMISE LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 67 TABLE 15 EUROPE: ON-PREMISE LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 68 TABLE 16 CLOUD-BASED LIMS MARKET SIZE, BY REGION, ($MILLION) 69 TABLE 17 NORTH AMERICA: CLOUD-BASED LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 70 TABLE 18 EUROPE: CLOUD-BASED LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 70 TABLE 19 REMOTELY HOSTED LIMS MARKET SIZE, BY REGION, ($MILLION) 71 TABLE 20 TABLE 21 NORTH AMERICA: REMOTELY HOSTED LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 71 EUROPE: REMOTELY HOSTED LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 72 TABLE 22 LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 74 TABLE 23 LIMS SERVICES MARKET SIZE, BY REGION, ($MILLION) 76 TABLE 24 NORTH AMERICA: LIMS SERVICES MARKET SIZE, BY COUNTRY, ($MILLION) 76 TABLE 25 EUROPE: LIMS SERVICES MARKET SIZE, BY COUNTRY, ($MILLION) 77 TABLE 26 LIMS SOFTWARE MARKET, BY REGION, ($MILLION) 78 TABLE 27 NORTH AMERICA: LIMS SOFTWARE MARKET SIZE, BY COUNTRY, ($MILLION) 79 TABLE 28 EUROPE: LIMS SOFTWARE MARKET, BY COUNTRY, ($MILLION) 79 TABLE 29 LIMS MARKET SIZE, BY END USER, ($MILLION) 82 TABLE 30 TABLE 31 LIMS MARKET SIZE FOR HEALTHCARE INDUSTRY, BY END USER, ($MILLION) 84 LIMS MARKET SIZE FOR HEALTHCARE INDUSTRY, BY REGION, ($MILLION) 84 17

19 TABLE 32 TABLE 33 TABLE 34 TABLE 35 TABLE 36 TABLE 37 TABLE 38 TABLE 39 TABLE 40 TABLE 41 TABLE 42 TABLE 43 TABLE 44 TABLE 45 TABLE 46 TABLE 47 TABLE 48 NORTH AMERICA: LIMS MARKET SIZE FOR HEALTHCARE INDUSTRY, BY COUNTRY, ($MILLION) 85 EUROPE: LIMS MARKET SIZE FOR HEALTHCARE INDUSTRY, BY COUNTRY, ($MILLION) 85 LIMS MARKET SIZE FOR PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES, BY REGION, ($MILLION) 87 NORTH AMERICA: LIMS MARKET SIZE FOR PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES, BY COUNTRY, ($MILLION) 87 EUROPE: LIMS MARKET SIZE FOR PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES, BY COUNTRY, ($MILLION) 88 LIMS MARKET SIZE FOR BIOBANKS/BIOREPOSITORIES, BY REGION, ($MILLION) 89 NORTH AMERICA: LIMS MARKET SIZE FOR BIOBANKS/BIOREPOSITORIES, BY COUNTRY, ($MILLION) 89 EUROPE : LIMS MARKET SIZE FOR BIOBANKS/BIOREPOSITORIES, BY COUNTRY, ($MILLION) 90 LIMS MARKET SIZE FOR CONTRACT SERVICE ORGANIZATIONS, BY REGION, ($MILLION) 91 NORTH AMERICA: LIMS MARKET SIZE FOR CONTRACT SERVICE ORGANIZATIONS, BY COUNTRY, ($MILLION) 91 EUROPE: LIMS MARKET SIZE FOR CONTRACT SERVICE ORGANIZATIONS, BY COUNTRY, ($MILLION) 92 LIMS MARKET SIZE FOR ACADEMIC RESEARCH INSTITUTES, BY REGION, ($MILLION) 93 NORTH AMERICA: LIMS MARKET SIZE FOR ACADEMIC RESEARCH INSTITUTES, BY COUNTRY, ($MILLION) 93 EUROPE: LIMS MARKET SIZE FOR ACADEMIC RESEARCH INSTITUTES, BY COUNTRY, ($MILLION) 94 LIMS MARKET SIZE FOR PETROCHEMICAL REFINERIES AND OIL & GAS INDUSTRY, BY REGION, ($MILLION) 95 NORTH AMERICA: LIMS MARKET SIZE FOR PETROCHEMICAL REFINERIES AND OIL & GAS INDUSTRY, ($MILLION) 95 EUROPE: LIMS MARKET SIZE FOR PETROCHEMICAL REFINERIES AND OIL & GAS INDUSTRY, BY COUNTRY, ($MILLION) 96 TABLE 49 LIMS MARKET SIZE FOR CHEMICAL INDUSTRY, BY REGION, ($MILLION) 97 TABLE 50 TABLE 51 TABLE 52 TABLE 53 TABLE 54 TABLE 55 TABLE 56 TABLE 57 NORTH AMERICA: LIMS MARKET SIZE FOR CHEMICAL INDUSTRY, BY COUNTRY, ($MILLION) 97 EUROPE: LIMS MARKET SIZE FOR CHEMICAL INDUSTRY, BY COUNTRY, ($MILLION) 98 LIMS MARKET SIZE FOR FOOD & BEVERAGE AND AGRICULTURE INDUSTRIES, BY REGION, ($MILLION) 99 NORTH AMERICA: LIMS MARKET SIZE FOR FOOD & BEVERAGE AND AGRICULTURE INDUSTRIES, BY COUNTRY, ($MILLION) 99 EUROPE: LIMS MARKET SIZE FOR FOOD & BEVERAGE AND AGRICULTURE INDUSTRIES, BY COUNTRY, ($MILLION) 100 LIMS MARKET SIZE FOR ENVIRONMENTAL TESTING LABORATORIES, BY REGION, ($MILLION) 101 NORTH AMERICA: LIMS MARKET SIZE FOR ENVIRONMENTAL TESTING LABORATORIES, BY COUNTRY, ($MILLION) 101 EUROPE: LIMS MARKET SIZE FOR ENVIRONMENTAL TESTING LABORATORIES, BY COUNTRY, ($MILLION)

20 TABLE 58 TABLE 59 TABLE 60 LIMS MARKET SIZE FOR METALS AND MINING INDUSTRY, BY REGION, ($MILLION) 103 NORTH AMERICA: LIMS MARKET SIZE FOR METALS AND MINING INDUSTRY, BY COUNTRY, ($MILLION) 103 EUROPE: LIMS MARKET SIZE FOR METALS AND MINING INDUSTRY, BY COUNTRY, ($MILLION) 104 TABLE 61 LIMS MARKET SIZE FOR OTHER END USERS, BY REGION, ($MILLION) 105 TABLE 62 NORTH AMERICA: LIMS MARKET SIZE FOR OTHER END USERS, ($MILLION) 105 TABLE 63 EUROPE: LIMS MARKET SIZE FOR OTHER END USERS, ($MILLION) 106 TABLE 64 LIMS MARKET SIZE, BY REGION, ($MILLION) 109 TABLE 65 NORTH AMERICA: LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 110 TABLE 66 EUROPE: LIMS MARKET SIZE, BY COUNTRY, ($MILLION) 110 TABLE 67 NORTH AMERICA: LIMS MARKET SIZE, BY END USER, ($MILLION) 112 TABLE 68 NORTH AMERICA: LIMS MARKET SIZE FOR HEALTHCARE INDUSTRIES, ($MILLION) 112 TABLE 69 NORTH AMERICA: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 113 TABLE 70 NORTH AMERICA: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 113 TABLE 71 NORTH AMERICA: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 113 TABLE 72 U.S.: LIMS MARKET SIZE, BY END USER, ($MILLION) 115 TABLE 73 U.S.: LIMS MARKET SIZE FOR HEALTHCARE INDUSTRIES, ($MILLION) 116 TABLE 74 U.S. : LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 116 TABLE 75 U.S.: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 116 TABLE 76 U.S.: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 117 TABLE 77 CANADA: LIMS MARKET SIZE, BY END USER, ($MILLION) 118 TABLE 78 CANADA: LIMS MARKET SIZE FOR HEALTHCARE INDUSTRIES, ($MILLION) 118 TABLE 79 CANADA: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 119 TABLE 80 CANADA: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 119 TABLE 81 CANADA: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 119 TABLE 82 EUROPE: LIMS MARKET SIZE, BY END USER, ($MILLION) 121 TABLE 83 EUROPE: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 122 TABLE 84 EUROPE: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 122 TABLE 85 EUROPE: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 123 TABLE 86 EUROPE: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 123 TABLE 87 GERMANY: LIMS MARKET SIZE, BY END USER, ($MILLION) 124 TABLE 88 GERMANY: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 124 TABLE 89 GERMANY: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 125 TABLE 90 GERMANY: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 125 TABLE 91 GERMANY: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 125 TABLE 92 U.K.: LIMS MARKET SIZE, BY END USER, ($MILLION) 126 TABLE 93 U.K.: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 127 TABLE 94 U.K.: LIMS MARKET SIZE, BY PRODUCT, ($MILLION)

21 TABLE 95 U.K. : LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 128 TABLE 96 U.K.: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 128 TABLE 97 FRANCE: LIMS MARKET SIZE, BY END USER, ($MILLION) 129 TABLE 98 FRANCE: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 129 TABLE 99 FRANCE: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 130 TABLE 100 FRANCE: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 130 TABLE 101 FRANCE: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 130 TABLE 102 ITALY: LIMS MARKET SIZE, BY END USER, ($MILLION) 131 TABLE 103 ITALY: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 132 TABLE 104 ITALY: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 132 TABLE 105 ITALY: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 133 TABLE 106 ITALY: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 133 TABLE 107 SPAIN: LIMS MARKET SIZE, BY END USER, ($MILLION) 134 TABLE 108 SPAIN: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 134 TABLE 109 SPAIN: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 135 TABLE 110 SPAIN: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 135 TABLE 111 SPAIN: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 135 TABLE 112 ROE: LIMS MARKET SIZE, BY END USER, ($MILLION) 136 TABLE 113 ROE: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 137 TABLE 114 ROE: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 137 TABLE 115 ROE: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 137 TABLE 116 ROE: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 138 TABLE 117 ASIA: LIMS MARKET SIZE, BY END USER, ($MILLION) 140 TABLE 118 ASIA: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 140 TABLE 119 ASIA: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 141 TABLE 120 ASIA: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 141 TABLE 121 ASIA: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 141 TABLE 122 ROW: LIMS MARKET SIZE, BY END USER, ($MILLION) 142 TABLE 123 ROW: LIMS MARKET SIZE FOR THE HEALTHCARE INDUSTRY, ($MILLION) 143 TABLE 124 ROW: LIMS MARKET SIZE, BY PRODUCT, ($MILLION) 143 TABLE 125 ROW: LIMS MARKET SIZE, BY DELIVERY MODE, ($MILLION) 144 TABLE 126 ROW: LIMS MARKET SIZE, BY COMPONENT, ($MILLION) 144 TABLE 127 RECENT NEW PRODUCT LAUNCHES 148 TABLE 128 RECENT AGREEMENTS, PARTNERSHIPS, & COLLABORATIONS 151 TABLE 129 RECENT EXPANSIONS 152 TABLE 130 RECENT ACQUISITIONS

22 LIST OF FIGURES FIGURE 1 RESEARCH METHODOLOGY 20 FIGURE 2 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 22 FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 22 FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION AND REGION 23 FIGURE 5 DATA TRIANGULATION METHODOLOGY 24 FIGURE 6 LIMS MARKET, BY PRODUCT (2014 VS. 2019): COTS LIMS WILL CONTINUE TO DOMINATE THE MARKET 27 FIGURE 7 LIMS MARKET, BY DELIVERY MODE, FIGURE 8 FIGURE 9 FIGURE 10 PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES TO HOLD LARGEST SHARE OF LIMS MARKET (2014 VS. 2019) 29 LIMS MARKET, BY REGION : NORTH AMERICA HOLDS THE LARGEST SHARE IN NEW PRODUCT LAUNCH WAS THE KEY STRATEGY ADOPTED BY THE MARKET PLAYERS 30 FIGURE 11 ATTRACTIVE MARKET OPPORTUNITIES OFFERED BY COTS LIMS MARKET 32 FIGURE 12 CLOUD-BASED LIMS SEGMENT TO GROW AT THE HIGHEST RATE 33 FIGURE 13 PHARMACEUTICAL, BIOTECHNOLOGY INDUSTRY TO HOLD LARGEST SHARES IN THE LIMS END-USER MARKET 34 FIGURE 14 SERVICES SEGMENT TO OFFER HIGH GROWTH OPPORTUNITIES 35 FIGURE 15 HEALTHCARE INDUSTRIES TO OFFER SIGNIFICANT CONTRIBUTION TO LIMS END-USER MARKET ( ) 36 FIGURE 16 ASIA TO WITNESS HIGHEST GROWTH IN THE FORECAST PERIOD 37 FIGURE 17 ASIA AND ROW MARKETS IN THE GROWTH PHASE 38 FIGURE 18 RISING NEED FOR EFFICIENT INFORMATION MANAGEMENT TO PLAY VITAL ROLE IN LIMS MARKET 41 FIGURE 19 LIMS MARKET SEGMENTATION, BY PRODUCT 42 FIGURE 20 LIMS MARKET SEGMENTATION, BY DELIVERY MODE 42 FIGURE 21 LIMS MARKET SEGMENTATION, BY COMPONENT 43 FIGURE 22 LIMS MARKET SEGMENTATION, BY END USER 43 FIGURE 23 LIMS MARKET SEGMENTATION, BY REGION 44 FIGURE 24 RISING PRESSURE TO COMPLY WITH THE REGULATORY REQUIREMENTS WILL DRIVE MARKET GROWTH 45 FIGURE 25 PORTER S FIVE FORCES ANALYSIS 52 FIGURE 26 STRATEGIC BENCHMARKING: LABVANTAGE, STARLIMS, AND THERMO FISHER SCIENTIFIC ADOPTED ORGANIC GROWTH STRATEGIES 55 FIGURE 27 COTS LIMS PRODUCT SEGMENT TO DOMINATE THE MARKET IN FIGURE 28 HIGH DEMAND FOR COTS LIMS TO SPUR MARKET GROWTH 58 FIGURE 29 COTS LIMS TO WITNESS DOUBLE-DIGIT GROWTH IN ASIA 60 FIGURE 30 CLOUD-BASED LIMS OFFERS SIGNIFICANT GROWTH OPPORTUNITIES 65 FIGURE 31 CLOUD-BASED LIMS TO WITNESS HIGHEST GROWTH IN ASIA 69 FIGURE 32 LIMS SERVICES MARKET TO DOUBLE BY FIGURE 33 LIMS SOFTWARE MARKET IN ASIA TO WITNESS DOUBLE-DIGIT GROWTH 78 21

23 FIGURE 34 BROAD END-USER BASE OF LIMS 81 FIGURE 35 HEALTHCARE INDUSTRY TO COMMAND LARGEST SHARE OF THE LIMS END-USER MARKET 82 FIGURE 36 BIOBANK/BIOREPOSITORIES SEGMENT TO GROW AT HIGHEST CAGR 83 FIGURE 37 ASIAN LIMS MARKET FOR PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES EXPECTED TO GROW AT HIGHEST CAGR 86 FIGURE 38 ASIA AND ROW MARKETS WILL BE THE NEW REVENUE POCKETS 108 FIGURE 39 ASIA: AN ATTRACTIVE DESTINATION FOR ALL END-USER SEGMENTS 109 FIGURE 40 NORTH AMERICA: MARKET SNAPSHOT 111 FIGURE 41 NEW PRODUCT LAUNCHES WILL TRIGGER MARKET GROWTH 115 FIGURE 42 GERMANY TO DOMINATE THE LIMS MARKET IN EUROPE 121 FIGURE 43 ASIA TO OFFER HUGE GROWTH OPPORTUNITIES FOR THE LIMS MARKET 139 FIGURE 44 MOST COMPANIES ADOPTED ORGANIC GROWTH STRATEGIES 145 FIGURE 45 GLOBAL LIMS MARKET SHARE, BY KEY PLAYER, FIGURE 46 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES WAS THE KEY STRATEGY 147 FIGURE 47 INDUSTRY-BASED BENCHMARKING FOR TOP FIVE PLAYERS IN THE LIMS MARKET 154 FIGURE 48 CORE INFORMATICS, LLC: COMPANY SNAPSHOT 155 FIGURE 49 LABWARE, INC.: COMPANY SNAPSHOT 157 FIGURE 50 LABVANTAGE SOLUTIONS, INC.: COMPANY SNAPSHOT 160 FIGURE 51 STARLIMS CORPORATION (A SUBSIDIARY OF ABBOTT LABORATORIES): COMPANY SNAPSHOT 164 FIGURE 52 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT 167 FIGURE 53 AUTOSCRIBE INFORMATICS, INC.: COMPANY SNAPSHOT 170 FIGURE 54 COMPUTING SOLUTIONS, INC.: COMPANY SNAPSHOT 172 FIGURE 55 GENOLOGICS: COMPANY SNAPSHOT 174 FIGURE 56 LABLYNX, INC.: COMPANY SNAPSHOT 176 FIGURE 57 PERKINELMER, INC.: COMPANY SNAPSHOT

24 SAMPLE TABLES TABLE 1 EUROPE: COTS LIMS MARKET SIZE, BY COUNTRY, ($MILLION) Country e 2019-p CAGR% ( ) Germany XX XX XX XX XX U.K. XX XX XX XX XX France XX XX XX XX XX Italy XX XX XX XX XX Spain XX XX XX XX XX ROE XX XX XX XX XX Total XX XX XX XX XX e: Estimated, p: Projected Source: Annual Reports, SEC Filings, Investor Presentations, Press Releases, Healthcare Information Management System Society (HIMSS), Society for Laboratory Automation and Screening, European Coordination Committee of the Radiological Electromedical and Healthcare IT Industry (COCIR), European Society for Biopreservation and Biobanking (ESBB), Oil and Gas Journal, American Health Information Management Association (AHIMA), International Society for Biological and Environmental Repository (ISBER), Healthcare IT News, Journals, Expert Interviews, and MarketsandMarkets Analysis Germany is expected to command ~XX% of the European COTS LIMS market in This geographic segment is poised to reach $XX million by 2019 from $XX million in 2014, at a CAGR of XX% during the forecast period. TABLE 2 NORTH AMERICA: LEGACY LIMS MARKET SIZE, BY COUNTRY, ($MILLION) ) Country e 2019-p CAGR% ( ) U.S. XX XX XX XX XX Canada XX XX XX XX XX Total XX XX XX XX XX e: Estimated, p: Projected Source: Annual Reports, SEC Filings, Investor Presentations, Press Releases, Healthcare Information Management System Society (HIMSS), Society for Laboratory Automation and Screening, European Coordination Committee of the Radiological Electromedical and Healthcare IT Industry (COCIR), European Society for Biopreservation and Biobanking (ESBB), Oil and Gas Journal, American Health Information Management Association (AHIMA), International Society for Biological and Environmental Repository (ISBER), Healthcare IT News, Journals, Expert Interviews, and MarketsandMarkets Analysis The U.S. is expected to command ~XX% of the North American legacy LIMS market in This segment is poised to reach $XX million by 2019 from $XX million in 2014, at a CAGR of XX% during the forecast period. 23

25 TABLE 3 CLOUD-BASED LIMS MARKET SIZE, BY REGION, ($MILLION) Region e 2019-p CAGR% ( ) North America XX XX XX XX XX Europe XX XX XX XX XX Asia XX XX XX XX XX RoW XX XX XX XX XX Total XX XX XX XX XX e- Estimated, p-projected Source: Annual Reports, SEC Filings, Investor Presentations, Press Releases, Healthcare Information Management System Society (HIMSS), Society for Laboratory Automation and Screening, European Coordination Committee of the Radiological Electromedical and Healthcare IT Industry (COCIR), European Society for Biopreservation and Biobanking (ESBB), Oil and Gas Journal, American Health Information Management Association (AHIMA), International Society for Biological and Environmental Repository (ISBER), Healthcare IT News, Journals, Expert Interviews, and MarketsandMarkets Analysis In 2014, North America is expected to command the largest share of ~XX% of the global cloud-based LIMS market. This geographic segment is poised to reach $XX million by 2019 from $XX million in 2014, at a CAGR of XX%. 24

26 RELATED REPORTS Sr. no. Report Title Link 1 2. Laboratory Information System/LIS Market by Type (Standalone, Integrated), Delivery Mode (On-premise, Hosted, SaaS), End User Labs (Clinical, Molecular Diagnostic, Blood Bank, Anatomic Pathology) & by Component (Software, Services) - Global Forecast to 2019 Lab Automation Market by Equipment & Software (Automated Liquid Handling & Robotics, Microplate Readers, LIMS and Automated Storage), and Applications (Drug Discovery, Clinical Diagnostics, Genomics, Proteomics) Trends & Global Forecasts to Market-Reports/laboratory- information-system-market html Market-Reports/lab-automationmarket-1158.html 25

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