Global Laboratory Information Management System Market Size & Outlook
The laboratory information management system industry worldwide is expected to reach a projected revenue of US$ 3,562.5 million by 2030. A compound annual growth rate of 6.7% is expected of the worldwide laboratory information management system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,256.7
Forecast, 2030 (US$M)
$3,562.5
CAGR, 2024 - 2030
6.7%
Report Coverage
Worldwide
Global laboratory information management system market, 2018-2030 (US$M)
Related Markets
Global laboratory information management system market highlights
- The global laboratory information management system market generated a revenue of USD 2,256.7 million in 2023 and is expected to reach USD 3,562.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.7% by 2030.
- In terms of segment, cloud-based accounted for a revenue of USD 978.7 million in 2023.
- Cloud-based is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,256.7 million |
| Market revenue in 2030 | USD 3,562.5 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Cloud-based |
| Fastest growing segment | Cloud-based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-premise, Web-hosted, Cloud-based |
Other key industry trends
- In terms of revenue, the North America accounted for 44.5% of the global laboratory information management system market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,220.7 million by 2030.
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Laboratory Information Management System Market Scope
Laboratory information management system market segmentation & scope
Laboratory Information Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global laboratory information management system market size, by regions, 2018-2030 (US$M)
Top 10 countries: Laboratory information management system market size, 2023 (US$M)
Global laboratory information management system market share, by product, 2023 & 2030 (%, US$M)
Laboratory information management system market: Opportunity assessment by country
Global laboratory information management system market, by region, 2023 (US$M)
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