Japan Laboratory Information Management System Market Size & Outlook
Japan laboratory information management system market, 2018-2030 (US$M)
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Japan laboratory information management system market highlights
- The Japan laboratory information management system market generated a revenue of USD 155.1 million in 2023 and is expected to reach USD 255.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, cloud-based was the largest revenue generating product in 2023.
- Cloud-based is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory information management system market data book summary
| Market revenue in 2023 | USD 155.1 million |
| Market revenue in 2030 | USD 255.4 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Cloud-based |
| Fastest growing segment | Cloud-based |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-premise, Web-hosted, Cloud-based |
| Key market players worldwide | Thermo Fisher Scientific Inc, Siemens AG, LabVantage Solutions, Inc., PerkinElmer, Abbott Laboratories, Illumina Inc, Labworks, LabLynx, LABTrack, Ovation Science Inc Ordinary Shares, Assaynet, LabWare, Autoscribe Informatics, Falcon Computing Solutions, CloudLIMS |
Other key industry trends
- In terms of revenue, Japan accounted for 6.9% of the global laboratory information management system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan laboratory information management system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 218.5 million by 2030.
Cloud-based was the largest segment with a revenue share of 43.13% in 2023. Horizon Databook has segmented the Japan laboratory information management system market based on on-premise, web-hosted, cloud-based covering the revenue growth of each sub-segment from 2018 to 2030.
Growing investments in R&D and increasing demand for outsourcing are driving the market growth in Japan. In 2016, Japan government allocated USD 77 million to genomic studies, thus creating significant growth opportunities in Japan LIMS market.
Thermo Fisher Scientific, Inc. and LabWare are some of the key players in Japan market. In March 2017, Thermo Fisher Scientific, Inc announced the acquisition of Core Informatics for the business expansion of its laboratory informatics portfolio.
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Laboratory Information Management System Market Scope
Laboratory Information Management System Market Companies
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Japan laboratory information management system market size, by product, 2018-2030 (US$M)
Japan Laboratory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
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