Saudi Arabia Laboratory Information Management System Market Size & Outlook
The laboratory information management system market in Saudi Arabia is expected to reach a projected revenue of US$ 16.6 million by 2030. A compound annual growth rate of 7.8% is expected of Saudi Arabia laboratory information management system market from 2024 to 2030.
Revenue, 2023 (US$M)
$9.8
Forecast, 2030 (US$M)
$16.6
CAGR, 2024 - 2030
7.8%
Report Coverage
Saudi Arabia
Saudi Arabia laboratory information management system market, 2018-2030 (US$M)
Related Markets
Saudi Arabia laboratory information management system market highlights
- The Saudi Arabia laboratory information management system market generated a revenue of USD 9.8 million in 2023 and is expected to reach USD 16.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.8% 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 9.8 million |
| Market revenue in 2030 | USD 16.6 million |
| Growth rate | 7.8% (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, Saudi Arabia accounted for 0.4% 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 Middle East & Africa, South Africa laboratory information management system market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.9 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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Saudi Arabia laboratory information management system market size, by product, 2018-2030 (US$M)
Saudi Arabia Laboratory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
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