Global Laboratory Information Systems (LIS) Market to reach USD 2.52 Billion by 2027. Global Laboratory Information Systems (LIS) Market is valued approximately at USD 1.38 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.0% over the forecast period 2021-2027.

Lab automation solutions minimizes the human errors due to repetitive tasks such as moving plates and pipetting and also provides better accuracy. Growing adoption of LIS to enhance lab efficiency and increasing prevalence of chronic diseases are the factors which are driving the growth of Laboratory Information Systems (LIS) market.

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Furthermore, increasing demand for personalized medicine will be anticipating the growth of market in forecasted period. For instance, In December 2020, Cerner Corporation, a key market player in the US, has partnered with Xealth to increase the digital innovation and strengthen connections between providers and patients. This strategy will strengthen the company’s presence in this market. However, lack of integration standards for laboratory information systems may impede market growth over the forecast period of 2021-2027.

Global Laboratory Information Systems (LIS) market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a significant region across the world in terms of market share due to developed infrastructure and increase in demand for digitalized technologies in the region. Whereas Asia Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing development in healthcare infrastructure in the region. Major market player included in this report are: American Soft Solutions Corp. Orchard Software Corporation Sunquest Information Systems Cerner Corporation CompuGroup Medical Computer Programs and Systems Inc. Meditech SCC Soft Computer Epic Systems Corporation Comp Pro Med

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below: By Product Standalone LIS Integrated LIS By Component Services Software By Deployment type On-premises Cloud-based By End-User Hospital Laboratories Independent Laboratories POLs Other By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE

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Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World

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