Laboratory Information System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Laboratory Information System Market is segmented By Component (Software and Service), Mode of Delivery (On-premise and Cloud-Based), End User (Hospital, Clinics and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The report offers the value (in USD million) for the above segments.

Market Snapshot

Laboratory Information System Market Size
Study Period: 2019-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 9.6 %

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Market Overview

The Laboratory Information System Market is expected to register a CAGR of 9.6% during the forecast period.

Covid 19 has had a huge impact on the laboratory information system market due to the surge in Covid 19 cases daily. According to the study published in the Journal of the American Medical Informatics Association in August 2020, the Belgium national reference testing center has carried out more than 25,000 covid PCR tests in parallel to standard routine testing since the start of the outbreak by the implementation of laboratory information systems. Companies have also launched laboratory informatics, especially for the Covid 19 testing. For instance, The COVID-19 LIMS from LabVantage is a powerful, adaptable, and easy-to-use system that can be swiftly adapted to fulfill the rising demand for diagnostic testing in PHLs, as well as the adaptability to handle workflows for other types of testing. Therefore, handling the large volume of testing samples by LIMS during the covid, avoiding manual errors, and simplifying the process, covid selective innovative products have resulted in the surge of laboratory informatics demand during the pandemic.

The laboratory information system (LIS) is driven by the rising demand of the lab automation and advancement in the R&Ds labs, especially in the pharmaceutical and biotechnological laboratories. Additionally, the high accuracy and efficiency results of laboratory informatics products are driving the growth of the laboratory informatics market. According to the survey conducted in 2020 by Astrix Technologies LLC, a professional healthcare IT service provider, 61% of Laboratory Information Management System (LIMS) users profited from the removal of manual operations, 57% improved their sample management approach, and 46% saw a substantial increase in productivity within their laboratory setting.

According to the same source, a present LIMS implementation in their laboratory was reported by 77 percent of the organization's survey. The bulk of the organizations had more than 25 users, and 30% of the companies had at least 3 to 5 distinct types of LIMS across their implementation. Over 36% of customers said they were extremely happy with their LIMS, and 44% said it improved laboratory efficiency significantly. This represents the improved performance of laboratory informatics across the healthcare industry, thereby propelling the market growth.

According to the World Health Organization, September 2019, report on patient safety and risk management service in 2019, diagnostic error is seen in 5% in outpatient care settings in the United States. Furthermore, it stated that the diagnostic error accounted for 6-17% of all the harmful events in the hospitals. This type of issue will further drive the laboratory information system market thereby propelling the market growth.

Technological advancements have enabled healthcare providers and scientists to prepare samples and carry out a diagnosis with more precision and accuracy and minimize errors with these laboratory informatics and have therefore fuelled the market growth. However, the high cost of LIS software is another factor that is hindering the growth of the market.

Scope of the Report

As per the scope of this report, a laboratory information system is a software that is used to store and manage the data in laboratories. These systems are widely being used in hospitals and clinics to maintain the records of the patient’s medical history and to send laboratory test orders. The Laboratory Information System Market is segmented by Component (Software and Service), Mode of Delivery (On-premise and Cloud-Based), End-User (Hospital, Clinics, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

By Component
By Mode of Delivery
By End User
Other End Users
North America
United States
United Kingdom
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle-East and Africa
South Africa
Rest of Middle-East and Africa
South America
Rest of South America

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Key Market Trends

Cloud-based Segment is Expected to Hold a Major Market Share in the Laboratory Information System Market

The cloud-based segment will dominate in the LIS market, as with the cloud-based setup, data can be accessed by the multiple locations and multiple systems, and from multiple branches. Thus, all these factors are augmenting the growth of cloud-based mode of delivery.

Cloud-based solution are comparatively newer approaches and are mostly used by the organizations that lack the internal infrastructure to support them. The installation cost for these systems is lower than the on-premise systems. Moreover, these software eradicate the need for in-house maintenance and minimizes the risk of data theft by providing a secure platform for information sharing, which is likely to be the prime factor driving their increasing demand.​

Many of the companies are continuously engaged in the market studied by adopting new strategies such as product development, partnership, etc., which are expected to drive the market studied in this segment.​ For instance, in October 2020, GoMeyra, an innovative new software company dedicated to providing revolutionary tech solutions for medical laboratories, launched a customizable cloud-based lab information management system, GoMeyra LIMS. This software was specifically designed and developed as a solution to alleviate bottlenecks and increase efficiency challenges inherent in laboratory workflows.

Additionally, in September 2021, Health Minister Robin Swann launched a GBP 40 million Laboratory Information Management System (LIMS) that will significantly improve the delivery of clinical diagnostic services for key areas of healthcare. In March 2021, LabVantage Solutions, Inc. launched LabVantage Analytics, a full-featured, self-service advanced analytics solution that lets users easily explore, analyze, and visualize LIMS, enterprise, and external data to gain actionable business insights.

Furthermore, reduced IT manpower, cost-effective data management, and easy deployability are also some of the factors for the growth of the segment.

Laboratory Information System Market Share

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America expected to hold a major market share in the laboratory information system market due to the well-established healthcare IT sector in the region and government efforts to make access to laboratory services easy. It also dominates the laboratory informatics industry, and it is likely to remain so for a few more years. 

The United States has dominated the laboratory informatics market in North America due to increased acceptance of digital healthcare in the nation and rising investments of the companies developing laboratory informatics software in the country. For instance, Abbott headquartered in United States has invested USD 2,420 million in R&D for FY 2020. Many key players that manufacture laboratory informatics software, such as Orchard Software Corporation, Cerner, Epic Systems, Roper Technologies, Comp Pro Med Inc. are headquartered in the United States, will, in turn, help to grow the market in the United States.

Additionally, implementation of new services in the country is expected to drive the market growth. For instance, in March 2020, LigoLab Information System reported that the company is providing fully integrated and automated LIS support for client laboratories in California, Washington, and New York that are using Food and Drug Administration approved instruments to perform high-volume COVID-19 tests. Additionally, in August 2021, Xybion Corporation, a global low-code SaaS company that enables digital transformation in highly regulated industries including Life Sciences released the Pristima XD Digital Pathology.

Thus, this is expected to augment the growth of the market studied over the forecast period.

Laboratory Information System Market Growth

Competitive Landscape

The laboratory information system market competition is set to intensify, as several key players are focusing on the expansion of their laboratory information system portfolio through acquisition and collaboration with other companies. The laboratory information system market is expected to open up several opportunities for new players, as well as currently established market leaders. Some of the companies which are currently dominating the market are Sysmex Corporation, Total Specific Solutions (TSS), Roper Technologies, XIFIN Inc., Orchard Software Corporation, Cerner Corporation, Comp Pro Med Inc., Epic Systems Corporation, Margy Tech, and Cirdan Ltd.

Recent Development

In February 2022, Roche Diagnostics China entered into China with Sanomede Medical Technology Co., Ltd. to jointly launch RS600 Lab Automation Software (LAS) for Chinese Market.

In February 2022, Biosero, Inc., a BICO company, and a developer of laboratory automation solutions to orchestrate scientific discoveries, launched several new products and features in the company’s Green Button Go software suite. Together, these products deliver an array of advanced capabilities to help customers streamline, control, and generate better results from their automated lab systems.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Demand for Bio-banking

      2. 4.2.2 Increasing Focus on Improvisation of Laboratory

      3. 4.2.3 Technological Advancements in LIMS Offerings

    3. 4.3 Market Restraints

      1. 4.3.1 Cost Associated with Implementation of Laboratory Information Management System

      2. 4.3.2 Rising Data Security and Privacy Concerns

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value - USD Million)

    1. 5.1 By Component

      1. 5.1.1 Software

      2. 5.1.2 Services

    2. 5.2 By Mode of Delivery

      1. 5.2.1 On-premise

      2. 5.2.2 Cloud-based

    3. 5.3 By End User

      1. 5.3.1 Hospital

      2. 5.3.2 Clinic

      3. 5.3.3 Other End Users

    4. 5.4 Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

        1. GCC

        2. South Africa

        3. Rest of Middle-East and Africa

      5. 5.4.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Sysmex Corporation

      2. 6.1.2 Total Specific Solutions (TSS)

      3. 6.1.3 Roper Technologies (Sunquest Information Systems, Inc)

      4. 6.1.4 XIFIN Inc

      5. 6.1.5 Orchard Software Corporation

      6. 6.1.6 Cerner Corporation

      7. 6.1.7 Comp Pro Med Inc

      8. 6.1.8 Epic Systems Corporation

      9. 6.1.9 Margy Tech

      10. 6.1.10 Cirdan Ltd

      11. 6.1.11 CliniSys Group Limited

      12. 6.1.12 Biosero, Inc.

    2. *List Not Exhaustive

**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The Global Laboratory Information System Market market is studied from 2019 - 2027.

The Global Laboratory Information System Market is growing at a CAGR of 9.6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Roper Technologies (Sunquest Information Systems, Inc), XIFIN Inc, Cerner Corporation, Orchard Software Corporation, Sysmex Corporation are the major companies operating in Global Laboratory Information System Market.

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