Laboratory Information Management System Industry Procurement Intelligence & Day One Analysis Report

Henry Jones09 Feb, 2022Business

The global laboratory information management systems market was valued at USD 1.1 billion in 2020 and is expected to grow at a CAGR of 4.0% from 2020 to 2027. North America has the largest market share regionally and it is expected to have the largest market share during the forecast period as well. Human genome testing has been on an increase over the last 4-5 years and a significantly high number of samples within the life science domain are generated which are analyzed by a laboratory information management system.