Laboratory Information Management System (LIMS) Market is estimated to be US$ 1482.80 billion by 203

Nehashaikh06 May, 2022Business

Global Laboratory Information Management System (LIMS) Market accounted forUS$ 814.32 billion in 2020 and is estimated to be US$ 1482.80 billion by 2030 and is anticipated to register a CAGR of 6.2%. A laboratory information management system (LIMS) is a software-based solution that supports modern laboratory operations. It is also known as a laboratory information system (LIS) or laboratory management system (LMS). Workflow management, as well as data tracking and processing, are important components of LIMS. It may be used in controlled healthcare situations because of its flexible architecture and data exchange interfaces. From simple sample tracking to an enterprise resource planning tool that controls several areas of laboratory informatics, the capabilities and applications of a LIMS have grown over time.