Laboratory Information System /LIS Market by Product (Standalone, Integrated), Component (Services, Software), End-user (Hospital Labs, Independent Labs, Pols), Delivery Mode (On-Premise, Cloud-Based), Analysis - Global Forecast to 2024

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Date: 24-Jun-2019
No. of pages: 153
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“The laboratory information systems market is projected to grow at a CAGR of 6.3% during the forecast period.”

The laboratory information systems (LIS) market is projected to reach USD 2.4 billion by 2024 from USD 1.8 billion in 2019, at a CAGR of 6.3%. The need for laboratory automation and increased lab efficiency, development of integrated LIS, the need to comply with regulatory requirements , and the rising prevalence of chronic diseases are driving the growth of the LIS market. Emerging countries and personalized medicine, along with the popularity of cloud-based LIS, are expected to provide significant opportunities for players in the market. However, high maintenance and service costs, the requirement of specialized laboratory units, interfacing issues, and a dearth of skilled professionals will challenge market growth in the coming years.

“The software segment is expected to grow at the highest CAGR during the forecast period.”

Based on component, the LIS market is segmented into software and services. The software segment is projected to grow at the highest CAGR during the forecast period due to the availability of advanced and automated laboratory software, increasing focus of industry players to develop innovative LIS software, and the growing demand for LIS software in developing countries.

“The hospital laboratories segment accounted for the largest share of the LIS market, by end user, in 2018.”

Based on end user, the LIS market is segmented into hospital laboratories, independent laboratories, physician office laboratories, and other end users (blood banks, retail clinics, and nursing homes). In 2018, the hospital laboratories segment accounted for the largest market share, owing to the implementation of LIS in hospitals and hospital laboratories to reduce waiting times for patients and improve the quality of diagnostics. Moreover, LIS can facilitate long-distance discussions with experts and also make digital slide images of specimens (such as blood smears or frozen sections) available online. Owing to these benefits, hospitals across the globe are increasingly adopting LIS.

“Increasing reimbursement for pathology procedures and rising cancer prevalence in North America to support the growth of the LIS market in North America.”

Geographically, the LIS market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America accounted for the largest share of the LIS market in 2018. The large market share of North America in the LIS market can be attributed to the increased reimbursement for pathology procedures, rising prevalence of cancer, and the presence of several major players in the US.

Breakdown of supply-side primary interviews:


  • By Company Type: Tier 1:35%, Tier 2:45%, and Tier 3:20%

  • By Designation:C-level:35%, D-level:25%, and Others:40%

  • By Region: North America:45%, Europe:20%, APAC:30%, and the RoW:5%


The major players in this market include Orchard Software Corporation (US), Sun quest Information Systems Inc. (US), Cerner Corporation (US), Computer Programs and Systems, Inc. (US), CompuGroup Medical AG (Germany), Meditech (US), SCC Soft Computer (US), Epic Systems Corporation (US), Comp Pro Med, Inc. (US), Schuyler House (US), LabWare, Inc. (US), LabHealth (US), American Soft Solutions Corp (US), LigoLab LLC (US), Allscripts Healthcare Solutions, Inc. (US), Common Cents Systems, Inc. (US), XIFIN, Inc. (US), Cirdan Ltd (Ireland), Clinical Software Solutions Ltd (US), TECHNIDATA (France), Aspyra LLC (US), Clinlab, Inc. (US), HEX Labs (US), LabSoft, Inc. (US), and NovoPath, Inc. (US).

Research coverage

This report studies the LIS market based on delivery mode, product, component, end user, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.

Key benefits of buying the report

This report focuses on various levels of analysis, such as industry trends, the market rankings of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the LIS market, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner higher market shares.

Laboratory Information System /LIS Market by Product (Standalone, Integrated), Component (Services, Software), End-user (Hospital Labs, Independent Labs, Pols), Delivery Mode (On-Premise, Cloud-Based), Analysis - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Laboratory Information Systems: Market Overview
4.2 Geographic Analysis: North American LIS Market, By Delivery Mode
4.3 US: Laboratory Information Systems Market Share, By Component and Delivery Mode
4.4 Geographical Snapshot of the Laboratory Information Systems Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Rising Prevalence of Chronic Diseases
5.2.1.2 Need for Laboratory Automation
5.2.1.3 Development of Integrated Laboratory Information Systems
5.2.1.4 Need to Comply With Regulatory Requirements
5.2.1.5 Increasing Adoption of LIS to Enhance Lab Efficiency
5.2.2 Restraints
5.2.2.1 High Maintenance and Service Costs
5.2.3 Opportunities
5.2.3.1 Growing Popularity of Cloud-Based LIS
5.2.3.2 Significant Growth Potential of Emerging Countries
5.2.3.3 Personalized Medicine
5.2.4 Challenges
5.2.4.1 Interfacing With Diverse Laboratory Instruments
5.2.4.2 Requirement of Specialized LIS Solutions
5.2.4.3 Data Storage Challenges
5.2.4.4 Dearth of Trained Professionals

6 Laboratory Information Systems Market, By Component
6.1 Introduction
6.2 Services
6.2.1 Heavy Dependency of End Users on Service Providers to Drive the Growth of This Market Segment in the Coming Years
6.3 Software
6.3.1 Software Segment to Witness Higher Growth During the Forecast Period

7 Laboratory Information Systems Market, By Product
7.1 Introduction
7.2 Standalone LIS
7.2.1 Enhanced Data Security and User-Friendly Nature – Major Factors Supporting the Adoption of Standalone LIS
7.3 Integrated LIS
7.3.1 Integrated LIS Segment to Witness Higher Growth During the Forecast Period

8 Laboratory Information Systems Market, By Delivery Mode
8.1 Introduction
8.2 On-Premise
8.2.1 On-Premise Delivery is Preferred Due to the Advantages Related to the Customization of Solutions
8.3 Cloud-Based
8.3.1 Cloud-Based LIS Segment to Register Higher Growth During the Forecast Period

9 Laboratory Information Systems Market, By End User
9.1 Introduction
9.2 Hospital Laboratories
9.2.1 Affordability and Availability of Integrated LIS Solutions to Drive Their Demand in Hospital Laboratories
9.3 Independent Laboratories
9.3.1 Rising Demand for Managing Workflows, Enhancing Billing Processes, and Improving Turnaround Times in Independent Laboratories to Drive the Demand for LIS
9.4 Physician Office Laboratories
9.4.1 LIS Assists Physicians in Laboratory and Clinical Functions and Secure Access to Lab Results
9.5 Other End Users

10 Laboratory Information Systems Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Favorable Regulatory and Reimbursement Scenarios in the US Have Driven the use of LIS
10.2.2 Canada
10.2.2.1 Growing Need for Quality Cancer Diagnosis in Canada to Support Market Growth
10.3 Europe
10.3.1 Germany
10.3.1.1 Growing Focus of Market Players Will Drive the Growth of the German LIS Market
10.3.2 UK
10.3.2.1 Government Initiatives Likely to Propel the Adoption of LIS in the UK
10.3.3 France
10.3.3.1 Rising Geriatric Population to Create a Potential Market for Digital Healthcare in France
10.3.4 Italy
10.3.4.1 Conferences Supporting the Growth of the LIS Market in Italy
10.3.5 Spain
10.3.5.1 Growing R&D Activities and Expenditure to Drive Market Growth in Spain
10.3.6 RoE
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Healthcare Infrastructure Improvements to Support Market Growth in China
10.4.2 Japan
10.4.2.1 Rising Geriatric Population and the Increasing Burden of Chronic Diseases to Drive Market Growth in Japan
10.4.3 India
10.4.3.1 Rapid Growth in the Healthcare Industry to Drive the Demand for Laboratory Information Systems in India
10.4.4 Australia & New Zealand
10.4.4.1 Implementation of Hcit Programs in Australia & New Zealand to Support Market Growth
10.4.5 Rest of Asia Pacific
10.5 Rest of the World
10.5.1 Latin America
10.5.1.1 Rising Awareness of Hcit Solutions to Support Market Growth in Latam Countries Such as Brazil
10.5.2 Middle East & Africa
10.5.2.1 Healthcare Infrastructure Development to Drive Market Growth in the Middle East

11 Competitive Landscape
11.1 Overview
11.1.1 Market Ranking of Players, 2018
11.2 Competitive Leadership Mapping
11.2.1 Visionary Leaders
11.2.2 Innovators
11.2.3 Dynamic Differentiators
11.2.4 Emerging Companies
11.3 Competitive Scenario
11.3.1 Solution Launches
11.3.2 Solution Enhancement
11.3.3 Partnerships, and Agreements
11.3.4 Acquisitions

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 Orchard Software Corporation
12.2 Sunquest Information Systems, Inc. (Acquired By Roper Technologies, Inc.)
12.3 Cerner Corporation
12.4 Computer Programs and Systems, Inc. (CPSI)
12.5 CompuGroup Medical AG
12.6 Meditech (Medical Information Technology, Inc.)
12.7 SCC Soft Computer
12.8 Epic Systems Corporation
12.9 Comp Pro Med, Inc.
12.10 Schuyler House

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Available Customizations
13.3 Related Reports
13.4 Author Details

List of Tables

Table 1 Laboratory Information Systems: Market, By Component, 2017–2024 (USD Million)
Table 2 LIS Services Market, By Region, 2017–2024 (USD Million)
Table 3 North America: LIS Services Market, By Country, 2017–2024 (USD Million)
Table 4 Europe: LIS Services Market, By Country, 2017–2024 (USD Million)
Table 5 Asia Pacific: LIS Services Market, By Country, 2017–2024 (USD Million)
Table 6 Rest of the World: LIS Services Market, By Region, 2017–2024 (USD Million)
Table 7 LIS Software Market, By Region, 2017–2024 (USD Million)
Table 8 North America: LIS Software Market, By Country, 2017–2024 (USD Million)
Table 9 Europe: LIS Software Market, By Country, 2017–2024 (USD Million)
Table 10 Asia Pacific: LIS Software Market, By Country, 2017–2024 (USD Million)
Table 11 Rest of the World: LIS Software Market, By Region, 2017–2024 (USD Million)
Table 12 Laboratory Information Systems: Market, By Product, 2017–2024 (USD Million)
Table 13 Standalone LIS Market, By Region, 2017–2024 (USD Million)
Table 14 North America: Standalone LIS Market, By Country, 2017–2024 (USD Million)
Table 15 Europe: Standalone LIS Market, By Country, 2017–2024 (USD Million)
Table 16 Asia Pacific: Standalone LIS Market, By Country, 2017–2024 (USD Million)
Table 17 Rest of the World: Standalone LIS Market, By Region, 2017–2024 (USD Million)
Table 18 Integrated LIS Market, By Region, 2017–2024 (USD Million)
Table 19 North America: Integrated LIS Market, By Country, 2017–2024 (USD Million)
Table 20 Europe: Integrated LIS Market, By Country, 2017–2024 (USD Million)
Table 21 Asia Pacific: Integrated LIS Market, By Country, 2017–2024 (USD Million)
Table 22 Rest of the World: Integrated LIS Market, By Region, 2017–2024 (USD Million)
Table 23 Laboratory Information Systems Market, By Delivery Mode, 2017–2024 (USD Million)
Table 24 On-Premise LIS Market, By Region, 2017–2024 (USD Million)
Table 25 North America: On-Premise LIS Market, By Country, 2017–2024 (USD Million)
Table 26 Europe: On-Premise LIS Market, By Country, 2017–2024 (USD Million)
Table 27 Asia Pacific: On-Premise LIS Market, By Country, 2017–2024 (USD Million)
Table 28 Rest of the World: On-Premise LIS Market, By Region, 2017–2024 (USD Million)
Table 29 Cloud-Based LIS Market, By Region, 2017–2024 (USD Million)
Table 30 North America: Cloud-Based LIS Market, By Country, 2017–2024 (USD Million)
Table 31 Europe: Cloud-Based LIS Market, By Country, 2017–2024 (USD Million)
Table 32 Asia Pacific: Cloud-Based LIS Market, By Country, 2017–2024 (USD Million)
Table 33 Rest of the World: Cloud-Based LIS Market, By Region, 2017–2024 (USD Million)
Table 34 Laboratory Information Systems Market, By End User, 2017–2024 (USD Million)
Table 35 LIS Market for Hospital Laboratories, By Region, 2017–2024 (USD Million)
Table 36 North America: LIS Market for Hospital Laboratories, By Country, 2017–2024 (USD Million)
Table 37 Europe: LIS Market for Hospital Laboratories, By Country, 2017–2024 (USD Million)
Table 38 Asia Pacific: LIS Market for Hospital Laboratories, By Country, 2017–2024 (USD Million)
Table 39 Rest of the World: LIS Market for Hospital Laboratories, By Region, 2017–2024 (USD Million)
Table 40 LIS Market for Independent Laboratories, By Region, 2017–2024 (USD Million)
Table 41 North America: LIS Market for Independent Laboratories, By Country, 2017–2024 (USD Million)
Table 42 Europe: LIS Market for Independent Laboratories, By Country, 2017–2024 (USD Million)
Table 43 Asia Pacific: LIS Market for Independent Laboratories, By Country, 2017–2024 (USD Million)
Table 44 Rest of the World: LIS Market for Independent Laboratories, By Region, 2017–2024 (USD Million)
Table 45 LIS Market for Physician Office Laboratories, By Region, 2017–2024 (USD Million)
Table 46 North America: LIS Market for Physician Office Laboratories, By Country, 2017–2024 (USD Million)
Table 47 Europe: LIS Market for Physician Office Laboratories, By Country, 2017–2024 (USD Million)
Table 48 Asia Pacific: LIS Market for Physician Office Laboratories, By Country, 2017–2024 (USD Million)
Table 49 Rest of the World: LIS Market for Physician Office Laboratories, By Region, 2017–2024 (USD Million)
Table 50 LIS Market for Other End Users, By Region, 2017–2024 (USD Million)
Table 51 North America: LIS Market for Other End Users, By Country, 2017–2024 (USD Million)
Table 52 Europe: LIS Market for Other End Users, By Country, 2017–2024 (USD Million)
Table 53 Asia Pacific: LIS Market for Other End Users, By Country, 2017–2024 (USD Million)
Table 54 Rest of the World: LIS Market for Other End Users, By Region, 2017–2024 (USD Million)
Table 55 Market, By Region, 2017–2024 (USD Million)
Table 56 North America: Laboratory Information Systems Market, By Country, 2017–2024 (USD Million)
Table 57 North America: Laboratory Information Systems Market, By Product, 2017–2024 (USD Million)
Table 58 North America: Laboratory Information Systems Market, By Delivery Mode, 2017–2024 (USD Million)
Table 59 North America: Laboratory Information Systems Market, By Component, 2017–2024 (USD Million)
Table 60 North America: Laboratory Information Systems Market, By End User, 2017–2024 (USD Million)
Table 61 US: Laboratory Information Systems Market, By Product, 2017–2024 (USD Million)
Table 62 US: Laboratory Information Systems Market, By Delivery Mode, 2017–2024 (USD Million)
Table 63 US: Laboratory Information Systems Market, By Component, 2017–2024 (USD Million)
Table 64 US: Laboratory Information Systems Market, By End User, 2017–2024 (USD Million)
Table 65 Canada: Laboratory Information Systems Market, By Product, 2017–2024 (USD Million)
Table 66 Canada: Laboratory Information Systems Market, By Delivery Mode, 2017–2024 (USD Million)
Table 67 Canada: Laboratory Information Systems Market, By Component, 2017–2024 (USD Million)
Table 68 Canada: Market, By End User, 2017–2024 (USD Million)
Table 69 Europe: Market, By Country, 2017–2024 (USD Million)
Table 70 Europe: Market, By Product, 2017–2024 (USD Million)
Table 71 Europe: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 72 Europe: Market, By Component, 2017–2024 (USD Million)
Table 73 Europe: Market, By End User, 2017–2024 (USD Million)
Table 74 Germany: Market, By Product, 2017–2024 (USD Million)
Table 75 Germany: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 76 Germany: Market, By Component, 2017–2024 (USD Million)
Table 77 Germany: Market, By End User, 2017–2024 (USD Million)
Table 78 UK: Market, By Product, 2017–2024 (USD Million)
Table 79 UK: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 80 UK: Market, By Component, 2017–2024 (USD Million)
Table 81 UK: Market, By End User, 2017–2024 (USD Million)
Table 82 France: Market, By Product, 2017–2024 (USD Million)
Table 83 France: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 84 France: Market, By Component, 2017–2024 (USD Million)
Table 85 France: Market, By End User, 2017–2024 (USD Million)
Table 86 Italy: Market, By Product, 2017–2024 (USD Million)
Table 87 Italy: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 88 Italy: Market, By Component, 2017–2024 (USD Million)
Table 89 Italy: Market, By End User, 2017–2024 (USD Million)
Table 90 Spain: Market, By Product, 2017–2024 (USD Million)
Table 91 Spain: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 92 Spain: Market, By Component, 2017–2024 (USD Million)
Table 93 Spain: Market, By End User, 2017–2024 (USD Million)
Table 94 RoE: Market, By Product, 2017–2024 (USD Million)
Table 95 RoE: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 96 RoE: Market, By Component, 2017–2024 (USD Million)
Table 97 RoE: Market, By End User, 2017–2024 (USD Million)
Table 98 Asia Pacific: Market, By Country, 2017–2024 (USD Million)
Table 99 Asia Pacific: Market, By Product, 2017–2024 (USD Million)
Table 100 Asia Pacific: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 101 Asia Pacific: Market, By Component, 2017–2024 (USD Million)
Table 102 Asia Pacific: Market, By End User, 2017–2024 (USD Million)
Table 103 China: Market, By Product, 2017–2024 (USD Million)
Table 104 China: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 105 China: Market, By Component, 2017–2024 (USD Million)
Table 106 China: Market, By End User, 2017–2024 (USD Million)
Table 107 Japan: Market, By Product, 2017–2024 (USD Million)
Table 108 Japan: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 109 Japan: Market, By Component, 2017–2024 (USD Million)
Table 110 Japan: Market, By End User, 2017–2024 (USD Million)
Table 111 India: Market, By Product, 2017–2024 (USD Million)
Table 112 India: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 113 India: Market, By Component, 2017–2024 (USD Million)
Table 114 India: Market, By End User, 2017–2024 (USD Million)
Table 115 Australia & New Zealand: Market, By Product, 2017–2024 (USD Million)
Table 116 Australia & New Zealand: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 117 Australia & New Zealand: Market, By Component, 2017–2024 (USD Million)
Table 118 Australia & New Zealand: Market, By End User, 2017–2024 (USD Million)
Table 119 RoAPAC: Market, By Product, 2017–2024 (USD Million)
Table 120 RoAPAC: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 121 RoAPAC: Market, By Component, 2017–2024 (USD Million)
Table 122 RoAPAC: Market, By End User, 2017–2024 (USD Million)
Table 123 Rest of the World: Market, By Region, 2017–2024 (USD Million)
Table 124 Rest of the World: Market, By Product, 2017–2024 (USD Million)
Table 125 Rest of the World: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 126 Rest of the World: Market, By Component, 2017–2024 (USD Million)
Table 127 Rest of the World: Market, By End User, 2017–2024 (USD Million)
Table 128 Latin America: Market, By Product, 2017–2024 (USD Million)
Table 129 Latin America: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 130 Latin America: Market, By Component, 2017–2024 (USD Million)
Table 131 Latin America: Market, By End User, 2017–2024 (USD Million)
Table 132 Middle East & Africa: Market, By Product, 2017–2024 (USD Million)
Table 133 Middle East and Africa: Market, By Delivery Mode, 2017–2024 (USD Million)
Table 134 Middle East and Africa: Market, By Component, 2017–2024 (USD Million)
Table 135 Middle East and Africa: Market, By End User, 2017–2024 (USD Million)
Table 136 Solution Launches
Table 137 Solution Enhancement
Table 138 Partnerships and Agreements
Table 139 Acquisitions

List of Figures

Figure 1 Research Methodology: Laboratory Information Systems
Figure 2 Research Design
Figure 3 Primary Research
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Laboratory Information Systems Market Share, By Delivery Mode, 2018
Figure 8 Laboratory Information Systems Market Share, By End User, 2018
Figure 9 Laboratory Information Systems Market Share, By Component, 2018
Figure 10 Geographic Snapshot of the Laboratory Information Systems Market
Figure 11 Increasing Need for Laboratory Automation to Drive Market Growth During the Forecast Period
Figure 12 On-Premise LIS Accounted for the Largest Share of the North American Market in 2018
Figure 13 Services and On-Premise LIS Accounted for the Largest Share in 2018
Figure 14 Asia Pacific to Witness the Highest Growth During the Forecast Period
Figure 15 Laboratory Information Systems Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 North America Dominated the LIS Market in 2018
Figure 17 North America: Laboratory Information Systems Market Snapshot
Figure 18 Europe: Laboratory Information Systems Market Snapshot
Figure 19 Asia Pacific: Laboratory Information Systems Market Snapshot
Figure 20 RoW: Laboratory Information Systems Market Snapshot
Figure 21 Key Developments in the Laboratory Information Systems Market Between 2016 and 2019
Figure 22 Laboratory Information Systems Market Ranking, By Key Player (2018)
Figure 23 Laboratory Information Systems Market, Competitive Leadership Mapping, 2018
Figure 24 Roper Technologies, Inc.: Company Snapshot
Figure 25 Cerner Corporation: Company Snapshot
Figure 26 Computer Programs and Systems, Inc.: Company Snapshot
Figure 27 CompuGroup Medical AG: Company Snapshot

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