Laboratory Informatics Market Share, Growth, Development and Forecast Report, 2030

NEW YORK - April 22, 2025 - PRLog -- According to the latest market research study published by P&S Intelligence, the global laboratory informatics market is experiencing rapid growth, with the market size valued at USD 4,376.2 million in 2023. This robust expansion is expected to continue at a CAGR of 11.4% during the forecast period, reaching a projected value of USD 9,176.6 million by 2030.

Technological innovations, particularly in the fields of genetic testing and personalized medicine, are significantly shaping the landscape of laboratory informatics. The growing need for precise data management systems in laboratories has led to an increasing reliance on Laboratory Information Management Systems (LIMS) and cloud-based solutions. These systems streamline processes such as sample tracking, data analysis, and workflow automation, enabling laboratories to operate more efficiently while maintaining high-quality results.

Key Insights

Segmentation Analysis

The LIMS segment is the largest within the laboratory informatics market, holding a significant share of 30% in 2023. LIMS solutions are widely adopted for their ability to track samples, manage data, and automate laboratory processes, which are critical for laboratories aiming to increase efficiency, reduce human error, and improve data accuracy. LIMS also integrates seamlessly with other laboratory equipment, making it a preferred choice across industries.

The enterprise content management segment is expected to grow at the fastest pace, with a CAGR of 12%. This growth is largely driven by the increasing need for comprehensive solutions that support the organization and management of vast amounts of data. ECM is particularly useful for managing research outputs and regulatory documentation in clinical laboratories and pharmaceutical R&D settings.

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Regional and Geographical Trends

The North American region is currently the largest market for laboratory informatics, primarily due to the extensive adoption of advanced informatics solutions in the U.S. and Canada. The presence of major pharmaceutical and biotechnology companies, along with government support for research initiatives, contributes to the region's leadership. The U.S. also has a well-established healthcare infrastructure, increasing the demand for efficient laboratory management solutions.

The Asia-Pacific region is expected to witness the fastest growth during the forecast period. This growth can be attributed to the expanding pharmaceutical, healthcare, and biotechnology sectors in emerging markets like India and China. As these countries continue to invest in improving their healthcare infrastructure and research capabilities, the demand for laboratory informatics solutions will likely see a sharp increase.