Europe Laboratory Information Management Systems (LIMS) Market Identifying Roles and Objectives In Coming Years till 2028

The laboratory information management systems (LIMS) market in Europe is expected to grow from US$ 228.16 million in 2021 to US$ 476.17 million by 2028; it is estimated to grow at a CAGR of 11.1% from 2021 to 2028.

Laboratory automation is emerging as an approach to minimize human involvement in laboratory processes. The automation of routine laboratory procedures with the help of dedicated workstations and system software helps increase laboratory efficiency and enables researchers to concentrate on important tasks along with avoiding human errors. Laboratories are increasingly adopting laboratory information management systems (LIMS) to maintain stringent regulatory compliance, uplift efficiency and productivity, and drive data security and integrity.

According to a study published in the Journal of Lab Automation, the error incidences in fully automated, semi-automated, and manual operations are 1–5%, 1–10%, and 10–30%, respectively. The growing use of digital workstations, automated analyzers, and total laboratory automation (TLA) allows laboratory personnel to reassign activities and contribute a greater value to operations. Moreover, high volumes of data generated by laboratory systems is triggering the demand for effective data processing, analysis, and sharing methods, thereby highlighting the need of efficient and cost-effective solutions such as the LIMS.

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Laboratory management departments are facing many challenges with a rising population submitting larger number of samples to laboratories and a lack of personnel to process those samples. These challenges are compelling them to maintain their laboratory operations, as laboratories have to maintain control over the influx of samples as well as find the way to improve workflow to deliver patient results in a timely manner. Further, growing demand for data integration is another factor contributing to the laboratory information management systems market growth. With pharmaceutical and biotechnological industries spending huge amounts on research and development activities, the scientific communities are generating huge volumes of data.

The appropriate processing and interpretation of the collected data requires data integration solutions. For instance, in 2000, Quest Diagnostics, a prominent independent testing laboratory, started providing their consumers with a direct access to test results through the TheDailyApple.com website owned and managed by Caresoft Inc. It offers direct-to-consumer test result, thereby ensuring confidentiality and anonymity of patients. Manual processes and paper records may allow unauthorized access to data, which increases the chances of data manipulation, and hence, managing data integrity is a big challenge faced by laboratories dependent on manual operations. Increasing adoption of electronic health record (EHR) systems in outpatient clinics and hospitals, to mitigate the risks associated with manual operations, would fuel the demand for LIMS.

The systems also allow the use of laboratory data to offer safe and high-quality patient care. Thus, the growing focus on effective clinical workflow management, leading to the rise in automation if laboratory processes, is driving the laboratory information management systems market growth.

𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

THERMO FISHER SCIENTIFIC INC.

Abbott

Illumina, Inc.

LabLynx, Inc.

LabVantage Solutions, Inc.

Accelerated Technology Laboratories, Inc.

LabWare

Autoscribe Informatics

 

Segments Covered

By Type

• Standalone and Integrated

By Deployment

• On-Premise Delivery Mode
• Web-Based Delivery Mode
• Cloud-Based Delivery Mode

By Component

• Software and Services

By Application

• Sample Management
• Workflow Automation
• Records Management
• Logistics Management
• Enterprise Resource Planning
• Decision Making

By End-User

• Hospitals & Clinics
• Pharmaceutical Companies
• Contract Research Organizations
• Other End Users

Europe Laboratory Information Management Systems (LIMS) Market: A Comprehensive Analysis

The European Laboratory Information Management Systems (LIMS) market is a dynamic and evolving landscape, driven by increasing regulatory pressures, growing research and development activities, and the need for enhanced data management and operational efficiency across diverse industries. LIMS solutions play a crucial role in streamlining laboratory workflows, ensuring data integrity, and facilitating regulatory compliance, making them indispensable tools for modern laboratories.

Market Drivers and Trends:

Several key factors are propelling the growth of the European LIMS market:

• Stringent Regulatory Requirements: Industries such as pharmaceuticals, biotechnology, food and beverage, and environmental testing are subject to rigorous regulatory standards, including GMP, GLP, and ISO 17025. LIMS solutions help laboratories comply with these regulations by providing audit trails, electronic records, and automated reporting capabilities. The increasing focus on data integrity and traceability is a significant driver for LIMS adoption.
• Growing R&D Activities: Europe is a hub for scientific research and development, with significant investments in pharmaceuticals, biotechnology, and other life sciences. The need to manage and analyze large volumes of data generated from these activities is driving the demand for advanced LIMS solutions.
• Increased Focus on Data Integration and Automation: Laboratories are increasingly adopting automated workflows and integrating various analytical instruments and software systems. LIMS solutions that can seamlessly integrate with these systems and provide real-time data access are highly sought after. Automation of routine tasks, such as sample tracking and data entry, improves efficiency and reduces human error.
  
  
  

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