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Laboratory Information System (LIS) Market to Witness a Pronounce Growth During 2027

Laboratory information system (LIS) is a software that accounts, stores, and manages data for laboratories. This system is used to send laboratory test orders, record test results, store data in a database used by the user.

Global Laboratory Information System (LIS) Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2020-2027). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report.

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At present, these systems are used widely in public health institutions, such as hospitals and clinics, to maintain data of patients tests, tracking of data quality, location and security, and end-user billing.

The global LIS market is segmented on the basis of product, delivery mode, component, end user, and region.

Based on product, the market is bifurcated into standalone LIS and integrated LIS systems.

The delivery mode segment includes on-premise LIS, web-based LIS, and cloud-based LIS.

Based on component, the market is segmented into LIS services and software.

Based on end user, it is classified into hospital laboratories, independent laboratories, physician office laboratories, and others (blood banks, retail clinics, and nursing homes).

Geographically, it is analyzed across North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

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Laboratory Information System /LIS Market Size, Analysis, Trends and Segmented Data by Top Companies and Opportunities 2020-2027

New Jersey, United States,- The latest research study on Laboratory Information System /LIS Market Added by Verified Market Research, offers details on current and future growth trends pertaining to the business besides information on myriad regions across the geographical landscape of the ‘Laboratory Information System /LIS market’. The report also expands on comprehensive details regarding the supply and demand analysis, participation by major industry players and market share growth statistics of the business sphere.

Global Laboratory Information System/LIS was valued at USD 1.27 billion in 2016 and is projected to reach USD 2.66 billion by 2025, growing at a CAGR of 8.56% from 2017 to 2025.

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The research report on the Laboratory Information System /LIS market provides a granular assessment of this business vertical and includes information concerning the market tendencies such as revenue estimations, current remuneration, market valuation, and market size over the estimated timeframe.

Major Players Covered in this Report are:

  • Cerner Corporation
  • Mckesson Corporation
  • Sunquest Information Systems
  • (Acquired By Roper Technologies
  • )
  • EPIC Systems Corporation
  • Meditech (Medical Information Technology
  • )
  • Compugroup Medical AG
  • Computer Programs and Systems
  • (CPSI)
  • Merge Healthcare
  • (Subsidiary of International Business Machines (IBM) Corp.)
  • SCC Soft Computer
  • Orchard Software Corporation

    The research report is broken down into chapters, which are introduced by the executive summary. It’s the introductory part of the chapter, which includes details about global market figures, both historical and estimates. The executive summary also provides a brief about the segments and the reasons for the progress or decline during the forecast period. The insightful research report on the global Laboratory Information System /LIS market includes Porter’s five forces analysis and SWOT analysis to understand the factors impacting consumer and supplier behavior.

    The scope of the Report:

    The report segments the global Laboratory Information System /LIS market on the basis of application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Laboratory Information System /LIS market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

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    As per the regional scope of the Laboratory Information System /LIS market:

    • North America (United States, Canada, Mexico, Brazil)
    • APAC (China, Japan, Korea, Southeast Asia, India, Australia)
    • Europe (Germany, France, UK, Italy, Russia, Spain)
    • Middle East & Africa (Egypt, South Africa, Israel Turkey, GCC Countries)


    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market


    Key Questions Answered in the report:

    • What will the market growth rate of Laboratory Information System /LIS market
    • What are the key factors driving the global Laboratory Information System /LIS market
    • Who are the key manufacturer Laboratory Information System /LIS market space
    • What are the market opportunities, market risk and market overview of the Laboratory Information System /LIS market
    • What are sales, revenue, and price analysis of top manufacturers of Laboratory Information System /LIS market
    • Who are the distributors, traders, and dealers of Laboratory Information System /LIS market
    • What are the Laboratory Information System /LIS market opportunities and threats faced by the vendors in the global Laboratory Information System /LIS industries
    • What are sales, revenue, and price analysis by types and applications of Laboratory Information System /LIS market
    • What are sales, revenue, and price analysis by regions of Laboratory Information System /LIS industries


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    About us:

    Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

    Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

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