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The Laboratory Information Management System (LIMS) Market Will Grow at A CAGR of 7.4% during the Forecast Period to Reach $ 1.75 Billion by 2030, Says “Meticulous Research®.” Laboratory information management system (LIMS) is software designed to support laboratory operations by improving laboratory productivity and efficiency and keeping track of data associated with experiments, samples, instruments, and laboratory workflows. In addition to managing laboratory samples and associated data, Laboratory Information Management System (LIMS) Market standardizes workflows and reduces human error.
The growth of this market is mainly attributed to the increasing R&D activities in the life sciences industry, growing automation in laboratories, technological advancements in laboratory informatics solutions, and stringent regulatory requirements. Moreover, emerging economies and cloud-based LIMS offer significant opportunities for market growth.
Here are the top 10 companies operating in the Laboratory Information Management System (LIMS) Market
Thermo Fisher Scientific Inc. (U.S.)
Founded in 1956 and headquartered in Massachusetts, U.S., Thermo Fisher Scientific Inc. is a healthcare company that provides medical equipment, analytical instruments, reagents and consumables, and software and services for research, diagnostic, and clinical purposes. Thermo Fisher operates in four major segments: Analytical Instruments, Life Sciences Solutions, Specialty Diagnostics, and Laboratory Products & Biopharma Services. The Analytical Instruments segment provides instruments, consumables, software, and services used for various applications in the laboratory, on the production line and in the field, including LIMS software.
The company has a direct presence through its regional offices and production sites in various countries, including the U.S., Mexico, Brazil, Germany, Belgium, Austria, the U.K., Italy, the Netherlands, South Africa, UAE, India, China, Japan, Australia, and the Republic of Korea.
LabWare, Inc. (U.S.)
Founded in 1987 and headquartered in Delaware, U.S., LabWare, Inc. provides enterprise-scale laboratory automation solutions. LabWare’s Enterprise Laboratory Platform comprises LabWare LIMS (Laboratory Information Management System) and LabWare ELN, functioning as a single integrated solution. The company provides informatics software, professional implementation services, validation assistance, and training and technical support to various industries, including biobanking & clinical research, contract services, environmental, food & beverage, forensics, healthcare, metals & mining, oil & gas, pharmaceutical, and process & chemical.
The company tests more than 1 billion samples per year through more than 29,000 laboratories. The regional offices of LabWare are located in the U.K., Australia, Brazil, and South Africa, and its operations units are based in North America, Europe, the Middle East, Asia-Pacific, Africa, and Latin America.
LabVantage Solutions Inc. (U.S.)
Founded in 1981 and headquartered in New Jersey, U.S., LabVantage Solutions Inc. provides laboratory informatics solutions and services. The company offers a web-based laboratory information management system (LIMS) that help users manage sample lifecycle, optimize laboratory executions, perform data retrievals, interface instruments and systems, and enable security and auditing aspects.
LabVantage offers its products and services for various applications, such as COVID-19, biobanking, cancer research, contract testing, diagnostics, food & beverage, forensic investigations, oil & gas, pharma biotech, public health laboratories, and medical laboratories. The company has a geographic presence in the U.S., Colombia, the U.K., the Netherlands, France & French Speaking Regions of Belgium and Switzerland, Italy, Spain, Finland, Sweden, Denmark, Norway & The Baltic States, Germany, Poland, Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, Saudi Arabia, among others.
STARLIMS Corporation (U.S.)
Founded in 1986 and headquartered in Florida, U.S., STARLIMS Corporation provides data management software solutions. Abbott Laboratories acquired STARLIMS in 2009. In July 2021, Abbott Laboratories sold STARLIMS to Francisco Partners. The company provides Laboratory Information Management System (LIMS), Scientific Data Management System (SDMS), Electronic Laboratory Notebook (ELN), Laboratory Execution System (LES), advanced analytics, and STARLIMS mobile solution.
The company has regional offices in the U.S., Canada, Mexico, China, India, Korea, Indonesia, Israel, Malaysia, Singapore, Australia, New Zealand, Brazil, France, Germany, Russia, Spain, Sweden, Switzerland, the U.K., the Middle East, among others.
Founded in 2013 and headquartered in Delaware, U.S., CloudLIMS.com is an ISO 9001:2015 certified informatics company. The company offers data security, complimentary technical support, instrument integration, hosting and data backups through their SaaS, in the cloud Laboratory Information Management System (LIMS), CloudLIMS. CloudLIMS offers LIMS for biobanking, cannabis, COVID-19, and clinical research and testing.
The company helps biorepositories, analytical, diagnostic testing, and research laboratories automate their workflow and manage data. It also helps to follow regulatory compliance such as ISO 20387:2018, ISO/IEC 17025:2017, GLP, 21 CFR Part 11, CLIA, ISO 15189:2012, HIPAA, and ISBER Best Practices. The company has a geographic presence across 100 countries on 6 continents.
Meticulous Research in its latest publication on Laboratory Information Management System (LIMS) Market has predicted the growth of 7.4% during the forecast year 2023-2030.
Labii Inc. (U.S.)
Founded in 2014 and headquartered in California, U.S., Labii Inc. is a software company that develops and distributes laboratory informatics solutions, such as Electronic Lab Notebook (ELN) and Laboratory Information Management System (LIMS). The primary end users of the company are biotech companies and academic laboratories. The company also offers Labii Inventory Management solutions to manage inventories, including samples, reagents, equipment, vendors, and storage. Labii task management, under project management, provides a centralized platform for organizing and tracking tasks, and the Diabetes tracker application helps to track blood sugar levels.
The company offers services to more than 300 businesses worldwide, including the mining, farming, and chemical industries. Labii Inc. incubators include MBC BioLabs (U.S.), QB3 (U.S.), and Hanhai Biolabs (U.S.).
Founded in 1981 and headquartered in Berkshire, U.K., Autoscribe Informatics is a software provider involving database management applications. The company provides Laboratory Information Management Systems (LIMS) and Quality Management Systems. The company provides solutions and services for biobanking, materials & mining, petrochemicals, contract labs, medical & healthcare, pharmaceuticals, environmental & water, food & beverage, manufacturing, medical devices, nuclear & radiochemical, pathology, radiopharmacy, veterinary, and other industries.
The company provides different LIMS solutions under Matrix Gemini, Matrix Express, Matrix Covid LIMS, and Matrix Stability. Autoscribe Informatics is ISO 9001:2015 certified. The company has offices in the U.K., the U.S., and Australia, with distributors present worldwide.
Accelerated Technology Laboratories, Inc. (U.S.)
Founded in 1994 and headquartered in North Carolina, U.S., Accelerated Technology Laboratories, Inc. (ATL) is a software solutions company that provides consulting services, technical support and hands-on training to companies and laboratories. The company provides its products to various industries, such as agriculture, food & beverage, water & wastewater, analytical, environmental, chemical, government, public health, manufacturing (product/material testing), cannabis, and biotechnology.
The company is ISO 9001:2015 certified for the design, development, training, servicing, and support of Laboratory Information Management Systems (LIMS).
Novatek International (Canada)
Founded in 1996 and headquartered in Quebec, Canada, Novatek International is focused on providing regulatory compliance software solutions to the pharmaceutical, biotech and other healthcare industries. The company offers a contamination control suite, quality management suite, quality execution LIMS, disease control & hygiene monitoring software, NOVA-INNOVATE (Innovation management software), and additional solutions that includes consumable inventory management software, column organizer management software, clinical assay management software, and others. The provides Nova-LIMS – Laboratory Information Management System through quality execution LIMS product suite.
The company has a geographic presence in California, Mexico City, Tennessee, Paris, London, Ravensburg, Bangalore, Philippines, Melbourne, Gauteng, and others. The company has a geographic presence in North America, South America, Asia, Europe, Australia, and South Africa.
Agilent Technologies, Inc. (U.S.)
Founded in 1999 and headquartered in California, U.S., Agilent Technologies, Inc. provides application-focused solutions to the life sciences, diagnostics, and applied chemical markets. The company operates through three business segments: Life sciences and applied markets, Diagnostics and genomics, and Agilent CrossLab. The company provides software & informatics, and automation solutions under its Life Sciences & Applied Markets business segment. The Life sciences and applied markets segment cater to pharmaceutical, biopharmaceutical, CROs & CMOs, academic institutes and government bodies, the chemical & energy industry, environmental and forensics departments, and the food industry. The company offers LIMS through the Life sciences and applied markets segment.
The company has a geographic presence across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa in countries such as Australia, China, Japan, Denmark, Germany, Italy, Japan, Malaysia, and Singapore through its subsidiaries and a strong distribution network.
Authoritative Research on the Laboratory Information Management System (LIMS) Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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