Laboratory informatics solutions help to reduce manual efforts, labor cost, cost of error, and throughput time; offer paperless information management and effective data analytics; improve data traceability, accessibility, security and sharing; streamline processes; enhance quality management; abide by the regulatory requirements; and provide better control of all business processes and decision support. Thus, automation of laboratory processes and integration of data provides a robust platform to drive scientific decisions and improve quality and operational efficiency, thereby enabling lab professionals to productively advance research, development and manufacturing.
The North American laboratory informatics market is expected to grow at a CAGR of 6.2% from 2018 to 2024 to reach $1,715.0 million by 2024 from an estimated $1,195.4 million in 2018.
Top 10 companies operating in North American Laboratory Informatics :
Incorporated in 1900 and headquartered in Chicago, Illinois, U.S., Abbott Laboratories’ principal business is discovery, development, manufacture, and sale of a broad and diversified line of health care products. Abbott Laboratories has four reportable segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Cardiovascular and Neuromodulation Products. Abbott Informatics is a subsidiary of Abbott Laboratories which develops and sells web-based laboratory information management systems (LIMS) and other informatics software solutions to manage collection, processing, storage, retrieval and analysis of information generated in laboratories.
The company provides its solutions to various industries including pharmaceutical & biotech, general manufacturing, contract services, molecular testing, biorepositories, clinical research, environmental sciences, food & beverage, chemical, petrochemical & refining, public health, and forensics.
The geographic presence of the company is seen in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Agilent Technologies, Inc.
Founded in 1999 and headquartered in Santa Clara, California, U.S.; Agilent Technologies, Inc. is engaged in providing instruments, consumables, services, solutions, and expertise to life sciences, diagnostics, and applied chemical markets. The company operates through three business segments namely, Life Sciences & Applied Markets, Agilent CrossLab, and Diagnostics and Genomics. The company provides software, laboratory informatics and automation solutions under Life Sciences & Applied Markets business segment.
With its subsidiaries and strong network of distribution, the company has its presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Seahorse Bioscience, Inc., Agilent Technologies Co Ltd, Agilent Technologies Canada Inc., and Agilent Technologies Ireland Ltd are some of the subsidiaries of the company.
Founded in 1947 and headquartered in Waltham, Massachusetts, U.S.; PerkinElmer, Inc. is involved in offering products and services for the diagnostics, food, environmental, industrial, life sciences research, and laboratory services markets. It operates through its two reporting segments namely, Discovery & Analytical Solutions and Diagnostics. Discovery & Analytical Solutions segment offers variety of solutions including reagents, informatics, detection and imaging technologies, and analytical instrumentation that helps scientists to enhance life sciences research and drug discovery processes. The company’s Diagnostics segment is focused on reproductive health, emerging market diagnostics, and applied genomics; and offers instruments, reagents, assay platforms, and software to hospitals, medical labs, clinicians, and medical research professionals.
The company sells its products in more than 150 countries across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa; through their direct sales representatives in 35 countries and through distributors across the globe.
Thermo Fisher Scientific Inc.
Founded in 2006 and headquartered in Waltham, Massachusetts, U.S.; Thermo Fisher Scientific Inc. was formed by the merger of Thermo Electron and Fisher Scientific. Thermo Fisher Scientific Inc. is engaged in providing analytical instruments, reagents & consumables, and software & services for research, manufacturing, analysis, discovery, and diagnosis under the brands Unity Lab Services, Thermo Scientific, Applied Biosystems, Invitrogen, and Fisher Scientific. The company operates through four business segments namely, Life Sciences Solutions, Analytical Instruments, Laboratory Products and Services, and Specialty Services. The company provides industry leading laboratory informatics solutions through its Life Sciences Solutions business segment under Lab Data Management & Analysis Software. The company also offers laboratory informatics solutions through its subsidiary Core Informatics. In March 2017, the company acquired, within the Analytical Instruments segment, Core Informatics, enhancing its existing informatics solutions.
With its many subsidiaries and strong network of distributors, the company has its presence across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Life Technologies Corporation, Dionex Corporation, Affymetrix, Inc. and Fisher Scientific GmbH are some of the subsidiaries of the company.
Dassault Systemes SE
Founded in 1981 and headquartered in Velizy-Villacoublay, France, Dassault Systemes SE is a European software company that develops 3D design, 3D digital mock-up, and product lifecycle management (PLM) software. It is a 3D experience company, which provides end-to-end software, content and services, designed to support companies’ innovation processes.
Dassault Systemes SE has a diverse customer base and the company provides its software solutions to various industries like aerospace & defense, transportation & mobility, marine & offshore, equipment’s and high-Tech, architecture, engineering & construction, consumer goods & retail, consumer packaged goods, life sciences, and energy, process & utilities. Dassault Systèmes BIOVIA Corp., a subsidiary of Dassault Systemes SE provides laboratory informatics solutions. Dassault Systemes SE has its offices in France, Japan, and the U.S. and the geographic presence of the company is seen in America, Europe, and Asia-Pacific.
A report into the projected growth of the current North American Laboratory Informatics Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2024, it’s expected to have grown at a CAGR of 6.2%, reaching over $ 1750.00 million.
LabVantage Solutions, Inc.
Founded in 1981 and headquartered in New Jersey, U.S.; LabVantage Solutions, Inc. provides laboratory informatics solutions and services. It offers a Web-based laboratory information management system (LIMS) which helps users to manage the sample lifecycle, optimize laboratory executions, perform data retrievals, interface instruments and systems, and enable security and auditing aspects.
The company provides its products and services to various industries like pharmaceutical, food & beverage, oil & gas, academic research, chemical & process manufacturing, health & personal care, and materials testing. The geographic presence of the company is seen in North America, Europe, Asia-Pacific, and Middle East & Africa.
Founded in 1958 and headquartered in Milford, Massachusetts, U.S.; Waters Corporation develops innovative analytical science solutions to support customer discoveries, operations, performance, and regulatory compliance. The Company has two operating segments: Waters and TA. The Waters segment of the company designs, manufactures analytical technologies services like ultra-performance liquid chromatography (UPLC), high performance liquid chromatography (HPLC), chromatography columns, mass spectrometry (MS) systems, and precision chemistry consumable products and related services. TA segment of the company primarily consist of thermal analysis, rheometry and calorimetry instrument systems and service sales.
Waters Laboratory Informatics Software provides a powerful suite of solutions for instrument control, scientific data management, scientific search, network integration, and compliance management to streamline analytical laboratory operations. The company offers its informatics solutions to pharmaceutical, environmental, food & beverage, and chemical materials organizations. The geographic presence of the company is seen in the U.S., Europe, Asia-Pacific, and Middle East and Africa.
Founded in 1987 and headquartered in Wilmington, DE, U.S.; LabWare, Inc. is one of the leading players in the laboratory informatics market. LabWare’s Enterprise Laboratory Platform is comprised of LabWare LIMS (Laboratory Information Management System) and LabWare ELN functioning as an integrated single solution. The company provides informatics software, professional implementation services, validation assistance, training and technical support to various industries including Biobanking & Clinical Research, Contract Services, Environmental, Food & Beverage, Forensics, Healthcare, Mining & Metals, Oil & Gas, Pharmaceutical, and Process & Chemical.
The company has good global presence with regional offices located in the U.K., Australia, Brazil, and South Africa and operations in North America, Europe, Middle East, Asia-Pacific, Africa, and Latin America.
Founded in 1996 and headquartered in Quebec, Canada, Novatek International is focused on providing regulatory compliant software solutions to the pharmaceutical, biotech and other health-care industries. The company provides Nova-LIMS, a laboratory management software, quality system management, web-based electronic laboratory notebooks for routine analyses that transform existing paper-based data collection forms into electronic documents.
The company has its regional offices in California, Mexico City, Tennessee, Paris, London, Ravensburg, Bangalore, Seoul, Philippines, Ankara, Singapore, Melbourne, and Gauteng. The geographic presence of the company is seen in North America, Europe, Asia, South America, and South Africa.
Founded in 2006 and headquartered in Frederick, Maryland, U.S.; RURO, Inc. provides laboratory information management, lab software solutions, and RFID solutions. The company offers state of the art laboratory software solutions and services for the research, biotechnological, pharmaceutical, healthcare, and government (homeland security) laboratories. The company’s software solutions and services are comprehensive, modern, and constantly evolving which help in specimen tracking, workflow management, and document management solutions.
The company also offers laboratory software hosting, licensing, deployment, validation, training, and support all in one place, and the partnerships of the company enable seamless access to even more functionality with others. The company has its laboratories present across the U.S. and has a distribution network present in Argentina, Australia, Austria, Brazil, Chile, China, Germany, India, Italy, Japan, Korea, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Russia, Spain, Switzerland, and U.A.E.
Popular Mentions: Arxspan, LLC, Autoscribe Informatics, LabLynx, Inc., Promium, LLC, Sapio Sciences LLC, and GenoLogics
Authoritative Research on the North American Laboratory Informatics Market – Global Opportunity Analysis and Industry Forecast (2018-2024)
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