The Laboratory Information Management Systems (LIMS) market in North America is expected to grow from US$ 648.09 million in 2021 to US$ 1,400.64 million by 2028; it is estimated to grow at a CAGR of 11.6% from 2021 to 2028.
Informatics platforms save time and money as they help to avoid rework if error occurred, and other technical glitches persists. The LIMS solutions ensure that samples are only sent or assigned to instruments that are regularly monitored as well as accurately calibrated and maintained as per schedule. Due to technological developments and far exceeding complexities in laboratory process, the scope of LIMS has gone beyond data, process, and product management. Moreover, mobility is one of the driving forces of the new technological era, wherein the remote management of laboratories are likely to be indispensable. Cloud-based LIMS are also been considered to meet the problem of limited geographic coverage associated with the traditional Laboratory Information Management Systems (LIMS) systems.
North America Laboratory Information Management Systems (LIMS) Market Segmentation
North America Laboratory Information Management Systems (LIMS) Market – By Type
- Standalone
- Integrated
North America Laboratory Information Management Systems (LIMS) Market – By Deployment
- Web-Based Delivery Mode
- Cloud-Based Delivery Mode
- On-Premise Delivery Mode
North America Laboratory Information Management Systems (LIMS) Market – By Component
- S/W
- Serv
North America Laboratory Information Management Systems (LIMS) Market – By Application
- Sample Management
- Workflow Automation
- Records Management
- Decision Making
- Enterprise Resource Planning
- Logistics Management
North America Laboratory Information Management Systems (LIMS) Market – By End-User
- Pharmaceutical Companies
- Contract Research Organisations
- Hospitals & Clinics
- Others
North America Laboratory Information Management Systems (LIMS) Market – By Country
- US
- Canada
- Mexico
North America Laboratory Information Management Systems (LIMS) Market – Companies Mentioned
- THERMO FISHER SCIENTIFIC INC.
- Abbott
- Illumina, Inc.
- LabLynx, Inc.
- LabVantage Solutions, Inc.
- Accelerated Technology Laboratories, Inc.
- LabWare
- Autoscribe Informatics
- LABWORKS
- LabSoft LIMS by Computing Solutions, Inc.
Laboratory Information Management Systems (LIMS) are revolutionizing data management within organizations by eliminating the need for heavy capital investments in infrastructure while ensuring fast and secure data transfer. To maintain their competitive edge, key players in the LIMS market are continuously introducing innovative solutions.
For instance, in February 2019, LabVantage Solutions launched LabVantage 8.4, an upgraded version of its LIMS, designed to enhance laboratory efficiency and workflow management. The latest features enable laboratories to optimize work planning, manage resource availability, and ensure data privacy. Similarly, in March 2021, Autoscribe Informatics released an updated version of its Regulated Manufacturing LIMS, built on the Matrix Gemini LIMS platform. This solution is particularly beneficial for manufacturing industries, including highly regulated sectors such as pharmaceuticals and medical devices.
Furthermore, companies are enhancing their automation platforms to meet the growing demands of researchers and laboratory personnel. In July 2021, LabVantage Solutions, Inc. introduced LabVantage LIMS 8.7, a new edition featuring an advanced data security management system and a self-service portal for external customers. This upgrade enables laboratories to achieve faster implementation at a lower total cost. These continuous advancements and innovations are driving the growth of the LIMS market.
Impact of COVID-19 on the LIMS Market in North America
The outbreak of COVID-19 led to a surge in clinical diagnostics and therapeutic demands across North America, placing immense pressure on the medical industry. With an increasing infection rate among healthcare workers and patients, hospitals and laboratories sought automated solutions to manage rising workloads effectively.
The growing need for centralized laboratory information and data reporting systems created an opportunity for the widespread adoption of LIMS, facilitating the large-scale processing of clinical examinations and research for new therapeutics. The demand for rapid and accurate COVID-19 diagnostics further accelerated the implementation of LIMS across the region.
For example, in March 2020, US-based CloudLIMS introduced COVID-19 LIMS, a solution tailored for COVID-19 research, testing laboratories, and biobanks. CloudLIMS has supported numerous laboratories in the US by streamlining COVID-19 research and diagnostics. The system comes preconfigured with COVID-19-specific tests, including RT-PCR, serological tests for IgG/IgM antibodies, Enzyme-linked Immunosorbent Assay (ELISA), neutralization tests, and Rapid Diagnostic Tests (RDT).
These developments highlight the critical role of LIMS in managing large-scale diagnostic processes and improving laboratory efficiency, further fueling the market’s growth in North America.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
