The size of the Europe Laboratory Information System Market is estimated to be USD 0.39 Billion in 2020. It is expected to reach USD 0.59 Billion by 2025, growing at a CAGR of 8.6% from 2020 to 2025.
Key market participants' presence in this region, coupled with the technological advancements that are coming in the field of LIS, are hiking the growth of Europe's market. The growing insistence for the robust IT systems in diagnostic and medical labs is expected to provide growth opportunities for the market during the forecast period.
Growing European governments' support, increasing requirement for the faultless quality diagnosis, rising healthcare expenditure expenses, and desire for the high standards in the clinical laboratories are further contributing to the growth of the European LIS Market.
High costs associated with the installation and maintenance of LIS solutions are significantly hampering market growth. Furthermore, the shortage of IT professionals' lack of sticking and gluing to the standards is estimated to restrict the market growth to a small extent.
This research report on the Europe Laboratory Information System Market has been segmented and sub-segmented into the following categories:
Regional Analysis:
The European region was the second-largest LIS market in the global market in 2019 and is predicted to continue growing at a promising growth rate during the forecast period.
The German LIS market dominated the European market in 2020. It accounted for a market share of 26.4% in 2019 due to the rising significance for quality medical care and diagnosis and enhanced lab efficacy, and united healthcare information.
France is next to Germany in leading the LIS market in Europe. Y-O-Y growth in the occurrence rate of chronic diseases and many hospitals emphasizing for LIS is favoring the market in France.
Key market participants in the European Laboratory Information System Market profiled in this report are McKesson, Cerner Corporation, Epic System Corporation, SCC Software Computers, Medical information technology, Labware, Sunquest Information systems, Compugroup Medical, and Evident.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Component
5.1.1 LIS Services
5.1.2 LIS Software
5.1.3 LIS Hardware
5.2 By End-User
5.2.1 Hospitals
5.2.2 Independent Laboratories
5.2.3 Clinical Laboratories
5.2.4 Others
5.3 By Delivery Mode
5.3.1 Cloud Based
5.3.2 On-Premises
6. Geographical Analysis
6.1 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 McKesson
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Cerner Corporation
8.3 Epic System Corporation
8.4 Medical information technology
8.5 SCC Soft computer
8.6 Sunquest Information systems
8.7 Labware
8.8 Compugroup Medical
8.9 Evident
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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