Europe Laboratory Information System Market is estimated to be $0.39 Billion market in 2018 and is expected to reach $0.59 Billion market by 2023 with a growth rate of 8.6%. Laboratory Information Systems is the most technically advanced system for information management. It analyses the research labs, drug discovery labs, clinical diagnostics and next generation labs in the potential global markets for healthcare and provides information for laboratory systems software and hardware.
A Laboratory Information System involves complex system designed for managing the information and data relating to medical laboratories that includes clinical laboratories and analytical laboratories. The information is stored in the cloud of the LIS database for any future use. This information is helpful regarding the prevention management, diagnosis and treatment diseases. The non-value added steps can be minimised with the automation in laboratories, and the processes like sorting tube, centrifugation and prepping and sorting material for storage can be made more productive.
The driving forces for the growth of the market include rising infectious chronic diseases, demand for error less quality diagnosis, rising per capita spending on healthcare, need for higher efficiencies in clinical laboratories and technological advancements in healthcare IT. However, the growth is restrained by the following issues that include high costs associated with the laboratory information systems and lack of skilled labour in healthcare IT.
The Europe laboratory information system market is divided based on the components, end-users and delivery modes. Based on the components, the market is analysed as LIS Software, Hardware and services. Based on the end-users the market is categorised as clinical laboratories, independent laboratories, hospitals and others. On the basis of geography of Europe, the market is segmented region wise as United Kingdom, Germany, France, Italy and Spain.
The market is attracting many industry players in the sector of healthcare IT and laboratory services. The major companies in the laboratory information system market includes Epic System Corporation, McKesson, Cerner Corporation, Medical information technology, Sunquest Information system, SCC Soft Computer, Labware, Evident and Compugroup Medical.
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
