The Middle-East & Africa Information System Market is expected to be a USD 0.19 Billion market in 2022. It is forecasted to be a USD 0.29 Billion market by 2027, with a significant growth rate of 9.3%.
The key drivers promoting the MEA laboratory information system market growth during the forecast period are increasing laboratory automation, technological advancements in LIS, growing need for regulatory compliance, awareness through conferences, seminars, and workshops, and R&D spending. Due to the rising need for developed healthcare monitoring systems, better laboratory effectiveness, and hospital and laboratory ratings for information systems, the laboratory information systems (LIS) industry is booming. With growing awareness of increasing laboratory productivity, different LIS components, such as barcode readers, result detectors, and labels, are integrated and automated. Integration of analytical instruments with LIS software helps reduce the risk of error while also boosting the workflow. In addition, patients and their families must participate in diagnostics to improve patient care and facilitate an accurate and quick diagnosis by incorporating family involvement. This indicates that efforts are being made to enhance diagnostic quality. Improvements made by the relevant committees are likely to contribute to the LIS market's growth in the MEA region.
This nation would benefit from opportunities such as increased awareness of electronic health record systems and their expanding relevance and supporting government initiatives and regulations to drive the Laboratory Information Systems (LIS) market in the region throughout the forecast period. The market's expansion is being fueled by the rising prevalence of chronic illness and technological development. Furthermore, the rising need for integrated information systems in the healthcare industry and an increase in the number of medical operations would boost overall market demand for laboratory information systems throughout the forecast period. In addition, advancements in R&D labs, particularly in pharmaceutical and biotechnological labs, are projected to propel the laboratory information management system market forward.
The expensive cost of laboratory information systems and growing data security and privacy concerns are impeding industry expansion. Furthermore, a scarcity of skilled professionals and the need for specialized laboratories would restrain market expansion throughout the forecast period. The shortage of competent personnel is hurting the laboratory information system industry (LIS). People who are unfamiliar with systems and data integration will be unable to use the LIS software. In addition, end-users of LIS will find it challenging to locate someone who can easily use the program. As a result, implementing LIS at the point of care becomes one of the most difficult tasks for end-users. In the coming year, market development will be hampered by high maintenance and repair costs, the need for specialized laboratory equipment, interface challenges, and a scarcity of experienced personnel.
This research report on the Middle East and Africa LIS Market has been segmented and sub-segmented into the following categories:
By Delivery Mode:
Geographically, the dominance OF MEA is due to regulations that encourage the implementation of laboratory automation, such as EHR initiatives. Furthermore, upgraded infrastructure, expanding demand for genomic studies, and increased government funding are major factors contributing to the region's market growth. Launches will aid in the strengthening of market participants' distribution networks, resulting in a rise in the use of Laboratory Information Systems in emerging economies. Furthermore, as markets in Africa, the Africa bulk of market participants are likely to turn their attention to emerging economies.
KEY MARKET PLAYERS:
A few prominent companies in the MEA 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.
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