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Pulished Date August, 2019
ID: 361
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North America Laboratory Information System Market Research Report – Segmented By Component, By End-users, By Delivery Mode & By Country (US, Canada and Rest of North America) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2019-2024)

Pulished: August, 2019
ID: 361
Pages: 132

North America Laboratory Information System Market Size & Growth (2019 - 2024)

The size of the Laboratory Information System Market in North America is presently a $0.56 Billion market in 2019 and is expected to reach USD 0.56 Billion by 2024 with a significant CAGR of 8.4%.

Since its invention, the laboratory information system is considered to be the most technically advanced information system in management. It analyses the potential markets for healthcare laboratory information system software and hardware around the globe in the research labs, clinical diagnostics labs, drug discovery and next-generation sequencing labs.

A laboratory information system is designed for information and data management that are often complex and are related to the medical laboratories which include clinical and analytical laboratories. The data or the information collected are stored in the database for future references. The laboratory information system is helpful in the treatment, diagnosis and prevention management of the disease. With the introduction of information systems in laboratories, they can be made more automated increasing productivity by reducing the non-value adding processes that include sorting tubes, centrifugation, prepping and sorting material for storage.

The factors like rising demand for quality diagnosis with minimum errors need for improving the efficiency of the laboratories and rising integration of laboratories with information systems are enhancing the growth of the market. The market is also driven by factors that include rising chronic diseases, increasing per capita expenditure on healthcare and technological advancements in healthcare IT.

However, the market has overcome a few restraints in order to sustain which includes high cost involving the information systems and shortage of skilled healthcare IT professionals.

This research report segmented and sub-segmented into the following categories:

  • By Component: LIS Services, LIS Hardware, And LIS Software
  • By End-users: Hospitals, Independent Laboratories, Clinics, And Others
  • By Delivery Mode: Cloud-Based And On-premises
  • By Country: US, Canada and Rest of North America

Companies playing a dominant role in the North America 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 United States                                            

                6.3 Canada                                         

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                                 


                a) List of Tables                                

                b) List of Figures                                              


  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Laboratory Information System Market By Region, From 2019-2024 (USD billion)
  2. North America Laboratory Information System Market By Component, From 2019-2024 (USD billion)
  3. North America LIS Services Market By Region, From 2019-2024 (USD billion)
  4. North America LIS Software Market By Region, From 2019-2024 (USD billion)
  5. North America LIS Hardware Market By Region, From 2019-2024 (USD billion)
  6. North America Market By Region, From 2019-2024 (USD billion)
  7. North America Market By Region, From 2019-2024 (USD billion)
  8. North America Laboratory Information System Market By End-User, From 2019-2024 (USD billion)
  9. North America Hospitals Market By Region, From 2019-2024 (USD billion)
  10. North America Independent Laboratories Market By Region, From 2019-2024 (USD billion)
  11. North America Clinical Laboratories Market By Region, From 2019-2024 (USD billion)
  12. North America Other end-users Market By Region, From 2019-2024 (USD billion)
  13. North America Laboratory Information System Market By Delivery Mode, From 2019-2024 (USD billion)
  14. North America Cloud Based Market By Region, From 2019-2024 (USD billion)
  15. North America On-Premises Market By Region, From 2019-2024 (USD billion)
  16. United States Laboratory Information System Market By Component, From 2019-2024 (USD billion)
  17. United States Laboratory Information System Market By End-User, From 2019-2024 (USD billion)
  18. United States Laboratory Information System Market By Delivery Mode, From 2019-2024 (USD billion)
  19. Canada Laboratory Information System Market By Component, From 2019-2024 (USD billion)
  20. Canada Laboratory Information System Market By End-User, From 2019-2024 (USD billion)
  21. Canada Laboratory Information System Market By Delivery Mode, From 2019-2024 (USD billion)

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