Laboratory Informatics Market Size is Estimated to Grow at a CAGR of 7 4% by 2026 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
The global Laboratory Information Management System (LIMS) Market size is projected to reach USD 1413.4 Million by 2026, from USD 836.1 Million in 2019, at a CAGR of 7.7% during 2021-2026.
Major factors driving the growth of library management system market size are, technological advancements in LIMS offerings, increasing R&D expenditure in pharmaceutical and biotechnology companies, and the growing adoption of cloud-based LIMS. Furthermore, the incorporation of LIMS helps labs achieve at least 80 percent paperless operations.
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LIMS MARKET SIZE ANALYSIS
The rising prevalence of chronic diseases is expected to drive the growth of the Laboratory Information Management System Market size. The rising prevalence and concern for chronic diseases necessitate the need for advanced diagnostic and laboratory services. The Government is introducing numerous programs for patients with chronic illnesses, such a
Lab Automation Software Market Size, Share reveals significant growth through 2022 marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.