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Middle East & Africa Laboratory Information Management Systems (LIMS) market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing with a CAGR of 7.6% in the forecast period of 2022 to 2029 and is expected to reach USD 100,311.52 thousand by 2029. Increase in the requirement of quick-decision making process in biotechnology is expected to drive the growth of the market significantly.
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Market Overview
A laboratory information management systems (LIMS) software helps in the effective management of samples and data associated with it. With the help of LIMS, a lab can integrate instruments, manage samples, and automate the workflows. LIMS software is also being used in modern genomics. The unprecedented amount of data that is generated from modern genomics is easily managed with the help of the LIMS software. Owing to the increased efforts of clinicians and researchers for the betterment of lab operations and the increasing number of samples in the labs, the demand for LIMS software is increasing, which is further contributing to the growth of the market to an extent.
Some of the major players operating in the global laboratory information management systems (LIMS) market are Thermo Fisher Scientific Inc., PerkinElmer Inc., Shimadzu Corporation, Novatek International, Inc., LabWare, STARLIMS Corporation, IBM Corporation, Roper Technologies, Inc, Infors AG, Siemens, Zoho Corporation Pvt. Ltd., LabVantage Solutions Inc. among others.
Laboratory Information Management Systems (LIMS) Market Scope and Market Size
Middle East & Africa laboratory information management systems (LIMS) market is segmented into five notable segments, which are based on component, product type, delivery, industry type, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the Middle East & Africa laboratory information management systems (LIMS) market is segmented into services and software. Software segment is further segmented into sample management software, workflow management software, reporting software, EMR/EHR software, and other software. In 2022, services segment is expected to dominate the market due to increased demand for LIMS software training, implementation, upgradation and maintenance services.
- On the basis of product type, the Middle East & Africa global laboratory information management systems (LIMS) market is segmented into industry specific and board based. In 2022, board based segment is expected to dominate the market due to consumer’s demand for LIMS used for various industries like pharmaceutical, chemical, food and beverages among others.
- On the basis of delivery, the Middle East & Africa laboratory information management systems (LIMS) market is segmented into on premise, cloud based, and remotely hosted. In 2022, cloud based segment is expected to dominate the market owing to advantages like reduced installation/maintenance cost, improved security, remote working capabilities.
- On the basis of industry type, the Middle East & Africa laboratory information management systems (LIMS) market is segmented into life science industry, chemical/energy, food and beverage and agriculture industries, diagnostics/medical device, contract research organizations/contract manufacturing organizations (CRO/CMO), others. In 2022, life science industry segment is expected to dominate the market due to rising adoption of LIMS in pharmaceutical laboratories for higher productivity, cost efficiency and data protection.
- On the basis of distribution channel, the Middle East & Africa global laboratory information management systems (LIMS) market is segmented into direct tenders and retail sales. In 2022, direct tenders segment is expected to dominate the market as consumers prefer this channel when it comes to industry specific software or IT services due to higher customization requirements.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Middle East and Africa Laboratory Information Management Systems (LIMS) Market Landscape
Part 04: Middle East and Africa Laboratory Information Management Systems (LIMS) Market Sizing
Part 05: Middle East and Africa Laboratory Information Management Systems (LIMS) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-laboratory-information-management-systems-market
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