Asia-Pacific Laboratory Informatics Market Share, Size and Future Projections 2024-2030FY

Markntel Advisors’ report, Asia-Pacific Laboratory Informatics Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Asia-Pacific Laboratory Informatics presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Asia-Pacific Laboratory Informatics Market Research Report & Market Summary:

The Asia-Pacific Laboratory Informatics Market is estimated to grow at a CAGR of around 9.1% during the forecast period, i.e., 2024-30. The market has been driven by the increasing number of clinical trials, the need for further cost containment of clinical trials, and the increasing number of pharmaceutical and biotech companies across the region. The governments in the Asia-Pacific region have been standardizing their clinical studies, thereby easing the process for approval. As a result, the number of clinical trial research studies in the region has increased in recent years.

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Asia-Pacific Laboratory Informatics Market Dynamics:

Key Driver-

Rising Prevalence of Diseases Compelling the Adoption of Laboratory Informatics – In recent years, there has been a surge in diseases like cancer, diabetes, etc., across the region due to genetic factors & inclination towards unhealthy lifestyles. For instance:

As per the World Health Organisation (WHO), in Asia, about 9.83 million new cancer cases were reported in 2022 and this number is expected to reach up to 16.2 million by 2045.

These diseases require immediate diagnosis & treatment, therefore, healthcare facilities, like hospitals and nursing homes are compelling their in-built laboratories to opt for advanced informatics technologies. These advanced technologies help the healthcare practitioners to easily diagnose the health problem. As a result, health practitioners provide tailored treatment to patients based on their body vitals. Hence, with the rising incidences of high-risk diseases, the requirement for accurate diagnostics, research, & healthcare management is also amplifying in Asia-Pacific nations.

Moreover, the patients are demanding accurate diagnostics. As a result, healthcare facilities are seeking advanced informatics solutions to efficiently manage data & streamline processes to provide quality results & enhance the diagnostic process. This surging demand for laboratory informatics, mainly propelled by the need for research, and healthcare management is enlarging the market size. Hence, the market is witnessing significant expansion as laboratories are adopting modern informatics technologies to meet evolving healthcare challenges in the Asia-Pacific region.

Asia-Pacific Laboratory Informatics Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Product Type

Electronic Lab Notebooks (ELNs)- Market Size & Forecast 2019-2030F, (USD Million)
Laboratory Information Management Systems (LIMS)- Market Size & Forecast 2019-2030F, (USD Million)
Chromatography Data Systems (CDS)- Market Size & Forecast 2019-2030F, (USD Million)
Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)- Market Size & Forecast 2019-2030F, (USD Million)
Enterprise Content Management Systems (ECM)- Market Size & Forecast 2019-2030F, (USD Million)
Others (Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES), etc.)- Market Size & Forecast 2019-2030F, (USD Million)

Based on the product type, Laboratory Information Management Systems (LIMS) held a prominent share in the Asia-Pacific Laboratory Informatics market.

By Components

Service- Market Size & Forecast 2019-2030F, (USD Million)
Software- Market Size & Forecast 2019-2030F, (USD Million)

By Industry

Life Sciences Industry- Market Size & Forecast 2019-2030F, (USD Million)
- Pharma & Biotechnology- Market Size & Forecast 2019-2030F, (USD Million)
- Biobanks & Bio Repositories- Market Size & Forecast 2019-2030F, (USD Million)
- Molecular Diagnostics & Clinical Research Labs- Market Size & Forecast 2019-2030F, (USD Million)
- Others (Contract Service Organisation, Academic Research Institutes, etc.)- Market Size & Forecast 2019-2030F, (USD Million)
Chemical Industry- Market Size & Forecast 2019-2030F, (USD Million)
Food & Beverage- Market Size & Forecast 2019-2030F, (USD Million)
Agriculture - Market Size & Forecast 2019-2030F, (USD Million)
Others (Petrochemical Refinery, Oil & Gas Industry, Environment Testing Laboratories, etc.) - Market Size & Forecast 2019-2030F, (USD Million)

Among them, the Life Sciences Industry holds a notable market share in the Asia-Pacific Laboratory Informatics market. This industrial sector includes Pharma & Biotechnology companies, Molecular Diagnostics & Clinical Research Labs, etc.

By Deployment Model

Remote Hosting- Market Size & Forecast 2019-2030F, (USD Million)
On-Premise Model- Market Size & Forecast 2019-2030F, (USD Million)
Cloud-based Model- Market Size & Forecast 2019-2030F, (USD Million)

By Country

China
India
Japan
South Korea
Australia
New Zealand
Rest of Asia-Pacific.

Geographically, India held a notable market share in the Asia-Pacific Laboratory Informatics Market. The nations have a higher number of geriatric population compared to the nations like Japan, South Korea, and others.

As indicated in the latest market research report published by Markntel Advisors, “Asia-Pacific Laboratory Informatics Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Asia-Pacific Laboratory Informatics industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/asia-pacific-laboratory-informatics-market.html

Top Companies Operating in the Asia-Pacific Laboratory Informatics Market:

Thermo Fisher Scientific Inc.
LabVantage Solutions Inc.
Agilent Technologies Inc.
Dassault Systèmes
STARLIMS Corporation
Autoscribe Informatics Inc.
Lablynx Inc.
Abbott Laboratories
Waters Corporation
Agaram Technologies Pvt Ltd.
LabWare

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Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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