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Data Bridge Market Research analyzes that the global laboratory information systems (LIS) market, which was USD 2.18 billion in 2023, is expected to reach USD 4.19 billion by 2031, at a CAGR of 8.50% during the forecast period 2024 to 2031.
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Market Growth Drivers:
- Growing Demand for Laboratory Automation
The laboratory information system (LIS) market is experiencing growth due to the increasing demand for lab automation and advancements in R&D labs, particularly in pharmaceutical and biotechnological labs. Moreover, the high precision and efficiency outcomes of laboratory informatics products are also contributing to the market's expansion.
- Growing Technological Advancements
The laboratory informatics market has seen a surge in growth due to technological advancements that have allowed healthcare providers and scientists to prepare samples and perform diagnoses with greater precision, accuracy, and a reduced risk of errors.
Notably, the report emphasizes the engagement of essential entities, including:
Thermo Fisher Scientific Inc. (U.S.), PerkinElmer Inc. (U.S.), Autoscribe Informatics (U.S.), Novatek International (Russia), Benchling (U.S.), Agaram Technologies Pvt Ltd (India), Agilent Technologies, Inc. (U.S.), LabWare (U.S.), STARLIMS Corporation (U.S.), IBM Corporation (U.S.), Roper Technologies, Inc (U.S.), Eusoft Ltd. (China), Illumina, Inc. (U.S.), McKesson Corporation (U.S.), Infors AG (U.S.), Siemens (Germany), Zoho Corporation Pvt. Ltd. (India), LabVantage Solutions Inc (U.S.), Shimadzu Corporation (Japan)
Key highlights of the report:
- Comprehensive analysis of the global CBD Patch market, detailing present and future trends to identify promising investment opportunities.
- Exploration of evolving market dynamics within the industry.
- Examination of strategies adopted by major players and their product portfolios.
- Detailed breakdown of market segments for a profound understanding.
- Review of the latest industry trends and advancements.
- Forecasting the trajectory of the CBD Patch market through detailed segmentation analysis
Key Market Segmentation
By Product (Standalone, Integrated), Type (Clinical, Anatomical), Components (Services, Software), Delivery Mode (Cloud-Based, On-Premises), End Use (Hospitals, Clinics, Anatomical Pathology Laboratories, Blood Banks, Molecular Diagnostic Laboratories, Others)
Intended Audience:
- Companies within the CBD Patch industry
- Investors and analysts keen on the CBD Patch market
- Individuals seeking insights into the dynamics of the CBD Patch market
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