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A Laboratory Information System (LIS) is a digitalized software which records, manages, and stores data for clinical laboratories. LIS is basically designed to store accurate data of patient health reports which are used in the diagnosis of any disease. LIS can be easily generated and managed by authorized providers in a digital format. Global laboratory information system market is expected to witness a significant growth rate during the forecast period (2018-2023). Factors motivating the growth of this market include an increase in demand of people for better qualities of healthcare services and the growing adoption of cloud-based LIS across various segments of the healthcare sector. Further, initiatives by government authorities such as the association of public health laboratories (APHL) are significantly contributing to the growth of the laboratory information systems across the globe.
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Orion Market Research GLOBAL LABORATORY INFORMATION SYSTEMS MARKET RESEARCH AND FORECAST 2018-2023
DEFINITION A laboratory information system (LIS) is a digitalized software which records, manages, and stores data for clinical laboratories. LIS is basically designed to store accurate data of patient health reports which are used in the diagnosis of any disease.
MARKET MOTIVATORS • Digital transformation in healthcare offering • Growing adoption of LIS by end users • Supportive government initiatives • Increase in demand for quality and precision diagnosis • Growing adoption of cloud-based LIS • Adoption of electronic health record
MARKET RESTRAINT • High cost and maintenance • Insecurity regarding confidential data • Lack of skilled it professionals
MARKET OPPORTUNITIES • Increasing adoption of point of care services • Improving quality of healthcare facilities • Increasing healthcare spending in emerging nations
MARKET SEGMENTATION BY END USER • Physician laboratories • Hospital laboratories • Research laboratories
MARKET SEGMENTATION BY COMPONENTS • Hardware • Software • Services
MARKET PLAYERS • Allscripts Healthcare Solutions, Inc. • Cerner Corporation • GE Healthcare • Novatek International • PerkinElmer Inc. • Siemens Healthineers To Be Continued……
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