Global Laboratory Information Management Systems (LIMS) Market Overview
As per MRFR analysis, the Laboratory Information Management Systems Market Size was estimated at 2.79 (USD Billion) in 2024. The Laboratory Information Management Systems Market Industry is expected to grow from 2.99 (USD Billion) in 2025 to 5.59 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 7.20% during the forecast period (2025 - 2034). The increasing R&D activities in the life sciences industry, the growing use of automation in laboratories, technological advancements in laboratory informatics solutions, and the rising need to comply with regulatory frameworks are expected to be significant market drivers for the Laboratory Information Management Systems (LIMS) Market.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Laboratory Information Management Systems (LIMS) Market Trends
Rising adoption of laboratory automation and increasing R&D activities in the life sciences industry are driving market growth
Market CAGR for Laboratory Information Management Systems (LIMS) is driven by the rising adoption of laboratory automation and increasing R&D activities in the life sciences industry. The laboratory aims to provide precise testing information in adherence to industry standards. The volume of data generated from quality control, research and development, and production has increased due to advancements in technology, evolving regulations, and business requirements. LIMS tools simplify the management of samples, instrument operations, and report generation. Additionally, the latest ISO 22000 guideline, introduced in June 2018, emphasizes the need for the food industry to monitor critical control points (HACCP) and conduct hazard analysis throughout the entire product manufacturing process, from acquiring raw materials to packaging. Seven FDA rules govern the implementation of the Food Safety Modernization Act (FSMA), highlighting collaboration along the food supply chain to ensure food safety. LIMS systems play a crucial role in tracking and analyzing samples to reduce contamination risks.
In the pharmaceutical sector, there is a continual emphasis on research and development (R&D), which serves as the core of drug development processes. The biotechnology industry is also experiencing significant growth due to increased R&D investments aimed at meeting the rising demand for innovation and new medical breakthroughs. The significance of R&D is evident in the growing number of drug approvals. For example, in 2020, the FDA’s Center for Drug Evaluation and Research (CDER) approved 53 novel drugs, marking an increase from the 48 novel drugs approved in 2019. Anticipated high R&D investments in the life sciences sector are expected to drive the adoption of LIMS in the years to come. As a result, it is anticipated that throughout the projection period, demand for the Laboratory Information Management Systems (LIMS) Market will increase due to the Rising Adoption of Laboratory Automation and Increasing R&D Activities in the Life Sciences Industry. Thus, driving the Laboratory Information Management Systems (LIMS) Market revenue.
Laboratory Information Management Systems (LIMS) Market Segment Insights
Laboratory Information Management Systems (LIMS) Market Components Insights
The Laboratory Information Management Systems (LIMS) Market segmentation, based on Components includes Services and software. The software segment dominated the market, accounting for 58% of market revenue (1.4 Billion). The growth of the software segment is anticipated, driven by the progression of software systems from Software as a Service (SaaS) to more sophisticated Platforms as a Service (PaaS), Container as a Service (CaaS), and community networks. Numerous market participants are consistently implementing diverse strategies to boost market expansion. As an illustration, LabVantage Solutions introduced a novel analytics solution, a certified Software as a Service (SaaS) offering, and an updated version of its Laboratory Information Management System (LIMS) Platform in May 2021.
Figure 1: Laboratory Information Management Systems (LIMS) Market, by Components, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Laboratory Information Management Systems (LIMS) Market Product Type Insights
The Laboratory Information Management Systems (LIMS) Market segmentation, based on Product Type includes Broad-Based and industry-specific. The Broad-Based segment dominated the market, accounting for 58% of market revenue. Ongoing advancements in LIMS technology, incorporating the incorporation of artificial intelligence, cloud computing, and advanced analytics, play a pivotal role in its widespread adoption. These technological innovations enhance the versatility and applicability of LIMS solutions across various sectors, thereby fostering widespread and inclusive growth.
Laboratory Information Management Systems (LIMS) Market Delivery Insights
The Laboratory Information Management Systems (LIMS) Market segmentation, based on Delivery includes On-Premise, Cloud-Based, Remotely-Hosted. The Cloud-Based segment dominated the market, accounting for 60% of market revenue. Cloud computing is experiencing increased popularity among mid-sized and small enterprises, providing them with the ability to access application software through an enhanced internet connection without the need for substantial investments in computing software or hardware. An illustrative example is CrelioHealth, a cloud-based diagnostic solution enabling labs to efficiently manage radiological centers (RIS & PACS), pathological labs (LIMS), and inventory within a unified platform. This solution facilitates streamlined operations through customizable report formats, digital billing, institutional procedures, and payments, digital report delivery, and automated communications to patients, referrals, and business partners via diverse channels, including SMS, email, WhatsApp, or a mobile app.
Laboratory Information Management Systems (LIMS) Market Industry Type Insights
The Laboratory Information Management Systems (LIMS) Market segmentation, based on Industry Type includes the Life Sciences Industry, Chemical/Energy, Food and Beverage, Agriculture Industries, Diagnostics/Medical Device, Clinical Research Organization/Contract Manufacturing Organizations (CRO/CMO), Others. The Life Sciences Industry segment dominated the market, accounting for 60% of market revenue. The primary contributors to the substantial market share include increased research and development (R&D) endeavors, widespread adoption of Laboratory Information Management Systems (LIMS) in pharmaceutical laboratories, heightened attention to data integrity, validity, and security prompted by regulatory pressures, cost efficiency, and improved productivity
Laboratory Information Management Systems (LIMS) Market Distribution Channel Insights
The Laboratory Information Management Systems (LIMS) Market segmentation, based on Distribution Channels includes Direct Tenders and retail Sales. The Direct Tenders segment dominated the market, accounting for 60% of market revenue. In laboratory settings, where ensuring data security and adherence to industry regulations like Good Laboratory Practices (GLP) or Good Manufacturing Practices (GMP) is paramount, Direct Tenders provide organizations with enhanced control over the security features and compliance aspects of their Laboratory Information Management Systems (LIMS).
Laboratory Information Management Systems (LIMS) Market Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The anticipated expansion of the Laboratory Information Management Systems (LIMS) market in North America can be attributed to several key factors. The COVID-19 pandemic has underscored the crucial need for seamless data sharing across various platforms and with patients, requiring a smooth flow of information from diagnostic centers to hospitals and confirmed positive cases. In response, healthcare professionals in the United States are increasingly relying on digital information systems to manage test numbers, treatment outcomes, evolving case definitions, and other essential activities. In India, the Government has taken steps to safeguard the digital health data of its citizens through the adoption of the draft Digital Information Security in Healthcare Act 2018 (DISHA Bill). This legislation defines "digital health data" as electronic records containing an individual's health-related information, to standardize and regulate procedures related to the collection, storage, transmission, and utilization of such data. The DISHA Bill emphasizes ensuring reliability, data privacy, confidentiality, and security in handling digital health data. Moreover, the aging population in the United States is growing rapidly, contributing to an increased prevalence of various health conditions within this demographic. Consequently, the demand for laboratory examinations is expected to rise in tandem with the surge in lifestyle-related issues. The adoption of laboratory informatics systems is seen as a key factor in enhancing productivity to meet the growing healthcare needs, both presently and in the future.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: LABORATORY INFORMATION MANAGEMENT SYSTEMS (LIMS) MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Laboratory Information Management Systems (LIMS) Market accounts for the second-largest market share as the laboratory landscape is witnessing a notable shift as an increasing number of organizations engaged in Research and Development (R&D) transition from conventional systems to digital laboratory solutions. Laboratory informatics solutions play a crucial role in enabling researchers to document the experiment process, pertinent data, and derived conclusions, while also establishing a searchable repository of experimental data. This repository facilitates efficient collaboration among researchers. The European Commission's Horizon 2020 framework, the largest-ever research and innovation program in Europe spanning from 2014 to 2020 with a budget of USD 95 billion (EUR 77 billion), particularly focuses on various fields, including life sciences. Within Horizon 2020, funding opportunities have been extended to future and emerging technologies, particularly through the Information and Communication Technology (ICT) Work Programme tailored for life science researchers. Consequently, the surge in R&D activities and government funding is anticipated to fuel the demand for robust data management, thereby propelling the growth of the laboratory informatics market in Europe. Further, the German Laboratory Information Management Systems (LIMS) Market held the largest market share, and the UK Laboratory Information Management Systems (LIMS) Market was the fastest-growing market in the European region
The Asia-Pacific Laboratory Information Management Systems (LIMS) Market is expected to grow at the fastest CAGR from 2023 to 2032. The Asia-Pacific LIMS market is poised for significant growth in the foreseeable future, driven by the increasing demand for LIMS services from Contract Research Organizations (CROs). The outsourcing sector, particularly in emerging economies like India and Japan, is thriving, fueled by the availability of skilled labor at more cost-effective rates. The market is capitalizing on growth prospects stemming from escalating investments in research and development, especially in the pharmaceutical and biotechnology domains, coupled with a shortage of skilled professionals. This has resulted in a heightened demand for outsourcing services. Key players dominating the market include McKesson Corporation, Abbott Informatics, Roper Technologies, Inc., and Siemens AG. Moreover, China’s Laboratory Information Management Systems (LIMS) Market held the largest market share, and the Indian Laboratory Information Management Systems (LIMS) Market was the fastest-growing market in the Asia-Pacific region.
Laboratory Information Management Systems (LIMS) Market Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Laboratory Information Management Systems (LIMS) market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Laboratory Information Management Systems (LIMS) industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Laboratory Information Management Systems (LIMS) industry to benefit clients and increase the market sector. In recent years, the Laboratory Information Management Systems (LIMS) industry has offered some of the most significant advantages to scientific research and data management. Major players in the Laboratory Information Management Systems (LIMS) Market, 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.) are attempting to increase market demand by investing in research and development operations.
Thermo Fisher Scientific Inc (Thermo Fisher) is a leading provider of medical equipment, analytical instruments, reagents, consumables, software, and services designed to address intricate analytical challenges in research, diagnostics, and clinical laboratories. The company specializes in offering solutions for cellular analysis and biology, flow cytometry, and synthetic biology. Thermo Fisher's diverse product portfolio includes technologies for mass spectrometry, genetic sequencing, electron microscopy, as well as protein and molecular biology research. The company caters to a wide range of customers, including pharmaceutical and biotech companies, academic and research institutions, clinical diagnostic labs, government agencies, and environmental and industrial quality and process control sectors. Its products and services are distributed through a combination of direct sales, e-commerce channels, and third-party distributors across the Americas, Asia-Pacific, and Europe. Thermo Fisher Scientific, headquartered in Waltham, Massachusetts, USA, unveiled the EXENT solution in August 2023. This fully integrated and automated mass spectrometry solution addresses unmet clinical needs, particularly in transforming monoclonal gammopathy management.
International Business Machines Corp (IBM) is a provider of information technology products and services, specializing in the production and sale of system hardware and software. The company offers a wide array of services, including infrastructure, hosting, and consulting services. IBM's product portfolio encompasses analytics, artificial intelligence, automation, blockchain, cloud computing, IT infrastructure, IT management, cybersecurity, and software development products. Additionally, the company provides services such as cloud, networking, security, technology consulting, application services, business resilience services, and technology support services. IBM caters to diverse industries including automotive, banking and financial markets, electronics, energy and utilities, healthcare, insurance, life sciences, manufacturing, metals and mining, retail and consumer products, and telecommunications. With operations spanning the Americas, Europe, the Middle East, Africa, and Asia-Pacific, IBM is headquartered in Armonk, New York, USA.
Key companies in the Laboratory Information Management Systems (LIMS) Market include
- 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.)
Laboratory Information Management Systems (LIMS) Industry Developments
March 2022: In March 2022, Thermo Fisher Scientific, Inc. launched the 21.1 version of the SampleManager LIMS software, featuring Analytical Quality Control (AQC) HL7 support, advanced functionalities like data packager and kit deployment, voice control, and enhanced data support for analytics, monitoring, and charts, among other capabilities.
December 2022: In December 2022, LabVantage Solutions, Inc. unveiled Version 8.8 of its primary LIMS platform, introducing numerous enhancements across all components. These developments are anticipated to contribute to the market's growth throughout the forecast period.
Laboratory Information Management Systems (LIMS) Market Segmentation
Laboratory Information Management Systems (LIMS) Market Component Outlook
Laboratory Information Management Systems (LIMS) Market Product Type Outlook
- Broad-Based
- Industry-Specific
Laboratory Information Management Systems (LIMS) Market Delivery Outlook
- On-Premise
- Cloud-Based
- Remotely-Hosted
Laboratory Information Management Systems (LIMS) Market Industry Type Outlook
- Life Sciences Industry
- Chemical/Energy
- Food and Beverage
- Agriculture Industries
- Diagnostics/Medical Device
- Clinical Research Organization/Contract Manufacturing Organizations (CRO/CMO)
- Others
Laboratory Information Management Systems (LIMS) Market Distribution Channel Outlook
- Direct Tenders
- Retail Sales
Laboratory Information Management Systems (LIMS) Market Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
| Report Attribute/Metric |
Details |
|
Market Size 2024
|
  2.79 (USD Billion)
|
|
Market Size 2025
|
  2.99 (USD Billion)
|
|
Market Size 2034
|
  5.59 (USD Billion)
|
|
Compound Annual Growth Rate (CAGR)
|
  7.20 % (2025 - 2034)
|
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
|
Base Year
|
2024
|
|
Market Forecast Period
|
2025 - 2034
|
|
Historical Data
|
2020 - 2024
|
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Component, Product Type, Delivery, Industry Type, Distribution Channel, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
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.) |
| Key Market Opportunities |
·        Growing popularity of biobanks |
| Key Market Dynamics |
·        Growing investment to improve the healthcare infrastructure |
Frequently Asked Questions (FAQ) :
The Laboratory Information Management Systems (LIMS) Market size was valued at USD 2.5 Billion in 2022.
The Laboratory Information Management Systems (LIMS) Market is projected to grow at a CAGR of 7.20% during the forecast period, 2025-2034.
North America had the largest share of the market
The key players in the market are 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.)
The software segment dominated the market in 2022.
The Direct Tenders segment had the largest share in the market.
