Laboratory Informatics Market Size to Reach USD 7.7 Billion

From GlobeNewswire: 2025-06-20 09:20:00

The Laboratory Informatics Market was valued at USD 3.9 billion in 2023 and is projected to reach USD 7.7 billion by 2032, growing at a CAGR of 7.9%. Factors driving growth include automation in laboratories, demand for data accuracy, and increasing regulatory compliance. Major players include Thermo Fisher Scientific, PerkinElmer, and Agilent Technologies.

The U.S. laboratory informatics market was estimated at USD 1.14 billion in 2023 and is expected to reach USD 2.20 billion by 2032, with a CAGR of 7.17%. North America leads the market due to advanced infrastructure and key players in the region, boosting informatics solutions adoption within the country.

The LIMS segment dominates the laboratory informatics market with 48% market share in 2023, enabling data tracking, workflow automation, and compliance maintenance. The web-based segment leads with 41% market share due to flexibility, scalability, and cost-effectiveness. Services segment holds 57% market share for system integration and support.

North America leads the global laboratory informatics market with a 38% market share in 2023, while the Asia-Pacific region is expected to exhibit the fastest growth. Countries like China, India, and South Korea are driving growth with rising healthcare spending and increased demand for lab data management systems.

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