The Business
Research Company’s latest report Laboratory Information System Global Market
Report 2020 covers Laboratory Information System market drivers, Laboratory
Information System market trends, Laboratory Information System market
segments, Laboratory Information System market growth rate, Laboratory
Information System market major players, and Laboratory Information System
market size. The report provides in-depth analysis of the impact of COVID-19 on
the Laboratory Information System industry, along with revised market numbers
due to the effects of the coronavirus.
View Complete Report:
Laboratory
Information System Global Market Report 2020 is the most comprehensive report
available on this market and will help gain a truly global perspective as it
covers 60 geographies. The chapter on the impact of COVID-19 gives valuable
insights on supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global laboratory information system
market is expected to decline from $1.62 billion in 2019 to $1.58 billion in
2020 at a compound annual growth rate (CAGR) of -2.42%. The decline is mainly
due to the COVID-19 outbreak that has led to restrictive containment measures
involving social distancing, remote working, and the closure of industries and
other commercial activities. The entire supply chain has been disrupted,
impacting the market negatively. The market is then expected to recover and
reach $2.33 billion in 2023 at a CAGR of 13.8%.
The report covers the Laboratory
Information System market’s segments-
1) By Product: Standalone LIS, Integrated
LIS.
2) By End User: Hospital Laboratories,
Independent Laboratories, Physician Office Laboratories, Others.
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