China Laboratory Informatics

China Laboratory Informatics Market Research Report: Forecast (2021-2026)

By Product Type (Electronic Lab Notebooks (ELNs), Laboratory Information Management Systems (LIMS), Chromatography Data Systems (CDS), Electronic Data Capture (EDC) & Clinical Data Management Systems, Read more

  • Healthcare
  • Sep 2021
  • 121
  • HC44003A

Laboratory Informatics is defined as the specialized application of information technology meant for extending and optimizing laboratory operations. 

The China Laboratory Informatics Market is anticipated to grow at a CAGR of more than 10% during the forecast period, i.e., 2021-26, says MarkNtel Advisors in their research report. The market, which was in its embryonic stage in 2019, is majorly driven by the healthcare & life sciences institutions. While its penetration in other industries like chemicals, petrochemicals, food & beverages, environmental testing, etc., remains infinitesimal with minute scope for adoption in the coming years.

Moreover, IT integration in specialty care centers has also been rising due to the surge in private investments, focusing on improving operational efficiency by accessing real-time data inputs. Additionally, massive investments in healthcare infrastructure, such as specialized hospitals & care centers, expansion of the chemicals industry, etc., are also expected to boost the market during 2021-26, further states the research report, “China Laboratory Informatics Market Analysis, 2021.”

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 10%
Key Companies Profiled Lab Vantage, LabLynx, Autoscribe, Perkin Elmer, Thermofisher Scientific, Beijing LabWare and Sci & Tech Co., Agilent Technologies (Beijing), Abbott Laboratories, Waters Corporation, McKesson Corporation
Unit Denominations USD Million/Billion

 

COVID-19 Outbreak Positively Impacted the China Laboratory Informatics Market 

The outbreak of the COVID-19 pandemic led to dramatic dynamics in China since it was the country of origin of the virus and was the first region to get heavily affected by the disease. The pandemic inspired healthcare establishments & pharmaceutical companies to mount their R&D investments in advanced technologies, which boosted the demand for laboratory informatics due to the burgeoning need for accurate lab reports for COVID tests at the earliest possible time.

Furthermore, the increase in the COVID-19 testing & tracing entwined with advanced research & vaccine development encouraged the demand for life science products in China. Hence, the COVID-19 pandemic positively impacted the Laboratory Informatics Market growth

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Glossary
    4. Market Segment
  2. Executive Summary
  3. Impact of Covid-19 on China Laboratory Informatics
  4. China Laboratory Informatics Rules & Regulations for Standard Products
  5. Growth & Opportunities for China Laboratory Informatics
  6. China Laboratory Informatics Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis.
  7. China Laboratory Informatics Markets Outlooks, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Products
        1.      Laboratory Information Management Systems (LIMS)
        2.      Electronic Lab Notebooks (ELN)
        3.      Chromatography Data Systems (CDS)
        4.      Electronic Data Capture (EDC) & Clinical Data Management Systems
        5.      Laboratory Execution Systems (LES)
        6.      Enterprise Content Management (ECM)
        7.      Scientific Data Management Systems (SDMS)
      2. Capability Areas
        1. Laboratory Test Request and Sample Receiving
        2. Test Preparation, LIMS Processing, Test Results Recording
        3. Report Preparation and Distribution
        4. Training, Education and Resource Management
        5. Laboratory Safety and Accident Investigation
        6. Laboratory Mutual Assistance/Disaster Recovery
      3. By Deployment 
        1. On Premises
        2. Cloud Base
        3. Web Hosting
      4. By Components
        1. Software
        2. Service
      5. By End User
        1.   Healthcare & Diagnostic Labs
        2.   Food & Beverage
        3.   Oil, Gas & Petrochemical Industries
        4.   Manufacturing
        5.   Environmental Testing Labs
        6.   Mining & Minerals
        7.   Life Science
  8. Porter’s Five Forces Analysis
    1.  Threat of New Entrants
    2.  Bargaining Power of Buyers/Consumers
    3.  Bargaining Power of Suppliers
    4.  Threat of Substitute Products
    5.  Intensity of Competitive Rivalry
  9. Competitive Benchmarking
    1. Company Overview
    2. Products/ Business Segmentation
    3. Key Strategies
  10. Competitors
    1. Lab Vantage
    2. Lab Lynx
    3. Auto scribe
    4. Perkin Elmer
    5. Thermofisher Scientific
    6. Beijing LabWare and Sci & Tech Co.
    7. Agilent Technologies
    8. Abbott Laboratories
    9. Waters Corporation
    10.  McKesson Corporation
  11. Disclaimer
China Laboratory Informatics Market Segmentation
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