North America Electronic Lab Notebooks Market to be Worth $372.7 Million by 2030

North America Electronic Lab Notebooks Market by Product (Cross-disciplinary, Specific), Technology (Proprietary, Open-source), Channel (Web & Cloud-based, On-premise), End User (Pharmaceutical, Biotech, CROs, Academia/Research, F&B) - Forecast to 2030

Meticulous Research^®—a leading global market research company, published a research report titled ‘North America Electronic Lab Notebooks Market by Product (Cross-disciplinary, Specific), Technology (Proprietary, Open-source), Channel (Web & Cloud-based, On-premise), End User (Pharmaceutical, Biotech, CROs, Academia/ Research, F&B)—Forecast to 2030.’

According to this latest publication from Meticulous Research^®, the North America electronic lab notebooks market is projected to reach $372.7 million by 2030, at a CAGR of 6.8% from 2023 to 2030. Factors such as 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 driving the growth of this market.

In addition, the growing scope of cloud-based ELNs and the integration of artificial intelligence are expected to provide significant opportunities for the players operating in this market during the forecast period.

However, cost constraints and the reluctance to replace traditional lab notebooks with electronic lab notebooks are expected to restrain this market's growth. Additionally, factors such as interfacing & integration and data security & privacy concerns are a major challenge for market growth.

Key Players

The key players operating in the North America electronic lab notebooks market are Abbott Laboratories (U.S.), Agilent Technologies, Inc. (U.S.), Arxspan, LLC (U.S.), Benchling, Inc. (U.S.), Eppendorf AG (Germany), Dassault Systemes SE (France), ID Business Solutions (IDBS) Ltd. (U.K.), KineMatik Inc. (U.S.), Lab-Ally, LLC (U.S.), Labforward GmbH (Germany), Labii Inc. (U.S.), LabArchives, LLC. (U.S.), LabLynx, Inc. (U.S.), LABTrack, LLC. (U.S.), LabWare, Inc. (U.S.), Mestrelab Research, S.L. (Spain), PerkinElmer, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), and Waters Corporation (U.S.), among others.

North America Electronic Lab Notebooks Market: Future Outlook

The North America electronic lab notebooks market is segmented based on product, technology, channel, end user, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on product, the cross-disciplinary ELN segment is expected to account for the larger share of the North America electronic lab notebooks market in 2023. The segment's large market share is attributed to the ability of cross-disciplinary ELNs to cater to multiple disciplines for meeting a wide range of scientific needs. Moreover, other benefits of cross-disciplinary ELNs include reduced IT overhead costs, the ability to provide a detailed view of organizational data, secure storage of an organization’s knowledge and IP in one central location, improved workflow management across disciplines, better collaboration capabilities across research areas, and efficient utilization of information for strategic planning and business decision- making.

Based on technology, the proprietary ELN segment is expected to account for the larger share of the North America electronic lab notebooks market in 2023. The large market share of this segment is attributed to the advantages of proprietary ELNs, such as ownership of the software, quick and efficient support, a multitude of features, and the ability to be customized as per requirements.

Based on channel, the web & cloud-based ELN segment is expected to account for the larger share of the North America electronic lab notebooks market in 2023. The large market share of this segment is attributed to the cost-effectiveness, real-time analysis, easy integration with other systems & software, easy data access, internal and external data sharing, flexibility, and scalability offered by web & cloud-based ELNs.

Based on end user, the pharmaceutical companies segment is expected to account for the largest share of the North America electronic notebooks market in 2023. The large market share of this segment is attributed to the increasing adoption of disruptive technologies, including lab informatics, and the rapid digital transformation of the pharmaceutical industry.

Geographic Review:

This research report analyzes the electronic lab notebooks market in North America at the country level (U.S. and Canada). In 2023, the U.S. is expected to account for the larger share of the North America electronic lab notebooks market. The large market share of the U.S. is attributed to the country’s well-established economy and financial capability to adopt new & advanced technologies, strict government regulations that encourage laboratories across industries to deploy data management systems, high level of automation in laboratories, presence of leading ELN vendors, growing need for integration of laboratory systems, and rapidly growing adoption of cloud-based ELN solutions.

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of product, technology, channel, end user, and geography?
What was the historical market size for electronic lab notebooks in North America?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, opportunities, and challenges in the North America electronic lab notebooks market?
Who are the major players in the North America electronic lab notebooks market?
What is the competitive landscape like, and who are the market leaders in the North America electronic lab notebooks market?
What are the recent developments in the North America electronic lab notebooks market?
What are the strategies adopted by major players in the North America electronic lab notebooks market?

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