Electronic Lab Notebook Market (2022-2029)
The Electronic Lab Notebook Market is expected to grow at a CAGR of 7.1% to reach $787.7 million by 2029.
- Published
- Feb 2022
- Pages
- 166
- Format
- PDF + Excel
- Report ID
- MRHC - 10436
- Base year
- 2021
- 2029 · FORECAST
- $787.7M
- 2029
- $787.7M
- CAGR 2022–2029
- 7.1%
2021 baseline · 2022–2029 forecast at 7.1% CAGR · hover a bar for the value
Key highlights
In 2022, the Cross-Disciplinary ELN Segment to Dominate the Market
In 2022, the Proprietary ELN Segment to Dominate the Market
In 2022, the Web & Cloud-based ELN Segment to Dominate the Market
In 2022, the Pharmaceutical Companies Segment to Dominate the Market
North America: The Largest Regional Market
Report summary
| Particulars | Details |
|---|---|
| Base Year | 2021 |
| Estimated Year | 2022 |
| Forecast Period | 2022–2029 |
| Market Size (2029) | USD 787.7 million |
| CAGR (2022–2029) | 7.1% |
| Format | PDF, Excel & Cloud Portal · 166 pages |
| Segments Covered | By Product: Cross-disciplinary ELN, Specific ELN · By Technology: Proprietary ELN, Open-source ELN · By Channel: Web & Cloud-based ELN, On-premise ELN · By End User: Pharmaceutical Companies, Biotechnology Companies, Contract Research Organizations (CROs), Academic Research Institutes, Food & Beverage Companies, Others End Users |
| Countries Covered | Europe (RoE), Asia-Pacific (RoAPAC) |
| Key Companies | Agilent Technologies, Inc., Arxspan, LLC, Benchling, Inc., Eppendorf AG, Dassault Systemes SE, KineMatik Inc., Lab-Ally, LLC, Labforward GmbH, Labii Inc., LabArchives, LLC, LabLynx, Inc., LABTrack, LLC, LabWare, Inc., PerkinElmer, Inc., Thermo Fisher Scientific Inc., Waters Corporation |
Report overview
Segments covered: product, technology, channel, end user. Regions: Europe, Asia-Pacific.
An electronic lab notebook offers the consumer a way to store and process the data. It can enter protocols, observations, notes, and other data using computer or any mobile device. It enables good data management practices and data security for the end-users.
The key factors driving the global electronic lab notebook market include 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. In addition, the growing scope of cloud-based ELNs and untapped markets in emerging economies are expected to provide significant opportunities for the growth of this market in the coming years.
However, cost constraints and the reluctance to replace traditional lab notebooks with electronic lab notebooks may restrain the growth of this market to some extent. Similarly, data security & privacy concerns pose a major challenge for the players operating in this market.
The outbreak of the COVID-19 pandemic resulted in great restrictions of social distancing and a transition to work from home. The pharmaceutical and life science companies with electronic lab notebooks (ELNs) could adapt to this transition easily since the ELNs can be operated from home. The researchers could easily review, approve and drive the research projects while working from home. This further drove the companies to adopt and deploy electronic lab notebooks in their organizations.
Furthermore, the COVID-19 pandemic led companies to focus on launching new products, upgrading existing products for better performance, and offering integration capabilities in ELNs to meet the increasing demand and help researchers and scientists increase efficiency and productivity. For instance:
In April 2021, ID Business Solutions Ltd., IDBS (U.S.) partnered with TetraScience, Inc. (U.S.), a provider of R&D data cloud for scientific discovery, to integrate the Tetra Data Platform with IDBS’s E-Workbook for automating R&D data.
In September 2020, ID Business Solutions Ltd., IDBS (U.S.), launched an integrated E-WorkBook electronic laboratory notebook (ELN) with AB Sciex Pte. Ltd.’s (U.S.) SCIEX Analyst Software to expand IDBS’s existing family of integrations.
Thus, the COVID-19 pandemic has increased the demand for electronic lab notebooks.
Report infographic
Table of contents
12 chapters · 99 sections · 166 pages · click to expandSegmental analysis
| Segment | Largest share (2022) | Fastest growth (2022–2029) |
|---|---|---|
| By Product | Cross-Disciplinary ELN | — |
| By Technology | Proprietary ELN | — |
| By Channel | Web & Cloud-based ELN | — |
| By End User | Pharmaceutical Companies | — |
By Product
- The cross-disciplinary ELN segment is estimated to account for the largest share of the global electronic lab notebook market.
- The large market share of this segment is attributed to the R&D laboratories preferring flexible generic ELNs over specific ELNs as their research doesn’t strictly classify into one single category.
- Cross-disciplinary ELN has great demand as they meet a broad range of scientific needs, are easy to use, and cater to multiple disciplines.
By Technology
- The Proprietary ELN Segment to Dominate the Market
- The proprietary ELN segment is estimated to account for the largest share of the global electronic lab notebook market.
- This segment's large market share is attributed to more responsive service/support, better security and reliability, frequent availability of new products and upgrades, and better usability.
By Channel
- The web & cloud-based ELN segment is estimated to account for the largest share of the global electronic lab notebook market.
- The large market share of this segment is attributed to factors such as affordability, minimum upfront cost, real-time data analysis capabilities, storage flexibility, efficiency, scalability, and accessibility.
By End User
- The pharmaceutical companies segment is estimated to account for the largest share of the global electronic lab notebook market.
- The large market share of this segment is attributed to factors such as growing regulatory pressures on pharmaceutical companies to maintain data integrity, validity, and security.
- Moreover, growing R&D activities and the increasing need to improve laboratory productivity and cost efficiency encourage pharmaceutical companies to invest in ELN solutions.
Geographic analysis
North America
Largest shareIn 2022, North America is estimated to dominate the global electronic lab notebook market. This region's largest market share of this region is primarily attributed to the presence of major market players in the region, high R&D expenditure of the U.S. and Canada, high level of automation in the laboratories, and increased demand for laboratory informatics in the region. North America: The Largest Regional Market
Competitive landscape
- Agilent Technologies, Inc.
- Arxspan, LLC
- Benchling, Inc.
- Eppendorf AG
- Dassault Systemes SE
- KineMatik Inc.
- Lab-Ally, LLC
- Labforward GmbH
- Labii Inc.
- LabArchives, LLC
- LabLynx, Inc.
- LABTrack, LLC
- LabWare, Inc.
- PerkinElmer, Inc.
- Thermo Fisher Scientific Inc.
- Waters Corporation
Frequently asked questions
Cite this report
Meticulous Research. (2022). Electronic Lab Notebook (ELN) Market - Global Opportunity Analysis and Industry Forecast (2022-2029) (Report No. MRHC - 10436). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/electronic-lab-notebook-eln-market-4341