Resources
About Us
Europe Electronic Lab Notebook 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
Report ID: MRHC - 1041000 Pages: 120 Jul-2024 Formats*: PDF Category: Healthcare Delivery: 24 to 72 Hours Download Free Sample ReportThe Europe Electronic Lab Notebook (ELN) Market is projected to reach $264.3 million by 2030, at a CAGR of 7% from 2024 to 2030. Electronic lab notebooks (ELNs) are laboratory management solutions designed to replace paper lab notebooks. ELN, in its most basic form, acts as a page in a paper lab notebook. It offers various advantages like data management, data security, auditing, results interpretation, and collaborations. There are two types of ELNs—cross-disciplinary or multi-disciplinary and specific ELNs. Scientists use the cross-disciplinary ELNs while working in multiple disciplines or fields.
Web & cloud-based electronic lab notebooks are flexible, highly scalable solutions for capturing, analyzing, managing, and sharing laboratory and research data. ELNs are adopted by biotechnology, academic research, contract research organizations, food & beverages, forensic laboratories, chemical and petrochemical industry, environmental, and oil & gas industries.
The major factors driving the electronic lab notebook market are 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. Furthermore, the growing scope of cloud-based ELN solutions is expected to offer significant growth opportunities for players operating in this market.
However, cost constraints, the reluctance to replace traditional lab notebooks with electronic lab notebooks, and data security & privacy concerns are expected to hamper the growth of this market.
Pharmaceutical companies constantly focus on research and development (R&D) as it is a core aspect of drug development processes. The biotechnology industry also continues to witness substantial growth due to increased investments in R&D to cater to the growing demand for innovation and new medical breakthroughs. According to the European Federation of Pharmaceutical Industries and Associations (EFPIA) report, the pharmaceutical R&D expenditure in Europe is estimated to increase from USD 37,060.6 million in 2010 to USD 49,102.0 million in 2021.
Increasing R&D spending has boosted the demand for the efficient management of laboratory data. Most pharmaceutical companies and CROs are transitioning from traditional lab notebooks to electronic lab notebooks as ELNs allow researchers to capture experiment processes, data, and conclusions drawn while simultaneously facilitating a searchable repository of experimental data that researchers can access for effective collaboration. ELNs allow for efficient report creation, improved data integrity, better IP protection, enhanced regulatory compliance, improved research collaboration, and more efficient research.
Click here to: Get Free Sample Pages of this Report
Growing Scope of Cloud-Based Electronic Lab Notebooks to Provide Growth Opportunities for the Players Operating in the Market
There is an exponential rise in the adoption of cloud-based ELNs due to their advantages, such as low upfront and maintenance costs, real-time analysis, easy integration with other systems & software, easy access to data from any location, internal and external sharing of data, flexibility, reliability, and scalability. Thus, growing awareness regarding the benefits of open platforms and most industries’ increasing focus on interoperability and collaborative solution design are driving the demand for vertically integrated cloud platforms. These platforms provide data access to multiple stakeholders who are willing to share the risks and rewards of shared data assets.
Cloud-based solutions are now believed to be more secure than on-premise infrastructure and have better outcomes in terms of data back-up and disaster recovery. Thus, industries’ increasing confidence in cloud platforms, the wide availability of cloud-based informatics, and organizations’ increasing need to reduce costs, improve workflows, and leverage meaningful business intelligence are propelling the adoption of cloud-based informatics solutions, including cloud-based ELNs. To leverage growth opportunities in this segment, most start-ups in this field are only launching cloud-based offerings. In contrast, most of the leading players are focused on adding cloud offerings to their existing product & service portfolios.
Cross-disciplinary ELN Segment to Dominate the Market in 2024
Based on product, the Europe electronic lab notebook (ELN) market is segmented into specific ELN and cross-disciplinary ELN. In 2024, the cross-disciplinary ELN segment is expected to account for the larger share of the electronic lab notebook market in Europe. The large market share of this segment is attributed to the benefits of cross-disciplinary ELN over specific ELN, such as reduced IT overhead costs, improved workflow management across disciplines, and better collaboration capabilities across research areas.
Proprietary ELN Segment to Dominate Europe Electronic Lab Notebook Market in 2024
Based on technology, the Europe electronic lab notebook (ELN) market is segmented into proprietary ELN and open-source ELN. In 2024, the proprietary ELN segment is expected to account for the larger share of the electronic lab notebook market in Europe. The large market share of this segment is attributed to the comparatively secure nature of the software, availability of all the desirable features, and quick and efficient support for the software.
Web & Cloud-based ELN Segment to Dominate Europe Electronic Lab Notebook Market in 2024
Based on channel, the electronic lab notebook market is segmented into on-premise ELN and web & cloud-based ELN. In 2024, the web & cloud-based ELN segment is expected to account for the largest share of the electronic lab notebook market in Europe. The large market share of this segment is attributed to the benefits of web & cloud-based ELN, such as greater flexibility, easy data sharing capabilities, and real-time analysis capabilities compared to on-premise ELN.
Pharmaceutical Companies Segment to Dominate Europe Electronic Lab Notebook Market in 2024
The Europe electronic lab notebook market is segmented into biotechnology companies, pharmaceutical companies, contract research organizations (CROs), academic research institutes, food & beverage companies, and other end users. In 2024, the pharmaceutical companies segment is expected to account for the largest share of the electronic lab notebook market in Europe. The large market share of this segment is attributed to the increasing adoption of laboratory informatics solutions by the pharmaceutical industry and the rapid shift to digital transformation.
Key Players
The report includes a competitive landscape based on an in-depth assessment of offerings and growth strategies adopted by key market players in the last 3–4 years.
The key players operating in Europe electronic lab notebook 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.).
Scope of the Report:
Europe Electronic Lab Notebook (ELN) Market, by Product
Europe Electronic Lab Notebook (ELN) Market, by Technology
Europe Electronic Lab Notebook (ELN) Market, by Channel
Europe Electronic Lab Notebook (ELN) Market, by End User
Europe Electronic Lab Notebook Market, by Country
Key questions answered in the report:
Europe electronic lab notebook (ELN) market report covers the market sizes & forecasts based on product, technology, channel, end user, and geography. The electronic lab notebook market studied in this report involves the value analysis of various segments and subsegments of Europe electronic lab notebook (ELN) at the regional and country levels.
The Europe electronic lab notebook market is projected to reach $264.3 million by 2030, at a CAGR of 7% during the forecast period of 2024–2030.
Based on product, the electronic lab notebook market is segmented into specific ELN and cross-disciplinary ELN. In 2024, the cross-disciplinary ELN segment is estimated to account for the largest share of the electronic lab notebook market in Europe.
Based on application, the electronic lab notebook market is segmented into proprietary ELN and open-source ELN. In 2024, the proprietary ELN segment is estimated to account for the largest share of the electronic lab notebook market in Europe.
Based on channel, the electronic lab notebook market is segmented into on-premise ELN and web & cloud-based ELN. In 2024, the web & cloud-based ELN segment is estimated to account for the largest share of the electronic lab notebook market in Europe.
Based on end user, the electronic lab notebook (ELN) market is segmented into biotechnology companies, pharmaceutical companies, contract research organizations (CROs), academic research institutes, food & beverage companies, and other end users. In 2024, the pharmaceutical companies segment is estimated to account for the largest share of the electronic lab notebook market in Europe.
The rising trend of digital transformation in the laboratories, increased automation in the laboratories, rising R&D expenditure, and the rising need to comply with regulatory frameworks are the factors that contribute to this market's growth. Furthermore, the growing scope of cloud-based ELNs is expected to hold growth opportunities for market stakeholders.
Cost restraints, reluctance to replace traditional lab notebooks with electronic lab notebooks, and challenges regarding interface and integration issues, as well as data security and privacy concerns, are expected to hinder the growth of this market to a certain extent.
The key players operating in the electronic lab notebook 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.
Published Date: Jan-2024
Published Date: Jan-2024
Published Date: Feb-2022
Published Date: Jun-2019
Please enter corporate email id here & we’ll send you a free sample.
Subscribe to get the latest industry updates