The European laboratory informatics market is expected to reach $1,084.3 million by 2024, growing at a CAGR of 6.4% during the forecast period of 2018 to 2024. The life science industry and other research and industrial laboratories across European region are increasingly modernizing their approach and using laboratory informatics solutions for capturing, tracking, managing, and sharing their research and manufacturing data. Moreover, scientific advances in the fields of genomics, proteomics, and personalized medicine exponentially increase the need for efficient data management. Laboratory informatics solutions are helping researchers and scientists seamlessly gather, store, retrieve, monitor, search, share, report and collaborate their work, thereby saving time and simplifying work procedures.
Growing R&D activities and government initiatives across European region
R&D is crucial for drug discovery and development. This in turn, boosts the demand for efficient lab and data management. Growing number of organizations involved in R&D are shifting from traditional old systems to digital laboratory solutions. Laboratory informatics solutions allow researchers to capture the experiment process, relevant data, and conclusions that were drawn, while simultaneously facilitating a searchable repository of experimental data that researchers can access for effective collaboration. In European region, Germany accounted for the largest share of 26.0% of the total R&D spending in 2016 in Europe as stated by R&D Magazine, 2017. According to UNESCO Institute for Statistics, Germany is among the top 10 countries, accounting for 80% of global spending on R&D. Germany spends 2.9% of GDP on R&D and have pledged to substantially increase public & private R&D spending as well as number of researchers by 2030, as part of the Sustainable Development Goals (SDGs).
The European Commission’s new framework, Horizon 2020 is the largest ever research and innovation programme in Europe for various fields including life sciences with a budget of $95 billion (€77 billion) from 2014-2020. In October 2017, The European Commission announced its plans to invest $37 billion (€30 billion) of this fund during 2018-2020 including $2.5 billion (€2 billion) to support Open Science, and $740 million (€600 million) for the European Open Science Cloud, European data infrastructure and high-performance computing. Horizon 2020 opened funding opportunities for future and emerging technologies and ICT Work Programme for life science researchers. Thus, increasing R&D activities and government funding will ultimately boost the demand for effective data management and hence drive the laboratory informatics market in Europe.
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Strategic Developments by the key players likely to boost the market growth in European region
The major players operating in the laboratory informatics market are focusing on organic and inorganic growth strategies to leverage growth opportunities in European laboratory informatics market. For instance, in June 2017, Dassault Systemes, SE conducted 2017 European BIOVIA Forum in London, U.K. to discuss benefits of implementing laboratory informatics, new capabilities & product releases, integration, and cloud and hybrid deployments. In November 2016, Autoscribe Informatics opened a new office in the U.K. Further, in July 2016, Autoscribe Informatics appointed Ritme as its distributor for the Matrix Gemini LIMS in France, Italy and Switzerland to expand its penetration into European laboratory informatics market. In March 2015, IDBS (acquired by Danaher Group) expanded its European footprint with the launch of a full-service office in Paris, France.
Laboratory Information Management System (LIMS) to witness the fastest growth during the forecast period
LIMS solutions are widely adopted as they meet broad range of scientific needs with their ability to provide a suitable environment that is easy to use across multiple disciplines. Moreover, LIMS help laboratories to reduce manual efforts, labor cost, cost of error, and throughput time; offer paperless information management and effective data analytics; improve data traceability, accessibility, security and sharing; streamline processes; enhance quality management; abide by the regulatory requirements; and provide better control of all business processes and decision support. Such factors contribute to the largest share and fastest growth of LIMS market during the forecast period.
On-premise informatics currently dominates the market; however, web & cloud-based solutions are rapidly gaining traction
On-premise informatics dominates the market as it has been traditionally adopted mode of software delivery, and provides better customization options, total ownership and authority, and security. However, cloud-based informatics segment is expected to witness the highest CAGR during the forecast period owing to factors such as no upfront capital investment for hardware, extreme storage flexibility and scalability, real-time accessibility from anywhere, and pay-as-you-go pricing features.
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Services to continue dominate the European laboratory informatics market
Based on components, the European laboratory informatics market study covers services as well as software. Services accounted major share in 2017 and are also expected to dominate the market during the forecast period due to growing demand for cloud services and increasing laboratory automation subsequently driving the demand for laboratory informatics services such as implementation, validation, integration, maintenance, training and support.
Life Sciences industry is the leading adopter of laboratory informatics in Europe
Life sciences industry is expected to continue dominate the European laboratory informatics market during the forecast period. The high growth of this end-user segment is mainly attributed to growing R&D activities and outsourcing to CROs, presence of strict regulatory guidelines, growing academic research, increasing biobanks and biorepositories, replacement of old legacy systems with advanced informatics solutions, growing automation and rising need to integrate laboratory systems.
Germany comprises the largest share in European laboratory informatics market
This research report analyzes the European market including Germany, U.K., France, Italy, Spain, Benelux, Nordics and Rest of Europe (RoE). Germany majorly dominates the European laboratory informatics market owing to the advanced laboratory infrastructure, growing demand for integration of laboratory systems, growing digitalization, rising government funding for research activities, easy availability of laboratory informatics products and services, and stringent regulatory requirements across industries. Laboratory infrastructure and automation in the country is changing the workflow of laboratories and it is helping to penetrate technologies and workflows in research & development labs, food & beverage industries, CROs & CMOs, and various other sectors.
European Laboratory Informatics Market Key players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2015-2018). The major players profiled in the European laboratory informatics market are Abbott Informatics, Agilent Technologies, Inc., Autoscribe Informatics, Bio-ITech BV (eLabJournal), Biomed Systems Limited, Broughton Software Limited, Bytewize AB, Dassault Systemes SE, GenoLogics, Inc. (Illumina, Inc.), Lablynx, Inc., LabVantage Solutions, Inc., LabWare Inc, Novatek International, PerkinElmer, Inc., RURO, Inc., Thermo Fisher Scientific Inc., and Waters Corporation.
Market by Product:
Market by Mode of Delivery:
Market by Component:
Market by End User:
Market by Geography:
Key questions answered in the report
Growing laboratory information management solutions (LIMS) and chromatography data systems (CDS) helps to drive the adoption of informatics solutions in europian laboratory informatics market.
Service segment account for a relatively large proportion of laboratory informatics solutions globally
Recent partnerships, acquisitions, approvals, and expansions have taken place in the europian laboratory informatics market
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Automation in Laboratories
4.2.2. Technological Advancements
4.2.3. Increasing R&D Activities
4.2.4. Growing Need for Regulatory Compliance
4.3. Restraint
4.3.1. Lack of Skilled Professionals
4.4. Opportunity
4.4.1. Cloud-Based Informatics
4.5. Challenges
4.5.1. Interfacing & Integration
4.5.2. Migrating from Legacy LIMS to New Systems
5. European Laboratory Informatics Market, by Product Type
5.1. Introduction
5.2. Laboratory information Management System (LIMS)
5.3. Electronic Lab Notebook (ELN)
5.4. Chromatography Data System (CDS)
5.5. Electronic Data Capture (EDC) & Clinical Data Management System (CDMS)
5.6. Laboratory Execution Systems (LES)
5.7. Enterprise Content Management (ECM)
5.8. Scientific Data Management System (SDMS)
6. European Laboratory Informatics Market, by Mode of Delivery
6.1. Introduction
6.2. On-Premise Solutions
6.3. Cloud-Based Solutions
6.4. Web-Based Solutions
7. European Laboratory Informatics Market, by Component
7.1. Introduction
7.2. Services
7.3. Software
8. European Laboratory Informatics Market, by End User
8.1. Introduction
8.2. Life Sciences Industry
8.2.1. Pharmaceutical and Biotechnology Companies
8.2.2. Biobanks and Biorepositories
8.2.3. Academic Research institutes and Contract Research Organizations (CROs)
8.2.4. Molecular Diagnostics & Clinical Research Labs
8.3. Chemical Testing Laboratories
8.4. Food & Beverage and Agriculture industries
8.5. Petrochemical and Oil & Gas industries
8.6. Others
9. European Laboratory Informatics Market, by Geography
9.1. Introduction
9.1.1. Europe
9.1.1.1. Germany
9.1.1.2. U.K.
9.1.1.3. France
9.1.1.4. Italy
9.1.1.5. Spain
9.1.1.6. Benelux
9.1.1.7. Nordics
9.1.1.8. Rest of Europe
10. Competitive Landscape
10.1. Introduction
10.1.1. New Product & Service Launches, Upgradations & Enhancements
10.1.2. Partnerships, Agreements & Collaborations
10.1.3. Mergers & Acquisitions
10.1.4. Expansion
11. Company Profiles (Business Overview, Financial Overview, Product & Service Portfolio, and Strategic Developments)
11.1. Abbott Laboratories
11.2. Agilent Technologies, Inc.
11.3. Autoscribe Informatics
11.4. Bio-ITech BV (elabJournal)
11.5. Biomed Systems Limited
11.6. Broughton Software Limited.
11.7. Bytewize AB
11.8. Dassault Systemes SE
11.9. GenoLogics (an Illumina Company)
11.10. LabLynx, Inc.
11.11. LabVantage Solutions, Inc.
11.12. LabWare, Inc.
11.13. Novatek International
11.14. PerkinElmer, Inc.
11.15. RURO, Inc.
11.16. Thermo Fisher Scientific Inc.
11.17. Waters Corporatio
12. Appendix
12.1. Questionnaire
List of Tables
Table 1 Europe: Laboratory Informatics Market Drivers: Impact Analysis (2018-2024)
Table 2 Research and Development Expenditure, 2006 and 2016
Table 3 Europe: Laboratory Informatics Market Restraint: Impact Analysis (2018-2024)
Table 4 European Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 5 Key Laboratory Information Management Systems and its Providers
Table 6 European Laboratory Information Management Systems (LIMS) Market Size, by Country/Region, 2016-2024 ($Million)
Table 7 Key ELNs and its Providers
Table 8 European Electronic Lab Notebook (ELN) Market Size, by Country/Region, 2016-2024 ($Million)
Table 9 European Chromatography Data System (CDS) Market Size, by Country/Region, 2016-2024 ($Million)
Table 10 Evolution of Clinical Data Management Systems Using Various Software Systems
Table 11 European Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS) Market Size, by Country/Region, 2016-2024 ($Million)
Table 12 European Laboratory Execution Systems (LES) Market Size, by Country/Region, 2016-2024 ($Million)
Table 13 European Enterprise Content Management (ECM) Market Size, by Country/Region, 2016-2024 ($Million)
Table 14 European Scientific Data Management System (SDMS) Market Size, by Country/Region, 2016-2024 ($Million)
Table 15 European Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 16 European On-Premise Laboratory Informatics Market Size, by Country/ Region, 2016-2024 ($Million)
Table 17 European Cloud-Based Laboratory Informatics Market Size, by Country/ Region, 2016-2024 ($Million)
Table 18 European Web-Based Laboratory Informatics Market Size, by Country/ Region, 2016-2024 ($Million)
Table 19 European Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 20 European Laboratory Informatics Services Market Size, by Country/ Region, 2016-2024 ($Million)
Table 21 European Laboratory Informatics Software Market Size, by Country/ Region, 2016-2024 ($Million)
Table 22 European Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 23 European Laboratory Informatics Market Size for Life Sciences Industry, by Type, 2016-2024 ($Million)
Table 24 European Laboratory Informatics Market Size for Life Sciences Industry, by Country/Region, 2017-2024 ($Million)
Table 25 European Laboratory Informatics Market Size for Pharmaceutical and Biotechnology Companies, by Country/Region, 2016-2024 ($Million)
Table 26 European Laboratory Informatics Market Size for Biobanks & Biorepositories, by Country/Region, 2016-2024 ($Million)
Table 27 European Laboratory Informatics Market Size for Academic Research Institutes & Contract Research Organizations (CROs), by Country/Region, 2016-2024 ($Million)
Table 28 European Laboratory Informatics Market Size for Molecular Diagnostics & Clinical Research Labs, by Country/Region, 2016-2024 ($Million)
Table 29 European Laboratory Informatics Market Size for Chemical Testing Laboratories, by Country/Region, 2016-2024 ($Million)
Table 30 European Laboratory Informatics Market Size for Food & Beverage and Agriculture Industries, by Country/Region, 2016-2024 ($Million)
Table 31 European Laboratory Informatics Market Size for Petrochemical and Oil & Gas Industries, by Country/Region, 2016-2024 ($Million)
Table 32 European Laboratory Informatics Market Size for Other End Users, by Country/Region, 2016-2024 ($Million)
Table 33 European Conferences and Workshops on Laboratory Informatics Market
Table 34 European Laboratory Informatics Market Size, by Country, 2016-2024 ($Million)
Table 35 European Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 36 European Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 37 European Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 38 European Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 39 European Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 40 Germany: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 41 Germany: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 42 Germany: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 43 Germany: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 44 Germany: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 45 U.K.: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 46 U.K.: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 47 U.K.: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 48 U.K.: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 49 U.K.: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 50 France: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 51 France: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 52 France: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 53 France: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 54 France: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 55 Italy: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 56 Italy: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 57 Italy: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 58 Italy: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 59 Italy: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 60 Spain: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 61 Spain: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 62 Spain: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 63 Spain: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 64 Spain: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 65 Benelux: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 66 Benelux: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 67 Benelux: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 68 Benelux: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 69 Benelux: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 70 Nordics: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 71 Nordics: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 72 Nordics: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 73 Nordics: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 74 Nordics: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 75 RoE: Laboratory Informatics Market Size, by Product, 2016-2024 ($Million)
Table 76 RoE: Laboratory Informatics Market Size, by Mode of Delivery, 2016-2024 ($Million)
Table 77 RoE: Laboratory Informatics Market Size, by Component, 2016-2024 ($Million)
Table 78 RoE: Laboratory Informatics Market Size, by End User, 2016-2024 ($Million)
Table 79 RoE: Laboratory Informatics Market Size for Life Sciences Industry, 2016-2024 ($Million)
Table 80 Number of Developments by The Key Players During 2015-2018
Table 81 New Product & Service Launches, Upgradations & Enhancements
Table 82 Partnerships, Agreements and Collaborations
Table 83 Mergers & Acquisitions
Table 84 Expansion
List of Figures
Figure 1 Research Process
Figure 2 Key Executives Interviewed
Figure 3 Primary Research Techniques
Figure 4 Key Adoptors
Figure 5 Key Opportunities
Figure 6 Scope: European Laboratory Informatics Market
Figure 7 European Laboratory Informatics Market, by Product
Figure 8 European Laboratory Informatics Market, by Mode of Delivery
Figure 9 European Laboratory Informatics Market, by Component
Figure 10 European Laboratory Informatics Market, by End User
Figure 11 European Laboratory Informatics Market, by Geography
Figure 12 European Laboratory Informatics Market: Competitive Landscape
Figure 13 Market Dynamics: European Laboratory Informatics Market
Figure 14 European Laboratory Informatics Market Size, by Product, 2018-2024 ($Million)
Figure 15 European Laboratory Informatics Market Size, by Mode of Delivery, 2018-2024 ($Million)
Figure 16 European Laboratory Informatics Market Size, by Component, 2018-2024 ($Million)
Figure 17 European Laboratory Informatics Market Size, by End User, 2018-2024 ($Million)
Figure 18 European Laboratory Informatics Market Size for Life Sciences Industry, by Type, 2018-2024 ($Million)
Figure 19 Europe: Laboratory Informatics Market Size, by Country, 2018-2024 ($Million)
Figure 20 Gross Expenditure on R&D in Germany, 2017
Figure 21 Gross Expenditure on R&D in France, 2017
Figure 22 Italy: Gross Domestic Spending on R&D
Figure 23 Gross Domestic Spending on R&D in Benelux
Figure 24 Gross Domestic Spending on R&D in Nordics
Figure 25 Poland: Gross Domestic Spending on R&D
Figure 26 Growth Strategies Adopted by Key Players, 2015-2018
Figure 27 New Product & Service Launches, Upgradations & Enhancements, by Leading Players, 2015-2018
Figure 28 Partnerships, Agreements & Collaborations, by Leading Players, 2015-2018
Figure 29 Mergers & Acquisitions, by Leading Players, 2015-2018
Figure 30 Abbott Laboratories: Financial Overview (2015-2017)
Figure 31 Agilent Technologies, Inc.: Financial Overview (2015-2017)
Figure 32 Dassault Systemes SE: Financial Overview (2015-2017)
Figure 33 Illumina, Inc.: Financial Overview (2015-2017)
Figure 34 PerkinElmer, Inc.: Financial Overview (2015-2017)
Figure 35 Thermo Fisher Scientific Inc.: Financial Overview (2015-2017)
Figure 36 Waters Corporation: Financial Overview (2015-2017)
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
Published Date: Jan-2023
