Laboratory Information Systems Market Sees $1 Billion Growth, Kalorama

A recent report by Kalorama Information highlights that the global market for laboratory information systems reached $1 billion in 2015.
According to the press release:

Laboratory information systems (LIS), also known as laboratory information management systems (LIMS), are data and information management systems designed for industrial and health care -related laboratories, including clinical and analytical laboratories. These include research and development labs, in-process testing labs and quality assurance labs. One of the main motivators for harnessing automation in laboratories to make them more productive involves minimizing non-value-added steps, including such processes as sorting tubes, decapping, centrifugation, loading analyzers, and prepping and sorting materials for storage. Non-value-added steps usually can be addressed by automated systems. Many LIS offer what laboratories need: modular-based systems with customizable functionality, scalability and a high level of adaptable connectivity for access to EMRs.

Bruce Carlson, Publisher of Kalorama Information commented:

Researchers anticipate much from their LIMS, including an ability to connect virtually all lab instrumentation, perform automated data collection and track workflow. The installation of a LIS or LIMS has the potential to increase a laboratory’s productivity in the range of 40% to 50% over time.

Click here to view the full press release.