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| https://www.prnewswire.com/news-releases/laboratory-information-management-system-lims-market-worth-2-1-billion-by-2026--exclusive-report-by-marketsandmark |
| The Global Laboratory Information Management System Market in terms of revenue was estimated to be worth $1.1 billion in 2021 and is poised to reach $2.1 billion by 2026, growing at a CAGR of 13.2% from 2021 to 2026. The updated version of the report covers the historical market for LIMS for the years 2019, 2020, the estimated market for 2021, and a forecast until 2026, along with a CAGR from 2021 to 2026. The new research study comprises the profiles of 25 players (15 top players and 10 startups or SMEs), compared to 15 players in the previous study. The growth of this market is attributed to the increasing use of LIMS to comply with stringent regulatory requirements, the rising need for the adoption of LIMS, technological advancements in LIMS offerings, increasing R&D expenditure in different industries, and the growing adoption of cloud-based LIMS. |
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