Artificial Intelligence
Laboratory Informatics Market Size to Hit USD 3.87 Billion by 2030 at 7.89% CAGR – Report by Market Research Future (MRFR)
New York, USA, June 25, 2023 (GLOBE NEWSWIRE) — Laboratory Informatics Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Laboratory Informatics Market Information by Product, Component, Deployment Model And Regions – Forecast till 2030”, the market value is expected to grow at a CAGR (Compound Annual Growth Rate) of about 7.89% to reach USD 3.87 billion by the end of 2030.
Market Scope:
Due to increasing workloads, tighter budgets, and technological advancements, the laboratory informatics market is demanding changes in the very nature of pathology itself. New laboratory systems, employing the most cutting-edge technology, are being developed to fulfill the current demand. New methods for organizing laboratory data are required to keep up with the demands of the healthcare system. The credibility of the data they collect is a top priority for clinicians.
In addition, the user interface of laboratory information systems can be tailored to suit individual needs. Diagnostic tests and other laboratory procedures benefit greatly from the availability of such equipment. The usage of laboratory informatics solutions allows for highly precise management of laboratory data and tracking of laboratory process progression. Therefore, laboratory informatics improves lab productivity.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/8106
Report Scope:
| Report Attribute | Details |
| Market Size in 2030 | USD 3.87 Billion |
| CAGR | 7.89% |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | by Product, Component And Deployment Model |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | Expanding R&D in medicine are likely to drive the laboratory informatics market growth |
| Rising applications of lab informatics solutions and an increase in the number of diagnoses. |
Laboratory Informatics Market Competitive Outlooks:
Below are the key companies that offer lab informatics in the global market:
- Accelerated Technology Laboratories
- Autoscribe Limited
- Dassault Systèmes
- Kinematik
- Labvantage Solutions Inc.
- Labworks LLC
- Perkinelmer Inc.
- Waters
- Abbott Laboratories
- Agilent Technologies Inc.
- Cerner Corporation
- IDBS
- Lablynx Inc.
- Labware
- McKesson Corporation
- Thermo Fisher Scientific Inc.
Laboratory Informatics Market Trends:
Market Drivers
The expanded use of cloud-based platforms by CROs, the demand for individualized treatment plans, the emergence of new markets, the arrival of new regulatory approvals, and the continuation of rising investment in medical research and development are all factors that could contribute to this growth. Over the next few years, demand for automated lab systems is likely to rise. In the last few decades, technological developments in molecular genomics and genetic testing procedures have led to a substantial increase in the amount of data collected by laboratories. Demand for lab automation systems is also predicted to rise due to the growing interest in customized treatment, the rising number of cancer genomics studies, and the expanding needs for patient interaction.
Market Restraints
The potential expansion of the laboratory informatics market is threatened by a number of problems. shortage of integration standards for laboratory informatics and a shortage of qualified employees are impeding overall sector growth. The growth of the laboratory informatics business may be stymied over the next years by the associated high costs of both maintenance and servicing.
Browse In-depth Market Research Report (90 Pages) on Laboratory Informatics: https://www.marketresearchfuture.com/reports/laboratory-informatics-market-8106
COVID-19 Analysis:
The healthcare industry is now front and center due to the Coronavirus outbreak. As a result of the epidemic, there has been a widespread shortage of essential medical supplies. About one-fifth of the world’s research facilities were closed, leaving only about one-fifth operational. As a result, shortages of the product have emerged in markets around the world due to logistical issues brought about by government measures including stay-at-home orders, social distancing conventions, mobility restrictions, and disruptions to supply chains. As a result of the epidemic, pharmaceutical corporations and healthcare institutes have increased their research and development spending on artificial intelligence.
Since the pandemic has driven government and agencies to create and launch the vaccine to limit the severity of infections, the vaccine has the most commercial influence. Clinical laboratories have had to adapt to meet the unprecedented demand for COVID-19 testing around the world. This includes developing, standardizing, and validating new methods for testing and administering large volumes of patient specimens and test data, as well as ensuring the timely and accurate reporting of test results. A LIMS serves a crucial role in helping clinical laboratories keep up with the growing demand for COVID-19 tests, which prompted their introduction.
Laboratory Informatics Market Segmentation:
By Component
Software segment is poised to record substantial growth over the review period.
By Product
Laboratory Information Management Systems (LIMS) is slated to rise at a notable CAGR over the forecast period.
By Deployment model
On-premise models segment is projected to expand at a proliferated rate over the review period.
By End-user
CROs segment is expected to record significant growth over the review period.
Laboratory Informatics Market Regional Analysis:
North America is expected to maintain its dominant position in the laboratory informatics market throughout the forecast period. This is because of the excellent medical infrastructure and reimbursement options available there. The United States has the largest share of the regional market because of the widespread adoption of digital healthcare in the country and the rising investments made by businesses.
Buy Now: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=8106
In 2018, the European Union was predicted to have the second largest market for laboratory informatics. Advances in technology and the availability of funds for study and innovation will both contribute to the expansion of healthcare laboratory information systems. The medical laboratory informatics business in Europe was dominated by Germany due to the country’s advanced automation of laboratory systems.
Throughout the laboratory informatics forecast, Asia Pacific is expected to experience remarkable growth in medical informatics due to greater market participation and increased healthcare finance.
However, due to slow economic development in the region, Africa and the Middle East made up the least share of the market.
Discover more research Reports on Healthcare Industry by Market Research Future:
Laboratory Information System Market Research Report Information by Application (Clinical, Drug Discovery, and Industrial), By Components (Software, Hardware, and Services), By Delivery (On-Premise Based, and Cloud-Based), And by Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
Clinical trial management system market Research Report Information By Type (Enterprise CTMS and On-Site CTMS), Delivery Model (Web-Based [Hosted CTMS], Licensed Enterprise, Cloud-Based CTMS [SaaS]), Component (Software, Service, and Hardware), End-User (Pharmaceutical and Biopharmaceutical Companies, Medical Device Manufacturers, Contract Research Organizations, and others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2030
Drug Discovery Services Market Research Report Information By Drug Type (Small Molecule Drug, Biologics), By Type (DMPK, Pharmaceutical Services, Others), By Therapeutic Area (Oncology, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Artificial Intelligence
Darwinbox named as a Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Cloud HCM Suites Report for Enterprises with 1,000+ Employees
DUBAI, UAE, June 17, 2024 /PRNewswire/ — Darwinbox, a global leader in cloud-based HCM solutions, today announced that it has been distinguished as a Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Cloud HCM Suites for 1,000+ Employee Enterprises.
The Gartner® Peer Insights™ Customers’ Choice distinction is based on feedback and ratings from end-user professionals with experience using the product or service. As of 31 January 2024, Darwinbox received an overall rating of 4.8 out of 5 stars across 141 reviews.
“We believe this distinction, for the third consecutive year, reflects our unwavering commitment to our customers and their success, as well as our dedication to excellence and innovation in the HCM space,” says Jayant Paleti, co-founder, Darwinbox.
Darwinbox has been named a Customers’ Choice for both Large Enterprise (1B – 10B USD) and Midsize Enterprise (50M – 1B USD) segments, showcasing its robust capabilities in handling large-scale operations and its widespread appeal across various business sizes. This recognition underscores the platform’s popularity, driven by its powerful configurability, intuitive design, and agility. An impressive 98% of customers rated Darwinbox 4-stars or higher, highlighting the overwhelming satisfaction with the product.
Furthermore, Darwinbox is recognized as the most customer-friendly enterprise-grade HCM solution globally. The platform distinguishes itself through its ease of implementation and integration, prompt vendor responses, and exceptional technical support, demonstrating Darwinbox’s dedication to quick service and client satisfaction. Notably, 94% of its customers have expressed their willingness to recommend Darwinbox, demonstrating its significant impact and reliability in the enterprise tech landscape.
“What I love is when we need support, the customer service is top-notch – always responsive, solution makers, and always helpful,” HR Business Partner, Media Industry
“Darwinbox has been able to cater to our needs given our diverse business structures and differences in processes,” HR Lead, Manufacturing Sector
Read more reviews
About Darwinbox:
Darwinbox is a leading SaaS-based HR technology platform, empowering organisations to automate HR processes and elevate the employee experience. Rated the highest globally among HCM players on Gartner’s customer review platform, Peer Insights, Darwinbox is trusted by 900+ global enterprises with more than 2.5 million employees spread across 116+ countries.
Photo: https://mma.prnewswire.com/media/2438686/Darwinbox_Voice_of_the_Customer.jpg
View original content:https://www.prnewswire.co.uk/news-releases/darwinbox-named-as-a-customers-choice-in-the-2024-gartner-peer-insights-voice-of-the-customer-for-cloud-hcm-suites-report-for-enterprises-with-1-000-employees-302173015.html
Leverage Artificial Intelligence (AI) to easily find the perfect domain name for your business
ISLAMABAD, June 17, 2024 /PRNewswire/ — As you embark on your online journey, choosing the right domain name plays a vital role in establishing your web presence. It is often one of the earliest decisions you will make as an entrepreneur or small business owner.
GoDaddy is harnessing the power of AI to help entrepreneurs and small business owners find the right domain name for their business, themselves, or their organization. GoDaddy AI Domain Search tool is designed to deliver personalized domain suggestions tailored to each user’s unique needs. Having a catchy and memorable domain name for your business helps to enhance branding and provides increased visibility for a business on the internet.
By simply entering a business description or keywords, users receive creative and unique domain name choices that can align with their brand identity and vision. GoDaddy uses generative AI to provide users with personalized and brandable domain name suggestions based on their business description, idea, product, or service.
GoDaddy AI Domain Search can simplify the process of finding the perfect domain name for a business. When a user enters information describing their business, project, or idea, including such details as business name if already chosen, location or industry, within seconds the AI tool makes suggestions by creating a list of available domain names with different variations and domain name extensions tailored to your needs.
Finding a domain name for a business idea is important as the name chosen will be reflective of your brand for many years to come. Here are some tips for finding available domain names:
Use specific keywords that describe your business, your products and services, your location, and your industry.Use keywords that people would enter when searching for your products or services.Try using variations of a word you want in your domain name to get more options.Mix up keyword combinations that can describe your business.Your aim is to create a name that is memorable, easy to pronounce, and stands out in your industry.In a world driven by AI, GoDaddy AI Domain Search tool simplifies the process of finding the perfect domain name, enabling you to effortlessly brainstorm and explore creative ideas that align with your vision. Within seconds, you can receive a selection of available domains, empowering you to bring your idea to life.
To experience the power of GoDaddy AI Domain Search visit: www.godaddy.com/en-ph/domains/domain-name-generator
About GoDaddy
GoDaddy helps millions of entrepreneurs around the world start, grow and expand their businesses. People turn to GoDaddy to name their idea, create a professional Web site, attract customers, sell their products and services, and accept online payments. GoDaddy’s easy-to-use tools help micro-entrepreneurs manage everything in one place, and its experts are available to provide 24/7 assistance. For more information about the company, visit www.GoDaddy.com.
Logo – https://mma.prnewswire.com/media/2363619/4596420/GoDaddy_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/find-your-perfect-domain-with-godaddys-innovative-ai-technology-302173253.html
Artificial Intelligence
Metz, in Partnership with AI TECH, Introduces Advanced Interactive Flat Panel to Middle East Market
SHENZHEN, China, June 17, 2024 /PRNewswire/ — METZ Display, a sub-brand of SKYWORTH and a provider of innovative interactive displays for education and business. The announcement of Artificial Intelligence Technologies LLC Dubai as the authorized exclusive distributor for the UAE market as well as the Oman, Qatar, and Bahrain markets marks a significant expansion for METZ Display. By partnering with a trusted distributor like Artificial Intelligence Technologies, METZ is strategically positioning itself to deliver its full range of smart education and smart conference room applications across these regions. This move not only strengthens METZ’s presence in the Middle East but also underscores its commitment to providing innovative interactive displays tailored for both educational and business environments.
Based on the 16 years of R&D and business experience in the IFPD market from SKYWORTH, METZ Display fully inherited its technology and has introduced several interactive displays in the education and business sectors that provide a highly immersive environment and user-friendly experience since 2022, such as the all-in-one LCD.
Mr. Summer Deng METZ Sales & Marketing Head of MEA, said: ” The IFPD market in MEA is expected to see rapid growth over the next couple of years. The partnership with Artificial Intelligence Technologies LLC, a business entity to promote AI & AV Products, Tools, and services in the United Arab Emirates & Middle East Region will take METZ Display to another new level. We are confident to further develop our quality products and service!”
METZ Display is expanding its reach into the UAE market through Artificial Intelligence Technologies LLC Dubai as its authorized distributor.
The introduction of the METZ K Pro Series, particularly the EDLA Certified collaborative display, in the MEA Region highlights their commitment to providing innovative interactive display solutions for both education and business sectors. This move could potentially enhance learning and collaboration experiences in the region.
Mr. Harold Fernandes, the Managing Director of Artificial Intelligence Technologies, seems quite enthusiastic about the partnership with METZ Display. His emphasis on the versatility of METZ’s portfolio, applicable across various sectors such as education and business, reflects a keen understanding of the market’s needs. By highlighting the engaging experiences offered by METZ Display products, he’s underlining the potential benefits for resellers and end-users alike. This partnership seems poised to bring innovative solutions to the UAE market.
About METZ Display
With Skyworth, one of the world’s largest TV companies, and Metz, one of the oldest German manufacturers, METZ Display creates high-quality educational and business applications that make state-of-the-art screen technology available to everyone by combining their strengths and 80 years of experience.
About Artificial Intelligence Technologies LLC
Artificial Intelligence Technologies LLC, Is established as a business entity to promote AI & AV Products, and complete AV Solution, Tools & Services in the United Arab Emirates & Middle East Region. Visit the website at https://ai-tech.ai/
Phone: +971 4299 0544Email: [email protected]: www.ai-tech.ai
Photo – https://mma.prnewswire.com/media/2439536/Skyworth_Optoelectronics_Technology.jpg
View original content:https://www.prnewswire.co.uk/news-releases/metz-in-partnership-with-ai-tech-introduces-advanced-interactive-flat-panel-to-middle-east-market-302173734.html
-
Artificial Intelligence7 days agoADP Rings NASDAQ Opening Bell Celebrates 75 Years at the Forefront of Payroll & HR Innovation
-
Artificial Intelligence6 days agoTraceLink Partners with Genpact to Expand Delivery of Digital Supply Chain Innovation for Healthcare and Life Sciences Sectors
-
Artificial Intelligence3 days agoBorderless AI & Cohere team up to build a custom-trained AI model for HR professionals, taking on Deel and Remote.com
-
Artificial Intelligence7 days agoEmpowering data practitioners will help shape generative AI deployment for enterprise, says new MIT Technology Review Insights research report
-
Uncategorized6 days agoHughes Europe Expands into Military, Defence & Government Sectors with Launch of Konnect VHTS Services in Collaboration with Telespazio
-
Uncategorized4 days ago
AI Could Transform UK’s Public Finances as Labour Touts Gains
-
Artificial Intelligence3 days agoLoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™
-
Artificial Intelligence3 days ago
Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services
