The laboratory informatics in healthcare is propelled by developments in molecular genomics, genetic testing, and personalized medicine. The shift to cancer genomics and increasing patient engagement compliment this trend. Establishing cloud laboratory informatics has become a norm, with straightforward software and a rising number of start-ups driving this development. Research laboratories are increasingly adopting cloud, mobile, and voice technologies that stimulate the demand for laboratory informatics solutions.
Laboratory informatics solutions are being adopted broadly with needs to efficiently manage all error-related workflows, and data. The advantages of laboratory information systems, process optimization, regulatory compliance, intellectual property protection, reduced throughput time, and paperless data management have led to increasingly employing these systems in biobanks, academic research institutes, and contract research organizations.
The laboratory informatics in healthcare market is driven due to the growing need for highly advanced informatics systems for the effective management of huge volumes of complex data, mainly due to the current advances in molecular genomics, genetic testing, and personalized medicine.
However, various laboratory informatics platforms (such as Laboratory Information Management Systems, Electronic Laboratory Notebooks, and Laboratory Execution Systems) enhance workflow delivery, improve the accuracy of data capture, and maintain regulatory compliance.
Cancers and patients are accelerating this pace of change toward a cancer genomics model and a patient-centric healthcare model. There is in more demand for laboratory informatics that manage all sorts of data types and ensure traceability and reproducibility of results.
Laboratory automation has become an effective solution for managing the shortage of qualified laboratory staff and the need to minimize manual intervention in laboratory operations. Dedicated workstations and software can be used to program devices, which, in turn, can help automate common laboratory activities to increase productivity and free up time for researchers to adjust their focus on more critical tasks.
Since pipetting and shifting plates are repetitive, lab automation helps automate these tasks and eliminate human errors, enhancing the outcome precision. For instance, a research published in the Journal of Lab Automation states that error rates range from 1 to 5% for completely automated activities, 1 to 10% for semi-automated operations, and 10 to 30% for manual operations. The proper use of integrated workstations, automated analyzers, and total laboratory automation (TLA) enables re-assigning skilled laboratory staff to tasks that contribute a much higher value to operations.
Pharma and biotech companies face immense pressure to comply with stern regulatory guidelines for preclinical and clinical testing before launching new drugs. Regulatory requirements such as 21 CFR Part 11 and Clinical Laboratory Improvement Amendments (CLIA) involve documentation and audit trails from R&D and testing to production and quality control.
In addition to these regulations, appropriate labeling and advertising guidelines must also be followed. Owing to data management and security concerns, most laboratories have adopted lab informatics solutions to simplify their workflows and adhere to stringent regulatory requirements. These systems ensure that laboratories meet regulatory standards without compromising on process versatility. These solutions are expected to increase the demand for lab informatics solutions in target industries.
The software market segment in the laboratory informatics market holds the major share, and is expected to continue the same during the forecast period from 2025 to 2035. The growth of the software segment is attributed to the ample number of advantages offered by this model, such as the seamless integration of data from various cloud silos, unlimited user access from remote locations, low maintenance costs, and optimized resource utilization. Moreover, several applications offered by the SaaS model, spanning areas such as accounting, performance monitoring, and communication through webmail and instant messengers, further contribute to the segment's growth.
North America dominates the laboratory informatics in healthcare market due to the per-capita expenditure on healthcare in those regions combined with new technology that is integrated to lab systems and the incorporation of lab instruments with informatics application such as LIMS, ELN, CDS, and SDMS.
North America is expanding with availability of biobanks, increasing focus on quality control and regulatory compliance through adoption of digitalization in laboratory processes, available infrastructure, increased demands of people in digitalized technologies, etc.
Another thing is, the North American environment stimulates competition, thus spurring innovation from the marketplace, which is the primary driving force for continuous improvements in technology and services provided by various vendors in the market.
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Laboratory Informatics in Healthcare Market
