Laboratory Information Systems (LIS) Market Worth $1,806.1 Million by 2019

DALLAS, October 13, 2014 /PRNewswire/ --

According to the new research report "Laboratory Information System/LIS Market by Type (Standalone, Integrated), Delivery Mode (On-premise, Hosted, SaaS), End User Labs (Clinical, Molecular Diagnostic, Blood Bank, Anatomic Pathology), & by Component (Software, Services) - Global Forecast to 2019", published by MarketsandMarkets, the global Laboratory Information Systems (LIS) Market is expected to reach $1,806.1 Million by 2019 from $1,175 Million in 2014, growing at a CAGR of 9% from 2014 to 2019.

Browse 85 market data tables and 50 figures spread through 162 pages and in-depth TOC on "Laboratory Information System/LIS Market"

http://www.marketsandmarkets.com/Market-Reports/laboratory-information-system-market-232312738.html
Early buyers will receive 10% customization on this report.

The LIS market is segmented on the basis of end user, delivery mode, product, component, and geography. Among various end users, the clinical diagnostic laboratories segment is expected to account for the largest share in 2014, while molecular diagnostic laboratories is expected to be the fastest-growing segment in the LIS market, owing to technological advancements and new product launches in this end-user segment. Furthermore, factors such as rising aging population and chronic diseases resulting in greater number of diagnostic tests, increasing need to integrate healthcare systems, and increasing government funding and support for implementing healthcare IT tools trigger growth of this market.

Based on geography, the global LIS market is segmented into North America, Europe, Asia, and Rest of the World (RoW). North America is expected to account for the largest share of the market by the end of 2014. The large share of this region can be attributed to various factors such as huge pressure to cut down the healthcare spending, growing demand to integrate healthcare systems, need to improve the quality of healthcare services, and rising government support and incentives especially in the U.S. leads to increase in the adoption of laboratory information systems.

Further Inquiry:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=232312738 

Prominent players in the Laboratory Information Systems (LIS) Market are Cerner Corporation (U.S.), Sunquest Information Systems (U.S.), Medical Information Technology (Meditech) (U.S.), SCC Soft Computer (U.S.), EPIC Systems Corporation (U.S.), McKesson Corporation (U.S.),CompuGroup Medical (Germany), Merge Healthcare (U.S.), Orchard Software (U.S.), and Computer Programs and Systems Inc.(U.S.). Other players in this market include Comp Pro Med (U.S.), Psyche Systems (U.S.), TechniData America (U.S.), HEX Laboratory Systems (U.S.), and Siemens Medical Solutions (U.S.).

Browse related reports 

Lab Automation Market by Equipment & Software (Automated Liquid Handling & Robotics, Microplate Readers, LIMS and Automated Storage), and Applications (Drug Discovery, Clinical Diagnostics, Genomics, Proteomics) - Trends & Global Forecasts to 2017

http://www.marketsandmarkets.com/Market-Reports/lab-automation-market-1158.html

Healthcare IT Market by Application [Provider IT (EMR, PACS, CPOE, RIS, CDSS, RCM, Claims Management, Payroll), Payer IT (CRM, Fraud Detection)], Delivery Mode (On-Premises, Web-Based Services & Cloud Computing) & Component - Global Forecasts to 2017

http://www.marketsandmarkets.com/Market-Reports/healthcare-it-252.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @http://mnmblog.org/market-research/healthcare/healthcareit