Europe
Laboratory Information Systems (LIS) Market, By Product Type (Standalone
LIS, Integrated LIS), By Device Type (Clinical LIS, Anatomical LIS), By
Components (Services, software), By Delivery Mode (On-Premise, Remotely-Hosted,
Cloud-Based) By End-User (Clinical Diagnostic Laboratories, Hospitals,
Anatomical Pathology Laboratories, Blood Banks, Molecular Diagnostic
Laboratories), By Country (Germany, France, U.K., Spain, Italy, Russia,
Netherlands, Turkey, Belgium, Switzerland, Rest of Europe) – Industry Trends
and Forecast to 2024
The European
laboratory information systems market is expected to reach USD 538.3 million by
2024 from USD 308.6 million in 2016, growing at a CAGR of 7.2% during the
forecast period 2017 to 2024. The new market report contains data for historic
years 2015, the base year of calculation is 2016 and the forecast period is
2017 to 2024.
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The
deployment of integrated healthcare systems helps facilitate a smooth exchange
of patient data across different healthcare organizations. The emergence of new
and complex tests, along with the necessity to make test results readily
available for clinicians, presents significant challenges for laboratory
managers/technicians. In order to take effective decisions, clinicians require
a patient care summary. This in turn requires an integrated system that
provides the entire diagnostic information in one database. A completely
integrated LIS addresses various patient safety issues, enhances the quality of
care, provides patient information at a single point of access, and eliminates
the gaps in communication between care providers. The benefits associated with
integrated solutions are better workflow, elimination of costs of maintaining
interfaces between two software, easy retrieval of clinical data, and quick
feedback for clinicians. These benefits make it easier for hospitals to replace
their traditional LIS systems with an integrated LIS.
Some of the major companies operating
in this market are:
·
Sunquest Information Systems
·
Cerner Corporation
·
SSC Soft Computer
·
Compu Group Medical AG
·
McKesson Corporation
·
Epic Systems Corporation
·
Medical Information Technology
·
Orchard Software Corporation
·
Allscripts
·
Quest Diagnostics Incorporated
·
Computer Programs and Systems (CPSI)
·
Merge Healthcare
·
Comp Pro Med
·
Psyche Systems
·
Technidata America
·
Siemens Medical Solutions, among others.
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Germany
holds the major share of the European
laboratory information systems market. This is attributed to factors such
as growth in laboratory automation, technological advancements, and government
incentives. In addition to this, the increasing incidence/prevalence of
life-threatening diseases such as cancer, cardiovascular diseases, HIV-AIDS,
increasing population, and reimbursement programs result in larger amounts of
data that have to be managed, thereby encouraging the growth of the LIS market
globally.
Based
on geography the market is segmented into:
·
Germany
·
France
·
U.K.
·
Italy
·
Spain
·
Russia
·
Turkey
·
Netherlands
·
Belgium
·
Switzerland
·
Rest
of Europe.
Germany
is expected to dominate the market, while U.K. and France are expected to be
the growing with highest CAGR in the forecast period.
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