South America Laboratory Information Management Systems (LIMS) Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Standalone and Integrated), Deployment (On-Premise Delivery Mode, Web-Based Delivery Mode, and Cloud-Based Delivery Mode), Component (Software and Services), Application (Sample Management, Workflow Automation, Records Management, Logistics Management, Enterprise Resource Planning, and Decision Making), and End-User (Hospitals & Clinics, Pharmaceutical Companies, Contract Research Organizations, and Other End Users)
The laboratory information management systems (LIMS) market in South America is expected to grow from US$ 45.46 million in 2021 to US$ 92.74 million by 2028; it is estimated to grow at a CAGR of 10.7 % from 2021 to 2028.
The demand for cloud-based LIMS services is growing as the approach requires lower capital and operational expenditures than premise-based LIMS. Cloud-based solutions allow healthcare organizations and clinical laboratories to share and integrate data from several locations, making the data collection process more efficient. The emergence of Internet-enabled cloud-based services has resulted in major advancements in the laboratory information management systems market. Advancements in virtualization and increased access to high-speed internet allow for faster innovation at lower costs. Companies that employ cloud-based solutions just have to pay for the software subscription instead of the complete licenses. Moreover, cloud-based LIMS do not require any upfront capital expenditure for hardware, which reduces the burden from healthcare and clinical settings with a minimum requirement of IT personnel, thus enabling rapid and secure data transmission within organizations. Pharmaceutical and medical devices manufacturers are increasingly employing centralized corporate-based facilities to develop a virtual network of contract research, development, and manufacturing organizations (CRDMOs) and academic institutions. The adoption of cloud-based LIMS solutions would enable them to manage large volumes of data gathered from their operations. Cloud-based models would emerge as an effective LIMS solution due to benefits such as increased data accessibility, cost-effectiveness, and real-time analysis, providing substantial growth prospects to the laboratory information management system market players.
South America have been witnessing a growing number of COVID-19 cases since its outbreak. The cases are increasing in Brazil, Argentina, and Rest of SAM region. The COVID†19 pandemic is a critical test for the already overburdened and underfunded public healthcare systems of South America. They have responded to the situation by closing borders, ordering quarantines, and imposing a host of restrictions to keep people confined at home. The COVID-19 pandemic presented numerous impacts on health systems, social life, and human behavior worldwide. It remains a challenge for local communities. While LIMS systems in clinical studies are relatively new, but the pandemic has accelerated its adoption. As physicians and patients have started to accept newer technologies and more opportunities for remote monitoring have arisen. Drug developers are challenged to rapidly assess the effectiveness of existing vaccines against evolving SARS-CoV-2 strains due to the virus's constant mutations. As a result, increased visibility and oversight of data collection, faster clinical trial implementation, and real-time data sharing are all priorities in this region. For instance, in January 2021, LabVantage Solutions, Inc. has entered into strategic partnership with LIDERSALES a Brazilian technological solutions company. This partnership is aimed at distribution of LabVantage Medical Suite, a Laboratory Information System in Brazilian market to deal with COVID 19 crisis. These factors had a potential impact on the South America laboratory information management system market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America laboratory information management systems (LIMS) market. The South America laboratory information management systems (LIMS) market is expected to grow at a good CAGR during the forecast period.
South America Laboratory Information Management Systems (LIMS) Market Revenue and Forecast to 2028 (US$ Million)
South America Laboratory Information Management Systems (LIMS) Market Segmentation
South America Laboratory Information Management Systems (LIMS) Market – By Type
- Standalone
- Integrated
South America Laboratory Information Management Systems (LIMS) Market – By Deployment
- Web-Based Delivery Mode
- Cloud-Based Delivery Mode
- On-Premise Delivery Mode
South America Laboratory Information Management Systems (LIMS) Market – By Component
- Software
- Services
South America Laboratory Information Management Systems (LIMS) Market – By Application
- Sample Management
- Workflow Automation
- Records Management
- Decision Making
- Enterprise Resource Planning
- Logistics Management
South America Laboratory Information Management Systems (LIMS) Market – By End-User
- Pharmaceutical Companies
- Contract Research Organisations
- Hospitals & Clinics
- Others
South America Laboratory Information Management Systems (LIMS) Market – By Country
- Brazil
- Argentina
- Rest of SAM
South America Laboratory Information Management Systems (LIMS) Market – Companies Mentioned
- THERMO FISHER SCIENTIFIC INC.
- Abbott
- Illumina, Inc.
- LabLynx, Inc.
- LabVantage Solutions, Inc.
- Accelerated Technology Laboratories, Inc.
- LabWare
- Autoscribe Informatic
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South America Laboratory Information Management Systems (LIMS) Market – By Type
1.3.2 South America Laboratory Information Management Systems (LIMS) Market – By Deployment
1.3.3 South America Laboratory Information Management Systems (LIMS) Market – By Component
1.3.4 South America Laboratory Information Management Systems (LIMS) Market – By Application
1.3.5 South America Laboratory Information Management Systems (LIMS) Market – By End User
1.3.6 South America Laboratory Information Management Systems (LIMS) Market– By Country
2. South America Laboratory Information Management Systems (LIMS) Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America Laboratory Information Management Systems (LIMS) Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Experts Opinion
5. South America Laboratory information management systems market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Thriving Adoption of Automation in Laboratories
5.1.2 Broadening Technological Advancements in LIMS
5.2 Key Market Restraints
5.2.1 Constricted Expertise in Healthcare IT Domain
5.3 Future Trends
5.3.1 Approaching Cloud-Based LIMS Services
5.4 Impact Analysis
6. South America Laboratory Information Management Systems (LIMS) Market Analysis
6.1 South America Laboratory Information Management Systems (LIMS) Market Revenue Forecast and Analysis
7. South America Laboratory Information Management Systems (LIMS) Market Analysis – By Type
7.1 Overview
7.2 South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by Type
7.3 Standalone
7.3.1 Overview
7.3.2 Standalone: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Integrated
7.4.1 Overview
7.4.2 Integrated: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
8. South America Laboratory Information Management Systems (LIMS) Market Analysis – By Deployment
8.1 Overview
8.2 South America Laboratory Information Management Systems (LIMS) Market, by Deployment
8.3 On-Premise Delivery Mode
8.3.1 Overview
8.3.2 On-Premise Delivery Mode: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Web-Based Delivery Mode
8.4.1 Overview
8.4.2 Web-Based Delivery Mode: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Cloud-Based Delivery Mode
8.5.1 Overview
8.5.2 Cloud-Based Delivery Mode: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
9. South America Laboratory Information Management Systems (LIMS) Market Analysis – By Component
9.1 Overview
9.2 South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by Component
9.3 Software
9.3.1 Overview
9.3.2 Software: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Services
9.4.1 Overview
9.4.2 Services: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
10. South America Laboratory Information Management Systems (LIMS) Market Analysis – By Application
10.1 Overview
10.2 South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by Application
10.3 Sample Management
10.3.1 Overview
10.3.2 Sample Management: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Workflow Automation
10.4.1 Overview
10.4.2 Workflow Automation: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Logistics Management
10.5.1 Overview
10.5.2 Logistics Management: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Enterprise Resource Planning
10.6.1 Overview
10.6.2 Enterprise Resource Planning: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
10.7 Decision Making
10.7.1 Overview
10.7.2 Decision Making: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
10.8 Records Management
10.8.1 Overview
10.8.2 Records Management: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
11. South America Laboratory Information Management Systems (LIMS) Market Analysis – By End-User
11.1 Overview
11.2 South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by End User
11.3 Hospitals and Clinics
11.3.1 Overview
11.3.2 Hospitals & Clinics: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
11.4 Pharmaceutical and Biotechnology Companies
11.4.1 Overview
11.4.2 Pharmaceutical and Biotechnology Companies: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
11.5 Contract Research Organisations
11.5.1 Overview
11.5.2 Contract Research Organizations: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
11.6 Others
11.6.1 Overview
11.6.2 Others: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
12. South America Laboratory Information Management Systems Market – Country Analysis
12.1 South America Laboratory Information Management Systems Market
12.1.1 South America: Laboratory Information Management Systems (LIMS) Market, by Country
12.1.1.1 Brazil: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
12.1.1.1.1 Brazil: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
12.1.1.1.2 Brazil: Laboratory Information Management Systems (LIMS) Market, By Type, 2019–2028 (USD Million)
12.1.1.1.3 Brazil: Laboratory Information Management Systems (LIMS) Market, by Deployment, 2019–2028 (USD Million)
12.1.1.1.4 Brazil: Laboratory Information Management Systems (LIMS) Market, by Component, 2019–2028 (USD Million)
12.1.1.1.5 Brazil: Laboratory Information Management Systems (LIMS) Market, by Application, 2019–2028 (USD Million)
12.1.1.1.6 Brazil: Laboratory Information Management Systems (LIMS) Market, by End User, 2019–2028 (USD Million)
12.1.1.2 Argentina: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
12.1.1.2.1 Argentina: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
12.1.1.2.2 Argentina: Laboratory Information Management Systems (LIMS) Market, By Type, 2019–2028 (USD Million)
12.1.1.2.3 Argentina: Laboratory Information Management Systems (LIMS) Market, by Deployment, 2019–2028 (USD Million)
12.1.1.2.4 Argentina: Laboratory Information Management Systems (LIMS) Market, by Component, 2019–2028 (USD Million)
12.1.1.2.5 Argentina: Laboratory Information Management Systems (LIMS) Market, by Application, 2019–2028 (USD Million)
12.1.1.2.6 Argentina: Laboratory Information Management Systems (LIMS) Market, by End User, 2019–2028 (USD Million)
12.1.1.3 Rest of SAM: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
12.1.1.3.1 Rest of SAM: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
12.1.1.3.2 Rest of SAM: Laboratory Information Management Systems (LIMS) Market, By Type, 2019–2028 (USD Million)
12.1.1.3.3 Rest of SAM: Laboratory Information Management Systems (LIMS) Market, by Deployment, 2019–2028 (USD Million)
12.1.1.3.4 Rest of SAM: Laboratory Information Management Systems (LIMS) Market, by Component, 2019–2028 (USD Million)
12.1.1.3.5 Rest of SAM: Laboratory Information Management Systems (LIMS) Market, by Application, 2019–2028 (USD Million)
12.1.1.3.6 Rest of SAM: Laboratory Information Management Systems (LIMS) Market, by End User, 2019–2028 (USD Million)
13. Impact of COVID-19 Pandemic on South America Laboratory information Management System Market
13.1 South America: Impact Assessment of COVID-19 Pandemic
14. Industry Landscape
14.1 Overview
14.2 Organic Developments
14.2.1 Overview
14.3 Inorganic Developments
14.3.1 Overview
15. Company Profiles
15.1 THERMO FISHER SCIENTIFIC INC.
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Abbott
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Illumina, Inc.
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 LabLynx, Inc.
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 LabVantage Solutions, Inc.
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Accelerated Technology Laboratories, Inc.
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 LabWare
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 Autoscribe Informatics
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
16. Appendix
16.1 About The Insight Partners
16.2 Glossary of Terms
LIST OF TABLES
Table 1. South America Laboratory Information Management Systems (LIMS) Market- Revenue Forecast and Analysis to 2028
Table 2. Brazil: Laboratory Information Management Systems (LIMS) Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil Laboratory Information Management Systems (LIMS) Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil Laboratory Information Management Systems (LIMS) Market, by Component – Revenue and Forecast to 2028 (USD Million)
Table 5. Brazil Laboratory Information Management Systems (LIMS) Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. Brazil Laboratory Information Management Systems (LIMS) Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina: Laboratory Information Management Systems (LIMS) Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina Laboratory Information Management Systems (LIMS) Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 9. Argentina Laboratory Information Management Systems (LIMS) Market, by Component – Revenue and Forecast to 2028 (USD Million)
Table 10. Argentina Laboratory Information Management Systems (LIMS) Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. Argentina Laboratory Information Management Systems (LIMS) Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of SAM: Laboratory Information Management Systems (LIMS) Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of SAM Laboratory Information Management Systems (LIMS) Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 14. Rest of SAM Laboratory Information Management Systems (LIMS) Market, by Component – Revenue and Forecast to 2028 (USD Million)
Table 15. Rest of SAM Laboratory Information Management Systems (LIMS) Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 16. Rest of SAM Laboratory Information Management Systems (LIMS) Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 17. Organic Developments Done by Companies
Table 18. Inorganic Developments Done by Companies
Table 19. Glossary of Terms, Laboratory Information Management Systems (LIMS)Market
LIST OF FIGURES
Figure 1. South America Laboratory Information Management Systems (LIMS) Market Segmentation
Figure 2. South America Laboratory Information Management Systems (LIMS) Segmentation, By Country
Figure 3. South America Laboratory Information Management Systems (LIMS) Market Overview
Figure 4. Standalone Held the Largest Share of the Type Segment in South America Laboratory Information Management Systems (LIMS) Market
Figure 5. Brazil to Show Significant Growth During Forecast Period
Figure 6. South America Laboratory Information Management Systems (LIMS) Market, Industry Landscape
Figure 7. South America (SAM) PEST Analysis
Figure 8. South America laboratory Information Management Systems Market Impact Analysis of Drivers and Restraints
Figure 9. South America Laboratory Information Management Systems (LIMS) Market– Revenue Forecast and Analysis to 2028
Figure 10. South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by Type
Figure 11. Standalone: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Integrated: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. South America Laboratory Information Management Systems (LIMS) Market, by Deployment
Figure 14. On-Premise Delivery Mode: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Web-Based Delivery Mode: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Cloud-Based Delivery Mode: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by Component
Figure 18. Software: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Services: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by Application
Figure 21. Sample Management: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Workflow Automation: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Logistics Management: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Enterprise Resource Planning: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Decision Making: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Records Management: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. South America Laboratory Information Management Systems (LIMS) Market Revenue Share, by End User
Figure 28. Hospitals & Clinics: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Pharmaceutical and Biotechnology Companies: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Contract Research Organizations: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. South America: Laboratory Information Management Systems (LIMS) Market, by Key Country – Revenue (2021) (USD Million)
Figure 33. South America: Laboratory Information Management Systems (LIMS) Market, by Country
Figure 34. Brazil: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
Figure 35. Argentina: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
Figure 36. Rest of SAM: Laboratory Information Management Systems (LIMS) Market – Revenue and Forecast to 2028 (USD Million)
Figure 37. Impact Of COVID-19 Pandemic in South American Country Markets
- THERMO FISHER SCIENTIFIC INC.
- Abbott
- Illumina, Inc.
- LabLynx, Inc.
- LabVantage Solutions, Inc.
- Accelerated Technology Laboratories, Inc.
- LabWare
- Autoscribe Informatics
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America laboratory information management systems (LIMS) market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America laboratory information management systems (LIMS) market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the laboratory information management systems (LIMS) market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution