Global Laboratory Information Systems (LIS) Market Size, Share, Growth Analysis Report - Forecast 2034

Laboratory Information Systems (LIS) Industry Prospective:

The global laboratory information systems (LIS) market size was worth around USD 2.18 Billion in 2024 and is predicted to grow to around USD 3.90 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 6.1% between 2025 and 2034. The report analyzes the global laboratory information systems (LIS) market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the laboratory information systems (LIS) industry.

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Laboratory Information Systems (LIS) Market: Overview

A laboratory information system (LIS) is computer software that processes, stores and manages data from all stages of medical processes and tests. It is used to coordinate varieties of inpatient and outpatient medical testing, including hematology, chemistry, immunology, and microbiology. The electronic data capture process of a laboratory information system reduces time spent and cuts errors associated with the transcribing process. At present, these systems are used widely in public health institutions, such as hospitals and clinics, to maintain data on patients’ tests, tracking of data quality, location and security, and end-user billing.

The laboratory information systems (LIS) market is growing due to the increasing need for the developed healthcare monitoring systems, improved effectiveness of the laboratories, and hospitals, and the laboratories’ position for the information systems. Moreover, the market is driven by the need to control diagnostic faults, rise in long-lasting diseases, utilization of LIS to enhance laboratory clinical workflow efficiency, incorporation of laboratory information systems with Electronic Health Record (EHR) systems, and increase in demand for quality & specific diagnosis.

Laboratory information system (LIS) is a device that records, manages, and stores healthcare information collected during medical processes and tests. Data stored in an LIS database can be managed through various platforms and can be recollected for various references in the future. Laboratory information system allows the storage of data which includes order entry, patient check-in, result entry, patient demographics, and specimen processing. Laboratory information system has its application in independent laboratories, hospitals, and clinics.

Key Insights

• As per the analysis shared by our research analyst, the global laboratory information systems (LIS) market is estimated to grow annually at a CAGR of around 6.1% over the forecast period (2025-2034).
• Regarding revenue, the global laboratory information systems (LIS) market size was valued at around USD 2.18 Billion in 2024 and is projected to reach USD 3.90 Billion by 2034.
• The laboratory information systems (LIS) market is projected to grow at a significant rate due to rising adoption of automation, increasing demand for efficient data management in laboratories, advancements in healthcare IT, and growing regulatory compliance requirements.
• Based on Product, the Standalone LIS segment is expected to lead the global market.
• On the basis of Component, the Services segment is growing at a high rate and will continue to dominate the global market.
• Based on the Delivery Mode, the On-premise segment is projected to swipe the largest market share.
• By End-user, the Hospital Laboratories segment is expected to dominate the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Laboratory Information Systems (LIS) Market: Growth Drivers

Need for laboratory automation

Laboratory automation minimizes human errors due to repetitive tasks such as pipetting and moving plates and improves accuracy. It is emerging as an effective solution for tackling the shortage of laboratory professionals and reducing manual involvement in lab processes. The rise in the data being produced by Laboratory systems has created the necessity for efficient data storage, analysis, and sharing methods. Laboratory information systems offer an effective solution to this demand, as these solutions significantly facilitate, advance, and improve the productivity and efficiency of laboratory processes.

As per the World Health Organization, cardiovascular diseases are one of the causes of death worldwide. About 17.5 million people died because of cardiovascular diseases in 2015 representing 31% of all global deaths. Additionally, as per the World Health Organization estimates, worldwide, there were 14 million new cancer cases in 2012 and 8.8 million deaths resulted due to cancer in 2015. Globally, approximately 1 in 6 deaths is due to cancer. Also, the global burden of these disorders is increasing further owing to the increasing geriatric population base across the world. According to the World Health Organization, the number of people who were aged 60 or above is expected to be doubled by 2050 and will reach 2.1 billion in 2050 from 962 million globally. Thus, laboratory information system (LIS) market has a vast potential in terms of large patient pool and upsurge need for a significant prominent platform to enhance the workflow productivity of clinical laboratories. This is estimated to drive the laboratory information system (LIS) market services over the estimated period.

Laboratory Information Systems (LIS) Market: Restraints

High maintenance costs

The high maintenance and service costs related to LIS form a major restraint on market growth. According to industry experts, the maintenance cost of this system is more than the actual price of the software. Due to these factors, many small and medium-sized laboratories find it difficult to invest in these systems, thereby limiting their implementation. However, with the emergence of cloud-based LIS offerings, the effect of this restraint is expected to decrease in the coming years.

Laboratory Information Systems (LIS) Market: Segmentation Analysis

The global laboratory information systems (LIS) market is segmented based on Product, Component, Delivery Mode, End-user, and region.

By product, the global market is distinguished into Standalone LIS and Integrated LIS. The Integrated LIS segment is anticipated to have the largest share of the market and is poised to dominate the market during the forecast period 2021-2028. The swift growth can be attributed to its various benefits such as automated laboratory administration, reduced risk of errors, integration of instruments and equipment, and higher overall efficiency. Furthermore, integrated LIS eliminates the need for manual order entry, which disregards any risk of human errors and saves time. The system makes use of barcode technology with an interface to LIS for order entry and tracking.

On the basis of Component, the global laboratory information systems (LIS) market is bifurcated into Services and Software.

By Delivery Mode, the global market is bifurcated into On-premise and Cloud-based. Among them, the On-premise segment accounted for the largest share of the market in 2021. It requires the laboratories to have a license of the software. As this licensed copy stays within the laboratory, it can provide much higher data protection than the Cloud-based delivery mode. On-Premise delivery requires in-house server hardware, software licenses, integration capabilities, and IT employees in order to function properly. Though, in Cloud-based, a third-party host will provide the services. However, the Cloud-based delivery mode segment is also anticipated to witness significant growth during the forecast period.

In terms of End-user, the global laboratory information systems (LIS) market is categorized into Hospital Laboratories, Independent Laboratories, POLs, and other end-users.

Laboratory Information Systems (LIS) Market: Report Scope

Laboratory Information Systems (LIS) Market: Regional Landscape

North America dominated the laboratory information systems market followed by Europe and the Asia Pacific. North America’s dominance in the market can be accredited to the strong economic countries-US and Canada, which have enabled significant investments in new technologies, growth in biobanks, easy availability of LIS products & services, and stringent regulatory requirements across industries. Factors contributing to the growth of this region includes exceedingly developed healthcare infrastructure, high healthcare expenditure, and increasing penetration of IT in the healthcare sector. Additionally, growth in the Asia Pacific region during the forecast period is due to the increase in disposable income, rising elderly population, and growth in public healthcare funding in major emerging economies like India and China.

Recent Developments

• January 2021 - SCC Soft Computer’s SoftBank.web version 25.6, with enhanced features to rise productivity in the laboratory while maintaining compliance with safety regulations, received 510(k) clearance from the US Food and Drug Administration.
• December 2020 - CompuGroup Medical (Germany) acquired Schuyler House, an established developer of LIS, to increase its footprint in the US and expand its portfolio of lab management software.
• December 2020 - Cerner Corporation (US) collaborated with Xealth to foster digital innovation and strengthen connections between providers and patients.

Laboratory Information Systems (LIS) Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the laboratory information systems (LIS) market on a global and regional basis.

The global laboratory information systems (LIS) market is dominated by players like:

• Orchard Software Corporation (US)
• Sunquest Information Systems (US)
• Cerner Corporation (US)
• CompuGroup Medical (Germany)
• Computer Programs and Systems Inc. (US)
• Meditech (US)
• SCC Soft Computer (US)
• Epic Systems Corporation (US)
• Comp Pro Med (US)
• American Soft Solutions Corp. (US)
• Allscripts Healthcare Solutions Inc (US)
• WebPathLab (US)
• XIFIN (US)
• Clinsis (Nicaragua)
• Computer Service and Support (CSSLIS) (US)
• ASPYRA LLC (US)
• Apex Healthware (US)
• Pathagility (US)
• LabVantage Solutions (US)
• HEX Laboratory Systems (US)
• LigoLab Information Systems (US)
• TECHNIDATA (France)
• Seacoast Laboratory Data Systems (US)
• Alphasoft GmbH (Germany) and Dendi Inc (US)

The global laboratory information systems (LIS) market is segmented as follows;

By Product

• Standalone LIS
• Integrated LIS

By Component

• Services
• Software

By Delivery Mode

• On-premise
• Cloud-based

By End-user

• Hospital Laboratories
• Independent Laboratories
• POLs
• and other end-users

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America