HEALTHCARE
LABORATORY INFORMATION SYSTEM/LIS MARKET ANALYSIS & FORECASTS TO 2021
LABORATORY INFORMATION SYSTEM/LIS MARKET - ANALYSIS & FORECASTS TO 2021 [By Product (Standalone, Integrated), By Component (Services, Software), By End User (Hospital Labs, Independent Labs), By Delivery Mode (On-Premise, Web-Based, Cloud-Based)]
REPORT OVERVIEW 1.1
OBJECTIVES OF THE STUDY •
To define and measure the global laboratory information systems market on the basis of product, component, delivery mode, end user, and region
•
To identify the key micromarkets and their drivers within the global laboratory information systems market, which are expected to show impressive growth opportunities in the coming years
•
To identify the market trends and opportunities for all the stakeholders
•
To strategically analyze the market structure and profile the key players of the global laboratory information systems market and comprehensively analyze their core competencies
•
To track and analyze competitive developments such as product deployments; agreements, alliances, collaborations, and partnerships; new product launches (including product integrations and product enhancements); acquisitions; expansions (including service expansions); and other strategies (certification, approval, and accreditation)
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
1
INTRODUCTION
1.2
MARKET DEFINITION
•
A laboratory information system (LIS) is a software system that records, manages, and stores data for clinical laboratories. LIS has traditionally been most adept at sending laboratory test orders to lab instruments, tracking those orders, and then recording the results, typically to a searchable database. Physicians and lab technicians use laboratory information systems to coordinate varieties of inpatient and outpatient medical testing, including hematology, chemistry, immunology, and microbiology. Basic laboratory information systems commonly have features that manage patient check in, order entry, specimen processing, result entry, and patient demographics. An LIS tracks and stores clinical details about a patient during a lab visit, and keeps the information stored in its database for future reference.
1.3
MARKET SCOPE •
This report studies the laboratory information systems market, by product, component, delivery mode, end user, and region, to arrive at the revenue generated in the market from 2014 to 2021
•
Laboratory information systems integrated with electronic health record (EHR) systems are considered in this report. Hence, only some portion of these integrated solutions are considered in the study scope
1.3.1 MARKETS COVERED •
MARKET SEGMENTATION BY PRODUCT
BY DELIVERY MODE
BY COMPONENT
BY END USER
• Standalone LIS
• On-premise LIS
•
Software
• Hospital Laboratories
• Integrated LIS
• Cloud-based LIS
•
Services
• Independent Laboratories
• Web-based LIS
• Physician Office Laboratories (POL) • Other End Users (Blood Banks, Retail Clinics, Nursing Homes)
BY REGION • North America U.S. Canada
• Europe Germany U.K. France RoE
• Asia-Pacific • Rest of the World (RoW) (Africa, Brazil, and the Middle East)
•
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
2
INTRODUCTION
1.3.2 YEARS CONSIDERED FOR THE STUDY •
2021-p 2016-e 2015 2014
HISTORICAL YEAR •
BASE YEAR
ESTIMATED YEAR
PROJECTED YEAR
Note: For market estimates, the calendar year has been considered; for company profiles, the fiscal year has been considered.
1.4 CURRENCY •
The currency used in the report is USD, with market sizes indicated in USD million. •
For companies reporting their revenues in USD, the revenues were taken from their annual reports
•
For companies reporting their revenues in other currencies, the average annual currency conversion rate was used for the particular year to convert the value to USD
1.5 LIMITATIONS •
The country-wise splits for Asia-Pacific and the RoW regions have not been included in this report
•
Some of the companies in this market are privately owned and their revenues are not available in the public domain. Hence, revenues for those companies are not included in this report
•
Due to the unavailability of 2016 annual reports, the information for 2015 has been provided for the company profiles
•
The company developments not reported in the public domain are not included in the report.
•
Laboratory information management systems (LIMS) are not covered under the scope of the study. However, there may be some overlap between LIMS and LIS systems at certain levels.
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
3
INTRODUCTION
1.6 STAKEHOLDERS •
Healthcare IT vendors
•
Hospital laboratories
•
Physician office laboratories
•
Commercial/independent laboratories
•
Healthcare payers
•
Healthcare associations/institutes
•
Healthcare IT service providers
•
Government bodies
•
Accountable care organizations
•
Business research and consulting service providers
•
Venture capitalists
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
4
RESEARCH METHODOLOGY
2.1
RESEARCH METHODOLOGY STEPS • FIGURE 1
GLOBAL LABORATORY INFORMATION SYSTEMS MARKET: RESEARCH METHODOLOGY STEPS
•
• Market classification for the overall laboratory information systems market • Technical information on the laboratory information systems market, by product, delivery mode, component, end user, and region • Key players in the laboratory information systems market • Technological developments • Annual reports, SEC filings/investor presentations, and press releases of the key industry players • Market size of the laboratory information systems market • Validation of market drivers, restraints, challenges, and opportunities • Regional markets with their market shares • Market trends and forecasts • Value validation • Global market size estimation • Top-down approach • Bottom-up approach • Data triangulation • Market estimation • Market forecast • Qualitative and quantitative analysis
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
5
RESEARCH METHODOLOGY
2.2
SECONDARY AND PRIMARY RESEARCH METHODOLOGY
2.2.1 SECONDARY RESEARCH •
Secondary sources were used to identify and collect useful information for this extensive, technical, and commercial study of the global laboratory information systems market.
2.2.1.1 KEY DATA FROM SECONDARY SOURCES SECONDARY SOURCES
PARAMETERS
•
MARKET SIZE
• • • • • •
Company Financials Magazines Journals Press Releases Paid Databases MarketsandMarkets Data Repository
REVENUE OF THE COMPANIES
• • • •
Annual Reports Company Websites Public Databases MarketsandMarkets Data Repository
QUALITATIVE INFORMATION (Market Dynamics and Trends)
• • • •
Company Websites Annual Reports Press Releases MarketsandMarkets Data Repository
•
• ASSOCIATIONS/ORGANIZATIONS/INSTITUTES: • THE FOLLOWING NON-EXCLUSIVE LIST OF SECONDARY SOURCES WAS REFERRED TO:
•
•
Food and Drug Administration
•
The College of American Pathologists
•
American Society for Clinical Pathology
•
Centers for Medicare and Medicaid Services
•
European Society of Pathology
•
European Coordination Committee of the Radiological Electromedical and Health Care IT Industry (COCIR)
•
American Health Information Management Association (AHIMA)
The secondary research involved three major activities: • BACKGROUND STUDY •
To build a basic understanding of different types of laboratory information system products, delivery modes, components, and end users
•
MarketsandMarkets data repository analysis, followed by drawing and updating data tables by using current information
•
Identifying data gaps and key players in each segment
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
6
RESEARCH METHODOLOGY
• MARKET UNDERSTANDING •
Identifying stakeholders and key decision makers in different regions
•
Selection criteria of key decision makers
•
Analyzing the competitive landscape
•
•
Major players with their product portfolios
•
Strategies adopted by the players to position their products
Regional market analysis
• TRENDS •
Identifying and analyzing key products and trends to draw notes and include the consideration in the final forecasts
•
Major drivers, restraints, challenges, and opportunities prevailing in the market
2.2.2 PRIMARY RESEARCH •
Industry experts such as CEOs, presidents, vice presidents, directors, marketing directors, marketing managers, and related key executives from various key companies and organizations in the laboratory information systems industry were interviewed to obtain and verify both qualitative and quantitative aspects of this research study. •
A robust primary research methodology has been adopted to validate the contents of the report and to fill in the gaps
•
A telephonic and e-mail communication mode was adopted to conduct interviews (questionnaires were designed and sent to primary participants as per their convenience)
2.2.2.1 KEY INDUSTRY INSIGHTS
“
Integrated LIS solutions hold the largest share in the global laboratory information systems market.
“
Managing Director of a Leading Company, U.S.
“
AVP, Product Development of a Leading Company, U.S.
CEO & President of a Leading Company, China
“
Interoperability between systems and security of patient lab data are a constraint on the efficient establishment of an LIS.
“
Senior LIS Consultant, U.S.
“
Growth of next-generation sequencing, pharmacogenomics, and molecular diagnostic laboratories are propelling the demand for advanced laboratory information systems.
“
Digitization of healthcare services and growing healthcare expenditure are driving the growth of the LIS market in European countries.
“
“
Growth in the Asian LIS market is attributed to the large number of government initiatives, investments, and reforms; and growing healthcare industry in this region.
“
•
Technical Sales, VP of a Leading Company, Denmark
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
7
RESEARCH METHODOLOGY
• FIGURE 2 •
BREAK DOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION PRIMARIES: BY COMPANY TYPE
PRIMARIES: BY DESIGNATION
8%
PRIMARIES: BY COUNTRY 9%
15% 21% 50%
42%
41%
54%
31%
26%
Tier 1 Company
Tier 2 Company
Tier 3 Company •
Director-level
C-level
Others*
North America
Europe
Asia-Pacific
RoW
Note: *Others include sales managers, marketing managers, business development managers, product managers, distributors, and suppliers. Company categorization according to revenue, as of 2015: Tier 1 (Revenue: More than USD 500 million), Tier 2 (Revenue: USD 100 million to USD 500 million), and Tier 3 (Revenue: Less than USD 100 million).
2.2.2.2 KEY DATA FROM PRIMARY SOURCES •
TYPE
PARAMETERS
DATA
Overall market and subsegments in 2016
REGIONAL SPLIT
Global laboratory information systems market, by region [North America, Europe, Asia-Pacific, and the Rest of the World (RoW)]
CAGR of each region in the forecast period (2016–2021)
Global laboratory information systems market
GLOBAL MARKET SIZE
The global market size for 2016
Global laboratory information systems market, by segment (product, delivery mode, component, end user, and region)
CAGR for the forecast period (2016–2021)
Global laboratory information systems market, by product
Standalone LIS and integrated LIS On-premise, cloud-based, and web-based LIS
MARKET SPLIT
Software and services. Hospital laboratories, independent laboratories, physician office laboratories (POLs), and other end users (retail clinics and nursing homes)
Global laboratory information systems market, by delivery Mode Global laboratory information systems market, by component Global laboratory information systems market, by end user
•
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
8
RESEARCH METHODOLOGY
2.2.2.3 KEY INSIGHTS FROM PRIMARY SOURCES PARAMETERS
•
GLOBAL LABORATORY INFORMATION SYSTEMS MARKET
INSIGHTS
• Growth of the laboratory information systems market is attributed to strong government support & initiatives, increased measures to enhance healthcare and diagnostic quality & coordination, rising need to curtail laboratory costs, and increasing usage of EHRs
• North America is estimated to account for the largest share of around ~50% in 2016 and is expected to grow at a CAGR of 9% from 2016 to 2021
GLOBAL LABORATORY INFORMATION SYSTEMS MARKET, BY REGION
DRIVERS AND CHALLENGES OF THE MARKET
• Growth in this market is attributed to the implementation of the federal mandates, robust healthcare IT infrastructure required in increasing number of accountable care organizations (ACOs), substantial government funding & initiatives in the U.S., growing adoption of EHRs among hospitals in the U.S., and digital health measures in Canada among others
• According to primary sources, government support & initiatives, increasing prevalence of chronic diseases, efforts to upgrade laboratory services, and rising need to curtail laboratory diagnostic costs are driving the growth of this market • According to primary sources, interoperability issues between various healthcare IT systems and data storage are likely to pose challenges impacting the market growth
•
2.3
MARKET SIZE ESTIMATION METHODOLOGY
•
Both, top-down and bottom-up approaches were used to estimate and validate the size of the global laboratory information systems market and to estimate the size of various other dependent submarkets in the overall laboratory information market. The research methodology used to estimate the market size includes the following details:
•
The key players in the market were identified through secondary research and the LIS contracts by these key players were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined by using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
9
RESEARCH METHODOLOGY
• FIGURE 3
MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
• Market Size Estimation of the Laboratory Information System (LIS) Market (Value Analysis) Calculation of the market to 100% to arrive at the global LIS market
PRIMARY RESEARCH: Industry Experts/Key Opinion Leaders (KOLs)/Subject-matter Experts (SMEs) from Demand and Supply Sides
U.S. accounts for 50%–55% of the global LIS market Calculation of the market to 100% to arrive at the U.S. LIS market Multiplying the total number of contracts with the average price of LIS contracts/year, by company, to arrive at ~70%-80% of the U.S. LIS market Estimating the average price of LIS contracts (USD), by company Arriving at the number of LIS contracts /year, by company, to an extent of ~70%-80% of the U.S. market
SECONDARY RESEARCH: Healthcare Information Management Systems Society (HIMSS), Society for Laboratory Automation and Screening, American Association for Clinical Chemistry (AACC), European Coordination Committee of the Radiological Electrometrical and Health Care IT Industry (COCIR), American Health Information Management Association (AHIMA), U.S. Food and Drug Administration, The College of American Pathologists (CAP), American Society for Clinical Pathology, and Centers for Medicare and Medicaid Services (CMS)
Generating the list of key players operating in the U.S. market
•
Note: A refers to the global LIS market (in terms of value).
• FIGURE 4
MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
• Global laboratory information systems market
Percentage split of segments (product, delivery mode, component, end user, and region)
Market size of segments, subsegments, and regions, by value
•
PRIMARY RESEARCH: Industry Experts/Key Opinion Leaders (KOLs)/Subject-matter Experts (SMEs) from Demand and Supply Sides SECONDARY RESEARCH: Healthcare Information Management Systems Society (HIMSS), Society for Laboratory Automation and Screening, American Association for Clinical Chemistry (AACC), European Coordination Committee of the Radiological Electrometrical and Health Care IT Industry (COCIR), American Health Information Management Association (AHIMA), U.S. Food and Drug Administration, The College of American Pathologists (CAP), American Society for Clinical Pathology, and Centers for Medicare and Medicaid Services (CMS)
Note: A refers to the global LIS market (in terms of value).
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
10
RESEARCH METHODOLOGY
2.4
MARKET FORECAST METHODOLOGY • FIGURE 5
•
RESEARCH DESIGN
HISTORICAL DATA FOR THE LABORATORY INFORMATION SYSTEMS MARKET
COMPANY REVENUES AND R&D EXPENSES
REGIONAL USAGE PATTERN AND TECHNOLOGY TRENDS
MARKET DRIVERS:
MARKET RESTRAINTS:
MARKET OPPORTUNITIES:
•
•
High cost of laboratory information system (LIS)systems
•
Personalized medicine to open an array of opportunities
•
Lack of skilled IT professionals in the healthcare industry
•
Emerging markets
•
PRODUCT DEPLOYMENTS: About 47 deals in the last three years
MARKET CHALLENGES:
•
NEW PRODUCT LAUNCHES, INTEGRATION AND ENHANCEMENTS: About 31 deals in the last three years
•
AGREEMENTS, COLLABORATIONS AND PARTNERSHIPS: About 27 deals in the last three years
•
ACQUISITIONS: About 14 deals in the last three years
•
EXPANSIONS: About 3 deals in last three years
•
INFLUENCING FACTORS (Market Trends and Dynamics)
COMPETITIVE LANDSCAPE
•
• • • •
Rising prevalence and incidence of chronic diseases Strong government support and initiatives to drive healthcare IT market Increasing adoption of laboratory information system (LIS)to enhance laboratory efficiency Integration of laboratory information systems (LIS) and EHR systems Growing need to curb diagnostic errors Favourable reimbursement scenario for laboratories in the U.S. Introduction of new and advanced products
•
Interoperability and technical issues
•
Requirement of specialized laboratory units for microbiology, chemistry, and haematology
•
Large image size creates data storage challenges
GEOGRAPHICAL ANALYSIS: Market dynamics and business environment in North America, Europe, Asia-Pacific, and the Rest of the World (RoW: Latin America, the Middle East, and Africa)
HISTORICAL DATA OF THE MARKET
FORECAST PERIOD (2016–2021)
IMPACT ANALYSIS OF MARKET TRENDS
MARKET SIZE & FORECAST: •
By Product
•
By Delivery Mode
•
By Component
•
By End User
•
By Region
ARRIVE AT THE MARKET SIZE AND CAGR FOR THE LABORATORY INFORMATION SYSTEMS MARKET
•
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
11
RESEARCH METHODOLOGY
2.5
MARKET DATA VALIDATION AND TRIANGULATION
•
In order to complete the overall market engineering process and to arrive at the exact statistics for all the market segments and subsegments, data triangulation and market validation procedures explained below were implemented, wherever applicable. • FIGURE 6
•
DATA TRIANGULATION METHODOLOGY
PRIMARY SOURCES
SECONDARY SOURCES
SUPPLY SIDE
DEMAND SIDE
INTERVIEWS WITH: • Laboratory Information System Solutions Manufacturing Companies • Original Solutions Manufacturing Companies • Suppliers and Distributors of Laboratory Information Systems Solutions • Teaching Hospitals and Academic Medical Centers (AMCs) • Research and Consulting Firms
Annual Reports, Presentations, Websites, and Press Releases of Top Players; News Articles; Journals; and Paid Databases
PRIMARY SOURCE
DATA TRIANGULATION
INTERVIEWS WITH:
SECONDARY SOURCE
• Presidents, CEOs, Vice Presidents, Directors, General Managers, and Senior Managers • Product/Sales/Marketing Specialists and Business Intelligence Consultants
Key Players
Healthcare Information Management Systems Society (HIMSS), Society for Laboratory Automation and Screening, American Association for Clinical Chemistry (AACC), European Coordination Committee of the Radiological Electrometrical and Health Care IT Industry (COCIR), American Health Information Management Association (AHIMA), U.S. Food and Drug Administration, The College of American Pathologists (CAP), American Society for Clinical Pathology, and Centers for Medicare and Medicaid Services (CMS).
MnM KNOW*
INFORMATION SOURCED
Competitive Landscape
Drivers, Restraints, and Opportunities
Opportunities and Challenges
Forecast (2016–2021)
Market Size (2016)
Geographical Analysis
MnM KNOW* stands for MarketsandMarkets’ 'Knowledge Asset Management' framework. In this context, it stands for existing market research knowledge repository of over 5,000 granular markets, our flagship competitive intelligence and market research platform "RT", subject matter experts, and independent consultants. MnM KNOW acts as an independent source that helps us validate information gathered from primary and secondary sources . •
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
12
RESEARCH METHODOLOGY
2.6 ASSUMPTIONS ASSUMPTIONS
PARAMETERS
•
MARKET ASSUMPTIONS
• There will be no drastic changes in the market scenario during the forecast period • The increase/decrease in demographic conditions (such as population, obesity, and age) is expected to continue for the next five years in the key geographies
REGULATORY ASSUMPTIONS
• There will be no changes in regulations and reimbursement that have a huge impact on the industry
EXCHANGE RATES
• It has been assumed that dollar fluctuations will not affect the forecast to a significant extent
ECONOMY
• A positive economic climate will continue in Asia-Pacific countries till the end of 2021 • Current government R&D spending patterns were assumed to be persistent in major countries across the four regions during the forecast period
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
13
TABLE OF CONTENTS
1 INTRODUCTION.........................................................................................................................17 •
1.1
OBJECTIVES OF THE STUDY...........................................................................................................................................17
•
1.2
MARKET DEFINITION.......................................................................................................................................................17
•
1.3
MARKET SCOPE...............................................................................................................................................................18
•
1.3.1
MARKETS COVERED......................................................................................................................................18
•
1.3.2
YEARS CONSIDERED FOR THE STUDY.........................................................................................................18
•
1.4 CURRENCY......................................................................................................................................................................19
•
1.5 LIMITATIONS....................................................................................................................................................................19
•
1.6 STAKEHOLDERS...............................................................................................................................................................19
2
RESEARCH METHODOLOGY.....................................................................................................20 •
2.1
RESEARCH METHODOLOGY STEPS................................................................................................................................20
•
2.2
SECONDARY AND PRIMARY RESEARCH METHODOLOGY.............................................................................................21
•
2.2.1
• •
SECONDARY RESEARCH...............................................................................................................................21 2.2.1.1
2.2.2
KEY DATA FROM SECONDARY SOURCES................................................................................21
PRIMARY RESEARCH....................................................................................................................................22
•
2.2.2.1
KEY INDUSTRY INSIGHTS........................................................................................................23
•
2.2.2.2
KEY DATA FROM PRIMARY SOURCES.....................................................................................24
•
2.2.2.3
KEY INSIGHTS FROM PRIMARY SOURCES..............................................................................24
•
2.3
MARKET SIZE ESTIMATION METHODOLOGY..................................................................................................................25
•
2.4
MARKET FORECAST METHODOLOGY.............................................................................................................................27
•
2.5
MARKET DATA VALIDATION AND TRIANGULATION........................................................................................................28
•
2.6 ASSUMPTIONS................................................................................................................................................................29
3
EXECUTIVE SUMMARY..............................................................................................................30 •
3.1
CURRENT AND FUTURE OUTLOOK.................................................................................................................................30
•
3.2 CONCLUSION..................................................................................................................................................................34
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
14
TABLE OF CONTENTS
4
PREMIUM INSIGHTS.................................................................................................................35 •
4.1
LABORATORY INFORMATION SYSTEMS: MARKET OVERVIEW.......................................................................................35
•
4.2
GEOGRAPHIC ANALYSIS: LABORATORY INFORMATION SYSTEMS MARKET, BY END USER........................................36
•
4.3
LABORATORY INFORMATION SYSTEMS MARKET, BY PRODUCT..................................................................................37
•
4.4
LABORATORY INFORMATION SYSTEMS MARKET, BY COMPONENT.............................................................................37
•
4.5
LABORATORY INFORMATION SYSTEMS MARKET, BY DELIVERY MODE........................................................................38
•
4.6
GEOGRAPHIC SNAPSHOT: LABORATORY INFORMATION SYSTEMS MARKET...............................................................39
5
MARKET OVERVIEW..................................................................................................................40 •
5.1 INTRODUCTION...............................................................................................................................................................41
•
5.2
MARKET SEGMENTATION................................................................................................................................................41
•
5.3
MARKET DYNAMICS........................................................................................................................................................42
•
5.3.1 DRIVERS........................................................................................................................................................43
•
5.3.1.1
RISING PREVALENCE AND INCIDENCE OF CHRONIC DISEASES............................................43
•
5.3.1.2
STRONG GOVERNMENT SUPPORT AND INITIATIVES TO PROMOTE HEALTHCARE IT IMPLEMENTATION.......................................................................44
•
5.3.1.3
INCREASING ADOPTION OF LABORATORY INFORMATION SYSTEMS TO ENHANCE LAB EFFICIENCY.....................................................................................................45
•
5.3.1.4
INTEGRATION OF LABORATORY INFORMATION SYSTEMS AND EHR SYSTEMS....................45
•
5.3.1.5
GROWING NEED TO CURB THE RISING NUMBER OF DIAGNOSTIC ERRORS.........................45
•
5.3.1.6
REIMBURSEMENT SCENARIO FOR LABORATORIES IN THE U.S.............................................46
•
5.3.1.7
INTRODUCTION OF NEW AND ADVANCED PRODUCTS..........................................................46
•
5.3.2 RESTRAINTS..................................................................................................................................................47
•
5.3.2.1
HIGH COST OF LABORATORY INFORMATION SYSTEMS........................................................47
•
5.3.2.2
LACK OF SKILLED IT PROFESSIONALS IN THE HEALTHCARE INDUSTRY..............................48
•
5.3.3 OPPORTUNITIES............................................................................................................................................48
•
5.3.3.1
PERSONALIZED MEDICINE TO OPEN AN ARRAY OF OPPORTUNITIES...................................48
•
5.3.3.2
EMERGING MARKETS..............................................................................................................49
•
5.3.4 CHALLENGES................................................................................................................................................50
•
5.3.4.1
INTEROPERABILITY AND TECHNICAL ISSUES........................................................................50
•
5.3.4.2
REQUIREMENT OF SPECIALIZED LABORATORY UNITS FOR MICROBIOLOGY, CHEMISTRY, AND HEMATOLOGY PRESENT CHALLENGES FOR LIS VENDORS.....................50
•
5.3.4.3
LARGE IMAGE SIZE CREATES DATA STORAGE CHALLENGES.................................................50
sales@marketsandmarkets.com
www.marketsandmarkets.com
15
TABLE OF CONTENTS
•
6
5.4
INTEROPERABILITY STANDARDS AND REGULATORY IMPLICATIONS...........................................................................51
•
5.4.1
PROCESS STANDARDS.................................................................................................................................51
•
5.4.2
TECHNICAL STANDARDS..............................................................................................................................51
•
5.4.3
STRUCTURE AND SYNTAX............................................................................................................................51
•
5.4.4 TRANSPORT...................................................................................................................................................52
•
5.4.5
PRIVACY & SECURITY...................................................................................................................................52
•
5.4.6
SEMANTIC STANDARDS................................................................................................................................53
LABORATORY INFORMATION SYSTEMS (LIS) MARKET, BY PRODUCT...................................55 •
6.1 INTRODUCTION...............................................................................................................................................................56
•
6.2
STANDALONE LIS............................................................................................................................................................57
•
6.3
INTEGRATED LIS..............................................................................................................................................................59
7
LABORATORY INFORMATION SYSTEMS (LIS) MARKET, BY DELIVERY MODE........................61 •
7.1 INTRODUCTION...............................................................................................................................................................62
•
7.2
ON-PREMISE LIS.............................................................................................................................................................63
•
7.3
WEB-BASED LIS...............................................................................................................................................................65
•
7.4
CLOUD-BASED LIS..........................................................................................................................................................66
8
LABORATORY INFORMATION SYSTEMS (LIS) MARKET, BY COMPONENT..............................68 •
8.1 INTRODUCTION...............................................................................................................................................................69
•
8.2 SERVICES.........................................................................................................................................................................70
•
8.3 SOFTWARE.......................................................................................................................................................................72
9
LABORATORY INFORMATION SYSTEMS (LIS) MARKET, BY END USER...................................74 •
9.1 INTRODUCTION...............................................................................................................................................................75
•
9.2
HOSPITAL LABORATORIES..............................................................................................................................................76
•
9.3
INDEPENDENT LABORATORIES.......................................................................................................................................78
•
9.4
PHYSICIAN OFFICE LABORATORIES...............................................................................................................................80
•
9.5
OTHER END USERS..........................................................................................................................................................82
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
16
TABLE OF CONTENTS
10
GLOBAL LABORATORY INFORMATION (LIS) SYSTEMS MARKET, BY REGION........................85
•
10.1 INTRODUCTION...............................................................................................................................................................86
•
10.2
NORTH AMERICA.............................................................................................................................................................88
•
10.2.1 U.S.................................................................................................................................................................91
•
10.2.1.1
INCREASING HEALTHCARE SPENDING AND BURDEN OF CHRONIC DISEASES....................91
•
10.2.1.2
REGULATORY MANDATES IN THE U.S.....................................................................................92
•
10.2.1.3
INVESTMENTS FOR HCIT IN THE U.S......................................................................................92
•
10.2.1.4
INITIATIVES BY INDUSTRY PLAYERS TO ADVANCE LABORATORY DIAGNOSIS.....................93
•
•
10.2.2 CANADA.........................................................................................................................................................95
•
10.2.2.1
IMPLEMENTATION OF FAVORABLE INITIATIVES BY CANADIAN AUTHORITIES......................95
•
10.2.2.2
GROWING NEED FOR QUALITY CANCER DIAGNOSIS IN CANADA.........................................96
•
10.2.2.3
RISING PERSONALIZED MEDICINE INITIATIVES IN CANADA..................................................96
10.3 EUROPE............................................................................................................................................................................99 •
10.3.1 GERMANY....................................................................................................................................................102
• •
10.3.1.1
10.3.2 U.K...............................................................................................................................................................104
• •
10.3.2.1
•
GOVERNMENT INITIATIVES IN THE U.K. LIKELY TO PROPEL THE ADOPTION OF LABORATORY INFORMATION SYSTEMS................................................104
10.3.3 FRANCE.......................................................................................................................................................107
• •
GROWING FOCUS OF PLAYERS ON THE LIS MARKET IN GERMANY....................................102
10.3.3.1
GROWING GERIATRIC POPULATION TO CREATE A POTENTIAL MARKET FOR DIGITAL HEALTHCARE IN FRANCE.................................................................................107
10.3.4 ROE..............................................................................................................................................................109
10.4 ASIA-PACIFIC................................................................................................................................................................112 •
10.4.1
INVESTMENTS AND REFORMS TO MODERNIZE CHINA’S HEALTHCARE INFRASTRUCTURE....................114
•
10.4.2
GROWING EHR ADOPTION IN CHINA..........................................................................................................114
•
10.4.3
CANCER DIAGNOSTIC INITIATIVES TO PROPEL THE MARKET IN JAPAN..................................................115
•
10.4.4
RAPIDLY GROWING INDIAN HEALTHCARE INDUSTRY...............................................................................115
•
10.4.5
GROWTH IN MEDICAL TOURISM TO INCREASE THE BURDEN ON CLINICAL LABORATORIES.................115
•
10.4.6
IMPLEMENTATION OF HCIT PROGRAMS IN AUSTRALIA AND NEW ZEALAND..........................................116
•
10.4.7
GOVERNMENT INITIATIVES TO BOOST HEALTHCARE IT IN SINGAPORE...................................................116
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
17
TABLE OF CONTENTS
•
11
10.5 ROW...............................................................................................................................................................................119 •
10.5.1
POTENTIAL FOR GROWTH OF THE LABORATORY INFORMATION SYSTEMS MARKET IN AFRICA............120
•
10.5.2
RISING AWARENESS REGARDING HCIT SOLUTIONS IN BRAZIL................................................................120
•
10.5.3
MODERNIZATION OF HEALTHCARE SYSTEMS IN THE MIDDLE EAST.......................................................120
COMPETITIVE LANDSCAPE.....................................................................................................124
•
11.1 OVERVIEW......................................................................................................................................................................124
•
11.2
12
COMPETITIVE SITUATION AND TRENDS.......................................................................................................................125
•
11.2.1
PRODUCT DEPLOYMENTS..........................................................................................................................126
•
11.2.2
PRODUCT LAUNCHES, ENHANCEMENTS, AND INTEGRATION..................................................................127
•
11.2.3
AGREEMENTS, ALLIANCES, PARTNERSHIPS, AND COLLABORATIONS.....................................................129
•
11.2.4 ACQUISITIONS.............................................................................................................................................130
•
11.2.5 EXPANSIONS...............................................................................................................................................132
•
11.2.6
OTHER DEVELOPMENTS.............................................................................................................................133
COMPANY PROFILES...............................................................................................................134 •
(Business Overview, Company Snapshot, Recent Developments, & MnM View)*
•
12.1 INTRODUCTION.............................................................................................................................................................134
•
12.2
CERNER CORPORATION................................................................................................................................................135
•
12.3
MCKESSON CORPORATION..........................................................................................................................................138
•
12.4
SUNQUEST INFORMATION SYSTEMS, INC. (ACQUIRED BY ROPER TECHNOLOGIES, INC.).......................................141
•
12.5
EPIC SYSTEMS CORPORATION.....................................................................................................................................144
•
12.6
MEDITECH (MEDICAL INFORMATION TECHNOLOGY, INC.).........................................................................................145
•
12.7
COMPUGROUP MEDICAL AG........................................................................................................................................147
•
12.8
COMPUTER PROGRAMS AND SYSTEMS, INC. (CPSI).................................................................................................150
•
12.9
MERGE HEALTHCARE, INC. (SUBSIDIARY OF INTERNATIONAL BUSINESS MACHINES (IBM) CORP.)........................152
•
12.10 SCC SOFT COMPUTER..................................................................................................................................................154
•
12.11 ORCHARD SOFTWARE CORPORATION..........................................................................................................................155
•
*Details on MarketsandMarkets view, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments might not be captured in case of unlisted companies.
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
18
TABLE OF CONTENTS
13 APPENDIX................................................................................................................................157 •
13.1
DISCUSSION GUIDE......................................................................................................................................................157
•
13.2
COMPANY DEVELOPMENTS (2013–2016)...................................................................................................................162
•
13.3
KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL...................................................................166
•
13.4
INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE..............................................................................................168
•
13.5
AVAILABLE CUSTOMIZATIONS......................................................................................................................................168
•
13.6
RELATED REPORTS........................................................................................................................................................169
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
19
LIST OF TABLES
• TABLE 1
KEY REGULATIONS & STANDARDS GOVERNING HEALTHCARE INFORMATION TECHNOLOGIES ACROSS THE GLOBE.....................................................................................53
• TABLE 2
GLOBAL LIS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION)..........................................................56
• TABLE 3
STANDALONE LIS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)....................................................57
• TABLE 4
NORTH AMERICA: STANDALONE LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................58
• TABLE 5
EUROPE: STANDALONE LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................58
• TABLE 6
INTEGRATED LIS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)......................................................59
• TABLE 7
NORTH AMERICA: INTEGRATED LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................60
• TABLE 8
EUROPE: INTEGRATED LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................60
• TABLE 9
GLOBAL LIS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION)...............................................62
• TABLE 10
ON-PREMISE LIS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION).....................................................63
• TABLE 11
NORTH AMERICA: ON-PREMISE LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................64
• TABLE 12
EUROPE: ON-PREMISE LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................64
• TABLE 13
WEB-BASED LIS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION).......................................................65
• TABLE 14
NORTH AMERICA: WEB-BASED LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................65
• TABLE 15
EUROPE: WEB-BASED LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)....................................66
• TABLE 16
CLOUD-BASED LIS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)..................................................67
• TABLE 17
NORTH AMERICA: CLOUD-BASED LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................67
• TABLE 18
EUROPE: CLOUD-BASED LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................67
• TABLE 19
GLOBAL LIS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION)....................................................69
• TABLE 20
LIS SERVICES MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)..........................................................71
• TABLE 21
NORTH AMERICA: LIS SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................71
• TABLE 22
EUROPE: LIS SERVICES MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)........................................71
sales@marketsandmarkets.com
www.marketsandmarkets.com
20
LIST OF TABLES
• TABLE 23
LIS SOFTWARE MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)........................................................72
• TABLE 24
NORTH AMERICA: LIS SOFTWARE MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................73
• TABLE 25
EUROPE: LIS SOFTWARE MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)......................................73
• TABLE 26
LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION)...............................................................................................................................76
• TABLE 27
LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR HOSPITAL LABORATORIES, BY COUNTRY/REGION, 2014–2021 (USD MILLION).........................................................................................77
• TABLE 28
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR HOSPITAL LABORATORIESLABORATORIES, BY COUNTRY, 2014–2021 (USD MILLION)...................................................77
• TABLE 29
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR HOSPITAL LABORATORIESLABORATORIES, BY COUNTRY, 2014–2021 (USD MILLION)...................................................77
• TABLE 30
LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR INDEPENDENT LABORATORIES, BY REGION, 2014–2021 (USD MILLION)..........................................................................................................79
• TABLE 31
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR INDEPENDENT LABORATORIESLABORATORIES, BY COUNTRY, 2014–2021 (USD MILLION)...................................................79
• TABLE 32
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR INDEPENDENT LABORATORIESLABORATORIES, BY COUNTRY, 2014–2021 (USD MILLION)...................................................80
• TABLE 33
LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR PHYSICIAN OFFICE LABORATORIES, BY REGION, 2014–2021 (USD MILLION)..........................................................................................................81
• TABLE 34
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR PHYSICIAN OFFICE LABORATORIES, BY COUNTRY, 2014–2021 (USD MILLION)...........................................81
• TABLE 35
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR PHYSICIAN OFFICE LABORATORIES, BY COUNTRY, 2014–2021 (USD MILLION)...........................................82
• TABLE 36
LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR OTHER END USERS, BY REGION, 2014–2021 (USD MILLION)..........................................................................................................83
• TABLE 37
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR OTHER END USERS, BY COUNTRY, 2014–2021 (USD MILLION)..............................................................83
• TABLE 38
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE FOR OTHER END USERS, BY COUNTRY, 2014–2021 (USD MILLION).......................................................................................................84
• TABLE 39
LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)...............................................................................................................................87
• TABLE 40
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION).......................................................................................................88
• TABLE 41
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).......................................................................................................90
sales@marketsandmarkets.com
www.marketsandmarkets.com
21
LIST OF TABLES
• TABLE 42
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION)............................................................................................90
• TABLE 43
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION)..................................................................................................90
• TABLE 44
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION)......................................................................................................91
• TABLE 45
U.S.: MACROECONOMIC INDICATORS FOR THE HCIT MARKET......................................................................92
• TABLE 46
U.S.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION)...............................................................................................................................93
• TABLE 47
U.S.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION)...............................................................................................................................94
• TABLE 48
U.S.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION)...............................................................................................................................94
• TABLE 49
U.S.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION)...............................................................................................................................95
• TABLE 50
CANADA.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION)...............................................................................................................................97
• TABLE 51
CANADA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION)...............................................................................................................................97
• TABLE 52
CANADA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION)...............................................................................................................................98
• TABLE 53
CANADA: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION)...............................................................................................................................98
• TABLE 54
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)...............................................................................................................................99
• TABLE 55
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).............................................................................................................................101
• TABLE 56
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION).............................................................................................................................101
• TABLE 57
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION).............................................................................................................................101
• TABLE 58
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION).............................................................................................................................102
• TABLE 59
GERMANY: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).............................................................................................................................103
sales@marketsandmarkets.com
www.marketsandmarkets.com
22
LIST OF TABLES
• TABLE 60
GERMANY: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION).............................................................................................................................103
• TABLE 61
GERMANY: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION).............................................................................................................................103
• TABLE 62
GERMANY: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION).............................................................................................................................104
• TABLE 63
U.K.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).............................................................................................................................105
• TABLE 64
U.K.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION).............................................................................................................................105
• TABLE 65
U.K.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION).............................................................................................................................106
• TABLE 66
U.K.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION).............................................................................................................................106
• TABLE 67
FRANCE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).............................................................................................................................107
• TABLE 68
FRANCE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION).............................................................................................................................108
• TABLE 69
FRANCE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION).............................................................................................................................108
• TABLE 70
FRANCE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION).............................................................................................................................108
• TABLE 71
ROE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).............................................................................................................................110
• TABLE 72
ROE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION).............................................................................................................................110
• TABLE 73
ROE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION).............................................................................................................................110
• TABLE 74
ROE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION).............................................................................................................................111
• TABLE 75
ASIA-PACIFIC: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).............................................................................................................................112
• TABLE 76
ASIA-PACIFIC: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION).............................................................................................................................117
• TABLE 77
ASIA-PACIFIC: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION)................................................................................................117
sales@marketsandmarkets.com
www.marketsandmarkets.com
23
LIST OF TABLES
• TABLE 78
ASIA-PACIFIC : LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION).............................................................................................................................118
• TABLE 79
ROW: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION).............................................................................................................................121
• TABLE 80
ROW: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION).............................................................................................................................122
• TABLE 81
ROW: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY COMPONENT, 2014–2021 (USD MILLION).............................................................................................................................122
• TABLE 82
ROW: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY END USER, 2014–2021 (USD MILLION).............................................................................................................................123
• TABLE 83
PRODUCT DEPLOYMENTS (2013–2016)........................................................................................................126
• TABLE 84
PRODUCT LAUNCHES, ENHANCEMENTS, AND INTEGRATION (2013–2016)................................................128
• TABLE 85
AGREEMENTS, ALLIANCES, PARTNERSHIPS, AND COLLABORATIONS (2013–2016)...................................129
• TABLE 88
OTHER DEVELOPMENTS (2013–2016)...........................................................................................................133
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
24
LIST OF FIGURES
• FIGURE 1
GLOBAL LABORATORY INFORMATION SYSTEMS MARKET: RESEARCH METHODOLOGY STEPS..................20
• FIGURE 2
BREAK DOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION......................23
• FIGURE 3
MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH.........................................................25
• FIGURE 4
MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH...........................................................26
• FIGURE 5
RESEARCH DESIGN...........................................................................................................................................27
• FIGURE 6
DATA TRIANGULATION METHODOLOGY...........................................................................................................28
• FIGURE 7
NORTH AMERICA TO DOMINATE THE GLOBAL LABORATORY INFORMATION SYSTEMS MARKET IN 2016..............................................................................................................................30
• FIGURE 8
INTEGRATED LIS SEGMENT TO HAVE FASTEST GROWTH RATE DURING THE FORECAST PERIOD....................................................................................................................................31
• FIGURE 9
ON-PREMISE LIS SEGMENT TO DOMINATE THE GLOBAL LABORATORY INFORMATION SYSTEMS MARKET IN 2016......................................................................................................32
• FIGURE 10
SOFTWARE SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD....................................................................................................................................32
• FIGURE 11
HOSPITAL LABORATORIES SEGMENT WILL CONTINUE TO DOMINATE THE LIS MARKET IN 2021..................................................................................................................................33
• FIGURE 12
ASIA-PACIFIC LIS MARKET TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD....................................................................................................................................34
• FIGURE 13
ASIA-PACIFIC LABORATORY INFORMATION SYSTEMS MARKET TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD.....................................................................35
• FIGURE 14
HOSPITAL LABORATORIES SEGMENT TO DOMINATE THE GLOBAL LABORATORY INFORMATION SYSTEMS MARKET IN 2016......................................................................................................36
• FIGURE 15
INTEGRATED LIS SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD................37
• FIGURE 16
SERVICES SEGMENT TO COMMAND THE LARGEST MARKET SHARE IN 2016...............................................37
• FIGURE 17
ON-PREMISE LIS DELIVERY MODE SEGMENT WILL CONTINUE TO DOMINATE THE LABORATORY INFORMATION SYSTEMS MARKET IN 2021.......................................................................38
• FIGURE 18
ASIA-PACIFIC TO REGISTER THE HIGHEST GROWTH RATE IN THE FORECAST PERIOD.................................39
• FIGURE 19
LABORATORY INFORMATION SYSTEMS MARKET SEGMENTATION.................................................................41
• FIGURE 20
LABORATORY INFORMATION SYSTEMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES............................................................................................................................................42
• FIGURE 21
INTEGRATED LIS SEGMENT TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD..................56
• FIGURE 22
ON-PREMISE MODE TO DOMINATE THE LIS MARKET IN 2016........................................................................62
sales@marketsandmarkets.com
www.marketsandmarkets.com
25
LIST OF FIGURES
• FIGURE 23
SERVICES TO FORM THE LARGEST SEGMENT OF THE LIS COMPONENTS MARKET IN 2016........................69
• FIGURE 24
INDEPENDENT LABORATORIES SEGMENT TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD....................................................................................................................................75
• FIGURE 25
LABORATORY INFORMATION SYSTEMS MARKET, BY REGION, 2016..............................................................86
• FIGURE 26
NORTH AMERICA: LABORATORY INFORMATION SYSTEMS MARKET SNAPSHOT (2016)...............................89
• FIGURE 27
EUROPE: LABORATORY INFORMATION SYSTEMS MARKET SNAPSHOT (2016)...........................................100
• FIGURE 28
ASIA-PACIFIC: LABORATORY INFORMATION SYSTEM (LIS) MARKET SNAPSHOT (2016)............................113
• FIGURE 29
ROW: LABORATORY INFORMATION SYSTEMS MARKET SNAPSHOT (2016).................................................119
• FIGURE 30
TOP 5 STRATEGIES ADOPTED BY PLAYERS IN THE LAST 3 YEARS (2013-2016)..........................................124
• FIGURE 31
BATTLE FOR MARKET SHARE: PRODUCT DEPLOYMENTS WAS THE KEY STRATEGY ADOPTED BY MARKET PLAYERS (2013–2016)................................................................................................................125
• FIGURE 32
PRODUCT DEPLOYMENTS, BY COMPANY (2013–2016)...............................................................................126
• FIGURE 33
PRODUCT LAUNCHES, ENHANCEMENTS, AND INTEGRATION, BY COMPANY (2013–2016).......................127
• FIGURE 34
AGREEMENTS, ALLIANCES, PARTNERSHIPS, AND COLLABORATIONS, BY COMPANY (2013–2016)..........129
• FIGURE 35
ACQUISITIONS, BY COMPANY (2013–2016)..................................................................................................130
• FIGURE 36
EXPANSIONS, BY COMPANY (2013–2016).....................................................................................................132
• FIGURE 37
OTHER DEVELOPMENTS, BY COMPANY (2013–2016)..................................................................................133
• FIGURE 38
GEOGRAPHICAL REVENUE MIX OF THE KEY PLAYERS IN THE LIS MARKET (2015).....................................134
• FIGURE 39
CERNER CORPORATION : COMPANY SNAPSHOT..........................................................................................135
• FIGURE 40
MCKESSON CORPORATION: COMPANY SNAPSHOT.....................................................................................138
• FIGURE 41
ROPER TECHNOLOGIES, INC.: COMPANY SNAPSHOT..................................................................................141
• FIGURE 42
COMPUGROUP MEDICAL AG: COMPANY SNAPSHOT...................................................................................147
• FIGURE 43
COMPUTER PROGRAMS AND SYSTEMS, INC.: COMPANY SNAPSHOT........................................................150
• FIGURE 44
IBM CORP.: COMPANY SNAPSHOT.................................................................................................................152
sales@marketsandmarkets.com
www.marketsandmarkets.com
26
SAMPLE TABLES
TABLE 1 NORTH AMERICA: ON-PREMISE LIS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION) 2014
2015
2016
2021
CAGR (2016–2021)
U.S.
xx.x
xx.x
xx.x
xx.x
xx.x%
Canada
xx.x
xx.x
xx.x
xx.x
xx.x%
TOTAL
xx.x
xx.x
xx.x
xx.x
xx.x%
COUNTRY
Source: Healthcare Information Management Systems Society (HIMSS), Society for Laboratory Automation and Screening, American Association for Clinical Chemistry (AACC), European Coordination Committee of the Radiological, Electromedical and Health Care IT Industry (COCIR), American Health Information Management Association (AHIMA), U.S. Food and Drug Administration, The College of American Pathologists (CAP), American Society for Clinical Pathology, Centers for Medicare and Medicaid Services (CMS), Annual Reports, Press Releases, Expert Interviews, and MarketsandMarkets Analysis
TABLE 2 U.S.: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY DELIVERY MODE, 2014–2021 (USD MILLION) 2014
2015
2016
2021
CAGR (2016–2021)
On-premise LIS
xx.x
xx.x
xx.x
xx.x
xx.x%
Web-based LIS
xx.x
xx.x
xx.x
xx.x
xx.x%
Cloud-based LIS
xx.x
xx.x
xx.x
xx.x
xx.x%
TOTAL
xx.x
xx.x
xx.x
xx.x
xx.x%
DELIVERY MODE
Source: Healthcare Information Management Systems Society (HIMSS), Society for Laboratory Automation and Screening, American Association for Clinical Chemistry (AACC), European Coordination Committee of the Radiological, Electromedical and Health Care IT Industry (COCIR), American Health Information Management Association (AHIMA), U.S. Food and Drug Administration, The College of American Pathologists (CAP), American Society for Clinical Pathology, Centers for Medicare and Medicaid Services (CMS), Annual Reports, Press Releases, Expert Interviews, and MarketsandMarkets Analysis
TABLE 3 FRANCE: LABORATORY INFORMATION SYSTEMS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION) 2014
2015
2016
2021
CAGR (2016–2021)
Standalone LIS
xx.x
xx.x
xx.x
xx.x
xx.x%
Integrated LIS
xx.x
xx.x
xx.x
xx.x
xx.x%
TOTAL
xx.x
xx.x
xx.x
xx.x
xx.x%
PRODUCT
Source: Healthcare Information Management Systems Society (HIMSS), Society for Laboratory Automation and Screening, American Association for Clinical Chemistry (AACC), European Coordination Committee of the Radiological, Electromedical and Health Care IT Industry (COCIR), American Health Information Management Association (AHIMA), U.S. Food and Drug Administration, The College of American Pathologists (CAP), American Society for Clinical Pathology, Centers for Medicare and Medicaid Services (CMS), Annual Reports, Press Releases, Expert Interviews, and MarketsandMarkets Analysis
sales@marketsandmarkets.com
www.marketsandmarkets.com
27
APPENDIX
KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL •
Knowledge Store contains MarketsandMarkets’ unique market insights. As a subscriber you have access to all of the published titles and any new ones added over the course of the subscription period. You can subscribe to specific number of reports or domains of your interest. • KNOWLEDGE STORE ENABLES YOU TO:
•
•
View & download all subscribed reports from a single, online platform
•
•
Contact our analysts to answer any questions related to our reports or request a custom research
•
•
Share comments on specific reports with the other users of your organization
•
•
Suggest titles/topics to our research teams that you would like us to cover in our future reports
•
•
Identify reports published on the high growth markets within your industry
•
Get started now by requesting a demo and learning more about Knowledge store - https://www.mnmks.com/ • FIG: MARKETSANDMARKETS KNOWLEDGE STORE SNAPSHOT
•
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
28
APPENDIX
• FIG: MARKETSANDMARKETS KNOWLEDGE STORE: HEALTHCARE IT INDUSTRY SNAPSHOT •
•
sales@marketsandmarkets.com
www.marketsandmarkets.com
29
RELATED REPORTS
RELATED REPORTS SR. NO.
REPORT TITLE
1
HEALTH INFORMATION EXCHANGE MARKET By Set Up Type (Public, Private), Type (Pull, Push), Implementation Model (Federated, Hybrid), Application (Web Portal, Secure Messaging), Solution Type (Portal, Platform Centric), & End Users - Global Forecast to 2020
2
LABORATORY INFORMATION MANAGEMENT SYSTEMS/ LIMS MARKET By Product (COTS & Legacy), Delivery Mode (On-premise, Hosted, Cloud), Component (Software & Services), End User Industries (Healthcare, CRO, Petrochemical, Oil and Gas, Chemical) - Forecast to 2019
Informa Laboratory
1.3
– Ana /LIS Market tion System
lysis & Fore
casts to 202
PUBLISHED DATE
1
Laboratory Inform ation System/LIS
delivery com ponent, 4 to by product, from 201 market, SCOPE the market systems rmation erated in MARKET nue gen ratory info at the reve ies the labo are e stud arriv rt repo on, to R) systems This red r, and regi record (EH side use lth con hea end s are mode, electronic ed solution grated with of these integrat 2021 ems inte ion tion syst som e port rma info only ce, oratory rt. Hen Lab in this repo red side con y scope in the stud
1.3 . 1
CO VER ED MA RK ETS
BY PRODUC
T
LIS • Standalone LIS • Integrated
BY DELI
E VERY MOD
LIS • On-premise d LIS • Cloud-base LIS • Web-based
BY COMPON
ENT
• Software es • Servic
2.1 FIGURE 1
RESEARCH METH ODOLOGY STEP S GLOB
AL LABORATORY INFORMATION SYSTE MS MARKET: RESEA METHODOLOGY STEPS RCH Labo
U.S. a Canad
• Europe
ny Germa U.K. France RoE
ic • Market size of the laboratory • Asia-Pacif (RoW) information system the World • Validat s market ion of market • Rest of , and the
drivers, restrain opportunities ts, challenges, and Regional market s with their market shares • Market trends and forecasts • Value validati on Global market
•
Inform
SYST TION MARKEMS ET
COMP ANY REV ENUE S AN
•
size estimation
Data triangulation Market estima tion
• Market forecas 2021-p t •
Qualitative and
MARKE • Ris T DRIVE RS: ing
INFL UE FACT NCING OR (Mark S
D R&
D EXP
REGION
ENSES
AL US
AGE
PATTER
COMP ETITIV E LAN
N AN
DSCA
inciden prevale PE D TEC nce dise ce HNOLO • Stro ases of chronicand MARKE GY TRE T and ng govern NDS • Hig RESTRA hea initiativ ment INTS: h cos Dyna et Trends • Incr lthcare es to drivsuppor system t of labo t mics) and IT e (LIS)sys ratory • Lac labo easing adomarket ratory tems informa k system info ption healthcof skilled tion MARKE (LIS rma of labo are ind IT profess • Inte ratory )to enh tion T • Per OPPORTU ustry iona gration efficien ance ls informa cy NITIES son in the of • PRO array alized me tion labo and : DUCT • Gro EHR sys systemratory • Em of opportu dicine dea DEP tems s (LIS win to ope erging nitie • NEWls in the LOYME ) diag g nee n an s marke last NTS • Fav nostic d to cur ts erro INTEGRPRODUCT three yea : About b our 47 scenar able reimrs ATION LAUNCH rs Abo io for the • AGR ut 31 dea AND ENH ES, labo bursement MARKE • Intr U.S. ls ratories odu T AND EEMENTS, in the lastANCEMENT in advanc ction • Inte CHALLENG PARTNE COL thre S: in ed proof new ES: • ACQthe last threRSHIPSLABORATIOe years • Req roperabilit ducts and UISITIO e yea : About NS uireme y and last tech labo rs 27 dea GEOGRA nt NS: thre rato nica of • EXP About Labo che spe ls e ry l the Wo PHICAL 14 dea ANS years ratorymistry, units for cialized issues • Lar rld (Ro ANA three IONS: ls in Informand hae microbiolo ge ima W: Lat LYSIS: years About the ma stor gy, ge in Am Marke tology 3 dea ation age size erica, t dyn challen ls in cre Systes last FORE the Mid amics ges ate data m/ dle Eas and bus CAST LIS HISTOR (201 Marke t, and iness 2.5 ICAL Africa) environ 6–20 PERIOD t – An DA ment 21) alysis In ord MARKE TA OF THE in Nor MAR th Am & Fo T KET erica, marke er to MARKE recas Eur t se comp DATA weope T ts to re ,im Asia gmen lete • By SIZE & FOR 2021 the ple-Pacificts VALI IMPACT ECAST: overa me , and • By Product FIGU nte andthe DATI d, wh suRes MARKEANALYSIS bseg ll ma • By Delivery RE t ON rke of OF ere me T TRE 6 t en ver nts • By Compon Mode AND NDS gin DATA appli , da • By End Use ent TRIA cable ta tria eering TRIAN Region r ngula proce . NG GULA ss tion ULAT TION and and to ARRIVEPRIMAR ION Y SO ma arrive MET AT THE INTER rke URCE HODO t va VIEDWS at MARKE S • Lab AN lidati the CAG LAB WITH LOGY ora ex R:FOR T SIZE SysOR on tor ATO pro act sta THE Ma tem So y RY Inf INF cedu SYS tistic • Ori nu lut orm fac TEM ORMA atio res turingion s n TIO S MA Ma ginal ex pla s for all N • Su nufac Solut CompRKE ine the T turingions ani ppl d be of es iers low Sys Labora and Comp
Top-down approa ch Bottom-up approa ch
• •
THE STU DY RE D FO R
ratory
•
•
1.3 . 2
& Forecasts to 2021
•
ica • North Amer
s Laboratorie • Hospital s t Laboratorie • Independen Office • Physician s (POL) Laboratorie d Users (Bloo • Other End l Clinics, Banks, Retai s) Nursing Home
2014
Market classifi ation cation for the overall Syste market laboratory informa m/LIS tion systems Marke Technical informa t – An tion on the laborat alysis 2.4 market, by produc ory information & Fo systems t, delivery mode, recasts region MAR component, end FIGU user, and to 20 KET RE 21 • Key players FOR 5 in the laboratory ECA RESE information system ST M • Technological AR s market CH DE developments HIST ETHO SIGN FOR ORICAL • Annual reports DOLO DA TH , SEC filings/investo TA LABO E GY releases of the r INFORRATORY key industry players presentations, and press MA
BY REGION
R
BY END USE
(Africa, Brazil Middle East)
NS IDE YEA RS CO
Market – Analysis
December
RESEARCH METH ODOLOGY
•
N
MENTATIO
MARKET SEG
2
May 2016
quantitative analysi
s
2016-e
SID
E
2015
HISTORIC
Note: For
DEMA
ND
2014
AL YEAR cale ates, the
market estim
R BASE YEA
ndar year
has been
ed; for consider
PROJECTED
YEAR
l year has the fisca profiles, company © Market sandMa
rkets
idered. been cons
18 20 © Ma
©
arkets Mar ketsandM
rketsa
ndMa rke
ts
• Tea tem tory Distrib anies s Inf Aca ching Solution orm utors s ation (AM dem Ho • Re Cs) ic Mespitals dical and Firmsearch Cente s and rs Consu ltin g VIE
SECO
NDAR
Y SO
Ann URCE ual S Repor We bsi ts, of Top tes, and Presen Jou Pla tat yer Pre rna ls; and s; Ne ss Relea ions, Paid ws Art ses Datab icles; Ma Health ase s (HIMSnagem care ent Inf Aut S), So Sys ormatio Am om n eric atio ciety fortems n and Lab Socie Ch an SEC CoordemistrAssoci Scr oratorty OND atio een y SOU ARY Ra (AA n ing y dio ina RCE Health logication Co CC), Eufor Clin , Key Pla Am Care l Electrmmitte ropeanical yer s Ma eric om e IT INF U.S nagem an He Indust etricaof the ORMA . Foo ent alth l ry Comp TION d Ass Inform(COCIRand The and SOUR etit Dru ociatio atio ), Pa Driver ive CED Socie thologColleg g Adm n (AH n Lan and s, Re dsc Cente ty for ists e of Am inis IMA Mn ape Oppor strain M rs for Clin (CAP), eric tration ), ma KNOW tun ts, rke Am an , Oppor * Me ical t res itie ear resear stands s Servic dicarePatho erican tun ch tha t hel pla ch kno for Ma Challe ities For and logy, es eca and (CM ps us tform rke wle nge and st (20 S). Medic valida "RT", dge tsandM s aid 16–2 ark te infosubjecreposi ets 021) rma t ma tory of ’ 'Kn Ma tion tter rke ove owledg t Siz exp gat r Geogr erts 5,000 e Ass her e (20 ed aph gra et Ma from , and 16) ical nag prim indepenular Ana ary nde marke ement lysis and nt '
E
YEAR
INTER
• Pre WS WITH Pre sident sident s, CE : Gener Os Se al s, Dir , Vic • Pro nior MaManag ectors e nag ers, , Speciduct/Sa ers and Intelli alis les/M gen ts and ark ce Co Bu etin nsu siness g ltan ts
SID
ESTIMATED
SUPP LY
PRI MA SOU RY RCE
MnM
KNO W*
TRIA DATA NGU LAT
ION
fram con ts, ond sultanour flag ework. ary In sou ts. Mn ship com this con rce s . M KN pet OW itiv text, act e inte it sta s as llige nds for an ind nce and exis epe ting nde ma nt sou rket rce
sec
© Ma
rketsa
ndM ark ets
27
28
sales@marketsandmarkets.com
www.marketsandmarkets.com
30
ABOUT MNM
MarketsandMarkets is a global market research and consulting company. It is World’s No. 1 in terms of premium market research studies published annually. Serving as a business intelligence partner to Fortune 500 companies across the world, it provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers seventeen industry verticals, including advanced materials, aerospace and defense, agriculture, automotive and transportation, biotechnology, building and construction, chemicals, energy and power, food and beverages, industrial automation, medical devices, mining, minerals and metals, packaging, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
Copyright © 2016 MarketsandMarkets All Rights Reserved. This document contains highly confidential information and is the sole property of MarketsandMarkets. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of MarketsandMarkets.
DISCLAIMER: MarketsandMarkets strategic analysis services are limited publications containing valuable market information provided to a select group of customers in response to orders. Our customers acknowledge, when ordering, that MarketsandMarkets strategic analysis services are for our customers’ internal use and not for general publication or disclosure to third parties. Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation. MarketsandMarkets does not endorse any vendor, product or service depicted in its research publications. MarketsandMarkets strategic analysis publications consist of the opinions of MarketsandMarkets’ research and should not be construed as statements of fact. MarketsandMarkets disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. MarketsandMarkets takes no responsibility for any incorrect information supplied to us by manufacturers or users. All trademarks, copyrights and other forms of intellectual property belong to their respective owners and may be protected by copyright. Under no circumstance may any of these be reproduced in any form without the prior written agreement of their owner. No part of this strategic analysis service may be given, lent, resold or disclosed to non-customers without written permission. Reproduction and/or transmission in any form and by any means including photocopying, mechanical, electronic, recording or otherwise, without the permission of the publisher is prohibited.
For information regarding permission, contact: 1-888-600-6441 sales@marketsandmarkets.com
sales@marketsandmarkets.com
www.marketsandmarkets.com
31