The Europe laboratory information system (LIS) market is expected to grow from US$ 244.03 million in 2022 to US$ 431.39 million by 2028. It is estimated to grow at a CAGR of 10.0% from 2022 to 2028.

Europe Laboratory Information System (LIS) Market Players

To secure their presence in a highly competitive market, laboratory information system (LIS) market players are constantly developing and releasing innovative solutions. For instance, in March 2021, Autoscribe Informatics rolled out an updated version of its Regulated Manufacturing LIMS. This tailored solution, configured based on the Matrix Gemini LIS solution, is perfectly suitable for all manufacturing organizations, including highly regulated industries such as medical devices and pharmaceuticals. This web-enabled version aims to significantly improve the user experience, both visually and by offering extended flexibility in user setup, dashboards, reports, and other components vital to SoftBank users. The software boasts a single, integrated platform with a unified user interface. It also features highly configurable workflows, the ability to automate routine tasks, and powerful data exchange tools. In a related initiative, in July 2021, LabVantage Solutions, Inc. launched a new edition of its flagship LabVantage LIMS. The LabVantage LIS 8.7 portal integrates robust systems that manage the laboratory’s data security, alongside providing convenient self-service access to external customers.

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Laboratory Information System (LIS) Market Overview

The Europe laboratory information system (LIS) market is geographically segmented, encompassing Germany, the UK, France, Italy, Spain, and the Rest of Europe. Europe holds a prominent position in the global laboratory information management systems market and is anticipated to exhibit vigorous growth throughout the forecast period. This market expansion is primarily attributed to increasing R&D expenditure, the rapid growth of pharmaceutical companies, and the accelerating adoption of information technology solutions for clinical decision support. These factors are collectively driving market growth. The market for laboratory information systems is also expected to grow due to continuous developments within the healthcare sector. Germany is the largest market for medical technology in the European region. According to Germany Trade & Invest in 2019, the German Medical Technology Industry generated €33.4 billion in sales (domestic and exports) and remarkably invested 9% of its annual turnover in R&D expenses.

Europe Laboratory Information System (LIS) Market Segmentation

The Europe laboratory information system (LIS) market is comprehensively segmented by product, delivery mode, component, end user, and country.

Based on product, the market is bifurcated into standalone LIS and integrated LIS. The standalone LIS segment held the larger market share in 2022.

By delivery mode, the market is segmented into cloud-based delivery mode, web-based delivery mode, and on-premises delivery mode. The cloud-based delivery mode segment held the largest market share in 2022.

In terms of component, the market is segmented into software and services. The software segment held the larger market share in 2022.

Regarding end user, the market is segmented into hospital labs, independent labs, and physician office labs. The hospital labs segment commanded the largest market share in 2022.

Finally, by country, the market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Germany was the dominant market share holder in 2022.

Key players in the laboratory information system (LIS) market in the region include AAC Infotray AG, CompuGroup Medical, Illumina, Inc., LabLynx, Inc., LabVantage Solutions, Inc., McKESSON CORPORATION, and Thermo Fisher Scientific Inc.

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