The Europe laboratory information system (LIS) market in 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 

The laboratory information system (LIS) market players are actively developing innovative solutions to maintain their competitive edge. For example, in March 2021, Autoscribe Informatics released an updated version of its Regulated Manufacturing LIMS. This solution, based on the Matrix Gemini LIS solution, is designed for all manufacturing organizations, including highly regulated sectors like medical devices and pharmaceuticals. This web-enabled version aims to enhance the user experience through improved visual aesthetics and greater flexibility in user setup, dashboards, reports, and other features important to SoftBank users. The software provides a unified platform with a single user interface, configurable workflows, automated routine tasks, and data exchange tools. Similarly, in July 2021, LabVantage Solutions, Inc. introduced a new edition of its flagship LabVantage LIMS. The LabVantage LIS 8.7 portal includes systems for managing laboratory data security and offers self-service access for external customers.

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Laboratory Information System (LIS) Market Overview

The Europe laboratory information system (LIS) market is segmented by country, including Germany, the UK, France, Italy, Spain, and the Rest of Europe. Europe holds a significant position in the global laboratory information management systems market and is projected to experience strong growth during the forecast period. This growth is driven by increasing R&D expenditure, the rapid expansion of pharmaceutical companies, and the rising adoption of information technology solutions for clinical decision support. The market for laboratory information systems is also expected to grow due to advancements in the healthcare sector. Germany is the largest market for medical technology in Europe. According to Germany Trade & Invest, in 2019, Germany's medical technology industry generated €33.4 billion in sales (domestic and exports) and spent 9% of its annual turnover on R&D expenses.

Europe Laboratory Information System (LIS) Market Segmentation

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

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

Based on 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.

Based on component, the market is segmented into software and services. The software segment held the larger market share in 2022.

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

Based on country, the market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Germany dominated the market share in 2022.

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

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