Key Players in the North American Laboratory Information System (LIS) Market are Cerner Corporation, Emdeon, Epic Systems, GE Healthcare, LabVantage Solution, Inc., McKesson Corporation, Meditech, Merge Healthcare
(PRWEB) November 13, 2014
The North American Laboratory Information System (LIS) Market report defines and segments the concerned market in North America with analysis and forecast of revenue. This market is expected to reach $869.0 million in 2018 and is estimated to grow at a CAGR of 7.1% from 2013 to 2018.
Browse through the TOC of the North American Laboratory Information System (LIS) Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation of this market, which is supported by various tables and figures.
Laboratory information system is primarily created for data and information management, with an aim to store, manage, and update all stages of medical processes and diagnostic information. It also helps in effectively recording and retrieving laboratory data. LIS is an evolved concept of data management, with added new features and unique functionality. This system mainly helps in offering the necessary assistance for proper diagnosis, management, and treatment of diseases. Because of diverse requirements of each clinical procedure, LIS can be customized as per laboratory requirements. Advancements made in the healthcare IT sector have influenced the overall demand for such innovative clinical information systems all across the world.
In North America, there is a rapid incidence of life-threatening diseases that requires accurate diagnostic tools for timely detection and prevention. With LIS in place, it becomes easier for healthcare providers to refer to authentic medical information and keep track of the patient’s health condition. Owing to the advantages it offers, the laboratory information systems market is progressing rapidly. In addition to this, rising investments made in the form of government initiatives and public funding, along with the need to integrate highly innovative healthcare solutions, have become major market drivers aiding the growth of this market. Countries in the North American region, such as the U.S., have the most advanced healthcare infrastructure and technological growth observed in the field of medicine. This has become a major market impetus augmenting the overall demand for laboratory information systems in North America.
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The North America market is segmented on the basis of its types, applications, deployment, components, and end users. By type, the market is segmented into integrated and standalone. The application is further segmented into clinical guidelines, clinical reminders, drug allergy alerts, drug dosing support, drug-drug interactions, and other applications. By deployment, the market is categorized into on-premise, web-based, and cloud-based, while the market by component comprises hardware, software, and services. On the basis of geography, the report analyzes major countries such as the U.S., Canada, and Mexico.
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This report also includes market shares, value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Related Reports :
Europe Laboratory Information System Market
The Europe laboratory information system (LIS) market is segmented on the basis of regions, components, deployments, end-users, companies, macro indicators, and applications. This is a developing market with several companies serving the customers with their products and services.
Laboratory information systems are used for data management and analysis in laboratories. These systems help in capturing, organizing, storing, and retrieving laboratory data. LIS are important for healthcare professionals and related industries as healthcare professionals can better analyze the pertaining data. It also helps in minimizing/eliminating the future occurrence of the same disease as well as finding an effective course of treatment.
Laboratory information systems are highly customization according to specific requirements of a laboratory. From basic operations of managing patient data and information integration to advanced functions, such as audit management, customer relationship management, inventory management and several associated functions, LIS helps in efficient management of laboratory operations.
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