(PRWEB) February 16, 2015 -- The North American laboratory information systems market report defines and segments the concerned market with an analysis and forecast of the revenue. This market is expected to reach $704.6 million by 2019 and is estimated to grow at a CAGR of 7.8% from 2014 to 2019.
Browse through the TOC of the North American laboratory information systems market, to get an idea of the in-depth analysis provided. This also provides a glimpse of the market segmentation within North America that is supported by various tables and figures.
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A Laboratory Information System (LIS) is a class of software, which takes care of receiving, processing, and storing information generated by medical laboratory processes. These systems are interfaced with instruments and other information systems, such as hospital information systems (HIS), Electronic Medical Record (EMR), and Computerized Physician Order Entry (CPOE). An LIS is a highly configurable application, which is customized to enable a wide variety of laboratory workflow models. The selection of an LIS vendor is a major undertaking for all laboratories.
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The demand for laboratory information systems has continued to remain robust across North America. This can be attributed to the growing molecular diagnostics sector, growing need for integrated healthcare systems, increasing government support, and various technological advancements in the field of healthcare-IT.
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The market has been divided into various segments such as products, types, components, delivery modes, and end-users.
Geographically, the U.S. contributed 96.0% in 2014 to the North American laboratory information systems market. The U.S. market was estimated at $463.7 million in 2014, which is expected to grow at a CAGR of 7.8% from 2014 to 2019. In terms of high growth potential, the Canadian laboratory information systems market is an open market, which is expected to witness maximum growth from 2014 to 2019.
This report also includes the market share, 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 that include major companies of the market.
Related Report:
Europe Laboratory Information System
The European laboratory information system market is a growing market. Several leading companies prominently serve this market with their product and services portfolio. Companies are on the lookout to increase their foothold by investing in R&D. The end-users are also expecting to receive better services, which drives the growth of this market.
http://www.micromarketmonitor.com/market/europe-laboratory-information-system-3833782800.html
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