Laboratory information system (LIS) is a system designed to store, retrieve, modify, and record data and information in laboratories. It is used laboratories to track and manage audit trails of health services, integrate instruments & applications, and handle demographic information for associated clients. In addition, it is also used in medical related laboratories for processing and keeping records of data related to individual patients for proper diagnosis, treatment, and prevention of diseases.
Increasing demand for improved laboratory efficiency, the need for integrated healthcare information systems, and hospitals prioritizing for laboratory information systems fuels the growth in the European laboratory information systems market. In addition, supportive government initiative and investments from healthcare IT manufacturers supplements the growth. However, scarcity experienced professionals and high maintenance & service expenses are factors hindering the growth of the market. On the other hand, demand for powerful IT systems in diagnostic and medical laboratories present opportunities in the market.
The European laboratory information systems market is segmented on the basis of products, types, components, delivery mode, end users, and countries. The product segment is divided into standalone LIS and integrated LIS. The types included in the report are clinical LIS and anatomical LIS. The components covered in the report are services and software. On-premise, remotely-hosted, and cloud-based are delivery modes discussed in the report. The end users segment is further classified into clinical diagnostic laboratories, hospitals, anatomical pathology laboratories, blood banks, and molecular diagnostic laboratories. The countries such as Germany, Italy, Spain, U.K., and France would experience tremendous growth.
The major companies operating in the market are Epic Systems Corporation, McKesson Corporation, Merge Healthcare Incorporated, Medical Information Technology Inc., Compugroup Medical AG, Computer Programs and Systems Inc., SCC Soft Computer, Orchard Software Corporation, Comp Pro Med, and Cerner Corporation. These companies are adopting various strategies, such as expansion, new product launches, mergers & acquisitions, joint ventures, and others to strengthen their position in the market.
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