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(MoneyNewsWire.Net, January 19, 2018 ) According to the report Europe Laboratory Information System Market, published by Market Data Forecast, the Europe market is projected to reach USD 0.51 billion by 2021, at a CAGR of 8.6% from 2016 to 2021.
A laboratory information system is basically a software system that records, manages, and stores all patient data or research data for clinical laboratories. A LIS has traditionally been most proficient at sending laboratory test orders to lab instruments, tracking those orders, and then recording the results, typically to a searchable database.
In addition to making a plethora of information available to physicians, LISs also helps patients in finding expert help quickly. Physicians also make use of LIS to coordinate the treatment procedures of inpatient and outpatient customers as well as tests related to hematology, chemistry, immunology and microbiology. An LIS also tracks and stores clinical details regarding patient visits for future references.
Get a comprehensive overview of the Europe Laboratory Information System Market: https://www.marketdataforecast.com/market-reports/europe-laboratory-information-system-market-405/
Europe Laboratory Information System Market: Drivers & Restraints
The European Laboratory Information System Market is propelled forwards by the increasing government and industry initiatives into the healthcare IT sector. Other drivers of the market include prospect of increasing lab efficiency as well as workers efficiency, reduction in diagnostic errors and precision diagnosis. Inspite of the numerous advantages, the market is still hampered by the high cost of LIS systems and the shortage of skilled IT professionals in the healthcare industry.
Get accurate market forecast and analysis on the Europe Laboratory Information System Market. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/europe-laboratory-information-system-market-405/request-sample
Europe Laboratory Information System Market: Segmentation
By Component
LIS Services
LIS Software
LIS Hardware
By Mode of Delivery
Cloud Based
On-Premises
By End Users
Hospitals
Independent Laboratories
Clinical Laboratories
Others
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://www.marketdataforecast.com/market-reports/europe-laboratory-information-system-market-405/customize-report
Europe Laboratory Information System Market: Overview
Among the segments, the standalone LIS segment has the highest market share, whereas the integrated LIS is expected to grow at the fastest pace during the forecast years. In other classifications, the on premise segment occupies the highest market share whereas the software segment is expected to show the highest growth rate.
Europe Laboratory Information System Market: Region-wise Outlook
The Europe Laboratory Information System market is segmented based on geography as Italy, Spain, UK, Germany and France. The region accounts for the second largest market revenue worldwide, second only to North America. The development is concentrated around the western countries of the region where technological advancements can counter the restraints of the market resulting in a well-developed market. In terms of prospective growth potential, the market in U.K is expected to witness the fastest growth. Other emerging markets in the region are Sweden, Norway, Netherlands, Denmark, and Greece.
Key Questions Answered
What is the current and future Laboratory Information System market outlook in Europe? What trends are affecting the Europe market?
What is the competitive landscape and market share of major players in the Laboratory Information System market space in Europe?
What are the key, high growth markets that Laboratory Information System systems manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Laboratory Information System systems currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Laboratory Information System?
What are the challenges and barriers that have hindered widespread adoption of Laboratory Information System systems?
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