Laboratory Information Systems (LIS) Market is expected to reach $1,806.1 million by 2019

The report ?Laboratory Information System/LIS Market by Type (Standalone, Integrated), Delivery Mode (On-premise, Hosted, SaaS), End User Labs (Clinical, Molecular Diagnostic, Blood Bank, Anatomic Pathology) & by Component (Software, Services) - Global Forecast to 2019? provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the LIS market along with the estimates and forecasts of the revenue and market growth.

Browse 85 market data tables and 50 figures spread through 162 pages and in-depth TOC on ?Laboratory Information System/LIS Market

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The global laboratory information systems (LIS) market is expected to reach $1,806.1 million by 2019 from $1,175 million in 2014, growing at a CAGR of 9% from 2014 to 2019.

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Prominent players in the market are Cerner Corporation (U.S.), Sunquest Information Systems (U.S.), Medical Information Technology (Meditech) (U.S.), SCC Soft Computer (U.S.), EPIC Systems Corporation (U.S.), McKesson Corporation (U.S.),CompuGroup Medical (Germany), Merge Healthcare (U.S.), Orchard Software (U.S.), and Computer Programs and Systems Inc.(U.S.). Other players in this market include Comp Pro Med (U.S.), Psyche Systems (U.S.), TechniData America (U.S.), HEX Laboratory Systems (U.S.), and Siemens Medical Solutions (U.S.).
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Based on geography, the global market is segmented into North America, Europe, Asia, and Rest of the World (RoW). North America is expected to account for the largest share of the market by the end of 2014. The large share of this region can be attributed to various factors such as huge pressure to cut down the healthcare spending, growing demand to integrate healthcare systems, need to improve the quality of healthcare services, and rising government support and incentives especially in the U.S. leads to increase in the adoption of laboratory information systems.

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