SAN FRANCISCO, Sept. 11, 2019 /PRNewswire/ -- The global
electronic lab notebook market size is expected to
reach USD 768.2 million by
2026, according to a new report by Grand View Research, Inc. It
is projected to expand at a CAGR of 4.8% during the forecast
period. Increasing requirement for life science and pharma
industries to comply with regulatory requirements has promoted the
incorporation of Electronic Lab Notebook (ELN) as it helps simplify
the lab process and reduce time.
Key suggestions from the report:
- Increasing demand for automation in lab activities are
anticipated to create growth opportunities in near future
- Cross disciplinary accounted for the largest revenue share
of the product segment in 2018, owing to its usage in multiple
disciplines and other added advantages such as customized features
and coordination across the domain
- Web hosted/cloud based delivery mode held the largest share
of electronic lab notebook market in 2018 owing to its real time
data analysis, remote access, and reduced IT manpower
- Proprietary held the largest revenue share of the license
segment due to the increasing adoption in life science and
pharmaceutical industries as compared to open source ELN
- North America held the
dominant market share in 2018, due to supportive government
initiatives and presence of large number of industry
players
- Asia Pacific is anticipated
to witness lucrative growth due to increase in number of CROs and
untapped opportunities
- Some of the key companies are Thermo Fisher Scientific,
Inc.; Core Informatics;Arxspan, LLC; LabVantage Solutions, Inc.;
Benchling, Inc.; LabLynx, Inc.; Agilent Technologies; Dassault
Systemes SE; KineMatik Inc.; and Abbott Informatics
Read 100 page research report with TOC on "Electronic Lab
Notebook (ELN) Market Size, Share & Trends Analysis Report By
Product (Cross Disciplinary, Specific), By Delivery Mode, (On
Premise), By License (Proprietary), By End Use, And Segment
Forecasts, 2019 - 2026" at:
https://www.grandviewresearch.com/industry-analysis/electronic-lab-notebook-eln-market
Rising demand for automated laboratory process such as cloud
based electronic lab notebook, ELN embedded with SDMS solutions and
supportive government initiatives, are expected to propel the
market over the forecast period. Asia
Pacific is expected to exhibit lucrative growth over the
forecast period owing to increasing demand of Contact Research
Organizations (CROs). Moreover, reduced operational cost, remote
access, real time data tracking are contributing to the rising
demand.
Grand View Research has segmented the global electronic lab
notebook market on the basis of product, delivery mode, license,
end use and region:
- Electronic Lab Notebook Product Outlook (Revenue, USD
Million, 2014 - 2026)
- Cross Disciplinary
- Specific
- Electronic Lab Notebook Delivery Mode Outlook (Revenue, USD
Million, 2014 - 2026)
-
- On-premise
- Web-hosted/Cloud-based
- Electronic Lab Notebook License Outlook (Revenue, USD
Million, 2014 - 2026)
-
- Electronic Lab Notebook End Use Outlook (Revenue, USD
Million, 2014 - 2026)
-
- Life Sciences
- CROs
- Chemical Industry
- Food and Beverage and Agriculture Industries
- Environmental Testing Laboratories
- Petrochemical Refineries & Oil and Gas Industry
- Other Industries (Forensics and Metal & Mining
Laboratories)
- Regional Outlook (Revenue, USD Million, 2014 -
2026)
-
- North America
-
- Europe
-
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
-
- Latin America
-
- Middle East & Africa
-
- South Africa
- Saudi Arabia
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About Grand View Research
Grand View Research, U.S.-based market research and consulting
company, provides syndicated as well as customized research reports
and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425
analysts and consultants, adding more than 1200 market research
reports to its vast database each year. These reports offer
in-depth analysis on 46 industries across 25 major countries
worldwide. With the help of an interactive market intelligence
platform, Grand View Research helps Fortune 500 companies and
renowned academic institutes understand the global and regional
business environment and gauge the opportunities that lie
ahead.
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