Asia-Pacific LIMS Market by Mode of Delivery [On-premise, Cloud], Component [Service, Software], Type [Multi-purpose, Purpose-built], End User [Life Science, Food & Beverage, Petrochemical, Oil & Gas, Chemical, Environmental Industry) - Forecast to 2030

The Asia-Pacific LIMS Market is expected to grow at a CAGR of 8.4% from 2024 to 2030 to reach $383.7 million by 2030. A laboratory information management system (LIMS) is a software-based solution that supports laboratory operations. LIMS helps to integrate instruments, automate workflows, and manage samples & associated information. It helps to improve lab productivity and efficiency.

LIMS tracks and stores information about a sample from when it enters a laboratory until it has undergone processing. Nowadays, it has transformed into an enterprise resource planning tool that manages multiple aspects of laboratory informatics. Advantages include streamlined workflow, improved laboratory efficiency, elimination of human errors, support in regulatory compliance, inventory tracking, and increased revenue. The LIMS market has been transformed by incorporating artificial intelligence (AI), machine learning (ML), and advancement in biostatistics.

The growth of this market is driven by factors such as increasing R&D activities and government initiatives, technological advancements in laboratory informatics solutions, and the rising need to comply with regulatory frameworks. However, cost constraints are restraining the market’s growth.

The emerging economies, increasing adoption of cloud-based LIMS, and growing automation in laboratories are expected to offer significant market growth opportunities. However, the shortage of skilled professionals, migration from legacy LIMS to new systems, and data security & privacy concerns pose a major challenge to the market’s growth.

Click here to: Get Free Sample Pages of this Report

Technological Advancements in Laboratory Informatics Solutions to Boost the Growth of Asia-Pacific LIMS Market

With many legacy systems about to run out of support, organizations are looking for replacements with technologically advanced laboratory information management solutions. Burdened by the increasing data volumes, sample throughput, and frequent changes in technology and regulations, laboratories are increasingly modernizing their approach to managing, tracking, and centralizing research and manufacturing data. Moreover, the sudden increase in advanced technologies, including genomics, proteomics, and personalized medicine, has created the need to structure data management. As standalone and legacy systems do not meet all lab requirements, the industry demands modern, agile, commercial, off-the-shelf, integrated lab informatics solutions that enable the labs to capture, share, analyze, and act upon vast amounts of complex data to run labs efficiently. Such factors are driving innovation and demand for advanced LIMS solutions. Moreover, the COVID-19 pandemic acted as a catalyst for the digitization of laboratories. It demanded innovative LIMS systems to avoid a complete shutdown of the laboratory and be able to continue their work safely.

Emerging Economies Creates an Opportunity for the Market

India, China, Malaysia, and Singapore provide significant opportunities for the LIMS market. These countries have high research capacities, a high burden on their laboratory systems, and are focused on building their laboratory infrastructure and abiding by international regulatory standards using modern technologies. Asia is considered a high-potential market as countries like India and China have shown high research potential over the past decade. The growing population and the rising incidence of chronic disorders have encouraged countries to develop laboratory infrastructure and ramp up the number of laboratories to effectively carry out research tasks. Increasing clinical trials and research outsourcing to CROs in the APAC region (due to their cost-effectiveness) have boosted the implementation of lab informatics solutions.

Moreover, government support for digitization in these countries is expected to create opportunities for lab automation and informatics vendors. This indicates the enormous scope for laboratory solutions providers as the life science industry is one of the key end users of laboratory information management systems. Similarly, there is scope for LIMS in the Middle East due to the availability of crude oil in Gulf countries and the growing focus on lab automation by various labs involved in geotechnical investigation and material testing.

Key Findings in the Asia-Pacific LIMS Market Study:

Among the Mode of Deliveries, the Web and Cloud-based LIMS Segment is Expected to Account for the Largest Share of the Market in 2024

Many organizations are turning towards deploying web-based and cloud-based LIMS as they offer data accessibility from multiple locations, multiple systems, and multiple branches. Furthermore, the cost-effectiveness and scalability offered by web & cloud-based LIMS contribute to this segment's largest share.

Among the Offerings, the Software Segment is Expected to Account for the Largest Share of the Market in 2024

Increasing awareness about laboratory informatics, the rising need for regulatory compliance, the increasing trend towards laboratory automation, and the decreasing cost of informatics solutions contribute to the large market share of this segment.

The Multi-purpose LIMS Segment is Expected to Account for the Largest Share of the Market in 2024

Among the types, the multi-purpose LIMS segment is expected to account for the largest share of the Asia–Pacific LIMS market. Multi-purpose LIMS provide flexibility and offer value-added modules that enhance their usefulness in various organizations and laboratories. These systems find applications in research and development labs, stability labs, environmental monitoring labs, quality testing labs, pre-clinical labs, and clinical trial testing labs. The versatility and broad range of functionalities offered by multi-purpose LIMS contribute to the market growth of this segment.

Among the End Users, the Life Sciences Segment is Expected to Account for the Largest Share of the Market in 2024

The large market share of this segment is attributed to the rise in R&D activities in pharmaceutical industries, the high adoption of LIMS in life science laboratories, and increased concerns over data integrity, validity, and security due to regulatory pressures, cost efficiency, and enhanced productivity. Furthermore, the availability of funding for adopting advanced technologies contributes to the growth of this market segment.

Among the Asian Countries Included in the report, Japan is Estimated to be the Largest Market in 2024

The large market share of Japan is primarily attributed to factors such as rapid economic growth, increasing adoption of advanced digital technologies, growing pharmaceutical industry, and growing need for regulatory compliance to meet international standards, increasing government funding for research activities, and growing demand for cost-effective workflow management systems,

Key Players

The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market players in the past few years. The key players profiled in the Asia-Pacific LIMS market report are LabWare, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), LabVantage Solutions Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Dassault Systèmes (France), STARLIMS Corporation (U.S.), Autoscribe Informatics (U.K.), Illumina, Inc. (U.S), Siemens AG (Germany), Novatek International (Canada), Agaram Technologies Pvt Ltd. (India), and Autoscribe Informatics (U.K.).

Scope of the Report:

Asia-Pacific LIMS Market Size & Trend Analysis, by Mode of Delivery

• Web and Cloud-based LIMS
• On-premise LIMS

Asia-Pacific LIMS Market Size & Trend Analysis, by Offering

• Software
• Services

Asia-Pacific LIMS Market Size & Trend Analysis, by Type

• Multi-purpose LIMS
• Purpose-built LIMS

Asia-Pacific LIMS Market Size & Trend Analysis, by End User

• Life Sciences
  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutes
  • Biobanks & Biorepositories
  • Contract Research Organizations (CROs)
  • Other Life Sciences End Users
• Food & Beverage Industry
• Chemical Industry
• Petrochemicals and Oil & Gas Industries
• Environmental Testing Laboratories
• Other End Users
  (Note: 1. Other life sciences end users include hospitals, medical device companies, diagnostic laboratories, and toxicology testing laboratories.)
  (Note 2. Other end users include forensic laboratories, mining & metal laboratories, and contract manufacturing organizations (CMOs) )

Asia-Pacific LIMS Market Size & Trend Analysis, by Geography

• Japan
• China
• India
• Australia
• South Korea
• Singapore
• Indonesia
• Rest of Asia-Pacific

Key questions answered in the report: