Laboratory Information Systems Market Size – Digitizing Modern Labs
The Laboratory Information Systems Market Size exhibits robust growth fueled by increasing global lab automation and soaring diagnostic volumes. As healthcare moves deeper into digital workflows, LIS solutions have become indispensable in hospitals, independent labs, and biobanks—not only for sample tracking and results management, but also for ensuring compliance and operational efficiency.
In 2023, the market was valued at around USD 2.4 billion and is expected to climb toward USD 4.0 billion by 2028 at a CAGR of approximately 10.8%. Growth drivers include the demand for integrated laboratory systems, personalized medicine, and cloud-based delivery models that reduce IT overhead. North America maintains the largest share thanks to advanced infrastructure and strong R&D investment, while Asia-Pacific is the fastest-growing region, driven by healthcare modernization and expanding lab networks.
FAQQ1: What is driving the growth in market size?A1: Rising demand for lab automation, personalized diagnostics, and cloud LIS adoption.Q2: Which region is expanding fastest?A2: Asia-Pacific, due to growing healthcare infrastructure and digitization initiatives.