Life Sciences Industry Trends | Life Sciences LIMS Market Analysis

As highlighted by Life Sciences Industry Trends, the global laboratory information management system market was valued at USD 2.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.48% between 2024 and 2030. The global market is valued at about $1 billion and projected to exhibit annual growth between 12% and 14% over the next few years. Frost & Sullivan expects the user base to increase 10% to 12% annually .