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Scientific Data Management System Market Research Report: Global Industry Size, Share, Development, Growth and Demand Forecast to 2030

  • Publishing: May 2021
  • Report Code: LS11996
  • Available Format: PDF

Scientific Data Management System Market Overview

A scientific data management system collects information, prepares catalogs, and stores data generated by laboratory instruments, such as mass spectrometers, and colorimeters. It also manages data generated by laboratory information management system (LIMS).

The scientific data management system market based on type is categorized into the cloud-based and on-premises. Between these, the cloud-based category is expected to witness higher growth during the forecast period (2020–2030), mainly owing to fast adoption of the cloud-based scientific data management system in majority of the program based on scientific data management systems.

The scientific data management system market on the basis of end user is categorized into laboratory, research institutes, hospitals, and others. Among these, the research institutes category accounted for the significant market share during the historical period (2014–2019). This is attributed to the increase in the number of intellectual property records, which are stored in the secured program in scientific data management system.

Geographically, North America held the largest share in the scientific data management system market during the historical period, on account of advanced healthcare systems, presence of huge number of advanced laboratories and related facilities, and presence of several market players in the region. However, the Asia-Pacific (APAC) region is likely to witness the fastest scientific data management system growth in the coming years, cumulatively led by surging prevalence of chronic diseases and rising geriatric population. In addition, the increasing life expectancy is likely to introduce more investments in the healthcare industry of the region for technological development.

Scientific Data Management System Market Dynamics

The growing demand for laboratory automation is expected to increase the revenue in the scientific data management system market. Advanced laboratories, such as genetics laboratories and clinical trial settings, require advanced data management software tools and systems for securely storing, sharing, and collecting the personalized and other data, leading to the growth of the market players.

Moreover, development of integrated lab informatics solutions, increasing demand from academic research institutes, growth in the usage of lab informatics solutions, technological advancement, and several other factors are further expected to drive the scientific data management system market during the forecast period.

However, the significantly high cost in implementing scientific data management system hampers the growth of the scientific data management system market.

Scientific Data Management System Market Competitive Landscape

The key players in scientific data management system market are involved in adopting various strategies, such as mergers and acquisitions and partnerships, to strengthen their position among competitors. For instance, in August 2019, Merck KGaA acquired BSSN Software GmbH, a Germany-based laboratory informatics company that makes data more readily accessible for analysis and long-term archiving.

Moreover, in March 2019, TIBCO Software Inc. that develops solution for application program interface (API) management and data analytics acquired SnappyData Inc., an Indian in-memory data platform provider. The acquisition was aimed to integrate TIBCO Connected Intelligence platform with unified analytics from SnappyData Inc. to enhance its analytics, data science, streaming, and data management.

Some of the major players operating in the scientific data management system market are Thermo Fisher Scientific Inc., Abbott Laboratories, Accelerated Technology Laboratories Inc., Merck KGaA, TIBCO Software Inc., LabVantage Solutions Inc., SciCord LLC, and Shimadzu Corporation.

The major countries taken into consideration for market size analysis are the U.S., Canada, France, Germany, the U.K., Italy, Spain, Russia, the Netherlands, Japan, China, India, Australia, Brazil, Mexico, Argentina, Saudi Arabia, the U.A.E., and South Africa.

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