The electronic lab notebook (ELN) market income added up to ~US$ 421.0 Million in 2021. The electronic lab notebook (ELN) market is projected to arrive at ~US$ 1,180.3 Million by 2029, developing at a CAGR of 13.9% from 2022 to 2029.
A new Future Market Insights (FMI) concentrate on tracks how the reception of electronic lab notebook (ELN) programming is getting down to business in the worldwide market. Set to observe a twofold digit CAGR throughout the following ten years, the worldwide ELN programming market will outperform a billion-dollar incomes by 2029 end.
Expanding interest for laboratory data the board frameworks (LIMS), chromatography information frameworks (CDS), logical instrumentation, and logical information the executives frameworks (SDMS) will set out potential development open doors for the electronic lab notebook (ELN) programming suppliers.
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Other key development powerhouses related with market incorporate basic requirement for decreasing information audit and process durations, data catching and reuse, staying away from rehashes, and reexamination in the existence sciences industry application.
Key Takeaways – Electronic Lab Notebook (ELN) Software Market Study
- Increasing outsourcing of manufacturing and R&D activities by pharmaceutical companies from other regions such as North America and Europe are resulting in high demand for ELN for efficient laboratory data management and regulatory compliance.
- Emerging cloud-based technology provides web and cloud-based solutions for various factors such as cost-effectiveness, real-time analytics, easy access to data, integration with other systems & software, sharing of data internally and externally, scalability and flexibility.
- Software solution based segment electronic lab notebook (ELN) software market is expected to generate an incremental opportunity of ~US$ 611 Mn during the forecast period.
Product Innovation Key to Enhance Remote Sensing Technology
Key vendors are focusing on adoption of electronic lab notebook (ELN) software for conducting research in the life sciences industry under various domains such as pharmaceuticals, chemicals and others and follow a practice of recording daily activities.
- For instance, Scilligence Corporation offers electronic lab notebook (ELN) software for training graduate and undergraduate students in industrial standards and processes. It also allows students to run ELN in their own devices (computers, iPad, Android tablet, etc.), without any software installation.
- For instance, Arxspan LLC. offers ArxLab electronic lab notebook (ELN) software preconfigured for biology application. It consists of a cloud-based architecture and helps to streamline workflows, protect sensitive IP (Intellectual Property), increase productivity and is compliant to standard regulations.
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Competitive Landscape
Many key players are inclined at investing heavily in lab automation technology research and development practices to uncover increased applications of electronic lab notebooks. With the use of technology, vendors are also focusing on lowering the cost of electronic lab notebook, and customer satisfaction for captivating an increased customer base.
- For instance, in November 2019, Thermo Fisher Scientific introduced latest forensic laboratory qualified capillary electrophoresis platform. The platform is designed for both new and experienced users who need a simple instrumentation experience for forensic analysis.
Learn More About Report Inclusions
In this report, the global electronic lab notebook (ELN) software market is tracked in terms of value, and is calibrated to obtain the market revenue estimates. The report is categorically split into six major sections, namely market analysis by solution such as software (laboratory information management system (LIMS) platform and electronic lab notebook (ELN) software) and services (Validation services, consulting services, implementation and integration services, support and maintenance, training).
By license (proprietary ELN, open source ELN), by deployment (cloud and on-premises), by enterprise size (small & medium and large), by pricing model such as subscription model (monthly subscription & annual subscription) and one time license, and industry (healthcare and life sciences, energy, food & beverages, academic & scientific research, petrochemicals, mining and metals, others), across seven major regions.
Electronic Lab Notebook (ELN) Market Outlook by Category
By Solution:
- Electronic Lab Notebook (ELN) Software
- Laboratory Information Management
- System Platform
- Electronic Lab Notebook Software
- Electronic Lab Notebook (ELN) Services
- Validation Services
- Consulting Services
- Implementation & Integration Service
- Support & Maintenance
- Training
By Deployment :
- Cloud
- On-Premises
By Enterprise Size:
- Small & Medium Enterprises
- Large Enterprises
By Industry :
- Healthcare & Life Sciences
- Energy
- Food & Beverages
- Academic & Scientific Research
- Petrochemicals
- Mining & Metals
- Others
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Japan
- Middle East & Africa (MEA)
- GCC Countries
- Emerging Countries
Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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