According to Goldstein Research, global laboratory information system market is expected to reach USD 2.75 billion by 2024, growing at a CAGR of 7.25%. The huge investment in healthcare performance, to shift towards advanced analytics in lab system and cloud technologies to store and analyze large data is driving the growth of the market. Global laboratory information system market segmentation has been done on the basis of component, product type, delivery mode, end-user and geography. Service segment accounted for largest market share of 52% in 2016 for being most attractive segment. Laboratory Information System Market On the other hand, software segment is expected to dominate the market over the forecast period. Global laboratory information system market is dominated by North America with 51% market share in 2016. North America is closely followed by Europe market share backed by the increasing expenditure on protecting the patients data and securely exchange of data betw...