Meticulous Research®, a renowned global market research company, has released a comprehensive report titled ‘NORTH AMERICA ELECTRONIC LAB NOTEBOOK MARKET by Product (Cross-disciplinary, Specific), Technology (Proprietary, Open-source), Channel (Web & Cloud-based, On-premise), End User (Pharmaceutical, Biotech, CROs, Academia/ Research, F&B)—Forecast to 2030.’
The report projects that the North American market for electronic lab notebooks (ELNs) will reach $372.7 million by 2030, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030. Key factors contributing to this growth include the increasing prevalence of R&D activities in the life sciences sector, the rising trend of laboratory automation, and advancements in laboratory informatics. The growing demand for adherence to regulatory frameworks further stimulates market expansion.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5604
Moreover, the report highlights the expanding role of cloud-based ELNs and the integration of artificial intelligence, which are anticipated to offer substantial growth opportunities for market players in the near future.
However, the report also underscores certain challenges, such as the high costs of transitioning from traditional to electronic lab notebooks and hesitation among laboratories to adopt ELNs. Additionally, the complexities of system integration and data security concerns pose significant obstacles to market growth.
Future Market Outlook
The North America electronic lab notebooks market is categorized by product, technology, channel, end-user, and geography. The study offers a detailed country-level analysis and evaluates the competitive landscape.
Within the product category, cross-disciplinary ELNs are projected to command the largest market share by 2024. Their popularity is driven by their versatility in serving multiple scientific disciplines, reducing IT overheads, and centralizing data storage. Cross-disciplinary ELNs are also valued for improving workflow management and collaboration across diverse research fields.
From a technology perspective, proprietary ELNs are expected to dominate the market due to their customizable features, enhanced support, and ownership advantages.
In terms of distribution, the web & cloud-based ELN segment is anticipated to lead due to its cost-efficiency, real-time analysis capabilities, and ease of integration with existing systems.
Among end users, pharmaceutical companies are forecast to hold the largest market share in 2024. This is attributed to their rapid adoption of digital technologies and laboratory informatics solutions.
Geographic Analysis
The report evaluates the market at the national level within North America, focusing on the U.S. and Canada. In 2024, the U.S. is expected to capture the largest share, driven by the country's robust economy, stringent regulations, and high laboratory automation levels. The U.S. also benefits from the presence of leading ELN vendors and an increasing adoption of cloud-based solutions.
Key Players
The key players operating in the North America electronic lab notebooks market are Abbott Laboratories (U.S.), Agilent Technologies, Inc. (U.S.), Arxspan, LLC (U.S.), Benchling, Inc. (U.S.), Eppendorf AG (Germany), Dassault Systemes SE (France), ID Business Solutions (IDBS) Ltd. (U.K.), KineMatik Inc. (U.S.), Lab-Ally, LLC (U.S.), Labforward GmbH (Germany), Labii Inc. (U.S.), LabArchives, LLC. (U.S.), LabLynx, Inc. (U.S.), LABTrack, LLC. (U.S.), LabWare, Inc. (U.S.), Mestrelab Research, S.L. (Spain), PerkinElmer, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), and Waters Corporation (U.S.), among others.
Key Questions Answered in the Report:
- Which are the high-growth market segments in terms of product, technology, channel, end user, and geography?
- What was the historical market size for electronic lab notebooks in North America?
- What are the market forecasts and estimates for the period 2024–2030?
- What are the major drivers, restraints, opportunities, and challenges in the North America electronic lab notebooks market?
- Who are the major players in the North America electronic lab notebooks market?
- What is the competitive landscape like, and who are the market leaders in the North America electronic lab notebooks market?
- What are the recent developments in the North America electronic lab notebooks market?
- What are the strategies adopted by major players in the North America electronic lab notebooks market?
PURCHASE NOW : https://www.meticulousresearch.com/Checkout/81327679
Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Comments
0 comment