Electronic Lab Notebook (ELN) Market: Meticulous Research(R) Highlights Why This Market is Growing at a CAGR of 7.0% to Reach $642.3 Million by 2025

(Heraldkeepers via Comtex)

Electronic lab notebook is a platform mainly used by researchers and clinicians due to its features that improve operational efficiency of laboratories and enable and cost optimization. It also helps in smooth regulatory compliance, enhanced productivity, better traceability, and improved quality and decision making.

Meticulous Research(R) in its latest publication on Electronic Lab Notebook Market states that the global electronic lab notebook market will grow at a CAGR of 7.0% from 2019 to 2025 to reach $642.3 million by 2025. ELNs enable research professionals and scientists to share experiment related information easily and improve or reuse the data. Moreover, compatibility of ELNs with laboratory information management systems (LIMS) ensures a complete information access and administration. The growing interest of users towards using cloud based ELNs is gaining greater traction and offering immense growth opportunities for the players operating in this market. The growth of the global ELN market is mainly attributed to growing automation in laboratories and digitalization of laboratory data, increasing R&D activities, growing need for efficient data management in various application industries, technological advancements in laboratory solutions, and rising pressure on laboratories to ensure regulatory compliance.

To provide efficient analysis, Meticulous Research(R) has segmented this market on the basis of product type (cross-disciplinary ELN, specific ELN), license type (proprietary ELN, open-source ELN), mode of delivery (web and cloud based ELN, on-premise ELN), end user (pharmaceutical companies, biotechnology companies, CROs and CMOs, academic research institutes, food and beverage companies, and others), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

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Geographically, North America commanded the largest share of the electronic lab notebook market followed by Europe. The major share of North America is mainly attributed to relatively high levels of automation in laboratories in this region, and increasing demand for electronic lab notebook among researchers and scientists in sectors like pharmaceutical & biotechnology, academic research, and food & beverage industries.

While in terms of end user, pharmaceutical companies accounted for the largest share in the global ELN market in 2018. The need to maintain data integrity, security, & validity along with increasing productivity enhances the adoption of ELN solutions by pharmaceutical companies.

Key Players:

The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players in this market including Abbott Informatics Corporation (U.S.), Agilent Technologies, Inc. (U.S.), Arxspan, LLC (U.S.), Benchling, Inc. (U.S.), Dassault Systemes SE (France), Bio-ITech BV (eLabJournal) (The Netherlands), ID Business Solutions (IDBS) Ltd (Danaher Corporation) (U.K.), Kinematic Inc. (U.S.), Lab-Ally LLC (U.S.), LabArchives, LLC. (U.S.), Labfolder GmbH (Germany), Labii Inc. (U.S.), LabLynx, Inc. (U.S.), LABTrack, LLC (U.S.), LabVantage Solutions, Inc. (U.S.), LabWare, Inc. (U.S.), Mestrelab Research (Spain), PerkinElmer, Inc. (U.S.), RURO, Inc. (U.S.), SciNote LLC (U.S.), Seqome Limited (Ireland), Thermo Fisher Scientific Inc. (U.S.), and Waters Corporation (U.S.).

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Scope of the Report:

Market by Product Type

  • Cross-disciplinary ELN
  • Specific ELN

Market by License Type

  • Proprietary ELN
  • Open-Source ELN

Market by Mode of Delivery

  • Web &cloud based ELN
  • On-premise ELN

Market by End User

  • Pharmaceutical Companies
  • Biotechnology Companies
  • CROs & CMOs
  • Academic Research Institutes
  • Food & Beverage Companies
  • Others

Market by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
    • Japan
    • China
    • India
    • Rest of APAC (RoAPAC)
  • Rest of World
    • Latin America
    • Middle East and Africa

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