Global Electronic Lab Notebook Market by License (Proprietary), by Product (Specific, Cross Disciplinary) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global market for Electronic Lab Notebooks (ELN) was valued at USD 532.0 millions in 2018. It is expected to grow at a CAGR 4.8% during the forecast period. The adoption of ELN is expected to be driven by the increased demand for automation in laboratories. The key factors behind the growth include process optimization, better regulatory compliance, lower labor costs, improved data quality, faster delivery, and improved regulatory compliance.

Furthermore, reproducible and repeatable healthcare operations have been made possible by the increasing use of robotics and process automatization. It's now possible to quickly set up, run and analyze experimental results. The increasing use of high-throughput systems has allowed for efficient evaluation of experimental data, which improves the efficiency of laboratory operations. ELN provides a user-friendly interface for data retrieval and navigation.

Manufacturing is a complex process that involves iterative processes and methods. It requires systems that allow for collaboration. These systems should be reliable, robust, repeatable, reliable, and with minimal downtime. It is important to increase the speed of delivery and provide support for regulatory scrutiny. It is simple to re-engineer manufacturing processes as they are process-driven. Virtual and electronic labs are essential for life science companies in order to develop innovative products and improve their operational efficiency. These factors will drive the market during the forecast period.

North America will hold a significant market share. The region has seen a rise in ELN adoption due to strict regulations for pharmaceutical companies. Key factors driving the growth are the presence of industry leaders and the launch new products. Asia Pacific is expected to experience rapid growth. The Chinese government has established its 12th 5-year plan to integrate information and communications technology across all levels of society and close the gap in healthcare access. It also aims to create e-health records for rural citizens and facilitate information sharing through Regional Healthcare Information Networks.

Product Insights

The market for electronic lab notebooks can be divided into specific and cross-disciplinary on the basis of their products. Due to its widespread use, the cross-disciplinary electronic laboratory notebook held the largest market share in 2018. It is versatile enough to be used in many disciplines, including management, IT, legal and R&D. It also has other benefits such as lower IT overheads, shared data collection processes and standards throughout the organization, secure storage and integrated workflow management. It is easy to access and allows for greater exploitation of shared data.

However, ELNs with specific characteristics held a significant market. Share. This data is only applicable to one discipline. Cross-disciplinary data is less secure. It increases the productivity of one research function, and data sharing is restricted to a particular team.

Delivery Mode Insights

As of 2018, the market share for electronic lab notebooks was the highest in cloud-based/web hosted. Cloud-based ELN software is being adopted more by CROs because of its benefits. These include reduced labor costs, secure access to clinical information, increased storage space, and easier ecosystem. These are all expected to lead to lucrative growth opportunities in the sector.

The installation of services and solutions to computers within an organization is part of the on-premise ELN service. This type of investment requires more capital due to hardware purchases, IT support and general overhead. SaaS-based cloud electronic lab notebooks offer many advantages over traditional on-premise systems, such as lower downtime and automatic upgrades. The private cloud is another cloud-based ELN that organizations use. It includes managed and single-tenant services. LabArchives and Lab-Ally are some of the most popular cloud-based ELN applications. Benchling, Biosistemika and LabArchives are just a few examples.

License Insights

In 2018, the ELN market's largest revenue share was held by the proprietary segment. It is expected to continue its lead in the future. It is safer than open source. The owner of the software has access to the source code and includes some of its major features.

Open-source software, on the other hand, has very limited features. You can modify the source code and share it under certain terms. Indigo ELN is an example of open-source. It was based on the CeN, an internal chemistry electronic laboratory notebook at Pfizer. Scientists can use the open-source to plan, prepare, analyze and plan experiments, as well as access pertinent information.

End-Use Information

As of 2018, the highest revenue share in the end-user segment was held by Life Sciences. This industry is seeing a rise in demand for electronic lab notebooks to improve product quality, create innovative products, and increase operational efficiency. These needs are being met by an increasing demand for electronic and virtual laboratories. Cloud-based electronic lab notebooks allow for the efficient management of large amounts of data remotely and enable real-time analysis.

The increasing trend towards outsourcing is expected to lead to lucrative growth for the CROs segment. The lucrative growth of CROs, and BPO segments is due to outsourcing companies' increasing use of ELN to reduce healthcare costs. These have the added benefit of faster delivery, data entry and reduced time. This technology is also used in the forensic and food and beverage industries, as well as other pharma labs. This segment is expected to grow due to rising operational costs and the advantages associated with electronic laboratory notebook usage.

Regional Insights

The technologically advanced infrastructure in North America was responsible for North America's largest revenue share. The policies that support the deployment of ELN within the laboratories are another factor driving growth in this region.

Asia Pacific will see lucrative growth due to the growing number of CROs. One of the main factors driving growth is the availability of skilled professionals at lower costs. Japan's Ministry of Health Labor and Welfare has launched initiatives to improve existing healthcare infrastructure.

Electronic Lab Notebook Market Share insights

There are many small and large players in the market. LabWare, Core Informatics, Arxspan, LLC, Thermo Fisher Scientific, Inc., Benchling, Inc.., LabVantage Solutions, Inc., Abbott Laboratories, LabLynx, Inc., Agilent Technologies, and Dassault Systemes SE are some of the major players.

To increase market share, the key players engage in strategic initiatives like product launches, technological advances, mergers and acquisitions. Companies have developed technologically advanced platforms, such as cloud-based ELN and SaaS. These advanced products offer greater utility, which gives them an advantage over their competitors. AgileBio's latest version of ELN, which includes advanced features like an image editor and back-up, was launched in May 2016.

Electronic Lab Notebook Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional, or country level and offers an analysis of industry trends for each sub-segment from 2014 to 2026. Grand View Research has divided the global electronic notebook market report by product, delivery method, component, end use, and region.

• Product Outlook (Revenue USD Million, 2014-2026)

  • Cross-disciplinary

  • Specific

• Delivery Mode Outlook (Revenue USD Million, 2014-2026)

  • On-premise

  • Web-hosted/Cloud-based

• License Outlook (Revenue USD Million, 2014-2026)

  • Proprietary

  • Open

• End-Use Outlook (Revenue USD Million, 2014-2026)

  • Life Sciences

  • CROs

  • Chemical Industry

  • Food and Beverage and Agriculture Industries

  • Environmental Testing Laboratories

  • Petrochemical Refineries & Oil and Gas Industry

  • Other Industries (Forensics and Metal & Mining Laboratories).

• Regional Outlook (Revenue USD Million, 2014-2026)

  • North America

    • The U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Russia

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

These are the most frequently asked questions about this report

b. Global market for electronic lab notebooks was valued at USD 553.3 Million in 2019, and is forecast to grow to USD 576.5 Million in 2020.

b. Global electronic lab notebooks market is expected grow at a compound annual rate of 4.8% between 2019 and 2026, reaching USD 768.2 millions by 2026.

b. With a 45.49% share in 2019, North America was the dominant market for electronic lab notebooks. This can be attributed to the technologically advanced infrastructure and policies that support the deployment of ELN within the laboratories.

b. LabWare, Core Informatics, Arxspan, LLC, Thermo Fisher Scientific, Inc., Benchling, Inc.., LabVantage Solutions, Inc.., Abbott Laboratories, LabLynx, Inc., Agilent Technologies, and Dassault Systemes SE are some of the key players in the electronic lab notebook market.

b. The key factors driving the growth of the electronic lab notebook market include increased demand for automation in laboratories and process optimization. They also have lower labor costs, better data quality, and faster delivery.

Up Market Research published a new report titled “Electronic Lab Notebook Market research report which is segmented by License (Proprietary), by Product (Specific, Cross Disciplinary), By Players/Companies Inc; Abbott Laboratories; LabLynx, LLC, Inc; Agilent Technologies; and Dassault Systemes SE, Inc; Benchling, Thermo Fisher Scientific, LabWare; Core Informatics; Arxspan, Inc; LabVantage Solutions”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Electronic Lab Notebook Market Report Segments:

The market is segmented by License (Proprietary), by Product (Specific, Cross Disciplinary).

Electronic Lab Notebook Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Electronic Lab Notebook Market

Overview of the regional outlook of the Electronic Lab Notebook Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Electronic Lab Notebook Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Electronic Lab Notebook Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Proprietary

                1. Specific

                2. Cross Disciplinary

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electronic Lab Notebook Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Electronic Lab Notebook Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.