The Lab Inventory Management Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Lab Inventory Management Software Market?
The market size for lab inventory management software has seen a quick expansion in recent times. It is expected to increase from $2.49 billion in 2024 to $2.79 billion in 2025, with a compound annual growth rate (CAGR) of 12.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Lab Inventory Management Software Industry?
The Lab Inventory Management Software Global Market is projected to grow to $4.4 billion by 2029 and is expected to expand at a compound annual growth rate (CAGR) of 12.0%.
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What are the Key Growth Drivers Fueling the Lab Inventory Management Software Market?
The key drivers in the lab inventory management software market are:
• Increasing research and development in life sciences
• Rising adoption of digital solutions
• Expansion of the biopharma sector
• Growth in cloud adoption and demand for standards-compliant software
Global Market Segmentation: Identifying Major Lab Inventory Management Software Industry Segments
The lab inventory management softwaremarket covered in this report is segmented –
1) By Type: Cloud-Based, Web-Based, On-Premise
2) By Pricing Model: Subscription, One-Time
3) By Application: Biotech, Drug, Testing, Research
4) By Industry: Pharmaceutical, Biotechnology, Chemicals, Manufacturing, Academia And Research, Other Industries
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What are the emerging Trends Shaping the Future of the Lab Inventory Management Software Market?
The key trends in the lab inventory management software market are:
• The integration of automation and AI is a prominent emerging trend in the lab inventory management software market.
• There is an increasing demand for accurate sample tracking in the market.
• Rapid evolution of features and tools in lab management software is a notable trend.
• IoT integration and highly customizable software solutions are key trends shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Lab Inventory Management Software Market?
Major companies in the lab inventory management software market are:
• Thermo Fisher Scientific Inc.
• Agilent Technologies Inc.
• Dassault Systèmes SE
• Odoo SA
• Benchling Inc.
• LabWare Inc.
• LabVantage Solutions Inc.
• Eppendorf SE
• Dotmatics Ltd.
• Lablynx Inc.
• Titian Software Ltd.
• Quartzy Inc.
• Clustermarket Ltd.
• Labguru Healthcare Private Limited
• LabCollector
• CloudLIMS Lab Solutions Pvt. Ltd.
• SciNote Electronic Lab Notebook
• Arxspan
• LIMSABC
• LabSuit Project Ltd.
• CrelioHealth Pvt. Ltd.
• eLabNext
• Genemod
Regional Dominance: Which Area Leads the Global Lab Inventory Management Software Market?
North America was the largest region in the lab inventory management software market in 2024
